Budget & Financial Documents

This page contains annual Budgets and other Financial documents for each year listed.  Within the folder for each year, you will find, in most cases, the following documents:  

Annual Budgets: The annual budget sets forth the annual operating expenses and revenues for the current fund and water utility operations, as well as the capital improvement program and budget.  In most cases there is the official long form (State) of the entire budget, as well as a compressed easy to read spreadsheet form of the Current Fund budget.

Annual Financial Statements:  This annual document is filed by February 10th each year to reflect the results of all operations in the preceding year.

Annual Debt Statements:  This annual document is filed by January 31st each year to reflect the outstanding and authorized debt of the Village and the change in the debt condition during the preceding year.

Annual Audits: This annual document is prepared by an independent Accounting Firm and audits the Village's books and accounts of the preceding year and provides and overview of all operations and the state of the Village's finances as of December 31st of the year being audit.

2026 Budget Development Timeline

NOVEMBER 2025

  • Begin Departmental Operating & Capital Budget Development
    • Council Committees -  Capital Budget discussions in committee 
    • Department Head Meetings with Administration 

DECEMBER 2025

  • 12/5 - Department Capital Budget Requests Due to Admin
  • 12/12 - Departmental Operating Budgets due to Admin
  • w/o 12/15  - Department Head/Admin Budget meetings
  • Final discussions with Council Committees as needed throughout December

JANUARY/FEBRUARY 2026

FEBRUARY 2026*

  • Organizations Budget Request Presentations to the Village Council:
    • FEBRUARY 09, 2026: SODT, Environmental Commission
    • FEBRUARY 23, 2026: CCR, SOPAC & YouthNet 
    • March Meetings: Co-Lab: exact date TBA
  • Public Discussion on Budget
    • FEBRUARY 20: Finance Committee Meeting, hybrid, 10:30 am - 12:00 pm

MARCH / APRIL 2026*

  • March 9, 2026: Introduction of Budget Village Council Meeting
  • March 10, 2026: Introduced Budget Sent to the State for Review 
  • April 13, 2026: Public Comment on Budget and Final Passage
  • Upon adoption: Final Budget Sent to the State  

*Dates subject to change. Check Village Calendar for confirmation. 

Financial Documents

FY2026

FY2025

  1. Certified Adopted Budget 2025
  2. 2025 Budget as Introduced March 10, 2025 | Adopted April 14, 2025 (PDF)
  3. Budget Presentation 2025 Mar_10_FINAL (PDF)
  4. 2025 Departmental Budget Presentation (PDF)
  5. 2025 Audited Financial Statements
  6. 2025 Audited Debt Statement

FY2024

  1. 2024 Certified Adopted Budget (PDF)
  2. 2024 Budget as Introduced March 11, 2024 (PDF)
  3. Budget Presentation March 11, 2024 (PDF)
  4. 2024 Departmental Budget Presentation (PDF)
  5. Finance Committee Debt Presentation May 9, 2024 (PDF)
  6. South Orange Village Audit Report Fiscal Year 2023 (PDF)
  7. 2024 Annual Debt Statement (PDF)
  8. 2024 Annual Financial Statement (PDF)

FY2023

  1. 2023 Departmental Budget Presentation (PDF)
  2. 2023 Budget Presentation to Board of Trustees March 13, 2023 (PDF)
  3. 2023 Certified Adopted Budget (PDF)
  4. Township Of South Orange Village Audit Report (PDF)
  5. 2023 Annual Debt Statement (PDF)

FY2022

  1. 2022 Departmental Budget Presentation - January 27, 2022 (PPTX)
  2. 2022 Water Utility Construction Budget (PDF)
  3. 2022 Water Utility Operating Budget - February 27, 2022 (PDF)
  4. 2022 Water Utility Capital Budget February 27, 2022 (PDF)
  5. 2022 Water Utility Budget Presentation - February 27, 2022 (PPTX)
  6. Budget Presentation 2022 - April 25, 2022 (PDF)
  7. 2022 Adopted Budget (PDF)
  8. Township of South Orange Village Audit Report (PDF)
  9. 2022 Annual Debt Statement (PDF)
  10. 2022 Audited Financial Statements (PDF)

FY2021

  1. 2021 Municipal Budget- State Form - Introduction, March 22, 2021 (PDF)
  2. Budget Presentation 2021 - March 22, 2021 (PDF)
  3. 2021 Supplemental Debt Statement (PDF)
  4. 2021 Municipal Budget (Adopted) (PDF)
  5. 2019 and 2020 Audit Report (PDF)
  6. 2021 Annual Financial Statement (PDF)

FY2020

  1. 2020 State Budget Document - Introduction (PDF)
  2. South Orange 2020 Budget Presentation - May 11, 2020 (PDF)
  3. 2020 Annual Debt Statement (PDF)
  4. 2020 Annual Financial Statement (PDF)

FY2019

  1. 2019 Municipal Budget for Introduction - March 11, 2019 (PDF)
  2. South Orange 2019 Budget Presentation - March 11, 2019 (PDF)
  3. 2019-104 Resolution Adopting the 2019 Municipal Budget (PDF)
  4. 2019 Annual Debt Statement (PDF)
  5. 2019 Annual Financial Statement (PDF)
  6. 2018-2019 Audit Report (PDF)

FY2018

  1. South Orange 2018 Budget - State Form (Introduced - Signed) (PDF)
  2. 2018 Annual Financial Statement (PDF)
  3. 2018 Annual Debt Statement (PDF)
  4. 2017 to 2018 Audit Report (PDF)

FY2017

  1. South Orange Village 2017 Budget Presentation - June 12, 2017 (PDF)
  2. South Orange Introduced 2017 Current Fund Budget - June 12, 2017 (Compressed Format) (PDF)
  3. South Orange Introduced 2017 Budget (State Form - Large File) (PDF)
  4. 2017 Projected Taxes and Allocation Calculator (XLSX)
  5. 2017 Budget (Adopted) (PDF)
  6. 2017 Annual Financial Statement (PDF)
  7. 2017 Annual Debt Statement (PDF)
  8. 2016 to 2017 Audit (PDF)

FY2016

  1. 2016 South Orange Introduced Budget (PDF)
  2. South Orange 2016 Budget Presentation - July 25, 2016 (PDF)
  3. 2016 Audit (PDF)
  4. 2016 Budget (Adopted) (PDF)
  5. 2016 Annual Financial Statement (PDF)
  6. 2016 Annual Debt Statement (PDF)

FY2015

  1. 2015 Municipal Budget (PDF)
  2. 2015 Annual Debt Statement (PDF)
  3. 2015 Audit (PDF)
  4. 2015 Annual Financial Statement (PDF)

FY2014

  1. 2014 Annual Debt Statement (PDF)
  2. 2014 Annual Financial Statement (PDF)
  3. 2014 Audit (PDF)

FY2013

  1. 2013 Annual Financial Statement (PDF)
  2. 2013 Audit (PDF)
  3. 2013 Annual Debt Statement (PDF)

FY2012

  1. 2012 Municipal Budget (PDF)
  2. 2012 Audit (PDF)

FY2011

  1. 2011 Audit (PDF)
  2. 2011 Municipal Budget (PDF)