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Hmm... I wonder if Newark, Paterson, Irvington and Camden will be feeling the dropping of the budget ax as well, of if the gravy train will continue while the rest of us suffer. Christie better wake up and realize who elected him before this budget goes through!
Yes, there is a 4% cap on both expenditures/budget increases and overall tax rate. However, any municipality can apply for a waiver on this if they have no choice but to break it. The cap applies to school board budgets as well, and they have their own waiver mechanism in the case they must go over.
Yes, there is a 4% cap on both expenditures/budget increases and overall tax rate. However, any municipality can apply for a waiver on this if they have no choice but to break it.
then christie should say no. there's always a choice. problem solved.
Haha, well I guess he could stand firm and put a directive out saying NO municipality will be granted a waiver whatsoever. But they're actually pretty rare to begin with - usually in the case of some unexpected expenditure such as a town's water plant needing replacement or something like that. But then again, if you're in the position where you need a waiver in the first place, it means there was some poor financial planning in the first place and those politicians should be kicked out.
This year, however, I could see some towns getting shocked if, for example, they signed new a contract with the PBA and had state aid reduced on top of all of it. I can see a lot of towns not passing their budgets until well into the spring or summer next year. If a town misses its required date to pass its budget, there are virtually zero consequences whatsoever.
Haha, well I guess he could stand firm and put a directive out saying NO municipality will be granted a waiver whatsoever. But they're actually pretty rare to begin with - usually in the case of some unexpected expenditure such as a town's water plant needing replacement or something like that. But then again, if you're in the position where you need a waiver in the first place, it means there was some poor financial planning in the first place and those politicians should be kicked out.
This year, however, I could see some towns getting shocked if, for example, they signed new a contract with the PBA and had state aid reduced on top of all of it. I can see a lot of towns not passing their budgets until well into the spring or summer next year. If a town misses its required date to pass its budget, there are virtually zero consequences whatsoever.
or they can do what my republican politicians did - impose 'service fees' that used to be covered under municipal taxes. it's a sneaky underhanded way to get around the cap, while beating their chests about being fiscally responsible.... leave it to the republicans, LOL.
or they can do what my republican politicians did - impose 'service fees' that used to be covered under municipal taxes. it's a sneaky underhanded way to get around the cap, while beating their chests about being fiscally responsible.... leave it to the republicans, LOL.
Ouch! Yeah politicians love "fees" which they believe are different than "taxes." Just out of curiosity - what are they charging you for? I heard one town was actually going to eliminate trash pickup from the local budget and have a private company send every resident an individual bill for pickup services.
Hmm... I wonder if Newark, Paterson, Irvington and Camden will be feeling the dropping of the budget ax as well, of if the gravy train will continue while the rest of us suffer. Christie better wake up and realize who elected him before this budget goes through!
The percentage of budget that comes from aid is available on the star ledger website New Jersey by the Numbers - NJ.com
It's less than 10% of the budget for most suburban towns. A small cut to that 10% won't make much difference.
That's not to say cuts or increases to state aid are good or bad. The point is that these towns are getting close to no state aid under the current system. Nothing left to cut.
Christie has four years to deal with NJ's horrendous financial state of affairs.
Like with Corzine and those before him he interviewed for the job, he got the job, now he has to accomplish the job to some degree or get fired.
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