Ship Bottom Tax Rate to Increase by Less Than a Penny

May 09, 2018

Under a $7,736,185 budget adopted by the Ship Bottom Borough Council April 30, the local purpose tax rate increased by .4 cents on each $100 of assessed value. An average homeowner will see an increase of $25.33 on an average home assessed at $633,258.

The total amount of the budget to be raised by taxation is $4,553,567.23.

Here are some of the revenue sources that enabled keeping the local purpose tax rate at a minimum increase for the year: surplus, $1,732,450; beach badge fees, $575,000; receipts from delinquent taxes, $164,350; fines and costs, $86,000; construction code fees, $125,000; rents, $59,000; interests and cost on taxes, $43,650; boat ramp fees, $35,000; licenses, $32,000; grants, $48,233.77; fees and permits, $19,000.

Taxpayers monies will be used on, but not limited to, the following: 18 percent, or $1,401,500, for police; 12 percent, or $905,000, for insurance; 10 percent, or $793,500, for general government; 11 percent, or $838,500, for parks and recreation, which includes the beaches; 8 percent, or $615,000, for public works; and 5 percent, or $385,883.21, toward debt service. —G.G.S.

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