December 10, 2010 – (RealEstateRama) — Assembly Republican Declan O’Scanlon, R-Monmouth and Mercer, released the following statement regarding an announcement by Governor Christie of a bipartisan agreement on arbitration reform which is a key component of the governor’s property tax reform Tool Kit package:
“Today’s agreement by Governor Christie with the legislative leadership represents another important step in the effort to provide relief to taxpayers by controlling local government expenses. The compromise will change the playing field not only as it pertains to interest arbitration, but for the collective bargaining process as well.
“The ultimate goal of this legislation and the other bills contained in the property tax reform Tool Kit is that it is sustainable and effective. While we cleared an important hurdle with this agreement, our work on achieving the objective of providing property tax relief is far from finished. We now must focus our attention on the remaining Tool Kit bills that will further help municipalities stay within the Cap 2.0 tax levy.”
