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The Finance Committee reported that rising fixed, health insurance, and liability costs, combined with declining revenues and lower reserves, require the Borough to gradually reduce its use of surplus in the 2026 budget.
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The 2026 budget was still being developed, and no final budget or tax rate was approved at this meeting. Officials said the Borough aims to rebuild reserves and avoid putting additional financial pressure on future budgets. The Council also approved a police hire, public works personnel actions, towing licenses, and Recreation Committee appointments.
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