Toms River Mayor Announces 2024 Budget with 0% Tax Increase Amid Rising Costs and Inflation
TOMS RIVER, NJ – Facing across-the-board salary increases, double-digit increases in healthcare costs, global inflation, and the end of the American Rescue Plan’s federal funding, Toms River Mayor Dan Rodrick announced a 0% tax increase for 2024 last week, “It wasn’t easy,” the mayor said. Rodrick’s only choices when taking office were to cut spending or raise taxes. Mayor Rodrick had to make some hard decisions at town hall. When he took office, he faced a $3 million shortfall due to rising costs. That was compounded by the loss of an additional $10.2 million in federal ARP funding from the … Continue reading Toms River Mayor Announces 2024 Budget with 0% Tax Increase Amid Rising Costs and Inflation
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