Thursday, May 16, 2013

Editorial: N.J.'s COAH money grab is the latest raid on property taxpayers

From: The Times of Trenton

It’s a classic case of “Catch 22.”
As they wait for state approvals for committing affordable housing funds, municipal officials throughout New Jersey find themselves fending off state attempts to take that money — because it’s not being spent.
But now that the state has been caught with its hand in the proverbial cookie jar, the case will go before a state appeals court June 5 to determine if the New Jersey Council on Affordable Housing is justified in commandeering as much as $164 million from the towns.

To read the whole editorial, click here.

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