Democrats punt on property tax reform
Trenton, NJ- Assemblyman Declan O’Scanlon, Jr. invoked a parliamentary rule on the floor of the Assembly on Thursday to force a vote on his bill that would remove the sunset provision on the arbitration cap of police and fireman salaries.
The arbitration cap was institution as part of the 2010 landmark property tax reform legislation that capped New Jersey property tax growth at 2% per year. The initial cap expired in 2014 and was renewed in 2014 with a sunset provision for the end of this year. O’Scanlon’s bill, A-2123,would make the 2% arbitration cap permanent.
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Posted: June 10th, 2017 | Author: Art Gallagher | Filed under: Declan O'Scanlon, Monmouth County News, New Jersey, NJ State Legislature, Property Taxes | Tags: Declan O'Scanlon, Eric Houghtaling, Interest Arbitration Cap, Joann Downey, Monmouth County News, New Jersey, Police and Firemen Salaries, Property Taxes | 1 Comment »
Middletown Township Committee
The Middletown Township Committee will introduce a budget on Monday night that reduces Township spending by $161,459 and reduces the municipal tax rate by 3.49%
“We’ve taken a fine tooth comb to this budget in order to develop a spending plan that reduces costs without sacrificing core essential services,” said Mayor Gerry Scharfenberger, Ph.D. “We consistently seek ways to further minimize costs, maximize revenues and stretch a dollar.”
For the average homeowner, municipal taxes will decrease $5.31 this year.
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Posted: March 20th, 2017 | Author: Art Gallagher | Filed under: Middletown, Monmouth County News, Property Taxes | Tags: Gerry Scharfenberger, Middletown, Monmouth County News, Property Taxes, Stephanie Murray, Tax decrease, Tony Fiore | 1 Comment »
The New Jersey Supreme Court has once again usurped the legislature and stepped into the realm of public policy today, Save Jerseyans, creating a mandate that will mean big tax increases for many N.J. towns. At issue was whether New Jersey municipalities have an obligation to construct houses not built during the so-called “gap period,” a… Read the rest of this entry »
Posted: January 18th, 2017 | Author: admin | Filed under: New Jersey, NJ Courts, NJ Supreme Court | Tags: Affordable Housing, COAH, New Jersey, NJ State Supreme Court, Property Taxes | 2 Comments »
By Assemblyman Declan O’Scanlon
The concept of municipal consolidation/shared services is referred to by some as the panacea for high property taxes. Others claim that consolidation/shared services is a pipe dream and not worth pursuing because no single service will solve our property tax problem. Both sides of this argument are wrong. No one act or reform will slash our taxes – short of major increases in other taxes. To argue that we shouldn’t pursue such reforms because they won’t save “enough” is to argue against doing anything to cut costs. On the contrary, the answer is we must do EVERYTHING.
Merging of municipalities is a heavy lift. People have nostalgic attachments to their town names and pride in their community identity. And if things don’t go as well as planned, there’s no going back. That leaves shared services as the sweet spot – much easier to attain than wholesale municipal mergers and can generate 60 to 80% of the savings.
We must then hone in on the areas where we can get the greatest amount of savings. Things like public works and administration sound like good targets but those areas have already, frequently, been cut to the bone. One area in many municipalities that is ripe for restructuring: police.
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Posted: December 9th, 2016 | Author: admin | Filed under: Declan O'Scanlon, Monmouth County News, Property Taxes | Tags: Assemblyman Declan O'Scanlon, Declan O'Scanlon, Monmouth County News, Police, Property Taxes, Shared Patrol Model, Shared Services | 1 Comment »
WHIPPANY — With the state’s Transportation Trust Fund less than three weeks away from running out of money for new road, bridge and rail projects, Gov. Chris Christie said the fix being pushed by the Democratic-controlled legislature lacked sufficient tax breaks to be signed into law. Speaking to the Morris County Chamber of Commerce on Monday,… Read the rest of this entry »
Posted: June 14th, 2016 | Author: admin | Filed under: Chris Christie, News | Tags: Chris Christie, Gas Tax, New Jersey Pensions, Property Taxes, Tranportation Trust Fund | Comments Off on Christie takes aim at gas taxes, pensions, property taxes and teachers union
TRENTON — The state Division of Taxation has declared two of the three municipalities forced to undergo property revaluations in violation of that state order, NJ Advance Media has learned. Jersey City and Elizabeth have missed May deadlines to submit plans to comply with the April order that gives them until November 2017 to conduct revaluations,… Read the rest of this entry »
Posted: May 24th, 2016 | Author: admin | Filed under: New Jersey, News | Tags: Elizabeth, Jersey City, New Jersey, Property Taxes, Property valuations | Comments Off on State busts Jersey City, Elizabeth for violating order to reassess properties
LAKE COMO — Residents in this tiny Jersey Shore borough have rejected a 22-percent tax increase, likely leading to the disbandment of its police department. The referendum — a requirement if a municipality is going to exceed a 2-percent property tax increase cap set by a 2010 state law — received 379 “no” votes to 137… Read the rest of this entry »
Posted: April 20th, 2016 | Author: admin | Filed under: Monmouth County News | Tags: Lake Como, Lake Como Police Department, Monmouth County News, Property Taxes | 1 Comment »
By Freeholder Director Arnone, Thomas[email protected].us
Monmouth County Freeholder Director Tom Arnone
Mother Nature may be playing tricks on us with the weather again – she’s bringing in extremely low temperatures, then teasing us with spring like weather in the 60s this past weekend. But there is no trickery here at the County, I made a promise last month that I would provide our residents with a much needed tax break, and I am holding true to the that statement, along with my fellow freeholders by proposing an overall tax cut of $4.5 million. This is the first time, I believe, that freeholders have ever decreased taxes to the county residents.
We propose collecting $302.5 million from property taxes, down from $307 million just last year. At the end of 2015, Monmouth County completed the sale of its two care centers which eliminated the yearly operating losses that the facilities have incurred for several years. The public auction of the two facilities generated $32.4 million in revenue; approximately $18 million more than was projected.
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Posted: March 1st, 2016 | Author: admin | Filed under: Monmouth County, Monmouth County Board of Freeholders, Monmouth County News, Tom Arnone | Tags: Freeholder Director Tom Arnone, Monmouth County Board of Chosen Freeholders, Monmouth County News, Property Taxes, Tax Cut, The Arnone Report | 3 Comments »
ABOARD THE CHAMBER TRAIN — Assembly Minority Leader Jon Bramnick (R-Union) said Thursday he’d like to restore aid to New Jersey’s municipalities to lower property taxes, but the state simply can’t afford it. Lawmakers have introduced a bill ( A302) to restore hundreds of millions of dollars in energy tax receipts and Consolidated Municipal Property Tax… Read the rest of this entry »
Posted: February 26th, 2016 | Author: admin | Filed under: New Jersey, New Jersey State Budget, News, NJ GOP, Property Taxes | Tags: Assembly Minority Leader Jon Bramnick, Assembly Republcians, Assembly Republican Leader Jon Bramnick, energy tax receipts, NJ State Budget, Property Taxes | Comments Off on Bramnick: N.J. can’t afford to restore aid to towns to cut property taxes
Monmouth County Freeholders Gary Rich, Lillian Burry, Director Tom Arnone, Deputy Director Serena DiMaso and John Curley
The Monmouth County Board of Chosen Freeholders introduced a budget on Thursday that reduces County spending by $18.2 million and reduces the property tax levy on County residents and businesses by $4.5 million. The tax decrease is the first in 21 years and maybe ever, according to County Finance Director Craig Marshall.
The budget for the next fiscal year rolls County taxes back to 2008 levels and reduces spending to less than the 2007 budget. The tax cut reverses an increase, the only one since 2007, that the County imposed in the current year.
“This is a real cut,” said Freeholder Director Tom Arnone. “There is no fiscal gimmickry or raiding of trust funds or utility balances in this budget.”
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Posted: February 12th, 2016 | Author: Art Gallagher | Filed under: Monmouth County, Monmouth County Board of Freeholders, Monmouth County Budget, Monmouth County News, Serena DiMaso, Tom Arnone | Tags: Budget, Freeholder Deputy Director Serena DiMaso, Freeholder Director Tom Arnone, Monmouth County Board of Chosen Freeholders, Monmouth County News, Property Taxes, Tax decrease | 17 Comments »