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Belmar Municipal Budget: No Tax Increase For Fourth Straight Year.

Belmar Mayor Matthew J. Doherty announced Tuesday that he will present a budget to the Council with no tax increases for the fourth straight year.

Belmar had seen 16 years of compounding tax increases prior to Doherty becoming mayor. Doherty said that after 16 years of escalating taxes, "I am proud that we are able to provide four years of relief from tax increases for property owners in Belmar." 

"I believe it is our responsibility to ensure that our residents have the services they need, while keeping Belmar an affordable place to call home,” he said.

 

Doherty concluded, “We had to make a lot of hard decisions to ensure there will be no tax increase in Belmar’s municipal budget this year and reduced operating expenses by over $190,000.  We continue to ask our borough employees to do more with less and they rise to the occasion.”

 

Joy DeSanctis April 29, 2014 at 09:57 PM
http://haleybehre.files.wordpress.com/2012/01/6-13-13-cdl.pdf The above article documents how Mayor Doherty "did not raise taxes" for Belmar in 2013". He "borrowed" 4.5 million to balance the budget, which needs to be paid back. Really it does! It is not a gift there is no guarantee it will be forgiven. We are not the chosen shore town in New Jersey. The 4.5 million is not accounted for in the current budget. So I guess we have reduced operating expenses by $4,690,000 million, or is it $4,310.000 million. Not sure to add or subtract that $190,000 with all the number juggling going on. Gotta go, worried about how to pay my real estate taxes when the all the bonding debt kicks in, about three years from now. http://www.belmar.com/useruploads/files/2013_annual_debt_statement.pdf
G Brewster April 30, 2014 at 09:42 AM
Wait a minute. You've have no municipal tax increase for going on the 4th yr & you're complaining? Others should be so lucky. So what if some of the money is to be paid back although doubtful. The break comes at the time when people need it most, even if it is a somewhat artificial bandage. Whether you are the "chosen shore town" or not, how can you complain about ZERO increase? Move south a few Borough's where we're getting it stuck up our ***** every time we turn around and then you have reason to complain. Worried "about three years from now" when you should be living for today.
First Rate May 01, 2014 at 07:01 AM
We may not be having it stuck to us now, but it's not like we don't have to pay it back. Borrowing is a delayed tax with penalty (interest)!
JOHN DILLMAR April 30, 2014 at 11:21 AM
That is correct. The heck with the borrowed money. If Detroit can do it so can we. When the time comes to pay it back we can sell the library, the town buildings, streets, etc
First Rate May 01, 2014 at 05:31 AM
Borrow and spend Belmar! Smoke and mirrors. What happened to our once robust contingency fund?!! Gone. Budget is a sham.

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