Paterson City Council Approves New Ambulances Amid Discussions on Fiscal and Community Matters

Overview: The Paterson City Council recently convened, resulting in the approval of key resolutions alongside discussions on pressing fiscal and community matters. Significant developments included the approval of funds for three new fire department ambulances, a debate on the transparency of a tax assessment issue, and the acknowledgment of community concerns and election integrity.

Merchantville Borough Council Addresses Budget Challenges and Debt Reduction

Overview: The recent Merchantville Borough Council meeting focused on addressing the financial challenges facing the community, particularly the need for a budget increase due to rising debt costs and an effort to ensure fair employee compensation amid inflation. The council discussed a resolution for the upcoming budget that includes a $30 monthly increase per household to manage debt and maintain municipal services. This increase, translating to approximately $360 annually for the average property, is intended to prevent service cuts and employee layoffs.

Wyckoff Council Approves Infrastructure Bond Amidst Concerns

Overview: The Wyckoff Town Council recently approved a bond ordinance addressing infrastructure projects and equipment acquisition, amid vocal concerns from residents over transparency, spending decisions, and behavior of committee members. The council, during a special meeting convened primarily to vote on the bond ordinance related to road resurfacing, faced scrutiny from the public regarding the necessity and costs of planned expenditures.

Easthampton Approves $600,000 for Tax Rate Stabilization

Overview: In a move aimed at alleviating some of the tax burden for Easthampton residents, the City Council approved a appropriation of $600,000 to the tax rate stabilization fund during a recent meeting. This financial decision was part of a larger council focus on managing city expenses and ensuring efficient operation of city services. Additional points of interest included discussions on substantial appropriations across various departments, the establishment of an opioid settlement account, and the support for local infrastructure improvements.

Paterson Celebrates Credit Rating Upgrade by Moody’s

Overview: Paterson has achieved a financial milestone with Moody’s upgrading its credit rating from BA1 to BAA3. The upgrade reflects the city’s improved financial management and decreased reliance on debt. The administration credited tough decision-making during challenging times, including health insurance changes, the initiation of a sewer utility, and a shift to a calendar year budget, as key factors leading to this achievement.