>Village Council looks at Preliminary Budget Numbers
the Staff of the Ridgewood blog
Ridgewood NJ – With the Village budget set to increase 7.81% the Village Council has started the process of working down the budget increase to get it within a 2% state-mandated cap. The council is expected to pass a resolution allowing it to raise the budget by 3.5 % ,however passing this measure would not necessarily mean the budget will come in over the 2% cap.
The Village needs to cut at least $377,000 from the current preliminary budget numbers. Village Manager Ken Gabbert told the Ridgewood News that at the same time that at this time last year,the Village was looking at a 13.4% budget increase . Measures were taken including employee layoffs that brought the increase down to a still sizable increase of 4.79% . No layoffs have been discussed so far this year.
