2026 municipal budget advertsiement

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DUE: 4/15/2026

VALUE: $2.9M

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Executive Summary

The Borough of Interlaken's 2026 Municipal Budget includes revenue and appropriations summaries. Key revenue sources include surplus, miscellaneous revenues, receipts from delinquent taxes, and local tax for municipal purposes. Total general revenues are projected at $2,899,509. Total general appropriations include operating expenses, deferred charges, capital improvements, debt service, and reserve for uncollected taxes, totaling $2,899,509. A hearing on the budget and tax resolution will be held on April 15, 2026, at 7:30 PM at the Borough of Interlaken.

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--- Document: 2026  municipal  budget advertsiement Document ---
2026  Municipal  Budget 
of the 
BOROUGH 
of 
INTERLAKEN 
  County of 
  
MONMOUTH   
for the fiscal year 2026. 
Revenue and Appropriations Summaries 
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
Summary of Revenues 
Anticipated 
  
  
  
  
  
  
  
  
  
  
2026 
  
2025 
  
  
  
1. 
Surplus 
  
  
  
  
  
300,000.00 
  
288,186.00 
  
  
  
2. 
Total Miscellaneous Revenues 
  
  
  
216,266.00 
  
192,978.00 
  
  
  
3. 
Receipts from Delinquent Taxes 
  
  
  
25,000.00 
  
15,000.00 
  
  
  
4. 
a) Local Tax for Municipal Purposes 
  
  
  
2,358,243.00 
  
2,287,106.00 
  
  
  
  
b) Addition to Local School District Tax 
  
  
  
  
  
  
  
  
  
  
c) Minimum Library 
Tax 
  
  
  
  
  
  
  
  
  
  
  
  
             Tot Amt to be Rsd by Taxes for Sup of Muni Bnd 
  
  
  
2,358,243.00 
  
2,287,106.00 
  
  
  
                                    Total General Revenues 
  
  
  
2,899,509.00 
  
2,783,270.00 
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
Summary of Appropriations 
2026 Budget 
  
Final 2025 Budget 
  
  
  
1. 
Operating 
Expenses:  
Salaries & Wages 
  
  
  
630,968.00 
  
623,828.00 
  
  
  
  
  
  
Other Expenses 
  
  
  
1,882,445.00 
  
1,779,905.00 
  
  
  
2. 
Deferred Charges & Other Appropriations 
  
  
  
133,846.00 
  
130,037.00 
  
  
  
3. 
Capital 
Improvements 
  
  
  
  
  
10,000.00 
  
10,000.00 
  
  
  
4.  
Debt Service (Include for School Purposes) 
  
  
  
155,250.00 
  
155,500.00 
  
  
  
5. 
Reserve for Uncollected Taxes 
  
  
# 
87,000.00 
  
84,000.00 
  
  


  
  
                       Total General Appropriations 
  
  
  
2,899,509.00 
  
2,783,270.00 
  
  
  
Total Number of 
Employees 
  
  
  
  
  
15 
  
15 
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
Balance of Outstanding Debt 
  
  
  
  
  
  
General 
  
  
  
  
  
  
  
  
  
Interest  
  
  
190,000.00 
  
  
  
  
  
  
  
  
  
Principal 
  
  
905,000.00 
  
  
  
  
  
  
  
  
  
Outstanding Balance 
  
1,095,000.00 
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
Notice is hereby given that the budget and tax resolution was approved by the 
COUNCIL MEMBERS 
of the 
BOROUGH 
of 
INTERLAKEN 
, County of 
MONMOUTH 
on 
March 18 
  
, 2026. 
A hearing on the budget and tax resolution will be held at 
Borough of Interlaken 
, on 
April 15 
, 2026 at 
7:30 
o'clock PM at which time and place 
objections to the Budget and Tax Resolution for the year 2026 may be presented by taxpayers or 
other interested parties. 
Copies of the budget are available in the office of  
Lori Farruggia Borough Clerk/Administrator 
at 
the Municipal Building, 
100 Grasmere Avenue, Interlaken 
New Jersey, 
732-531-7405 
during the hours of 
  
9:00 AM 
to 
4:30 PM 
.