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Belmar council adopts ordinance to raise appropriation cap, approves bills and moves to executive session
Summary
Council adopted Ordinance 2026-5 to increase the municipal appropriation cap (allowing cap banking), approved payment of bills by roll call and introduced an amendment to sign regulations. Council also adopted a resolution to enter executive session on pending litigation and contract matters.
Belmar’s mayor and council adopted an ordinance to increase the local appropriation cap and permit ‘cap banking,’ approved the consent agenda including payment of bills, introduced a sign-regulation ordinance on first reading and adopted a resolution to move into executive session.
At the workshop on April 26, a staff member explained the measure before the public hearing for Ordinance 2026-5: the ordinance would raise the permissible increase in appropriations from 2% to 3.5% and allow the borough to bank unused cap amounts for…
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