Understanding Tax Revenue and Ratables

 

Our local tax burden is extreme, and the tax structure in New Jersey, with heavy reliance on local property taxes, places constant pressure on communities to increase ratables.   In some conversations it seems to be the only alternative available, and sometimes is a conversation stopper–who can argue with the need to reduce the tax burden?

This was one of the tricky topics to master while evaluating the Post Office proposals.   We reached the conclusion that tax revenue is often a secondary consideration when evaluating the potential at an individual site.   But before we got there, we had to learn a bit about assessments and tax bases–and that information was put into a powerpoint video for wider sharing:

 

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This site chronicles the five year public process leading to the construction of Clarus Maplewood.   We recently re-arranged it to provide easier access chronologically or by topic area.  Check out the changes here.