FY2008 - Property Tax Reform















  
 


Budget Plan Summary
  • Republican lawmakers have submitted a proposal to cut
    just over $1.5 billion in unnecessary or wasteful spending...”

Recent state budgets have been characterized by excessive spending, stagnant funding for our schools and higher taxes. Assembly Republicans are offering an alternative to the continuation of these flawed policies in this year’s budget. Republican lawmakers have submitted a proposal to cut just over $1.5 billion in unnecessary or wasteful spending along with two resolutions calling for $1 billion to be dedicated to a property tax relief program and $300 million to be distributed to all school districts, except Abbott districts, based on enrollment numbers.

> Budget Plan Summary

Budget Cut List
  • ...money will be directed to enhanced property
       tax relief and school aid.”

Realizing that true, lasting tax relief can only be achieved through fiscal responsibility, Assembly Republicans have identified $1.5 billion in wasteful
or unnecessary spending that can be cut from this budget. These savings are being achieved through streamlining state government, consolidating departments, eliminating political patronage jobs, cutting waste and putting an end to unfair, politically motivated pork distributions. The money will be directed to enhanced property tax relief and
school aid.

> Tax Cuts and New Priorities (.PDF)
> FY2008 Budget 'Pork' Top Ten List
> FY2008 Entire 'Pork' List (.PDF)

Property Tax Relief
  • The Assembly Republican Blueprint for Property Tax Reform
    is a historic tax cut plan that is certain to deliver results.”

After watching their property tax bills rise an average of 35 percent over the past five years, New Jersey homeowners are demanding reform. Reforms can be instituted now, and permanent property tax relief can begin in 2007. All it will take is financial discipline and the will to end government waste, frivolous spending and fiscal abuses. The Assembly Republican Blueprint for Property Tax Reform is a historic tax cut plan that is certain to deliver results.

> Blueprint for Property Tax Reform
> Property Tax Committee Reports
> Average Town-by-Town Savings by Legislative    District (Downloadable .PDF)




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dot Budget 'Pork' Top
Ten List
dot Budget Plan Summary
dot Tax Cuts and New Priorities (.PDF)
dot Blueprints for Property Tax Reform
dot Property Tax Committee Reports
dot Avg Town-by-Town Savings by Legislative Disctict (.PDF)