+ Follow

• 279 views

Property taxes in New Jersey are some of the highest in the nation, due in large part to the way the state funds its schools. This has significant land-use consequences: municipalities want higher-inco...

Property taxes in New Jersey are some of the highest in the nation, due in large part to the way the state funds its schools. This has significant land-use consequences: municipalities want higher-income residents in houses on larger lots because they cost less and bring fewer schoolchildren, and they want commercial development because the tax revenues are higher and the municipal costs are lower. These problems can be addressed by expanding the geography over which a school district has jurisdiction, so that costs and taxation are distributed more evenly.