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Union County advances 2026 budget items, proposes $29.25M in bonds and $31.3M in grants on agenda
Summary
At its April 30 agenda-setting meeting, the Union County Board placed the 2026 budget, multiple bond issuances totaling $29.25 million, and a series of state and federal grant modifications on the Regular Meeting agenda; Finance Director Bibi Taylor told the board the county has introduced nearly $29.8 million in grants to date, with about $1.5 million in additional awards on the agenda.
Union County finance officials placed the 2026 county budget and several bond issues on the board's Regular Meeting agenda after an April 30 agenda-setting session.
Finance Director Bibi Taylor told commissioners the budget introduced to date includes $29,799,685.16 in grant funding and that the evening's resolutions would add approximately $1.5 million, bringing the total grant funding under consideration to about $31.3 million. "The County Budget introduced $29,799,685.16 worth of grant funding," Taylor said, and the evening's items add roughly $1.5 million to that total.
The agenda lists multiple bond issues proposed to be dated June 1, 2026, summarized in the published resolutions as: $19,980,000 in General Improvement Bonds; $1,270,000 in County Vocational-Technical School Bonds (New Jersey School Bond Reserve Act); and two County College Bonds of $4,000,000 each (Series A and Series B), for a combined bond notice total of $29,250,000. The resolutions also authorize preparation and distribution of a notice of sale and preliminary official statement and include covenants to provide continuing disclosure and comply with federal tax rules.
In addition to the bond authorizations, the finance agenda includes a series of budget modifications tied to notifications from state and federal agencies covering programs such as Human Services Advisory Council (HSAC), LIHEAP administration, Universal Service Fund CWA Administration, Stop Violence Against Women (VAWA), VOCA victim-witness advocacy, LEOTEF, and DNA backlog reduction funding.
Why it matters: Bond sales and budget modifications could affect county capital projects, school and college financing, and the availability of grant-funded programs. The board scheduled the budget to be read by title and declared public hearing conditions satisfied; formal adoption of the budget and bond sale authorizations are procedural items for the Regular Meeting and subsequent sale processes.
Next steps: The budget will be read by title and taken up at the Regular Meeting following this agenda-setting session; bond sale notices and preliminary official statements will be prepared as authorized by the resolutions on the agenda.
