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NJ Residents Vote Against Exceeding Property Tax Caps

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Property Taxes (credit: AP)

Property Taxes (credit: AP)

TRENTON, N.J. (CBSNewYork/AP)New Jersey voters were not generous when it came to exceeding the new two percent property tax caps in school elections.

They rejected increases in 12 of 14 municipalities that had referenda Wednesday.

The questions passed in Brick Township and Lambertville. But the issues may have had more to do with trash than education.

Brick would have had to privatize garbage collection if the referendum had failed.

Lambertville voters agreed to allow the township to include garbage collection in property taxes instead of as a separate fee.

The election marked the first time that New Jersey towns asked voters for permission to raise taxes. Towns used to ask the state if they wanted to exceed a 4 percent cap.

What do you think of towns asking voters for permission to hike taxes? Leave a comment below…

(TM and Copyright 2011 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2011 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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