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Ocean Ridge Budget

Posted by Mary Kate Leming on September 28, 2011 at 17:05
Ocean Ridge Budget
1,540 taxable parcels
                                                                 2010-2011    2011-2012
Tax Rate                                                         $5.25*    $5.25* tentative
General Fund Budget                            $5.3 million      $5.16 million
General Fund Reserves                         $2.9 million    $2.5 million
% of Budget                                                   55%    48%
Reserves used                                       $326,804    $153,576
*Tax rate per $1,000 of taxable property value
NOTE: These numbers are tentative. Ocean Ridge’s final public hearing is scheduled for 9/30/11.
Tags: budget, ocean ridge, tentative
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