(FOR MUNICIPALITIES ONLY) CURRENT TAXES - 2011 LEVY

  1. Amount of Levy as per Duplicate (Analysis) # 82101-00 $ 131,360,681.59 or (Abstract of Ratables) 82113-00 $ _____
  2. Amount of Levy Special District Taxes 82102-00 $ 5,147,677.27
  3. Amount Levied for Omitted Taxes under N.J.S.A. 54:4-63.12 et seq. 82103-00 $___
  4. Amount Levied for Added Taxes under N.J.S.A. 54:4-63.1 et. seq. 82104-00 $ 676,890.92
  5. 5a. Subtotal 2011 Levy $137,185,249.78 5b. Reductions due to tax appeals ** $ 5c. Total 2011 Tax Levy 82106-00 $137,185,249.78 6 Transferred to Tax Title Liens 82107-00 $177,676.92
  6. Transferred to Foreclosed Property 82108-00 $ 0.00
  7. Remitted, Abated or Canceled
  8. Discount Allowed
  9. Collected in Cash: In 2010 82121-00 $ 497,878.54 In 2011 * 82122-00 $ 133,696,557.08 R.E.A.P. Revenue 82124-00 ____State'sShare of 2011 Senior Citizens and Veterans Deductions Allowed 82123-00 560,000.00 Total to Line 14 82111-00 $ 134,754,435.62 11. Total Credits $ 135,262,699.29
  10. Collected in Cash: In2010
  11. Amount Outstanding December 31, 2011
  12. Percentage ofCash Collections to Total 2011 Levy, (Item 10 divided by Item 5c) is
  13. Note: If municipality conducted Accelerated Tax Sale or Tax Levy Sale check here ___ & complete sheet 22a
  14. Calculation of Current Taxes Realized in Cash:

Total of Line 10 $134,754,435.62 Less: Reserve for Tax Appeals Pending State Division of Tax Appeals . $0.00

To Current Taxes Realized in Cash (Sheet 17) $134,754,435.62

Note A: In showing the above percentage the following should be noted: Where Item 5 shows $1,500,000.00, and Item 10 shows $1,049,977.50, the percentage represented by the cash collections would be $1,049,977.50 / $1,500,000 or .699985. The correct percentage to be shown as Item 13 is 69.99% and not 70.00%, nor 69.99%

# Note: On Item 1 if Duplicate (Analysis) Figure is used; be sure to include Senior Citizens and Veterans Deductions.

  • * Include overpayments applied as part of 2011 collections.

**Tax appeals pursuant to R.S. 54:3-21 et seq and/or R.S. 54:48-1 et seq approved by resolution of the governing body prior to introduction of municipal budget. (N.J.S.A. 40A:4-41)**

Sheet 22