Camden Is Slated For Over $60 Million In Transitional Aid
PHILADELPHIA (CBS) – Five New Jersey cities are in line for transitional aid from the state, if the Christie Administration and legislators can come to terms on how the program is administered.
For the second year in a row, Camden is slated for the biggest slice of the pie — some $61 million; $8 million less than last year.
City spokesman Robert Corrales says that would represent about 40 percent of Camden’s $158 million budget.
“Although we did not receive the full amount that we requested, we’re sure that we can offset that by some of the savings that we get in the pension reform.”
In all, the state is ready to hand out $117 million to assist towns that have long been dependent on state aid. Aid the Governor’s office seeks to eventually end. But all this is contingent on legislators making permanent state monitoring of the program, and recipient towns reporting every three months on how they’re cutting costs.
Reported By David Madden, KYW Newsradio