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Citing 'dramatically improved finances,' Moody's issues Town of Kearny credit upgrade


Hudson County View
Kearny Town Hall. Photo via Google Maps.
By John Heinis/Hudson County View
“When it became apparent a year ago that the pandemic would not be short-term, we began planning not only for a public health emergency but also preparing for the financial impact. Despite the added pressures created by the pandemic, Moody’s two-notch upgrade of our rating demonstrates the success of our efforts,” Mayor Alberto Santos said in a statement.
The Moody’s report, issued yesterday, said the town has fared relatively well financially during the COVID-19 pandemic.
“The ongoing pandemic has had only a modest impact on the town. While certain non-tax revenues came in below budget, this was more than offset by expenditure reductions. In addition, property taxes, the largest source of revenues, performed admirably,” the agency wrote. ....

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Kearny Mayor Santos, facing potential challenger, announces re-election bid with council slate


Kearny Mayor Santos, facing potential challenger, announces re-election bid with council slate
Kearny Mayor Alberto Santos, first elected to the post in 1999, is seeking re-election with four council members ahead of a primary where he’s facing the first potential challenger since 2003.
From left tor right: Councilwoman Marytrine Castro, Councilman Richard Konopka, Mayor Al Santos, Councilwoman Carol Jean Doyle and Councilman Gerald Ficeto at the newly renovated Gunnell Oval. Photo courtesy of the Santos Team for Kearny.
By John Heinis/Hudson County View
This morning, Santos submitted his petitions for nomination for his eighth term as mayor and was joined by 1st Ward Councilwoman Marytrine DeCastro, 2nd Ward Councilman Richard Konopka, 3rd Ward Councilwoman Carol Jean Doyle, and 4th Ward Councilman Gerald Ficeto. ....

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