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But how do you determine who these much need people are? Is it income based? Do we carve out everyone in a coop or condo above second floor? Do we carve out everyone with flood insurance whose house was not deemed ICC?

You cant afford to waive everyone from the surcharge. What about folks in rare houses that were no impacted? What about folks who bought after Sandy?

Maybe it should be just folks who received the Max $31,900 from FEMA on their primary residence who have AGI under 100K. Also do we include landlords who dont live in Long Beach. What about commercial properties? Not all stores were equally impacted. Some such as a hardware or plumbing store actually made money off Sandy. Some had flood insurance some did not.

Also you are just kicking the can down the road by waiving surcharge. Long term Long Beach would better off doing a one time surcharge to raise the $12 million than issuing bonds. Bond yields have shot up last few days and taking long term bonds just sticks you folks with higher taxes for years to come. There is no easy solution.

Part of problem has nothing to do with Sandy, Long Beach did not prepare for a rainy day. Look at Atlantic Beach the 7-1-2013 tax came out recently and because of Sandy taxes are only going up 1%. Why, if you read their letter on Sandy related taxes, Fema covered 90%. AB has a surplus budget of which will pay for remaining 9% of damage and residents will take a hit in a lump sum due July 1% to pay remaining 1%. Yep they go less damage. But being in good financial shape with adequate reserve funds would have spared Long Beach a lot of pain in Sandy.