Perth Amboy Submits Balanced Budget for 2024, Avoids Tax Increases
PERTH AMBOY, NJ – The City Council received a balanced budget for 2024, marking a significant achievement without resorting to tax increases. This success represents a collective victory for Perth Amboy, benefiting a vibrant community of families and businesses.
City officials extended their gratitude to the dedicated staff, including the Business Administrator and Chief Financial Officer. Their diligent work has not only guided the city towards financial stability but also secured an A+ S&P rating for 2024. This effort promises a brighter and more prosperous future for the city’s population exceeding 55,000, without the pressure of higher taxes.
This financial milestone highlights the strength of community unity and shared goals. It is a testament to what can be achieved when the city comes together, motivated by commitment and a unified vision for Perth Amboy’s future. The city looks forward to continuing this support for each other, building on the current success for a flourishing future.