BERLIN -- While there may be trouble at the county level, the budget picture for the town of Berlin is largely positive and contains a property tax decrease, a $500 one-time bonus for employees and a more than $500,000 budget surplus with revenues coming in higher than expenditures.
Totaling $13,333,164 million, the proposed budget is $328,680, or 2 percent, lower than the current budget. This is the fourth consecutive year that the town has decreased its budget from the previous year. Even so, the council is considering dropping the current property tax rate of 73 cents per $100 of real estate value down to 68 cents per $100.
“This 5-cent decrease equals a reduction of $50 per every $100,000 of real estate valuation, or $100 less a year for the average residential taxpayer in the Town of Berlin,” Mayor Gee Williams said.
Town employees also benefit in this budget. While it does not contain a salary increase as last year’s did, the proposed budget will include a one-time $500 bonus for every employee, similar to what was proposed in Ocean City last Friday, though Williams reported the two ideas were developed independently.
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