Possible Princeton Township taxpayers’ revolt?
Last Wednesday the Town Topics carried an ad that read,
Group Formed to Champion Taxpayers
A new group simply named the Princeton Taxpayers Association has been formed as an advocate for resident homeowners of Princeton Township who fear they will be financially driven from this community. Long term residents Jim McKinnon of Edgerstoune Road and Sheldon Leitner of Stony Brook Lane have joined to organize the group.
With property taxes up more than 50% in the past five years and projected to double again in another six or seven, we believe it is time for taxpayers to organize so that they have imput into the process and hold elected officials accountable for making the most prudent use of available resources.
The rapid uncontrolled rise in Property Taxes is an issue which should concern eveybody in town. More and more long term residents are being forced to sell. One long time Ewing Street resident noted sadly that many neighbors had already sold and moved and they were afraid they would have to follow them; then asked, “but where?” Also, for a growing number of residents the effect is multiplied as property taxes are no longer a deductible expense for Federal Income Tax purposes as they become ensnared by the Alternative Minimum Tax.
We are already seeing the effects. Has anybody noticed all the “For Sale” signs around town? Some say that this is people cashing in on the real estate boom but, the only ways [sic] to benefit is either to leave the area or trade down. Does this benefit the community? It certainly changes the demographics.
In California and Massachusetts, voters took the property tax punch bowl away from the politicians. In Massachusetts limiting both the total amount communities can levy by property taxes, including for schools, as a percentage of assessed value as well as year to year increases to 2 1/2% without going to the voters for approval.
The group desires to work with Township Committee and the School Board with the goal of limiting future spending and tax increases to the rate of inflation. The group is non-partisan and welcomes all who wish to participate.
The group may be contacted by email: email@example.com or by phone at 609-921-3732.
A friend just emailed saying there’s going to be a meeting Thursday, September 29 at the Hun School, 7:30 p.m.