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Early OC Budget Proposal Maintains Same Tax Rate; Constant Rate Brings In Additional $478K Due To Rising Valuation

Posted by The Dispatch | Monday, March 27, 2023

OCEAN CITY – Salary increases, additional public safety positions, and a tax rate above constant yield highlighted last week’s introduction of the fiscal year 2024 budget.Last Thursday, City Manager Terry McGean and Budget Manager Jennie Knapp presented the Mayor and Council with the fiscal year 2024 budget, launching a two-week review process. The proposed spending... Read more »

The post Early OC Budget Proposal Maintains Same Tax Rate; Constant Rate Brings In Additional $478K Due To Rising Valuation appeared first on News Ocean City Maryland Coast Dispatch Newspaper.




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