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Hearing Monday on proposed $138M budget

Gloucester County’s $138 million proposed FY-2014 budget will be the subject of a public hearing Monday night.

The hearing on the proposal, which includes a four-cent hike on the real estate tax rate, will begin at 7 o’clock in the Gloucester High School auditorium.

The proposed budget, which is an increase of $29 million over the current county budget, is balanced on an increase in the real estate levy from 65¢ to 69¢ per $100 of assessed value and $2.95 per $100 in the boat tax (up from $1). The personal property tax would remain unchanged, at $2.95 per $100.

County administrator Brenda Garton said each penny of the real estate tax generates approximately $400,000 in additional revenue ($1.6 million for four cents), while the increase in the boat tax would add roughly $600,000 to the county’s coffers.

The increase is proposed to cover three main issues, according to Garton. The first is for the county to address significant capital needs that hav...

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