City business administrator Brian O’Reilly is likely breathing a little easier this evening, as both the state Senate and Assembly passed legislation allowing local governments to not pay half of their commitments to the state pension funds this year. The city budget that is slated to be voted into law on March 25 factored in [...]
At Wednesday night’s City Council meeting, the main topic on the agenda was the city’s Fiscal Year 2009 budget, but there were also eight ordinances signed into law, four ordinances introduced, a bunch of resolutions passed and … a couple of Lyndon LaRouche supporters.
- The city and developer Steve Hyman remain entangled in legal battles to determine the fate of the 6th Street Embankment. On March 2, Hyman is slated to ask the Historic Preservation Commission for permission to rip down the Embankment’s walls to proceed with Hyman’s planned housing development. – In the wake of the Jan. [...]
- The city budget that was introduced last week, already $15.7 less than last year’s budget at $460.2 million, also contains a more than $800,000 shortfall. City business administrator Brian O’Reilly says that gap will be bridged with cuts or increased revenues. As we’ve mentioned before, the shortfall will be nearly $16 million total if [...]
- The family of the girl who was shot in the face on Monday is fuming over a police search that left parts of their Van Horne Street home in shambles. The cops were allegedly looking for a gun, and may think that the victim’s 19-year-old brother had some sort of involvement in the shooting. [...]
- Mayor Healy announced his City Council slate last night. As expected, he replaced Ward B Councilwoman Mary Spinello with Phil Kenny, an employee of the County Freeholders’ office and a friend of District 2 Freeholder Bill O’Dea. In Ward C, businesswoman and community activist Nidia Rivera Lopez, wife of former Councilman Benjamin Lopez, will [...]
- Six months in, we have no budget. Jersey City seems to be waiting to see how Gov. Corzine’s proposed pension fund payment deferral plan shakes out before filing its 2008-2009 budget (the fiscal year started on July 1, 2008). If Corzine’s plan passed, it “would close the gap substantially,” Business Administrator Brian O’Reilly says. [...]
We read the JJ so you don’t have to: – The most significant story in the Journal today has city and county officials predicting “draconian measures” if Gov. Corzine’s plan to let localities defer paying half of their pension fund obligations does not pass. The bill foundered on Monday, not making it to the Senate, [...]
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