The average Point Pleasant Beach homeowner would pay $53 more under the borough's proposed budget, according to The Ocean Star.
According to the publication:
The proposed municipal budget for 2014 totals $14,185,247, compared to last year’s budget amount of $13,906,043. Of the total proposed budget, $7,605,259 would be raised through local taxation. This year’s amount to be raised through local taxation is a proposed increase of $386,147.
The proposed tax rate for 2014 is 39.4 cents per $100 of assessed valuation; the municipal tax rate in 2013 was 38.5 cents per $100 of assessed value.
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