Introduction of 2016 Budget – City Council @ 7:00
Tonight’s City Council meeting will see the introduction of this year’s budget. Once again, it’s exploding health insurance costs in the seven figure range the dilemma.
Previous years have seen savings squeezed out of every corner of the budget but this year’s increases will likely see the need for a one or two percent municipal tax increase.
Also on the agenda, extending the PILOT for Clock Towers but income verification may be part of the new equation in Hoboken.
The 9-11 Memorial is aiming for final commission and construction this year. Let’s hope.