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VentnorGreen Risk
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General

2020 Adopted Budget

BID #: N/A
ISSUED: 4/9/2020
DUE: 5/28/2020
VALUE: $48,498,744.47
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Executive Summary

This document outlines the City of Ventnor City's 2020 Adopted Municipal Budget, detailing the allocation of funds across various municipal departments, capital improvements, and debt services. It includes a comprehensive summary of anticipated revenues and appropriations, with significant portions dedicated to municipal purposes, local district school funding, and a reserve for uncollected taxes. Key figures indicate total general appropriations of $48,498,744.47 for the fiscal year 2020. The budget also provides a six-year capital improvement program from 2020 to 2025, projecting expenditures for projects like Beach Patrol Equipment, Fire Department Equipment, Public Works Equipment, Roads, Drainage & Improvements, and Water & Sewer Improvements, with an estimated total cost of $18,965,562.00 over the period.

Detailed Risk Breakdown

local preference

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performance bond

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liquidated damages

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Contacts

Albert Stanley

Chief Financial Officer

hidden@email.com
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Leon P. Costello

Registered Municipal Accountant

hidden@email.com
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(***) ***-****
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Timeline

First Discovered

Apr 28, 2026

Last Info Update

May 31, 2026

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