title
Resolution of the Mayor and Council of Princeton Approving Emergency Temporary Appropriations for the 2026 Current Fund Budget
end
body
WHEREAS an emergent 2026 condition has arisen with respect to the 2026 Current Fund Budget, due to the lack of an adopted 2026 Current Fund Budget and no adequate provision has been made in the 2026 temporary budget for appropriations for the next several months, and N.J.S.A. 40A:4-20 provides for the creation of an emergency temporary appropriation for the purpose above mentioned, and
WHEREAS, the total emergency temporary resolutions adopted in the year 2026 pursuant to the provisions of Chapter 96, P.L. 1951 (N.J.S.A. 40A:4-20) including the original 2026 temporary budget and this resolution total $61,410,835
NOW, THEREFORE, BE IT RESOLVED, (not less than two-thirds of all the members thereof affirmatively concurring) that in accordance with the provisions of N.J.S.A. 40A:4-20:
1. An emergency temporary appropriation be and the same is hereby made as follows per the below listed appropriations in the amount of $4,978,835
Public Employees Retirement System $1,920,000
Police & Firemen’s Retirement System $2,710,000
Interlocal Services Agreement - Princeton Public School $ 348,835
2. That the emergency temporary appropriation has been provided for in the 2026 Budget under the said title.
3. That one certified copy of this resolution be filed with the Director of the Division of Local Government Services.