2026 MUNICIPAL BUDGET

 



2026  Municipal     Budget



















of theCITYof
VENTNOR CITY
County of





ATLANTIC
for the fiscal year 2026.






















Revenue and Appropriations Summaries



































Summary of RevenuesAnticipated











2026
2025




1.Surplus




4,620,000.00
4,550,000.00




2.Total Miscellaneous Revenues


5,907,406.94
4,971,185.47




3.Receipts from Delinquent Taxes


900,000.00
900,000.00




4.a) Local Tax for Municipal Purposes


29,978,899.21
28,236,361.17





b) Addition to Local School District Tax


1,321,937.50
1,318,987.51





c) Minimum Library Tax













             Tot Amt to be Rsd by Taxes for Sup of Muni Bnd


31,300,836.71
29,555,348.68




                                            Total General Revenues


42,728,243.65
39,976,534.15




















































Summary of Appropriations2026 Budget
Final 2025 Budget




1.Operating Expenses: Salaries & Wages


17,189,000.00
16,397,300.00







Other Expenses


11,945,666.51
10,333,100.18




2.Deferred Charges & Other Appropriations


5,697,713.00
4,766,005.71




3.Capital Improvements




200,000.00
200,000.00




4. Debt Service (Include for School Purposes)


5,058,830.67
5,601,914.31




5.Reserve for Uncollected Taxes

#2,604,033.47
2,478,213.95





                       Total General Appropriations


42,695,243.65
39,776,534.15




Total Number of Employees




138
140























































2026 DedicatedWATER & SEWER
Utility Budget






Summary of RevenuesAnticipated











2026
2025




1.Surplus




677,017.29
516,000.00




2.Miscellaneous Revenues





8,060,000.00
7,780,478.26




3.Deficit  (General Budget)














                     Total Revenues





8,737,017.29
8,296,478.26




















Summary of Appropriations2026 Budget
Final 2025 Budget




1.Operating Expenses:Salaries & Wages


1,682,000.00
1,612,000.00







Other Expenses


4,066,300.00
3,767,750.00




2.Capital Improvements












3.Debt Service




2,856,617.29
2,784,628.26




4.Deferred Charges & Other Appropriations


132,100.00
132,100.00




5.Surplus  (General Budget)











                               Total Appropriations


8,737,017.29
8,296,478.26




Total Number of Employees




21
22




































































Balance of Outstanding Debt







General


WATER & SEWER
Type I School




Interest 

7,823,367.02


3,408,351.59
624,912.50




Principal

35,060,352.52


18,892,356.00
5,820,000.00




Outstanding Balance
42,883,719.54


22,300,707.59
6,444,912.50




































Notice is hereby given that the budget and tax resolution was approved by theCOMMISSIONERS



of theCITYofVENTNOR CITY, County of




ATLANTIConAPRIL 23
, 2026.






















A hearing on the budget and tax resolution will be held atCITY HALL, on



MAY 28, 2026 at5:30o'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 CITY CLERKat



the Municipal Building,6201 ATLANTIC AVENUENew Jersey,




609-823-7900during the hours of
9:00 AMto4:00 PM.
















More: Public Notices - Home Page Public Notices - City Clerk