Property Tax
Residents Outraged After NYC Raises Property Taxes On Sandy-Ravaged Homes
A property tax revolt is brewing in areas of New York City hard hit by Hurricane Sandy. Residents are crying foul over the city’s decision to raise the assessed value — and the taxes — on homes damaged by the storm.
Some NYC Sandy Victims To Get Property Tax Extension
Mayor Michael Bloomberg announced Thursday that some homeowners will receive an interest free extension from Jan. 1 to April 1.
Nassau County Small Business Owners Upset Over Licensing Fee Proposal
County officials said the new fee would bring in about $1.6 million, according to Newsday. Entrepreneurs said there should be shared sacrifice during tough fiscal times.
Governor Christie Signs NJ Budget, Tax Issues Remain Unresolved
Gov. Chris Christie has signed a budget that keeps New Jersey government humming along through next June, but with a millionaires’ tax and property tax cut still unresolved, the partisan fiscal fight between the governor and the Democrats has spilled into summer.
Atlantic City Wants $38.5M Loan To Cover Property Tax Appeals
The Atlantic City Council must get approval from the state Community Affairs Department’s Local Finance Board in order to borrow the money.
School Budgets On The Ballot Across New York Tuesday
Behind the scenes there’s a growing debate over what the vote might mean for a proposed statewide property tax cap.
Report: NJ Voters Approve Many School Budgets
New Jersey voters were being a bit more generous, one year after they rejected most school budget proposals. According to a published report, the majority of budgets passed Wednesday in elections.
A full, unofficial tally was expected Thursday.
NJ Residents Vote Against Exceeding Property Tax Caps
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.
N.J. School Budgets, Board Candidates On The Ballot Wednesday
New Jersey school budgets and school board candidates will be up for votes in a rare Wednesday election. The school elections were moved to Wednesday so they wouldn’t conflict with Passover this year.
‘Hot And Sexy’ Christie Addresses Flooding, Taxes & Pensions
New Jersey Governor Chris Christie received an unusually warm reception at a town hall meeting Wednesday — warm enough to make him blush.
State OK’s Big Property Tax Hike In Camden
New Jersey’s Local Finance Board agreed Friday to lift the cap on Camden’s property-tax increases. That means the hike, which could raise $4.2 million, would take effect once the City Council approves the municipal budget.
Gov. Christie Signs Arbitration Law
New Jersey Gov. Chris Christie signed a bill on Tuesday that aims to help New Jersey towns control costs and ease property tax increases.
Some Legislation Is Punch Line To NJ Governor
When Gov. Chris Christie speaks at town hall meetings, he lampoons lawmakers for not quickly passing a series of bills designed to make it easier for local governments and school boards to comply with a coming 2 percent cap on property tax increases.
NJ Lawmakers Still Sparring Over ‘Tool Kit’ Items
Several key measures will be up for discussion Monday when committees in both houses of the New Jersey legislature convene at the Statehouse.
Proposal Would Curb NJ Tax Cap To Pay Police
TRENTON, N.J. (AP) — About 30 New Jersey mayors have appealed to Gov. Chris Christie for help complying with a new limit on cost increases that takes effect Jan. 1. The mayors on Thursday met […]
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