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Eatontown adopts amended 2026 municipal budget; council authorizes $17.9 million municipal levy
Summary
The Borough Council adopted the amended 2026 municipal budget (Resolution 114-2026), authorizing $17,897,000 for municipal purposes and total appropriations of $35,598,751.66; auditors and councilors discussed revenue volatility and internal controls.
The Borough of Eatontown adopted its amended 2026 municipal budget on May 27, 2026. The council approved Resolution 114-2026 setting the amount to be raised by taxation for municipal purposes at $17,897,000; total revenues and appropriations were listed as $35,598,751.66.
Borough Auditor Oliwa presented the amendment and a separate self-examination resolution (Resolution 113-2026) that the council approved by roll call vote. Councilmember Maria Grazia Escalante cautioned that revenue projections "are fluid based on what is going on in the country," and Auditor Oliwa said internal controls are in place to monitor revenue and appropriations. The self-examination and the budget adoption both passed on roll call votes during the meeting.
