2012 Budget is adopted in 5-4 vote
As MSV predicted the 2012 budget passed in a 5-4 vote as amended. All members of MORTe voted no but none offered any cuts although they made claims to want to see taxes lowered.
Council President Ravi Bhalla noted the reductions in the tax levy of roughly 17% delivered on a promise by the Administration and noted the Newark Star Ledger named Hoboken in the top one percent in the entire state of NJ for tax reduction.
Earlier Councilwoman Beth Mason had said she was awaiting the mayor’s plan to reduce taxes. Councilman Peter Cunningham noted her actions cost Hoboken millions the council majority attempted to claim on behalf of the City’s taxpayers.
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