The Jersey City Council unanimously approved (9-0) introducing a $886,546,594.16 municipal budget with a 15.5 percent tax increase and a memorandum of understanding with the state for the terms of a $105 million loan at a marathon meeting last night. By Daniel Ulloa and John Heinis/Hudson County Vie w “Working people are being positioned against taxpayers. […] The post Jersey City Council OKs $886.5M budget intro with 15.5% tax hike, $105M loan MOU appeared first on Hudson County View. ...read more read less