Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget topic
No spam. Unsubscribe anytime.
Council approves 2025 budget appropriation transfers
Summary
The council adopted a resolution authorizing budget transfers under N.J.S.A. 40A:4-58 following a recommendation from the CFO; the transfers were approved by the required 2/3 vote of the full membership present.
The council approved a resolution authorizing 2025 budget appropriation transfers on March 4, 2026. The action cites N.J.S.A. 40A:4-58 and the Chief Financial Officer's recommendation that transfers be made if necessary near the fiscal year end; the resolution was adopted with the required concurrence (at least two-thirds) of the full membership present.
Councilmember Bray offered the resolution and Councilmember Sniffen seconded. The meeting record states the transfers are in compliance with the statute and that funds are available as needed. The resolution authorizes the transfers set forth in attached documentation (not reproduced in the meeting text).
