2016 Adopted Budget

The Borough of Penns Grove's 2016 Municipal Budget outlines the financial plan for the calendar year, detailing anticipated revenues and appropriations. Key components include general revenues from sources like surplus, state aid, and delinquent taxes, alongside general appropriations for various municipal purposes such as public safety, public works, and debt service. The budget adheres to the state's appropriation cap laws and levy cap calculations, ensuring responsible fiscal management and transparency in municipal operations. The budget was approved by the Borough Council on March 15, 2016, and a public hearing was held on April 19, 2016. Several key officials are involved in the oversight of this budget, including the Municipal Clerk Deborah Scott, Chief Financial Officer Michael J. Welding, and Registered Municipal Accountant Adam Telsey. The budget document also includes a three-year Capital Improvement Program, with one project, Delaware Avenue Pump Station Improvements, slated for funding in 2016.