Bergen County Town Asks Voters to Raise Tax Cap
April 12, 2011 1 Comment
By Desiree Taylor
Northvale’s budget woes are similar to other towns that have higher pension and benefits costs coupled with shrinking revenue. They are having a difficult time staying within the state’s mandated two percent tax cap. That’s why town officials are asking voters to approve a referendum to exceed the cap by half a million dollars. If the referendum isn’t passed the town library may be closed.
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