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The Township Committee adopted Holmdel’s 2026 municipal budget by a 3-2 vote and approved an ordinance allowing the Township to exceed the 2026 appropriations limit and establish a cap bank, also by 3-2.
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The budget and cap-bank ordinance passed with Mayor Rocco Impreveduto, Deputy Mayor Brian Foster, and Committeeman Gary Vanderham voting yes; Committeemen Joseph Romano and Gregory Buontempo voted no. The minutes do not provide the budget’s total amount or its specific effect on residents’ taxes. The committee also approved routine spending, contracts, license renewals, and other administrative resolutions.
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