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Riverside committee approves year-end finance moves, adopts hazard mitigation plan and accepts DDEF funds
Summary
At its Nov. 18 meeting Riverside adopted the Burlington County Hazard Mitigation Plan, authorized year-end budget transfers and CFO authority to make transfers/pay bills, approved a one-time 1% compensation payment for administrative employees, and requested the DDEF grant revenue insertion of $26,200.35.
The Riverside Township Committee used its Nov. 18 meeting to complete year-end finance housekeeping, adopt a multi-jurisdictional hazard mitigation plan and accept a state traffic-safety grant for police overtime.
Key items approved by resolution included: - Resolution 2024-#116: Adoption of the 2024 Burlington County Hazard Mitigation Plan. The committee adopted the county plan, which identifies mitigation goals and actions for Riverside and will be maintained and updated on the five-year schedule required by federal law.
- Resolution 2024-#113: A one-time payment equal to the additional 1% of administrative employees' compensation (to reconcile a 2% salary ordinance with a 3% budgeted increase) was approved for 2024 payroll.
- Resolution 2024-#114: Delegated authority to the Chief Financial Officer to make additional transfers of funds and pay necessary bills through the end of the year, with ratification at the next meeting.
- Resolution 2024-#118: Approved multiple budget appropriation transfers across departments during the last two months of the fiscal year (listed line-by-line in the resolution) totaling $112,019.29.
- Resolution 2024-#122: The committee requested approval to amend the 2024 budget to include a FY2025 Drunk Driving Enforcement Fund (DDEF) grant of $26,200.35; a program letter from the New Jersey Division of Highway Traffic Safety reminded the chief that at least 50% of these funds must be used for supplemental DWI overtime. The letter also explained that DDEF funds not spent by the close of 2025 roll into 2026.
Why it matters: the hazard mitigation plan adoption makes Riverside eligible to participate in pre-disaster mitigation programs and clarifies mitigation goals; the CFO authority and transfers are routine year-end actions to ensure the township can pay obligations and reconcile budget lines prior to closing the fiscal year. The DDEF funds provide a source for targeted enforcement to reduce impaired driving.
Funding and oversight: the CFO certified availability of funds for the contract adjustments and for the transfers listed; resolutions were adopted on unanimous roll calls.
