CAPE MAY – On Feb. 6, City Manager Neil Young presented a proposed budget to Cape May City Council that included an increase in the local purpose tax levy from $0.340 per $100 of assessed value to $0.3448.
Following the presentation of that budget, the city settled a three-year-old lawsuit with Capt. Robert Sheehan. The city’s portion of that $800,000 settlement is $460,000, which had not been allocated in the proposed 2018 budget.
To accommodate the settlement costs, the city budget, as introduced March 6, increased the tax level by a full cent to $0.350, while also using an additional $170,000 of surplus.
The public hearing on the budget will be April 3.
Cape May – Governor Murphy says he doesn't know anything about the drones and doesn't know what they are doing but he does know that they are not dangerous. Does anyone feel better now?
