The state has twice rejected Palisades Park's emergency budget plan. This plan aimed to cover a $775,000 budget shortfall from last year. The borough council passed the appropriation resolution on January 5. The state's denial could lead to layoffs and service cuts. This decision also creates uncertainty for the borough's 2026 budget.
https://www.northjersey.com/story/news/bergen/palisades-park/2026/01/27/nj-denies-palisades-park-budget-shortfall-plan-layoffs-cuts/88362136007/