Atlantic City Council approves proposed $10.1-million budget; Public hearing March 7th

News

February 23rd, 2012 by Ric Hanson

The Atlantic City Council Wednesday evening approved a proposed $10.1-million dollar Fiscal Year 2013 budget. Mayor Dave Jones says the Council has spent many hours over the past couple of days preparing the budget, which will be open for a public hearing, on March 7th, 2012.  City Administrator Doug Harris said there were some last minute changes to the budget Wednesday, because the Atlantic School District has agreed to pay part of the cost to refurbish the tennis courts at Sunnyside Park, which are in bad shape and need to be resurfaced, especially before district tennis action can be held. Atlantic Parks and Rec Director Roger Herring had said earlier, grants would be available to pay for a portion of the City’s cost to repair the tennis courts.

The School has agreed to pay $88,000 as its share of the cost to repair the tennis courts, which amounts to $44,000 per year for Fiscal Years 2013 and 2014. That means the City will have  to pay upfront, the first-half of the $44,000 it will receive from the District, in order to pay for the repairs in the upcoming Fiscal Year. Because of that, Harris says he’s worked with Roger Herring to modify some of his planned project start dates, and will be dipping into his fund balance for any potential losses due to storms. Those projects and/or funds will be reimbursed, but not until Fiscal Year 2014.

The proposed Fiscal Year 2013 Budget adopted by the Council Wednesday also includes $13,055 for change orders on the City’s new waste water treatment plant. The budget night can be lowered following the public hearing, but it cannot be increased. The $10.1-million dollar budget includes $725,000 for the new waste water treatment plant and $190,000 for the storm water improvement system. The adopted budget will result in a slight increase in property taxes, to cover increases in the City’s employee benefits fund & Workman’s Compensation Insurance,  as well as an increase in the Debt Service tax levy.  Residents with an assessed property valuation of $100,000, for example, would see an approximate $31 increase in their taxes, factoring-in the rollback.