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Wednesday, F«fcn»«ry 13, >>S0

Cape Navigation Funding Included in Carter Budget

Unemployment Comp. May Now Be Taxed

WASHINGTON President Carter's fiscal 1981 budget recommends funding for a numberpf important navigation projects in South Jersey, including Cape May County, according to Congressman Bill

Hughes

Hughes said the navigation projects located in Atlantic, Cape May and Ocean • Counties are all vital to South Jersey's tourism and fishing industries They involve Ahsecon Inlet. Barnegat Inlet. Cold Spring Inlet, and the New Jersey In tracoastal Waterway. One of the largest budget recommendations is $781,000 for the Army Corps and engineers to dredge the Cold Spling Inlet in Cape May County Although final details aren't available yet on the exact scope of this dredging effort. Hughes said In* hopes the dredging will include Cape May Harbor as well as the entrance channel to the harbor

intends to testify in support of all the projects during the appropriations hearings this spring. ! Meanwhile. Hughes pointed out that the budget doesn't include any funding for the Cape May beach restoration project during fiscal 1981 However, he said that action was completely expected, and doesn't signify an unanticipated delay in the project. He explained in a news release that the gap in funding is the result of a law which requires Congress to review and reauthorize all projects after their phase one studies have been completed. The phase one report oh Cape May is due in April, and Hughes said he expects it to recommend favorably for the entire

project.

"The Cape May project is still right on schedule for a 4963 construction start,'' Hughes said. “This is a reauired

Another South Jersey project recom- • congressional review, after which the mended for funding in the budget includes project can move into phase two. I have no $825,000 to dredge the New Jersey In- doubt but that Cape May will pass this tracoastal Waterway Hughes said he review with flying colors." Bill Would Guard Against Gold Deceit

TKHNTON Assemblyman James Hurley has introduced a bill to safeguard the public

against 'deception and fraud in connection with the selling of gold and other precious metals

The measure, which immediately attracted hi* partisan support, empower the State Department ol weights and Measures to Supervise the methods used in such transactions, and would provide penalties for

infractions

According to the Assembly Minority leader, the public is “at the mercy of buyers, many itinerant, and all of them possessed of the special knowledge which affords them a marked advantage in the buyer-seller relationship."

NEWARK - Recent federal income tax legislation requires those who received unemployment compensation in 1979 to report the amount received on their 1979 federal income tax returns. Although the amount must be reported on the return, whether or not any of the compensation is to be taxed depends upon the amount of total income for the year. In announcing the new tax provision, Cornelius Coleman, director of New Jersey’s, IRS District, noted that every recipient of $10 o- more unemployment compensation should have received a Form 1099-UC statement Jrom the state indicating •the amount received which will be reported on either the 1040 or 1040A form. An estimated 600,000 New Jersey residents should have received the form 1099-UC by Jan. 31. he said. "In general." explained Coleman, “only those filing joint returns with total income from all sources 'including unemployment compensation > over $25,000, or those filing

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amount of enemployment received, whichever is smaller, will be included in taxable income. If total income is less than $25,000 the difference would be zero and no portion of unemployment compensation will be included in taxable income. The same calculation is used for single filers, except that a base figure of $20,000 is used instead of $25. X0 The Internal Revenue Service will receive directly from the State the 1099-UC financial data to ensure compliance with the new law.

single returns with total income over $20,000, will have to include a portion of unemployment compensation in taxable income." The IRS advises persons who received unemployment compensation during 1979 to be certain to include the amount on the designated line on the Form 1040 or 1040A There is an additional line on the tax form to record any portionsubjeettotax. To determine the taxable portion of unemployment compensation, taxpayers filing joint returns will add up their total income 'including unemployment), and subtract from this income amount the base figure of $25,000. If total income is greater than the $25,000 then onehalf of the difference or the

Arson Tipster Reward Now $1,000 Call 465-7181 The Independent Insurance Agents Association of,Cape ay County have voted to increase the Arson Alert reward, which was established in October, from $500 to $1,000. "We have decided that this program is important enough to our members and the entire community to double the amount of reward we had previously offered." reported association president David Von Savage " We hope that this increased amount will provide anvfeven greatei 4 incentive for an arson tipster to call our hotline number." The Arson Alert number to call with any information regarding a fire of suspicious origin is 465-7181. All information given to the hotline is held in strict confidence and all callers will remain anonymous. The association’s Arson Alert program has been endorsed by the Cape May County Chamber of Commerce, the County Prosecutors Office and the Cape May County Arson Task Force. ‘Constructive Criticism’ Of MUA seen ‘Proper’

’ SWA INTON - In the wake of reports that the FBI has been called in to investigate the Cape May County Municipal Utilities Authority, the MUA has declared its intention to conduct business "under glass." The authority, has also changed its stance on Rep. William Hughes, who reportedly initiated the investigation following the MUA’s firing of former authority director Walter Taft. The congressman had been critized recently by the MUA for his alleged failure to support the authority's position regarding a compromise with the federal government on the Environmental Protection Agency edict against sewering areas at nr below the 10 ft. elevation level in the Cape May Regional south of the Cope May Canal. In an MUA news release issued Jan. 25. both the public scrutiny and Hughes matters were touched upon: CAPE MAY County Municipal Utilities Authority Chairman John Vinci on Wednesday said he would urge other members of the authority to open the site selection process to the public. "We have nothing to hide," Vinci declared at a press conference prior to the regular MUA meeting. Nothing can be accomplished without public support If the public understands the project, they will support it. "Our only reason for closing these meeting in the past was to protect the property owners from speculators." he insisted. •THE POTENTIAL purchase of property has always been a sensitive area and confidential in nature But I have no reluctance in opening future site selection

process to the public." Questioned on the EPAFBI probe that was broached in the press, Vinci reiterated the willingness of the authority and its staff to cooperate and its responsibility to operate prudently and carefully. Vinci was joined by MUA vice chairman Robert Anzalone who said, "All members of the MUA openly welcome the investigation We want to clear the air so that we can stop operating under a cloud." VINCE SAID. "We are cognizant that a project ol this magnitude will always be the subject of constructive criticism. I think that is proper." Vinci also revealed "positive developments" in his communications with Congressman William Hughes regarding the federal Environmental Protection Agency's sewer connection restriction in the Cape May Region. "We are encouraged that Congressman Hughes and his office are desirous of being helpful." Vinci said. IN OTHER action, the authority approved the purchase of the wastewater treatment site, outfall easement and eight lots to provide access from the City of Ocean City for $290,000. A $15 million refinancing of maturing project notes was approved. The transaction will take place February 28 with the dbtes maturing September 1982. The commissioners learned the $2.7 million force main contract in Ocean Citv has only been changed by I'a percent since it was awarded. According to the engineers, changes usually go up to 10 percent. A $97,980 change' order purchasing 12,000 cubic yards of fill material was also approved