
by David Cruz, Senior Correspondent of NJTV News
Please view the video here.
Back in the early days of the Christie administration, the Republican governor unveiled a tool kit intended to give municipalities a way to control property taxes. Included in that kit was a 2% cap on public employee salary increases, salary arbitration awards and on local tax increases. The new governor allowed the salaries and arbitration award limits to expire last year, though. The 2% limits on local tax increases, however, was permanent, and that has created the potential for budget imbalances, which brought ...
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