HomeMy Public PortalAboutOrd. 22-02MrblunnU
No. #22 -2 of tht
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BOROUGH OF CARTERET
COUNTY OF MIDDLESEX, NEW JERSEY
CALENDAR YEAR 2022
ORDINANCE TO EXCEED THE MUNICIPAL BUDGET APPROPRIATION LIMITS
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 limit any increase in said budget up to 2.5%
unless authorized 'by ordinance to increase it to 3.5% over the previous year's filial
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 2022 budget by up to 3.5% over
the previous year's final appropriations, in the interest of promoting the health, safety and welfare
of the citizens; and
WHEREAS, the Mayor and Borough Council hereby determines that a 1.0% increase in the
budget for said year, amounting to $366,523.96 in excess of the increase in final appropriations
otherwise permitted by the Local Government Cap Law, is advisable and necessary; and
WHEREAS the Mayor 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 tine next two succeeding years.
NOW THEREFORE BE IT ORDAINED, by the Mayor and Borough Council of the Borough
of Carteret, in the County of Middlesex, a majority of the full authorized membership of this
governing body affirmatively concurring, that, in the CY 2022 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 $1,282,833.86, and that the CY 2022
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 five succeeding years; and
BE IT FURTHER ORDAINED, that a certified copy of this ordinance as introduced be filed
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.
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ACCORD OF COUNCIL VOTE
COUNCILMAN
YES
NO
NV
AM.
COUNCILMAN
YES
NO
NV
A.B.
BELLINO
X
JOHAL
X
DIAZ
X
DIMASCIO
X
NAPLES
X
ndicate Vote AB- Absent NV -Not Vodng XOR- Indicates Votefo Overrate Veto
reading of the Council of the Borough of Carteret, N.J. on
nd reading after hearing on February 24, 2622
r
February 10, 2022
Yom-
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AFFIDAVIT OF PUBLICATION
The following is a true copy of an Ordinance or Resolution 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:
February 16,2022 / r
Carinela PogorzeAki,,, C( ,)
Municipal Clerk
Notary public of New Jersey
DANAARCHEVAL
NOTARY PUBLIC OF NEW JERSEY
My Commission Expires Jan. 12, 2027
Sworn and subscribed before
me this 16 4h day of c 0- �
AFFIDAVIT OF PUBLICATION
The following is a true copy of an Ordinance or Resolution 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:
t
March 2, 2022 �� 4
Carmela Pogot'iel ki,* Ca
Municipal Clerk
Notary Public of New Jersey
DANA ARCHEVAL
NOTARY PUBLIC OF NEW JERSEY
My Commission Expires Jan. 12, 2027
Sworn and subscribed before
me this ? "b day of k(at,,-A ,�(3,2 7;?