Atlantic City is no longer operating in crisis mode. However, it still requires outside support, standing in at the breakpoint between recovery and independence. The city now faces difficult choices about how to sustain the progress. Speaking for The Press of Atlantic City, New Jersey Gov. Mikie Sherrill signalled cautious optimism despite long-term industry challenges and policy disagreements within the state.
Lower Debt Could Herald Long-Term Stability
Years of intervention from Trenton, combined with support from the casino industry, have stabilized Atlantic City’s finances after a long period defined by budgetary gaps and legal battles. Years of targeted policies have helped more than halve the city’s substantial…