Christie announces funding to off-set lost tax income

Gov. Chris Christie reassured residents of Toms River that they will not see a tax increase as a result of Sandy's devastation. Mayor Thomas Kelaher

Gov. Chris Christie reassured residents of Toms River that they will not see a tax increase as a result of Sandy's devastation.

Gov. Chris Christie reassured residents of Toms River that they will not see a tax increase as a result of Sandy's devastation. (7/17/13)

TOMS RIVER - Gov. Chris Christie reassured residents of Toms River that they will not see a tax increase as a result of Sandy's devastation.

Mayor Thomas Kelaher says homeowners were afraid that the town would have to substantially raise taxes to make up for losing 18 percent of the tax base.

The Ortley Beach section is still struggling to rebuild. Officials admit that taxing extensively damaged properties would simply be unrealistic, and that residents still trying to recover couldn't afford an increase of 30 to 40 percent.

Christie announced Wednesday that $28 million in federal grants will help fund the town's essential services, like police, public works and volunteer first aid squads.

Toms River has joined 11 other communities receiving $44 million to fund services. Christie says communities won't get back every dime lost, but homeowners won't be footing the bill either.
 

advertisement | advertise on News 12

Trending Video

A 36-year-old woman was beaten and raped in 1 Woman beaten, raped at gunpoint in Highland Park
Crews battled a large fire at the Marcal 2 Crews battle fire at Marcal Paper building in Elmwood Park
Two Ridgewood firefighters were hurt battling house fire 3 2 firefighters hurt battling house fire in Glen Rock
Choices and Chances: NJ’s Heroin Epidemic 4 Choices and Chances: NJ's Heroin Epidemic
Two Ridgewood firefighters were hurt battling house fire 5 2 firefighters hurt battling house fire in Glen Rock

advertisement | advertise on News 12

Features

It's good to know you have Walt Kane Kane in Your Corner

It's good to know you have Walt Kane in your corner.

News 12 takes a look at the hottest Tech Check

Eric Landskroner has a look at the latest gadgets and biggest stories in tech.

News 12 On the Scene

Check out these exclusive videos from New Jersey celebs!

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE