Mayor Solomon reveals the financial condition of Jersey City | Screenshot
JERSEY CITY, NJ — Mayor James Solomon announced Thursday that he will take a $1 salary for 2026, a symbolic move he says reflects the severity of Jersey City’s newly revealed $250 million budget deficit. The announcement came just one day after his administration released a comprehensive fiscal report outlining what he called an “unprecedented” financial crisis inherited from the prior administration.
Deficit Tied to One‑Shot Revenues, Improper Budgeting…