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Wildwood Crest adopts $17.44 million 2025 budget with minimal average tax increase
Summary
The Wildwood Crest governing body adopted a $17,441,245.72 municipal budget for 2025, keeping spending and tax levy well below state caps; the auditor said the change equals roughly $43 a year on an average $450,000 assessed property and is driven mainly by salary, insurance and pension increases.
The Wildwood Crest Borough Commission adopted its 2025 municipal budget on a unanimous roll call after a public hearing on the plan.
Municipal auditor Mike Garcia told commissioners the budget remains below both state caps: about $532,000 under the 3.5% spending cap and roughly $1.3 million under the 2% tax levy cap. Garcia said the borough is increasing…
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