2022 Adopted Budget

This document represents the 2022 Municipal Budget for the Borough of Rockaway, located in Morris County, New Jersey. It outlines the planned revenues and appropriations for the fiscal year, detailing both general government expenses and various sources of revenue, including property taxes, state aid, and miscellaneous revenues. The budget was approved by the Governing Body on March 10th, 2022, and a public hearing was scheduled for April 14th, 2022, to allow taxpayers and interested parties to voice their objections. The budget document includes details on the 'CAP' calculation, which refers to limitations on municipal spending, and the 'Levy Cap,' which restricts the amount to be raised by taxation.