2016 Adopted Budget

This document presents the City of Ventnor City's Municipal Budget for the fiscal year 2016, detailing the financial plan, anticipated revenues, and appropriations across various municipal functions. It includes a comprehensive overview of operating expenses, departmental budgets, statutory expenditures, and a six-year capital improvement program. The budget outlines total general appropriations of $29,255,893 for 2016, covering municipal purposes, local school district funding, and a reserve for uncollected taxes. It also projects a capital improvement program with total estimated costs of $11,677,887 over six years, addressing infrastructure, public safety, and other city needs. The budget was approved by resolution on February 18, 2016, with a public hearing held on March 17, 2016, the same day it was formally adopted.