Local governments could “weaken” if this property tax law dies, ratings agency says

Counties and municipalities will feel a budget crunch if the state Legislature doesn’t renew a 2 percent cap on the salaries police and firefighters can win through arbitration, a Wall Street Rating agency warned Wednesday. Echoing local government officials who’ve warned of impending tax hikes and spending cuts if the cap expires Dec. 31, Fitch Ratings…

admin
About admin 1753 Articles
SAVE JERSEY supplies its readers with news, analysis and commentary from guest contributors as well as some of the Internet's best political content providers on a daily basis.