Sep 1, 2025BoardMeeting
BoardHamilton Municipal Utilities Authority (Atlantic) Authority Budget
The Hamilton Municipal Utilities Authority (Atlantic) budget for the fiscal year 2025 includes discussion on revenues, appropriations, and the utilization of unrestricted net position. Key discussion points involve variances in revenues and appropriations compared to the previous fiscal year, the impact of the local/regional economy on the budget, and the use of unrestricted net position for funding capital projects and assisting the Township of Hamilton with budgetary challenges. The budget also addresses shared service agreements with entities like the Atlantic County Utilities Authority and the Township of Hamilton.