Monday, April 9, 2012

City Council Live on the 2012 Budget @ 7:00



The full one hour meeting above.  

Will an amendment to give taxpayer monies to Council members to send mailers be presented and approved?  Tim Occhipinti is hoping so and has asked for those monies as what he is selling the public on his Facebook account is apparently not enough.

Councilman Peter Cunningham has requested such a proposal be presented with offsetting cuts.  Why bother?  No council member in their right mind would sign on to such a political stunt.

Well those who respect the taxpayers anyway.  Tune in at 7:00 for live coverage.

Updates:

The amended budget can be found at the link below:
http://www.hobokennj.org/docs/council/respack12/04.09.2012.cover.letter.and.budget.amendments.pdf

Hoboken resident Scott Siegel noted in the comment section:
Surplus also rises to $6 million (+$500m or 5% of budget).


Talking Ed Note 2: A full 5% surplus meets professional rating agency standards.  This can only be beneficial for Hoboken in the short and long term. 
(MSV is looking to confirm this adjustment.)


Hoboken Patch's story says the adjusted figures means a surplus of 3.6 percent.
(MSV has not heard back on an inquiry to verify this.)