DiVincenzo calls for return to 2-percent arbitration cap

DiVincenzo calls for return to 2-percent arbitration cap

ESSEX COUNTY, NJ — County Executive Joseph DiVincenzo Jr. renewed his request to Gov. Phil Murphy, Senate President Steve Sweeney and Assembly Speaker Craig Coughlin to reenact the 2-percent cap on interest-arbitration increases for police and fire employees Tuesday, Aug. 14. The measure was first introduced in 2011 and renewed in 2014, before it was […]

DiVincenzo presents proposed 2018 county budget of $725.9M

DiVincenzo presents proposed 2018 county budget of $725.9M

ESSEX COUNTY, NJ — On Wednesday, Jan. 10, Essex County Executive Joseph DiVincenzo Jr. presented a proposed 2018 budget of $725.9 million that, according to a press release from the county, stabilizes the county’s financial plan and addresses challenges stemming from ongoing national economic conditions. According to the county, layoffs have been avoided since 2004 […]

Moody’s upgrades county’s bond rating to Aa1

ESSEX COUNTY, NJ — Moody’s Investors Services has improved Essex County’s bond rating to Aa1 with a “Stable Financial Outlook,” according to a recent press release from the county. This represents an upgrade over the previous rating of Aa2 with a “Positive Financial Outlook” that was assigned in March 2016. Since 2003, Essex County’s bond […]

NJ Transit adopts fiscal year 2018 operating, capital budgets

Operating budget keeps fares stable; capital budget continues financial commitment to enhance overall customer experience

NEWARK, NJ — The NJ Transit Board of Directors adopted a Fiscal Year 2018 operating budget and capital program on July 12 that supports continued investments in infrastructure and equipment to maintain the system in a state of good repair and enhance the overall customer experience, according to a press release from NJ Transit. “NJ […]

DiVincenzo gives State of the County Address

ESSEX COUNTY, NJ — Essex County Executive Joseph DiVincenzo Jr. presented his 14th annual State of the County Address on Monday, Feb. 27, in the Essex County Hospital Center in Cedar Grove. The multimedia presentation outlined county achievements and improvement projects completed in 2016, highlighted the services and programs offered by Essex County and announced […]

Essex County presents 2017 budget proposal

NEWARK, NJ – On Wednesday, Jan. 11, Essex County Executive Joseph DiVincenzo Jr. presented a 2017 budget of $715.3 million. This budget is intended to stabilize the county’s financial plan and address challenges caused by ongoing national economic deficits. Layoffs have been avoided since 2004 and budgets have been unveiled before the state’s statutory deadline […]