“New Jersey has been in this unenviable position for a long time,” said Joseph Seneca, a Rutgers economist. “Property taxes are driven primarily by the costs of local government and public education, and the steady rise over the years in these costs.” In addition, local governments in New Jersey rely almost exclusively on property taxes, while in other states, local governments are funded in part by sales and income taxes, according to Henry Coleman, a Rutgers professor who studies public finance.
VTC and CUPR Compile NJ Infrastructure Needs Assessment
Read the Report Introduction The New Jersey State Planning Act (N.J.S.A. 52:18A-196 et. seq.) requires that the State Planning Commission “prepare and adopt as part of the State Plan a long-term Infrastructure Needs Assessment, which shall provide information on...