BOROUGH OF RIVERTON
AN ORDINANCE TO EXCEED THE MUNICIPAL BUDGET APPROPRIATION LIMITS AND TO ESTABLISH A CAP BANK FOR CALENDAR YEAR 2021 (N.J.S.A. 40a:4-45.14)
PUBLIC NOTICE is hereby given that the foregoing Ordinance was introduced on the first reading by the Borough Council of the Borough of Riverton held on March 16, 2021. This Ordinance will be considered for final adoption after a public hearing to be held on April 20, 2021 at 7:00pm prevailing time via Zoom videoconference. Join Zoom Meeting
https://zoom.us/j/93447182894?pwd=SVN4TjJiM3FicGFxdVduQ2xvTVRBZz09 or Dial in by Phone: 1 646 558 8656, Meeting ID: 934 4718 2894 and Passcode: 008658.
The public may submit questions or comments via e-mail to firstname.lastname@example.org no later than 4pm on the day of the scheduled meeting. The public may also submit public comments in written letter form via mail or drop off to the municipal building located at 505A Howard Street Riverton, NJ 08077, during business hours no later than 4pm the day of the scheduled meeting. Previously submitted public comment shall be read aloud and addressed during the public meeting that will be heard to all remote participants and the public. The Governing Body may pass over duplicate written comments; however, each duplicate comment will be noted for the record with the content summarized. The chat option in Zoom shall not be considered nor recognized as a tool for Public Comments
A copy of the Ordinance may be obtained without cost by any member of the general public at the Clerk’s Office by calling 856-829-0120 on week days between the hours of 8:30am and 4:00pm.
The purpose of this Ordinance is to limit any increase in said budget to 1.0% to permit the final appropriation of the annual budget to increase by a percentage rate greater than the index rate 3.5% for 2021 as certified by the Director of Local Government Services in the Department of Community Affairs. The final appropriation may not exceed 3.5% rate as provided by law.
Attest: Michelle Hack, RMC