{ "document_id": 11955, "page": 72, "width_pt": 612, "height_pt": 792, "rotation": 0, "pipeline_version": "paddleocr-vl-1.6+paul-48", "engine": "paddleocr_vl", "source_run_id": 12066, "item_count": 46, "counts_by_type": { "caption": 2, "footer": 1, "heading": 2, "table": 3, "table_cell": 32, "text": 5, "title": 1 }, "build_ms": 6, "items": [ { "id": "p72.1", "order": 1, "type": "title", "bbox": { "l": 187.44, "t": 756.96, "r": 423.84, "b": 717.84 }, "text": "TOWNSHIP OF JACKSON\nNOTES TO FINANCIAL STATEMENTS\nFOR THE YEAR ENDED DECEMBER 31, 2018", "attrs": { "block_label": "doc_title" }, "level": 2 }, { "id": "p72.2", "order": 2, "type": "caption", "bbox": { "l": 69.6, "t": 705.12, "r": 248.4, "b": 691.2 }, "text": "Note 11. Municipal Debt (continued)", "attrs": { "block_label": "figure_title" } }, { "id": "p72.3", "order": 3, "type": "table", "bbox": { "l": 127.68, "t": 680.16, "r": 483.36, "b": 595.68 }, "text": "", "attrs": { "block_label": "table", "n_rows": 4, "n_cols": 4, "integrity": { "cells_checked": 13, "cells_flagged": 0 } }, "children": [ { "id": "p72.3.1", "order": 4, "type": "table_cell", "bbox": { "l": 127.68, "t": 680.16, "r": 216.6, "b": 659.04 }, "text": "", "attrs": { "row": 0, "col": 0, "rowspan": 1, "colspan": 1 } }, { "id": "p72.3.2", "order": 5, "type": "table_cell", "bbox": { "l": 240.7215, "t": 675.806785, "r": 287.529745, "b": 666.627595 }, "text": "Gross Debt", "attrs": { "row": 0, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true, "column_header": true, "header_source": "heuristic" } }, { "id": "p72.3.3", "order": 6, "type": "table_cell", "bbox": { "l": 328.6462, "t": 675.806585, "r": 375.399161, "b": 666.627395 }, "text": "Deductions", "attrs": { "row": 0, "col": 2, "rowspan": 1, "colspan": 1, "bbox_refit": true, "column_header": true, "header_source": "heuristic" } }, { "id": "p72.3.4", "order": 7, "type": "table_cell", "bbox": { "l": 420.1843, "t": 675.806485, "r": 457.356728, "b": 666.627295 }, "text": "Net Debt", "attrs": { "row": 0, "col": 3, "rowspan": 1, "colspan": 1, "bbox_refit": true, "column_header": true, "header_source": "heuristic" } }, { "id": "p72.3.5", "order": 8, "type": "table_cell", "bbox": { "l": 131.7189, "t": 648.808785, "r": 208.644705, "b": 639.629595 }, "text": "Local School Debt", "attrs": { "row": 1, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p72.3.6", "order": 9, "type": "table_cell", "bbox": { "l": 241.324787, "t": 648.808785, "r": 302.412716, "b": 639.629595 }, "text": "$ 61,640,973.00", "attrs": { "row": 1, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p72.3.7", "order": 10, "type": "table_cell", "bbox": { "l": 328.049191, "t": 648.808785, "r": 389.137119, "b": 639.629595 }, "text": "$ 61,640,973.00", "attrs": { "row": 1, "col": 2, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p72.3.8", "order": 11, "type": "table_cell", "bbox": { "l": 394.44, "t": 659.04, "r": 483.36, "b": 637.92 }, "text": "$-", "attrs": { "row": 1, "col": 3, "rowspan": 1, "colspan": 1 } }, { "id": "p72.3.9", "order": 12, "type": "table_cell", "bbox": { "l": 131.729138, "t": 635.009403, "r": 186.376467, "b": 625.830213 }, "text": "General Debt", "attrs": { "row": 2, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p72.3.10", "order": 13, "type": "table_cell", "bbox": { "l": 241.335025, "t": 635.009403, "r": 302.422953, "b": 625.830213 }, "text": "22,207,839.45", "attrs": { "row": 2, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p72.3.11", "order": 14, "type": "table_cell", "bbox": { "l": 333.475225, "t": 635.009403, "r": 389.147357, "b": 625.830213 }, "text": "4,091,840.79", "attrs": { "row": 2, "col": 2, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p72.3.12", "order": 15, "type": "table_cell", "bbox": { "l": 414.783832, "t": 635.009403, "r": 475.871761, "b": 625.830213 }, "text": "18,115,998.66", "attrs": { "row": 2, "col": 3, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p72.3.13", "order": 16, "type": "table_cell", "bbox": { "l": 127.68, "t": 616.8, "r": 216.6, "b": 595.68 }, "text": "", "attrs": { "row": 3, "col": 0, "rowspan": 1, "colspan": 1 } }, { "id": "p72.3.14", "order": 17, "type": "table_cell", "bbox": { "l": 241.345262, "t": 607.4106380000001, "r": 302.433191, "b": 598.231448 }, "text": "$ 83,848,812.45", "attrs": { "row": 3, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p72.3.15", "order": 18, "type": "table_cell", "bbox": { "l": 328.069666, "t": 607.4106380000001, "r": 389.157595, "b": 598.231448 }, "text": "$ 65,732,813.79", "attrs": { "row": 3, "col": 2, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p72.3.16", "order": 19, "type": "table_cell", "bbox": { "l": 414.79407, "t": 607.4106380000001, "r": 475.881999, "b": 598.231448 }, "text": "$ 18,115,998.66", "attrs": { "row": 3, "col": 3, "rowspan": 1, "colspan": 1, "bbox_refit": true } } ] }, { "id": "p72.4", "order": 20, "type": "text", "bbox": { "l": 68.88, "t": 580.8, "r": 541.92, "b": 513.84 }, "text": "Net Debt $18,115,998.66 divided by the average Equalized Valuation Basis per N.J.S.A 40A:2-2 as amended, $7,336,462,648.33, equals 0.247% New Jersey statute 40A:2-6, as amended, limits the debt of a Municipality to 3.5% of the last three preceding year's average equalized valuations of real estate, including improvements and the assessed valuation of Class II Railroad Property. The remaining borrowing power in dollars at December 31, 2018 is calculated as follows:" }, { "id": "p72.5", "order": 21, "type": "caption", "bbox": { "l": 141.36, "t": 501.6, "r": 364.08, "b": 488.88 }, "text": "Borrowing Power Under N.J.S. 40A:2-6 as Amended", "attrs": { "block_label": "figure_title" } }, { "id": "p72.6", "order": 22, "type": "table", "bbox": { "l": 140.16, "t": 489.12, "r": 470.64, "b": 417.12 }, "text": "", "attrs": { "block_label": "table", "n_rows": 2, "n_cols": 2, "integrity": { "cells_checked": 4, "cells_flagged": 0 } }, "children": [ { "id": "p72.6.1", "order": 23, "type": "table_cell", "bbox": { "l": 143.4954, "t": 471.682186, "r": 346.614647, "b": 448.459839 }, "text": "3 1/2% of Equalized Valuation Basis (Municipal)\nNet Debt", "attrs": { "row": 0, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true, "merged_continuation": true } }, { "id": "p72.6.2", "order": 24, "type": "table_cell", "bbox": { "l": 396.782486, "t": 471.682186, "r": 464.018298, "b": 448.459839 }, "text": "$ 256,776,192.69\n18,115,998.66", "attrs": { "row": 0, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true, "merged_continuation": true } }, { "id": "p72.6.3", "order": 25, "type": "table_cell", "bbox": { "l": 143.4954, "t": 429.844855, "r": 263.854119, "b": 420.568285 }, "text": "Remaining Borrowing Power", "attrs": { "row": 1, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p72.6.4", "order": 26, "type": "table_cell", "bbox": { "l": 396.782486, "t": 429.844855, "r": 464.018298, "b": 420.568285 }, "text": "$ 238,660,194.03", "attrs": { "row": 1, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true } } ] }, { "id": "p72.7", "order": 27, "type": "heading", "bbox": { "l": 69.84, "t": 402.24, "r": 137.52, "b": 388.8 }, "text": "General Debt", "attrs": { "block_label": "paragraph_title" }, "level": 3 }, { "id": "p72.8", "order": 28, "type": "heading", "bbox": { "l": 69.36, "t": 376.32, "r": 187.44, "b": 362.88 }, "text": "A. Serial Bonds Payable", "attrs": { "block_label": "paragraph_title" }, "level": 3 }, { "id": "p72.9", "order": 29, "type": "text", "bbox": { "l": 68.4, "t": 350.88, "r": 541.68, "b": 323.28 }, "text": "On July 23, 2014, the Township issued $5,845,000 of General Obligation Bonds. The General Obligation Bonds were issued at interest rates varying from 2.00% to 3.00% and mature in 2025." }, { "id": "p72.10", "order": 30, "type": "text", "bbox": { "l": 68.88, "t": 311.76, "r": 541.68, "b": 284.64 }, "text": "On February 2, 2016, the Township issued $7,100,000 of General Bonds. The General Refunding Bonds were issued at interest rates varying from 2.00% to 4.00% and mature in 2028." }, { "id": "p72.11", "order": 31, "type": "text", "bbox": { "l": 68.64, "t": 273.12, "r": 542.16, "b": 245.52 }, "text": "During 2016, the Township issued $5,858,000 of General Bonds. The General Obligation bonds were issued at interest rates varying from 2.00% to 4.00% and mature in 2023." }, { "id": "p72.12", "order": 32, "type": "text", "bbox": { "l": 68.88, "t": 234.48, "r": 362.16, "b": 220.08 }, "text": "Principal and interest due on the outstanding bonds is as follows:" }, { "id": "p72.13", "order": 33, "type": "table", "bbox": { "l": 154.8, "t": 210, "r": 459.12, "b": 65.52 }, "text": "", "attrs": { "block_label": "table", "n_rows": 3, "n_cols": 4, "integrity": { "cells_checked": 11, "cells_flagged": 0 } }, "children": [ { "id": "p72.13.1", "order": 34, "type": "table_cell", "bbox": { "l": 170.235, "t": 204.59691899999996, "r": 189.089111, "b": 195.51321900000005 }, "text": "Year", "attrs": { "row": 0, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true, "column_header": true, "header_source": "heuristic" } }, { "id": "p72.13.2", "order": 35, "type": "table_cell", "bbox": { "l": 230.384, "t": 204.59691899999996, "r": 267.152706, "b": 195.51321900000005 }, "text": "Principal", "attrs": { "row": 0, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true, "column_header": true, "header_source": "heuristic" } }, { "id": "p72.13.3", "order": 36, "type": "table_cell", "bbox": { "l": 316.1411, "t": 204.59691899999996, "r": 346.954811, "b": 195.51321900000005 }, "text": "Interest", "attrs": { "row": 0, "col": 2, "rowspan": 1, "colspan": 1, "bbox_refit": true, "column_header": true, "header_source": "heuristic" } }, { "id": "p72.13.4", "order": 37, "type": "table_cell", "bbox": { "l": 404.2803, "t": 204.59691899999996, "r": 424.960799, "b": 195.51321900000005 }, "text": "Total", "attrs": { "row": 0, "col": 3, "rowspan": 1, "colspan": 1, "bbox_refit": true, "column_header": true, "header_source": "heuristic" } }, { "id": "p72.13.5", "order": 38, "type": "table_cell", "bbox": { "l": 156.5377, "t": 177.88001899999995, "r": 202.6631, "b": 98.14501900000005 }, "text": "2019\n2020\n2021\n2022\n2023\n2024-2028", "attrs": { "row": 1, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true, "merged_continuation": true } }, { "id": "p72.13.6", "order": 39, "type": "table_cell", "bbox": { "l": 229.763493, "t": 177.88001899999995, "r": 286.599178, "b": 98.14501900000005 }, "text": "$ 3,485,000.00\n$ 3,520,000.00\n$ 1,875,000.00\n$ 1,890,000.00\n$ 1,980,000.00\n$ 2,705,000.00", "attrs": { "row": 1, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true, "merged_continuation": true } }, { "id": "p72.13.7", "order": 40, "type": "table_cell", "bbox": { "l": 317.898846, "t": 177.88001899999995, "r": 366.996681, "b": 98.14501900000005 }, "text": "$ 446,125.00\n$ 341,575.00\n$ 217,275.00\n$ 156,475.00\n$ 115,950.00\n$ 177,512.50", "attrs": { "row": 1, "col": 2, "rowspan": 1, "colspan": 1, "bbox_refit": true, "merged_continuation": true } }, { "id": "p72.13.8", "order": 41, "type": "table_cell", "bbox": { "l": 395.916173, "t": 177.88001899999995, "r": 452.751858, "b": 98.14501900000005 }, "text": "$ 3,931,125.00\n$ 3,861,575.00\n$ 2,092,275.00\n$ 2,046,475.00\n$ 2,095,950.00\n$ 2,882,512.50", "attrs": { "row": 1, "col": 3, "rowspan": 1, "colspan": 1, "bbox_refit": true, "merged_continuation": true } }, { "id": "p72.13.9", "order": 42, "type": "table_cell", "bbox": { "l": 154.8, "t": 83.58, "r": 230.88, "b": 65.52 }, "text": "", "attrs": { "row": 2, "col": 0, "rowspan": 1, "colspan": 1 } }, { "id": "p72.13.10", "order": 43, "type": "table_cell", "bbox": { "l": 225.0242, "t": 78.73071900000002, "r": 285.433692, "b": 69.647019 }, "text": "$ 15,455,000.00", "attrs": { "row": 2, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p72.13.11", "order": 44, "type": "table_cell", "bbox": { "l": 310.775327, "t": 78.73071900000002, "r": 365.82917, "b": 69.647019 }, "text": "$ 1,454,912.50", "attrs": { "row": 2, "col": 2, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p72.13.12", "order": 45, "type": "table_cell", "bbox": { "l": 391.170805, "t": 78.73071900000002, "r": 451.580297, "b": 69.647019 }, "text": "$ 16,909,912.50", "attrs": { "row": 2, "col": 3, "rowspan": 1, "colspan": 1, "bbox_refit": true } } ] }, { "id": "p72.14", "order": 46, "type": "footer", "bbox": { "l": 299.76, "t": 17.52, "r": 312.24, "b": 7.68 }, "text": "64", "attrs": { "block_label": "number" } } ], "excluded_furniture": { "first": [], "last": [] } }