The Bottom Line

How would you feel if you were told that you could no longer move money from your savings account to your checking account? I know I would feel very threatened and worried if I could pay my bills.

That is exactly what is happening in Hoboken. On Wednesday, the city council failed to achieve the super majority of votes required to move line items from one bucket to another.

What does this mean for Hoboken?

Well, to begin with, it means we can't pay our bills, roughly $2 million dollars in expenses. Next, that means we will stop receiving services from our providers who have not been paid. Our credit ratings can be impacted, which in turn influences our ability to finance ourselves. Finally, it could ultimately mean a state take over, as our own city cannot manage its budget.

First a parking agreement and now a line item transfer.

Stop the madness. Urge your councilperson to vote in favor of this now.


More details at:

http://hoboken.patch.com/articles/city-unable-to-pay-roughly-2m-in-expenses

City Council Members Contact Information:

Beth Mason
beth@masoncitycouncil.org

Mike Russo
councilmanrusso@aol.com

Tim Occhipinti
timothy.occhipinti@gmail.com

Terry Castellano
email@castellanoforhoboken.com

Jen Giattino
JenGiattino@jenforcitycouncil.com

Ravi Bhalla
rbhalla@hobokennj.org

Carol Marsh
cjmarsh09@gmail.com

Dave Mello
dmello@hobokennj.org

Peter Cunningham
cunningham@hobokennj.org