Cape May County Proposes Third Straight Year of Tax Cuts in 2025 Budget

Issue #271

February 27, 2025

In This Cape May Local Scoop Issue…

 📆 Cape May Events

☀️ Cape May Local Weather

 💲 Cape May County Proposes Third Straight Year of Tax Cuts in 2025 Budget

 🏈Super Bowl Bets Boost Casino Revenues, but Horse Tracks Face Sharp Declines

⚖ ‍Ciattarelli Falls Short as Spadea Secures Crucial Ocean County GOP Support

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👇 Here’s what’s going on in the Cape May Local Area👇  

 February 18

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Cape May County Proposes Third Straight Year of Tax Cuts in 2025 Budget

Board of Commissioners Director Leonard Desiderio

 

 Cape May County’s proposed 2025 budget includes a third consecutive tax cut, reducing the tax levy by $671,000—the first overall decrease since 1993. The budget, funded by $165 million in county taxes and $58.6 million in other revenue, focuses on major infrastructure projects, including bridge repairs, road improvements, and a new justice complex. Officials say the county remains financially strong and well-positioned to invest in essential services while easing the tax burden on residents. Public presentations will be held before a final vote on the budget.

Super Bowl Bets Boost Casino Revenues, but Horse Tracks Face Sharp Declines

 New Jersey’s gaming industry saw a strong start to 2025, with internet gaming revenue surging 20.9% to $221.6 million and traditional casino gambling up 2.6% to $210.1 million. While some casinos posted gains, four reported declines. Sports betting results were mixed, with Super Bowl wagers rising but revenues at the state's two remaining horse tracks plunging. The December closure of Freehold Raceway contributed to a 29% overall drop in sports betting revenue. Analysts see the casino sector’s steady performance as a positive indicator for the year ahead.

Ciattarelli Falls Short as Spadea Secures Crucial Ocean County GOP Support

Bill Spadea secured a major victory at the Ocean County GOP convention, defeating Jack Ciattarelli 129-83 and earning the endorsement of New Jersey’s most influential Republican county. Despite support from the Lakewood Republican Club, Ciattarelli’s ties to a breakaway GOP faction in Toms River may have cost him key votes. With Ocean County holding the largest Republican voter base in the state, Spadea’s win could reshape the primary race, where Ciattarelli has led in early polling.

Cape May, New Jersey, is home to the only enlisted basic training center for which branch of the United States military?

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Answer to the February 26th Trivia Question

Cape May, New Jersey, is known for its rich history and architecture. Which significant event in 1878 led to the rebuilding of many buildings in the Victorian style?

A. The opening of the Cape May Lighthouse
B. A major fire that destroyed half the town
C. The construction of the Cape May Canal
D. The establishment of the Cape May Bird Observatory

Answer: B. A major fire that destroyed half the town

In 1878, a devastating fire in Cape May destroyed about half of the town. This event led to the reconstruction of many buildings in the Victorian style, contributing to the city's renowned historical architecture​

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