Monday, January 28, 2019

Levinson Announces Even Larger Tax Reduction

Atlantic County taxpayers have more good news with a further reduction in their county taxes.

County Executive Dennis Levinson has announced a 1.9-cent decrease in the 2019 general purpose tax, nearly double the 1-cent reduction he presented on January 15, 2019 as part of his budget message to the Atlantic County Board of Freeholders.
 
“The budget will be formally introduced on January 29 with no tax increase and a 1.9-cent decline in the county general purpose tax,” he stated.
 
The beneficial adjustment resulted from a meeting last week between county officials and the state. The county made its case for why it deserved a portion of the 2 percent increase in casino PILOT payments.
 
“The PILOT bill does not stipulate any share of this increase for the county, so once again we had to fight for what rightfully belongs to our taxpayers. We all remember the county had to sue the state to receive the 13.5 percent of PILOT funding that was promised. And because we did and were successful, we gained an additional $30 million for our non-casino taxpayers,” Levinson explained.
 
“In this recent instance the county made its case and the state agreed. Thankfully, they did so without any costly litigation. We are making progress.”
 
According to Levinson, the outstanding Taj Mahal settlement that occurred after the PILOT passed will not affect this year’s budget. “We’ll cross that bridge later.”
 
“All this bodes well for our taxpayers who have had to persevere through some difficult times and economic challenges,” he concluded. “One thing that has remained consistent is the financial stability of county government. We take our commitment to operate in the best interests of our citizens very seriously.”

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