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Minutes
Recording

Cape May Council Advances Key Infrastructure, Housing, and Utility Projects

Overview: The recent Cape May City Council meeting centered on developments regarding the city’s infrastructure, with a discussion on road improvements and the Lafayette Street project taking precedence. The council also tackled affordable housing obligations, utility upgrades, and community concerns about various initiatives, including the convention hall bond, the desalinization plant, and the electric vehicle supply.

Overview: In an effort to tackle infrastructure and environmental concerns, the Dunedin City Commission has reached a consensus on a rate increase to fund essential stormwater projects amidst discussions of the city’s vulnerability to sea level rise. The meeting also highlighted the approval of a public art project aimed at celebrating diversity and honoring local historical figures.

Overview: In a recent meeting, the Somerville Borough Council discussed the economic implications of Payment in Lieu of Taxes (PILOT) programs, touching upon the substantial financial benefits and long-term effects on the town’s revenue. The presentation, given by Phoenix Advisors, became the focal point of the meeting, revealing that over the duration of all the PILOTs, the borough could anticipate an income of $46.84 million, with the net PILOT revenue projected to reach $125 million over the same period. This in-depth analysis prompted a debate on the utilization of PILOT programs as a means to stabilize property taxes and support the school budget without resorting to debt or tax increases.

Overview: The Glen Rock School Board’s recent meeting culminated in a contentious decision to approve the installation of permanent lights for the school’s turf field, stirring a debate among board members and residents alike.

Overview: In a recent meeting, the Leesburg Electric Advisory Board delved into the intricate financial and operational challenges facing the Leesburg Electric Department. The board scrutinized aspects such as budgeting, electric rates, the impacts of both the war in Ukraine and inflation on operations, and the pressures of deregulation on the current market.

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