![]() Authorization to draft the Official State Budget document. ![]() Strategic Planning Guidelines and Alternate Budget Format presented. As per state statute, the budget must be advertised and there must be a minimum of 28 days between introduction and adoption of the budget so that the public has ample opportunity to review the document (NJSA 40A:4-7) *. Council voted unanimously to introduce the budget as presented. The Official State Budget Document was presented, as well as the User Friendly Budget. As per state statute, the budget must be advertised and there must be a minimum of 28 days between introduction and adoption of the budget so that the public has ample opportunity to review the document (NJSA 40A:4-7).Ĭouncil held a budget hearing and then voted 6-0 to approve the Official State Budget Document as presented.īudget Introduction. The Official State Budget Document was presented. This document is filed annually and is required as per state statute NJSA 40A:5-12.įinal budget hearing and strategic planning guidelines presentationīudget Introduction. On March 2nd, the Annual Financial Statement was submitted to the State of New Jersey Division of Local Government Services. Various Department Heads gave a presentation and discussed their 2022 accomplishments as well as their 2023 goals, objectives and capital requests. Initial Municipal Budget and Fund Balance discussion The purpose of the document is to track the amount of debt issued by the Borough and School Board and to compare the total debt to the equalized value of all property in the Borough. This document is filed annually and is required as per state statute NJSA 40A:2-41. On January 31, 2023, the Annual Debt Statement was submitted to the State of New Jersey Division of Local Government Services. ![]() Click on Financial Documents on the left menu bar for a full listing of past budgets, audits, and other information.Ī presentation on the proposed Five Year Capital Plan was given to Council.Ī presentation on the Open Space, Recreation and Historic Preservation Trust Fund and the proposed Five Year Capital Plan was given to Council.Ī presentation on Public Works, Electric Utility, Water Utility, and utility fund balance was given to Council Furthering this objective, the Inventory contains an unscored survey section soliciting information on a variety of topics.Īnnual Budget Process: The remainder of this page outlines the budget documents and presentations given to Council during the budget process as well as a schedule of upcoming budget-related meetings. The Inventory also identifies areas where municipalities may require further technical assistance. Inventory answers provide taxpayers an additional means of evaluating their municipality’s performance. Digital copies are on-line from 2006 to date and hard copies dating back to the 1970’s are readily available in the finance office.īest Practices Inventory : The Inventory assesses each municipality’s compliance with various laws and evaluates implementation of fiscal and operational best practices. The document has been created since 1986 and while the format has changed slightly, it is still possible to make meaningful comparisons of numbers from 1986 to present.Īudit Report : This very detailed 100+ page document contains very comprehensive and granular information. Residents can choose what level of detail they wish to see based on the below list.Īnnual One Sheet Budget Summary : This document presents budget information in a very graphic and simple format and has been produced since 2015.īudget in Brief : This is a one-page budget summary. During this time, the Finance Department produces public information in various formats, ranging from graphic/simple to comprehensive/granular. The annual budget process occurs between the months of November and April.
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