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25-1535

Dept/ Agency: Administration/Office of Management and Budget Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Temporary Emergency Appropriation Purpose: To provide funds for the City of Newark all Interest, Debt Redemption Charges, and Capital Improvements for Year 2026. Funding Source: City of Newark Budget Appropriation Amount: $102,861,698.00 Budget Year: 2026 Contract Period: January 1, 2026 through December 31, 2026 Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( X ) n/a Additional Information: Funds accepted by Resolution # N/A Operating Agency: All Departments Two-Thirds vote of full membership required.

Resolution Adopted Introduced November 24, 2025
Committee
Administration
Introduced
November 24, 2025
On agenda
December 17, 2025
Passed
December 17, 2025

Where it was heard

Municipal Council Dec 17, 2025 Adopt Pass