(May 31, 2013)
Last year, FY13, the town property taxes for my residence in Ocean City increased by 19.5 percent over the previous year. Based on the proposed town budget for FY14, they are scheduled to increase another 6 percent.
The compound effect is that over the last two budgets, my town property taxes will have increased by 26.8 percent. This is occurring at the same time that Social Security benefits have only increased by 3.6 percent in 2012 and 1.7 percent in 2013.
Spending is out of control in the Town of Ocean City!
Vincent dePaul Gisriel Jr.