Atlantic City’s mayor said that workers won’t be paid and non-essential services will be shut down for about a month beginning April 8 as the distressed gaming hub pushes for New Jersey to rescue it from the brink of insolvency, Bloomberg News reported yesterday. No employees would be paid until at least May 2, when the city will get its next installment of taxes, Mayor Don Guardian said yesterday. While essential services such as public safety and revenue collections will continue, other functions will cease and City Hall will close 4:30 pm local time on April 8. Moody’s Investors Service warned that the city could default on debt as early as next month without state action, and local officials have floated the possibility of filing for bankruptcy. Bills that would provide the city with a cash infusion and give the state control over its operations are pending in the New Jersey legislature.
