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N.J. lawmakers eye tighter property tax cap
Just two towns have ballot questions before voters today looking to exceed the 2 percent cap on increases in property tax levies, but two state lawmakers are nevertheless prepping bills that would tighten their financial leash a little further.
At issue is the prospect that municipalities will turn to user fees to boost revenue while sidestepping caps on property taxes. Either way, homeowners pay more — perhaps through a fee for having garbage picked up or for calling for emergency services such as the fire department. (Symoms, Gannett)