Friday, October 30, 2009

Tripodi on Hoboken Now- Property Taxes going down an average of $400

Here is the latest update on property taxes by Amy Sarah Clark from the news blog Hoboken Now:

Hoboken's fiscal monitor, Judy Tripodi, told Hoboken Now in an exclusive interview this morning that taxes are going down hundreds of dollars.

Asked for a percentage, Tripodi said she didn't want to speak in percentages, but that she expected that taxes would be going down about $400 for the average residence, which is valued (for tax purposes) at $160,000.

The news that taxes would be going down was broken by Mile Square View earlier this week, but at that time, Tripodi declined to give a figure.

Many of the candidates running for mayor against acting Mayor Dawn Zimmer have said she has been holding back a draft of the budget until after the election to hide an increase in taxes.But according to Tripodi, not only are taxes going down, but that it's not Zimmer's call as to when the budget is released.

To read the rest of the story go to this link below:

http://www.nj.com/hobokennow/index.ssf/2009/10/hoboken_taxes_are_likely_going.html

My comment: We will have to wait and see. Now we have a fourth source that confirms Judy is in charge of the budget release and not the acting Mayor Dawn Zimmer. Of course, no mention of this on Hoboken 411. Surprised? I'm not. ◦
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