Submitted by No-Mycologist-9935 t3_zmfc2n in jerseycity
Should I expect another *33%* quarter over quarter increase in property tax bill because of the school budget increase?
Fun fact: this cost will be passed down to renters. You vote for it, you pay for it.
pixel_of_moral_decay t1_j0efpmp wrote
Next years budget will again see a pretty sizable hike. Inflation is still relatively high (but slowing), tax revenue for the state is expected to decline due to the economy, and Abbott dollars subsidizing JCBOE will continue to disappear as planned.
Not to mention high cost of living means JC like NYC needs to seriously consider raises for its employees if they don’t want to have staffing shortages due to people leaving for better paying jobs. Recruiters actively target city employees in NYC right now, and I don’t think an ordinance is going to slow that down.