Point Pleasant Council adopts $23M budget – Star News Group

POINT PLEASANT — The Point Pleasant Borough Council adopted their 2023 municipal budget, which will see taxpayers paying approximately $4 more a month in taxes.

The 2023 municipal budget will be $23,896,329, an increase from last year’s $22,279,383. Borough Administrator Frank Pannucci said the increase comes  “primarily due to the increased health benefits cost from the state.”

The averaged assessed home in Point Pleasant is $398,002, and homeowners will be paying $4.25 more per month, or $51 more annually in municipal taxes. Mr. Pannucci said, “If it wasn’t for the health benefits increase being thrust upon us, that nominal increase would have been even lower.”

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