47 percent tax increase possible in Atlantic City - FOX 26 News | MyFoxHouston

47 percent tax increase possible in Atlantic City

Posted: Updated:

ATLANTIC CITY, N.J. (AP) - Atlantic City's new mayor says property owners there may be facing a 47 percent tax rate increase.

Mayor Don Guardian issued the warning Wednesday when he introduced the city's proposed $262 million budget. He said the city will seek $20 million in transitional aid from the state to help reduce the tax hike, but he warned there was no guarantee that the city would receive any of that funding.

The Press of Atlantic City reports the spending plan is about $5.5 million more than last year's budget. But Guardian also noted that the city ended last year $10 million in the hole.

As introduced, the budget would raise the local-purpose tax rate by 65 cents, with 61 cents of that directly related to the city's decreased property values.

Information from: The Press of Atlantic City (N.J.), http://www.pressofatlanticcity.com

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • New Jersey NewsNew Jersey NewsMore>>

  • Missing NJ man found dead in Israeli forest

    Missing NJ man found dead in Israeli forest

    Thursday, August 28 2014 4:33 PM EDT2014-08-28 20:33:49 GMT
    The body of a missing New Jersey religious student who disappeared during a hike in a forest outside Jerusalem last week has been found. Aaron Sofer, 23, of Lakewood, N.J., had been missing since Friday, when he went on a hike with a friend in the Jerusalem Forest and the two became separated, said police spokesman Micky Rosenfeld.
    The body of a missing New Jersey religious student who disappeared during a hike in a forest outside Jerusalem last week has been found. Aaron Sofer, 23, of Lakewood, N.J., had been missing since Friday, when he went on a hike with a friend in the Jerusalem Forest and the two became separated, said police spokesman Micky Rosenfeld.
  • Bergen County sheriff delays deployment of military vehicles

    Bergen County sheriff delays deployment of military vehicles

    Thursday, August 28 2014 3:22 PM EDT2014-08-28 19:22:51 GMT
    A northern New Jersey sheriff has delayed deployment of armored vehicles that are being acquired through a federal military surplus program. In a statement, Bergen County Sheriff Michael Saudino announced Thursday he is taking the action after the U.S. attorney general and state attorney general decided to review the program in the wake of police response to civil unrest that followed a police shooting in Ferguson, Missouri.
    A northern New Jersey sheriff has delayed deployment of armored vehicles that are being acquired through a federal military surplus program. In a statement, Bergen County Sheriff Michael Saudino announced Thursday he is taking the action after the U.S. attorney general and state attorney general decided to review the program in the wake of police response to civil unrest that followed a police shooting in Ferguson, Missouri.
  • Dangerous rip currents at NJ, NY beaches

    Dangerous rip currents at NJ, NY beaches

    Thursday, August 28 2014 1:42 PM EDT2014-08-28 17:42:49 GMT
    The rip current risk remains high along the New Jersey and New York coastlines. Some beaches were open to the public but closed to swimmers. The National Weather Service issued a High Surf Advisory and Rip Current Statement for the area beaches because of the effects of Hurricane Cristobal, which is expected to track south and east of the Jersey shore through Thursday.
    The rip current risk remains high along the New Jersey and New York coastlines. Some beaches were open to the public but closed to swimmers. The National Weather Service issued a High Surf Advisory and Rip Current Statement for the area beaches because of the effects of Hurricane Cristobal, which is expected to track south and east of the Jersey shore through Thursday.
  • LocalMore>>

  • Inmate and girlfriend charged for contraband

    Inmate and girlfriend charged for contraband

    Thursday, August 28 2014 8:48 PM EDT2014-08-29 00:48:02 GMT
    Sheriff's Office charge an inmate and his girlfriend with bringing contraband into a correctional facility: They started a month long investigation when it was discovered that inmate Jason Michael Smith was receiving drugs in the US mail service sent to him in the county jail.During this investigation it was determined an unknown substance was located in Inmate Smith's mail coming from his girlfriend Amanda Clark. The suspected drug was tested and confirmed to be a controlled substance.Deputi...
    Sheriff's Office charge an inmate and his girlfriend with bringing contraband into a correctional facility: They started a month long investigation when it was discovered that inmate Jason Michael Smith was receiving drugs in the US mail service sent to him in the county jail.During this investigation it was determined an unknown substance was located in Inmate Smith's mail coming from his girlfriend Amanda Clark. The suspected drug was tested and confirmed to be a controlled substance.Deputi...
  • Jack Yates students refuse to play in band with old uniforms

    Jack Yates students refuse to play in band with old uniforms

    Thursday, August 28 2014 7:20 PM EDT2014-08-28 23:20:39 GMT
    Gary Monroe's son is in the band at Jack Yates high school He says, "the kids haven't had new uniforms...purchased since the year that hurricane Katrina came through."So he means the Katrina that left New Orleans underwater? That means the members of the band at Jack Yates High School have had the same aging uniforms since 2005. There's no wonder they look tore up from the floor up.The parents say the uniforms have been so overused they can't even wash out the mold and the smell is horrible.P...
    Gary Monroe's son is in the band at Jack Yates high school He says, "the kids haven't had new uniforms...purchased since the year that hurricane Katrina came through."So he means the Katrina that left New Orleans underwater? That means the members of the band at Jack Yates High School have had the same aging uniforms since 2005. There's no wonder they look tore up from the floor up.The parents say the uniforms have been so overused they can't even wash out the mold and the smell is horrible.P...
  • Baby girl drenched in Ice Bucket Challenge

    Baby girl drenched in Ice Bucket Challenge

    Thursday, August 28 2014 7:12 PM EDT2014-08-28 23:12:06 GMT
    It's an image gone viral, a baby girl drenched in water as part of her grandfather's "ice bucket challenge." Commented on by social media users nationwide, a Houston area man is now claiming he is the child's father, and he is not happy about what he saw in that video.Late Thursday afternoon, Fox 26 also learned local law enforcement officers are now investigating after Claude Dalcour filed a complaint."I was shocked, appalled," Dalcour said in an interview with Fox 26. When asked if he immed...
    It's an image gone viral, a baby girl drenched in water as part of her grandfather's "ice bucket challenge." Commented on by social media users nationwide, a Houston area man is now claiming he is the child's father, and he is not happy about what he saw in that video.Late Thursday afternoon, Fox 26 also learned local law enforcement officers are now investigating after Claude Dalcour filed a complaint."I was shocked, appalled," Dalcour said in an interview with Fox 26. When asked if he immed...
Powered by WorldNow

KRIV FOX 26
4261 Southwest Freeway
Houston, TX 77027

Phone: (713) 479-2801
Fax: (713) 479-2859

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices