Borough of Elmwood Park, NJ
Official website of the Borough of Elmwood Park, New Jersey
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:
completed, be funded through either a budget appropriation or through the issuance
of temporary or permanent debt.
to facilitate a more accurate reflection of departmental revenue and subsequent postings
to the general ledger.
goods and services.
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
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
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
Appropriation and Estimated Cost $145,000
Down Payment Appropriated $ 7,000
Bonds and Notes Authorized $138,000
Period of Usefulness 5 years
Appropriation and Estimated Cost $185,000
Down Payment Appropriated $ 9,000
Bonds and Notes Authorized $176,000
Period of Usefulness 5 years
Appropriation and Estimated Cost $108,000
Down Payment Appropriated $ 5,710
Bonds and Notes Authorized $102,290
Period of Usefulness 5 years
Appropriation and Estimated Cost $282,000
Down Payment Appropriated $ 13,430
Bonds and Notes Authorized $268,570
Period of Usefulness 15 years
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
Dear Elmwood Park Residents,
As the number of cases of the Coronavirus, also known as COVID-19, continues to grow, I want to reassure our residents that the Borough of Elmwood Park is taking this situation seriously. The health and safety of you, your family, and our employees remains our top priority.
Our professionals continue to serve the community day in and day out to ensure that you are protected and that the Borough continues to function effectively.
All residents with questions or concerns about COVID-19 and resources available to them can call 2-1-1. NJ 211 is New Jersey’s statewide, comprehensive, information and referral service operated by United Ways of New Jersey.
Residents can also text NJCOVID to 898-211 to receive text information and stay informed. To receive live text assistance, residents can text their zip code to 898-211.
Sincerely,
Robert Colletti, Mayor
Borough of Elmwood Park
>> CLICK HERE
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

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

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.
• 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.
• 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"
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
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
Borough of Elmwood Park
Notice is hereby given that 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, June 18, 2026 awarded a contract for Professional Affordable Housing Rehabilitation & Administration Services as follows:
Name: Community Grant, Planning & Housing
Address: 1249 South River Road, Suite 301, Cranbury, New Jersey 08512
Amount: $4,800.00
Length: Through 2026

Borough of Elmwood Park
Notice is hereby given that 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, June 18, 2026 awarded a contract for Professional Affordable Housing Administration Services as follows:
Name: Community Grant, Planning & Housing
Address: 1249 South River Road, Suite 301, Cranbury, New Jersey 08512
Amount: $10,400.00
Length: Through 2026
