Jersey City Will Get $120M From State Of NJ To Close Budget Gap
The aid would cut the remaining deficit to $80 million and help lower a 20 percent tax hike.
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The aid would cut the remaining deficit to $80 million and help lower a 20 percent tax hike.
The City of Jersey City is set to receive their full ask of $120 million in state aid, including $105 million in long-term, low interest loans, officials announced Monday morning....
An interim Jersey City budget report alleges that that City Hall is currently grappling with how to deal with $109 million in unpaid bills from the prior administration, nonetheles...
The Jersey City Council passed an emergency temporary appropriation (ETA) of $611,835,236.47 during last night’s meeting that spilled over into early this morning. By Daniel Ulloa/...
Jersey City Mayor James Solomon proposes a 20% tax increase in Q3 to help close a $255 million structural deficit and stabilize city finances. The post Jersey City proposes 20% Q3...
The Jersey City skyline. Officials say there's no getting around the city's huge deficit, even with a bailout from the state government. [ more › ]
Jersey City lands a $120 million state budget package of aid and loans, easing a $255M deficit and avoiding steep tax hikes and cuts. The post Jersey City lands $120M state budget...
Jersey City Mayor James Solomon touted the city’s proposed $886,546,594.16 municipal budget with a 15.5% tax increase in a phone interview yesterday ahead of Wednesday’s introducti...
Jersey City has secured a significant amount of emergency state financial assistance to help fill much of its massive budget deficit, the Solomon administration announced Monday mo...
With the Jersey City budget expected to be introduced at Monday’s City Council caucus, a battle has erupted over 31 layoffs from the administration, which has rubbed the majority o...
Three weeks after taking office, Mayor James Solomon announced that Jersey City was facing a staggering $250 million budget deficit and a fiscal emergency. Difficult decisions woul...
Jersey City Mayor James Solomon has unveiled a $886,546,594.16 municipal budget with a 15.5 percent tax increase set for first reading at Wednesday’s City Council meeting. By John...
Jersey City Mayor James Solomon discussing the budget at a meeting earlier this week. City leaders are weighing tax hikes and local service cuts amid a $255 million budget defi...
They are words no taxpayer ever wants to hear: tax hikes. But that’s exactly what could be coming to residents of New Jersey’s second largest city, as the mayor tries to fill a mas...
The 2025 financial audit of Jersey City will soon be released and outline the budgetary problems that led to a massive hole in the upcoming municipal budget, according to Finance D...
Jersey City leaders say they expect severe tax hikes and budget cuts, even after a record-breaking cash infusion from the state. Local leaders warn that steep budget cuts are s...
In an editorial, the SafeStreetsJC board explains how they see the City of Jersey City leaving $100 million on the table in the midst of a budget crisis. Jersey City has a big budg...
The Jersey City Council introduced an ordinance diverting cannabis tax revenue to the general operating budget to address the city’s massive budget deficit at last night’s marathon...
The Jersey City Council passed an ordinance on second reading establishing a 3.5 percent cap bank, which comes out to $20,840,802.24 to increase allowable budget appropriations at...
Councilmen Rolando Lavarro and Tom Zuppa have sponsored a resolution urging the New Jersey Office of the State Comptroller to investigate the “fiscal operations” of the Fulop admin...
Jersey City Mayor James Solomon discussing the budget at a meeting earlier this week. Mayor James Solomon is now calling for a 15% tax increase, down from an earlier plan for 2...
Jersey City Mayor James Solomon released his proposed budget this week. Mayor James Solomon released his official spending plan after weeks of fractious debate over taxes. [ mo...
Jersey City delayed a vote on a proposed 20% tax increase as officials seek spending cuts to address a $255 million budget deficit. The post Jersey City delays vote on proposed 20%...
In an editorial, Jersey City Ward F Councilman Frank “Educational” Gilmore is urging local families to start saving now since the municipal budget is going to inevitably come with...
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