June 29, 2010
SPECIAL SESSION: TIME TO FILL THE TOOLBOX
Governor Christie has called a Special Session of the Legislature to convene this Thursday, July 1, at 10 AM to consider his Cap 2.5 proposal.
The New Jersey League of Municipalities has voted to support property tax levy cap reform, if and only if it is moved as the final piece, not the centerpiece, of vital property tax relief initiatives. Those other initiatives include binding arbitration reform, health benefits reform, mandates relief, flexibility to deal with pension costs, utility costs, disaster and emergency response costs and other costs imposed by factors beyond the control of local leaders, and conformity of any new local caps to a new State spending cap.
League Executive Director Bill Dressel offered the following statement,
“This is an historic opportunity, and one that cannot be lost. And what also cannot be lost is that the success of any cap, statutory or constitution, hinges on giving local governments the tools to lower costs for our taxpayers. An empty toolbox means draconian cuts in local services. Now is the time to fill the toolbox.”
Contact: Bill Dressel, Executive Director at (609) 695-3481 ext. 122.