Document Text
--- Document: Ordinance 6, 2026 Exceed the CAP (4/22/2026) Document ---
ORDINANCE NO. 6, 2026
AN ORDINANCE TO EXCEED THE MUNICIPAL BUDGET APPROPRIATION LIMITS
AND TO ESTABLISH A CAP BANK
WHEREAS, the Local Government Cap Law, N.J.S.A. 40:A:4-45.1.,
provides that in the preparation of its annual budget, a
municipality shall limit any increase in said budget up 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 Common Council of the City of Linwood in the
County of Atlantic finds it advisable and necessary to increase
its CY 2026 budget up to 3.5% over the previous year’s final
appropriations, in the interest of promoting health, safety and
welfare of the citizens; and,
WHEREAS, the Common Council hereby determines that a 3.5%
increase in the budget for said year, amounting to $342,373.87 in
excess of the increase in final appropriations otherwise permitted
by the Local Government Cap Law, is advisable and necessary; and,
WHEREAS, the Common Council hereby determines that any amount
authorized hereinabove that is not appropriated, as part of the
final budget shall be retained as an exception to final
appropriating in either of the next two succeeding years.
NOW THEREFORE BE IT ORDAINED, by the Common Council of the
City of Linwood, in the County of Atlantic, a majority of the full
authorized membership of this governing body affirmatively
concurring that, in the CY 2026 budget year, the final
appropriations of the City of Linwood shall, in accordance with
this ordinance and N.J.S.A. 40A:4-45.14, be increased by 3.5%
amounting to $362,222.61, and that the CY 2026 municipal budget
for the City of Linwood 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.
FIRST READING:
April 22, 2026
PUBLICATION:
April 23, 2026
PASSAGE:
May 11, 2026
The within Ordinance was introduced at a meeting of the Common
Council of the City of Linwood, County of Atlantic and State of
New Jersey held on Aril 22, 2026 and will be further considered
for final passage after a public hearing thereon at a meeting of
said Common Council on May 11, 2026.
__________
LEIGH ANN NAPOLI, RMC, MUNICIPAL CLERK
______________________________________
DARREN MATIK, MAYOR