Christie: Property Taxes Will Rise Due to Sandy
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According to Governor Chris Christie, homeowners in towns that were devastated by the hurricane will see their property taxes go up.
The state caps property tax hikes in towns at 2%, but the Governor pointed out that that law includes exceptions for emergencies.
In an article in the Washington Times:
"Christie says towns can maximize their federal reimbursement for storm cleanup costs by contracting with a state-approved firm. But he says storm-related costs that aren't reimbursed by FEMA will likely be passed along to taxpayers."