Moorestown Deputy Mayor Discusses Shop Local Program With Rotary Club

Moorestown, NJ -- Moorestown Deputy Mayor Victoria Napolitano visited the Moorestown Breakfast Rotary on May 25 to discuss the township’s possible participation in the Shop Local program, as well as other ongoing projects, including work of the Second Street municipal parking lot, set for completion in the fall.

The Shop Local program, discussed by town council during its May 23 meeting, would allow businesses to promote themselves by allotting a percentage of a resident's purchase price to a property tax rebate program.

Residents who take advantage of the program would receive that money back as a rebate on their third quarter tax bill.

The goal is to bring tax relief to Moorestown residents while increasing foot traffic to local stores, Napolitano told Rotary members.

Participating businesses conduct transactions in one of two ways:

Method #1 – via Web Portal www.mywebterminal.com –(No need to purchase any equipment if input of card Id is done manually. If a merchant opts to use a magnetic card reader, the cost of the swiper is $50).

Method #2- Dedicated terminal – similar to a credit card machine. One time cost: $160-dial up terminal. $230 if IP terminal is needed.

Residents can visit propertytaxcard.com to register their card, review the list of participating businesses and their offers and track their tax credits.

FinCredit offers customer service to residents and participating businesses. Phone registration is also available.

The cost of the cards for residents is covered by a bank or local business, according to a document provided to the Rotary Club and then shared with Moorestown Patch.

The card is free for homeowners, but a $1 yearly service fee will be deducted from the rewards. No fee will be charged on earned credits under $3.

There is a $7 check processing fee deducted from rewards for renters and others who earn cash rebates.

There is a $10 monthly fee for participating businesses.

The program was launched in Marlboro in 2012, and 17 towns currently participate.

The attached image of Deputy Mayor Victoria Napolitano and Rotary President Scott Aschoff was provided by the Moorestown Breakfast Rotary