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Tuesday, February 26, 2008
New Jersey Governor Jon Corzine announced this morning that he planned on eliminating three departments: Agriculture, Personnel and the Commerce Commission as well as eliminate 3,000 state employees from the payroll as part of his plan to balance the New Jersey budget next year. If Governor Corzine’s plan is in fact enacted, New Jersey’s budge next year will be approximately $33 billion, a dollar amount that is approximately $500 million dollars less than New Jersey’s budget this year.
During his speech this morning, Governor Corzine stated that “New Jersey has a government its people cannot afford” one in which “requires many unpleasant choices” and “will inevitably mean reducing spending in areas that we all support.”
The full text of Jon Corzine’s speech will be posted on The Property Tax Blog as soon as it becomes available.
During his speech this morning, Governor Corzine stated that “New Jersey has a government its people cannot afford” one in which “requires many unpleasant choices” and “will inevitably mean reducing spending in areas that we all support.”
The full text of Jon Corzine’s speech will be posted on The Property Tax Blog as soon as it becomes available.
Labels: Property Tax Reform
