New Hersey State of Muncicipalities FacebookTwitter Linkedin with NJSLOM       





   

April 14, 2014

Re:      Update on Interest Arbitration Cap

Dear Mayor:


League President Suzanne Walters, Mayor of Stone Harbor, delivers comments in support of the extension of the interest arbitration cap.

Earlier today League President Suzanne Walters, Mayor of Stone Harbor, and League Management Reform Chair, Wilda Diaz, Mayor of Perth Amboy and President of the Urban Mayors Association joined other local and county officials, State Legislators, the Lieutenant Governor and the Governor in urging the General Assembly to reconvene and reinstate the 2% cap on binding interest arbitration awards.

In her remarks League President Walters noted that “We all depend on the service of our police, firefighters and first responders, and greatly respect and admire their service.  But we also respect and admire the service of all public employees, and a failure to extend the cap on interest arbitration will force local budget makers to make deep cuts in services.  The Interest Arbitration cap is about budgeting within our means, keeping a control on local taxes and providing a level playing field at the bargaining table. We call on the Assembly to return to Trenton as soon as possible and approve the extension of the interest arbitration cap.”


Governor speaks at the April 14 press conference on the interest arbitration cap.

Perth Amboy Mayor Wilda Diaz, Chair of the League's Management Reform Committee and President of the Urban Mayors Association, delivers comments in support of the extension of the interest arbitration cap.

It has been over two weeks since the Governor conditionally vetoed and the State Senate immediately approved the bill extending the 2% cap on interest arbitration awards. The League supports the Governor’s recommendations and Senate’s action to advance the interest arbitration reform. 

Questions on this legislation can be directed to either Lori Buckelew at 609-695-3481 or lbuckelew@njslom.com x112 or Mike Cerra at 609-695-3481 x120 or mcerra@njslom.com.

Very truly yours,

William G. Dressel, Jr.
Executive Director

 

Privacy Statement | NJLM FAQ
New Jersey State League of Municipalities • 222 West State Street • Trenton, NJ 08608 • (609) 695-3481
  FAX: (609) 695-0151