June 29, 2009
Re: State Budget Signed
Today, in Trenton, Governor Corzine signed the Appropriations Act that will govern state spending between July 1, 2009 and June 30, 2010. See our June 26 letter for a snap-shot of the bill. (http://www.njslom.org/ml062609-summary.html)
"It could have been a lot worse," said League President, Mayor Tim McDonough of Hope Township. "The administration could have taken a lot more away from us, and they didn't."
“Today, we can be proud of a budget that honors our commitment to our children, seniors, and the most vulnerable,” Governor Corzine said. “It’s a budget that protects the working-class taxpayer and one which asks a little more of those who can afford it. This budget reflects an ethic of shared responsibility.”
You can access a copy of the Appropriations Act at http://www.njleg.state.nj.us/2008/BILLS/A3500/4100_U1.PDF.
As we look towards next year’s state budget, it will be vitally important that we work together to convince state policy makers that local leaders cannot be asked to sustain any further erosion in municipal revenue replacement funding. Municipal funding cuts postpone any progress toward meaningful and sustainable property tax relief.
Very truly yours,
William G. Dressel, Jr.
News Release from Governor's Office:
GOVERNOR CORZINE SIGNS $29 BILLION STATE BUDGET THAT REFLECTS ETHIC OF SHARED RESPONSIBILITY