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Fort Lee Parking Authority adopts $4.85 million budget for 2026
Summary
The Fort Lee Parking Authority unanimously adopted its 2026 Annual and Capital Budget totaling $4,849,588, including $95,000 in capital appropriations, during its Oct. 28, 2025 meeting. The Executive Director presented the budget before the motion and vote.
The Fort Lee Parking Authority voted unanimously on Oct. 28, 2025 to adopt its Annual and Capital Budget for Jan. 1–Dec. 31, 2026, recording Total Revenues of $4,849,588 and Total Appropriations of $4,849,588. The Capital Budget includes $95,000 in capital appropriations and indicates $95,000 of unrestricted net position utilized for capital.
Executive Director Hernani Goncalves presented and discussed the budget before the motion. Commissioner Marc Macri moved to adopt the budget and Commissioner Patricia Rumi seconded; the motion was approved unanimously. The minutes record the figures and the board’s formal adoption during the open session.
