UPDATE: On April 15 it was reported on the City of Hoboken's Facebook page via video that "working closely with the City Council and our community, we’ve made meaningful progress to reduce the budget gap from $17 million to $14 million, ultimately lessening the impact on your tax bill while protecting core services. We’ve made targeted cuts and balanced this with what we heard matters most to you. I know there’s still work ahead, but we are moving in the right direction."

