In January the Township of Ocean Tax Department mailed a special Supplemental Tax Bill for the first and second quarters of 2023. This billing is related to the tax levy increase question that was approved on the November election ballot for the 2022-2023 school year covering the period from July 1, 2022 through June 30, 2023.
Because the increase is for the full 2022-2023 school year the State of NJ mandates that it be collected prior to June 30, 2023. Since there are only two quarters remaining for the 2022-2023 school year the amounts were required to be doubled for these two quarters to address the taxes that were not collected for the third and fourth quarters of 2022.
Starting in July 2023 the amounts will be evenly spread across the four billing quarters for future school years which will correspond to a 50% decrease in the quarterly amount that appears on the Supplemental Tax Bill.