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Public Hearing on Municipal Budget Set For Thursday Night

When introduced on March 27, the budget was $69,775,684.60, down from the proposed $72 million and from last year’s $71,983,050.55.

Patch File Photo
Patch File Photo
The public hearing for the 2014 municipal budget is set for Thursday night’s council meeting.

When introduced on March 27, the budget was $69,775,684.60, down from the proposed $72 million and from last year’s $71,983,050.55.

The tax rate is up 1.46 cents from last year, and the tax levy increased 2.57 percent, up to $44,793,202.78 from $43,672,664.48 from last year.

The levy in the proposed budget was 2.89 percent.

An Ocean City home assessed at $500,000 would see an annual increase of $73.

A council vote on adoption of the budget follows the hearing.

Prior to the hearing council will consider an ordinance to establish a cap bank for 2014.

Other ordinances up for second reading include revisions to the bulkhead ordinance, an ordinance allowing free beach access for veterans and a revision to the city’s general ordinances to add a minor site plan.

The consent agenda includes a resolution to award a contract for the installation of a track surface at Carey Field, which is used by the high school’s football team and the city’s soccer team, the Ocean City Nor’easters.

A resolution to award a contract for improvements to the 15th Street Playground is also among the items on the consent agenda.

To view the full agenda, visit ocnj.us.

Click here for the agenda packet.

AB April 23, 2014 at 09:27 AM
$70 million. What a joke.

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