According to Marc Pfeiffer at Rutgers University’s Bloustein School of Planning and Public Policy, a major contributing factor to the state’s high property taxes is the duplication of services and staff across all those municipalities and school districts.
Topic
Atlantic City
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New Jersey has contributed more than $800M in funding to Atlantic City for budgets since 2016
“In New Jersey, we have a single way of raising money, which is property taxes,” Pfeiffer said of municipal budgets. “Atlantic City has always been an exception to that because you have the hotels and then the casinos. You’ve always had a policy of state engagement to support Atlantic City’s municipal budget in particular.”
Should state agencies help pay for events in Atlantic City?
One of the issues with these subsidies is the lack of accountability, Pfeiffer said. A 2019 report stated that CRDA failed to monitor the actual cost and economic impact of the Miss America Competition when it negotiated the second contract with the organization in 2016, according to an audit of the agency.
Hughes – What if the road from Tuckerton to Atlantic City was built?
Route S4A was intended to connect Tuckerton in Ocean County to Atlantic City in Atlantic County, New Jersey, during the 1920s. The road's construction would have significantly shortened the travel distance between North Jersey and Atlantic City, but it was never...
Reconciling rising unemployment and strong job growth: NJ’s uncertain fiscal outlook
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What if the road from Tuckerton to Atlantic City was built?
LITTLE EGG HARBOR TOWNSHIP — Today, it's a nearly untouched portion of New Jersey, but it could have been filled with houses, lagoons, businesses and the constant hum of human activity during the summer. Narrow Great Bay Boulevard, also known as Seven Bridges Road,...
Could A Surfside Building Disaster Happen On The NY Or NJ Coast?
Last week, search crews reached the bottom of the rubble at the Champlain Towers condo building site in Surfside, Florida, where at least 98 people perished due to a deadly collapse in June. The exact cause is still unclear, but lack of...
Travel and tourism: Key factors in New Jersey’s economic recovery
Economic impacts facing businesses with a particular focus on tourism and how it will affect the economy.
