Englewood Unveils 2026 Municipal Budget: What To Know

ENGLEWOOD, NJ — The City of Englewood has introduced its proposed 2026 municipal budget, outlining continued investments in municipal services, public safety, infrastructure and capital improvements.

The proposed budget was presented to the City Council on June 23 and will move through the public hearing and adoption process before taking effect.

City officials said the spending plan prioritizes maintaining essential services, pursuing grant funding and managing long-term debt and reserves to support the city's financial stability.

Here are some highlights from the presentation:

The 2026 municipal budget will be $84.98 million, a 4.17% increase over the 2025 spending plan.

If approved, the budget would increase the municipal tax rate by 5.4 cents, from $1.360 to $1.413 per $100 of assessed value. For the average home assessed at $474,900.

Officials estimate the increase would amount to about $21.23 per month, or $254.81 annually.

Property taxes would generate nearly $64.9 million in revenue, while the city also plans to use $4.6 million in surplus funds, receive $2.8 million in state aid, and collect revenue from PILOT agreements, construction fees, investment income and other sources.

Officials noted that the city's fund balance has grown significantly over the past decade and now stands at more than $12.4 million, providing a financial cushion for emergencies, tax appeals and future capital projects.

The proposal also includes an $11.4 million capital improvement program, supported by nearly $2.45 million in county and state grants. Planned projects include road and sidewalk improvements, sanitary sewer and stormwater upgrades, park and playground improvements, municipal facility renovations, and the purchase of police, fire, recreation and Department of Public Works vehicles and equipment.

Residents can view the full budget presentation here.