2026 Municipal Budget - Revenue and Appropriation Summaries
2026 MUNICIPAL BUDGET
Township of Teaneck
County of Bergen
Revenue and Appropriation Summaries
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Summary of Revenues |
Anticipated |
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2026 |
2025 |
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1. Surplus |
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$ 5,500,000.00 |
$ 6,518,000.00 |
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2. Total Miscellaneous Revenues |
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13,566,176.46 |
12,544,189.90 |
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3. Receipts from Delinquent Taxes |
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750,000.00 |
928,400.00 |
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4. a) Local Tax for Municipal Purposes |
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68,375,014.40 |
63,796,043.98 |
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b) Addition to Local District School Tax |
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c) Minimum Library Tax |
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3,131,198.35 |
2,895,095.04 |
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Total Amount to be Raised by Taxes for |
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Support of Municipal Budget |
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71,506,212.75 |
66,691,139.02 |
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Total General Revenues |
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$ 91,322,389.21 |
$ 86,681,728.92 |
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Final |
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Summary of Appropriations |
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2026 Budget |
2025 Budget |
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1. Operating Expenses: Salaries & Wages |
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$ 40,002,915.92 |
$ 38,463,710.62 |
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Other Expenses |
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30,962,472.04 |
28,290,635.28 |
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2. Deferred Charges & Other Appropriations |
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12,541,228.73 |
12,376,049.43 |
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3. Capital Improvements |
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483,100.00 |
567,000.00 |
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4. Debt Service (Including for School Purposes) |
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6,023,800.00 |
5,512,000.00 |
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5. Reserve for Uncollected Taxes |
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1,308,872.52 |
1,472,333.59 |
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Total General Appropriations |
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$ 91,322,389.21 |
$ 86,681,728.92 |
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Total Number of Employees |
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337 |
337 |
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Balance of Outstanding Debt |
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General |
Open Space |
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Interest |
$ 5,598,617.54 |
$ 7,823.72 |
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Principal |
63,755,000.00 |
72,237.12 |
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Outstanding Balance |
$ 69,353,617.54 |
$ 80,060.84 |
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Notice is hereby given that the Budget and Tax Resolution was approved by the Township Council of the Township of Teaneck, County of Bergen on April 14, 2026.
A hearing on the Budget and Tax Resolution will be held at the Municipal Building on May 19, 2026 at Eight o'clock pm at which time and place objections to the Budget and Tax Resolution for the year 2026 may be presented by taxpayers or other interested persons.
Copies of the Budget are available in the office of Doug Ruccione, Township Clerk at the Municipal Building, 818 Teaneck Road, Teaneck, New Jersey (201) 837-1600, during the hours of 8:00 a.m. to 5:15 p.m. and it is also available on the Township’s Website at https://www.teanecknj.gov/
Contact Us
Township of Teaneck
818 Teaneck Road
Teaneck, NJ 07666
Phone: (201) 837-1600
