Overall, formula aid to schools is increasing by $578 million. The winning districts share $770 million more, while others lose a combined $192 million.
Gov. Phil Murphy proposes a $44.8 billion budget for fiscal 2022, fueled by a surplus propped up by borrowing, that includes no new tax or fee increases.
I know the old adage you get what you pay for is usually true which helps me wrap my mind around why New Jersey is so expensive. I mean, I’ll defend Jersey to anyone. It has the shore, mountains, close proximity to the greatest city in the world. All of that said, our tax bills are monsters (the kind with big teeth). I shake my head every time I hit a pothole because for what we pay the streets should not only be smooth, they should be paved in gold. We have the highest property taxes in the country they went up AGAIN.
Beach maintenance, boardwalk renovations plus an coming minimum wage increase all need to be funded, according to the mayors of Wildwood, North Wildwood and Wildwood Crest.
Voters will decide whether to expand the $250 veterans’ property tax deduction by making veterans eligible even if they didn’t serve during a time of war.
Senate panel votes to audit the unemployment division and spend $50M in federal aid for tech upgrades. It also wants to delay a hike in unemployment taxes.