“I am pleased that the court affirmed Governor Christie’s executive order and recognized this action was an appropriate step in order to deal with the fiscal crisis he inherited when he took office.  New Jersey is dealing with unprecedented financial challenges and bold decisions need to be made in order to get us through these difficult times. 

            “Those who refuse to acknowledge our fiscal problems need to face reality and understand they, too, must be part of the solution.  The court’s ruling confirms that accessing a school district’s surplus fund is not only within the governor’s constitutional authority, but is a logical approach in attacking the budget shortfall.  Residents who have seen their property taxes continue to soar are no longer a resource to support spending we can no longer afford.  Today’s decision represents a victory for New Jersey’s overburdened taxpayers.”