From the Daily Record:
New Jersey’s highest-in-the-nation property taxes continued to rise in 2011, although at a slower rate than in previous years, according to figures released by the state Department of Community Affairs.
The average annual property tax bill was up $183 from 2010 to 2011, to $7,759. That’s an increase of 2.4 percent, slightly more than half the 4.1 percent increase seen between 2009 and 2010.
In Monmouth County, the average property tax bill rose $248, to $8,040. That’s a 3.2 percent increase. Ocean County property owners saw their taxes jump an average of $618, to $5,434. That’s an increase of nearly 13 percent.
Statewide, Paterson saw the highest property tax increase, at 17.3 percent to $8,829, for municipalities with more than 250 residents. Corbin City, in Atlantic County, had biggest drop, at 20.6 percent. The town has about 500 residents, and homeowners paid an average of $3,328 in property taxes.
Over the years the state has attempted to mitigate some of the rise in property taxes by distributing rebates to property owners. Rebate checks, previously mailed in October, averaged about $1,000 during Gov. Jon S. Corzine’s administration.
From the Courier Post:
Gov. Chris Christie may not be the kind of leader who drifts whichever way the wind blows and changes his position based on polls.
But, if polls weren’t important to some degree as a barometer of voters’ opinions, then politicians wouldn’t rely so heavily upon them come campaign season.
An interesting new poll from Monmouth University/New Jersey Press Media finds that when it comes to lowering property taxes or lowering income taxes in the Garden State, a vast majority — 69 percent — think lowering property taxes should be the priority. Just 19 percent of poll respondents said reducing the state income tax should be the priority. Another 10 percent of those polled said both should be the priority.
As Christie turns the corner on the halfway point of his first term and prepares for a potential re-election bid in 2013, or a bid to some national office later, it’s understandable why he wants to lower state income taxes by 10 percent. New Jerseyans are overburdened by taxes and, for the governor, one of the least complicated taxes to lower is the income tax because it is directly controlled by the state.
The 2 percent cap on local government spending increases and property tax levy increases year-to-year was a great achievement. But, it has not lowered anyone’s property taxes. The cap has only slowed the pace of the tax increases.