Redevelopment -- NJ State Comptroller's Report 2010
Document, Redevelopment – State Comptroller’s Report
08/18/2010 A Programmatic Examination of Municipal Tax Abatements
• The NJ State Comptroller recently expressed his concern about historical evidence of corruption of the redevelopment process (Boxer, 2010: 6, 13).
• Boxer indicated that more County and other officials should be “involved at earlier stages of the redevelopment process” and that there should be “fulsome public discussion” of redevelopment dynamics that goes beyond the “modicum of public notice” (Boxer, 2010: 22).
• The NJ State Comptroller concluded that redevelopment “Tax abatements offer relief only to a selected subset of taxpayers, using the political process to shift tax burdens” (Boxer, 2010: 25).
08/18/2010 A Programmatic Examination of Municipal Tax Abatements
• The NJ State Comptroller recently expressed his concern about historical evidence of corruption of the redevelopment process (Boxer, 2010: 6, 13).
• Boxer indicated that more County and other officials should be “involved at earlier stages of the redevelopment process” and that there should be “fulsome public discussion” of redevelopment dynamics that goes beyond the “modicum of public notice” (Boxer, 2010: 22).
• The NJ State Comptroller concluded that redevelopment “Tax abatements offer relief only to a selected subset of taxpayers, using the political process to shift tax burdens” (Boxer, 2010: 25).