WILDWOOD ─ City Commissioners passed a five-year tax exemption program Aug. 28.
According to Commissioner Peter Byron, the program is “positive” and a step in the right direction to encourage residential development.
The program was first introduced in 2014.
According to Tax Assessor Jason Hesley, “newly constructed, single-family or condominium units and improvements to existing dwellings newer than 20 years, are eligible for an exemption on taxes in the amount of 30% of the added value of improvements.”
The program is not based on income or age, said Byron.
Lower Township – Same old, same old local talent that complains about the 2nd homeowners and the vacation rental property owners are now moaning about the Christmas decorations along Beach Drive and Douglass Park…
