The Borough stands to lose $700,000 in aid based on figures announced by the Department of Community Affairs on Thursday.
The Borough received about $3.4 million in aid last year and is now slated to receive about $2.7 million for this year's budget. That amounts to a 20.5% reduction.
The Borough Council is scheduled to hold a budget session Monday night.
To see how other towns in Middlesex County fared, visit: http://www.nj.com/news/index.ssf/2010/03/nj_municipalities_predict_layo.html?appSession=11254743893450
Friday, March 19, 2010
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