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Monday, June 21, 2010

Newark Mayor Booker endorses N.J. Gov. Christie's property tax cap

Newark Mayor Booker endorses N.J. Gov. Christie's property tax cap
Monday, June 21, 2010
State House Bureau
STATE HOUSE BUREAU
NEWARK -- Mayor Cory Booker Monday endorsed Governor Christie's proposed constitutional amendment limiting annual property tax increases to 2.5 percent.
Booker, a Democrat, said he is backing the Republican governor's plan -- along with the rest of Christie's 33-bill "toolkit" to assist local governments -- because "the moment for true reform has finally come."
"We have a historic opportunity here," Booker said, praising Christie's "guts and focus" on New Jersey's persistent struggle with high property taxes.
Christie and Booker rejected a competing proposal being introduced Monday by the Legislature's top Democrat, Senate President Stephen Sweeney (D-Gloucester). Sweeney's plan would cap annual increases at 2.9 percent and do it by law, not through constitutional amendment.
Sweeney says his plan would improve on the state's current 4 percent cap law, passed in 2007 under Democratic Gov. Jon Corzine, without crippling towns and schools through constitutional change. Sweeney would also provide exceptions for some of local governments' most trying costs, including health care, pension payments and energy.
Christie dismissed those as "Corzine Swiss cheese holes" that render the cap ineffective. The governor's cap could only be exceeded for towns' debt payments or if local voters choose to override it.
He also insisted that a statutory fix isn't lasting reform and a constitutional amendment must be put to voters.
"We can no longer count on the politicians to fix the problem," the governor said.
Christie said he is prepared to force action on his plan, which would have to clear legislative committees by July 6 or 7 in time to go on the November ballot. But Sweeney plans to send his proposal to the governor by July 1. Democrats have majorities in both houses of the Legislature, and Assembly Speaker Sheila Oliver (D-Essex) backs Sweeney's plan.
NEWARK -- Mayor Cory Booker Monday endorsed Governor Christie's proposed constitutional amendment limiting annual property tax increases to 2.5 percent.
Booker, a Democrat, said he is backing the Republican governor's plan -- along with the rest of Christie's 33-bill "toolkit" to assist local governments -- because "the moment for true reform has finally come."
"We have a historic opportunity here," Booker said, praising Christie's "guts and focus" on New Jersey's persistent struggle with high property taxes.
Christie and Booker rejected a competing proposal being introduced Monday by the Legislature's top Democrat, Senate President Stephen Sweeney (D-Gloucester). Sweeney's plan would cap annual increases at 2.9 percent and do it by law, not through constitutional amendment.
Sweeney says his plan would improve on the state's current 4 percent cap law, passed in 2007 under Democratic Gov. Jon Corzine, without crippling towns and