Legislators: Trenton Doesn’t Get at e Cost Of Living Is Too High

that has the unenviable distinction of the highest property taxes in the nation. The State Budget is the state’s controlling document and, therefore, needs to be the centerpiece of fiscal reform and providing the fi nancial security taxpayers desperately need.

“Obscene levels in state spending, entitlements for persons in the country illegally, and political pet budget projects will not help taxpayers in the short or long term but will give them incentive to move out of New Jersey to states with reasonable tax rates. Many residents we serve are bracing for another round of toll increases that will only add to the fi nancial burdens imposed by Trenton. These policies include, but certainly are not limited to, increases in the gas tax and electric rates while at the same time political games are played with the state’s broken school funding formula.

“It is blatantly obvious that tax relief is desperately needed to stabilize taxpayers’ financial security, especially for those whose hard-earned tax dollars pay for State programs that they rarely qualify for under Trenton’s gimmick-ridden eligibility requirements. Yes, the ANCHOR program was a step in the right direction and gave reformers a glimmer of hope that Trenton was fi nally beginning to wake up to New Jersey’s affordability crisis.

“Responsible governing means prioritizing funding for core services and programs, especially those serving our most vulnerable citizens. However, state services aren’t any help if you can’t afford to live in the state in which they’re offered. State Budget deliberations to date have unfortunately shown the Administration’s policy mindset rests solidly with protecting government spending levels at all costs as opposed to sending excess tax revenue where it belongs- to the taxpayers.”

During the May 17 hearing of the Assembly Budget Committee, Assemblyman Rumpf raised concern to the State Treasurer about how the increasing cost of living in New Jersey has led 30 percent of middle-class residents to now be considered low income. The Assemblyman also questioned how the Administration’s use of federal pandemic relief funds for a new state Hall of Fame and the state’s bid for the World Cup would prepare New Jersey for a future pandemic. Additionally, Assemblyman Rumpf disputed the Administration’s proposal to spend millions of dollars on the Centre Pompidou x Jersey City, a satellite location for a well-endowed French Arts Museum, that could be far better utilized to help New Jersey’s most vulnerable citizens.

Property Taxes For ose Over 65 To Be Cut In Half

TRENTON – Governor Phil Murphy, Assembly Speaker Craig Coughlin, and Senate President Nicholas Scutari announced an agreement to deliver historic property tax relief for New Jersey seniors while making a third consecutive full pension payment, providing record aid for K-12 education, and maintaining a robust surplus to protect against an economic downturn.

“No one should have to choose between retiring in the place they’ve long called home and their ability to afford to age here,” said Governor Murphy. “When coupled with the 18 tax cuts we have already instituted or proposed for lower and middle-income taxpayers, this compromise agreement prioritizes equity and affordability to decisively level the playing field for New Jersey seniors.”

“StayNJ is about our future and our families’ future. StayNJ will fi nally give New Jerseyans the freedom to choose whether or not to stay in New Jersey in their communities and with their families when they reach retirement age,” said Assembly Speaker Coughlin. “Once you become 65, your property taxes will be cut in half or your rental aid will increase significantly and, combined with reduced health care costs, we believe we have taken a monumental step to make New Jersey more affordable for seniors. New Jersey is already a great place to live, work, and raise a family. Now it will

Working together, the Governor and legislative leadership have agreed to provide an immediate boost to senior homeowners and renters through the current ANCHOR program while phasing in and targeting Speaker Coughlin’s proposed StayNJ property tax relief plan to seniors who need it most.

The revised plan will now include renters and cap income eligibility at $500,000 in order to provide historic relief while containing costs and maintaining the fiscal responsibility that has led to a string of seven credit rating upgrades in the last 16 months.

The leaders have also agreed to provide an immediate $250 per year increase in aid through the ANCHOR property tax relief program to both senior homeowners and tenants over the next two years while StayNJ is implemented. Eligible senior tenants will now see their relief boosted by more than 35 percent to $700 per year and homeowners will receive $1,250 or $1,750, depending on their income.

The leaders also agreed on language that will ensure the State maintains a commitment to fiscal responsibility and affordability in subsequent years by guaranteeing a minimum surplus of 12 percent of expenditures, as well as the full contribution to the pension system and K-12 school aid, and the $250 income tax deduction for property taxes paid by veterans, senior citizens, and disabled individuals.

In order to address any administrative challenges, a commission will be created and tasked with making recommendations by May 2024 to implement StayNJ through a singular program and application in order to cut property taxes in half for eligible seniors. A maximum benefit of $6,500 will be indexed to future increases in property tax bills to ensure this continued goal is met.

The relief is expected to be delivered in the form of a direct credit on property tax bills in the fi rst quarter of 2026.

The six-member commission – including three members appointed by the Governor and three members appointed by the Legislature – will also be charged with simplifying and aligning the current ANCHOR and Senior Freeze programs to determine the best way to deliver the property tax cut for senior homeowners while ensuring renters are prioritized as well. The Governor will also appoint the Commission’s Executive Director.

The cost for boosting aid through the (Government - See Page 13)

Retinal Distress

Sudden brightness in your eyesight may be a sign of problems with your retina. It can come in the form of well-lit marks in your direct line of vision or flashes of light that make things temporarily brighter. When the light flashes happen frequently and are accompanied by floaters (tiny black or gray spots that drift across your vision), they may be a symptom of a detached retina or pressure on the retina, which can cause vision loss if left untreated. Migraines can also cause flashes of light that last for over minutes, even if you aren’t experiencing any kind of headache pain. If flashes of light occur after any type of head injury, immediate treatment should be sought.

A retinal examination is where we examine the back of your eye, including your retina, optic disc, choroid and blood vessels. We may use special eye drops to dilate your pupils, opening them wider so we can see the back part of your eye. The effects of these drops will not wear off for several hours. Your vision will be blurry, and you’ll have trouble focusing your eyes. Depending on your job, you might not be able to return to work immediately after your exam. To schedule an exam, please call SIGHTMD NEW JERSEY SUSSKIND & ALMALLAH EYE ASSOCIATES at 732-349-5622. We offer evening hours most nights of the week.

P.S. Flashes of light or increased brightness are not the same as light sensitivity and have nothing to do with sunlight.

PAUL ORLANDO ffl dealer/owner

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