Governor Chris Christie’s Bipartisan Pension Reforms Provide $557,557 in Property Tax Relief for Mount Laurel Residents

Trenton, NJ – October 17, 2011 – (RealEstateRama) — Governor Chris Christie today visited the home of Gary and Linda Cogan, 26-year residents of Mount Laurel, for his second consecutive day of conversations with property taxpayers to discuss the critical property tax relief his historic, bipartisan pension reforms are providing in their first year of implementation. In total, Mount Laurel will save $557,557 in its 2012 budgets alone, including township savings of $509,221 and school district savings of $48,336 from the reforms signed into law on June 28, 2011. Statewide, Governor Christie’s reforms will save New Jersey’s property taxpayers and local governments $267 million in 2012, making good on the Governor’s promise to drive down the skyrocketing cost of local government and to provide real, long term property tax relief.