Tax Abatement Resolutions-Council Meeting Wednesday January 23
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Not too shy to talk
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Many of you know that Councilman Fulop has two resolutions going before the City Council regarding school funding this coming Wednesday. These resolutions are crucial to the future funding of our schools. ?The first stipulates that 5% of PILOT payments are "held harmless" and given to the Jersey Public Schools, which currently receives none of the tax revenue from abated properties. With local share anticipated to increase mightily due to the new funding formula, this is a critical first step in addressing the budget short fall facing our school district. The second resolution requires that the Mayor appoint 2 Board of Education members to his tax abatement committee. Many other states require more of a formal partnerships between the school boards and municipalities to ensure school funding is factored in when tax abatements are being considered. The Board of Education would therefore have a say in the tax policy that directly impacts their budget and our non-abated taxes. Given that public education is arguably the most important government service and is now coming back under City control, having Board of Education representation during these decisions is vital.?So if you can, please come out to the Council Meeting Wednesday January 23, 2008 at 6 p.m. (in P.S. #4 on Bright Street) to show your support. We need to show that there is strong support for these resolutions. To get on the speakers list call (201) 547-5150.
Shelley Skinner
Posted on: 2008/1/22 13:57
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