Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Long Branch introduces cap-bank ordinance for 2025 budget; CFO says municipal levy not increased but assessment may affect taxes
Summary
The Long Branch City Council on May 14 introduced Ordinance 008-25 to permit the municipality to exceed budget appropriation limits and to establish a cap bank, and set a public hearing for May 28, 2025.
The Long Branch City Council on May 14 introduced Ordinance 008-25, which would permit the municipality to exceed the local budget appropriation cap and establish a “cap bank” under state statute; the council set a public hearing for May 28, 2025.
Council President Viera presented the ordinance and summarized the statutory basis as provided at the meeting; the council moved to introduce the ordinance on first reading, advertise and post according to law, and set the…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
