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OC Council Approves $155M Budget

May 8, 2023

Officials in Ocean City voted unanimously this week to approve the first reading of the fiscal year 2024 operating budget. On Monday, the Mayor and Council had before them a first reading of the proposed operating budget for fiscal year 2024. The spending plan, which totals $155,155,151, includes a general fund budget of more than $105 million and a tax rate of $0.4526 per $100 of assessed value.

 

Article Source: MD Coast Dispatch

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