HOBOKEN, N.J. -- On Wednesday night, the City Council gave final approval to adopt the 2019 Municipal Budget that reduced the administration’s proposed tax increase by $642,000 to a lower rate of 1.7%. This budget includes full funding of city services and makes responsible spending cuts to protect the best interest of Hoboken taxpayers...

Council President Jen Giattino and Councilwoman Tiffanie Fisher, chair of the revenue and finance subcommittee, released the following joint statement:

"We're incredibly proud of this municipal budget containing a reduction in the original proposed tax increase because it is fiscally responsible, it supports essential city services and public safety and it was arrived through a thoughtful process with input from the City Council, the administration and the community. We are thankful to the State Department of Community Affairs for their assistance in finalizing the budget and ensuring that it met all legal and fiduciary standards. We are pleased that this compromise provides full funding for legal services to continue addressing crucial issues including our Tenant Advocate and the Monarch project appeal that was recently announced. Hoboken taxpayers deserve nothing less than this type of effective local governance that ensures taxpayer resources are spent wisely.”