Program Prevents Property Tax Increases
Hmm, extraordinary aid is given by the state to municipalities that can prove the aid is needed in order to prevent property tax increases. Every homeowner we know across the state sees their property taxes rise year after year. Seems to us that most towns in New Jersey could prove they need aid in order to prevent property tax increases. We wonder how the towns are chosen? Elighten-New Jersey will have to look into this state program.
Update: $21 million in extraordinary aid is being granted to municipalities by the state for 2005. The aid is designed to provide short-term local property tax relief resulting from extraordinary circumstances beyond the control of a municipality. See if your community is a beneficiary.