Education

Vito Gagliardi, Jr. Quoted in The Atlantic City Press Regarding Cape May Point School Budget Tax Rate

4/30/2014 | News

Vito A. Gagliardi, Jr. of Porzio, Bromberg and Newman is quoted in The Atlantic City Press on Cape May Point's low school budget tax rate. Cape May Point pays a school tax rate of three-quarters of a penny for each $100 of assessed property value, by paying tuition per student.

Mr. Gagliardi represents towns in battles over school funding, and he currently represents Cape May, said whoever made the decisions years ago saved the town millions annually. Mr. Gagliardi said the state subsidizes schools that need help, but at regional districts the state simply has the richest town pay the most. Cape May is currently fighting Lower Township because it pays one-third of the budget with just over five percent of the students.

Click here to read the full article in The Atlantic City Press.