MARCH 21, 2016
City Council introduced a 2016 municipal budget Wednesday that cuts the tax rate by 1.54 percent, to just under 70 cents per $100 of assessed property value.
“Any time there is a decrease, that is significant,” Mayor Philip Guenther said.
The rate cut follows a break-even budget in 2015 when the tax rate came in at about 71 cents. That came after several years when taxpayers saw their taxes rise – as high as 5.95 percent in 2012.
MARCH 18, 2015
Brigantine introduced a municipal budget Wednesday that keeps the tax rate stable and decreases spending by $1.7 million over last year.
Decreases in tax appeals, as well as a smaller golf course deficit and a reduction in salaries and wages are a few of the reductions in the proposed $29.8 million budget.
While several other Atlantic County communities are feeling the effects of casino closures in Atlantic City, ratables in Brigantine have stabilized, as a city-wide revaluation was completed last year. For the first time since 2010, ratables in the city increased by about $2.1 million.