Bloomfield Among NJ Towns Seeing COVID Revenue Dip: Report

BLOOMFIELD, NJ — Bloomfield is among several New Jersey towns struggling with revenue losses amid the coronavirus crisis, and it has the town’s mayor “worried,” a report says.

Although May property tax payments dropped, the pandemic’s overall impact hasn’t been as bad in New Jersey as some local officials feared, NJ.com reported.

However, Bloomfield is out $3 million so far, including nearly $1 million from its parking utility and an $800,000 drop (3 percent) in its May property tax collections, Mayor Michael Venezia told NJ.com.

“I’m worried for my community come August or even concerning the November property tax payment,” Venezia told NJ.com, adding that without assistance, about 5 percent of the town’s workforce could be laid off.

COUNCIL APPROVES BUDGET

On Monday, the Bloomfield Township Council adopted a $90 million calendar year 2020 municipal budget and tax resolution, TAP Into Bloomfield reported.

The budget was originally presented at the May 4 council conference meeting and approved at the May 18 regular meeting, TAP Into Bloomfield reported.

Send local news tips and correction requests to eric.kiefer@patch.com

Keep updated with local updates at the Patch Bloomfield Facebook page. Send local news tips and correction requests to eric.kiefer@patch.com