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Fort Lee council approves $715,761 in 2025 budget transfers
Summary
The Mayor and Council approved Resolution R-1 authorizing transfers among 2025 budget line items totaling $715,761 under N.J.S.A. 40A:4-58, reallocating funds among police, stage, group insurance, street lights and other accounts.
The Mayor and Council of the Borough of Fort Lee approved Resolution R-1 authorizing transfers among 2025 budget appropriations totaling $715,761.
The resolution, adopted under N.J.S.A. 40A:4-58, lists transfers from several source accounts to multiple target accounts, including Police salary/wages, Stage salary/wages, Group Insurance O/E and Street Lights. The meeting packet lists the combined transfer total as $715,761.
The action was recorded as carried by the council. No individual mover or second was specified in the minutes; the resolution language and transfer schedule were included in the official record.
