Revised Notice of Introduction Ordinance 26-01

This document is a revised public notice from the Township of Neptune regarding Ordinance 26-01. The ordinance proposes to exceed the municipal budget appropriation limits for Calendar Year 2026, increasing the allowed budget increase to 3.5% in accordance with the Local Government Cap Law, and to establish a Cap Bank. The purpose is to allow for greater budgetary flexibility. The ordinance was initially introduced and passed on first reading on January 12, 2026. A previously scheduled public hearing was cancelled due to a snow emergency. The Township Committee will now hold a public hearing for final passage on February 9, 2026, at 7:00 p.m. at the Neptune Township Municipal Complex. Interested persons are invited to attend and provide input. Copies of the full ordinance or a summary are available at no cost to the public in the Clerk's Office during normal business hours.