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Paterson council approves budget introduction and a series of finance measures; several items moved to regular review
Summary
At a Sept. 9 special meeting the Paterson Municipal Council introduced the 2025 municipal budget (3.5% introduction), approved finance motions to adjust reserve and cap accounting, advanced an ordinance on cap banking and authorized a settlement after executive session. Several agenda items (including a UEZ plan) were moved to regular for more review.
The Paterson Municipal Council on Sept. 9 introduced the city's 2025 municipal budget and approved multiple finance measures, while deferring other items for further review.
In a procedural vote on Item 2 (resolution 25426), the council voted to introduce the calendar-year 2025 municipal budget by title only. Administration officials said the introduction reflects a 3.5% levy increase and uses $1,000,000 from reserves with DCA concurrence to narrow an earlier 5.6% proposal. Council President Mims said the city faces a $33,000,000 deficit and that the introduction…
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