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Neptune CityGreen Risk
Closed
General

Revised Notice of Introduction Ordinance 26-01

BID #: N/A
ISSUED: 1/12/2026
DUE: TBD
VALUE: TBD
100
Rating

Risk Rank

Green Risk

AI-Powered Lead Insights

Executive Summary

Neptune Township has issued a revised public notice for Ordinance 26-01, which proposes to exceed municipal budget appropriation limits and establish a Cap Bank for Calendar Year 2026. This ordinance would increase the allowed budget appropriation to 3.5% in compliance with the Local Government Cap Law. The ordinance was initially introduced and passed on first reading by the Township Committee on January 12, 2026. A previously scheduled public hearing on January 26, 2026, was cancelled due to inclement weather. A public hearing for final passage of Ordinance 26-01 is now scheduled for February 9, 2026, at 7:00 p.m. at the Neptune Township Municipal Complex. All interested parties are invited to attend, provide input, and ask questions. Copies of the ordinance are available for public review in the Clerk’s Office.

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 · Clerk's Office

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Timeline

First Discovered

Apr 28, 2026

Last Info Update

May 31, 2026

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