TRENTON, N.J. - A state official who has been briefed on the budget Gov. Jon S. Corzine is preparing says property tax rebates won't be cut for New Jersey homeowners making less than $50,000 a year.
The official, who spoke on condition of anonymity not to upstage the governor's Tuesday budget address, says rebates will be offered on a graduated scale.
But rebates for senior citizens and the disabled won't be slashed.
Last year, rebates cost the state about $1.7 billion. The checks provide relief against the nation's highest property taxes, averaging $6,800 a household.
Households earning up to $100,000 averaged $1,115 last year; those earning $100,000 to $150,000 averaged $665. Those earning more than $150,000 got nothing, while renters got $80.
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