Sarlo says Christie plan will raise property taxes

Senate Budget and Appropriations Committee Chairman Paul Sarlo (D-Wood-Ridge) said that Gov. Christopher Christie should have used a $500 million surplus to close the New Jersey’s $2 billion deficit before cutting state aid to local school districts.

‘The lack of state aid will translate into school property tax increases across most of New Jersey,” said Sarlo, who called Christie’s plan “tantamount to punishing those who have planned and budgeted efficiently.”

“Three weeks into his administration, all we know so far about the Governor’s budget priorities are that they consist of an income tax cut for millionaires and a property tax increase for everyone else,” Sarlo said.

Sarlo says Christie plan will raise property taxes