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26-0166

Dept/ Agency: Administration/Office of Management and Budget Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Temporary Emergency Appropriation Purpose: To provide funds for pensions until the adoption of the 2026 Operating Budget for the City of Newark. Funding Source: 2026 Budget Appropriation Amount: $83,943,633.00 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: Operating Agency: All Departments Two-Thirds vote of full membership required.

Resolution Adopted Introduced February 4, 2026
Committee
Administration
Introduced
February 4, 2026
On agenda
February 18, 2026
Passed
February 18, 2026

Where it was heard

Municipal Council Feb 18, 2026 Adopt Pass