Senator Steve Oroho (R-24) congratulated the Warren County Freeholder Board on a tax rate reduction that will provide county residents with property tax relief in the coming year. The Warren County Board credited the increased transportation aid from the State stemming from the tax reform and restructuring legislation that Oroho sponsored in 2016 with the reduction.
Sen. Steve Oroho congratulated the Warren County Freeholder Board on a tax rate reduction that will provide county residents with property tax relief in the coming year. (Flickr)
“The significant increase in state road aid that resulted from our tax reform efforts has alleviated a large expense for county governments, leading to the property tax cut that residents of Warren County will receive,” said Oroho. “By doubling local transportation aid to counties as well as municipal governments, we lessened the burden on local property taxpayers from bearing the full cost of infrastructure maintenance and improvements.”
Warren County Freeholder Director Ed Smith explained how the savings achieved by the county due to increased transportation aid from the State has allowed for a reduction in the county’s tax rate.
“Prior to re-establishing a steady cash flow from the Transportation Trust Fund, Warren County was looking at a potential 5 percent property tax increase just to maintain our current road infrastructure,” said Smith. “Thanks to the tax restructuring plan championed by Senator Oroho, the supplemental TTF aid now allows us to provide property tax relief to Warren County residents. I challenge other counties in New Jersey to do the same.”
“Warren County has a history of fiscally responsible governance and I am energized by this latest action,” said Oroho. “The tax reform and restructuring package we passed in 2016 envisioned property tax savings to residents and Warren County is following through. Their effort should be gratefully acknowledged.”
Senator Oroho has estimated that without the tax reform and restructuring legislation which reauthorized the State’s Transportation Trust Fund, households would have been looking at a $500 property tax increase.
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