JERSEY CITY – Mayor Steven Fulop planned to introduce to the City Council on Monday night the 2014 municipal Budget, the first budget of the Fulop Administration and one that reduces property taxes by 2.1 percent and provides the City Council flexibility to reduce taxes even further – up to 5.6 percent.
The budget, and accompanying budget book with analytics on departmental spending and revenue projections, was to be presented to the City Council at the caucus meeting at 5:30 p.m., City Hall, 280 Grove St.
The City Council will vote Wednesday at their meeting on whether to introduce the budget, which begins the process of budget hearings and ultimate adoption.
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