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Jersey City Gets Lifeline Amid Budget Crisis | New York City News
Jersey City is getting a $120 million lifeline from the state to tackle a $255 million budget shortfall, with funds earmarked for debt repayment and restoring essential services. Mayor Solomon acknowledges the aid is crucial but warns a $90 million gap remains — forcing tough choices between tax hikes, spending cuts, and service reductions. Officials have already saved $55 million through smart moves like switching healthcare providers and shelving the Centre Pompidou project, while exploring new revenue streams like stricter code enforcement and higher development fees. The state’s aid — a…
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