Important Dates & Info for the 2026 Municipal Budget

Published on March 09, 2026

The Township is finalizing the public process for developing the 2026 municipal budget, and several important milestones are approaching. Residents are encouraged to follow the process and stay informed about how municipal finances shape the services we provide:

Anticipated Budget Schedule 

• March 24, 2026 – Budget Presentation   
  • Watch the presentation by Interim CFO Joseph Monzo on TV34 YouTube: Council Meeting - March 24, 2026
  • The presentation is available here: 2026 Municipal Budget Presentation for Montclair Township(PDF, 535KB)
• April 7, 2026 – Budget Introduction
  • You can view the introduced budget here: 2026 Introduced Municipal Budget(PDF, 10MB)
  • Watch the Township Manager's presentation and introduction of the budget here: Council Meeting - April 7, 2026
  • The presentation PDF is available here: 2026 Budget Introduction - April 7, 2026(PDF, 5MB)

• May 5, 2026 – Budget Adoption

These meetings will provide opportunities for the public to learn about the proposed budget and how municipal resources are allocated.

Watch a presentation from the Township Manager on Township’s Finances

To help residents better understand the financial landscape shaping the upcoming budget, Township Manager Stephen D. Marks has recently delivered several detailed presentations on the Township’s finances and budget outlook at various public meetings. You can watch the township manager walk through this presentation from the Finance Committee Community Meeting on February 12th. Click here to watch on TV34 YouTube.

Residents can also view presentation slides as a PDF here: 2026 Budget and Finance Presentation(PDF, 9MB)

The presentation explores several important topics, including:

• How the Township’s revenues are generated, including property taxes, state aid, permits and fees, and grants.

• Where municipal funds are spent, including major service areas such as public safety, infrastructure, and community services.

• Key cost drivers impacting the budget, including pension obligations, health benefits, and debt service.

• Long-term financial trends, showing how revenues and expenditures have evolved over recent years.

The presentation also explains the upcoming township-wide property revaluation, scheduled to be completed in 2027, which will update property values to ensure taxes are distributed fairly based on current market values. The last revaluation was completed in 2018, and the updated valuations will take effect for the 2028 tax year.

Additional information about the proposed budget will be shared as it becomes available.