Price issued the following statement Monday morning:
The SHOP LOCAL Property Tax Reward Card Program is a voluntary program that residents and businesses can sign up for. The card is designed to encourage Ocean City residents to make purchases on the island instead of the mainland by offering them a discount at participating businesses, totaling up those savings throughout the course of the year, and crediting those savings against their property tax bill at the end of the year.
“This program is a creative and innovative way to support our current year round businesses and year round population, and make Ocean City a more attractive place for both new businesses looking for a place to open, and families looking for a strong community to move to,” said Ed Price. “And after 4 straight years of our property taxes going up, a property tax credit would be very welcome relief.”
In late March, Ed Price, as part of his efforts to encourage business and job growth in Ocean City, attended a SHOP LOCAL seminar in Middle Township to learn more about this program. Also as part of that effort, Price attended the NJ Resources for Small Businesses Meeting in Stone Harbor, an event for small businesses and local governments put together by Lt. Governor Kim Guadagno and League of Municipalities President & Stone Harbor Mayor Suzanne Walters. This event was designed to provide access to resources for growing and keeping small businesses in the community.
“I am dedicated to ensuring that our year round community remains vibrant, and to that end we need a healthy and thriving local economy and need to support and give every advantage to our small businesses that we can,” said Price. “That is why I attended these events, to learn about every resource possible to support our local businesses. It is unfortunate that Ocean City is not participating in these programs that support local businesses."