2025 Adopted Budget

This document presents the proposed municipal budget for the Borough of Rockaway, Morris County, New Jersey, for the fiscal year 2025. It details anticipated revenues, including surplus, miscellaneous revenues, state aid, and receipts from delinquent taxes, alongside proposed appropriations for various municipal purposes. The budget also includes information on the calculation of the levy cap and adjustments related to health insurance costs, pension obligations, and capital improvements. Key figures include the amount to be raised by taxes for municipal purposes ($7,316,148.81) and the total general appropriations ($12,549,458.08). The budget was approved on March 13, 2025, with a public hearing scheduled for April 10, 2025.