NEWARK, NJ — On Wednesday, Jan. 11, Essex County Executive Joseph N. DiVincenzo Jr. presented a 2023 county budget of $885.4 million that includes a 1.5-percent property increase and addresses the challenges incurred by the ongoing national economic conditions and rising costs due to inflation, according to a press release from the county. DiVincenzo has […]
WEST ORANGE, NJ — Essex County Executive Joseph N. DiVincenzo Jr. announced Wednesday, Oct. 26, that the Essex County Utilities Authority has erased more than $102.8 million of debt and is now debt free. DiVincenzo also announced that the $3.4 million in savings generated from not having to pay the debt will be passed to […]
ESSEX COUNTY, NJ — Moody’s Investors Service has reaffirmed Essex County’s Aaa rating with a stable outlook in a review released on Wednesday, July 6. Essex County received the Aaa rating for the first time in 2018 and has maintained this highest rating in each of the last four years. “I view our ratings reports […]
ESSEX COUNTY, NJ — Essex and Union counties will share in a $250,000 state grant to assist in covering transitional costs related to the consolidation of Union County Correctional Facility operations within the Essex County Correctional Facility. The Division of Local Government Services of the New Jersey Department of Community Affairs provided the funding through […]
ESSEX COUNTY, NJ — Essex County Executive Joseph DiVincenzo Jr. announced his support of Gov. Phil Murphy’s proposal to borrow $9 billion from the U.S. Federal Reserve to balance the state budget. On May 29, DiVincenzo sent a letter of support to the governor. Included with this letter are signatures from 17 Essex County mayors […]
ESSEX COUNTY, NJ — Essex County Executive Joseph DiVincenzo Jr. announced his support of Gov. Phil Murphy’s proposal to borrow $9 billion from the U.S. Federal Reserve to balance the state budget. On Friday, May 29, DiVincenzo sent a letter of support to the governor; the letter was also signed by 17 Essex County mayors. […]
ESSEX COUNTY, NJ — On April 29, the Essex County Freeholder Board approved a resolution calling on Congress to expedite and pass all upcoming COVID-19 legislation providing financial assistance to county and municipal governments. The freeholder board supported the previously passed CARES Act, which provided financial assistance to individuals, small businesses and state governments. However, […]
ESSEX COUNTY, NJ — Essex County recently announced that approximately $5.4 million will be distributed to 14 Essex County municipalities and 34 community organizations through the Community Development Block Grant program and the Emergency Solutions Grant program. The CDBG and ESG programs are funded through the U.S. Department of Housing and Urban Development and administered […]
ESSEX COUNTY, NJ — Essex County Executive Joseph DiVincenzo Jr. presented a 2020 budget of $769.9 million on Jan. 10. According to the county, this budget stabilizes the county’s financial plan and addresses the challenges due to the ongoing national economic conditions; layoffs have been avoided since 2004 and budgets have been unveiled before the […]
ESSEX COUNTY, NJ — On June 30, Gov. Phil Murphy signed the Fiscal Year 2020 Appropriations Act into law. The budget lacked the governor’s long-supported millionaire’s tax, which had been vehemently opposed by N.J. Senate President Stephen Sweeney. While Murphy seemingly lost the fight for a millionaire’s tax, he hit back with Executive Order No. […]