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Ocean City Revenue and Expenditure Report. DEC. 2019.

OCEAN CITY FAIRNESS IN TAXES. (updated December 20, 2019) 1.00 — Klause Property Acquisition 1.10 — A “slow motion” demolition is taking place at the site as the existing car dealership building in being torn down. Structure/building down and removed, now working on concrete floor. 1.20 — Klause Enterprises obtained final approval from the Planning

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Car lot tax should have been based on highest use of land, experts say

From the Press of AC October 7, 2018 OCEAN CITY — If two independent appraisals are correct in valuing a former car lot next to the Community Center at $8.3 million to $9 million, the tax assessment on the property should have gone up substantially in 2014, according to real estate experts. That’s when the

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