
JUNE 14, 2015, 11:52 PM LAST UPDATED: MONDAY, JUNE 15, 2015, 12:14 AM
BY LINDA MOSS
STAFF WRITER |
THE RECORD
Six towns have been waiting a month for their shares of nearly $2.5 million in revenue from a new hotel-room surcharge, which replaced a controversial tax-sharing arrangement when Governor Christie signed a bill overhauling oversight of the Meadowlands District this year.
The overdue money is contributing to an atmosphere of confusion in the Meadowlands four months after the New Jersey Sports and Exposition Authority absorbed the state Meadowlands Commission, the agency that had controlled planning and development in the 30-square-mile district for nearly half a century.
The law, which Christie signed in early February, ushered in the most sweeping changes to the region’s power structure in decades. The governor said it would give the Meadowlands a much-needed economic boost, while opponents worried that it would result in overdevelopment of an environmentally sensitive area of the state.
But the absorption of the Meadowlands Commission’s functions by the sports authority is having unexpected financial repercussions for the 14 Bergen and Hudson county municipalities that have territory within the district.