NOTE THAT A TRIAL BALANCE IS REQUIRED AND NOT A BALANCE SHEET POST CLOSING TRIAL BALANCE - CURRENT FUND AS AT DECEMBER 31, 2011
Cash Liabilities Must be Subtotaled and Subtotal Must be Marked With "C" - Taxes Receivable Must Be Subtotaled
| Title of Account | Debit | Credit |
|---|
| Cash and Cash Equivalents | 17,876,814.14 | | |
|---|
| Change Fund | 675.00 | | |
|---|
| Due from NJ - Ch. 128, P.L. 1976 | 16,565.42 | | |
|---|
| Subtotal | 17,894,054.56 | | |
|---|
| Taxes Receivable | 1,998,330.42 | | |
|---|
| Tax Title Liens | 1,613,503.42 | | |
|---|
| Property Acquired for Taxes | 6,438,900.00 | | |
|---|
| Revenue Accounts Receivable | 30,652.21 | | |
|---|
| Interfunds: | | | |
|---|
| Trust-Other | 1,348.78 | | |
|---|
| Subtotal | 10,082,734.83 | | |
|---|
| Deferred Charges: | | | |
|---|
| Special Emergency Authorizations | 70,130.00 | | |
|---|
| Appropriation Reserves | | 1,474,705.78 | |
|---|
| Reserve for Encumbrances | | 942,987.49 | |
|---|
| Tax Overpayments | | 71,978.07 | |
|---|
| Prepaid Taxes | | 819,594.46 | |
|---|
| Interfund-Grant Fund | | 335,458.72 | |
|---|
| Due to State of New Jersey: | | | |
|---|
| Other Fees | | 17,369.00 | |
|---|
| County Taxes Payable | | 99,286.96 | |
|---|
| Accounts Payable | | 222,730.10 | |
|---|
| Reserve for Master Plan | | 30,521.23 | |
|---|
| Reserve for Revaluation | | 5,743.40 | |
|---|
| Reserve for Tax Appeals | | 421,222.78 | |
|---|
| Reserve for Skate Park | | 2,118.00 | |
|---|
| Reserve for Garden State Trust Fund | | 56,290.95 | |
|---|
| Reserve for Codification of Ordinances | | 14,091.00 | |
|---|
| Tax Anticipation Note payable | | 11,100,000.00 | |
|---|
| Subtotal | | 15,614,097.94 | C |
|---|
Sheet 3