Archive for 2011

Property Tax: Friend or Foe

No matter what you hear from boosters selling you rose colored glasses or what you hear from detractors who think everyone who visits the Capitol City gets shot, Trenton’s economic situation is bad.  Our per capita income is about half the average for New Jersey as is our assessed property value.  We can’t afford our own municipal government, much less our schools.

We’re overburdened given our size and even with state and federal aid, our tax rate is high. The plain truth is that our tax rate for 2011 will be the highest in NJ.  In this regard, our property tax is definitely, “foe”. Read the rest of this entry »

Trenton’s Rebirth

“Trenton is in rebirth.”

That’s the claim Mayor Mack’s aid, Lauren Ira, made in her op-ed piece in the Trenton Times.  Along with that she criticized people like me for questioning the Mayor’s ELEC habits, the city’s poor contracting, it’s improper and misguided attempt to sell city homes.  We are chastised for complaining about the Mayor’s failure to discipline his brother, delays in appointing a cabinet and lack of a city budget along with other public missteps.  Read the rest of this entry »

Let’s Fix the Knowledge Gap on Trenton’s Finances

Trentonians have been kept in the dark for far too long about our city’s budget and economy.  Oh sure, administrations have done their perfunctory job of presenting numbers to the city council and the papers have carried a story here or there.  But no one’s ever explained the problem.

This coming Monday, February 7 that all changes. Read the rest of this entry »

City’s Housing Director should be fired

I’ve been patient both on this blog, on Facebook, in private emails and in person trying to explain how low income housing projects can’t generate enough tax revenue to offset the cost of supporting the residents.  I’ve gone on to explain what level of market rate development Trenton needs to achieve self-sufficiency.  I’ve made specific recommendations.  I’ve even started a citizen’s budget group to work with the Mayor and City Council on the budget and revitalization. Read the rest of this entry »