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Allendale council adopts 2025 municipal budget after auditor highlights stronger reserves
Summary
The Borough of Allendale adopted its 2025 municipal budget after auditor Paul Lurch reported a $1 million increase in year-end surplus and stronger reserves for tax appeals and storm recovery; the council approved the budget resolution following the auditor's presentation and a unanimous roll-call vote recorded on the record.
Auditor Paul Lurch presented the Borough of Allendale's 2025 municipal budget at the April 24 mayor and council meeting, saying the borough finished 2024 in a solid fiscal position and that the proposed budget continues that trend. "Year-end surplus increased from the year before by $1,000,000," Lurch said, and he noted a tax-appeal reserve that rose from $400,000 to about $900,000 and a storm-recovery reserve approaching $500,000.
The auditor told the council the capital improvement fund will top $2 million once the 2025…
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