Shop Bayonne! Introducing a Property Tax Reward Program

by Evelyn Bonilla

buez luncheon March 1st 2013
Nick Campanella,  Managing Director   from  Fin Credit Inc. holding the “Shop Bayonne.” card at the recent March 1st, 2013 luncheon to announce the program to Bayonne businesses

 On March 1st the program was introduced to Bayonne business owners and Bayonne residents at a special luncheon hosted by the Bayonne Urban Enterprise Zone and the Bayonne Special Improvement District.   And a special mailing will go out to Bayonne Businesses and Bayonne residents explaining how the program works.

 “Shop Bayonne” is a program initiative that provides a tax credit to residents who make purchases from local businesses in town. Once you enroll in the program, you are assigned a property tax card similar to the reward cards you get in other stores; you’ll use it when you make your purchases with local merchants who are participating in the program. Residents who use their PTC-Property Tax Card will accumulate property tax dollars towards their tax bill.

 The program which has also been presented to other New Jersey municipalities is not designed just for property owners; it is also available to Bayonne residents who rent. The only difference is that renters who enroll in the program will receive a check at the end of the year for their discounted purchases which they have collected over time. The “Shop Bayonne” program is completely voluntary and is available to all Bayonne residents.