Voices From The Readers – May 19, 2023

Posted by The Dispatch | Thursday, May 18, 2023

City’s Budget Practices Result In Annual SurplusEditor:Based on data from Ocean City’s Comprehensive Annual Financial Reports for the last eight fiscal years, the Mayor & City Council (M&CC) consistently underestimate revenues and overestimate expenses. From FY15 to FY22, the combined underestimated revenue totaled over $19.8 million, averaging over $2.4 million per year. During that same period,... Read more »

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