Readers says Financial Advisory Committee report and it contains inaccurate data, false assumptions
First of all the report does not say the village should not have a paid fire dept. I have read the Financial Advisory Committee report and it contains inaccurate data, false assumptions and more important than those it has incomplete data. The people complaining about high taxes here are only telling half of the story. You don’t hear those people complaining about the higher salaries they earn here than in other states do you? And of course they are not complaining of the high property values either especially when they are going up! By a percentage ratio N.J. residents pay a similar percentage of their homes value in property taxes when compared to other parts of the country.
The state of NJ and specifically the Village provides more services (like garbage pickup, recreation services for kids, local police & Fire services, assistance and social services for seniors, just to name a few) and an overall better quality of life for the tax dollars than most of the other states. When you look at the complete picture you see those who are complaining about property taxes are focusing on only one thing and not giving you the complete picture.
These are state averages of 2012 property tax as a percentage of home value.
New Jersey $7,318 2.32%
New Hampshire $5,230 2.18%
Connecticut $5,200 1.88%
New York $5,040 1.68%
Illinois $4,469 2.28%
Vermont $4,328 1.62%
Rhode Island $3,820 1.67%
Massachusetts $3,805 1.19%
Wisconsin $3,530 2.07%
Alaska $3,290 1.28%
The state of NJ and the Village provide more services (like garbage pickup, recreation services for kids, local police, assistance and social services for seniors) and an overall better quality of life for the tax dollars than most of the other states. When you look at the complete picture you see those who are complaining about property taxes are focusing on only one thing and not giving you the complete picture.
