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New Jersey Society of Certified Public Accountants, New Jersey Realtors and the Association of Municipal Assessors of New Jersey Publish Homeowner’s Property Tax Guide

the staff of the Ridgewood blog

ROSELAND, N.J. – In an effort to address questions that New Jersey homeowners have over how their property taxes are allocated and what’s at work when they pay their tax bill, the New Jersey Society of Certified Public Accountants (NJCPA) partnered with New Jersey Realtors and the Association of Municipal Assessors of New Jersey to publish the “New Jersey Homeowner’s Guide to Property Taxes.”

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Reader asks What will it take for the Council to take the plugs out of their ears and blinders off their eyes?

money

What will it take for the Council to take the plugs out of their ears and blinders off their eyes? Residents have been begging, pleading, showing how items can only bankrupt the town and make taxes even higher with no sign that the council has heard or read a word. If the library wants to grow (unnecessarily)it can self fund. Most of the tutors, self employed business people, and book readers are not even from Ridgewood. Self funding would include monies from these people and let the Ridgewood taxpayers alone from providing luxury items that everyone (including the library board–they just “want it” not “need it”) knows is not essential. If the board still feels it is necessary, start your fund drive and wait to see if you get one red cent to splurge on the library and take from libraries and towns who NEED the money just to survive. The council is all spend, spend, spend and who cares if Ridgewood has enough money to pay their new debts. And we thought the prior council was bad. The present one is composed of nice people with not one bit of economic knowledge in all their heads put together.

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Reader says Houston..we have a SPENDING problem

cottage_place BOE_theridgewioodblog

The cash river spend-a thon that has been flowing downhill from the VC on Raised Garage Bonding ,,centralized parking valets ala carte , skyjacking the parking rates and times ….blow up the train station parking for invisible compact cars that don’t exist in the
1000 dollar permit club up there …has everyone muscling in on the spend a thon…including rumors of a PAC no less..
Can’t make this up….meantime castle homes up in highlands are not selling and prices soft…Ie Tax re-evaluations requests for tax rate adjustments to come..
less cash in the VOR ACCOUNTS..PERFECT STORM..PS SCHOOL BUDGET 110 Million and growing . Houston..we have a problem ….reply : RESTRAINT ..voyagers..

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Reader says The value of my house since 2005 has gone down and overall high end values have been reduced 10-30%

for sale Ridgewood_Real_Estate_theRodgewopodblog

file photo by Boyd Loving

As a long time resident of Ridgewood my observation is that we are sinking fast and no one is working to save things. The value of my house since 2005 has gone down and overall high end values have been reduced 10-30%. Real numbers we paid 2.5m in 2005 rebuilt the entire house for an added cost of almost 1m and recently appraised at 1.7m and can’t sell it. This when taxes have gone from 27k to over 40k. The schools have eroded, the village is in shabby shape in many places, the commute to NYC assuming a village resident can get a parking spot after 6:45am is awful requiring a dreaded switch (no direct trains).
Really a shame and a study in how weak and inexperienced leadership can really drive down a community. We keep electing lightweights to village, school, and other positions and expect change.
Look for my house. Is is one of many with a for sale sign out front. Real sad but really time to go

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Reader says We actually need an emergency cost reduction plan for the next 18 to 24 months

We actually need an emergency cost reduction plan for the next 18 to 24 months.lets start with suspension of all but
the most serious Utility work where police idle in front of
minor utility work on side streets for no justifiable reason ,
when PSEG can be tasked on 90days notice to provide
OWN employee flag workers OR SUBS to protect the work site.
Let PSEG PAY THEIR PENSIONS AND Benefits .
For major wire or street closure or main Avenue Gas projects then let’s
focus the town police use where needed for those major
risks along with PSEG flaggers.
People we have to begin to get our house In order.
TOWN SPENDING IS OUT OF CONTROL.Day of reckoning ahead. People selling and moving out all around us…

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Ho-Ho-Kus Board of Education , Ballot Question : additional $450,000 in taxes for the 2018-2019 school year

Ho-Ho-Kus Board of Education

Ballot Question for Voter Authorization to Exceed Tax Levy Limitation
Question:

In addition to the regular budget, shall the Ho-Ho-Kus Board of Education raise an additional $450,000 in taxes for the 20182019 school year? These taxes will be used to restore cocurricular clubs and athletics that the Board of Education eliminated from the budget, hire an additional teacher, hire a security aide, and pay for technology equipment costs and the Board of Education’s STEAM program. Approval of these taxes will result in a permanent increase to the tax levy.

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PROPERTY TAX RELIEF PROGRAMS AVAILABLE TO RIDGEWOOD TAXPAYERS

Ridgewood_-Village_Hall_theridgewoodblog

PROPERTY TAX RELIEF PROGRAMS

Subscribe to NJ Tax E-News

All property tax relief program information provided here is based on current law and is subject to change.
 

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Ridgewood Teachers to Hold “Walk-in” to Protests lack of Contract

Ridgewood Teachers

file photo

the staff of the Ridgewood blog

Ridgewood NJ, it was is starting to seem like a regular thing the Ridgewood teachers’ union plans to conduct a “walk-in” on the very first day of school to protest working without a contract. The Contract between the district and the Ridgewood Education Association expired on July 1.

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Senator Pennacchio Urges Eligible Residents to Take Part in Senior Freeze Property Tax Relief Program

 

the staff of the Ridgewood blog

Montville NJ, In light of the affordability struggles many homeowners are currently facing in New Jersey, Senator Joe Pennacchio is strongly encouraging all eligible residents to apply for the Senior Freeze Property Tax Relief Program, before the October 31, 2018 deadline.

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Pascrell Fails to Accept Responsibility for New Jersey’s Failed Fiscal Policies

Bill Pascrell

“Pascrell Lambasts Latest Republican Tax Outrage”

July 25,2018

the staff of the Ridgewood blog

WASHINGTON D.C. ,  Today, Representative Bill Pascrell, Jr. (D-NJ-09), the Ranking Member of the Ways and Means Subcommittee on Trade, hammered the release of the so-called second phase of the Republican tax plan which announced that the egregious cap placed on federal deductions for State and Local Tax Deductions (SALT) would be made permanent.

“As New Jersey’s Yogi Berra liked to say, it’s déjà vu all over again. Another day, another attempt by congressional Republicans to stick it to Garden State. Already burdened with the highest property taxes in America, for years people in my state relied on the state and local tax deduction to provide their families with flexibility to pay their bills. Republicans took care of that, capping those deductions to help pay for a trillion-dollar tax cut for big corporations and big tycoons. Now Republicans are announcing the SALT cap is going to be made permanent to bedevil New Jerseyans for all time. We already know Republicans go out of their way to bring pain on the people of the Northeast. They said so themselves. But they keep trying to prove it again to us. We’ve had it with this garbage. The GOP tax scam should be overturned and the full state and local tax deduction reinstated. Let the top 1% pay their fair share and leave New Jersey the hell alone.”

Pascrell, made no mentions of the 50 or so years of unabated irresponsible fiscal policies of the state New Jersey or the “Garden State ” as he like to say. Pascrell like many New Jersey politicians likes to blame the abject failure of state policies on the federal government .

Pascrell has represented his district since January 1997 and in that time there has been massive flight of people and businesses out of the “Garden State” for far greener pastures .  New Jersey ranks at the top only in taxes and ranks near the bottom is business climate and quality of life . Perhaps he and his fellow  New Jersey representatives could spend far more time on the problems in the state of New Jersey and less time grand standing and name calling .