Mantoloking storm damage ups tax rate, lower bills - FOX 13 News

Superstorm Sandy

Mantoloking storm damage ups tax rate, lower bills

Posted: Updated:

By WAYNE PARRY | AP

MANTOLOKING, N.J. (AP) — Fears of a massive tax hike brought on by Superstorm Sandy might not come to pass in the Jersey shore town hardest hit by the storm.

Mantoloking introduced a budget Monday that calls for a 14.6 percent increase in the municipal tax rate. But since the storm lowered property values in the devastated town and there's been an influx of storm recovery aid, most tax bills will actually be lower this year.

The budget calls for $5.6 million in spending, up from just over $4 million last year.

But the average tax bill will actually be 23 percent less than last year, because property values have fallen by about a third due to storm damage.

Every one of Mantoloking's 521 homes were either damaged or destroyed by Sandy.

  • New Jersey NewsNew Jersey NewsMore>>

  • Giant whale pulled out of Jersey City harbor

    Giant whale pulled out of Jersey City harbor

    Wednesday, April 16 2014 2:04 PM EDT2014-04-16 18:04:35 GMT
    A whale that was found dead earlier this week in New York harbor has been transported to the Caven Point Marine Terminal in Jersey City.
    A whale that was found dead earlier this week in New York harbor has been transported to the Caven Point Marine Terminal in Jersey City.   The United States Army Corps of Engineers successfully extracted the 60 ton giant from the water around on Wednesday. 
  • Quiz Asks: 'How Bergen County are you?'

    Quiz Asks: 'How Bergen County are you?'

    Wednesday, April 16 2014 1:28 PM EDT2014-04-16 17:28:14 GMT
    How Bergen County are you? There’s a quiz for that. But, you might not like the results. A new quiz posted on BuzzFeedtests takers’ Bergen County-ness, using malls, spray tanning, and wealth as some of the metrics. The quiz asks BuzzFeed readers to identify which things they’ve done before to see just how Bergen County they are.
    How Bergen County are you? There’s a quiz for that. But, you might not like the results. A new quiz posted on BuzzFeedtests takers’ Bergen County-ness, using malls, spray tanning, and wealth as some of the metrics. The quiz asks BuzzFeed readers to identify which things they’ve done before to see just how Bergen County they are.
  • Bill could prevent Belmar from charging for beaches

    Bill could prevent Belmar from charging for beaches

    Wednesday, April 16 2014 1:25 PM EDT2014-04-16 17:25:46 GMT
    Under a plan being considered in Trenton, Belmar would be prevented from charging people $7 for beach badges because it accepted money from the federal government to replenish Belmar Beach and rebuild the boardwalk. The plan is raising concern because the badge fees help to pay for cleaning, lifeguards and police at the beach, according to News12.
    Under a plan being considered in Trenton, Belmar would be prevented from charging people $7 for beach badges because it accepted money from the federal government to replenish Belmar Beach and rebuild the boardwalk. The plan is raising concern because the badge fees help to pay for cleaning, lifeguards and police at the beach, according to News12.
Powered by WorldNow

FOX 13 / WTVT-TV
3213 West Kennedy Blvd.
Tampa, Florida 33609
Main: (813) 876-1313
Newsroom: (813) 870-9630
Fax: (813) 871-3135

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