Politics & Government

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.

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.

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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.

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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.


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