The Coaster
Friday, June 2, 2023
No Result
View All Result
  • Browse News by Town
    • Allenhurst
    • Asbury Park
    • Avon
    • Bradley Beach
    • Deal
    • Interlaken
    • Loch Arbour
    • Long Branch
    • Neptune
    • Neptune City
    • Ocean Grove
    • Ocean Township
    • Tinton Falls
  • About Us
  • Advertise
  • Contact Us
Subscribe / Renew
  • Browse News by Town
    • Allenhurst
    • Asbury Park
    • Avon
    • Bradley Beach
    • Deal
    • Interlaken
    • Loch Arbour
    • Long Branch
    • Neptune
    • Neptune City
    • Ocean Grove
    • Ocean Township
    • Tinton Falls
  • About Us
  • Advertise
  • Contact Us
No Result
View All Result
The Coaster
No Result
View All Result
Home Asbury Park

Municipal Tax Rate Boost is 28 Cents in Asbury Park

by The Coaster Editorial Staff
August 29, 2013
in Asbury Park
2
VIEWS
Share on FacebookShare via EmailShare on Twitter

 

Asbury Park taxpayers will see a 28-cent increase in their municipal tax rate under the 2013 budget adopted by the City Council last week.

The municipal tax rate will increase from $3.20 for each $100 of assessed valuation to $3.48, or an approximate nine-percent increase. For the average home assessed at $84,000 there will be an increase of $234 in municipal taxes.

Acting Chief Financial Officer Richard Gartz said that additional revenues of $475,000 in state aid and $350,000 in Community Development Block Grant money are largely responsible for decreasing an original tax increase that was to be 39.7 cents.

Mayor Myra Campbell and Councilman John Moor voted against adopting the budget.

“I am concerned about the burden this tax increase imposes on people in our community who cannot afford it,” Campbell said.

Moor said he has many concerns about the budget, including the lack of funding for items like raises, buyouts, and security cameras.

“We got almost the same state aid we did last year and this is too high of a tax increase,” he said.

The total $41.2 million budget has a tax levy of almost $14.5 million. Property value in the city dropped from a total $429 million to $415 million, or down by $14 million, which resulted in 12 cents of the total tax increase.

The city also had to make a $650,000 emergency appropriation to cover a $1 million dollar shortfall in last year’s budget to cover employee health benefits.

In other business, the city is either reorganizing or creating committees to deal with four issues: new website and Internet technology; budget; parking; and public safety.

Anyone wanting to be a member of any committee should contact the city.

Related Posts

In Asbury Park School Budget Features Substantial Tax Boost

In Asbury Park School Officials Discuss Resurrecting Alternate School

May 31, 2023
Condominium Complex Planned Adjacent to the Wonder Bar

Condominium Complex Planned Adjacent to the Wonder Bar

May 24, 2023
Beach Cinema Still for Sale

Asbury Park to Receive $526,000 In Funding to Support Local Businesses

May 22, 2023
Stabbing Incident at Asbury Park High School

Asbury Park Man Indicted For Torturing, Killing Pet Cat

May 16, 2023
Farmers Market Returning to Neptune

Asbury Park Farm Stand Opening

May 10, 2023
Husband Indicted for Killing Wife, Leaving Body on Roadside in Ocean

Asbury Park Man Sentenced to 17 Years for Sex Crimes Against Teens

May 10, 2023

Trending This Week

Ocean Grove Burglar Arrested

May 31, 2023
2 Lawsuits Filed Over Neptune City’s Marijuana Ordinance

In Neptune Another Cannabis Business OK’d

May 31, 2023
In Asbury Park School Budget Features Substantial Tax Boost

In Asbury Park School Officials Discuss Resurrecting Alternate School

May 31, 2023
$500,000 Grant For Fitness Path

Ocean Grove Residents Complain About Beach Badges Featuring a Cross

May 31, 2023

Advertisement

Advertise Online with The Coaster

Advertise on The Coaster to reach countless new customers for your local business.

START ADVERTISING TODAY

E-mail Newsletter

Sign up to get a free weekly newsletter to your inbox.

Subscribe

Contact Us

The Coaster
1011 Main St
Asbury Park, NJ 07712
Phone: 732-775-3010
FAX: 732-775-8345
editor@thecoaster.net

Email Newsletter »

All Articles

Search Our Site

No Result
View All Result

© 2023 The New Coaster, LLC. All rights reserved. • Privacy Policy

No Result
View All Result
  • Browse News by Town
    • Allenhurst
    • Asbury Park
    • Avon
    • Bradley Beach
    • Deal
    • Interlaken
    • Loch Arbour
    • Long Branch
    • Neptune
    • Neptune City
    • Ocean Grove
    • Ocean Township
    • Tinton Falls
  • About Us
  • Advertise
  • Contact Us
Subscribe / Renew

© 2023 The New Coaster, LLC. All rights reserved. • Privacy Policy