In 2010, New Jersey adopted restrictions on local government budgets, limiting annual increases in overall property taxes to an average of two percent per year (with certain exceptions). Recent articles and press releases have pronounced this limitation a success, protecting taxpayers from continuing large increases in property taxes… Municipalities especially are multipurpose governments that provide public safety and health, public works, development review, solid-waste collection, libraries, senior citizen services, among others. A 2 percent cap forces decisions regarding the relative priorities among all the services. Making choices is a fundamental role of local governing bodies and forcing such decisions is appropriate…This article was written by Daniel J. Van Abs, an associate research professor for Water, Society and Environment at the Rutgers School of Environmental and Biological Sciences.
/ / / Opinion: Steering Clear of the 2 Percent Trap for Water Utilities