VIDEO: The New Atlantic City Budget Will Have No Tax Increase
ATLANTIC CITY - A new budget is in store for Atlantic City and it will not increase taxes on residents or businesses. Don Guardian, Atlantic City Mayor announced that the New Jersey local finance board approved the city's 2015 budget, which is balanced without proposing an increase in municipal taxes. At the beginning of the year, the city was facing a 101 million dollar deficit. The only downside of the budget is that there is a 2 percent increase on the city's tax bill due to county and school district increases.
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