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Finance Department

(973) 593-0125
Hartley Dodge Memorial Building
50 Kings Road
Madison, NJ 07940 (map)

2014 Budget Process

This page outlines the 2014 budget schedule and includes presentations made to Council.


January 13, 2014.  PRELIMINARY CAPITAL BUDGET.  The Capital Budget was discussed in detail with Administration advocating for a $3.5 million Capital Budget for 2014.   A detailed 5 Year Capital Plan was also presented and discussed.


January 27,  2014.  MUNICIPAL OPERATING BUDGET.  The Municipal Operating Budget was presented and various options discussed.

February 1, 2014.  Special Saturday meeting.  The Electric Utility Budget Presentation.  Document was presented and discussed.  Councilman Wolkowitz discussed budget basics with a BUDGET 101 document and discussed an alternate budget concept.  Mayor Conley gave a Budget Town Hall Presentation as well.  The Elected Officials also recieved detailed Department Budgets at this time.

February 10, 2014.  Presentation from the Madison Athletic Foundation.  Department Budgets were also discussed with various Department Heads in attendance.

February 11, 2014.  The following documents were distributed to Council.
  1. Memo from Ray Codey and Jim Burnet.
  2. Updated Muncipal Operating Budget figures.
  3. Updated Electric Budget figures (Note: the cover page is mislabeled but the information is correct).

February 24, 2014.  The Council discussed the budget in totality on February 24 using the Revised Budget document was used as a basis for discussion.  Mr. Rowe and Mr. Catalanello distributed an alternate budget and comments.

March 10, 2014.  Budget was introduced and the following documents distributed.,   2014 Budget Handout and 2014 Introductory Budget.