Swan Boats Return to Wesley Lake
Asbury Park Considers Exceeding 2% Cap
Tentative Budget Prior to State Aid Requires 101% Tax Rise
(Last year was 110% potential, but got State Aid)
Reidy Vows Transitional Aid Will Lower Need to Hike Taxes
But Cap Rise Above State Mandated 2% Still On Table w/ Possible Referendum same
date as Board of Ed Vote
See Reporters' Notebook (warts and all as usual) at http://www.AsburyRadio.com
Some Q's:
What happens if City can't raise property taxes beyond 2%?
Are waterfront developers paying full tax on undeveloped or unfinished parcels?
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