Latest / Jersey City News Today | 2 Min News | The Daily News Now!
Jersey City Gets $120M Lifeline | Jersey News
Jersey City just landed a $120 million lifeline from the state, including $105 million in low-interest loans, helping avoid steep tax hikes and service cuts. After revealing a massive deficit and initially asking for $150 million, the city now has full approval — crucial for paying debts and tackling its structural shortfall. Residents and workers breathe easier as officials credit local advocacy and state partnership. But the real challenge remains: closing a $90 million gap, balancing relief for families with tough choices for city employees. The work’s just begun. Support the show:Get a…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.