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Committee adopts ordinance to exceed municipal budget cap after resident warns of surplus dependence
Summary
After a public hearing and a resident's detailed warning about repeated surplus use, the Township Committee moved to adopt an ordinance to exceed the municipal budget appropriation limit and establish a cap bank percentage; the committee also advanced salary ordinances and scheduled a hearing to accept a stormwater-basin deed.
Egg Harbor Township on Feb. 4 advanced a package of fiscal and administrative measures after a public hearing that included detailed public concern about how the township uses surplus and cap bank authority to balance budgets.
Ordinance No. 1, read into the record by township staff, would allow the municipality to exceed the municipal budget appropriation limit and to establish a cap bank percentage under the cited New Jersey statute read at the meeting. During public comment, Forrest Dilly of Egg Harbor Township urged caution about repeated use of the cap bank and surplus to balance the budget, arguing the pattern risks future tax increases and depleted reserves. Dilly cited what he said were recent uses…
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