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Home My Public Portal AboutOrd. 06-10 No. ·06-10 d1kÙt:ttèXl1tt 11£ ±lp~ ~Drl1U£4 11£ (IJèXr±trdj ~- w- Councilman' Presents/lie following Ordinance Scço~ded by Coun~j.!man BOROUGI;I OF CARTERET COUNTY OF MIDDLESEX CALENDAR YEAR 2006 ORDINANCE TO EXCEED THE MUNICIPAL BUDGET APPROPRIATION LIMITS AND TO ESTABLISH A CAP BANK fN.J.S.A. 40A: J,-45.14) VfHEREAS,the-Local Government Cap Law, NJ.S.A. 40A: 4-45.1 et seq. provides that in the preparation of its annual budget, a municipality shall limit any increase in said budget to 2.5% unless authorized by ordinance to increase it, to 3.5% over the previous year's [mal appr.òpriatioils, subject tO,certain exceptions;. and WIIEREAS,NJ.S.A. 40A: 4-45.15a provides tbat 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 two succeeding years; and \VHEREAS, the Mayor and Council of the Borough of Carteret in the County of Middlesex finds it advisable and necessary to increase its CY 2006 budget by up to 3.5% ovÚ the previous ýear's [mar appropriations, in th~ interest of promoting the health, safe~y .and welfare of the citizet1S; and \VI-IEREAS, theMayor and Borough Council hereby dctem1illes that a 3.5% increase in the budget for said year, amounting to $176,396.90 in excess of the increase in final appropriations othclwise pemlitted by the Local Govemment Cap Law, is advisable and necessary. \VHEREAS, the Mayor and Borough Council hereby detem1ines that any amount authorized þerein above that is. not appropriated as part of the final budget shall be retained as an exceptiori to the final appropriations in either of the next two succteding years. NOvV THEREFORE BE IT ORDINANED, by the Mayor and BoroughCoul1cil of the Borough of Caiteret, in the County of Middlesex a majority of the full authorÍzed membership.. of tIlls governing body affinnatively concurring that" in. tþe CY 2006 budget year, the fÎ.nal appropriations of the Borough of Carteret shall, in accordance with nus ordinance and NJ.S.A. 40 A: 4-45.14, be increased by 3.5% amounting to $617,389.15 and that the CY 2006 mU11icipal budget for the Borough of Carieret be approved and adopted in accordance with this ordinance;' and, BE IT FURTHER ORDAINED, 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 ofthe next tw:o succeeding years; ah.d - AFFIDAVIT OF PUBLICATION Sworn and subscribed before me this )~ day of l:.~ .;.2 OD b- of an Ordinance of Carteret that appeared in the Home- News Tribune, a newspaper which is printed in Freehold, New Jersey and published in Neptune, in said County and State and of general circulation in said county. one (1~ times, once in each issue as follows: ÐfCARIEIIET ~~~IX ORDINANCE ~I ~ ~ ='CIPAL 8I..ti: QET APPROPRiATION UUml AND TO IST_ LIBH A CAP BANK IN"'" A 6. ...... - 1~ WHEREAS the Local Government (,;ap Law, NJ.SÅ 4OA"4-45 i et seq.. provides that in the preparation of Its .1Iiuel buaiet. II municipality shall limit any increase in said Þudpt to 2.59& ui'Jless authorized by ordinance to Increase It to 3.M&·over the previ- ous year's final appropriations, .ubject to certain exceptions, and WHERQ-S. NJ.sA 4OA: 4-45.1~a provides, that II municl~lity may. when ·authorlzed by ordinance approPrIate the difference betWeen the amount of its adual flnal appropriation aftd the 3.5% percent- age rate as an exceptIon to Its final appropriations In either of the two succeecllnl; years; and WHEREAS, th41 Mayor and Coüncll of the Borough of C.net'et in the. County of Middlesex finds It advisable and nec~ -.-.JAcr.... Its CV 2006 budset by up to 3.5" over the prevtous yO!"'sfinal approprùttlons, In the Intet'Øst of pro~otlnK the health safetv and welfare of the citizens, and WHERÉAS, tfte Mayor and Borouch Council hereby determines that a 3.5% increase In the budpt for said year amounting to $176,396.90 in .xc.a of the incr"se In finar appropriations otherw.lse p'!r- mltted by the Local Government Cap Law, IS advlI~' able anel necessary WHEREAS, the Mayor and Borough Council hereby determines that any amount authorized herein above that is not appropriated as part of the final budget shall be retained as-an exc,ptton to the flnal approprllltlons in etther of the neMt two sucçødlna: years. ' NOW THEREFORE BE IT ORDAINED, by the Mayor and Borough Council of the Borough of Carteret, In the County of M*le..x a majority of the ~II authorized member«\ip of this governing þocly affrr· matlvely concurrlnc that, In tfie CV 2006 I)udøet year the final appropriations of the Borough of Carteret shall, In accordance with this ordinance and N.J.S.A. 4OA:4-45.14. be Increased by 3.5% amountln. to $617,389.15 and that the CV 2006 municipal buctøet fer the Borough of Carteret be approved and adopted in accordance with this g'ËdltB~~#rr~R O¡¡DAI D. that any amount au· thorlzed herWnabo,,- Is not. approprjeted as part of the Anel shall be retained as an exception tIofinal. roprlatlon In either of the next two succeedg ....Sj and BE IT FURTH~ ORDAINED. that a certified copy of this ordil\UØe as introduced be flied with the' Director of ' the Dtvtiion óf Local Government Ser- vices wähIn 5 days of Introduction; and ¡ BE IT fURTHER ORDAINED, that a certified copy of .. ordlniltlce upon adoption. with the recori::led 'fote Included thereon, be filed with said Director within 5 days after such adoption. The for..o~ ordin..,ce was Introcluc.ø at a meet· In¡ of the Council of the Boroygh of Carteret held February 9, 2006 when It was adopted on First Reading. The said ordinance will be further consid- ered on Second Reeding for final ado~lon at a meeting of old Councll.Of the Boroulh of Carteret on March 2, 2006 at aøøroximatèly &:30 P.M.. Municipal C.urt/Polke FaelUty. 230 RooMveltAve- nue, Carter.-t:, New JerMN at which time and p¡ace ~~ g:r~~~~l..terestecl wI be glYen an opportunity KATHLEEN M. IlARNEY CERT'IFIED MUNICIPAL CLERK (tn.52) The following Resolution of IS a the true copy Borough or has February 14, 2006 D-ðfp~/C> ¿;¿ -....1. ' Notary Public of New Jersey a ~/v...:, 3441. BOROUGH Of CARTERET ORDINANCE #06-10 COUNTY OF MIDDLESEX CALENDAR YEAR 2006 ORDINANCE TO EXCEED THE MUNICIPAL BUD· GET APPROPRIATION LIMITS AND TO ESTAB- LISH A CAP BANK (N J.S.A ~A·4~.1~ WHEREAS, the Local Government ap aw. .J.SA 40A:4-45.1 et seq.. provides that in the preparation of its annual budget, a municipality shall limit any increase In said budget to 2.5% unless authorized by ordinance to increase it to 3.5% over the previ- ous year's final appropriations, subject to certain exceptions, and WHEREAS. N.J,SA. 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% percent- age rate as an exception to its final appropriations in either of the two succeeding years; and WHEREAS, the Mayor and Council of the Borough of Carteret in the County of Middlesex finds it advisable and necessary to increase its CY 2006 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 3.5% increase In the budget for said year amounting to $176.396.90 in excess of the increase In final appropriations otherwise per- mitted by the Local Government Cap Law. is advis- able and necessary WHEREAS, the Mayor and Borough Council hereby determines that any amount authorized herein above that is not appropriated as part of the final budget shall be retained as an exception to the final appropriations in either of the next two succeeding ~~W'THEREFORE BE IT ORDAINED, b the Mayor and Borough Council of the Borough of Carteret, in the County of Middlesex a majority of the full authorized membership of this ~overnln'ô body affir- ~e~~7e~~e c1i~~~r~i~~r¿~~i~ti~n¿ ~f \~e 2 B~~0~~~g~1 Carteret shall, in accordance with this ordinance and N.J.S.A. 40A:4-45.14, be increased by 3.5% amounting to $617.389.15 and that the CY 2006 municipal budget for the Borough of Carteret be approved and adopted in accordance with this ordinance: and, BE IT FURTHER ORDAINED, that any amount au- thorized hereinabove that is not appropriated as part of the '-'nal budget shall be retained as an exception to fmal appropriation in either of the next k~olTuFcJRT~Ë~ beRÓ¡IÑ~ß, that a certified copy of this ordinance as introduced be filed with the Director of the Division of Local Government Ser- 'BitW F~~i~Hl~aÓ~Ö¡I~trö,dfhc:lo;~:~t?fíed copy of this ordinance upon adoption, with the recorded vote included thereon. be filed with said Director within 5 days after such adoption. The foregoing ordinance was introduced at a meet- Ing of the Council of the Borough of Carteret held February 9. 2006 when it was adopted on First Reading. The said ordinance will be further consid- ered on Second Reading for final adoption at a meeting of said Council of the Borough of Carteret on March 2, 2006 at approximately 6:30 P.M., Municipal Court/Police Facility, 230 Roosevelt Ave- nue, Carteret. New Jersey at which time and place an persons interested will be given an opportunity to be heard. KATHLEEN M. BARNEY CERTIFIED MUNICIPAL CLERK ($59.52) 34418 1~ ;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 Home- News Tribune, a newspaper which is printed in Freehold, New Jersey and published in Neptune, in said County and State and of general circulation in said county. On" (1) times, once in each issue as follows: Marc.h 7, 2006 (~~a~ Notary Public of New Jersey t Kathleen Barney, RlY Municipal Clerk· Sworn and subscribed before me this t'J:I.. day of /L1 CV1 . d-CO .. r"' \ ' IIQIØJIIII CIIIIIIET OItDINAHCI.fI __TO'· ORCII~""I-r ~.....- ~.TO ~~ 5df.'~".") ~ ~ ~..-- ..---"""-~ ... 01 PUbIo ~ F.bru.ry ~1''''''"' ~, :!006 . ~D~EL J. RE~'\ ~=ertl.ecI.. tln.lly ~, ~~~. ~~ 11.'3, ¿J- 06 - I () BOROUGH OF CARTERET ORDINANCE# 06-10 ORDINANCE TO EXCeeD THE MUNICIPAL BUDGET APPROPRIATION LIMITS AND TO ESTABLISH A CAP BANK (NJ5A 40A: 4-45.15.14) APPROVED AND ADOPTED: March 2, 2006 INTRODUCED: February 9, 2006 Advertised .s adopted on first reading witti no- tice of Public Aearing: February 14, 2006 ~~~~i~~.H:~~:6 AD",o.od By: MAYOR DANIEL J. REI- MAN Advertised .a finally adopted: ~T1~L~E~og~ BARNEY, MUNICIPAL CLERK ($14.52) 116013 .----