JC BOE Used Incorrect Tax Base Value in Its 2019/20 Budget: Explaining the Tax Math

The Jersey City Board of Education used an incorrect tax base value in its budget presentation. It then based its estimated per-homeowner school tax increase estimates on that error. This NJ.com report gives the initial report of the error: “The 2019-20 budget will increase the school tax levy by 10 percent to $136.5 million. The school … Continue reading JC BOE Used Incorrect Tax Base Value in Its 2019/20 Budget: Explaining the Tax Math