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	<title>Comments on: Trenton’s budget is in worse shape than you think</title>
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	<link>http://livingonthenet.com/wordpress/trenton%e2%80%99s-budget-is-in-worse-shape-than-you-think</link>
	<description>What would an Economist recommend for Trenton?</description>
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		<title>By: patricia stewart</title>
		<link>http://livingonthenet.com/wordpress/trenton%e2%80%99s-budget-is-in-worse-shape-than-you-think/comment-page-1#comment-143</link>
		<dc:creator>patricia stewart</dc:creator>
		<pubDate>Wed, 27 Aug 2008 13:10:41 +0000</pubDate>
		<guid isPermaLink="false">http://livingonthenet.com/wordpress/?p=21#comment-143</guid>
		<description>I, too, am tired of hearing how all problems facing Trenton are the result of the STATE not paying the, &quot;market rate,&quot; tax rate (sorry for awkward wording).  Trenton is only one of 50 state capitals.  Right now, I&#039;m trying to find out how they survive.  A few are big cities, i.e., Boston and Atlanta; my interest is in the cities with a population similar to Trenton&#039;s, Annapolis for example.  One thing I do know, Annapolis gets NO help from the Feds.  Federal interest stops at the main gate of the naval academy.  Dan, I&#039;m so glad you can read a balance sheet.  PHS</description>
		<content:encoded><![CDATA[<p>I, too, am tired of hearing how all problems facing Trenton are the result of the STATE not paying the, &#8220;market rate,&#8221; tax rate (sorry for awkward wording).  Trenton is only one of 50 state capitals.  Right now, I&#8217;m trying to find out how they survive.  A few are big cities, i.e., Boston and Atlanta; my interest is in the cities with a population similar to Trenton&#8217;s, Annapolis for example.  One thing I do know, Annapolis gets NO help from the Feds.  Federal interest stops at the main gate of the naval academy.  Dan, I&#8217;m so glad you can read a balance sheet.  PHS</p>
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		<title>By: admin</title>
		<link>http://livingonthenet.com/wordpress/trenton%e2%80%99s-budget-is-in-worse-shape-than-you-think/comment-page-1#comment-91</link>
		<dc:creator>admin</dc:creator>
		<pubDate>Tue, 19 Aug 2008 14:32:24 +0000</pubDate>
		<guid isPermaLink="false">http://livingonthenet.com/wordpress/?p=21#comment-91</guid>
		<description>Stephen,

Perhaps I can decipher the budget enough to break out the state and county PILOT revenue numbers and put it in a follow-on analysis.  Likely I&#039;ll do this as part of the review of the 2009 Budget.

It&#039;s fair to treat this revenue differently than all the other state and county aid.</description>
		<content:encoded><![CDATA[<p>Stephen,</p>
<p>Perhaps I can decipher the budget enough to break out the state and county PILOT revenue numbers and put it in a follow-on analysis.  Likely I&#8217;ll do this as part of the review of the 2009 Budget.</p>
<p>It&#8217;s fair to treat this revenue differently than all the other state and county aid.</p>
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		<title>By: Stephen Doyle</title>
		<link>http://livingonthenet.com/wordpress/trenton%e2%80%99s-budget-is-in-worse-shape-than-you-think/comment-page-1#comment-86</link>
		<dc:creator>Stephen Doyle</dc:creator>
		<pubDate>Mon, 18 Aug 2008 19:29:10 +0000</pubDate>
		<guid isPermaLink="false">http://livingonthenet.com/wordpress/?p=21#comment-86</guid>
		<description>What is the most surprising about Trenton, is that in certain neighborhoods, such as our own lovely Mill Hill, the value of developed land is considerably higher than that of to most affluent burbs, say, Library Place in Princeton.  That number only works when you consider the cost per developed acre of the land.  The cost per developed sf is less competitive.  Consider the interchange of Route 129, Route 1, and the train tracks: there is over 15 acres of undevelopable land sitting there- underutilized by a poorly conceived and executed traffic interchange.  I don&#039;t mean to sit back and wag my finger at the State, but I think we all need to come to the realization that land is our most precious commodity in the City- and it needs to be considered as such in future developments and public works projects.  

I also wrote about the State office buildings because the State negotiates what is effectively a large PILOT agreement with the city- and while I don&#039;t know the number off hand, its a pretty big component of our &quot;State-Aid&quot;.  That money should never dry-up- unless all State offices evacuate the city.  It is another variable- the amount is usually touted as being much lower than a normal ratable would bear by the City- but there is not much leverage to negotiate a better deal.  I&#039;m remembering this information from years ago- so correct me if I&#039;m way off!  

Keep up these posts- they are eye opening.

-sd</description>
		<content:encoded><![CDATA[<p>What is the most surprising about Trenton, is that in certain neighborhoods, such as our own lovely Mill Hill, the value of developed land is considerably higher than that of to most affluent burbs, say, Library Place in Princeton.  That number only works when you consider the cost per developed acre of the land.  The cost per developed sf is less competitive.  Consider the interchange of Route 129, Route 1, and the train tracks: there is over 15 acres of undevelopable land sitting there- underutilized by a poorly conceived and executed traffic interchange.  I don&#8217;t mean to sit back and wag my finger at the State, but I think we all need to come to the realization that land is our most precious commodity in the City- and it needs to be considered as such in future developments and public works projects.  </p>
<p>I also wrote about the State office buildings because the State negotiates what is effectively a large PILOT agreement with the city- and while I don&#8217;t know the number off hand, its a pretty big component of our &#8220;State-Aid&#8221;.  That money should never dry-up- unless all State offices evacuate the city.  It is another variable- the amount is usually touted as being much lower than a normal ratable would bear by the City- but there is not much leverage to negotiate a better deal.  I&#8217;m remembering this information from years ago- so correct me if I&#8217;m way off!  </p>
<p>Keep up these posts- they are eye opening.</p>
<p>-sd</p>
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		<title>By: admin</title>
		<link>http://livingonthenet.com/wordpress/trenton%e2%80%99s-budget-is-in-worse-shape-than-you-think/comment-page-1#comment-85</link>
		<dc:creator>admin</dc:creator>
		<pubDate>Mon, 18 Aug 2008 17:59:49 +0000</pubDate>
		<guid isPermaLink="false">http://livingonthenet.com/wordpress/?p=21#comment-85</guid>
		<description>Stephen, 

Please don&#039;t be one of those people who use the &quot;state government&quot; excuse for Trenton&#039;s lack of ratables.  

There is no crowding out effect from government buildings.  Trenton simply has a large proportion of undeveloped or underdeveloped land.  Also, there&#039;s no reason to think downtown is particularly valuable unless you have data to back it up (certainly would be a worthwhile study).

Apparently TDA is doing a study of occupancy rates and hopefully rents.  Perhaps this study will make your point.  However, my guess is that other neighborhoods have higher residential values (my properties alone point to that) and also higher commercial values.

Every one of us in Trenton and especially the Mayor&#039;s office need to get off the bandwagon blaming lack of ratables on the state.  It&#039;s just not the problem.

That said, state policy is a large part of the problem.  The state is the principal culprit in funding affordable housing in Trenton, it built the highway&#039;s that tore the city into pieces, it owns the surface lots that are death to development and it implemented the tax and spending policies that led to NJ&#039;s sprawl.  

There&#039;s plenty the state of NJ has done to mess up Trenton but locating the Capitol there isn&#039;t one of them. And even if we&#039;d be better off without the Capitol, there&#039;s just not anything we can do about it so we&#039;d better just move on.</description>
		<content:encoded><![CDATA[<p>Stephen, </p>
<p>Please don&#8217;t be one of those people who use the &#8220;state government&#8221; excuse for Trenton&#8217;s lack of ratables.  </p>
<p>There is no crowding out effect from government buildings.  Trenton simply has a large proportion of undeveloped or underdeveloped land.  Also, there&#8217;s no reason to think downtown is particularly valuable unless you have data to back it up (certainly would be a worthwhile study).</p>
<p>Apparently TDA is doing a study of occupancy rates and hopefully rents.  Perhaps this study will make your point.  However, my guess is that other neighborhoods have higher residential values (my properties alone point to that) and also higher commercial values.</p>
<p>Every one of us in Trenton and especially the Mayor&#8217;s office need to get off the bandwagon blaming lack of ratables on the state.  It&#8217;s just not the problem.</p>
<p>That said, state policy is a large part of the problem.  The state is the principal culprit in funding affordable housing in Trenton, it built the highway&#8217;s that tore the city into pieces, it owns the surface lots that are death to development and it implemented the tax and spending policies that led to NJ&#8217;s sprawl.  </p>
<p>There&#8217;s plenty the state of NJ has done to mess up Trenton but locating the Capitol there isn&#8217;t one of them. And even if we&#8217;d be better off without the Capitol, there&#8217;s just not anything we can do about it so we&#8217;d better just move on.</p>
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		<title>By: Stephen Doyle</title>
		<link>http://livingonthenet.com/wordpress/trenton%e2%80%99s-budget-is-in-worse-shape-than-you-think/comment-page-1#comment-84</link>
		<dc:creator>Stephen Doyle</dc:creator>
		<pubDate>Mon, 18 Aug 2008 17:44:30 +0000</pubDate>
		<guid isPermaLink="false">http://livingonthenet.com/wordpress/?p=21#comment-84</guid>
		<description>You may also want to consider the relationship of land-use and ratables.  I&#039;ve heard from differing sources that the general downtown core of Trenton is composed of 50-70% state-owned facilities (that&#039;s the location with the highest inherent value).  Add to that, the relatively high proportion of non-ratable land use such as churches, non-profits, parks, utility easements and right of ways, as well as 5-10 year PILOTs in place, and the ratable situation in Trenton looks pretty bad.

It would be very interesting to try to compile a map of Trenton that indicates exactly how much of the 7+ square miles contributes towards ratables.  You are correct in that ratables are not the solution to our financial woes, but I would guess that only 20-30% of the Trenton land mass is currently generating property taxes.  

-sd</description>
		<content:encoded><![CDATA[<p>You may also want to consider the relationship of land-use and ratables.  I&#8217;ve heard from differing sources that the general downtown core of Trenton is composed of 50-70% state-owned facilities (that&#8217;s the location with the highest inherent value).  Add to that, the relatively high proportion of non-ratable land use such as churches, non-profits, parks, utility easements and right of ways, as well as 5-10 year PILOTs in place, and the ratable situation in Trenton looks pretty bad.</p>
<p>It would be very interesting to try to compile a map of Trenton that indicates exactly how much of the 7+ square miles contributes towards ratables.  You are correct in that ratables are not the solution to our financial woes, but I would guess that only 20-30% of the Trenton land mass is currently generating property taxes.  </p>
<p>-sd</p>
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		<title>By: Nicholas Stewart</title>
		<link>http://livingonthenet.com/wordpress/trenton%e2%80%99s-budget-is-in-worse-shape-than-you-think/comment-page-1#comment-79</link>
		<dc:creator>Nicholas Stewart</dc:creator>
		<pubDate>Mon, 11 Aug 2008 16:38:12 +0000</pubDate>
		<guid isPermaLink="false">http://livingonthenet.com/wordpress/?p=21#comment-79</guid>
		<description>Thanks for this analysis.  What is most unfortunate is how little we see in terms of progress from efficient use of Trenton&#039;s budget.  I am surprised we continue to receive state aid.   I would have expected the state to take control of Trenton&#039;s municipal government already.  Isn&#039;t anyone watching?</description>
		<content:encoded><![CDATA[<p>Thanks for this analysis.  What is most unfortunate is how little we see in terms of progress from efficient use of Trenton&#8217;s budget.  I am surprised we continue to receive state aid.   I would have expected the state to take control of Trenton&#8217;s municipal government already.  Isn&#8217;t anyone watching?</p>
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		<title>By: David</title>
		<link>http://livingonthenet.com/wordpress/trenton%e2%80%99s-budget-is-in-worse-shape-than-you-think/comment-page-1#comment-78</link>
		<dc:creator>David</dc:creator>
		<pubDate>Mon, 11 Aug 2008 02:17:52 +0000</pubDate>
		<guid isPermaLink="false">http://livingonthenet.com/wordpress/?p=21#comment-78</guid>
		<description>Nice analysis, but some of what you&#039;re seeing is the desired intent of the New Jersey constitution, which by restricting income tax proceeds to school aid and other property-tax offsets is actually set up as an income-redistribution scheme to low-property-value districts. Still, you are correct that to take advantage of what the state is offering, Trenton has to make good use of that transfer payment and wean itself from dependence in the long-run.

And also -- let&#039;s reinvent Trenton without dissing Camden! Things are really, really bad there, for sure, but &quot;ceases to be livable&quot; is a probably too simplistic a way to put it, since after all some 80,000 souls &lt;em&gt;did&lt;/em&gt; live there in 2000. True that many had no economic choice about it, given how young, poor and uneducated they were on average, but even then, there are many pockets of civility and virtue and possibly even more choice than one gives credit for.

One thing Trenton has going for it vs. Camden is a notably better housing stock. Camden is full of firetrap wooden row houses and undesirable 2-story bricks (both remnants of cheap shipyard housing), whereas Trenton has ample architectural diversity and much higher quality overall.

However, one thing that Camden has that Trenton does not (to my knowledge) is  a pretty cool website &lt;a href=&quot;http://www.camconnect.org/&quot; rel=&quot;nofollow&quot;&gt;CAMConnect&lt;/a&gt;, an urban indicators project hosted by Cooper Hospital. Talk about looking bad news squarely in the face... take a look at the neighborhood-by-neighborhood data. I wonder who will host a similar project for Trenton, since the city administration cannot manage this task itself? In fact, it could and should be done better in Trenton, maybe with assistance from one of the county&#039;s several universities.</description>
		<content:encoded><![CDATA[<p>Nice analysis, but some of what you&#8217;re seeing is the desired intent of the New Jersey constitution, which by restricting income tax proceeds to school aid and other property-tax offsets is actually set up as an income-redistribution scheme to low-property-value districts. Still, you are correct that to take advantage of what the state is offering, Trenton has to make good use of that transfer payment and wean itself from dependence in the long-run.</p>
<p>And also &#8212; let&#8217;s reinvent Trenton without dissing Camden! Things are really, really bad there, for sure, but &#8220;ceases to be livable&#8221; is a probably too simplistic a way to put it, since after all some 80,000 souls <em>did</em> live there in 2000. True that many had no economic choice about it, given how young, poor and uneducated they were on average, but even then, there are many pockets of civility and virtue and possibly even more choice than one gives credit for.</p>
<p>One thing Trenton has going for it vs. Camden is a notably better housing stock. Camden is full of firetrap wooden row houses and undesirable 2-story bricks (both remnants of cheap shipyard housing), whereas Trenton has ample architectural diversity and much higher quality overall.</p>
<p>However, one thing that Camden has that Trenton does not (to my knowledge) is  a pretty cool website <a href="http://www.camconnect.org/" rel="nofollow">CAMConnect</a>, an urban indicators project hosted by Cooper Hospital. Talk about looking bad news squarely in the face&#8230; take a look at the neighborhood-by-neighborhood data. I wonder who will host a similar project for Trenton, since the city administration cannot manage this task itself? In fact, it could and should be done better in Trenton, maybe with assistance from one of the county&#8217;s several universities.</p>
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