Atlantic City makes rest of $8.4M school tax payment

Atlantic City made the rest of a tax payment it owed to its school system on Tuesday, hours before a judge was to consider freezing

State renews effort to freeze Atlantic City spending

State renews effort to freeze Atlantic City spending

ATLANTIC CITY - Atlantic City made the rest of a tax payment it owed to its school system on Tuesday, hours before a judge was to consider freezing the city's cash until the debt was paid.

At a court hearing scheduled for Tuesday afternoon, the state Education department was to seek an order to force the nearly broke city to pay its entire debt to the schools.

A ruling against the city could force a partial government shutdown.

Last week, the city paid half of an $8.4 million installment that was due to the schools. It paid the remaining $4.2 million on Tuesday.

The city collects money from property taxes, part of which funds the school system.

The city still owes the schools about $25.5 million by the end of the school year.

advertisement | advertise on News 12

Trending Video

The crash occurred around 12:45 p.m. Saturday in 1 Small plane crashes in residential area; pilot injured
2 Hundreds march in solidarity in Red Bank
INTERVIEW: Cynthia Lauren Tewes of 'Good People' 3 INTERVIEW: Cynthia Lauren Tewes of 'Good People'
President-elect Donald Trump, left, and his wife Melania 4 Inauguration Day: Trump to become America's 45th president
Video: Preparing White House for new president 'organized 5 Video: Preparing White House for new president 'organized chaos'

advertisement | advertise on News 12

More News

Plan for Atlantic City takeover are still undecided Plan for Atlantic City takeover still undecided

State leaders are still working out a plan to save Atlantic City from bankruptcy. Lawmakers

Judge rejects plan to freeze Atlantic City finances Judge rejects plan to freeze Atlantic City finances

A judge has rejected New Jersey's attempt to freeze Atlantic City's cash as it struggles

Atlantic City in Crisis Atlantic City awaits judge's ruling on payroll and schools

Atlantic City officials are awaiting word on whether they can make payroll

Atlantic City in Crisis Assembly speaker introduces his own Atlantic City plan

New Jersey lawmakers’ ongoing feud over the financial future of Atlantic City does not seem

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE