Jersey City Faces ‘Staggering’ $250M Budget Deficit. Solomon Slams Fulop
Feb 04, 2026
Jersey City is faced with a $250 million budget deficit because of past “misdeeds, corruption, and incompetence,” Mayor James Solomon revealed Wednesday afternoon in a bombshell report. In the 24-page “Jersey City Financial Emergency Report,” Solomon laid the blame squarely at the feet of hi
s predecessor, Steven M. Fulop.
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