Annual Budget Process

The annual budget process occurs between the months of November and April. During this time, the Finance Department produces public information in various formats, ranging from graphic/simple to comprehensive/granular. Residents can choose what level of detail they wish to see based on the below list.

Annual One Sheet Budget Summary: This document presents budget information in a very graphic and simple format and has been produced since 2015.

Budget in Brief: This is a one-page budget summary. The document has been created since 1986 and while the format has changed slightly, it is still possible to make meaningful comparisons of numbers from 1986 to present.

Audit Report: This very detailed 100+ page document contains very comprehensive and granular information. Digital copies are on-line from 2006 to date and hard copies dating back to the 1970’s are readily available in the finance office.

ANNUAL BUDGET PROCESS: The remainder of this page outlines the budget documents and presentations given to Council during the budget process as well as a schedule of upcoming budget-related meetings. Click on Financial Documents on the left menu bar for a full listing of past budgets, audits, and other information.
  1. 2019
  2. 2018
  3. 2017
  4. 2016
  5. 2015
  6. 2014
  7. 2013

2019 Budget Process

April 22, 2019. Council held a budget hearing and then voted 6-0 to approve the Official State Budget document as presented. As per state guidelines, the User Friendly Budget was also presented to Council. The final budget in brief was also presented and discussed.

March 25, 2019. Budget Introduction. A short budget presentation was given to Council as well as the Official State Budget Document. Council voted unanimously to introduce the budget as presented. As per state statute, the budget must be advertised and there must be a minimum of 28 days between introduction and adoption of the budget so that the public has ample opportunity to review the document (NJSA 40A:4-7).

March 4, 2019, 7:00 pm. Special Meeting. A revised budget was presented and discussed along with strategic planning guidelines. 

Monday, February 25, 2019. Various Department Heads gave a presentation and discussed their 2018 accomplishments as well as their 2019 goals, objectives and capital requests.  

Monday, February 11, 2019. A draft budget was presented to Council that included details on appropriations and municipal surplus.

Monday, January 28, 2019. Council received a presentation on the Utilities budget, including electric and water.

Sunday, January 27. The Annual Debt Statement was filed with the State of NJ Division of Local Government Services as per NJSA 40A:2-40. 

Monday, January 14, 2019. Council discussed the Budget Schedule, the Open Space Trust Fund. A revised Five Year Capital Plan was presented to Council and discussed as well. An Ordinance for 2019 Road Reconstruction and Milling & Overlay were introduced as well.

Monday, December 10, 2018. Council received a draft Five Year Capital Plan. Council approved R325-2018 which cancelled outstanding balances in various Capital Ordinances making the excess funds available for future capital projects.

Monday, November 26, 2018. Council held a hearing and approved Bond Ordinance 50-2018 which authorized $4,770,000 for a portion of the cost of capital improvements at the Madison Chatham Joint Meeting Sewage Treatment Plant.