Waldwick Faces Financial Hurdles: Council Debates 10% Tax Increase Amid Budget Constraints

Overview: The Waldwick Borough Council convened to tackle pressing financial issues, primarily focusing on the proposed 10% municipal tax increase for 2026. This discussion was driven by rising costs in police salaries and health insurance, with council members weighing the implications on both the budget and local taxpayers. The council also explored potential revenue sources, such as selling the borough’s water system, as part of a broader strategy to stabilize future finances.

Waldwick Borough Council Greenlights Girl Scouts’ Fairy Garden Project, Budget and Public Safety Updates

Overview: The Waldwick Borough Council meeting saw community engagement and updates, with highlights including the approval of Girl Scout Troop 98163’s community project to create a fairy garden, updates on the municipal budget, and developments in public safety services.

Waldwick Planning Board Reviews Housing and Trust Fund Changes Amid State Law Updates

Overview: The Waldwick Planning Board, during its reorganization meeting on January 1, 2026, conducted an in-depth review of ordinance 2026-02 related to the fourth round housing element and fair share plan. The board discussed the ordinance’s impact on the town’s master plan and addressed issues regarding the non-residential trust fund, which now directs a portion of collected fees to the state rather than the municipality. Discussions also covered a new state plan affecting local governance and proposed changes to housing density in overlay zones to encourage redevelopment.

Waldwick Council Explores PILOT Program for New Development Amid Financial Concerns

Overview: During a recent meeting of the Waldwick Borough Council, central discussions revolved around the potential implementation of a Payment in Lieu of Taxes (PILOT) agreement for a new development project. This mechanism, presented by Brian Morris from Phoenix Advisors, is intended to encourage economic development by allowing developers to pay a negotiated amount instead of traditional property taxes.

Waldwick Borough Council Advances Affordable Housing and Road Resurfacing Initiatives Amid Budget Challenges

Overview: The Waldwick Borough Council meeting addressed community matters, including the introduction of an ordinance amending affordable housing regulations and a discussion on the 2026 road program budget, while also managing ongoing budgetary constraints and surplus usage.