The Monmouth City Council has adopted the Fiscal Year 2025-2026 budget, which City Administrator Lew Steinbrecher informs is a balanced budget for Monmouth:
“It is a $43,343,590 budget. The two largest funds within the budget would be the General Fund, which finances the Public Safety and Public Works, and then the Water and Sewer Fund for our water distribution and wastewater treatment systems. Within the General Fund itself, which is just over $12 million, the largest cost is for the police and fire and municipal operations. We do have $835,000 in the solid waste portion of the municipal services. Those funds are used to pay the contractor for garbage collection and recycling, but there is also a cost in there for us to continue to monitor and take water samples and test them for the monitoring wells.”
Steinbrecher also states that for the Fiscal Year 2025-2026 budget, there is an increase in both the state and local motor fuel tax funds, almost $4.9 million for the City of Monmouth, which around $4.2 million of those funds will be for the reconstruction of West Harlem Avenue.