Budget, cost pressures and the spending cap
Where it standsThe council adopted the 2026 municipal budget on June 18, 2026, after adopting an ordinance letting appropriations rise by up to 3.5%.
What's on the tableThe next council will work on the 2027 budget and decide again whether to exceed the state's 2% cap.
- The cap ordinance found a 1.50% increase, $1,134,602.84 above what the cap law otherwise permits, advisable and necessary. Borough of Fort Lee · Jun 18, 2026
- The adopted 2026 budget raises $78,537,399.91 for municipal purposes. Borough of Fort Lee · Jun 18, 2026
- In April 2026 the Mayor announced a borough-wide hiring freeze with exceptions for essential personnel. Borough of Fort Lee · Apr 16, 2026