Gov. Chris Christie assured NJ101.5 host Eric Scott on his Ask the Governor program Wednesday that once his cap takes effect, property taxes will not rise more than 2 percent.
Here is the exchange:
Scott: “So you’re convinced that we are going to see in this next budget cycle property taxes generally not increase more than 2 percent.”
Christie: “Yeah, not the property tax bills you are about to get this August.”
Scott: “Right, but next Year.”
Christie: “But next year, yes.”
Scott: “There’s a lot of people out there governor that hope you are right.”
Christie: “Listen, I know I’m going to be right.”
Christie went on to explain that municipalities will be forced to cut services when costs of contracts rise above the 2 percent cap.