TAX SHARING:
Introduction | How Tax Sharing Works | Theory and Operation
Procedures for Making the Adjustment Payment | Tax Sharing Payment Schedule
Amendments to the Intermunicipal Tax Sharing Formula
The Meadowlands Tax Sharing Payment Schedule
|
| CALENDAR YEARS 2011-2012 |
| |
Adjustment
Payment
CY2011
|
Adjustment
Payment
CY
2012
|
Calculated
Difference
2010-2012 |
|
|
Carlstadt |
($2,064,042) |
(2,148,930) |
($84,888) |
|
|
East Rutherford |
$120,220 |
$236,077 |
$115,857 |
|
|
Little Ferry |
($525,913) |
($533,452) |
($7,539) |
|
|
Lyndhurst |
($642,091) |
($705,020) |
($62,929) |
|
|
Moonachie |
($415,962) |
($438,227) |
($22,265) |
|
|
North Arlington |
$908,006 |
$950,407 |
$42,401 |
|
|
Ridgefield |
$1,208,561 |
$1,214,556 |
$5,995 |
|
|
Rutherford |
$104,637 |
$50,022 |
($54,615) |
|
|
South Hackensack |
($320,720) |
($325,527) |
($4,807) |
|
|
Teterboro |
$0 |
$0 |
$0 |
|
|
Jersey City |
$1,025,271 |
$1,126,525 |
$101,254 |
|
|
Kearny |
$4,045,611 |
$3,863,134 |
($182,477) |
|
|
North Bergen |
($849,612) |
($604,786) |
$244,826 |
|
|
Secaucus |
($2,593,966) |
($2,684,777) |
($90,811) |
|
|
| |
|
|
|
|
|
Total Receivable (CY2012) |
|
$7,440,720 |
|
|
Total Payable (CY2012) |
|
($7,440,720) |
|
|
* Figures in parenthesis denote payment into the pool.
|
|
|
|
