Atlantic City given budget ultimatum by state officials

Markets Associated Press

Officials in Atlantic City have been notified that they need to submit a revised budget by Monday if they want to avoid a potential takeover by the state.

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The Press of Atlantic City reports ( ) Local Government Services Director Tim Cunningham sent a letter to Mayor Don Guardian on Tuesday that said the city has a legal obligation to submit a budget to the state.

The budget must be sent by Monday for the Local Finance Board to adopt it at its Nov. 9 meeting.

City council introduced a $242 million budget in August that was $20 million less than the previous year but called for $37 million in transitional aid from the state.

Cunningham wrote that state officials have "fundamental concerns" with the budget.


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Information from: The Press of Atlantic City (N.J.),