Mayor Domenic J. Sarno and Chief Administrative and Financial Officer (CAFO) Cathy Buono announced today that they will release the city’s Fiscal Year 2026 Budget on Thursday, May 8, 2025 at 2:30 p.m. at City Hall in Room 220.
Mayor Sarno states, “As always, we are doing our due diligence and will be prepared to deal with ‘the ebb and flow’ of our local, state and national economic landscape. I am very proud of our prudent and sustainable fiscal management policies, along with our award-winning finance team under the leadership of CAFO Cathy Buono. Throughout all of the challenges we have encountered, including the COVID-19 pandemic, inflation and economic uncertainty, my administration has maintained the highest bond ratings in our City’s history, along with a strong and healthy reserve. I am proud that this is the 11th consecutive year of putting forth a balanced budget without the use of stabilization reserves. My Administration will continue to provide sound and prudent fiscal leadership for an efficient, effective, strategic and compassionate way to assure that city’s core services continue to be provided for our residents and business community.”
Watch on zoom: https://youtube.com/live/fPm2TfM1A9E?feature=share