Property Taxes

Shared services to reduce spending is seen as one way to relieve some of the pressure on New Jersey's tops-in-the-nation property tax bills.

“Our collection rate was higher than we anticipated,” said Bridgeton Mayor Albert Kelly. “But as you said, the third quarter is what we’re really looking at and planning for.”

“In the highest taxed state in America, New Jersey Democrats found a way to pile on more,” said Republican Party state chairman Doug Steinhardt.

NJ mayors are throwing their support behind a proposal by Sen. Menendez to give $500B to state and local governments to address a fiscal crisis mounting due to their coronavirus revenue losses.

A new report from the State Commission of Investigation called "The Beat Goes On and On" finds many towns continue to allow municipal employees to cash out with huge checks for unused sick and vacation time.

A Senate committee Thursday advanced a bill that would green-light larger property tax increases in some school districts losing state aid.

A new add will require a web address to be added to yearly property tax bills, encouraging homeowners to see if they're eligible for direct relief programs.

The Murphy administration is beginning to unveil a series of initiatives aimed at dealing with property taxes, from more efforts to encourage shared services to the possibility of moving toward countywide school districts.

Legislation that would push local governments to share services, in part by threatening to withhold funds if they don’t, is again moving in the Senate.

Changes in federal tax law have some scrambling to pay 2018 property taxes to maximize tax deductions. If postmarked by Sunday, they'd have to be accepted.