Beach Haven Borough Budget Comes With No Tax increase

Apr 11, 2018

Without any public comment at its April 9 meeting, the Beach Haven Borough Council has adopted a 2018 municipal budget of $12,074,970, down by nearly $11,000 from last year’s expenditures.

Borough Manager/Clerk Sherry Mason said the municipal purpose tax, will remain the same, at 37.3 cents per $100 assessed value.

During her manager’s report, Mason said salaries and wages decreased by $156,797, or 2 percent. She said insurance costs increased by $124,478, or 6.4 percent, while pension costs rose by $37,843, or 4.3 percent.

She said on the revenue side there was a $17,856 decrease in code enforcement fees, as well as a $45,590 drop in grants.

Mason said that for the first time in five years, the borough will be free of a $600,000 annual payment from Superstorm Sandy special emergency notes.

“These were notes which went for cleanup after Sandy,” said Mason. ”It’s great that we’re finally done with it.”

She said the borough’s surplus account is $2.37 million, down nearly $5,000 from last year.

Mason said the borough’s net valuation is $2.08 billion, an increase of $12 million from 2017. —E.E.

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