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A new state legislative document showing that New Jersey can take control of Atlantic City finances under existing law highlights a plan that would prove more beneficial than a takeover bill lawmakers are weighing, Mayor Donald Guardian said.
February 26 -
New Jersey can seize control of Atlantic's City finances under existing state law even absent passage of a takeover bill, according to a new memo.
February 25 -
Newark Mayor Ras Baraka is calling for an audit of Port Authority of New York and New Jersey revenue related to the agencys lease agreement with the city.
February 24 - New Jersey
A $34.8 billion 2017 fiscal budget proposed by New Jersey Gov. Chris Christie will weaken the state's credit position and increase the chances of future bond downgrades if enacted, according to Municipal Market Analytics.
February 23 -
Atlantic City officials are not on board with a proposed state intervention plan pending in the New Jersey Legislature.
February 22 -
A new Atlantic City rescue bill proposed Wednesday would give New Jersey increased power over the city's finances in an effort to avoid bankruptcy.
February 18 - New Jersey
New Jersey Gov. Chris Christie remained staunchly opposed to raising taxes in his annual budget address.
February 16 - New Jersey
Atlantic City's fiscal distress is a credit negative for New Jersey's Atlantic County, according to Moody's Investors Service.
February 16 -
New Jersey could achieve more than $2 billion in annual savings by aligning public worker health care benefits more closely to private-sector employer standards, according to a new report released Thursday by Gov. Chris Christies bipartisan pension commission.
February 11 - New Jersey
Atlantic City, N.J., which is on pace to run out of cash flow by early April, has the fifth worst vacancy rate in the U.S, according to new data released by RealtyTrac.
February 11