Christie administration critical of UEZ program

 The Christie Administration Thursday released a report critical of the Urban Enterprise Zone program, stating among other things it consistently fails to spend all of the tax revenue collected.

Christie said the state will again place that revenue in the state’s general fund to help avert deeper budget cuts.

In addition, Christie recommends realigning economic incentive programs, and continuing the Technology Business Tax Certificate Transfer Program.

http://www.politickernj.com/45138/uez-fund-diversion-irks-democrats

Christie administration critical of UEZ program