On this page, you can find all of the updates as the City moves through its new budget process for 2020. We suggest bookmarking this page and coming back to find new updates.

-- December 2019 Update -- 

Please find below pdfs of all budget presentations. Most of the information contained in these presentations was sourced from the City's internal accounting software (screenshots at various points) or the budget documents publicly available here online. If you have any questions please feel free to reach out to [email protected]

Part One - DCCB Presentations
Budget Process - 1

Part Two - DCCB Presentations
Part 2

Part Three - Administration/Finance Presentation
Budget Process - 3

Part Four - Key spending categories - drilldown on Capital/Facilities, Debt service and professional service fees
Budget Process - 4

Part Five - Revenue overview and setting long-term goals 
Budget Process - 5

-- October 2nd Update -- 

Would you like to learn more about the City's finances and new budget process? 

Please join Mayor Fahl and other interested and engaged Lambertville residents to learn about the City's new budget process, ask questions about the City's finances, and find ways to get more involved as important changes take place in how the City's budget works.

The dates and locations are below. If you can't make any of the dates, please don't hesitate to reach out to Mayor Fahl at [email protected] to find offices hours, setup a one-on-one meeting or learn more. More dates may be added so check back on this page as well.

Don't forget to check out the resources below if you want to learn more!

-- August 12th Update -- 

Thank you for taking some time to learn about the City's budget and new budget process! Below, you can first find a summary video prepared by Mayor Fahl and the City's Business Administrator as they walk you through an overview of why this process is so crucial, some important facts and figures, and where we go from here.

Below, you can find a link to the full presentation that was given at the August 6th meeting of the Governing Body. 

Download PDF

-- August 6th Update --

You can view an (anticipated) timeline of steps of here:

Early August 2019

Governing Body goal setting process - workshop where Governing Body sets goals/priorities for the coming year

Early August 2019

Departments and Commissions are briefed on new budget process and provided summary sheet of the timeline and steps for new process

September 2019

Capital planning (for six years) performed, including facility reviews, vehicle inventories, infrastructure evaluation, etc

Mid October 2019

All operating and capital requests due from Departments and Commissions

Mid/Late October 2019

Administration discusses and finalizes requests with Departments and Commissions

End of October 2019

Mayor and Administrator finalize requests for Governing Body

November 2019

One or two public budget workshops held (Approx 2-3 hours of time total), where departments and commissions present “year in review” as well as operating and capital requests 

December 2019

Feedback (from governing and/or public) from budget workshops taken back and Administrator and Mayor finalize anticipated 2020 budget introduction 

January/February 2020

Budget is reviewed by Financial Team, and ready for introduction as soon as state/county/etc numbers become available 

Late February/Early March 2020

In three sequential governing body meetings:

  • Municipal Budget Discussion 

  • Municipal Budget First Reading/Introduction (and explanation)

  • Municipal Budget Public Hearing and Second Reading/ Adoption

End of March 2020/Early April

2020 Municipal Budget Adopted 

Early April 2020

Bond ordinance for 2020 capital items introduced/adopted 

April 2020

2020 Capital spending, road resurfacing, etc will begin process