POINT PLEASANT BEACH — A slight increase in municipal tax bills is expected, borough council members announced during an April 4 meeting, which also saw public comments regarding litigation over a restaurant tent.
During the administrator’s report, Borough Administrator Christine Riehl presented a tentative municipal budget of $17,364,670.81, with a .9 percent tax rate increase. The total amount to be raised by taxation id $9,582,062.42 which is an increase of $265,065.41. It would add $47 to the annual tax bill of a home assessed at the borough average of $500,000.
Ms. Riehl said the borough was able to keep the tax rate increase under a penny by making budget cuts.
“Let’s keep in mind this is all with 20 percent forced impact with health premiums going up in the state and six percent to eight percent inflation rate,” said Point Beach Mayor Paul Kanitra. “I don’t think we could ask for much better.”
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