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Mindless-Budget9019 t1_iyawjxv wrote

Reply to comment by driftingwood2018 in Corrupted Jersey City Property Taxes by NTend7777

Drifting wood… not sure where you got your facts from. 10% of Pilot payments go to schools not 0%. https://www.nj.com/hudson/2017/04/jersey_city_will_share_tax_abatement_revenue_with.html The reason that Pilot payments were sometimes higher than what would be paid normally was because JC maintained a low regular property tax rate. (Other than the last two years.)

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driftingwood2018 t1_iyax36z wrote

Fulops executive order only applies to future abatements. Hence my comments about us paying the price for years (decades really) of financial mismanagement. For school tax revenues that is. Not the municipal budget which receives the PILOT revenues

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