Ocean at the Door: New Homes and the Rising Sea

A new research report by Climate Central and Zillow titled Ocean at the Door: New Homes and the Rising Sea contains useful statistics and comparative data associated with the impacts from climate change pertinent to Avalon property owners. The article, available at the link below, provides country-wide statistics and links to focus on New Jersey’s shore communities.

Thanks to one of our AHLOA members for bring the article to our attention.

Climate Central Article

Scott Wahl - November 10th Presentation and Q&A

Avalon Business Administrator/Public Information Officer Scott Wahl was the guest speaker at the AHLOA monthly meeting held on Saturday, November 10th. Scott presented all of the major capital initiatives underway within the Borough, reviewed major activities affecting Avalon in the coming months (e.g. Townsend’s Inlet Bridge), and then fielded a significant number of questions from the full-house audience following his formal presentation. Feedback from the attendees was quite strong given the wide-range of pertinent and timely information that Scott was able to convey. His presentation is available at the link below.

Scott Wahl - November 10, 2018

Borough of Avalon -- AAA Bond Rating

The Borough of Avalon has maintained its decade-long AAA bond rating from Standard and Poor’s and Moody’s, the highest rating offered by the financial services. The Borough received its most recent AAA rating confirmation letter last month.

2018 was an outstanding financial year for the Borough.  Avalon has the lowest municipal tax rate in Cape May County with a rate of 19.9 cents per $100 of assessed valuation. And, Avalon has the lowest overall tax rate of any community in the State of New Jersey at 48.8 cents. The overall tax rate includes municipal, library, county, school and open space taxes.

For more information, please click the link to the Cape May County Herald article below.

Cape May County Herald

Construction Begins Late October for Avalon’s New Surfside Park

Construction is expected to begin on Monday, October 22nd on a major new addition to the Borough of Avalon’s recreational facilities.  Surfside Park, a brand new park with abundant green space and a new playground, will be constructed adjacent to the Avalon boardwalk at 30th Street.  The Borough of Avalon was the recipient of a $2 million grant from the Cape May County Open Space Program, the proceeds of which will be directed to the development of the Park. Click the Borough’s website link below for more details about this exciting new addition to our community.

Borough News on Surfside Park