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

2020 Budget Process

Monday December 9, 2019. Engineer Bob Vogel presented the 5 year capital plan and discussed the Road Reconstruction and Milling & Overlay projects for 2020.

Thursday December 19, 2019. Council held a hearing on Bond Ordinance 56-2019 authoring borrowing $1,272,000 to fund improvements at the Madison Chatham Joint Meeting sewage processing plant.

Monday, January 13, 2020. A presentation on Open Space and Capital review was presented to Council and discussed as well. An Ordinance for 2020 Road Reconstruction and Milling & Overlay were introduced as well. 

Monday, January 27, 2020. Council received a presentation on the Utilities budget, including the Department of Public Works, Water and Electric.

Thursday, January 30, 2020. The Annual Debt Statement was filed with the State of NJ Division of Local Government Services as per NJSA 40A:2-40.

Monday, February 10, 2020. The Police Department and draft budget was presented to Council that included details on appropriations and municipal surplus. 

Monday, February 24, 2020. Various Department Heads gave a presentation and discussed their 2019 accomplishments as well as their 2020 goals, objectives and capital requests. 

Monday, March 2, 2020 (Special Meeting). The final budget meeting was held where the revised budget was presented and discussed along with strategic planning guidelines. 

Monday, March 30, 2020. 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).

The tentative budget schedule for 2020 is as follows:

  • April 27: Budget adoption.