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Trenton continues practice of skimming hundreds of millions of dollars in utility taxes

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Trenton continues practice of skimming hundreds of millions of dollars in utility taxes

It is once again looking like it’s “wait ‘til next year” for New Jersey’s mayors.

The budget deal hashed out by Democratic-controlled legislators last week will continue the practice of skimming hundreds of millions of dollars in utility taxes supposed to help municipalities provide tax relief will be used to balance the annual spending plan.

The move angered local officials who had made a big push to end the practice, or at the very least, take less during legislative hearings on the Christie administration’s proposed budget for next year, which begins July 1.  (Johnson, NJ Spotlight)

https://www.njspotlight.com/stories/12/0617/2214/

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