Jersey City to Lay Off Nearly 300 Employees
By Shane Smith • Feb 11th, 2010 • Category: Blog, NewsHundreds of seasonal and provisional employees will be terminated on Feb. 26 as the administration attempts to rein in a proposed budget that has many residents fuming about a potential 25 percent property tax increase.
The city confirmed the layoff rumors this afternoon; it will send notice to the 278 affected workers Tuesday. The city predicts the move will save more than $1.3 million between now and June, the end of the 2010 fiscal year. Anticipated savings for the 2011 fiscal year are nearly $4.3 million.
The City Council is currently considering the draft budget for 2010, with a public hearing scheduled for Feb. 24. It is not immediately clear whether the anticipated savings will permit a reduction in the proposed tax hike — and if so, how much of one — but the administration has noted in recent weeks that layoffs have been under consideration since at least late last month, when the draft budget was introduced.
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Shane Smith is the managing editor of Jersey City Independent.
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