Jersey City Could See Tax Hikes

Property Taxes in New Jersey have always been a hot button issue; elections are won and lost on a politicians tax record. However, Jersey City is set for what could be a record tax hike in a worst case scenerio. Mayor Healy is blaming past decisions and debt service.

No doubt however, many city officials are regretting some of those tax abatements carelessly granted to developers. As the new developments fill up with residents, they are demanding services without fully paying for them. Meanwhile, anyone thinking that the Parking Authority is out of control, it could get worse: "The city also could be more aggressive in its collection of parking tickets." Be prepared for plenty more wrongfully issued tickets.