2022 Municipal Budget Adopted Certified by State

The document presents the adopted municipal budget for the Borough of Waldwick, Bergen County, New Jersey, for the fiscal year 2022. It outlines the revenues, appropriations, and capital budget for the municipality, detailing various funds and revenue sources, such as local tax levies, state aid, and miscellaneous revenues. The budget also incorporates dedicated revenues from the water utility and outlines capital improvement programs for the upcoming years, with project schedules extending to 2027. It includes a public hearing scheduled for April 12, 2022, for taxpayers and interested persons to present objections to the budget and tax resolution. The budget projects a municipal tax rate increase of 2% compared to 2021. Summaries of appropriations for both general operations and water utility are presented, along with calculations for the spending and levy caps. It shows a comparison of tax rates and assessed values between the prior and current budget years. The document details how the "CAP" was calculated, provides a summary by function of appropriations that are spread among multiple line items, and discusses health insurance costs, and the 2010 Local Unit Levy Cap Law. The document certifies that the approved budget is a true copy of the original on file with the Clerk of the Governing Body and that the amounts to be raised by taxation for local purposes have been compared with the approved Budget. It provides a full name of the municipality, the county, the governing body members and municipal officials.