""Former Mayor Fulop left Jersey City with a historic $254 million budget deficit - larger than the cost of our police and fire departments combined and thirteen times larger than NYC's deficit.""
""Jersey City's economy is healthy, and we do not need long-term aid. We want to fix what the former mayor broke without forcing our residents to carry the entire burden through tax increases.""
""Jersey City's economy and housing production is critical to the health of the entire state, and our partnership with the Sherrill Administration will help keep New Jersey prosperous.""
Jersey City faces a $254 million budget deficit, prompting a request for $150 million in state aid. Mayor James Solomon attributes the crisis to former Mayor James Fulop's management. The city is considering tax increases and service cuts to manage the shortfall, which is significantly larger than deficits faced by other major cities. City officials emphasize the importance of Jersey City's economy to the state's overall health and seek to avoid burdening residents with further tax increases.
Read at New York Post
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