Pared Budget Gets Token Trim

by Bob Shiltt

ERMA — After being told by local taxpayers at a jrecent public hearing that its $5,2 million budget should be cut by at least 5 per cent — some $256,000 — the Lovter Cape May Regional School Board gave its proposal another look last week and pared $33,000 before formally adopting the budget March 16. The cut represents a reduction of less than one per cent. * According to < schools superintendent Ephraim Keller — who said prior to the latest round of cuts that reducing the budget is going to make it difficult to maintain acceptable levels of educational programs and services — the areas trimmed include $10,000 from teacher salaries. $4,000 from clerk salaries, $4,000 from' school aide salaries, $5,000 from capital outlay, and $10,000 from funds used to pur-

chase fuel oil.

UNDER THE .proposed budget — which in effect goes to the voters in Cape May, West Cape May, and Lower Township April 6 — five teaching positions, and aHeast otfe bus driver have

been eliminated Also, one less school aide will be

hired.

The $5,000 axed from th^ capital outley account, was part of the initial $25,000 budgeted for a- computer literacy course at the Teitelman junior .high school. The computer course, according to school official, is the only new educational program anticipated to be introduced in the district this year. THE LATEST round of budget cuts caipe after the board listened to concerns of some 13 residents at the original budget hearing March 10. Among those in attendance were Lower Twp. Committeewoman Peggie Bieberhach, tfest Cape May Mayor Jack Vasser, and Cape May City Manager Fred Coldren. Coldren called on the board to cut its overall proposed 10 per cent budget hike down to no more than 5 per cent. Other areas the public asked to be examined included the $25,000 for the computer literacy course at the Teitelman School, the purchase of npw buses, the heed for additional staff, and the

possibility of issuing user fees for all groups and in-

Plan Course ^“» ls usi " g sch001

ALTHOUGH NONE of the local officials present March 10 were in attendance when the budget was adopted last week, Mayor Vasser forwarded a letter to the board complimen-

For Drivers 6CEAN CITY — Police Chief Dominick C. Longo has announced his traffic safety unit will offer a National Safety Council defensive driving course 7-10 p.jn. on March 25 and 26 then April 1 at the Police ’ Department. The course will be taught by Sgt. Nick Impagliazzo and Ptl Jim Plousis. All in- , terested motorists may register by sending a post card to the Ocean City Police Dept., 835 Central Ave., Ocean City, 08226. For other information, contact the chief of police,

390-9111.

ting school-officials for the

Card Parly

CAPE MAY - The Woman's Community Club will sponsor a Spring Dessert Card party and Bingo 12:30p.m. Thursday, March 2S at the Historical Community and Welcome Center, Lafayette and Banks rt. Hostesses are Mrs. Stephen Peckiconis and Mrs. William Seyfarth.

de §atnick’s Blinds, Shades & Draperies Sale*' • Service • Repair* • SMberomki • Soman *>»*•• ♦ Uvotor* • Vortical Mind* • Cuctom A Stock Shod** •=->*« INSTALLATION—

Shop-At-Home Free Estimates

884-2545

5914 NEW JERSEY AVENUE WILDWOOD CREST

NOTICE TO OUR CUSTOMERS

The sole on Items listed In the circular tf» today'» paper began on Tuesday. Thus certain items may be sold out. Should this occur, please go to our service desk at tht Irani of the store and request a rolncheck. Thank You.

manneh in which the budget was prepared. "It was evident much time dnd effort was put forth to Construct the budget," Vasser said. "The citizens throughout the region, should feel at ease with your efforts and those of the dedicated board " Board president Paul Uitidholm echoed the mayor’s cbmments recently when he indicated the board has worked hard to conTe up with a budget that will satisfy the taxpayers and still meet the educational needs of the students. "WE REPRESENT taxpayers, but also students, he said. "We’re trying to give the best education possible with what we have available." The president also in* dicated his hopes that the 7 budget will be passed. "We [board] have given everyone an opportunity to participate in forming this budget.'.’ He added: "If rejected, it could have a dramatic effect on our educational goalsl" Regional's budget — which covers the cost of operating the Lowbr Cape May Regional High School and tjie Teitelman junior high — calls for some $4 million to be raised thru local taxes collected-from the regional’s three constituent districts j— Cape May, West Cape May and Lower Township. The amount to be raised by taxation is up aboat 9.8 per cent from last year’s $3.7 million figure. LAST YEAR. the regional tax was 81.5 cents per $100 of assessed valuation in Cape May, 90.9 cents in Lower Township, and almost $1.32 in West Cape May. Mr. Keller indicated recently that he- can’t exactly estimate how much the tax rate will jump in the constituent districts because he hasn' 1 ! received latest figures on Changes of student population and rabbles in each tyStudents’ Exhibition v CAPE MAY - The first exhibition of the 1982 season to be on display in the gallery of the County Art League. 1050 Washington St., will l>e of the work of students from the county’s elementary schools, both public and private, Grades 1 through

6.

The exhibit will open with a receptioa beginning at 1 p.m. Saturday, March 27, when prizes will be given to studertts with the ^winning entries. Refreshments will be served and this public is invited. , THE ART LEAGUE will present a trophy for the Best in Show and there will also be gift certificates and ribbon awards .The exhibit will continue through Wednesday, April 17. Following the exhibit of work from elementary schools, an exhibit by students froth grade 7 through 12 will Open later in April. Lepgue member Bettyne Rull hac arranged both sltiws. Regular hours at the League* are 11 to 4 Tuesdays through Saturdays, 1 to4Surtdays, closed Mondays

OPEN AN

ACCOUNT BEFORE APRIL 15

AND GIVE

YOURSELF A 1981 TAX BREAK. (AND GET AN EVEN

1982)

Even though 1981 is gone, you can still shelter up to $1600., tax deductible, against your 1981 return. Just open an Individual Retirement Account anytime before April 15th (or the date you file ;

your income tax return).

If you are not covered by a company retirement plap, you can still invest up

to 15% of your wages in an IRA, to a maximum of $1500 or $3000 if husband and wife work, or $1750 if your spouse is not employed. This money is taxdeduptible for 1981 and tax free until retirement. The sizeable interest you earn is also tax-deferred until retirement.

■5^

AND FOR 1982 YOU CAN OUT AN EVEN BIGGER TAX

DEDUCTION:

Effective January 1, 1982 any wage earner, whether or not covered by a company retirement fund, can invbst up to $2,000. a year in an IRA. More good news: If both husband and wife are working, each can contribute the maximum $2000. Or, a, married couple, with one working spouse, can invest up

to $2250. a year divided between two

accounts.

Because you're the only one who knows the best way for you to save, Cape May County Savings & Loan offers you a chofpe of interest rates you can earn oh your IRA: \

1. A Fixed Rate of interest, based on the 30 Month Certificate rate for IB months or... • 2. A Floating Rate, 18 Month Certificate based on the 6 months Money Market Rate.* i ‘Unlike brokerage or ineurtnce compeny IRA'e, your investment ts insuied up lo $100,000 by FSUC To take advantage of a tax break and Specialists listed below and we’ll help high interest opportunity for 1981 and you determine which interest bearing every yeaf that follows, visit one of our IRA is best for you. Cape May County Savings & Loan IRA

+ f • , Since no one else is worrying about how much income tax you have to pay... maybe you’d better.

[ H iV I Cope May county Savings & Loan Association

IRA SfMCiiMst) Robert J. Boyer Charlotte S. Groome , 7 North Main St Cfcpe-May Court House, 465-5186 IRA Specialist Joseph A. Jackson 301 Asbury Ave Ocean City. 398-7400

IRA Specialist Harold Roop 517 Washington St Cape May. 884^435

IRA Specialist - Clifford D. Patrick 3301 Atlantic Avenue Wildwood, 522-2447

IRA Specialist E. Joan Schellenger 1809 Bayshore Rd Villas, 886-2773

1 IRA Specialist Cprylin M. Armour 40 S. Shore Rd Marmora. 388-4500