Search
Close this search box.

Monday, May 27, 2024

Search

Cape May Introduces Budget with Zero Tax Increase

By Vince Conti

CAPE MAY – Cape May City Council March 16 introduced its 2021 municipal budget (https://bit.ly/3c0ivAt). The $20.8 million current fund budget calls for no increase in the local purpose tax rate, which remains at $0.3636.  

The budget is under state-imposed appropriation and level caps. The budget will come up for a public hearing April 20. 

The submitted budget showed the city managed a small increase in its current fund surplus coming out of 2020. The surplus benefited from $454,672 in net savings in 2020, leaving the city with a healthily $7.8 million surplus balance. 

The city’s three self-financing utilities proposed budgets for 2021 are: water and sewer – $7.2 million; beach – $2.8 million; and tourism – $1.1 million. 

Spout Off

North Cape May – Re: The North Cape May comment to vacation renters letting their dogs do their business on your property. You've got guts for your comment. Yes, I own a vacation rental property that is pet…

Read More

Wildwood – Another trash strewn, violent Memorial Day Weekend all over the Wildwoods Island. Hello Mayors and Police Chiefs you folks need to get more county and state law enforcement involved here before…

Read More

Wildwood – So Memorial Day Weekend has been ruined for families and respectful adults of all ages by the disrespectful violent teenagers and young adults that have ruined the boardwalk for everyone after 7 pm…

Read More

Most Read

Print Edition

Recommended Articles

Skip to content