The Asbury Park City Council will vote Wednesday on the 2017 municipal budget, which would raise raise the average assessed homeowner’s taxes by $91, down 40 percent from last year. The $44.5 million budget is $2.26 million over last year’s $42.27 million spending plan, a 5.34 percent increase. And while the proposed budget called for […]

The city council at its meeting last week approved amendments to the municipal budget prompted by changes in state aid numbers. After the amendments, the budget bears a 3.6-percent tax levy increase, city manager Terence Reidy [above] said, which translates to an increase of 11.5 cents per $100 of assessed property valuation. The average household […]

Required to introduce the budget in February without final state aid figures, the city council held a hearing Wednesday night on the spending plan, which currently bears a 17-percent tax increase. The state aid amounts should be available within the next week, city manager Terence Reidy [above] said at the hearing. With those aid figures, the budget […]