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Hampton Township council voted Nov. 19 to authorize a transfer of up to $300,000 from the 2025 General Fund operating budget into the township’s capital improvement fund for 2026.
Manager and controller staff said the transfer would not exceed available year-end revenues over expenses and that the exact transfer amount will be reported in January once year-end figures are finalized. The manager noted Mr. Speakman had flagged the transfer in his budget narrative.
The motion to transfer up to $300,000 was moved and seconded and carried by roll call. Staff will return in January with the final transfer number and accounting details.
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