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Council introduces $63.09 million 2026 municipal budget; public hearing set for May 6
Summary
City Manager Adam Cruz introduced the 2026 municipal budget totaling $63,085,013.94, said the council used about $10 million from surplus and kept the municipal tax rate at 0.516; a public hearing is scheduled for May 6 and the budget will go to the NJ Department of Community Affairs for review.
City Manager Adam Cruz and staff presented the introduction of the calendar year 2026 municipal budget and the council voted to introduce it for public hearing and review by the state.
Cruz said the proposed budget totals $63,085,013.94, an increase of about $619,889 from 2025, and that the municipal tax rate remains at 0.516. He said the city used roughly $10,000,000 from surplus to balance the…
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