Skip to content
Home 9 Legal Notices 9 24243813 – CAP Bank Advertisement

24243813 – CAP Bank Advertisement

BOARD OF COMMISSIONERS
COUNTY OF HUDSON
R E S O L U T I O N

No. On Motion of Commissioner Romano
Seconded by Commissioner Kopacz

RESOLUTION TO EXCEED THE COUNTY TAX LEVY LIMITS
AND TO ESTABLISH A CAP BANK AS PER
(N.J.S.A. 40A:4-45.15)

WHEREAS, the Local Government Cap Law, N.J.S.A. 40A:4-45.1. et. seq., provides that in the preparation of its annual budget, a County shall limit any increase in its Tax Levy up to 2.5% unless authorized by Resolution to increase it to 3.5% over the previous year’s County Tax Levy, subject to certain exceptions; and

WHEREAS, N.J.S.A. 40A:4-45.15(b) provides that a County may, when authorized by Resolution, appropriate the difference between the amount of its actual County Tax Levy and the 3.5% percentage rate as an exception to its final County Tax Levy in either of the next two succeeding years; and

WHEREAS, the Board of Commissioners of the County of Hudson (“this Board”) finds it advisable and necessary to increase its CY 2026 budget by up to 3.5% over the previous year’s final County Tax Levy, in the interest of promoting the health, safety and welfare of the citizens; and

WHEREAS, this Board hereby determines that a 3.5% increase in the budget for said year, amounting to $4,451,191.53 in excess of the increase in final County Tax Levy otherwise permitted by the Local Government Cap Law, is advisable and necessary; and

WHEREAS, this Board hereby determines that any amount authorized hereinabove that is not levied as part of the final budget shall be retained as an exception to the final County Tax Levy in either of the next two succeeding years; and

WHEREAS, this Resolution shall be published in its entirety on the County website, www.hcnj.us under the legal notices section according to law and that a public hearing will be held on the Resolution on June 9, 2026, at 6:00 p.m., in the Commissioners Chambers in the Administration Annex, 567 Pavonia Avenue, Jersey City, New Jersey 07306.

NOW, THEREFORE, BE IT RESOLVED, by the Board of Commissioners of the County of Hudson, that a majority of the full authorized membership of this governing body affirmatively concurring, that, in the CY 2026 budget year, the Budget of the County of Hudson shall, in accordance with this Resolution and N.J.S.A. 40A:4-45.14 be increased by 3.5% amounting to $4,451,191.53, and that the CY 2026 County budget for the County of Hudson be approved and adopted with this Resolution; and

BE IT FURTHER RESOLVED that any amount authorized hereinabove that is not levied as part of the final budget shall be retained as an exception of final County Tax Levy in either of the next two succeeding years; and

BE IT FURTHER RESOLVED that a certified copy of this Resolution as introduced be filed with the Director of the Division of Local Government Services within (5) five days of introduction; and

BE IT FURTHER RESOLVED that a certified copy of this Resolution upon adoption, with the recorded vote included thereon, be filed with said Director within 5 days after such adoption.

I, CAROL JEAN DOYLE, Clerk of the Board of County Commissioners of the County of Hudson in the State of New Jersey, DO HEREBY CERTIFY the attached resolution to be a true copy of a resolution adopted at a meeting of said Board held on May 14, 2026.

CAROL JEAN DOYLE

Clerk

Translate »