Presentation On $79.9 Million Draft Budget In Ocean City Thursday

OCEAN CITY, NJ — Ocean City Chief Financial Officer Frank Donato will give a detailed presentation on the $79.9 million draft budget at Thursday night’s council meeting. Ocean City Council will meet on Thursday night, March 8, 7 p.m. at City Hall, 861 Asbury Avenue.

Ocean City Mayor Jay Gillian presented the $79,981,465.08 draft budget to council while giving his State of the City Address on Feb. 22. It carries a tax rate increase of just under a penny. The owner of a $500,000 home in Ocean City could expect to pay an extra $50 in municipal taxes in the upcoming year if the proposed draft budget passes without any changes. That would come out to an increase of about $12.50 per quarter. The draft budget itself is $1,194,254.70 — or 1.5 percent — more than last year's municipal budget.

Ocean City Council will also consider a proposed ordinance on introduction that would alter some of the fees associated with the use of electric golf carts. The cost of a 10-play card purchased before April 30 would increase from $75 to $85; and the cost of a 10-play card purchased after that date increases from $95 to $100.

The cost for an electric cart rental would change from $20 per round to $10 per player, per round. The full costs associated with the rentals, including the amendments, can be found in the agenda packet.

There are 24 items on the consent agenda. To view the full agenda, visit ocnj.us.

Patch file photo