Government officials not acting fiduciarily responsible

Prior to the pandemic in mid-March, NAIOP NJ had planned to convene several experts to examine New Jersey’s fiscal challenges, controlling costs at the local level and pension and benefits reform. In the subsequent four months, our national GDP has plunged 33 percent...

New Jersey Supreme Court hears GOP bid to block proposed borrowing

Repubican opponents of New Jersey Gov. Phil Murphy’s proposal to borrow up to $9.9 billion for offsetting COVID-19-related revenue losses was argued before the state’s highest court Wednesday and they said the state’s constitution and past legal precedent should...

In tight times, towns must embrace shared services | Editorial

State and local revenues have cratered since New Jersey was slammed by the coronavirus, and the need to cut costs by sharing municipal services has taken on a greater meaning. Data from the Department of Community Affairs (DCA) shows that Gov. Murphy is serious...

Tax relief on home renovations in Belleville? It could be happening

Marc Pfeiffer, the assistant director of the Bloustein Local Government Research Center at Rutgers University, said the increase in taxes would go up about 20 percent a year. Township attorney Steven Martino, who helped draft the resolution, said a resident would not...

Small NJ city at center of corruption probe as ex-lawmaker charged

“Elected officials should really watch who are they are appointing to positions, where they can appoint political patronage jobs. They really need to know who they are appointing because when it goes bad it brings down a lot of people,” said Marc Pfeiffer, assistant...

Local governments face financial crunch from coronavirus

The coronavirus pandemic has wrecked state finances – ballooning its spending, decimating its tax collections, requiring a federal rescue to keep it afloat. Similar stresses, though not as severe, are faced by local governments. “What they have in common primarily is...