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Board introduces FY 2026 budget to New Jersey DCA; authority projects modest operating surplus
Summary
The board voted to introduce the New Brunswick Housing Authority budget for the period July 1, 2025–June 30, 2026 and to submit it to the New Jersey Department of Community Affairs (DCA). Staff presented a $19,112,900 anticipated revenue total and a projected housing-authority-wide surplus of roughly $521,990.
The New Brunswick Housing Authority on April 1 voted to introduce its fiscal-year 2026 budget and submit the introduced version to the New Jersey Department of Community Affairs for review.
Mike Maurice, the authority's fee accountant, told the board the authority anticipates total revenues of $19,112,900 and is projecting a combined surplus from operations of about $521,990. Maurice provided a program-level summary the board…
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