Borough of Elmwood Park Synopsis of 2025 Audit

SYNOPSIS OF 2025 AUDIT REPORT OF

 

BOROUGH OF ELMWOOD PARK

AS REQUIRED BY N.J.S. 40A:5-7

 COMBINED COMPARATIVE BALANCE SHEETS - REGULATORY BASIS

AS OF DECEMBER 31, 2025 AND 2024

                                     

                                                                                                2025               2024

                                     

ASSETS

Cash and Investments                                     $         19,552,075                    $         25,114,694

                                     

Taxes, Assessments, Liens and Utility Charges Receivable     1,836,027                    1,252,800

                                     

Property Acquired for Taxes-Assessed Value              23,450                         23,450

                                     

Accounts Receivable                                                   2,168,813                    2,815,764

                                     

Fixed Capital - Authorized and Uncompleted Utility  4,985,000                    4,985,000

                                     

Fixed Capital - Utility                                                   8,652,408                    8,652,408

                                     

Deferred Charges to Future Taxation-General Capital   29,118,665               29,628,611

                                     

Deferred Charges to Revenue of Succeeding Years    566,263                       1,462,235

                                     

Land, Buildings, Machinery, and Equipment  38,175,260                  36,615,221

                                     

TOTAL ASSETS                                      $       105,077,961                    $       110,550,183

                                     

LIABILITIES, RESERVES AND FUND BALANCE

                                     

Bonds, Notes and Loans Payable        $         22,514,567                    $         23,305,690

                                     

Improvement Authorizations              6,397,454                    7,840,891

                                     

Other Liabilities and Special Funds                 12,601,303                  15,440,236

                                     

Amortization of Debt for Fixed Capital                                   

  Acquired or Authorized                     12,172,700                  12,445,055

                                     

Reserve for Certain Assets Receivable            3,126,535                    2,300,807

                                     

Investments in General Fixed Assets   38,175,260                  36,615,221

                                     

Fund Balance  10,090,142                  12,602,283

                                     

TOTAL LIABILITIES, RESERVES AND                              

FUND BALANCE           $       105,077,961                    $       110,550,183

                                     

BOROUGH OF ELMWOOD PARK

COMPARATIVE STATEMENTS OF OPERATIONS

AND CHANGES IN FUND BALANCE - CURRENT FUND

REGULATORY BASIS

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

                                                                                               

                                                                        2025                2024

                                                                                               

REVENUE AND OTHER INCOME REALIZED                                        

                                                                                                 

 Fund Balance Utilized                                    $     5,285,000                          $        5,670,149

                                                                                               

 Miscellaneous-From Other Than                                                                  

    Local Property Taxes                                               10,270,569                  9,796,777

                                                                                               

 Collection of Delinquent Taxes                                                                     

    and Tax Title Liens                                                   563,183                       719,171

                                                                                               

 Collection of Current Tax Levy                                   70,105,598                  66,816,684

                                                                                               

 Other Credits to Income                                            1,436,583                    823,415

                                                                                               

            TOTAL INCOME                                               87,660,933                  83,826,196

                                                                                               

EXPENDITURES                                                                                  

                                                                                               

 Budget Appropriations:                                                                                 

                                                                                               

    Municipal Purposes                                     37,303,499                  35,962,974

                                                                                               

 County Taxes                                                  7,652,553                    6,902,608

                                                                                               

 Local  School Taxes                                        38,150,204                  37,534,767

                                                                                               

 Other Expenditures                                        87,295                         738,157

                                                                                               

            TOTAL EXPENDITURES                         83,193,551                  81,138,506

                                                                                               

 Excess in Revenue                                                      4,467,382                    2,687,690

                                                                                               

Adjustments to Income before Surplus:                                                        

  Expenditures Included Above Which are by Statute                                   

    Deferred Charges to Budget of Succeeding Year                                     -                570,000

                                                                                               

Statutory Excess to Surplus                                         4,467,382                    3,257,690

                                                                                                 

                                                                                                 

 Fund Balance, January 1                                           7,713,605                    10,126,064

                                                                                                 

                                                                        12,180,987                  13,383,754

                                                                                                 

 Less:  Utilization as Anticipated Revenue                              5,285,000                    5,670,149

                                                                                                 

 Fund Balance, December 31                                      $     6,895,987                          $        7,713,605

                                                                                                 

BOROUGH OF ELMWOOD PARK

COMPARATIVE STATEMENTS OF OPERATIONS AND CHANGES

IN FUND BALANCE - WATER UTILITY OPERATING FUND

REGULATORY BASIS

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

                                                                                                                                                                               

                                                                        2025                2024

                                                                                               

REVENUE AND OTHER INCOME REALIZED                                        

                                                                                               

 Surplus Anticipated                                        $       396,665

                                                                                                 

 Miscellaneous-From Other Than Local Water Rents $       118,332                        286,397

                                                                                               

 Collection of Water Rents                                          4,429,234                    4,651,283

                                                                                               

 Other Credits                                                  375,833                       174,898

                                                                                               

            TOTAL INCOME                                               4,923,399                    5,509,243

                                                                                               

EXPENDITURES                                                                                   

                                                                                               

 Budget Expenditures:                                                            

                                                                                               

  Operating                                                      3,660,000                    4,010,000

                                                                                               

  Debt Service                                                  379,856                       390,459

                                                                                               

  Deferred Charges and Statutory and Expenditures                           80,000                          69,029

                                                                                               

            TOTAL EXPENDITURES                         4,119,856                    4,469,488

                                                                                               

  Excess in Revenue                                                               803,543                     1,039,755

                                                                                               

Fund Balance, January 1                                                    4,639,318                     6,296,228

                                                                                               

                                                                               5,442,861                     7,335,983

 Decreased by:                                                                        

  Utilization by Current Fund Budget                                  2,381,000                     2,300,000

  Utilization by Water Operating Budget                                                    -                            396,665

                                                                                               

Fund Balance, December 31                                       $    3,061,861              $    4,639,318

                                                                                               

BOROUGH OF ELMWOOD PARK

RECOMMENDATIONS

                  

It is recommended that:

           

  1. Unfunded improvement authorizations that are over five years old, where projects have been

            completed, be funded through either a budget appropriation or through the issuance

            of temporary or permanent debt.

           

  1. All cash receipts/revenue collections be properly recorded within the accounting software

            to facilitate a more accurate reflection of departmental revenue and subsequent postings

            to the general ledger.

             

  1. Purchase orders be encumbered when contracts are awarded and prior to the ordering of

            goods and services.

           

  1. With respect to contracts awarded in excess of the bid threshold subject to the Local Public Contracts Law, it is recommended that:

           

  • Emergency contract be ratified by the governing body and included in the official minutes.

           

  • Requirements for the awarding of contract through the use of national cooperative purchasing agreements be adhered to in accordance with NJSA 52:34-6.2.

           

  1. All contracts and change orders approved by the governing body be encumbered when awarded.

           

  1. A report of accumulated sick and vacation time by employee be maintained on a current basis and be made available for audit on a timely basis.

                    

The above synopsis was prepared from the audit of the Borough of Elmwood Park, for the year 2025.  

This report of audit, submitted by Paul J. Lerch, Registered Municipal Accountant, is on file

at the Borough Clerk's office and may be inspected by any interested person.

 

Borough of Elmwood Park
Shanee Morris, RMC, CMR
Borough Clerk

           

Message from Mayor Colletti - 5/1/20

Dear Elmwood Park Residents,

It is with great disappointment that I report that after consulting with the Veteran’s Committee, we have no other choice but to cancel this years Memorial Day Parade. As it stands, the Governor’s Executive Order would make it impossible to have an event such as a parade.

Our plan is to have some sort of organized ceremony, once the Executive Order is lifted or relaxed, to honor our veterans, who bravely and honorably gave their lives for our great country.

On a more positive note, I have been collaborating with the Borough Administrator/Police Chief to formulate a plan to re-open our Borough Parks starting this Monday, May 4th.

We would have like to have had them open and ready for Saturday, but due to some logistical issues, it won’t be possible until Monday at around noon.

In the meantime, our County Park, Artesian Fields is open, effective Saturday, as per the Governor’s order.

Please do your best to enjoy what appears to be a beautiful weekend, weather-wise.

Stay safe and God Bless you and your family.

Mayor Robert Colletti

Adoption of Ordinance 26-18

BOROUGH OF ELMWOOD PARK

Ordinance #26-18

BOND ORDINANCE STATEMENT AND SUMMARY

The bond ordinance, the summary terms of which are included herein, has been finally adopted by the Borough Council of the Borough of Elmwood Park, in the County of Bergen, State of New Jersey, on August 6, 2026, and the 20-day period of limitation within which a suit, action or proceeding questioning the validity of such ordinance can be commenced, as provided in the Local Bond Law, has begun to run from the date of the first publication of this statement by its posting on the Borough's official Internet website.  Copies of the full ordinance are available, at no cost and during regular business hours, at the Clerk's office for members of the general public who request the same.  The summary of the terms of such bond ordinance follows:

Title:  BOND ORDINANCE TO AUTHORIZE THE MAKING OF VARIOUS PUBLIC IMPROVEMENTS AND THE ACQUISITION OF NEW ADDITIONAL OR REPLACEMENT EQUIPMENT AND MACHINERY AND NEW AUTOMOTIVE VEHICLES, INCLUDING ORIGINAL APPARATUS AND EQUIPMENT, IN, BY AND FOR THE BOROUGH OF ELMWOOD PARK, IN THE COUNTY OF BERGEN, STATE OF NEW JERSEY, TO APPROPRIATE THE SUM OF $990,000 TO PAY THE COST THEREOF, TO MAKE A DOWN PAYMENT, TO AUTHORIZE THE ISSUANCE OF BONDS TO FINANCE SUCH APPROPRIATION AND TO PROVIDE FOR THE ISSUANCE OF BOND ANTICIPATION NOTES IN ANTICIPATION OF THE ISSUANCE OF SUCH BONDS.

 

The purposes, appropriations and bonds/notes authorized in this multipurpose bond ordinance are as follows:

 

         SCHEDULE OF IMPROVEMENTS, PURPOSES AND AMOUNTS

  1. Acquisition of new additional or replacement equipment and machinery for the use of the Police Department consisting of (i) firearms and (ii) automated license plate reader equipment.

 

     Appropriation and Estimated Cost             $145,000

     Down Payment Appropriated                   $  7,000

     Bonds and Notes Authorized                  $138,000

     Period of Usefulness                        5 years

  1. Acquisition of a new automotive vehicle, including original apparatus and equipment, consisting of an SUV for the use of the Fire Department.

Appropriation and Estimated Cost             $185,000

Down Payment Appropriated                   $  9,000

Bonds and Notes Authorized                  $176,000

Period of Usefulness                        5 years

  1. Acquisition of new additional or replacement equipment and machinery and new automotive vehicles, including original apparatus and equipment, for the use of the Department of Public Works ("DPW") consisting of (i) pickup trucks and (ii) a salter, pumps and various equipment.

     Appropriation and Estimated Cost             $108,000

     Down Payment Appropriated                   $  5,710

     Bonds and Notes Authorized                  $102,290

     Period of Usefulness                        5 years

  1. (i) Replacement of the HVAC systems in the Municipal Court and at the Police Pistol Range and (ii) acquisition of new additional or replacement equipment and machinery for the use of the DPW consisting of (a) a trailer mounted leaf vacuum machine and (b) a compressor.

 

Appropriation and Estimated Cost             $282,000

Down Payment Appropriated                   $ 13,430

Bonds and Notes Authorized                  $268,570

Period of Usefulness                        15 years

  1. Undertaking of the 2026 Road Resurfacing Program (including drainage improvements and curb and sidewalk replacement, where necessary) at various locations, as set forth on a list on file with the Borough Clerk and hereby approved and incorporated herein by this reference thereto. Depending upon the contract price and other exigent circumstances, and upon approval by the Borough Council, there may be additions to or deletions from the aforesaid list.  It is hereby determined and stated that said roads being improved are of "Class B" or equivalent construction as defined in Section 22 of the Local Bond Law (Chapter 2 of Title 40A of the New Jersey Statutes Annotated, as amended; the "Local Bond Law").

 

     Appropriation and Estimated Cost             $270,000

     Down Payment Appropriated                   $ 12,860

     Bonds and Notes Authorized                  $257,140

Period of Usefulness                        10 years

-------------------------------------------------------

Aggregate Appropriation and Estimated Cost   $990,000

Aggregate Down Payment Appropriated          $ 48,000

Aggregate Amount of Bonds and Notes    

  Authorized                                $942,000

Grants (if any) Appropriated:  $-0-

Section 20 Costs:  $40,000

Useful Life:  9.21 years

 

Borough of Elmwood Park
Shanee Morris, RMC, CMR
Borough Clerk

Information regarding unemployment benefits and stimulus checks

Dear Elmwood Park Residents,

We would like to share some information regarding unemployment benefits and stimulus payments. Please see updates below:

$600 Federal Pandemic Unemployment Compensation (PUC)

* If you are currently collecting unemployment: Residents already collecting unemployment will begin to see their $600 supplemental unemployment benefit arrive April 14 (for the week of March 29th). It will be a separate payment from your regular unemployment benefit, and will continue through July 25.

* New filers: You also will be eligible for the additional $600/week; it will be retroactive to the week of March 29th.

Freelancers, gig workers, independent contractors: While we wait for federal guidelines, we encourage you to apply for unemployment now. Your claim likely will be denied, but your ineligibility for regular unemployment is a prerequisite for receiving benefits due to COVID-19. Additional details will be posted online as they become available. Please visit myunemployment.nj.gov.

Stimulus Payments

Beginning April 14th, the government will send out the first economic stimulus checks of up to $1,200 to eligible taxpayers, beginning with people who have direct deposit set up with the IRS. You'll be able to track your payment with the IRS, through a tool called Get My Payment that the agency will have on its website this week, the IRS.

The IRS will turn on an online tracking tool called Get My Payment by April 17. This online tracking portal will show the status of your payment, including the date it's scheduled for deposit into your bank account, or mailed out to you.

Introduction to Ordinance 26-19

BOROUGH OF ELMWOOD PARK

NOTICE OF PENDING BOND ORDINANCE AND SUMMARY

Ordinance #26-19

The bond ordinance, the summary terms of which are included herein, was introduced and passed upon first reading at a meeting of the Borough Council of the Borough of Elmwood Park, in the County of Bergen, State of New Jersey, on August 6, 2026.  It will be further considered for final passage, after public hearing thereon, at a meeting of the Borough Council to be held in the Municipal Building, 182 Market Street, Elmwood Park, New Jersey, on August 20, 2026 at 7:00 P.M.  During the week prior to and up to and including the date of such meeting copies of the full ordinance will be available, at no cost and during regular business hours, at the Clerk's office for the members of the general public who shall request the same.  The summary of the terms of such bond ordinance follows:

Title:  BOND ORDINANCE TO AUTHORIZE THE UNDERTAKING OF STRUCTURAL IMPROVEMENTS TO THE RECREATION CENTER IN, BY AND FOR THE BOROUGH OF ELMWOOD PARK, IN THE COUNTY OF BERGEN, NEW JERSEY, TO APPROPRIATE THE SUM OF $265,000 TO PAY THE COST THEREOF, TO MAKE A DOWN PAYMENT, TO AUTHORIZE THE ISSUANCE OF BONDS TO FINANCE SUCH APPROPRIATION AND TO PROVIDE FOR THE ISSUANCE OF BOND ANTICIPATION NOTES IN ANTICIPATION OF THE ISSUANCE OF SUCH BONDS.

 

Purpose(s):  Undertaking of structural improvements to the Recreation Center in, by and for the Borough.

 

Appropriation:  $265,000

Bonds/Notes Authorized:  $252,000

Grants (if any) Appropriated:  $-0-

Section 20 Costs:  $45,000

Useful Life:  15 years

 

This Notice is published pursuant to N.J.S.A. 40A:2-17 by its posting on the Borough’s official Internet website.

Borough of Elmwood Park
Shanee Morris, RMC, CMR
Borough Clerk

 

Adoption of Ordinance 26-17

BOROUGH OF ELMWOOD PARK

Notice is hereby given that the following ordinance was passed on second and final reading and adopted by the Mayor and Council of the Borough of Elmwood Park, County of Bergen, State of New Jersey at a meeting of said Mayor and Council held at the Municipal Building, 182 Market Street, Elmwood Park, New Jersey on Thursday, July16, 2026.

Ordinance #26-17

AN ORDINANCE AMENDING BOROUGH CODE SECTION 2-32.2 (“Appointment of Public Works Department Head and Superintendent”) to ADDRESS SUPERINTENDENT CLASSIFICATION OPTIONS. 

Borough of Elmwood Park
Shanee Morris, RMC, CMR
Borough Clerk

Letter from Mayor Colletti to residents - 4/3/20

Dear Elmwood Park Residents,

The coronavirus (COVID-19) pandemic has thrust our community into unknown territory.  We are committed to ensuring that our residents are safe and updated with only the most important information while we continue to do everything we can to protect and care for our community.

On behalf of the governing body of the Borough of Elmwood Park, I would like to ask for your help in standing up to this invisible enemy by continuing to do your part to follow the vital social distancing guidelines and stay home unless you are an essential employee or if you need food or medication from a grocery store or pharmacy. Our Borough Administrative Offices, our Police Department, Fire Department, EMS and DPW are all doing their part to selflessly serve this community during this most difficult time.

Below you will find links to some valuable resources that will assist you with any questions you may have.

Please be well and know that we will continue to do our part to see our great community outlast and overcome this temporary health crisis.

Robert Colletti, Mayor
Borough of Elmwood Park


Covid 19 Toolkit & Resources:

Prevention & Protection

If You Think You Are Sick

Social Distancing, Quarantine, Isolation

Local, State and National Resources

Youth Police Academy 2026

Youth Police Academy

Mission Statement:

The Elmwood Park Youth Police Academy is an educational program designed to help children and teens learn about law enforcement, public safety, leadership, and community responsibility in a positive, hands-on environment. The Elmwood Park Youth Police Academy teaches participants through demonstrations, activities, and teamwork rather than traditional classroom lectures.

Children learn about:
• Police officer duties and responsibilities
• Community safety and crime prevention
• Traffic safety and bicycle/pedestrian laws
• Emergency response procedures
• Teamwork, discipline, and leadership skills
• Respect for laws and civic responsibility
• Communication and conflict resolution
• Physical fitness and wellness
• Drug and violence prevention awareness
• First aid or basic emergency preparedness

The Youth Police Academy also include interactive experiences such as:
• Police vehicle and equipment demonstrations
• K-9 unit presentations
• Mock investigations or forensic activities
• Drill exercises and obstacle courses
• Visits to courts, dispatch centers, or training facilities
• Helicopter demonstration
• Self-Defense Training
• And more....

Our mission statement is to build trust between young people and law enforcement while encouraging confidence, responsibility, and positive decision-making.

Additional Information:

• Open to Elmwood Park children, Ages 8 to 16
• Camp Hours 9:00 am to 3:00 pm
• Location: Elmwood Park Memorial High School
• Dates: Check Community Pass Website
• For further information, contact Detective Rivera. Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Enrollment:

• Families must sign up for a family account on Community Pass (CommunityPass)
• Each Child must be registered on the family account: Home > "My Account" > "Add Child"
• To Register: Home > "Browse Activities" > "Verify Account" Find "E.P.P.D. Youth Police Academy" > "show sessions" > "Add to Cart" > "Check Out"

Adoption of Ordinance 26-16

BOROUGH OF ELMWOOD PARK

Ordinance #26-16

BOND ORDINANCE STATEMENT AND SUMMARY

The bond ordinance, the summary terms of which are included herein, has been finally adopted by the Borough Council of the Borough of Elmwood Park, in the County of Bergen, State of New Jersey, on July 16, 2026, and the 20-day period of limitation within which a suit, action or proceeding questioning the validity of such ordinance can be commenced, as provided in the Local Bond Law, has begun to run from the date of the first publication of this statement by its posting on the Borough’s official Internet website. Copies of the full ordinance are available, at no cost and during regular business hours, at the Clerk's office for members of the general public who request the same. The summary of the terms of such bond ordinance follows:

Title: BOND ORDINANCE TO AUTHORIZE THE ACQUISITION OF A NEW AMBULANCE IN, BY AND FOR THE BOROUGH OF ELMWOOD PARK, IN THE COUNTY OF BERGEN, NEW JERSEY, TO APPROPRIATE THE SUM OF $400,000 TO PAY THE COST THEREOF, TO MAKE A DOWN PAYMENT, TO AUTHORIZE THE ISSUANCE OF BONDS TO FINANCE SUCH APPROPRIATION AND TO PROVIDE FOR THE ISSUANCE OF BOND ANTICIPATION NOTES IN ANTICIPATION OF THE ISSUANCE OF SUCH BONDS.

Purpose(s): Acquisition of a new ambulance for the use of the EMS in, by and for the Borough.

Appropriation: $400,000

Bonds/Notes Authorized: $380,000

Grants (if any) Appropriated: $-0-

Section 20 Costs: $40,000

Useful Life: 5 years

Borough of Elmwood Park
Shanee Morris, RMC, CMR
Borough Clerk

Introduction to Ordinance 26-18

BOROUGH OF ELMWOOD PARK

NOTICE OF PENDING BOND ORDINANCE AND SUMMARY

Ordinance #26-18

The bond ordinance, the summary terms of which are included herein, was introduced and passed upon first reading at a meeting of the Borough Council of the Borough of Elmwood Park, in the County of Bergen, State of New Jersey, on July 16, 2026. It will be further considered for final passage, after public hearing thereon, at a meeting of the Borough Council to be held in the Municipal Building, 182 Market Street, Elmwood Park, New Jersey, on August 6, 2026 at 7:00 P.M. During the week prior to and up to and including the date of such meeting copies of the full ordinance will be available, at no cost and during regular business hours, at the Clerk's office for the members of the general public who shall request the same. The summary of the terms of such bond ordinance follows:

Title: BOND ORDINANCE TO AUTHORIZE THE MAKING OF VARIOUS PUBLIC IMPROVEMENTS AND THE ACQUISITION OF NEW ADDITIONAL OR REPLACEMENT EQUIPMENT AND MACHINERY AND NEW AUTOMOTIVE VEHICLES, INCLUDING ORIGINAL APPARATUS AND EQUIPMENT, IN, BY AND FOR THE BOROUGH OF ELMWOOD PARK, IN THE COUNTY OF BERGEN, STATE OF NEW JERSEY, TO APPROPRIATE THE SUM OF $990,000 TO PAY THE COST THEREOF, TO MAKE A DOWN PAYMENT, TO AUTHORIZE THE ISSUANCE OF BONDS TO FINANCE SUCH APPROPRIATION AND TO PROVIDE FOR THE ISSUANCE OF BOND ANTICIPATION NOTES IN ANTICIPATION OF THE ISSUANCE OF SUCH BONDS.

The purposes, appropriations and bonds/notes authorized in this multipurpose bond ordinance are as follows:

 

SCHEDULE OF IMPROVEMENTS, PURPOSES AND AMOUNTS

A. Acquisition of new additional or replacement equipment and machinery for the use of the Police Department consisting of (i) firearms and (ii) automated license plate reader equipment.

Appropriation and Estimated Cost $145,000

Down Payment Appropriated $ 7,000

Bonds and Notes Authorized $138,000

Period of Usefulness 5 years

B. Acquisition of a new automotive vehicle, including original apparatus and equipment, consisting of an SUV for the use of the Fire Department.

Appropriation and Estimated Cost $185,000

Down Payment Appropriated $ 9,000

Bonds and Notes Authorized $176,000

Period of Usefulness 5 years

C. Acquisition of new additional or replacement equipment and machinery and new automotive vehicles, including original apparatus and equipment, for the use of the Department of Public Works ("DPW") consisting of (i) pickup trucks and (ii) a salter, pumps and various equipment.

Appropriation and Estimated Cost $108,000

Down Payment Appropriated $ 5,710

Bonds and Notes Authorized $102,290

Period of Usefulness 5 years

D. (i) Replacement of the HVAC systems in the Municipal Court and at the Police Pistol Range and (ii) acquisition of new additional or replacement equipment and machinery for the use of the DPW consisting of (a) a trailer mounted leaf vacuum machine and (b) a compressor.

Appropriation and Estimated Cost $282,000

Down Payment Appropriated $ 13,430

Bonds and Notes Authorized $268,570

Period of Usefulness 15 years

E. Undertaking of the 2026 Road Resurfacing Program (including drainage improvements and curb and sidewalk replacement, where necessary) at various locations, as set forth on a list on file with the Borough Clerk and hereby approved and incorporated herein by this reference thereto. Depending upon the contract price and other exigent circumstances, and upon approval by the Borough Council, there may be additions to or deletions from the aforesaid list. It is hereby determined and stated that said roads being improved are of "Class B" or equivalent construction as defined in Section 22 of the Local Bond Law (Chapter 2 of Title 40A of the New Jersey Statutes Annotated, as amended; the "Local Bond Law").

Appropriation and Estimated Cost $270,000

Down Payment Appropriated $ 12,860

Bonds and Notes Authorized $257,140

Period of Usefulness 10 years

------------------------------------------------------

Aggregate Appropriation and Estimated Cost $990,000

Aggregate Down Payment Appropriated $ 48,000

Aggregate Amount of Bonds and Notes

Authorized $942,000

Grants (if any) Appropriated: $-0-

Section 20 Costs: $40,000

Useful Life: 9.21 years

 

This Notice is published pursuant to N.J.S.A. 40A:2-17 by its posting on the Borough's official Internet website.

Borough of Elmwood Park
Shanee Morris, RMC, CMR
Borough Clerk

Letter from Mayor Colletti to residents - 3/27/20

March 27, 2020

Dear Elmwood Park Residents,

Borough Officials are working behind the scenes, doing whatever is necessary, to support our professionals and department heads who are on the front lines battling the COVID-19 crisis.

A top priority of the Governing Body was to explore options as to how the Borough can assist families that may feel the financial strains of dealing with the collateral issues that this pandemic has caused.

I was able to connect with the owner of Wendy's, located at 231 Route 46 West in Elmwood Park. The owner made a very generous donation to the Borough by providing us with $1,000.00 in food coupons that he will honor at his restaurant for those families that are struggling to make ends meet.

We reached out to our Superintendent of Schools, Mr. Anthony Iachetti, and will be disseminating these coupons to families within the Borough's school district through his assistance. Those families that the school district feels can use the assistance most will be contacted by school officials.

Additionally, the Governing Body, Resident's Assistance Program, Elmwood Park PBA Local 185 and the Elmwood Park Police Department are currently working on a second outreach program that will be announced on Monday, March 30th as we are still working on its final components.

The Borough of Elmwood Park would like to thank Wendy's for their generous donation to the residents of Elmwood Park.

Please stay safe and be well.

Sincerely,
Robert Colletti,  Mayor
Borough of Elmwood Park

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