Despite no fiscal analysis for public, PILOT bill on fast track in New Jersey legislature

Despite no fiscal analysis for public, PILOT bill on fast track in New Jersey legislature

Article brief provided by The Press of Atlantic City
  • Michelle Brunetti Post, The Press of Atlantic City
December 5, 2021 11:39 PM
  • Michelle Brunetti Post, The Press of Atlantic City

There is no financial analysis available to the public on bills to amend the Atlantic City casino payment-in-lieu-of-taxes legislation, but the Senate version is set to move forward in the budget committee Monday.

Former state senator and Superior Court Judge Steven Perskie, who is advising Mayor Marty Small Sr., said last week he and city officials relied on an analysis by the state Department of Community Affairs and the state Treasury Department in deciding the amended legislation would benefit the city.

However, a Treasury spokesperson said it hadn’t done an analysis.

An administration source said the department did perform an analysis, but that it was “provided verbally to city officials,” not in writing, and is “considered consultative and deliberative since it’s an attorney-client work product.”