Atlantic City, NJ – The mayor of Atlantic City, New Jersey, says the resort town’s dismal finances will force a weekslong shutdown of nonessential government services next month if the city doesn’t get state aid.
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Republican Don Guardian said Monday the shutdown would start April 8 and likely last until at least May 2, when quarterly tax revenue is set to arrive. Police, fire and sanitation workers would continue to perform their jobs without pay but would be paid when the tax money comes in.
Guardian says the city could be in a similar situation in a couple of months.
The city’s tax base has contracted since four of its 12 casinos closed. State lawmakers are debating a financial takeover plan Guardian says goes too far in wresting control from city officials.
Stealing money from suckers is not a good long term plan to fund anything. New York should not get too involved in gambling proceeds.