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Wildwood Crest introduces cap-bank ordinance and local budget; commissioners tout limited tax increase
Summary
The commission passed first reading of an ordinance to establish a cap bank for 2025 and adopted a resolution introducing the local budget; officials said the proposed 2025 budget would keep the municipal tax increase to roughly $63 annually for a $650,000 home, with a public hearing and final adoption dates scheduled in March.
The Wildwood Crest Borough Commission passed ordinance 4448 on first reading to establish a 2025 cap bank and adopted a resolution introducing the borough's fiscal year 2025 budget.
Commissioners moved and seconded the ordinance during the meeting; the clerk advertised the second and final public hearing for March 12, 2025, at 9:30 a.m., with final budget adoption scheduled for March 26, 2025. The roll call on first reading and the budget introduction recorded unanimous "yes" votes from the commissioners.
Commissioners described the budget as fiscally conservative and said it maintains services while keeping the municipal tax increase modest. One commissioner reported that a homeowner with a $650,000 property would see about a $63 annual increase (roughly $16 per quarter) under the introduced budget. The commission said the public safety budget includes costs for the volunteer fire department, EMS, beach patrol, dispatch services and the police department, which account for a significant portion of the public safety line.
The meeting packet also included an adopted resolution committing to compliance with U.S. Equal Employment Opportunity Commission guidance on considering arrest and conviction records under Title VII of the Civil Rights Act of 1964, a procedural step often required when municipal hiring practices are reviewed.
Next steps: The public hearing on the ordinance and budget will occur March 12, with adoption scheduled for March 26; borough officials invited public comment and said the finance officer and borough clerk would be available at the March hearings to answer questions.
