Own a property in Ventnor? Get ready to dig deeper into your pocket as a substantial tax increase is coming your way. A new, proposed $30 million municipal budget includes a 7.7 cent tax rate increase. That’s a 8.5% tax hike. The average Ventnor homeowner would need to pay an additional $230 in taxes. Ventnor Mayor Beth Holtzman reports that spending is up $864,220 – year-over year. That’s a bump in spend of 3% over last year.
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