The Coaster
Thursday, September 28, 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
  • e-Edition
    • Read Now
    • Subscribe to e-Edition
  • 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
  • e-Edition
    • Read Now
    • Subscribe to e-Edition
  • About Us
  • Advertise
  • Contact Us
No Result
View All Result
The Coaster
No Result
View All Result
Home Bradley Beach

Potential Increase in Municipal Taxes Discussed in Bradley Beach

by Pete Walton
March 20, 2023
in Bradley Beach
Intrigue Continues Over Anonymous Requests
392
VIEWS
Share on FacebookShare via EmailShare on Twitter

By PETE WALTON

Bradley Beach Mayor Larry Fox is proposing a 20 percent increase in the amount of property taxes to be raised for municipal purposes.

At a workshop meeting earlier this month, Kim Humphrey, who left the post of borough administrator this week, gave the public and the Borough Council a nine-page slide presentation on the work she did with Chief Financial Officer Anthony Mannino regarding the budget.

Mannino was not present at the meeting due to a teaching commitment at Rutgers.
A $1.5 million increase in the amount taxpayers would be expected to pay was not mentioned at the workshop until Humphrey was questioned by Councilman Al Gubitosi, who has worked as a certified public accountant and auditor.

Humphrey acknowledged that the Fox budget proposal for municipal government purposes was $8.541 million — approximately $1.5 million more than the previous year’s total of $7.098 million.

“Statutorily, if you look at the increase like just our insurances, pensions, that, that’s more like that number right there,” Humphrey said, referring to the $8.5 million figure.

“A $1.5 million increase in that number on a base of $7 million is a lot, it’s 20 percent,” Gubitosi said. “This is a preliminary budget, a lot of work to do, but nobody’s suggesting this is anything close to…”

“There’s not much more cuts you can [make],” Humphrey responded quickly.
As he opened the workshop meeting, Fox said the borough was facing some “pretty significant statutory increases.”

“We hadn’t really received any healthcare cost increases in three years plus,” the mayor said. “Our healthcare costs in this town are going to go up about $700,000 in the budget this year. It reflects probably three years of accumulated increases, but it’s a significant amount if you think about our budget.”

Fox said there is a $270,000 increase in insurance costs, mainly attributed to the joint insurance fund in which Bradley Beach participates with other municipalities. The mayor said there will be a $60,000 increase in pension costs.

“This year is going to be a real challenge,” Fox said.

Gubitosi agreed that addressing the cost increases would be a challenge.

“I truly believe there are always alternatives,” he said.

“What’s disappointing is that the mayor and [the former] business administrator were working on the budget for months but didn’t share their proposal with the council until just before the [workshop] meeting,” Gubitosi said.

Fox said the council would be provided more information in the weeks following the workshop meeting.

Related Posts

Bradley Beach Police Blotter

September 27, 2023
Intrigue Continues Over Anonymous Requests

In Bradley Beach Mayor Proposes Councilwoman for Borough Post

September 18, 2023

Bradley Beach Police Blotter

September 12, 2023
Bradley Beach to Interview Candidates for Administrator

In Bradley Beach Local Summer Continues

September 6, 2023
Bradley Beach Alliance Announces Pet Contest Winners

Bradley Beach Alliance Announces Pet Contest Winners

September 5, 2023

Bradley Food Pantry Seeks Financial Assistance for Relocation

August 23, 2023

Trending This Week

2 Teens Charged in Asbury Park Fatal Shooting

2 Teens Charged in Asbury Park Fatal Shooting

September 26, 2023

Bradley Beach Police Blotter

September 27, 2023

Update On Homeless Camp

September 27, 2023
hand cuffs

Asbury Park Man Charged in Attempted Murder, Weapons Offenses

September 27, 2023

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

  • 2023 Articles
  • 2022 Articles

e-Edition

  • All e-Editions
  • Subscribe to e-Edition

Search Our Site

No Result
View All Result

Edit Account
Logout

© 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
  • e-Edition
    • Read Now
    • Subscribe to e-Edition
  • About Us
  • Advertise
  • Contact Us
Subscribe / Renew

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