Solomon signs exec. orders to audit all Jersey City tax breaks, lowering parade fees

Jersey City Mayor James Solomon signed executive orders to audit every all city tax breaks with developers, as well as lowering festival and parade fees.

He said hundreds of millions of dollars in tax breaks have gone to developers while working families have struggled to stay in their homes in Jersey City while some local nonprofits charged tens of thousands of dollars to hold festivals and/or parades.

“We found that no one has been checking,” Solomon declared about the PILOT agreements approved during his predecessor Steven Fulop’s tenure since the office tasked with evaluating them has been understaffed.

“We actually don’t know if the developers have been following the rules. Meanwhile, property taxes have gone up … We’re going to pursue any and all enforcement actions.”…

Story continues

TRENDING NOW

LATEST LOCAL NEWS