Cape May County freeholders introduced the new 2017 budget last night. The new spending plan totals $146.3 million, which is down by nearly $5 million from the 2016 spending plan. The county tax rate is expected to be 21.8 cents per $100 of assessed valuation. The county will apply about half of its surplus to finance this spending plan. The Board announced that $20 million in state and federal funding is being spent to repair and maintain 210 miles of roads and 27 bridges.