March 30, 2022
By Eric Englund
At final week’s agenda meeting, the Seaside Haven Borough Council introduced its 2022 municipal funds of $13,615,224, about $341,000 higher than last 12 months.
Borough Manager Sherry Mason stated the new budget will consequence in no municipal tax increase per $100 assessed price. As a result, the operator of a property assessed at the borough ordinary of $825,000 will have a tax monthly bill of $3,162. This does not consist of university and county taxes.
She reported the significant will increase were $315,245 for wage and wages. There was also a $72,000 raise in the point out-mandated line merchandise for library bills.
In a report to the borough, Main Economical Officer Sharon Boehler stated community fiscal restoration resources of $126,125 will be used as anticipated income. She claimed the borough will be saving $285,000 that would have long gone for payment of a Neighborhood Catastrophe Loan that has been forgiven. These loans ended up developed to assistance communities recuperate from Superstorm Sandy.
Boehler claimed the water/utility funds remained the exact, at $1,857,500.
A public listening to on the spending budget is scheduled for the next agenda assembly, on Thursday, April 28 at 4 p.m. —E.E.