http://thehobokenjournal.blogspot.com/2009/02/california-and-kansas-budget-woes-is.html
Here is the summary of all three stories on the NJ Budget Shortfalls:
Faced with a deepening budget crisis and NJ's deficit up another $1.5 Billion to $3.6 billion this year, Gov. Jon Corzine today called for a two-day furlough of state workers and warned of more furloughs or layoffs if unions do not accept a wage freeze starting in July. In response, state officials are planning two unpaid furlough days for state employees, one each in May and June, saving $35 million. State Treasurer David Rousseau said the furloughs can be done without the consent of public worker unions, which have already objected to a proposed salary freeze.
With budget crisis worsening, Corzine calls for 2-day state worker furlough
http://www.nj.com/news/index.ssf/2009/02/with_budget_crisis_worsening_c.html
NJ's deficit up another $1.5B; furloughs planned
http://app.com/article/20090217/NEWS0301/90217078&referrer=FRONTPAGECAROUSEL
Corzine proposes state employee furloughs, cuts NJ budget
http://www.pressofatlanticcity.com/186/story/405166.html
My take: The Local Hoboken Unions need to take note of what is going around the country and the State of New Jersey in terms of budgetary shortfalls and manage their expectations during negotiations. This is not a dig or a slight on any City Employees, Fire Fighters, or Police Officers but just an observation on the economy as a whole and that the burden of this new era of diminished expectations must be shared by all. ◦
