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Passaic County adopts cap-bank resolution but 2026 budget adoption is tabled pending state approval
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Summary
The Passaic County Board of County Commissioners adopted a resolution to exceed municipal appropriation limits and establish a cap bank under NJSA 40:45-15 on April 28, 2026. County officials said the full 2026 budget adoption was tabled because state approval had not yet been received.
The Passaic County Board of County Commissioners voted on April 28 to adopt a cap-bank resolution under New Jersey statute NJSA 40:45-15, allowing the county to exceed municipal budget appropriation limits and establish a cap bank ahead of final budget adoption.
The board opened a public hearing on the cap resolution and, after no members of the public took the podium, moved to final adoption. The roll-call vote was recorded as affirmative by the commissioners present.
Shortly after the vote, the administrator told the board that the county had not yet received state approval for the full 2026 budget. "Unfortunately, the county hasn't, yet received state approval for our budget," the administrator said, and recommended tabling formal adoption of the budget until the next meeting after state approval is received. The board agreed to table the final adoption of the 2026 budget pending that approval.
The action the board took on April 28 secures the county's ability to use a cap bank (a municipal mechanism that preserves future tax levy capacity) while postponing the legally required step of formally adopting the overall 2026 budget until the state signs off.
What happens next: the administrator said the budget adoption will be carried over to the next meeting once state approval arrives. The chair also opened and closed a separate public hearing on the county budget introduced March 24; no public comments were offered during either hearing.
Votes and formal actions recorded in the meeting minutes included approval of the cap resolution by roll call and the decision to table adoption of the 2026 budget until state approval is obtained.
