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ORDINANCE 12-2006 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 to 2.5% 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 Township of Mendham in the County
of Morris 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 Township Committee hereby
determines that a 3.5% increase in the budget for said year, amounting to
$47,575.95 in excess of the increase in final appropriations otherwise permitted
by the Local Government Cap Law, is advisable and necessary; and, WHEREAS, the NOW THEREFORE BE IT ORDAINED, by the Township
Committee of the Township of Mendham, in the County of Morris, a majority of the
full authorized membership of this governing body affirmatively concurring,
that, in the CY 2006 budget year, the final appropriations of the Township of
Mendham shall, in accordance with this ordinance and N.J.S.A. 40A: 4-45.14, be
increased by 3.5%, amounting to $166,515.83, and that the CY 2006 municipal
budget for the Township of Mendham 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 of the next
two 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. Adopted: March
28, 2006 Attest:
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By___________________________ Penny Newell, Township Clerk
Richard H. Krieg, Mayor |
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