Submitted by Historical_Times_29 t3_xy2xpi in jerseycity
bodhipooh t1_irfdzza wrote
Reply to comment by Mindless-Budget9019 in More good news for JSQ! by Historical_Times_29
Don't worry about that. Property taxes will continue to increase for the next several years as the remaining state school funding cuts are phased in. Besides, we have a very low rate by NJ standards, so it is inevitable that the current rate will increase quite a bit over the next several years.
Mindless-Budget9019 t1_irfe505 wrote
Rate is less important than actual dollars paid
bodhipooh t1_irffeah wrote
lol... wut? Total dollars is totally dependent on the rate.
Mindless-Budget9019 t1_irffpnp wrote
Total dollars is also dependent on property values and property values in jersey city are high. People care about absolute tax dollars paid and not just rate.
bodhipooh t1_irftjlc wrote
Not sure what point you think you are making... If you want to pay less, you can move into a less expensive property. Ultimately, the fact is that total dollars are based on a simple equation:
(property tax rate) * (property value) = (total dollars)
How do you propose that result be lowered? The sum of all (total dollars) is what funds the municipal budget. If you want to pay less in property taxes you can either move somewhere else, or move to a lower value property within JC. But, bitching about total dollars paid in an online forum will not make the existing commitments magically disappear. We have a municipal budget, a county budget, and a school budget. The portion of the current tax levy represented by the school budget is slated to keep increasing for several more years. That's a fact. The municipal budget is not likely to shrink any time soon, so you can count on that remaining at the same level, or going up. The county budget seems to always go up, even if just a little bit. So... what is your proposal to lower "total dollars"??
Mindless-Budget9019 t1_irixylw wrote
Cut overinflated administrator salaries. Switch to a school voucher system. Rather than put the burden on property owners, perhaps school funding should be switched to so that everyone in the city contributes via income tax. Why do we even have a county levy and a municipal levy. There should be consolidation. There are a lot of things that can be done. The overall school budget increased compared to last year and not all of that was due to state cuts. It’s not just about me, it’s about the retiree who spent their life in Jersey City and now has to move because they can no longer afford it. It’s about the single working class mom struggling to make ends meet and now has to pay more money in property taxes. People just need to make the same effort in getting change that they spend trying to get certain politicians fired because of a traffic accident where they showed wanton disregard for human life. Arguably, the school levy affects their lives more.
jim13101713 t1_irfn75t wrote
We probably have the highest property tax rate in the state by price paid per square footage so I don’t think we have a very low rate by all metrics.
bodhipooh t1_irfsu0f wrote
It's impossible to have a rational conversation with someone who willfully ignores the basic facts. Property taxes are based on property value. PERIOD. There is no such thing as "our property tax rate is high when calculated based on square footage" because that's not even a thing. You are trying to change the definition to fit your idea of how things are or should be, but that's not a rational thing to do. The conversation is quite simple: in the state of NJ, we have one of the lowest property tax rates. That's an incontrovertible fact.
FloatingWeight t1_irfx3a6 wrote
We also live in the densest part of Nj, density should beget more efficient use of taxes, we’re not a small county in nj which for no good reason has its own PD and FD and school admin
well_damm t1_irfzru3 wrote
It’s that’s people have only moved into JC / Hudson county over the last several years. Our taxes are gonna go up because it’s becoming now an expensive place to live. They need their money.
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