Jersey City Mayor Solomon: Smaller tax hike on the way

Jersey City leaders have scaled back a planned local tax hike after the state agreed to an unprecedented $120 million aid package for the city. Mayor James Solomon, who is grappling with a $255 million budget deficit, had originally proposed a 20% hike. Now, he says that state money, plus additional cuts to city services, means his administration only sees a need for a 15% property tax increase.

The state aid is part of the budget package that lawmakers in Trenton will vote on Tuesday. The Jersey City council is scheduled to vote on the local tax hike on Wednesday. Mayor Solomon joined WNYC host Tiffany Hansen to explain how the city got here and how residents will be affected buy the 15% hike.