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New Debt Statement Released

$38.6 Million

Full document can be read here.

Note that the municipal portion of the debt…that portion which the taxpayers are solely responsible for…is a whopping $19 million, as the mayor pointed out in a recent public appearance:

8 Comments

  1. Anonymous wrote:

    Typical Matt Doherty. Would love to hear his spin on this.

    Wednesday, February 15, 2017 at 7:57 am | Permalink
  2. elemental wrote:

    Perhaps Ms. Kirk will be fired for submitting a false document. The Asbestos Mayor would not outright and publicly lie, would he?

    Wednesday, February 15, 2017 at 10:51 am | Permalink
  3. OLD MAN wrote:

    How much is that per property owner?

    Wednesday, February 15, 2017 at 4:23 pm | Permalink
  4. Eugene Creamer wrote:

    #3 …. Roughly …. $19M/3000 taxed properties = $6,333.

    Thursday, February 16, 2017 at 8:08 am | Permalink
  5. Anonymous wrote:

    Does anyone know how the money collected by Belmar Tourism is used??? Do the restaurants have to pay to participate how much and what is the money used for????

    Friday, February 17, 2017 at 3:38 pm | Permalink
  6. MarĂ­a wrote:

    Facts about Belmar from Wikipedia
    The 2010 United States Census counted 5,794 people, 2,695 households, and 1,267 families residing in the borough. The population density was 5,544.0 per square mile (2,140.6/km2). The borough contained 3,931 housing units at an average density of 3,761.4 per square mile (1,452.3/km2). The racial makeup of the borough was 87.06% (5,044) White, 3.49% (202) Black or African American, 0.24% (14) Native American, 0.91% (53) Asian, 0.14% (8) Pacific Islander, 5.66% (328) from other races, and 2.50% (145) from two or more races. Hispanics or Latinos of any race were 16.76% (971) of the population.[8]

    Out of a total of 2,695 households, 18.1% had children under the age of 18 living with them, 33.9% were married couples living together, 8.8% had a female householder with no husband present, and 53.0% were non-families. 41.9% of all households were made up of individuals, and 12.1% had someone living alone who was 65 years of age or older. The average household size was 2.14 and the average family size was 2.98.[8]

    In the borough, 16.8% of the population were under the age of 18, 8.3% from 18 to 24, 29.1% from 25 to 44, 30.9% from 45 to 64, and 14.8% who were 65 years of age or older. The median age was 41.9 years. For every 100 females the census counted 106.3 males, but for 100 females at least 18 years old, it was 108.3 males.[8]

    The Census Bureau’s 2006-2010 American Community Survey showed that (in 2010 inflation-adjusted dollars) median household income was $59,928 (with a margin of error of +/- $6,993) and the median family income was $59,929 (+/- $10,255). Males had a median income of $52,215 (+/- $4,278) versus $44,453 (+/- $11,259) for females. The per capita income for the borough was $35,223 (+/- $4,105). About 9.2% of families and 12.8% of the population were below the poverty line, including 16.6% of those under age 18 and 10.6% of those age 65 or over.[30]

    Saturday, February 18, 2017 at 11:33 am | Permalink
  7. Guest wrote:

    #5 Junkets for Belmar Tourism DEPT. to visit Canada! Nice life! I need an aspirin.

    Sunday, February 19, 2017 at 4:22 pm | Permalink
  8. Anonymous wrote:

    You idiots are not paying for junkets are you?

    Sunday, February 19, 2017 at 5:04 pm | Permalink

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