Mayors in towns across New Jersey will soon get ready to draft municipal budgets with no idea how much local transportation aid they should count on receiving from the state — meaning motorists are facing either more trips on dilapidated roads or higher property tax bills to fix them.
John Reitmeyer, NJ Spotlight
There’s a good reason why the New Jersey State League of Municipalities supports a healthy New Jersey Transportation Trust Fund; money from the fund helps counties and municipalities with infrastructure. So while people are against the gas tax, there are two things that they need to consider:
- Approximately 1/3 of gas tax revenue is paid by out of state drivers.
- As the article suggests, municipalities may be forced to increase property taxes if the Transportation Trust Fund goes bankrupt July 1.
Read the full story on NJ Spotlight: http://www.njspotlight.com/stories/16/02/03/trenton-stalled-on-how-to-refuel-running-on-fumes-transportation-trust-fund/
