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Reader says , “Cost of Professional Firefighters minuscule compare to the money pissed away on sports fields, parking garages and th bloated school budget.”

file photo by Boyd Loving

“The waste of tax dollars is the schools trying to educate your low iq offspring. I have lived here for half a century and there is zero chance of getting a sufficient number of volunteers. The ambulance can’t get enough to staff it during the day and that’s only requiring 2 people. Response time is critical. The rfd has always been prompt for fire and medical calls for my neighbors and those of us long time residents who subsidize you newby NY transplants and we are tired of your whining. The cost is minuscule compare to the money pissed away on sports fields, parking garages and th bloated school budget.”

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With new SALT limit, IRS explains tax treatment of state and local tax refunds

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the staff of the Ridgewood blog from the IRS website

WASHINGTON DC, The Internal Revenue Service today clarified the tax treatment of state and local tax refunds arising from any year in which the new limit on the state and local tax (SALT) deduction is in effect.

In Revenue Ruling 2019-11 (PDF), posted today on IRS.gov, the IRS provided four examples illustrating how the long-standing tax benefit rule interacts with the new SALT limit to determine the portion of any state or local tax refund that must be included on the taxpayer’s federal income tax return. Today’s announcement does not affect state tax refunds received in 2018 for tax returns currently being filed.

Continue reading With new SALT limit, IRS explains tax treatment of state and local tax refunds
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Bergen GOP Freeholder Ticket Blasts Murphy on Property Taxes and School Aid

the staff of the Ridgewood blog

Hackensack NJ, If Gov Phil Murphy is really interested in relieving he crippling property tax burden in for middle class families in Bergen County he will address the gross inequities in state education that provides little money for Bergen school districts and taxpayers, say the Bergen County Freeholder candidates.

Murphy is visiting Hackensack today to discuss his plans to raise taxes while proposing to help middle class taxpayers.

Continue reading Bergen GOP Freeholder Ticket Blasts Murphy on Property Taxes and School Aid
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Did You Know that Every New Jersey Property Taxpayer Directly Funds New Jersey’s Most Powerful Special Interest Group?

the staff of the Ridgewood blog

Ridgewood NJ, Last week, the Sunlight Policy Center of New Jersey issued a report that made news throughout the state, when we uncovered that the NJEA has been secretly funneling millions of dollars into a dark money group supporting Governor Murphy.

Continue reading Did You Know that Every New Jersey Property Taxpayer Directly Funds New Jersey’s Most Powerful Special Interest Group?
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Reader says,”There has always been a “turnover ” of residents but taxes will chase us out faster, and your taxes will go up exponentially”

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“I am contemplating retirement in a few years.
I am not rich, but I saved a few bucks and have no mortgage .
I actually like it here and lived in NJ all my life.
For those of us who do not have children in public schools (and never did) the biggest expense is the schools portion of the real estate tax.
If you want to keep us here to subsidize your kids, you better figure out a way to limit our tax increase.
If we leave, you can be certain our home will be purchased by a young family with children requiring an education
In the old days, many long time Ridgewood families stayed here for generations (and thanks to them it’s a nice town – before the vinyl siding and and lawn sign crowd moved here from NYC)
There has always been a “turnover ” of residents but taxes will chase us out faster, and your taxes will go up exponentially .
Residents with no kids in school get NOTHING in return while SUBSIDIZING those who do. “

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Will Ridgewood Follow Greenwich With a Collapse of Property Values

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the staff of the Ridgewood blog

Ridgewood NJ, according to Garden State Initiative , once the symbol of an affluent America , Greenwich, Connecticut is enduring a collapse of its real estate market as high-earners flee the high-tax state. This was typically preceded by these homeowners establishing residences in Florida or other more fiscally attractive states. This  sounds all to familiar, New Jersey? The storm that is currently hitting Connecticut’s real estate market is starting to impact New Jersey. As high end real estate values deflate, as is occurring in Greenwich, the taxes to support local governments and schools will be redistributed to moderate and lower value property owners.

Continue reading Will Ridgewood Follow Greenwich With a Collapse of Property Values
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Reader says , “We have reluctantly decided to give up on Ridgewood”

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“Well after almost 30 years in town and countless hours of debate we have reluctantly decided to give up on RW. We raised our children here, made some good friends, and enjoy many aspects of the area. But the village has just sucked every bit of tolerance from us. Property taxes north of $40,000 that will never go down, parking rates that are just ridiculous, can’t water the lawn, rampant nepotism and weak selfish leaders, an awful expensive commute to NYC, and a $111,000,000 school budget have combined to drive us out. All of this with NJ state seeming to do everything it can to also drive people out.

Anyone looking for a nice house on the west side let us know. Wish all well”

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Enormous $111 Million Ridgewood School Budget Will Result in $174 Tax Increase Per Home

the staff of the Ridgewood blog

Ridgewood NJ, The Ridgewood Board of Education has approved an enormous $111.6 million budget on Monday.

The average village home is assessed at $702,225 would see an increase of $173.96 om their property taxes .

Continue reading Enormous $111 Million Ridgewood School Budget Will Result in $174 Tax Increase Per Home
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Ridgewood Schools Strategic Planning Initiative 2019-2024

the staff of the Ridgewood blog

Ridgewood NJ, The Ridgewood Public Schools is embarking upon a strategic planning initiative to examine its strengths, challenges and opportunities. The public is encouraged to attend a public information session about the initiative, set for 7 p.m. on TUESDAY, April 2 at the Ridgewood High School Campus Center.

In addition, a community survey has been created we are asking all to take by Monday, April 8. We hope you will go to our website to RSVP for the Tuesday, April 2 info session and also access the survey link below.

https://www.surveymonkey.com/r/9XDK8YZ

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Ridgewood Schools Will See Big Jump in State Aid for 2020

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the staff of the Ridgewood blog

Ridgewood NJ, Governor Murphy today announced state school aid funding for his Fiscal Year 2020 budget proposal that provides record levels of support for New Jersey schools.

The Governor’s proposed budget would provide $15.4 billion to support schools, a record level for New Jersey education funding.

Continue reading Ridgewood Schools Will See Big Jump in State Aid for 2020