Bipartisan agreement reached on Transitional Aid

TRENTON – Sources say a deal has been reached on transitional aid.

William Dressel, executive director of the state League of Municipalities, said based on his conversations with the two parties’ legislative leaders and the governor’s office, “They’ve reached a political concurrence.”

Another source said, “a deal has been cut.”

It was not immediately clear if the bill agreed to is the Democrat-backed bill that would provide $139 million to distressed cities that would help them fund such things as police and fire departments. In addition to that money, there’s another $1.5 million for oversight.  That bill passed with bipartisan support in the Assembly on Monday.

Christie initially issued a conditional veto to the bill this summer because oversight funds were not included.

Bipartisan agreement reached on Transitional Aid