Local News

June 29, 2018

STATE RUNS OUT OF MONEY THIS WEEKEND, STILL NO BUDGET

New Jersey runs out of cash Sunday morning, and there’s still no budget in place.  Lawmakers are expected to again meet on Friday in an attempt to hash out an agreement.  Governor Murphy met for three hours with legislative democrats on Thursday with no compromise.  Murphy wants to raise income taxes on the wealthy and …

The post STATE RUNS OUT OF MONEY THIS WEEKEND, STILL NO BUDGET appeared first on 98.7 The Coast WCZT.

June 28, 2018

WILDWOOD COMMISSIONER ISSUES RELEASE, CRITICAL OF TAX HIKE

A clear division on the Wildwood City Commission over a proposed ten cent increase in the city’s local purpose tax rate.  Commissioner Pete Byron reached out to Coastal Broadcasting Systems via a press release that asks his commission to table the ten cent hike in the tax rate.  Byron says the proposed spending plan exhausts …

The post WILDWOOD COMMISSIONER ISSUES RELEASE, CRITICAL OF TAX HIKE appeared first on 98.7 The Coast WCZT.

June 28, 2018

OFFICIALLY OPEN: ATLANTIC CITY OPENS TWO NEW GAMING HALLS

Officially open for business…two new casinos opened with glitzy events in Atlantic City Thursday.  The Hard Rock and Ocean Resort casinos replace the former Trump Taj Mahal and Revel respectively.  Both casinos had been shuttered for a few years ...
June 28, 2018

MURPHY: I WILL NOT APPROVE A TAX ON SHORE RENTALS

Governor Phil Murphy says he will not approve a new tax on short term rentals, including those at the Jersey Shore, as a way to fill a gap in the State budget.  Murphy announced he has rejected the move that would generate $250 million for the state’s coffers.  Murphy announced during a town hall Wednesday …

The post MURPHY: I WILL NOT APPROVE A TAX ON SHORE RENTALS appeared first on 98.7 The Coast WCZT.

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