by Evelyn Bonilla

 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.
Continue reading Shop Bayonne! Introducing a Property Tax Reward Program
Mayor Mark A. Smith announced that Moody’s Investors Service has upgraded the City of Bayonne’s bond rating from Baa1 with negative outlook to Baa1 with stable outlook. Smith said, “This upgrade is very good news. It shows that Bayonne has made significant financial progress during my Administration. Moody’s has raised Bayonne’s rating for the first time in more than five years. Our hard work and fiscal discipline are paying off. We have turned a corner and are moving in the right direction.â€
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