https://www.nj.com/opinion/2022/10/why-i-voted-no-on-jersey-city-budget-opinion.html

“The delay was completely unnecessary, and it raised your taxes by an additional $10 million. The city failed to submit its Annual Financial Statement by the statutory March deadline, instead turning it in in August. That document revealed a $36 million cash deficit that was previously unaccounted for — further delaying the budget vote so the city could address that deficit.

Ultimately, this delay is the reason that the city was unable to collect $10 million from its annual tax sale, and, as a result, Jersey City residents are being forced to shoulder that $10 million burden. This tax increase will fall entirely on your fourth-quarter taxes.”