Brigid D'Souza, CPA, MBA | #GetCivic with Fiscal Literacy
Property tax appeals in Jersey City are due June 18th, 2018. This means: you must file your appeal by June 18th. The process of appealing – including appearing before the County Tax Board to make your case for lowering your assessment – will follow in the weeks after June 18th. A tax appeal is when … Read more
I received my new tax postcard in the mail yesterday so I figured I’d share a breakdown of how to read it. This is very similar to the former tax post card, with some notable exceptions: You can now see your NEW tax assessed value. This is the value assigned to your property by Appraisal … Read more
If you are new to the topic of abatements, I recommend my tax abatement series here including my 2015 article,”Jersey City PILOTs Rob Funding from the School System.“ This post is a refinement of my previous “Mapping Jersey City Abatements By Project Type and Ward” post. I wanted to update the data, and the map, to show … Read more
February 27, 2018. Appraisal Systems released a new batch of assessments this morning and I was most curious about tax change in systemically over-taxed areas. I was hoping streets in Country Village would be listed because, per estimates released by Jersey City in December 2017, Country Village is expected to see the largest dollar-for-dollar tax … Read more
This post is part of my effort to share information about Jersey City’s Property Revaluation. I wrote a Revaluation series last year which you can read here. In a citywide revaluation, your new assessment should equal your market value. When establishing market value of your home, one set of data that can be useful is … Read more
Jersey City Together Tax Appeal Workshop. In March 2017 I worked with a team of Jersey City Together leaders to provide a tax appeals workshop. We invited homeowners to meet with us to determine if their homes were over-assessed which, in turn, helped us determine if they were over-taxed. It was a cooperative civic action involving … Read more
I’m sharing a new map I created that pin-drops all abatements approved since Mayor Fulop and the current City Council took office*, i.e. since the summer of 2013. I created the map after reading Terrence McDonald‘s recent article from the Jersey Journal titled “Has Steve Fulop Evolved on Tax Abatements?” It’s a valid question and … Read more
Jersey City is undergoing a multi-month Revaluation process and appraisal firm ASI, Inc. is currently assessing all properties throughout the city. I wrote about the April 3rd Ward “A” revaluation presentation, hosted by ASI, Inc, and one promise from that meeting: that an interactive assessment map would be made available. Good news – that map is now available! … Read more
I attended the Ward “A” revaluation meeting on April 3rd and had a chance to listen to a representative from Appraisal Systems, Inc., the third-party appraisal firm hired by Jersey City to conduct the revaluation. Mark Duda presented; he is an ASI executive and the designated ASI “project manager” for Jersey City’s revaluation. ASI, Inc. is one of … Read more
Steven Fulop’s press person, Jennifer Morrill, made an egregious error on the record this month when she characterized tax appeals as not being based on sales prices. Tax appeals are, in fact, based explicitly on recent comparable sales prices. Ms. Morrill’s statement was in response to a story about a local resident, April Kuzas, who recently … Read more
Jersey City’s “Monopoly Mural” on Newark Avenue serves as a lens into Jersey City’s mural program, a fusion of private art and public space. The 33-square foot mural was the work of local artist Mr. Abillity. Mr. Abillity began painting the mural in late May, completed it in June, but by mid-July, the mural was gone. … Read more
This is a guest post from Jersey City resident and mortgage industry professional Susan Kulakowski. Susan reached out to me after reading my last post, “Property Revaluation 501: Mapping & Color Coding Jersey City Home Sales by Assessment-Sales Ratio.” She analyzed the map’s underlying data and provided a ward-specific lens into the upcoming property revaluation. She offered … Read more
This post is part of an ongoing series about property revaluation in Jersey City. I partnered with CivicJC to create an interactive map to help residents visualize 2015 property sales in Jersey City and their corresponding taxes. Recent property sales are informing because they are used as a proxy for market value when establishing the city’s annual equalization ratio. Click here to … Read more
This is part of an ongoing series about property revaluation in Jersey City. Note: this post presumes an understanding of the equalization ratio, which I previously wrote about in “Property Revaluation 101: the Equalization Ratio.” With Jersey City officials recently announcing that they would finally move forward with a property revaluation, a common question has emerged: “is my home currently under-assessed, … Read more
This is part of an ongoing series about property revaluation in Jersey City. Please note, an update given new state tax data reported in 2017: the 2016 equalized tax rate is reported to be 1.86%. This is the best predictor of what the new tax rate will be, post-Revaluation. I’ve been asked by a few people: “How … Read more
This is part of an ongoing series about property revaluation in Jersey City. In my last post, I explained how Jersey City’s low equalization ratio was a cause for revaluation. The reason: when a city’s equalization ratio is low, its market values have grown out of sync with its assessed values, and that opens the door to potential tax … Read more
This the first post in a series about property revaluation in Jersey City. Jersey City has been growing at a breakneck speed for the past fifteen years. As a city grows, it is required to stop along the way and revalue its real estate. This process is termed “revaluation.” Revaluation is about ensuring that tax assessed values – … Read more
A strong public school system is essential bedrock to a healthy community. Yet in Jersey City, our bedrock is threatened by a fiscal policy that is over-reliant on PILOTs. Here’s the crux of the problem: PILOTs help grow the city, which in turn increases demand for public schools. But PILOTed residents don’t pay school tax, leaving taxpayers to bear the burden of … Read more
As I explained in my last post, transparency around abatements is finally, slowly, increasing. As data is unlocked, taxpayers can glean greater insight into how their tax dollars are spent. To help with this effort, I’ve mapped the 146 abatements from Jersey City’s 2015 “user friendly budget” into an easy-to-use Google map. Let’s Get Civic with … Read more
Tax abatement reporting in Jersey City is finally getting more transparent. Two distinct authoritative bodies have mandated changes that require Jersey City (and other cities) to get onboard the transparency train. This news should come as a relief to taxpayers since abatements now constitute over 20% of Jersey City’s annual revenue yet have been sharply criticized by the NJ Comptroller as being too opaque and … Read more
Mayor Fulop announced last week the hiring of a new communications director for Jersey City, 26-year old Ryan Jacobs, at a salary of $110,000. The current communications director, Jennifer Morrill, earns $100,614 and will remain as press secretary “to assist…with day to day operations.” Jersey City taxpayers are now paying over $200,000 for spokesperson duties. A city … Read more
This is my 2nd article in a series about property taxes in Jersey City. The 1st article, “Jersey City Rising,” is available here. The General tax rate in Jersey City has increased 67% over the past seventeen years, from 4.46 in 1998 to 7.43 in 2014. Over this time period, there has been no City-wide revaluation, so this … Read more
Jersey City is a community on the rise. In the past ten years, dozens of new buildings have risen towards the sky along the waterfront, more residents are moving in, and public school enrollment is on the upswing. But as buildings, residents, and school enrollments have risen, so too have property taxes; for the average Jersey City … Read more
This past week, Mayor Fulop’s administration announced its recommendation to the City Council that Jersey City Medical Center (JCMC) be awarded the 3-year Basic Life Services (“BLS”) EMS contract at zero cost to taxpayers. This marks a positive, penultimate step in what has been a protracted, and often contentious, process to award Jersey City’s next 3-year … Read more
I sent this letter to the City Council members this morning. If you live in Jersey City and have similar concerns about funding variable interest rates, please feel free to copy/paste this letter and send from your own email account, or call your Council reps. Contact info is provided below the letter. Background on Open Letter On August … Read more
Jersey City currently rents office space at several locations other than City Hall for a total of about $2.7 million per year. To cut costs and give residents a single location (other than City Hall) to access services, the City wants to create a City Hall Annex (“the Annex”). A key question has become: how much money should the City pay for the new space? … Read more
Jersey City has been estimating the cost of its abatements incorrectly for at least eight years, and the impact to conventional taxpayers could amount to millions of dollars. Here’s the problem: Jersey City has been under-counting the number of (a) residents and (b) public school students that will eventually live in each abated building. The City has been using … Read more
The post below – originally published in November 2013 on my other blog – is a primer for an upcoming article that will show how the “Bright & Varick micro units” are now sitting squarely at the intersection of public schools, taxes, and abatements in Jersey City. Stay tuned as we connect the dots in Jersey City… The “Bright & … Read more
In my Abatement Series, I’ve discussed the basic premise of abatements, how they are funded, and the impact to conventional taxpayers. In this post I look at Mayor Fulop’s new tax abatement policy for Jersey City, which includes two notable components: Tiering System: A system of awarding abatements based on geographic location or project type1. Each “tier” … Read more
This is article #3 in my series about abatements. Article #1 is “Tax Abatements 101: The Basics” and Article #2 is “Tax Abatements 201: Abatement Impact on Conventional Taxpayers.” In my previous post, “Tax Abatements 201: Abatement Impact on Conventional Taxpayers”, I focused on the orange slice of the pie pieces below. In this post I … Read more
Mayor Fulop signed his abatement policy into effect by executive order on December 24, 2013. The policy was a clear departure from his campaign pledge, which included the promise to allocate abatement revenue to a “dedicated, non-discretionary account for education funding.” This prompted me to question: how effective is the new abatement policy, and what impact will it have … Read more
Last night at 6pm, inside Martin Luther King, Jr. (PS 11) school on Bergen Avenue, three new members of Jersey City’s Board of Education (“BOE”) and one incumbent member were sworn into office. The Board of Education is the governing body over the City’s 35+ public schools, which serve more than 28,000 students each year on … Read more
This letter was emailed to the Mayor and all nine City Council members on December 26, 2013 at 11:04am. Date: December 26, 2013 From: Brigid D’Souza, Yoo Lee, Matt Schoenfeld Subject: Concerns Regarding Basic Life Support (“BLS”) Emergency Medical Services (“EMS”) Contract To: Mayor and … Read more
The Jersey Journal reported on Friday, December 13, 2013 that Mayor Fulop and his administration want to change Jersey City’s EMS provider. I wrote a separate blog post here that goes into more background about both providers. The Jersey City Medical Center (JCMC) is the current EMS provider, and their current contract expires on December 31, … Read more
I often hear friends say “I don’t understand Twitter…” and then list a litany of reasons of why Twitter stinks. But if you live in Jersey City, then here is one reason you should use Twitter: to follow Jersey Journal reporter Terrence McDonald. Twitter is a tool, like anything else. You may not have much to … Read more
The genesis of CivicParent.org…. I live in Jersey City and on November 14, 2013 I learned that Mayor Fulop’s first abatement – the 3 towers planned for Journal Square – would not include dedicated funding for Jersey City public schools. I also learned that five City Council members, all of whom were Fulop-endorsed candidates, approved … Read more