(TRENTON) – Assembly Budget Chairman Lou Greenwald (D-Camden) released the following statement Tuesday after Legislative Budget and Finance Officer David J. Rosen told the committee he’s estimating $914 million more revenue over this and next fiscal year than was assumed in the governor’s budget proposal:
“This is welcome news for everyone, but especially for the hard-working New Jersey families who have been hit hard by the governor’s property tax hikes.
“We look forward to hearing from the treasurer later today.
“We’re all going to have to work together cooperatively from here on out to devise a plan that meets the needs of working class New Jerseyans. A lot of input will come into play and many tough decisions loom, but help for working class families must be our priority.
“The governor has failed to value working class needs such as property tax relief. That must change.
“This much is clear – the governor cannot continue to force working class New Jerseyans to carry the heaviest burden. The governor cannot insist upon another year of his property tax hikes for working class families.”