HomeMy Public PortalAboutOrd. 13-03(orblitance
No. '1.3-3 of toe
Porljg4 of Caurteret,
BOROUGH OF CARTERET
COUTY OF NUDDLESEX, NEW JERSEY
CALENDAR YEAR 2013
ORDINANCE TO EXCEED THE NIUNICIPAL BUDGET APPROPRIATION LMIITS
AND TO ESTABLISH A CAP BANK
(N.J.S.A. 40A: 4- 45.14)
WHEREAS, the Local Government Cap Law, N.J.S. 40A: 4 -45.1 et seq., provides that in the preparation of its
annual budget, a municipality shall Brut any increase in said budget up to 2.0% unless authorized by ordinance
to increase it to 3.5% over the previous year's final appropriations, subject to certain exceptions; and,
WHEREAS, N.J.S.A. 40A: 4.45.15a provides that a municipality may, when authorized by ordinance,
appropriate the difference between the amount of its actual final appropriation and the 3.5 % percentage rate as
an exception to its final appropriations in either of the next two succeeding years; and,
WHEREAS, the Mayor and Borough Council of the Borough of Carteret, in the County of Middlesex, finds it
advisable and necessary to increase its CY 2013 budget by up to 35% over the previous year's final
appropriations, in the interest of promoting the health, safety and welfne of the citizens; and,
WHEREAS, the Mayor and Borough Council hereby determines that a 3.5% increase in the budget for said
year, amounting to 5426,631.96 in excess of the increase in final appropriations otherwise permitted by the
Local Government Cap Law, is advisable and necessary; and,
WHEREAS the Ntayor and Borough Council hereby determines that any amount authorized hereinabove that is
not appropriated as part of the final budget shall be retained as an exception to final appropriation in either of
the next two succeeding years.
NOW THEREFORE BE IT ORDAINED, by the Mayor and Borough Council of the Borough of Carteret, in
the County of Nfiddlesex, a majority of the full authorized membership of this governing body affirmatively
concurring, that, in the CY 2013 budget year, the final appropriations of the Borough of Carteret shall, in
accordance with this ordinance and N.J.S.A. 40A: 4- 45.14, be increased by 3.5 %, amounting to 5995,474.57,
and that the CY 2013 municipal budget for the Borough of Carteret be approved and adopted in accordance
with this ordinance; and,
BE IT FURTHER ORDAINED, that any that any amount authorized hereinabove that is not appropriated as
part of the final budget shall be retained as an exception to final appropriation in either of the next two
succeeding years; and,
BE IT FURTHER ORDAINED, that a certified copy of this ordinance as introduced be tiled with the Director
of the Division of Local Government Services within 5 days of introduction; and,
BE IT FURTHER ORDAINED, that a certified copy of this ordinance upon adoption, with the recorded vote
included thereon, be filed with said Director within 5 days after such adoption.
DO NOT USE SPACE BELOW THIS LINE
RECORD OF COUNCIL VOTE
COUNCILJI.IN
11 X - Indicate Vote AD - Absent NV - Not Voting XOR - Indicates Vote to Overrule Veto I
Adopted on first reading of the Council of the Borough of Carteret, N.J., on ft 7 2013
Adopted on seaynd�adkafter hearinon Phlr 71 , 7014
APPROVED
AFFIDAVIT OF PUBLICATION
The following is a true copy of a Classified /Help Wanted Ad of
the Borough of Carteret that has appeared in the Star Ledger,
a newspaper which is printed in Newark, New Jersey and
published in Essex County, of general circulation in said
county and state. One (1) time(s) once in each issue as follows:
APRIL 1, 2013
COUNTY OF MIDDLESEX, NEW
JERSEY
CALENDAR YEAR 2013
ORDINANCE TO EXCEED TI1E
RJNICTPAL BUDGCT APPROPRI -.
,,ION `LIMITS AND TO CSTAB -
LISH A CAP BANK" "
(IN .S.1.4BA -. 45.14)
,P PROVED + 'AND ADOPTED:
tAROI 21, 2013 +
:NTR000CED:' MARCH 7;013
Ldvertised "as::Adopte-2d on
irst Reading wjth nMARce
rf': public Hearing:
L3, 2013
Hearing Held:` MARCH 21,
2013
Approved BY: MAYOR DANIEL
J:`REZMAN
Advertised as finally
Adopted: - April 1, 2013'-
'KAHILEEN M. BARNEY, MMC
"Municipal Clerk
PUBLISH: Monday April -1,
2013 .$32.45
a
Notar y Pu erse y Kathleen M. Barney, M
`C�6H R•��tR� Municipal Clerk
NOTARY PUBLIC OF NEW JERSEY
MY COMMISSION EXPIRES MAY 2, 2016
Sworn and Subscribed before
Me thisd day of Ca
s3
AFFIDAVIT OF PUBLICATION
The following is a true copy of a Classified /Help Wanted Ad of
the Borough of Carteret that has appeared in the Star Ledger,
a newspaper which is printed in Newark, New Jersey and
published in Essex County, of general circulation in said
county and state. One (1) time(s) once in each issue as follows:
MARCH 13, 2013
y .r
Notary Public New Jersey Kathleen M. Barney, � C
�I1DA A. RIVERA Municipal Clerk
NOTARY P080C OF NEW JERSEY
MY COMMISS'UN EXPIRES O 2 2016
Sworn and Subscribed a of e
Me this /3,Mday of e 13