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Woodbine Receives $5,694 Dividend from Joint Insurance Fund

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By Press Release

WOODBINE – The Atlantic County Municipal Joint Insurance Fund (JIF) has notified the Borough of Woodbine that it will receive a $5,694 dividend.
This dividend will be applied as a credit against the Borough’s 2018 JIF assessment. This will decrease our premium by 9%. This is the result of the Borough’s risk management/safety program performance.
“This will continue to reduce the burden on the local taxpayers once again through our good management/safety practices,” noted Mayor Pikolycky.
“Once again through the Borough’s good management/safety practices the Borough is able to pass this cost savings along by maintaining a consistent stable tax rate and thus benefitting the local taxpayer.”

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