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Taxpayers Beware: How Ridgewood’s ‘Windfall’ Just Became an Unfunded Nightmare

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Financial Time Bomb? Valley Wins Appeal, Leaving Ridgewood Budget in Chaos

the staff of the Ridgewood blog

Ridgewood NJ, A massive financial storm is brewing in Bergen County, and local taxpayers may soon be the ones left holding the umbrella.

In a stunning turn of events for the ongoing legal saga, Valley Hospital has won its recent appeal, completely shifting the leverage away from local government and threatening to trigger a massive crisis for the Village of Ridgewood’s finances.

Continue reading Taxpayers Beware: How Ridgewood’s ‘Windfall’ Just Became an Unfunded Nightmare