NEW BUDGET PRESENTED IN ATLANTIC COUNTY, SMALL TAX HIKE

Taxes are proposed to be going up in Atlantic County. County Executive Dennis Levinson presented his budget to the Freeholder this week. The proposed tax increase is one and a half cents. Revenue there is down $625,555. The 2012 County Budget is $194,091,546.75, an increase of 1.76% from last year, according to Levinson.  The amount to be raised by taxation is $152,745,743.75. The county used 50 percent of surplus, or about $15,500 for the budget.