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Stanhope adopts $5,904,711.24 2026 municipal budget
Summary
The Mayor and Council of Stanhope adopted the 2026 municipal budget, authorizing $5,904,711.24 for municipal purposes after a public hearing with no public comments. The budget was read by title under N.J.S.A.40A:4-8 and passed by roll call.
The Mayor and Council of the Borough of Stanhope adopted the 2026 municipal budget on April 14, 2026, authorizing $5,904,711.24 for municipal purposes.
Mayor Wronko and the governing body voted to read the budget by title under N.J.S.A.40A:4-8 (Resolution 076-26) and then adopt it (Resolution 077-26). The public hearing produced no public comments before the adoption vote was taken by roll call.
Administrator James McNeilly said the Capital Budget introduction is tentatively scheduled for April 28, 2026. Council members and the Mayor approved the 2026 budget during the meeting; the formal roll call recorded Councilmen Riccardi, Smith, Romano, Simpson and Wachterhauser as voting yes; Councilman Thornton was recorded absent.
Why it matters: the adopted budget sets the Borough’s financial plan for municipal services and capital planning for the coming year and allows staff to proceed with operational and capital preparations. The council noted that some capital items will be considered during the upcoming capital budget introduction and that the administration is pursuing external grant funding to offset project costs.
Votes at a glance: Resolution 077-26 — Adoption of the 2026 Municipal Budget (authorizing $5,904,711.24) — Motion: adopt the 2026 municipal budget; Mover: Councilman Romano; Second: Councilman Smith; Roll call: Councilman Riccardi — yes; Councilman Smith — yes; Councilman Romano — yes; Councilman Thornton — absent; Councilman Simpson — yes; Councilman Wachterhauser — yes; Outcome: approved.
The council concluded the budget adoption with formal action recorded in the minutes; the administration signaled that the Capital Budget will be introduced at the April 28 meeting for further review.
