(Atlantic) The Atlantic City Council, during their regular meeting Wednesday evening, approved the FY 2026 maximum property tax levy, which amounts to 60-cents per thousand dollars of property valuation, or 5.8-percent. City Administrator John Lund says there are three levies included in the tax asking: The General Levy, which will increase 16-cents/$1,000; The Liability & Property Insurance Levy, will see a three-cent/1,000 increase; the Debt Levy increase amounts to 41-cents/$1,000.

The total proposed property tax levy is $17.85 per $1,000 taxable valuation. A Public hearing on proposed maximum property tax levy for Fiscal Year 2026 will be held on March 26th, at 5:00 p.m.
The Council also set the date for a public hearing on a proposal to enter into a General Obligation Solid Waste Management Loan Agreement and to Borrow Money Thereunder in a Principal Amount not to exceed $90,000. That hearing will take place March 5th, at 5:30-p.m.

Atlantic City Hall building

John Lund explained in his Council meeting packet, that the City is part of a 28E organization managing the Cass County Landfill and must provide financial support if needed. The Landfill has implemented a $12.00 per-capita fee, totaling $85,344 for the City, payable in four equal installments over the fiscal year. The public hearing will be held on March 5th at 5:30 p.m.

And, the Atlantic City Council, Wednesday, set March 5th at 5:30-p.m., as the date and time for a public hearing on proposal to enter into General Obligation Loan Agreement and to Borrow Money Thereunder in a principal amount not to exceed $4,300,000 for the purpose of paying the costs, to that extent, of constructing street, water system, sanitary sewer system, sidewalk and storm water drainage improvements; acquiring and installing street lighting, signage and signalization improvements; acquiring and equipping police vehicles; and acquiring and equipping ambulances.