City tax levy down 70 percent from 2012

July 28, 2017

Marc Pfeiffer, assistant director of the Bloustein Local Government Research Center at Rutgers University, said the state should receive plenty of credit for getting Atlantic City’s finances under control. In February, state overseers reached a $72 million tax settlement with Borgata Hotel Casino & Spa. The city owed Borgata $165 million after successful property-tax appeals by the casino. The settlement saves the city $93 million, according to the state.

Press of Atlantic City, July 28, 2017

Recent Posts

NJSPL: The Potential of Participatory Budgeting Within New Jersey

Budget Cuts and Who Absorbs Them When budgets are cut, the first programs to go are those without dedicated funding or legal mandate. Many of those programs serve low-income, disabled, and vulnerable populations. New Jersey is in a period of fiscal austerity. The...