"Our library board of trustees and township council value very highly our Deptford library," said Mayor Paul Medany.
said the township currently funds the library at approximately $1,027,000 per year.
"The point at which each municipality is required to contribute to the library far exceeds the needs and requirements of our library," said Medany
"This original law was enacted in 1944 and we must change with current economic developments.
This is excessive as per the library's operating expenses."
said the town would be remiss if it didn't use every opportunity to reduce the tax burden for residents.
A penny on Deptford's tax rate equals approximately $174,000 so the library transfer is equal to about 3.4 cents on the tax rate.
The township has not yet introduced the municipal budget but is set to do so on April 4.
"It's a one-time deal and certainly not something we've done before," said Medany