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RESOLUTION CANCELLING GENERAL CAPITAL FUND APPROPRIATION BALANCES PURSUANT TO N.J.S.A. 40A:4-60
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WHEREAS, the County of Passaic (“County”) is a body politic and corporate pursuant to N.J.S.A. 40:18-1 and vested with all rights contained therein; and
WHEREAS, pursuant to N.J.S.A. 40:20-1, the Board of County Commissioners of the County of Passaic (“Board”) is vested with managing the property, finances, and affairs of the County; and
WHEREAS, pursuant to N.J.S.A. 40A:4-60, any unexpended balances of appropriations may, by resolution of the Board, be canceled prior to the end of the fiscal year; and
WHEREAS, the Chief Financial Officer has reviewed the General Capital Fund appropriations, as set forth herein, and is recommending to the Board that same be cancelled as they are no longer needed for the purposes in which they were appropriated; and
WHEREAS, this matter was discussed at the August 26, 2026, meeting of the Administration and Finance Committee and is being recommended to the Board for approval.
NOW, THEREFORE, LET IT BE RESOLVED, pursuant to N.J.S.A. 40A:4-60, that the Board of Chosen Freeholders of the County of Passaic authorizes the Chief Financial Officer to cancel the following General Capital Fund appropriation balances:
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Account |
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Project |
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Amount |
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C-04-55-118-000-000 |
PC Tech Buildings &Grounds Improvements |
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$89,726.70 |
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C-04-55-143-000-000 |
PCTI Stem Academy |
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$79,027.45 |
LET IT BE FURTHER RESOLVED that the Chief Financial Officer and County Treasurer are authorized to take any action necessary to carry out the purpose of this resolution.
NB September 8, 2026