City of Passaic, state disagree on budget woes

1P1-148983003

Publication: The Record (Bergen County, NJ)

Date: 2008-02-07 00:00:00

MEREDITH MANDELL, SPECIAL TO THE RECORD
The Record (Bergen County, NJ)
02-07-2008

City of Passaic, state disagree on budget woes
By MEREDITH MANDELL, SPECIAL TO THE RECORD
Date: 02-07-2008, Thursday
Section: LOCAL
Edtion: Passaic edition

PASSAIC — A recent state review of the city's finances suggests that the city could give taxpayers more of a break with the money it has sitting in its coffers.

But city officials say the state is mistaken and that much of the money in reserves is needed to pay off current salary contract settlements or is, in ...

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