Beach Haven Looks to Spend $12.6 Million in 2019

Apr 17, 2019

The Beach Haven Borough Council last week introduced a $12.6 million municipal budget, an increase of approximately $550,000 from last year’s spending plan. Shari Boehler, borough chief financial officer, said the municipal tax rate of 37.3 cents per $100 assessed value remains the same. The owner of a home at the borough average of $830,940 will have a tax bill of $3,099. This does not include school and county taxes. 

Boehler said two major increases were $200,000 in debt service and a $275,000 disaster relief loan from the state.

“We were looking to pay off more debt this year to get us caught up,” she said.

Boehler said the loan amount was $1.3 million and was used for Superstorm Sandy relief. She said this is the first of five annual payments that will be figured in the budget.

“There was a possibility that the state would forgive the loan, but that did not happen,” she said.

A public hearing on the budget is scheduled for the next meeting, on Monday, May 13, at 7 p.m. E.E. 

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