SOMERS POINT — City Council has introduced a $14.3 million draft budget, an increase from last year’s $13.6 million spending plan.

A citywide property revaluation will determine how much property owners will pay in local-purpose taxes, but the amount paid by the owner of a home with the city’s average assessment will be up nearly 6 percent.

Owners of homes assessed at the city average — $216,700 this year — would pay $1,847 on their 2014 local-purpose tax bill, $100 more than what they paid last year, when the average home was assessed at $125,732.

The municipal tax rate is expected to fall 54 cents per $100 of assessed property value, from $1.39 to $0.85. The total does not include other taxes, such as schools and county.

Last year, $9,491,456 was raised by taxes. This year, the city expects to raise $10,138,970, almost 7 percent more.

City Tax Assessor Wes Swain said the budget does not reflect any changes to the city’s services. The most noteworthy change is the $1,025,000 surplus being applied to this year’s budget. Last year, the city used $950,000.

He also noted the city has several grant applications in limbo, including post-Sandy planning grants and a grant to construct a master plan, which if approved could take some weight off of the budget.

A public hearing on the proposed budget is set for April 24.

Contact Elisa Lala:


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More than 30 years’ experience reporting and editing for newspapers and magazines in Illinois, Colorado, Texas and New Jersey and 1985 winner of the Texas Daily Newspaper Association’s John Murphy Award for copy editing.

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