Urban Enterprise Zones Under Investigation

Do they work? That's the question as state officials investigate New Jersey's Urban Enterprise Zone (UEZ) program.

New Jersey's program is 26 years old, and exempts "participating businesses from paying sales tax on some purchases and offer incentives for job creation. Businesses in the zones can charge half the regular sales-tax rate - 3.5 percent - with some of the tax revenue going to local economic development projects and some to the state."

Two consultants have been hired to decide whether the program is worth the tax revenue - to the tune of almost $200 million dollars each year - or not.

Full Story: NJ’s UEZ program faces scrutiny from $160,000 consultant

Comments

Prepare for the AICP* Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $245
AICP CTP Storefont Display

The first online AICP* CTP exam prep class

Are you ready to take the AICP* Certified Transportation Planner exam?
Priced at $245 for May exam!

Essential Readings in Urban Planning

Planning on taking the AICP* Exam? Register for Planetizen's AICP * Exam Preparation Course to save $50.
$369 includes free shipping!
Book cover of Unsprawl

Unsprawl: Remixing Spaces as Places

Explore visionary, controversial and ultimately successful strategies for building people-centered places.
Starting at $12.95