JERSEY SHORE It’s the final countdown to a decision. The April 24 meeting of the Jersey Shore Area School Board will be the day when a decision will be ma
Smoke and Barrel lounge serving up cigars, cocktails in Mount Holly
Sitting in a cozy leather chair and puffing a cigar, Bryan Hough looks around his new business venture and sees a weekend relaxation spot, a neighborhood hangout where folks can enjoy a mid-week cocktail and good conversations and a destination for live music.
That place is Smoke and Barrel Cigar Lounge, a private bar housed in a former auto service station in the heart of downtown Mount Holly. Hough, also the city’s mayor, opened Smoke and Barrel in summer 2020 with his business partner, Wayne Kinley, also a Mount Holly native.
PAT CROSSLEY pcrossley@sungazette.com
JERSEY SHORE The Jersey Shore Area School Board has passed a proposed budget for 2021-22 with no tax increase. However, district superintendent Brian Ulmer warns there may be changes in the spending plan before final adoption next month to make up a $883,141 deficit.
“What you passed as the proposed tonight, goes on display for 30 days. You can make changes to it before you approve it at the beginning of June,” Ulmer told the board.
As it stands, the budget shows total revenues of $42,808,049 and expenditures of $43,691,190, which leaves a deficit of $883,141. The unassigned fund balance is $3,713,977 which are funds that could be used to balance the budget.
JSSD to save $185,468 in bond refinancing | News, Sports, Jobs lockhaven.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lockhaven.com Daily Mail and Mail on Sunday newspapers.
pcrossley@sungazette.com
JERSEY SHORE The Jersey Shore Area School District could realize a savings of at least $50,000, if not more, from the refinancing of debt following approval of a resolution setting the process in motion.
Under the motion, the district administration will work with PFM Financial Advisors LLC along with a bond counsel and the district’s solicitor to proceed with the issuance of general obligation bonds, series of 2021. The proceeds will be used in refunding the district’s four bonds from 2012 and 2015. PFM proposed using a dual track process for refunding which would compare using either a bank loan or a bond issue to determine the best option for the district.