“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.
Andrews Testifies on Need for Climate-Resilient Infrastructure Investment in New Jersey
On August 13, Bloustein School Distinguished Professor and Associate Dean for Research Clinton J. Andrews provided invited testimony before the New Jersey Senate Environment and Energy Committee during a hearing at the Lavallette Municipal Building focused on the need...