Mantoloking storm damage ups tax rate, lower bills - KMSP-TV

Superstorm Sandy

Mantoloking storm damage ups tax rate, lower bills

Posted: Updated:

By WAYNE PARRY | AP

MANTOLOKING, N.J. (AP) — Fears of a massive tax hike brought on by Superstorm Sandy might not come to pass in the Jersey shore town hardest hit by the storm.

Mantoloking introduced a budget Monday that calls for a 14.6 percent increase in the municipal tax rate. But since the storm lowered property values in the devastated town and there's been an influx of storm recovery aid, most tax bills will actually be lower this year.

The budget calls for $5.6 million in spending, up from just over $4 million last year.

But the average tax bill will actually be 23 percent less than last year, because property values have fallen by about a third due to storm damage.

Every one of Mantoloking's 521 homes were either damaged or destroyed by Sandy.

  • New Jersey NewsNew Jersey NewsMore>>

  • Fence aims to curb near-record GWB suicides

    Fence aims to curb near-record GWB suicides

    Wednesday, July 30 2014 11:54 AM EDT2014-07-30 15:54:11 GMT
    George Washington Bridge (file photo)George Washington Bridge (file photo)
    Officials plan to build a fence to curb suicides on the George Washington Bridge. The Port Authority of New York and New Jersey says there have been 13 suicides and 40 rescues on the span so far this year. There were 16 deaths for all of 2013. Plans call for erecting a 9-foot fence to replace the current railing to make jumping from the bridge difficult.
    Officials plan to build a fence to curb suicides on the George Washington Bridge. The Port Authority of New York and New Jersey says there have been 13 suicides and 40 rescues on the span so far this year. There were 16 deaths for all of 2013. Plans call for erecting a 9-foot fence to replace the current railing to make jumping from the bridge difficult.
  • Mosquito-borne virus sickens 20 in NJ

    West Nile found in New Jersey mosquitoes

    Wednesday, July 30 2014 11:16 AM EDT2014-07-30 15:16:32 GMT
    Twenty New Jersey residents have tested positive for a mosquito-borne virus that has spread through the Caribbean. The state Health Department says the residents who came down with chikungunya had returned to New Jersey from the Caribbean. Chikungunya causes a high fever and severe pain in the joints. It is rarely fatal.
    Twenty New Jersey residents have tested positive for a mosquito-borne virus that has spread through the Caribbean. The state Health Department says the residents who came down with chikungunya had returned to New Jersey from the Caribbean. Chikungunya causes a high fever and severe pain in the joints. It is rarely fatal.
  • Firefighters rescue crane operator

    Firefighters rescue crane operator

    Wednesday, July 30 2014 6:12 AM EDT2014-07-30 10:12:48 GMT
    Firefighters in northern New Jersey rescued an Iowa man when his bucket crane buckled. Josh Lovell of Melcher, Iowa, was working on lights when the crane broke Tuesday.
    Firefighters in northern New Jersey rescued an Iowa man when his bucket crane buckled. Josh Lovell of Melcher, Iowa, was working on lights when the crane broke Tuesday.

Powered by WorldNow

KMSP-TV
11358 Viking Drive
Eden Prairie, MN 55344

Phone: (952) 944-9999
Fax: (952) 942-0455

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices