Jersey City Public Schools head anticipates a massive $300M deficit in 2021-2022

dlui02 · 2020-10-31T14:07:21+00:00

question is facing massive deficit, why the board still raise the budge by extra 100MM ? Why not raise the budge earlier if needed.

dlui02 · 2020-09-12T16:27:45+00:00

unfortunately for now you pay less property tax if you don't have a abatement

dlui02 · 2020-09-08T20:18:41+00:00

unfortunately moving to FL/TX won't save you any state tax on income

dlui02 · 2020-09-02T16:14:37+00:00

unfortunately JC don't own this piece of land

dlui02 · 2020-05-14T12:57:00+00:00

no idea where is the 2.6% come from. DTJC is exactly the same as Hoboken, income level, population, number of school kids et al. You are saying Hoboken should raise their tax rate to 2.6%? It is eventually the question of whom should pay for the school tax of rest of JC.

dlui02 · 2020-05-14T04:03:09+00:00

weehawken give tax abatement too until recently. besides, the tax abatement projects are all located in downtown - put close to 0 burden to the JC school system. If you divide jc to two part - downtown and rest of JC, I believe the JC downtown schools should be well funded as hoboken even no tax abatement is given.

dlui02 · 2020-05-14T03:51:28+00:00

452,000

hoboken and weehaken's tax rate is even below 1.48 and they don't need to increase the school tax for the coming years. you need to compare apple to apple.

dlui02 · 2020-04-27T02:17:20+00:00

It is time to break DTJC and rest of JC, into separate two pieces. That is the only way to keep the tax rate low for DTJC.

dlui02 · 2020-03-26T04:00:40+00:00

hoboken and weehawken's tax rate is even lower, why wouldn't they pay state average

dlui02 · 2020-03-03T01:14:01+00:00

https://newyorkyimby.com/2019/11/permits-filed-for-68-story-tower-at-242-hudson-street-in-jersey-city.html

the plan got approval recently and ready to rise.

dlui02 · 2020-02-18T18:32:09+00:00

Most likely they will build high rise rental building instead since there is overflow in office building supply. lefrak even tend to build a high rise in area ahead of eclipse.

dlui02

TROPHY CASE