The proposed Grow NJ bill in its current form undermines the Urban Transit Hub Tax Credit goals. We urge adoption of four amendments that will keep the incentives properly focused.
Tax Policies
Planning Advocates Call For Amendments to Economic Development Bill
Thursday, December 1st, 2011Compact Downtown Development Offers Property Tax Benefits
Thursday, November 17th, 2011An analysis of properties in New Brunswick and the Morristown area finds that compact downtown developments pay significantly higher property taxes per acre than lower-density development located outside downtown areas.
Proposal Would Reverse Policy of Targeting Energy-Efficiency Incentives to Smart-Growth Areas
Wednesday, October 12th, 2011The New Jersey Board of Public Utilities has issued a proposal that would reverse its policy of targeting energy-efficiency incentives to smart-growth areas, and is soliciting public comment.
On Balance, New Legislative Effort Keeps Urban Transit Hub Incentives Intact
Thursday, September 22nd, 2011Should a new bill that uses funds originally allocated to the Urban Transit Hub Tax Credit program raise a red flag for smart growth and transit advocates?
Memo to HR: Want to Attract Top Young Talent in New Jersey? Move to the Cities
Friday, August 5th, 2011Some employers in New Jersey are realizing that its hard to attract top young talent in the suburbs.
New Jersey Cities Breathe Sigh of Relief
Tuesday, July 19th, 2011Gov. Christie has put transitional aid to cities, accompanied by oversight mechanisms, back in the budget, but has said he wants to wean cities off this aid. Given a half-century of disinvestment in urban areas, that may not be possible as soon as he would like. Until cities’ property tax bases reverse their decline, state aid will still be needed to deliver critical services.
Bill That Undermines Tax Sharing Passes Committee
Friday, June 17th, 2011New Jersey Future opposes bill that would transfer the responsibility for funding the Meadowlands tax sharing program to the general fund.
Mutiny in the Meadowlands
Saturday, June 11th, 2011The Meadowlands’ long-standing and nationally-renowned regional tax sharing program is at risk. For over forty years, this system has enabled sound regional planning and environmental principles to guide the area’s renaissance, rather than competition for ratables.
NJ Towns to Compete in New Reality Show: “Ratable Wars”
Friday, April 1st, 2011With local budgets feeling the pinch of the recession, and the newly imposed two percent property tax cap looming, municipalities across the Garden State are struggling to make ends meet.
Governor Vetoes Historic Property Reinvestment Act
Friday, February 18th, 2011Despite enjoying bi-partisan support, the Historic Property Reinvestment Act was vetoed today by Governor Christie.
