Number of Mayors supporting "Cap 2.5" amendment increases
By Kyle Maichle
TRENTON, New Jersey: The number of Mayors across the State of New Jersey that support the "Cap 2.5" Amendment is increasing as now 57 more Mayors across the state support a possible ballot question to cap property tax increases at 2.5 percent.
The new support from the amendment comes from Mayors that lead local governments in Burlington, Hunterdon, Mercer, Middlesex, Monmouth and Ocean counties which are located in the southern part of the state. The new endorsements bring the total to 138 Mayors in 14 counties who are in support of the Governor's property tax reform measures.
The amendment is currently awaiting a hearing in legislative committee in which the amendment faces a July deadline in order to advance the amendment for consideration in both houses of the legislature. Governor Christie is urging the legislature to schedule a hearing on "Cap 2.5" in order to qualify the amendment for the November 2nd ballot in New Jersey.