City's budget delayed waiting for state OK

Wednesday, February 27, 2008

Introduction of Jersey City's municipal budget has been put off for at least a couple of weeks as it awaits final approval from the state.

The budget, which includes an expected $8 million in state aid, was scheduled to be introduced at tonight's council meeting, but the state had not approved the aid as of yesterday afternoon, Business Administrator Brian O'Reilly said.

City officials said they expect the state to sign off on the aid and approve the budget soon.

The council plans to pass an ordinance allowing the city to spend 3.5 percent, or $11.7 million, more than the city spent last year on its operating budget. This ordinance is in keeping with state law that requires any increase over 2.5 percent to be authorized by ordinance, O'Reilly said.

The total municipal tax levy is expected to be between $149 and $151 million.

Taxes jumped this quarter by roughly $100 for property owners with houses assessed at $100,000, but O'Reilly has said he expects the municipal portion of those increases to be quashed given the increase in ratables in the city.

Tonight's meeting is at 6 p.m. at the Frank R. Conwell Middle School 3, 107 Bright St.

KEN THORBOURNE