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March 7, 2014

****URGENT LEGISLATIVE ALERT****

Re:       URGENT – INTEREST ARBITRATION CAP EXPIRES IN LESS THAN MONTH

Dear Mayor:

As indicated in our January 21 and February 7 letters unless the Legislature acts to extend the April 1 ‘sunset’ of the cap on arbitrator awards for police and fire our taxpayers will lose that essential protection.

That expiration date is only 3 weeks away, and we have yet to see the introduction of a bill that will meet the needs of our property taxpayers.

It is imperative that your State Legislators hear from you on this important issue. Please call your State Legislators, without delay, and ask them to sponsor or co-sponsor legislation making the 2% Interest Arbitration cap permanent.

If you have any questions or need additional information please contact Lori Buckelew at 609-695-3481, ext. 112 or lbuckelew@njslom.com.

Very truly yours,

William G. Dressel, Jr.
Executive Director

 

 

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