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Kenilworth finance officials report filings and schedule 2025 budget committee meeting
Summary
Finance reported that annual filings were completed (unaudited annual financial statements, annual debt statement and other reports) and that the CFO is leading the 2025 budget process with the first committee meeting scheduled next Thursday.
Borough finance officials told the council that required year‑end filings have been completed and that the municipal chief financial officer is preparing the 2025 budget with committee meetings beginning as soon as next Thursday.
Councilman Morrow opened the finance report by reminding residents that first-quarter property tax payments are due Feb. 10 without interest. He said the borough is working with auditors on unaudited annual financial statements and that the borough filed its annual debt statement, W-2s and 1099s, the uniform construction code annual report and the library's state report. The CFO, identified on the record, said he is spearheading the 2025 budget and that the budget committee will convene next Thursday to begin discussions.
No budget adoption or public hearing took place during the portion of the meeting available in the transcript; the CFO and council members noted the schedule for internal committee work and directed staff to continue the budget process. The borough clerk had also read the Open Public Meetings Act notice at the start of the meeting to confirm compliance with public‑notice requirements.
