Political Quotes

Bob Menendez Jr.: Now, when you lose 20 percent of your ratable base--I was a mayor for 6 years--that is a nightmare because there is no…

On the recordDecember 19, 2012
Now, when you lose 20 percent of your ratable base--I was a mayor for 6 years--that is a nightmare because there is no way to make it up except for shifting the responsibility for that community's cost to all of the other ratepayers and/or dramatically cutting the various central services.
Said by
Bob Menendez Jr.
Democratic · New Jersey

Editor's note · Context

Menendez describes the severe impact of losing tax revenue on community services.

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