Local Tax Up a Penny in Ship Bottom

By GINA G. SCALA | May 08, 2019
Photo by: Ryan Morrill

Ship Bottom — Under a $7,652,850 budget introduced by the Ship Bottom Borough Council last month, the local purpose tax rate is expected to increase by 1 cent on each $100 of assessed value. An average homeowner will see an increase of $64.58 on an average home assessed at $638,874.

The total amount of the budget to be raised by taxation is $4,740,584.46.

Here are some of the revenue sources that enabled keeping the local purpose tax rate at the 1-cent increase for the year: surplus, $1,522,800; beach badge fees, $575,000; receipts from delinquent taxes, $164,331.26; fines and costs, $85,000; construction code fees, $80,000; rents, $59,000; interests and cost on taxes, $35,000; boat ramp fees, $35,000; licenses, $32,000; grants, $44,200.28; fees and permits, $17,000.

Taxpayers monies will be used on, but not limited to, the following: 19 percent, or $1,431,381, for police; 9 percent, or $719,718, for insurance;10 percent, or $770,500, for general government; 13 percent, or $958,000, for parks and recreation, which includes the beaches; 9 percent, or $677,500, for public works; and 5 percent, or $382,323, toward debt service.  —G.G.S.

 

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