Jersey City Ward E Councilman James Solomon is rolling out his plan to cut waste and stabilize property taxes, stating that he’s honing in on “financial mismanagement.”
“Jersey City needs change – and that includes fixing our financial management. We must end irresponsible budgeting practices that lead to long-term tax hikes and instead implement the strongest financial controls by appointing experienced leaders in our Finance Department,” Solomon said in a statement.
“By rooting out waste and establishing New Jersey’s first independent municipal Inspector General, we will hold the City accountable and ensure fair contracting practices. Furthermore, I’ll fight for a fair share of state school funding and implement reforms that ensure developers pay what they owe, allowing us to bring down debt and maximize funding for our schools.”
The downtown councilman continued that in the last five years, the average property tax bill in Jersey City has increased by over 50 percent, which is more than $10,000 per household, with a significant additional increase anticipated for this year…