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County Executive Guy presents 2025 Hudson County budget, cites AA-minus rating and no layoffs
Summary
County Executive Craig Guy introduced the 2025 proposed Hudson County budget at the May 6 caucus, saying the county’s fiscal house is strong (AA-minus), no county employees will be laid off and most taxpayers will see only modest county-tax increases; a public hearing is set for June 11.
County Executive Craig Guy presented the County’s proposed 2025 budget at the Hudson County Board of County Commissioners caucus on May 6, praising county finance staff and saying the plan preserves services without laying off employees.
Guy thanked Chairman Anthony Romano, County Administrator Abraham Antun and his finance team — County Finance Director and CFO Cheryl Fuller and Deputy Finance Director John Inagaki — for crafting the proposal and said Hudson County’s bond rating is “AA Minus,” calling it “practically the highest quality rating.” He told commissioners the budget results in an average taxpayer in most municipalities seeing only a modest increase in county taxes and said “we are not laying one employee off in this County.”
The county executive also warned of potential federal funding reductions and named the presidential administration, saying recent cuts to an Environmental Protection Agency grant had already affected local water-pollution and green-jobs workforce programs. Guy urged the board to work with municipal and state partners and the congressional delegation to protect county services and to preserve the budget’s priorities.
County Administrator Abraham Antun and staff said copies of the detailed budget would be distributed to commissioners and that departmental budget hearings would be scheduled at the end of May. The board introduced the budget for 2025, set publication in the Star-Ledger (May 24) and scheduled a public hearing for June 11 at 5:30 p.m.
The caucus discussion included repeated emphasis on fiscal oversight: administrators asked department heads and constitutional officers to justify staffing changes and overtime requests and to keep budgets under control to avoid drags on taxpayers. The county executive and commissioners said they will continue negotiating with unions and meeting pension obligations for police, fire and public-employee systems.
