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Property Taxes

Property Taxes News: High taxes, regulations make NY dead last in freedom

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Between high taxes and onerous regulations, New Yorkers are squeezed more than … income, sales, corporate, property and unemployment insurance taxes. … Otherwise, California and New Jersey will never have to worry about …

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The United States might be the “land of the free,” but some states are clearly freer than others. Based on a new national ranking, New Yorkers have the worst claim to the benefits of a free society.

This week, the North Carolina-based John Locke Foundation published its inaugural First in Freedom Index.

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first published: 2015-02-28 10:52:30[otw_is sidebar=otw-sidebar-11]

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Property Taxes

Property Taxes News: Should the State Offload Teacher Retirement Benefits Onto Local School Districts?

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The average New Jersey property tax bill rose to a record high of $8,161 last year, while state Homestead property tax credits were pushed into 2015 …

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christie

Credit: Governor’s Office/Tim Larsen

In New Jersey, school districts pay the salaries of their teachers, but it’s the state that picks up the costs of their retirements. Cities and towns, meanwhile, cover their employees’ salaries as well as their retirement costs.

That split responsibility is at the heart of one of the core elements of the sweeping changes to public employee benefits that were put forward last week by the nonpartisan commission of experts impaneled by Gov.

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first published: 2015-03-01 06:11:15[otw_is sidebar=otw-sidebar-11]

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Property Taxes

Property Taxes News: The State We’re In: Messing with success in the Meadowlands

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The New Jersey Meadowlands Commission earned national recognition for its regional plan. … It also eliminated the property tax sharing program.

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NJ state seal.jpgWarren Reporter

By Michele S. Byers

Executive Director

New Jersey Conservation Foundation

The transformation of the Hackensack Meadowlands over the past 45 years – from a polluted dumping ground and butt of countless jokes to a birdwatcher’s paradise, eco-tourism destination and top-flight sports complex – is a Jersey miracle.

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first published: 2015-03-01 03:25:49[otw_is sidebar=otw-sidebar-11]

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Property Taxes

Property Taxes News: Should Town Hall Keep All The PILOT Money?

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This is a story about taxes, so it might get dry in spots. … Money that affects how much you will pay in property taxes and how much can be spent … New Jersey’s state comptroller took a sharp look at PILOT arrangements five years …

Article

The luxury Hilltop apartments will generate more than $663,000 in revenue for Verona in 2015.

The luxury Hilltop apartments will generate more than $663,000 in revenue for Verona in 2015.

Town trucks plow school lots. Town lawnmowers cut school grass. At the Town Council meeting on February 17, Town Manager Joe Martin claimed that the municipal government does $100,000 in work on behalf of Verona public schools each year that it does not bill to the Board of Education.

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first published: 2015-03-01 01:18:45[otw_is sidebar=otw-sidebar-11]

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Property Taxes

Property Taxes News: Average New Jersey property tax rates

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Average New Jersey property tax rates. March 1, 2015 11:24 AM By The Associated Press By The Associated Press. 0 Add comment Reprints + -.

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2014: $8,161

2013: $7,988

2012: $7,885

2011: $7,759

2010: $7,576

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Source: New Jersey Department of Community Affairs

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first published: 2015-02-28 16:40:33[otw_is sidebar=otw-sidebar-11]

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Property Taxes

Property Taxes News: Christie’s property tax break meets with skepticism

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It was a surprising omission if only because New Jersey’s property taxes are higher than any other state’s, with the average property owner paying …

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TRENTON — Gov. Chris Christie put overhauling New Jersey’s debt-laden public pension system at the heart of his state budget address this week. But there was one area he did not mention: property taxes.

It was a surprising omission if only because New Jersey’s property taxes are higher than any other state’s, with the average property owner paying $8,161 in taxes in 2014, according to state figures.

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first published: 2015-02-28 16:30:00[otw_is sidebar=otw-sidebar-11]

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Property Taxes

Property Taxes News: Poll: Are you moving out of N.J. in the next 5 years?

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Are you going to move out of New Jersey in the next five years? … Yes, their property taxes are 70% of my bill but they get nickled and dimed …

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leaving njjpg 554c346d85f4d16f mediumIt seems like now more than ever people have been talking about whether they want to stay in New Jersey. Is it too expensive to stay, or too good to leave? This morning, we began a series that explores why some people leave New Jersey and why some some decide to stay.

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first published: 2015-03-01 19:18:45[otw_is sidebar=otw-sidebar-11]

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Property Taxes

Property Taxes News: Weigh foreclosures, short sales in tax appeals, EHT mayor says

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… the upcoming Atlantic County tax appeal season, the New Jersey Division … impact on municipal budgets, which rely on property taxes for revenue.

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Weigh foreclosures, short sales in tax appeals, EHT mayor says

Written by Laura Stetser Thursday, February 26, 2015 12:00 am

Attention: open in a new window.PrintE-mail

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first published: 2015-02-25 04:52:30[otw_is sidebar=otw-sidebar-11]

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Property Taxes

Property Taxes News: Make property tax reform a priority

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What’s really surprising is how high New Jersey’s property taxes are when compared with other states. According to the Brookings Institute, the …

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Posted: Tuesday, March 3, 2015 3:00 am

Make property tax reform a priority

Public employee pensions dominated Gov. Chris Christie’s recent budget speech and its ensuing conversations, but property tax reform was barely mentioned.

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first published: 2015-03-02 08:03:45[otw_is sidebar=otw-sidebar-11]

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Property Taxes

Property Taxes News: Union County 2015 budget has ‘lowest tax hike in years,’ $57 increase for average homeowner

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Tom Haydon | NJ Advance Media for NJ.com … was proposed with a $95 average property tax increase, and the freeholders subsequently adopted a …

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Screen Shot 2015-03-02 at 2.35.23 PM.pngUnion County Manager Alfred Faella proposed a $492 million budget that is $10.7 million less than the last budget, but still carries a $57 average tax increase. (NJ Advance Media for NJ.com


ELIZABETH — Union County has proposed $492 million budget for fiscal year 2015 that is $10.7 million less than last year’s budget, but will add about $57 to the average county homeowners tax bill.

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first published: 2015-03-02 12:45:00[otw_is sidebar=otw-sidebar-11]