Municipal Budget Adopted with $152 annual tax increase
Transportation Utility funds used to offset transitional aid decrease
By Michelle Gladden
Asbury Park City Council adopted the 2016 municipal budget Wednesday. The city will transfer $275,000 from its municipal Transportation Utility’s 2014 fund balance to offset the decrease in Transitional Aid from the state, City Manager Michael Capabianco said. “We will be using money that was left over and not allocated for anything,” he said. While […]
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Sep 16, 2016
