New JerseyWildwood and Woodbine could qualify for New Jersey urban aid
If passed, Wildwood and Woodbine could qualify for urban aid through an added route based on the county’s highest effective property tax rate or a top 3% statewide distress ranking.
What it does
In sixth-class counties, fourth-class cities or other towns with 2,000 to 2,200 residents at the latest census could qualify for urban aid. Each must have the county’s highest effective property tax rate or rank among the state’s most distressed 3%.
Argument forIf the bill passes, Wildwood and Woodbine could receive urban aid, which may ease pressure on their local budgets.
Argument againstA city or town that meets the bill’s other tests might miss this route if its distress rises after the ranking date and it lacks the county’s highest effective property tax rate.
More detail
New Jersey would add another way for cities and towns to qualify for urban aid. This route covers fourth-class cities in sixth-class counties. It also covers other municipalities in those counties with 2,000 to 2,200 residents at the most recent ten-year census. The bill says Wildwood and Woodbine would qualify. Each place must have the county’s highest effective property tax rate or rank among the state’s 3% most distressed municipalities on the latest Municipal Revitalization Index. If enacted, the change would take effect immediately. The distress test would use the latest state ranking available on that date.
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Where it stands
- Introduced
- Passed 1st Chamber
- Passed 2nd Chamber
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Sep 17Introduced, Referred to Assembly State and Local Government CommitteeIntroduced
Taxes & BudgetGovernment & Ethics