HEALTH CARE COSTS COULD GO UP 12 PERCENT IN MUNICIPALITIES

There is a property tax cap in place, but expected property taxes to still be going up. A new report by the Star-Ledger suggests that towns could see a nearly 12 rise in health care costs next year, which is one of the exempted items in the new cap bill. This means that property taxes could rise above two percent, as long as the increase is coming from one of four exempted areas. It is being recommended that school districts health care costs go up almost six percent.

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