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Notice of Introduction Ordinance 26-01
BID #: 26-01
DUE: 1/26/2026
VALUE: TBD
100
Rating
Risk Rank
Green Risk
AI-Powered Lead Insights
Executive Summary
Ordinance 26-01, introduced by the Township of Neptune, aims to exceed the municipal budget appropriation limits and establish a Cap Bank, in accordance with N.J.S.A. 40A: 4-45.14. This ordinance seeks to increase the allowed CY 2026 budget increase to 3.5% following the Local Government Cap Law.
The ordinance was introduced and passed on first reading on January 12, 2026. A public hearing for final passage will be held on January 26, 2026, at 7:00 p.m. at the Neptune Township Municipal Complex, located at 25 Neptune Blvd., Neptune NJ, where interested parties can voice their opinions and ask questions.
Detailed Risk Breakdown
local preference
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performance bond
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liquidated damages
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Quick Actions
Contacts
William Bray
Township Clerk
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Timeline
First Discovered
Apr 2, 2026
Last Info Update
Apr 2, 2026
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