At its meeting last Friday, May 3, the Harvey Cedars Borough Commission adopteda municipal budgetof $4,639,711, approximately $53,000 higher than last year’s spending plan.
Rebecca Wessler, chief financial officer, said the municipal tax rate (not including schools and county taxes)rose slightly from 25.6 cents to 25.7 cents per $100 assessed value. She said the owner of a home assessed at the borough average of $1.04 million would see an annual tax bill increase of $48.
She said the spending increase was mostly for health insurance premiums andpension contributions.
“Other than that, we pretty much held the line in spending,” she said.
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