Jersey Shore budget comes with slight tax hike
JERSEY SHORE – Borough council this week unanimously approved a $1.5 million final budget for 2014 that raises the tax millage on real estate by 0.25.
The $1.5 million spending plan is about $450,000 smaller than this year’s budget.
Much of the budget shrinkage resulted from sewer operations transferring from the borough to the Tiadaghton Valley Municipal Authority.
Borough Manager Joseph Hamm said there were no changes from the preliminary budget passed last month.
The borough will budget $578,870 for police services, about the same as this year.
Pension expenses will amount to $113,245.
Costs for health insurance are expected to increase by 4.2 percent.
Homeowners with a property having an assessed value of $100,000 will absorb a tax increase of $25 annually. Those taxes are expected to bring to the borough $831,481 in revenues.
Voting in favor of the budget were Sean Simcox, Wade Snyder, Janet Barnhart, Marguerite Dyroff, Deborah Colocino, John Pisarcik, Mary Greene and Kenneth Scheesely.