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Northfield introduces ordinance to exceed 2026 budget appropriations limits and establish cap bank

City of Northfield Common Council · February 10, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

At its Feb. 10 meeting the council introduced Ordinance 2-2026, a first reading to exceed municipal budget appropriation limits and create a cap bank under N.J.S.A. 40A:4-45.14; second reading and public hearing scheduled for Feb. 24, 2026.

Council members introduced Ordinance 2-2026 on Feb. 10, beginning the formal public process required for any change to the municipal budget cap.

Ordinance 2-2026 is titled "Calendar Year 2026 Ordinance to Exceed the Municipal Budget Appropriation Limits and to Establish a Cap Bank (N.J.S.A. 40A: 4-45.14)." The municipal clerk read the ordinance by title and announced that the public hearing and final consideration will be held on Feb. 24, 2026; copies of the full ordinance were posted in City Hall and made available through the clerk—s office.

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