County Budget Increases

The proposed 2015 Atlantic County budget is up 2.7 percent from last year, as the value
of the county’s taxable properties has continued to plummet.

SOME OF WHAT’S GOING UP IN 2015 BUDGET:
$2.1 million more in salaries
$467,572 more in health insurance costs
$479,999 more for institutionalizing mental patients
$284,645 more for extra staff for needy families
Entire article at
http://www.pressofatlanticcity.com/news/breaking/atlantic-county-budget-rising-despite-loss-of-ratables/article_8128b67c-a74a-11e4-b90b-17a4f21aca22.html

Related post
http://gadfly01.blogspot.com/2015/01/county-budget-5-million-higher-than.html

  County budget over time

ATLANTIC COUNTY NET VALUATION AND ANNUAL BUDGETS*
            Net          County       Raised by  Tax
Year     Value       Budget       Taxation   Rate**
2008     $58.2B    $176.6M     $129.4M   22.60
2009     $56.1B    $182.6M     $138.8M   24.90
2010     $55.5B     $188.7M    $146.2M   27.04
2011     $49.4B      $190.7M   $149.7M   30.83
2012     $48.7B      $194.0M    $152.7M   31.76
2013     $42.5B      $193.8M    $155.5M   40.93
2014     $39.0B      $196.1M    $156.5M   40.14
2015*** Unknown $201.2M     $160.7M   40.33
*provided by Mayor Steve DiDonato from Atlantic County website; County Administrator Jerry Delrosso said these are final numbers, rates struck were slightly lower but tax appeal refunds and other costs drove rates up after budget passed.
**cents per $100 valuation
***from Atlantic County’s introduced budget