Hoboken Councilmen Paul Presinzano and Mike Russo are proposing municipal budget changes to get the 18.9 percent tax increase in the initial budget down to a range of about 3.2 to 5.3 percent.
“When a normal Hoboken family faces high fixed costs, they adjust their variable costs accordingly. We expect the same from our government. I have said it every year: there is no real plan to fix this. This year, we are the plan,” Russo said in a statement.
“The one core theme is that residents are just done with hearing that costs are out of our control. They elect us to give solutions, not reasons. So I have spent many late nights working on a fiscally responsible budget and pushing for structural changes, because that is the only answer that actually works,” added Presinzano.
The City Council voted 6-3 to introduce a $152,128,410.25 municipal budget with a nearly 19 percent tax increase last month, seeking to address a $17 million deficit that Mayor Emily Jabbour brought to the public’s attention in March, both as HCV first reported…