Lower Holding the Line on Municipal Taxes
By: Christopher South | Published: 2026-03-09 04:45:00 | Source: www.capemaycountyherald.com
Place your ad here (700×100)
The township ended 2025 with a surplus of nearly $10.7 million. Laffey said the surplus is “the largest year-end surplus balance to date.” About $5.4 million will be applied to the 2026 budget.
“We feel confident using this amount of surplus because we’re well within the parameters of our fund balance policy,” he said.
The assessed value of property in Lower Township rose by $25 million…
