New Jersey’s insistence on maintaining the unique property tax structure created for Atlantic City casinos is costing Atlantic County taxpayers millions of dollars, according to one of the region’s highest-ranking public officials.
Atlantic County Executive Dennis Levinson said NJ’s ongoing appeal of a court ruling against the casino PILOT (payment in lieu of tax) program is tying up money that could otherwise be used to offset the taxpayers’ obligations in the annual budget.
During the 2024 budget presentation, Levinson said the county’s lawsuit against the state is “still at a standstill with no movement toward resolution,” according to local news reports.
