{ "document_id": 10674, "page": 9, "width_pt": 612, "height_pt": 1008, "rotation": 0, "pipeline_version": "paddleocr-vl-1.6+paul-48", "engine": "paddleocr_vl", "source_run_id": 10785, "item_count": 10, "counts_by_type": { "header": 2, "heading": 1, "text": 7 }, "build_ms": 2, "items": [ { "id": "p9.1", "order": 1, "type": "header", "bbox": { "l": 87.36, "t": 971.76, "r": 357.84, "b": 957.36 }, "text": "Jackson Township Council Meeting of March 22, 2016", "attrs": { "block_label": "header" }, "level": 2 }, { "id": "p9.2", "order": 2, "type": "header", "bbox": { "l": 449.28, "t": 972, "r": 513.12, "b": 957.36 }, "text": "Page 9 of 34", "attrs": { "block_label": "number" }, "level": 2 }, { "id": "p9.3", "order": 3, "type": "heading", "bbox": { "l": 86.64, "t": 922.56, "r": 486.72, "b": 893.76 }, "text": "PRESENTATION/OVERVIEW OF THE CY 2016 MUNICIPAL OPERATING BUDGET BY ADMINISTRATOR HELENE SCHLEGEL", "attrs": { "block_label": "paragraph_title" }, "level": 3 }, { "id": "p9.4", "order": 4, "type": "text", "bbox": { "l": 86.4, "t": 881.28, "r": 520.56, "b": 781.44 }, "text": "BUSINESS ADMINISTRATOR SCHLEGEL – The appropriation and presentation of the 2016 Municipal Operating Budget is one of the single most important responsibilities of Administration for any municipality. It’s the State of New Jersey that dictates to us the budget, financial management and practices by all the municipalities. All budgets, financial statements and audits are approved by the Department of Community Affairs. Tonight’s presentation is for the municipal portion only. The estimates are included for comparison purposes." }, { "id": "p9.5", "order": 5, "type": "text", "bbox": { "l": 86.4, "t": 769.68, "r": 524.16, "b": 671.04 }, "text": "Administrator Schlegel explained preparation for the budget process begins as soon as the books are closed for the previous year. The Finance Department begins looking at past year trends and current projections to begin forecasting the upcoming budget year. The budget hearings are held by the Business Administrator in November in accordance with State Statute and the Jackson Township Code. The budget continues to develop until the most responsible budget is presented with the ultimate goal of maintaining quality service to our residents while being efficient with the resources available." }, { "id": "p9.6", "order": 6, "type": "text", "bbox": { "l": 86.4, "t": 659.76, "r": 522.72, "b": 561.36 }, "text": "Our goals for the 2016 budget are to maintain a diversified and stabilized revenue base to minimize the effects of economic fluctuation as well as an overdependence on any single revenue source. We continue to be proactive in improving efficiencies and streamlining processes for residents and businesses. Identifying areas for further operational improvements and/or cost saving, revenue enhancements for 2016 and beyond. We try to hold the line on operational cost with the goal of minimizing the impact of the Municipal Tax Levy." }, { "id": "p9.7", "order": 7, "type": "text", "bbox": { "l": 86.16, "t": 549.6, "r": 522.96, "b": 465.6 }, "text": "We continue implementation of the long-term strategy for municipal debt reduction. I want to complement our Finance Department for being very diligent. As you know, we have just recently had a bond refinance. We want to maintain service levels in all areas of organization and maintain the Township’s physical assets at a level adequate to protect the Township’s capital investments and minimize future maintenance and replacement costs." }, { "id": "p9.8", "order": 8, "type": "text", "bbox": { "l": 86.16, "t": 452.64, "r": 525.12, "b": 312.24 }, "text": "Our perennial budget objectors are to provide quality services at an affordable price while enhancing the fiscal stability of the Township. We want to spend within our means for long-term fiscal stability and be reliable on non-tax revenues. 89.57% of the property class is residential, which means residents are bearing a very high burden for the taxes. We’re looking for clean ratables to come in to offset some of that tax burden. Your tax dollars are spent 57% of the tax bill goes to the schools; which the Administration and the Council doesn’t have any power over. The municipal taxes are 21% and our proposed levy for this year is 1.97% or $596,638.78. The proposed appropriations increase of .49% or $201,964.03. The estimated annual tax increase on an average home assessed at $325,748, would be $27.69 annually or $2.31/month or .53 cents/week or .07 cents/day." }, { "id": "p9.9", "order": 9, "type": "text", "bbox": { "l": 86.4, "t": 300.96, "r": 522.48, "b": 202.8 }, "text": "A tax levy is the budget appropriations minus the revenues. We anticipate no tax levy cap issue. Appropriation for clarification is what the municipality tends to spend on operations and the levy is what the municipality intends to raise their taxation of the property owners. Some of the budget impacts are health insurance, pensions, winter storms and personnel. Some significant cost changes are retirement payments, health insurance, legal services, bond principal, snow removal and general liability. Some things that decreased were electricity, accumulated leave and the bond & note interest." }, { "id": "p9.10", "order": 10, "type": "text", "bbox": { "l": 86.16, "t": 190.08, "r": 520.56, "b": 77.76 }, "text": "This year the police & fire pension payments went up 11% and the public employee retirement payment went up 6% and that was a hit to the budget. These are exclusions you can take out of the 2% cap. My hat goes off to the Chief Financial Officer and the Assistant Municipal Treasurer for their work with these numbers as we didn’t take any exclusions and when we say it’s is 1.97% is really is 1.97%. For taxes, there was an increase in appropriation of the .49% and the anticipated revenue was down. The amount to be raised by taxation is the 1.97% which is $596,638.78. The tax impact for 2016 acquaints to .49% over the 2015 adopted budget amount. If adopted, this budget will" } ], "excluded_furniture": { "first": [], "last": [] } }