Jersey City Mayor James Solomon lowered a proposed property tax increase. The hike is now 15%, down from an initial 20%. Solomon warns that no increase would cause mass city layoffs. The city faces a $255 million budget deficit. City Council members will vote on the revised proposal soon.
Jersey City, New Jersey
https://www.cbsnews.com/newyork/news/jersey-city-property-tax-increase-james-solomon/