New Jersey lawmakers successfully stripped all but a single tax hike on health care organizations from the state's new budget, but that doesn't mean your wallet won't take a hit this year.

Most residents of the Garden State will likely pay more in property taxes, which have steadily increased each year and claim the unwelcome title of highest in the nation. A restructured school funding formula is driving bigger bills for local services in some towns.

The budget impact goes beyond taxes, too.

Commuters on NJ Transit won't face fare hikes, but Port Authority riders likely will. And there are a slate of increases since 2016 that residents are still paying for, including an extra 27 cents for the gas tax and surcharges for rides on Uber and Lyft. Some economists and business owners say the responsibility to pay for the state's minimum wage boost may be passed on to customers.

How to fund the state's increasing liabilities for pensions and health benefits has divided top Democrats. Gov. Phil Murphy proposed a budget that increased revenues by about $500 million by raising the income tax rate on people who earn more than $1 million each year. Senate President Stephen Sweeney, D-Gloucester, pushed back, proposing his own slate of reforms to pensions and school districts he said would reduce state expenses and stave off large tax increases.

"Today, right now in New Jersey we absolutely have an affordability crisis," said Michele Siekerka, president of the New Jersey Business and Industry Association, which opposes new taxes and supports Sweeney's reforms. "We cannot continue to pass budgets that increase the costs of living, working and raising a family in New Jersey."

The average New Jersey homeowner has seen the annual property tax bill more than double in the last 20 years and paid $8,767 last year, according to state data. More than half of the average bill supports public school districts.

Not surprisingly, 80 percent of people thought property taxes were unfair and they weren't getting their money's worth, according to an April poll.

Before he signed the budget, Murphy acknowledged that sentiment.

"I will work with everyone willing to come to the table with ideas for lessening the property tax burden," Murphy said. "But, I will not negotiate away the retirement security or the healthcare of hundreds of thousands of middle-class New Jersey families."

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Residents who already feel overtaxed may not like the road ahead.

"Generally speaking there's not additional state aid going to municipalities" in the budget, said Marc Pfeiffer, assistant director of the Bloustein Local Government Research Center at Rutgers.

That means local taxing authorities — municipalities, counties and school boards — that want to give employees raises and pay increasing healthcare costs will turn to taxpayers if new assessments don't generate enough revenue. Property tax hikes are capped at 2 percent.

Last week the state Department of Treasury announced $100 million — more than 90 percent of the funding for municipal transitional aid — would be held in reserve. That's part of more than $235 million in Legislative spending the governor put on hold until the state collects a more than $1.2 billion surplus.

Transitional aid is sent to a handful of municipalities each year as grants to help pay for services. For example, in 2017 a $13 million grant was awarded to Atlantic City, where revenues have declined alongside the casino industry. Pfeiffer said the cut to transitional aid did not necessarily mean a bigger burden to taxpayers.

"There will always be a dispute in those municipalities if they don’t get money they are used to getting," he said.

But Sweeney had a different take. In a statement, he criticized the governor for delaying funding and "punishing those who disagree."

"It is an irresponsible move that could have serious consequences by ... refusing to provide timely aid to municipalities as they work to deliver vital services and hold down property taxes," the statement said. "This is an artificial freeze that is entirely about politics and nothing about finances."

Also adding to the property tax burden on residents in some New Jersey townships is a restructure of the state funding formula, which Sweeney championed and the governor signed into law.

An additional $200 million is going to school districts in need of funding, part of a several-year ramp up to fully fund schools. But that boost comes amid a restructuring that has left many districts in a frenzy over less money coming in.

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The funding reconfiguration was meant to more fairly fund districts and take changing enrollments into account. In practice, some previously underfunded districts are getting more money, while others are getting millions less from the state.

As a result, the average homeowner in Toms River will pay $58 more this year, a hike that still wasn't enough to stave off the reduction of more than 70 staff positions. The average homeowner in West Milford will pay $95 more as the 3,200-student district works to mitigate a six-figure drop in state funding.

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Several districts including Jersey City, which saw the biggest funding decrease this year at $27 million, are suing over the funding restructure, saying that even to raise taxes the full 2 percent allowed under the cap would not avoid cutting program and staff.

The single tax increase in the state's new budget, which began July 1, raises rates paid by health management organizations from 2 to 3 percent.

"Our budget eliminated almost all of the tax increases from the governor’s original plan and still did more to reduce the burden on taxpayers," Sweeney said in a statement. "While these are important steps, we know we cannot make New Jersey affordable and get at the root causes of property taxes without real reforms."

The $38.7 billion state budget is missing several of Murphy's top priorities, including increased fees on firearm purchases and some corporations and the so-called millionaires tax, which Democrats in the Legislature opposed — a move that won praise from President Donald Trump.

Murphy shot back.

"We all know @realDonaldTrump is fighting for millionaires like himself. I'm fighting for New Jersey's middle class and all those working to get there," Murphy tweeted.

Stacey Barchenger: @sbarchenger; 732-427-0114; sbarchenger@gannettnj.com