Monday, May 22, 2017

HudCo hits Hoboken with 6% tax increase

It's that time of year when Hudson County, the reigning champion of your Hoboken tax bill bequeaths you with their latest increase.

For Hoboken taxpayers anticipating the hit, Hudson County predicts it will be 6% for Mile Square taxpayers this year.

Among the three portions of the bill, HudCo took top honors surpassing both the municipal (City) and schools two years ago. It's not letting go of the top taxing position.

Mayor Dawn Zimmer announced a tax cut of about 1% showing over seven years an effort to keep the tax bill bite for Hoboken residents down - unheard of in the land of HudCo.

Hudson County Executive Tom DeGise

NJ.com broke the news writing:

Under the proposed budget, Jersey City residents would see the largest county tax increase, up roughly 9 percent from last year. West New York, Weehawken, and Hoboken could see about a 6 percent hike. East Newark would see about a 3 percent jump, and North Bergen would see just over a 1 percent increase.

For the first time in memory the Hudson County budget is not increasing but seeing an actual $2 million decrease but the tax levy will increase 4.2%. The total Hudson County budget is anticipated in the ballpark of $538 million when it sees a final vote of the County Board of Freeholders.



Talking Ed Note: If you thought this might be tied to an election year, you wouldn't be wrong. HudCo has its mostly unopposed slate of candidates up for re-election this year. Most of the unopposed candidates will be all but confirmed in the upcoming June 6th primary.

The November general election will similarly see token opposition.

It's great to live in a democracy. Do we need elections anymore? We can have our overlords decide everything for us locally and and nationally. They're shown they're motivated to do it whether we like it or not.