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Ocean Township Prepares for Aug-Dec Taxes with Worse Case Estimates

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OCEAN TOWNSHIP: The July 5 meeting of the governing body was mostly to get the estimated 3rd and 4thquarter taxes approved to move ahead with billing. The township has to follow the process to be able to collect taxes and support expenses that need to be paid for the multitude of uses including Municipal, School, County and Other Taxes categories.

The County Tax Administrator needs the forecasted final 2017 tax rates so Ocean can issue certified tax bills on August 1. The township has determined there will not be sufficient cash to support operations, so the Council had to pass a resolution authorize it to pay its costs.

As a precaution the Council has authorized a "Worse Case" tax estimate scenario to allow coverage of costs that may be still open in the Loch Arbour school withdrawal case. School Superintendent James Stefankiewicz said the case is still on appeal and thus the Council's conservative actions with taxes.

If the appeal decision does not require the added estimated taxes, they will be refunded to property owners with the following tax billing.

In his first attendance at the Ocean Council meeting since he being sworn in on June 30, Township Manager Michael Muscillo was at the dais and welcomed officially by the members. Interim Manager Greg Fehrenbach was in the audience wishing Muscillo well as he takes on the challenge. Muscillo was highly recommended by council with considerable experience at that position in other municipalities.

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Ocean Township, Ocean Township Council, Ocean Township News, Ocean Township Taxes
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