The New Jersey Local Finance Board last week approved fiscal 2009 budgets for the city of Hoboken and the town of West New York. Both municipalities are under state supervision for failing to pass balanced operating budgets in a timely manner.
LFB officials approved a $124.3 million fiscal 2009 budget for Hoboken. West New York’s fiscal 2009 budget is $73.1 million, according to Daniel Horgan, the town’s attorney. Fiscal 2010 will begin July 1 for both jurisdictions.