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RESOLUTION ADOPTING A TEMPORARY CAPITAL BUDGET, PURSUANT TO N.J.A.C. 5:30-4.3
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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, et seq. and vested with all rights contained therein; and
WHEREAS, pursuant to N.J.S.A. 40:20-1 the Board of County Commissioners for the County of Passaic (“Board”) is vested with managing the property, finances, and affairs of the County; and
WHEREAS, pursuant to N.J.A.C. 5:30-4.3(a), the County shall prepare and adopt a capital budget, in conjunction with its annual operating budget, for any year in which it plans to undertake a capital project; and
WHEREAS, pursuant to N.J.A.C. 5:30-4.3(b), prior to the final adoption of the annual budget, the County may adopt a temporary capital budget which shall subsequently be included in the annual budget; and
WHEREAS, the County wishes to adopt the attached temporary capital budget, which is made a part of this Resolution.
NOW, THEREFORE, LET IT BE RESOLVED, pursuant to N.J.A.C. 5:30-4.3(b), that the Board of County Commissioners of the County of Passaic hereby adopts the attached temporary capital budget, which is made a part of this Resolution.
LET IT BE FURTHER RESOLVED that the Chief Financial Officer, County Administrator, County Counsel, and County Treasurer are authorized to take any and all action to carry out the purposes of this Resolution.
NB February 10, 2026