Claim: Says State Comptroller Matthew Boxer "pointed out that many towns are artificially lowering the real estate values that they report to Trenton" in order to "get hundreds of millions of dollars of additional school aid. This is the kind of fraud that needs to be addressed immediately."
Fact-check: Michael Doherty claims New Jersey towns are artificially lowering property values to receive more school aid
Verdict: barely-true
Organisation: PolitiFact
Author: Bill Wichert
Date published: 2012-03-05T00:00:00