2026 Municipal Budget Summary.

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DUE: 6/9/2026

VALUE: TBD

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Executive Summary

This document outlines the 2026 Municipal Budget for the Borough of Rumson, County of Monmouth. It provides a detailed summary of anticipated revenues, including surplus, miscellaneous revenues, receipts from delinquent taxes, and local tax for municipal purposes. The appropriations side details operating expenses for salaries and wages, other expenses, deferred charges, capital improvements, debt service, and reserves for uncollected taxes. The total general revenues and appropriations for 2026 are projected at $23,922,631.54. A public hearing is scheduled for June 9, 2026, at 7:30 PM to address objections to the budget and tax resolution. The budget document is available for review at the Municipal Clerk's office in Borough Hall during business hours.

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Document Text

--- Document: 2026 Municipal Budget Summary. Document ---
of the
RUMSON
County of
for the fiscal year 2026.
2026
2025
1. Surplus
3,800,000.00
$         
2,800,000.00
$        
2. Total Miscellaneous Revenues
4,451,865.07
           
4,564,741.19
          
3. Receipts from Delinquent Taxes
340,000.00
              
370,000.00
             
4. a) Local Tax for Municipal Purposes
15,330,766.47
         
14,742,795.43
        
b) Addition to Local School District Tax
-
                           
-
                          
c) Minimum Library Tax
-
                           
-
                          
             Tot Amt to be Rsd by Taxes for Sup of Muni Bnd
15,330,766.47
         
14,742,795.43
        
                               Total General Revenues
23,922,631.54
$       
22,477,536.62
$      
2026 Budget
Final 2025 Budget
1. Operating Expenses: 
Salaries & Wages
6,434,811.83
$         
6,133,446.00
$        
Other Expenses
9,490,239.88
           
9,318,529.31
          
2. Deferred Charges & Other Appropriations
1,521,496.37
           
1,557,728.35
          
3. Capital Improvements
3,788,058.00
           
2,812,419.85
          
4. Debt Service (Include for School Purposes)
1,361,822.77
           
1,400,006.00
          
5. Reserve for Uncollected Taxes
1,326,202.69
           
1,255,407.11
          
                       Total General Appropriations
23,922,631.54
$       
22,477,536.62
$      
Total Number of Employees
118
117
General
 
Interest 
380,115.02
$               
Principal
8,160,250.26
              
Outstanding Balance
8,540,365.28
$            
Notice is hereby given that the budget and tax resolution was approved by the
of the
, County of
on
, 2026.
A hearing on the budget and tax resolution will be held at
, on
, 2026 at
o'clock PM at which time and place
objections to the Budget and Tax Resolution for the year 2026 may be presented by taxpayers or
other interested parties.
Copies of the budget are available in the office of 
at
the Municipal Building,
New Jersey,
during the hours of
to
4:30 PM
.
2026  Municipal  Budget
Summary of Revenues
Summary of Appropriations
Anticipated
BOROUGH
MONMOUTH
of
07760
8:30 AM
Revenue and Appropriations Summaries
MONMOUTH
May 12
the Municipal Clerk
of
Borough Hall
June 9
7:30
80 East River Road, Rumson
Balance of Outstanding Debt
COUNCIL MEMBERS
BOROUGH
RUMSON

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2026 Municipal Budget Summary. Document

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Municipal Clerk

Borough Hall

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First Discovered

May 14, 2026

Last Info Update

May 14, 2026

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