Since 2001, spending by local towns across New Jersey has risen by 70 percent, with average 4 percent raises for teachers each year playing a major role in the increases. During that same period, property taxes have risen by 56 percent.
You don't need to be a math major to know that you can't pay for a 70 percent spending hike with "only" a 56 percent increase in tax revenues. So how did towns make up the difference?
Answer: Trenton.
For many towns and school districts, the revenue gap was filled in with state aid. And that state aid has come largely from income taxes and other fees.
But then came the recession and the sharp drop in incomes - and income taxes.
And then came Chris Christie, handily beating the well-funded, union-backed incumbent Democratic governor, Jon Corzine.
Corzine did not lose because he wasn't smart enough or because he did not have enough campaign cash of his own. He lost because voters no longer had confidence that he could deliver on his promise to find ways to cut spending and deliver some measure of property tax relief.
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