26-07 - Calendar Year 2026 Ordinance to Exceed the Municipal Budget Appropriation Limits and to Establish A Cap Bank

This is an ordinance from the Borough of River Edge regarding the municipal budget appropriation limits for the calendar year 2026. It authorizes an increase of up to 3.5% over the previous year's final appropriations, amounting to $558,331.20. The ordinance also establishes a cap bank, allowing any unappropriated amount to be retained as an exception to final appropriation in either of the next two succeeding years.