News From Trenton · June 11, 2024
Why NJ Property-Tax Relief is Never a Sure Thing
Credit: Image by Oleksandr Pidvalnyi from Pixabay
Sprinkled throughout a lengthy task force report detailing ways to enhance state-funded property-tax relief, including programs for senior citizens, is the phrase “subject to appropriation.”
While easy to dismiss it as budget jargon, the phrase serves as an important reminder that the state’s most popular relief programs operate on a year-to-year basis and depend on the level of funding approved each year by the governor and lawmakers.
From NJ SEED: News From Trenton - June 11, 2024.