SCHEDULE OF RESERVE FOR TAX APPEALS PENDING (N.J.S.A. 54:3-27)
Debit Credit
Balance January 1, 2011 XXXXXXXX XX 421,222.78
Taxes Pending Appeals XXXXXXXX XX XXXXXXXX XX
Interest Earned on Taxes Pending Appeals XXXXXXXX XX XXXXXXXX XX
Contested Amount of 2011 Taxes Collected which are Pending State Appeal (Item 14, Sheet 22) XXXXXXXX XX 0.00
Interest Earned on Taxes Pending State Appeals XXXXXXXX XX
Cash Paid to Appelants (Including 5% Interest from Date of Payment) 0.00 XXXXXXXX XX
Closed to Results of Operations (Portion of Appeal won by Municipality, including Interest) XXXXXXXX XX
Balance December 31, 2011 421,222.78 XXXXXXXX XX
Taxes Pending Appeals* XXXXXXXX XX XXXXXXXX XX
Interest Earned on Taxes Pending Appeals XXXXXXXX XX XXXXXXXX XX
* Includes State Tax Court and County Board of Taxation Appeals Not Adjusted by December 31, 2011 421,222.78 421,222.78
Signature of Tax Collector
887 License #
2/8/12 Date
Sheet 24