“New Jersey has been in this unenviable position for a long time,” said Joseph Seneca, a Rutgers economist. “Property taxes are driven primarily by the costs of local government and public education, and the steady rise over the years in these costs.” In addition, local governments in New Jersey rely almost exclusively on property taxes, while in other states, local governments are funded in part by sales and income taxes, according to Henry Coleman, a Rutgers professor who studies public finance.
NJSPL Report: Analyzing the Use and Equity of ARPA Funds
Report Release: Analyzing the Use and Equity of ARPA Funds in NJ Local Governments and Beyond New Jersey State Policy Lab The American Rescue Plan Act’s Coronavirus State and Local Fiscal Recovery Funds (ARPA-SLFRF) represent a historic $350 billion investment to...