Mayor and Council to introduce ordinance to exceed 2 percent cap and establish a CAP Bank.
The Mayor and Council will introduce the 2013 Municipal Budget at Thursday's Mayor and Council meeting. On the agenda is the introduction of an ordinance to exceed the 2 percent cap and establish a CAP Bank. Local governments can circumvent the 2 percent cap on municipal budget increases if an ordinance is adopted establishing a "cap" bank. The passage of the ordinance permits the governing body, in certain situations, to increase its budget in an amount not to exceed 3.5 percent of the preceding year’s appropriations level. The law establishes that the cap can be exceeded without having to go to the public for a vote if a town needs to meet certain capital expenditures, including debt service, or if there is an increase in pension …
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In the wake of the Newtown massacre, schools coping with upgrading security without going over the 2 percent cap may get relief from pending legislation.
In the wake of Newtown, schools everywhere are performing security audits and collaborating with local law enforcement to implement new security intitiatives. At last week's Town Hall meeting, Fort Lee Police Chief Keith Bendul and the Board of Education talked about amped up security within the Fort Lee Schools and confirmed that they are in the process of reviewing security plans within each school with the intent of putting new measures into place. In addressing the concerns of parents who want a more visible police presence at the schools, Bendul said, "We are increasing our footprint within the district" by having a more visible police presence in and around the schools. However, the question being asked by many Superintendents is how…
William Mays
5:45 pm on Thursday, March 14, 2013
They already have a pretty much fully equipped one for the cops, why not convert it? more ›