===== PAGE 1 ===== # ANNUAL FINANCIAL STATEMENT FOR THE YEAR 2011 (UNAUDITED) POPULATION LAST CENSUS 42,816 NET VALUATION TAXABLE 2011 6,746,824,494 MUNICODE 1511 FIVE DOLLARS PER DAY PENALTY IF NOT FILED BY: COUNTIES - JANUARY 26, 2012 MUNICIPALITIES - FEBRUARY 10, 2012 ANNUAL FINANCIAL STATEMENT REQUIRED TO BE FILED UNDER NEW JERSEY STATUTES ANNOTATED 40A:5-12, AS AMENDED, COMBINED WITH INFORMATION REQUIRED PRIOR TO CERTIFICATION OF BUDGETS BY THE DIRECTOR OF THE DIVISION OF LOCAL GOVERNMENT SERVICES. TOWNSHIP _of JACKSON ,County of OCEAN ### SEE BACK COVER FOR INDEX AND INSTRUCTIONS. DO NOT USE THESE SPACES
DateExamined By:
1Preliminary Check
2Examined
I hereby certify that the debt shown on Sheets 31 to 34a, 49 to 51a and 63 to 65a are complete, were computed by me and can be supported upon demand by a register or other detailed analysis. Signature Title Chief Financial Officer (This must be signed by Chief Financial Officer, Comptroller, Auditor or Registered Municipal Accountant.) ## REQUIRED CERTIFICATION BY THE CHIEF FINANCIAL OFFICER: I hereby certify that I am responsible for filing this verified Annual Financial Statement, (which I have prepared) or (which I have not prepared) [eliminate one] and information required also included herein and that this Statement is an exact copy of the original on file with the clerk of the governing body, that all calculations, extensions and additions are correct, that no transfers have been made to or from emergency appropriations and all statements contained herein are in proof; I further certify that this statement is correct insofar as I can determine from all the books and records kept and maintained in the Local Unit. Further, I do hereby certify that I, Sharon Pinkava____, am the Chief Financial Officer, License # N-0725 , of the Township of Jackson , County of Ocean statements annexed hereto and made a part hereof are true statements of the financial condition of the Local Unit as at December 31, 2011, completely in compliance with N.J.S. 40A:5-12, as amended. I also give complete assurances as to the veracity of required information included herein, needed prior to certification by the Director of Local Government Services, including the verification of cash balances as of December 31, 2011. Signature
TitleChief Financial Officer
Address95 West Veterans Highway, Jackson, NJ 08527
Phone Number(732) 928-1200
Fax Number(732) 928-6109
Emailspinkava@jacksontwpnj.net
IT IS HEREBY INCUMBENT UPON THE CHIEF FINANCIAL OFFICER, WHEN NOT PREPARED BY SAID, AT A MINIMUM MUST REVIEW THE CONTENTS OF THIS ANNUAL FINANCIAL STATEMENT WITH THE PREPARER, SO AS TO BE FAMILIAR WITH THE REPRESENTATIONS AND INSERTIONS MADE HEREIN. ===== PAGE 2 ===== # THE REQUIRED CERTIFICATION BY AN RMA IS AS FOLLOWS: Preparation by Registered Municipal Accountant (Statement of Statutory Auditor Only) I have prepared the post-closing trial balances, related statements and analyses included in the accompanying Annual Financial Statement from the books of account and records made available to me by the ___ of ___ as of December 31, 2020 and have applied certain agreed-upon procedures thereon as promulgated by the Division of Local Government Services, solely to assist the Chief Financial Officer in connection with the filing of the Annual Financial Statement for the year then ended as required by N.J.S. 40A:5-12, as amended. Because the agreed-upon procedures do not constitute an examination of accounts made in accordance with generally accepted auditing standards, I do not express an opinion on any of the post-closing trial balances, related statements and analyses. In connection with the agreed-upon procedures, (except for circumstances as set forth below, no matters) or (no matters) [eliminate one] came to my attention that caused me to believe that the Annual Financial Statement for the year ended _____ is not in substantial compliance with the requirements of the State of New Jersey, Department of Community Affairs, Division of Local Government Services. Had I performed additional procedures or had I made an examination of the financial statements in accordance with generally accepted auditing standards, other matters might have come to my attention that would have been reported to the governing body and the Division. This Annual Financial Statement relates only to the accounts and items prescribed by the Division and does not extend to the financial statements of the municipality/county, taken as a whole. Listing of agreed-upon procedures not performed and/or matters coming to my attention of which the Director should be informed: N/A
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(Registered Municipal Accountant) Certified by me (Firm Name) This ___ day of _____, 2012 (Phone Number)
(Fax Number)
===== PAGE 3 ===== # UNIFORM CONSTRUCTION CODE CERTIFICATION BY CONSTRUCTION CODE OFFICIAL ___ The undersigned certifies that the municipality has compiled with the regulations governing revenues generated by uniform construction code fees and expenditures for construction code operations for fiscal year 2011 as required under N.J.A.C. 5:23-4.17. Printed Name: Barry G. Olejarz Signature: ___ Certificate #: 002816 Date: 02/10/11 ===== PAGE 4 ===== # MUNICIPAL BUDGET LOCAL EXAMINATION QUALIFICATION CERTIFICATION BY CHIEF FINANCIAL OFFICER One of the following Certifications must be signed by the Chief Financial Officer if your municipality is eligible for local examination. ## CERTIFICATION OF QUALIFYING MUNICIPALITY 1. The outstanding indebtedness of the previous fiscal year is not in excess of 3.5% 2. All emergencies approved for the previous fiscal year did not exceed 3% of total appropriations; 3. The tax collection rate exceeded 90% 4. Total deferred charges did not equal or exceed 4% of the total tax levy; 5. There were no "procedural deficiencies" noted by the registered municipal accountant on Sheet 1a of the Annual Financial Statement; and 6. There was no operating deficit for the previous fiscal year. 7. The municipality did not conduct an accelerated tax sale for less than 3 consecutive years. 8. The municipality did not conduct a tax levy sale the previous fiscal year and does not plan to conduct one in the current year. 9. The current year budget does not contain a levy or appropriation "CAP" referendum. 10. The municipality will not apply for Transitional Aid for 2012. The undersigned certifies that this municipality has complied in full in meeting ALL of the above criteria in determining its qualification for local examination of its Budget in accordance with N.J.A.C. 5:30-7.5. Municipality: Chief Financial Officer: Township of Jackson Signature: Sharon Pinkava Certificate #: ___ Date: N-0725 2/8/12 ## CERTIFICATION OF NON-QUALIFYING MUNICIPALITY The undersigned certifies that this municipality does not meet Item(s)# of the criteria above and therefore does not qualify for local examination of its Budget in accordance with N.J.A.C. 5:30-7.5. Municipality: Chief Financial Officer: Signature: Certificate #: Date: ===== PAGE 5 ===== Township of Jackson Municipality Ocean County # Report of Federal and State Financial Assistance Expenditures of Awards Fiscal Year Ending: 12/31/2011 (1) (2) (3) Federal Programs Expended (administered by the State) State Programs Expended Other Federal Programs Expended TOTAL $ 461,224 206,090 20,002 Type of Audit required by OMB A-133 and OMB 04-04: $ \underline{\hspace{2cm}} Single Audit Program Specific Audit X __Financial Statement Audit Performed in Accordance With Government Auditing Standards (Yellow Book) Note: All local governments, who are recipients of federal and state awards (financial assistance), must report the total amount of federal and state funds expended during its fiscal year and the type of audit required to comply with OMB A-133 (Revised 6/27/03) and OMB 04-04. The single audit threshold has been increased to500,000 beginning with fiscal year ending 12/31/03. Expenditures are defined in Section 205 of OMB A-133. (1) Report expenditures from federal pass-through programs received directly from state governments. Federal pass-through funds can be identified by the Catalog of Federal Domestic Assistance (CFDA) number reported in the State's grant/contract agreements. (2) Report expenditures from state programs received directly from state government or indirectly from pass-through entities. Exclude state aid (I.e., CMPTRA, Energy Receipts tax, etc.) since there are no compliance requirements. (3) Report expenditures from federal programs received directly from the federal government or indirectly from entities other than state governments.
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Signature Of Chief Financial Officer
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Date ===== PAGE 6 ===== # IMPORTANT! READ INSTRUCTIONS ## INSTRUCTION The following certification is to be used ONLY in the event there is NO municipality operated utility. If there is a utility operated by the municipality or if a "utility fund" existed on the books of account, do not sign this statement and do not remove any of the UTILITY sheets from the docu- ment. ## CERTIFICATION I hereby certify that there was no "utility fund" on the books of account and there was no utility owned and operated by the Township of Jackson County of Ocean during the year 2011 and that sheets 40 to 68 are unnec- I have therefore removed from this statement the sheets pertaining only to utilities Name Title Chief Financial Officer (This must be signed by the Chief Financial Officer, Comptroller, Auditor or Registered Municipal Accountant.) NOTE: When removing the utility sheets, please be sure to refasten the "index" sheet (the last sheet in the statement) in order to provide a protective cover sheet to the back of the document. ## MUNICIPAL CERTIFICATION OF TAXABLE PROPERTY AS OF OCTOBER 1, 2011 Certification is hereby made that the Net Valuation Taxable of property liable to taxation for the tax year 2012 and filed with the County Board of Taxation on January 10, 2012 in accordance with the requirement of N.J.S.A. 54:4-35, was in the amount of 6,710,626,337 .
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Joni Nagle-Rowe SIGNATURE OF TAX ASSESSOR Township MUNICIPALITY Ocean COUNTY ===== PAGE 7 ===== # NOTE THAT A TRIAL BALANCE IS REQUIRED AND NOT A BALANCE SHEET POST CLOSING TRIAL BALANCE - CURRENT FUND AS AT DECEMBER 31, 2011 ## AS AT DECEMBER 31, 2011 Cash Liabilities Must be Subtotaled and Subtotal Must be Marked With "C" - Taxes Receivable Must Be Subtotaled
Title of AccountDebitCredit
Cash and Cash Equivalents17,876,814.14
Change Fund675.00
Due from NJ - Ch. 128, P.L. 197616,565.42
Subtotal17,894,054.56
Taxes Receivable1,998,330.42
Tax Title Liens1,613,503.42
Property Acquired for Taxes6,438,900.00
Revenue Accounts Receivable30,652.21
Interfunds:
Trust-Other1,348.78
Subtotal10,082,734.83
Deferred Charges:
Special Emergency Authorizations70,130.00
Appropriation Reserves1,474,705.78
Reserve for Encumbrances942,987.49
Tax Overpayments71,978.07
Prepaid Taxes819,594.46
Interfund-Grant Fund335,458.72
Due to State of New Jersey:
Other Fees17,369.00
County Taxes Payable99,286.96
Accounts Payable222,730.10
Reserve for Master Plan30,521.23
Reserve for Revaluation5,743.40
Reserve for Tax Appeals421,222.78
Reserve for Skate Park2,118.00
Reserve for Garden State Trust Fund56,290.95
Reserve for Codification of Ordinances14,091.00
Tax Anticipation Note payable11,100,000.00
Subtotal15,614,097.94C
(Do not crowd - add additional sheets) ===== PAGE 8 ===== # NOTE THAT A TRIAL BALANCE IS REQUIRED AND NOT A BALANCE SHEET POST CLOSING TRIAL BALANCE - CURRENT FUND (CONT'D) AS AT DECEMBER 31, 2011 Cash Liabilities Must be Subtotaled and Subtotal Must be Marked With "C" - Taxes Receivable Must Be Subtotaled
Title of AccountDebitCredit
Reserve for Receivables10,082,734.83
Fund Balance2,350,086.62
28,046,919.3928,046,919.39
===== PAGE 9 ===== # POST CLOSING TRIAL BALANCE - PUBLIC ASSISTANCE FUND Accounts #1 and #2* AS AT DECEMBER 31, 2011
Title of AccountDebitCredit
Public Assistance Trust Fund 1
Cash29,552.40
Reserve for Public Assistance29,552.40
29,552.4029,552.40
(Do not crowd - add additional sheets)* To be prepared in compliance with Department of Human Services Municipal Audit Guide, Public Welfare, General Assistance Program. ===== PAGE 10 ===== ## POST CLOSING TRIAL BALANCE - FEDERAL AND STATE GRANTS ## AS AT DECEMBER 31, 2011
Title of AccountDebitCredit
Grants Receivable533,250.51
Interfund-Current335,458.72
Reserve for Encumbrances57,991.22
Appropriated Reserve743,740.61
Unappropriated Reserves66,977.40
868,709.23868,709.23
(Do not crowd - add additional sheets) ===== PAGE 11 ===== # POST CLOSING TRIAL BALANCE - TRUST FUNDS (Assessment Section Must be Separately Stated) AS AT DECEMBER 31, 2011
Title of AccountDebitCredit
Trust - Other Funds
Cash13,881,212.08
Due from County of Ocean-CDBG441,090.51
Interfund-Current Fund1,348.78
Various Reserves14,320,953.81
14,322,302.5914,322,302.59
Dog Trust Fund
Cash61,964.91
Due State of New Jersey0.00
Reserve for Dog Fund Expenditures61,964.91
61,964.9161,964.91
(Do not crowd - add additional sheets) ===== PAGE 12 ===== ### MUNICIPAL PUBLIC DEFENDER CERTIFICATION Public Law 1998, C. 256 Municipal Public Defender Expended Prior Year 2010: ..... (1) (31,400)/x 25% (2) (7,850)/x Municipal Public Defender Trust Cash Balance December 31, 2011: ..... (3) ____11,266 Note: If the amount of money in adedicated fund established pursuant to this section exceeds by more than 25% the amount which the municipality expended during the prior year providing the services of amunicipal public defender, the amount in excess of the amount expended shall be forwarded to the Criminal Disposition and Review Collection Fund administered by the Victims of Crime Compensation Board (P.O. Box 084, Trenton, N.J. 08625). Amount in excess of the amount expended:3 - (1 +2) = ___ 0 The undersigned certifies that the municipality has complied with the regulations governing Municipal Public Defender as required under Public Law 1998, C. 256. Chief Financial Officer: Sharon Pinkava Signature: Certificate #: N-0725/ Date: 21/8/12 ===== PAGE 13 =====
Schedule of Trust Fund Reserves
PurposeAmount\nDec. 31, 2010\nper Audit\nReportReceiptsDisbursementsBalance\nas at\nDec. 31, 2011
1.Special Law Enforcement Fund $95,939.6541,907.7012,786.28$ 125,061.07
2.Recycling Trust235,799.00146,943.9018,328.31364,414.59
3.Parking Offense Adjudication Act1,538.0038.001,576.00
4.CDBG71,646.51326,200.00149,665.68248,180.83
5.Unemployment Trust192,059.32220,330.5492,125.09320,264.77
6.Municipal Alliance164.27550.000.00714.27
7.Sick Leave Trust9,840.57174,091.1499,765.2984,166.42
8.Harmony Trust474.00474.00
9.Public Defender Fees16,606.2623,260.0028,600.0011,266.26
10.Tree Escrow761,135.2623,917.5079,642.50705,410.26
11.Snow Removal348.91100,000.00100,348.91
12.Developers Contrib SW/Curbs42,950.001,700.0044,650.00
13.Detention Basin739,190.855,964.22745,155.07
14.Youth Advisory240.75240.75
15.Management of Feral Cats3,353.001,229.002,707.921,874.08
16.Clean Communities0.001,425.00500.00925.00
17.Recreation Trust261,785.81617,535.08592,913.73286,407.16
18.Handicapped Commission18,865.125,568.606,143.5618,290.16
19.Developer Escrow5,594,381.05907,245.301,297,224.965,204,401.39
20.Off Duty Police90,438.69597,603.75570,521.75117,520.69
21.Industrial Commission0.300.300.00
22.Municipal Open Space1,685,746.561,368,843.32773,827.542,280,762.34
23.Reserve for COAH3,147,657.25148,062.66165,623.813,130,096.10
24.TTL/Premiums/Redemptions410,841.151,571,473.421,453,560.88528,753.69
25.
26.
27.
28.
29.
30.
Totals:$ 13,381,002.286,283,889.135,343,937.60$ 14,320,953.81
===== PAGE 14 =====
ANALYSIS OF TRUST ASSESSMENT CASH AND INVESTMENTS PLEDGED TO LIABILITIES AND SURPLUS
Title of Liability to which Cash and Investments are PledgedAudit Balance Dec. 31, 2010RECEIPTSDisbursementsBalance Dec. 31, 2011
Dec. 31, 2010Assessments and LiensCurrent BudgetDisbursementsBalance Dec. 31, 2011
Assessment Serial Bond Issues:XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
Assessment Bond Anticipation Note Issues:XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
Other Liabilities
Trust Surplus
Less Assets "Unfinanced"XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
===== PAGE 15 ===== ## POST CLOSING TRIAL BALANCE - GENERAL CAPITAL FUND ## AS AT DECEMBER 31, 2011
Title of AccountDebitCredit
Est. Proceeds Bonds and Notes Authorized4,785,392.00XXXXXXXXXXX
Bonds and Notes Authorized but Not IssuedXXXXXXXXXXX4,785,392.00
Cash3,532,981.94
Deferred Charges:
Funded29,200,000.00
Unfunded4,785,392.00
Grants Receivable586,385.00
Interfund-Current
Serial Bonds29,200,000.00
Improvement Authorizations:
Funded1,761,419.58
Unfunded3,614,255.65
Reserve for Encumbrances1,194,086.83
Reserve for Payment of Debt1,853,770.57
Reserve for Fire Damage10,589.48
Reserve for Bond Issuance Costs
Capital Improvement Fund110,537.88
Fund Balance360,098.95
42,890,150.9442,890,150.94
(Do not crowd - add additional sheets) ===== PAGE 16 ===== (THIS MUST BE SIGNED BY THE REGISTERED MUNICIPAL ACCOUNTANT (STATUTORY AUDITOR) OR CHIEF FINANCIAL OFFICER) depending on who prepared this Annual Financial Statement as certified to on Sheet 1 or 1(a). Signature: Menn Think kava Title: CFO this certification. THIS MUST BE SIGNED BY ## CASH RECONCILIATION DECEMBER 31, 2011
CashLess Checks OutstandingCash Book Balance
*On HandOn Deposit
Current129,472.5118,151,149.46403,807.8317,876,814.14
Trust - Assessment
Trust - Dog License62,730.51765.6061,964.91
Trust - Other14,059,118.93177,906.8513,881,212.08
Capital - General3,630,809.1297,827.183,532,981.94
Water - Operating
Water - Capital
Utility
Assessment Trust
Public Assistance**29,552.400.0029,552.40
Garbage District
* - Include Deposits In Transit **Be sure to include a Public Assistance reconciliation and trial balance if the municipality maintains such a bank account** ## REQUIRED CERTIFICATION I hereby certify that all amounts shown in the "Cash on Deposit" column on Sheet 9 and 9(a) have been verified with the applicable bank statements, certificates, agreements or passbooks at December 31, 2011. I also certify that all amounts, if any, shown for Investments in Savings and Loan Associations on any trial balance have been verified with the applicable passbooks at December 31, 2011. All "Certificates of Deposit", "Repurchase Agreements" and other investments must be reported as cash and included in this certification. ===== PAGE 17 =====
CASH RECONCILIATION DECEMBER 31, 2011 (cont'd. LIST BANKS AND AMOUNTS SUPPORTING "CASH ON DEPOSIT")
Current Fund
Ocean First Bank
Account Ending in 001318,150,535.11
Account Ending in 0750556.35
New Jersey Cash Management
Account Ending in 717158.00
18,151,149.46
Animal Trust Fund
Ocean First Bank
Account Ending in 006262,730.51
Other Trust Fund
Ocean First Bank
Account Ending in 00542,331,518.03
Account Ending in 03022,280,762.34
Account Ending in 013820,367.61
Account Ending in 0047294,685.67
Account Ending in 0088571,001.90
Account Ending in 15355,340,051.28
Account Ending in 25892,906,598.51
Account Ending in 257186,071.01
Harmony Bank
Account Ending in 1112228,062.58
TD Bank
Account Ending in 79470.00
14,059,118.93
General Capital Fund
Ocean First Bank
Account Ending in 002198,004.16
Account Ending in 07683,532,803.47
New Jersey Cash Management Fund
Account Ending in 21711.49
3,630,809.12
Public Assistance
Ocean First Bank
Account Ending in 007029,552.40
Total35,933,360.42
Note: Sections N.J.S. 40A:4-61, 40A:4-62 and 40A:4-63 of the Local Budget Law require that separate bank accounts be maintained for each allocated fund. ===== PAGE 18 ===== ## MUNICIPALITIES AND COUNTIES FEDERAL AND STATE GRANTS RECEIVABLE
GrantBalance Jan. 1, 20112011 Budget Revenue RealizedReceivedCancelledUnappropriated Reserves RealizedBalance Dec. 31, 2011
Green Communities '083,000.003,000.000.00
Mun Alliance Alcohol&Drug '09191.39191.39
Safe & Secure '1021,603.7521,603.750.00
NJDEP Community Forestry Program '097,000.007,000.00
EECBG '10464,500.00464,500.00
Handicapped Recreation '109,029.729,029.720.00
Mun Alliance Alcohol&Drug '1014,835.7112,943.481,892.23
Edward T Byrne Justice Assistance Grant '1020,850.0020,850.000.00
Safe & Secure '1119,086.009,543.009,543.00
Mun Alliance Alcohol&Drug '1126,539.005,786.2520,752.75
Clean Communities '1187,125.9087,125.900.00
Recycling Tonnage '1169,207.0469,207.040.00
Drunk Driving Enforcement Fund '119,279.199,279.190.00
Cops In Shops/College Fall Initiative '113,200.003,200.000.00
Handicap Recreational Opportunities Grant '1115,000.009,228.865,771.14
Body Armor Replacement Grant-State '117,123.157,123.150.00
OC Office of Senior Services-Information Assistance Grant '1117,710.0013,285.004,425.000.00
Variable Message Sign Board Grant '1117,000.0017,000.00
Cops in Shops Summer/Shore Initiative 111,600.001,600.00
Totals
===== PAGE 19 =====
MUNICIPALITIES AND COUNTIES FEDERAL AND STATE GRANTS RECEIVABLE
GrantBalance Jan. 1, 20112011 Budget Revenue RealizedReceivedCancelledUnappropriated Reserves RealizedBalance Dec. 31, 2011
Drive Sober or Get Pulled Over Y/E Crckdown '115,000.005,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Totals541,010.57277,870.28108,470.060.00177,160.28533,250.51
Sheet 10a ===== PAGE 20 =====
SCHEDULE OF APPROPRIATED RESERVES FOR FEDERAL AND STATE GRANTS
GrantBalance Jan. 1, 2011Transferred from 2011 Budget AppropriationsP/Y Reserve for EncumbrancesC/Y Reserve for EncumbrancesExpendedCancelledBalance Dec. 31, 2011
BudgetAppropriation By 40A:4-87
STORMWATER 06371.60371.60
CLEAN COMMUNITIES PROGRAM 991,021.531,021.53
MUN ALLIANCE ALCOHOL&DRUG 105,904.2010,702.1513,527.313,079.04
ALCOHOL ED & REHABILITATION FUND 050.00206.99206.990.00
ALCOHOL ED & REHABILITATION FUND 06497.59524.51927.5194.59
ALCOHOL ED & REHABILITATION FUND 081,353.131,353.13
ALCHL ED & REHAB 20092,302.462,302.46
RECYCLING TONNAGE 063.323.32
RECYCLING TONNAGE 0733.0833.08
RECYCLING TONNAGE 087,869.177,869.17
RECYCLING TONNAGE 200935,530.0735,530.07
RECYCLING MINI CH1592,906.352,906.35
DRUNK DRIVING ENFORCEMENT FUND 0912,993.101,130.004,384.529,738.58
CLEAN COMMUNITIES PROGRAM 080.010.01
CLEAN COMMUNITIES 20096.116.11
HANDICAPPED RECREATION 102,560.502,033.204,593.700.00
GREEN COMMUNITIES 082,269.482,269.48
===== PAGE 21 =====
SCHEDULE OF APPROPRIATED RESERVES FOR FEDERAL AND STATE GRANTS
GrantBalance Jan. 1, 2011Transferred from 2011 Budget AppropriationsP/Y Reserve for EncumbrancesC/Y Reserve for EncumbrancesExpendedCancelledBalance Dec. 31, 2011
BudgetAppropriation By 40A:4-87
BODY ARMOR REPLACEMENT 076,885.506,885.500.00
FEDERAL BODY ARMOR REPLACEMENT 089,422.179,422.170.00
NJ BODY ARMOR 20098,612.778,612.770.00
CFMP ARBOR DAY 2009198.36198.36
ARRA EECGB 10464,500.00464,500.00
EDWARD T BRYNE JUSTICE ASSISTANCE '100.002,662.662,662.660.00
RECYCLING TONNAGE '1084,674.7140,000.0044,674.71
ALCOHOL EDUCATION & REHABILITATION '103,093.893,093.89
SAFE & SECURE '107,201.257,201.250.00
BODY ARMOR '102,599.94819.561,780.38
CLEAN COMMUNITIES '1061,879.54379.99200.0062,057.372.16
OVER THE LIMIT/UNDER ARREST '100.000.00
NJDEP COMMUNITY FORESTRY MGMNT BUSINESS S7,000.007,000.000.00
Safe & Secure '110.0019,086.0014,314.504,771.50
Municipal Alliance '110.0033,173.756,460.0017,793.778,919.98
Clean Communities '110.0087,125.90851.3527,677.8958,596.66
Recycling Tonnage '110.0069,207.0469,207.04
===== PAGE 22 ===== ## SCHEDULE OF APPROPRIATED RESERVES FOR FEDERAL AND STATE GRANTS
GrantBalance Jan. 1, 2011Transferred from 2011 Budget AppropriationsP/Y Reserve for EncumbrancesC/Y Reserve for EncumbrancesExpendedCancelledBalance Dec. 31, 2011
BudgetAppropriation By 40A:4-87
Drunk Driving Enforcement Fund '110.009,279.199,279.19
Cops In Shops/College Fall Initiative '110.003,200.003,200.000.00
Handicap Recreational Opportunities Grant '110.003,000.0015,000.00393.0015,815.391,791.61
Body Armor Replacement Grant-State '110.007,123.157,123.15
OC Office of Senior Services-Information Assistance Grant '10.0017,710.00346.8717,339.6723.46
Variable Message Sign Board Grant '110.0017,000.0017,000.000.00
Cops in Shops Summer/Shore Initiative 110.001,600.001,600.000.00
Drive Sober or Get Pulled Over Y/E Crckdown '110.005,000.001,800.003,200.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Totals731,689.83248,905.0338,600.0017,639.5057,991.22235,102.530.00743,740.61
===== PAGE 23 =====
SCHEDULE OF UNAPPROPRIATED RESERVES FOR FEDERAL AND STATE GRANTS
GrantBalance Jan. 1, 2011Transferred from 2011 Budget AppropriationsReceivedCancelledBalance Dec. 31, 2011
BudgetAppropriation By 40A:4-87
Alcohol Education and Rehabilitation0.001,186.561,186.56
Recycling Tonnage0.0069,207.04118,238.1449,031.10
Drunk Driving Enforcement Fund9,279.199,279.198,528.358,528.35
NJ Body Armor7,123.157,123.157,231.397,231.39
Clean Communities0.0087,125.9087,125.900.00
NJLM Education Foundation Small Growth Going Green0.001,000.001,000.00
OCDOF Senior Citizen Information Grant0.004,425.004,425.000.00
Totals16,402.34177,160.280.000.00227,735.340.000.0066,977.40
===== PAGE 24 =====
*LOCAL DISTRICT SCHOOL TAX
DebitCredit
Balance January 1, 2011XXXXXXXXXXXXXXXXXXXX
School Tax Payable # 85001-00XXXXXXXXXX
School Tax Deferred\n(Not in excess of 50% of Levy - 2010 - 2011) 85002-00XXXXXXXXXX
Levy School Year July 1, 2011 - June 30, 2012XXXXXXXXXX
Levy Calendar Year 2011XXXXXXXXXX78,661,566.00
Paid78,661,566.00XXXXXXXXXX
Balance December 31, 2011XXXXXXXXXXXXXXXXXXXX
School Tax Payable # 85003-00XXXXXXXXXX
School Tax Deferred\n(Not in excess of 50% of Levy - 2011 - 2012) 85004-00XXXXXXXXXX
*Not including Time taken to determine the total tax benefits of the plan.78,661,566.0078,661,566.00
* Not including Type 1 school debt service, emergency authorizations-schools, transfer to Board of Education for use of local schools # Must include unpaid requisitions
MUNICIPAL OPEN SPACE TAX
DebitCredit
Balance January 1, 2011. 85045-00XXXXXXXXXXXX1,685,746.56
2011 Levy 85105-00XXXXXXXXXXXX1,349,364.90
Added and Omitted Taxes5,695.56
Interest EarnedXXXXXXXXXXXX13,782.86
Expenditures773,827.54XXXXXXXXXXXX
Balance December 31, 2011 85046-002,280,762.34XXXXXXXXXXXX
3,054,589.883,054,589.88
===== PAGE 25 =====
REGIONAL SCHOOL TAX
(Provide a separate statement for each Regional District involved)
DebitCredit
Balance January 1, 2011XXXXXXXXXXXXXXXXXXXX
School Tax Payable # 85031-00XXXXXXXXXX
School Tax Deferred (Not in excess of 50% of Levy - 2010 - 2011) 85032-00XXXXXXXXXX
Levy School Year July 1, 2011 - June 30, 2012XXXXXXXXXX
Levy Calendar Year 2011XXXXXXXXXX
PaidXXXXXXXXXX
Balance December 31, 2011XXXXXXXXXXXXXXXXXXXX
School Tax Payable # 85033-00XXXXXXXXXX
School Tax Deferred (Not in excess of 50% of Levy - 2011 - 2012) 85034-00XXXXXXXXXX
# Must include unpaid requisitions
N A
Image
# REGIONAL HIGH SCHOOL TAX
DebitCredit
Balance January 1, 2011XXXXXXXXXXXXXXXXXXXX
School Tax Payable # 85041-00XXXXXXXXXX
School Tax Deferred (Not in excess of 50% of Levy - 2010 - 2011) 85042-00XXXXXXXXXX
Levy School Year July 1, 2011 - June 30, 2012XXXXXXXXXX
Levy Calendar Year 2011XXXXXXXXXX
PaidXXXXXXXXXX
Balance December 31, 2011XXXXXXXXXXXXXXXXXXXX
School Tax Payable # 85043-00XXXXXXXXXX
School Tax Deferred (Not in excess of 50% of Levy - 2011 - 2012) 85044-00XXXXXXXXXX
# Must include unpaid requisitions ===== PAGE 26 =====
COUNTY TAXES PAYABLE
DebitCredit
Balance January 1, 2011XXXXXXXXXXXXXXXXXXXX
County Taxes 80003-01XXXXXXXXXX
Due County for Added and Omitted Taxes 80003-02XXXXXXXXXX153,451.49
2011 Levy:XXXXXXXXXXXXXXXXXXXX
General County 80003-03XXXXXXXXXX19,536,199.87
County Library 80003-04XXXXXXXXXX2,264,796.82
County HealthXXXXXXXXXX847,623.62
County Open Space PreservationXXXXXXXXXX834,157.77
Due County for Added and Omitted Taxes 80003-05XXXXXXXXXX99,286.97
Paid23,636,229.58XXXXXXXXXX
Balance December 31, 2011XXXXXXXXXXXXXXXXXXXX
County TaxesXXXXXXXXXX
Due County for Added and Omitted Taxes99,286.96XXXXXXXXXX
23,735,516.5423,735,516.54
SPECIAL DISTRICT TAXES
DebitCredit
Balance January 1, 201180003-06XXXXXXXXXX0.00
2011 Levy: (List Each Type of District Tax Separately - see Footnote)XXXXXXXXXXXXXXXXXXXX
Fire - 4 Districts81108-005,106,091.00XXXXXXXXXXXXXXXXXXXX
Sewer -81111-00XXXXXXXXXXXXXXXXXXXX
Water -81112-00XXXXXXXXXXXXXXXXXXXX
Garbage -81109-00XXXXXXXXXXXXXXXXXXXX
Open Space -81105-00XXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXX
Total 2011 Levy80003-07XXXXXXXXXX5,106,091.00
Paid80003-085,106,091.00XXXXXXXXXX
Balance December 31, 201180003-090.00
5,106,091.005,106,091.00
Footnote: Please state the number of districts in each instance ===== PAGE 27 =====
STATE LIBRARY AID RESERVE FOR MAINTENANCE OF FREE PUBLIC LIBRARY WITH STATE AID
DebitCredit
Balance January 1, 201180004-01XXXXXXXXXXXX
State Library Aid Received in 201180004-02XXXXXXXXXXXX
Expended80004-09XXXXXXXXXXXX
Balance December 31, 201180004-10
RESERVE FOR EXPENSE OF PARTICIPATION IN FREE COUNTY LIBRARY WITH STATE AID
Balance January 1, 201180004-03XXXXXXXXXXX
State Library Aid Received in 201180004-04XXXXXXXXXXX
Expended80004-11XXXXXXXXXXX
Balance December 31, 201180004-12
RESERVE FOR AID TO LIBRARY OR READING ROOM WITH STATE AID (N.J.S.A. 40:54-35)
Balance January 1, 201180004-05XXXXXXXXXXXX
State Library Aid Received in 201180004-06XXXXXXXXXXXX
Expended80004-13XXXXXXXXXXXX
Balance December 31, 201180004-14
RESERVE FOR LIBRARY SERVICES WITH FEDERAL AID
Balance January 1, 201180004-07XXXXXXXXXXX
State Library Aid Received in 201180004-08XXXXXXXXXXX
Expended80004-15XXXXXXXXXXX
Balance December 31, 201180004-16
===== PAGE 28 =====
STATEMENT OF GENERAL BUDGET REVENUES 2011
SourceBudget -01Realized -02Excess or Deficit* -03
Surplus Anticipated80101-2,400,000.002,400,000.000.00
Surplus Anticipated with Prior Written Consent of Director of Local Government80102-0.00
Miscellaneous Revenue Anticipated:XXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
Adopted Budget6,581,491.286,343,786.77-237,704.51
Added by N.J.S. 40A:4-87: (List on 17a)XXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
38,600.0038,600.000.00
Total Miscellaneous Revenue Anticipated80103-6,620,091.286,382,386.77-237,704.51
Receipts from Delinquent Taxes80104-1,900,000.001,262,234.02-637,765.98
Amount to be Raised by Taxation:XXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
(a) Local Tax for Municipal Purposes80105-27,842,738.31XXXXXXXXXXXXXXXXXXXX
(b) Addition to Local District School Tax80106-XXXXXXXXXXXXXXXXXXXX
Total Amount to be Raised by Taxation80107-27,842,738.3128,577,703.11734,964.80
38,762,829.5938,622,323.90-140,505.69
ALLOCATION OF CURRENT TAX COLLECTIONS
DebitCredit
Current Taxes Realized in Cash (Total of Item 10 or 14 on Sheet 22) 80108-00XXXXXXXXXX134,754,435.62
Amount to be Raised by TaxationXXXXXXXXXXXXXXXXXXXX
Local District School Tax 80109-0078,661,566.00XXXXXXXXXX
Regional School Tax 80119-000.00XXXXXXXXXX
Regional High School Tax 80110-000.00XXXXXXXXXX
County Taxes 80111-0023,482,778.08XXXXXXXXXX
Due County for Added and Omitted Taxes 80112-0099,286.97XXXXXXXXXX
Special District Taxes 80113-005,106,091.00XXXXXXXXXX
Municipal Open Space Tax 80120-001,355,060.46XXXXXXXXXX
Reserve for Uncollected Taxes 80114-00XXXXXXXXXX2,528,050.00
Deficit in Required Collection of Current Taxes (or) 80115-00XXXXXXXXXX0.00
Balance for Support of Municipal Budget (or) 80116-0028,577,703.11XXXXXXXXXX
*Excess Non-Budget Revenue (see footnote) 80117-00XXXXXXXXXX
*Deficit Non-Budget Revenue (see footnote) 80118-00XXXXXXXXXX
*There it is no applicable tax law that there is "Amount to be Raised by Taxation" in the "Budget"137,282,485.62137,282,485.62
* These items are applicable only when there is no "Amount to be Raised by Taxation" in the "Budget" column of the statement at the top of this sheet. In such instances, any excess or deficit in the above allocation would apply to "Non-Budget Revenue" only. ===== PAGE 29 ===== ## STATEMENT OF GENERAL BUDGET REVENUES 2011 (Continued) ##### MISCELLANEOUS REVENUES ANTICIPATED: ADDED BY N.J.S. 40A:4-87
SourceBudgetRealizedExcess or Deficit
Handicap Recreational Opportunities Grant '1115,000.0015,000.000.00
Variable Message Sign Board Grant '1117,000.0017,000.000.00
Cops in Shops Summer/Shore Initiative 111,600.001,600.000.00
Drive Sober or Get Pulled Over Y/E Crckdown '115,000.005,000.000.00
CFO Signature: Thann Thakwa ===== PAGE 30 ===== # STATEMENT OF GENERAL BUDGET APPROPRIATIONS 2011
2011 Budget as Adopted80012-0138,724,229.59
2011 Budget - Added by N.J.S. 40A:4-8780012-0238,600.00
Appropriated for 2011 (Budget Statement Item 9)80012-0338,762,829.59
Appropriated for 2011 by Emergency Appropriation (Budget Statement Item 9)80012-040.00
Total General Appropriations (Budget Statement Item 9)80012-0538,762,829.59
Add: Overexpenditures (see footnote)80012-060.00
Total Appropriations and Overexpenditures80012-0738,762,829.59
Deduct Expenditures:
Paid or Charged [Budget Statement Item (L)]80012-0834,708,277.61
Paid or Charged - Reserve for Uncollected Taxes80012-092,528,050.00
Reserved80012-101,474,705.78
Total Expenditures80012-1138,711,033.39
Unexpended Balances Canceled (see footnote)80012-1251,796.20
FOOTNOTES - RE: OVEREXPENDITURES Every appropriation overexpended in the budget document must be marked with an * and must agree in the aggregate with this item. RE: UNEXPENDED BALANCES CANCELED: Are not to be shown as "Paid or Charged" in the budget document. In all instances "Total Appropriations" and "Overexpenditures" must equal the sum of "Total Expenditures" and "Unexpended Balances Canceled". # SCHEDULE OF EMERGENCY APPROPRIATIONS FOR LOCAL DISTRICT SCHOOL PURPOSES (EXCEPT FOR TYPE I SCHOOL DEBT SERVICE)
Image
===== PAGE 31 ===== ## RESULTS OF 2011 OPERATION ## CURRENT FUND
DebitCredit
Excess of anticipated Revenues:XXXXXXXXXXXXXXXXXXXX
Miscellaneous Revenues anticipated80013-01XXXXXXXXXX0.00
Delinquent Tax Collections80013-02XXXXXXXXXX0.00
XXXXXXXXXX
Required Collection of Current Taxes80013-03XXXXXXXXXX734,964.80
Unexpended Balances of 2011 Budget Appropriations80013-04XXXXXXXXXX51,796.20
Miscellaneous Revenue Not Anticipated81113-XXXXXXXXXX821,041.03
Miscellaneous Revenue Not Anticipated:Proceeds of Sale of Foreclosed Property (Sheet 27)81114-XXXXXXXXXX0.00
Payments in Lieu of Taxes on Real Property81120-XXXXXXXXXX
Sale of Municipal AssetsXXXXXXXXXX
Unexpended Balances of 2010 Appropriation Reserves80013-05XXXXXXXXXX897,317.74
Prior Years Interfunds Returned in 201180013-06XXXXXXXXXX1,912.20
Prior Years Accounts Payable CancelledXXXXXXXXXX353,694.19
PY Senior AllowedXXXXXXXXXX1,451.37
Cancel Grant AppropriationsXXXXXXXXXX0.00
Deferred School Tax Revenue: (See School Taxes, Sheets 13 & 14)XXXXXXXXXXXXXXXXXXXX
Balance January 1, 201180013-07XXXXXXXXXX
Balance December 31, 201180013-08XXXXXXXXXX
Deficit in Anticipated Revenues:XXXXXXXXXXXXXXXXXXXX
Miscellaneous Revenues Anticipated80013-09237,704.51XXXXXXXXXX
Delinquent Tax Collections80013-10637,765.98XXXXXXXXXX
XXXXXXXXXX
Required Collection of Current Taxes80013-11XXXXXXXXXX
Interfund Advances Originating in 201180013-12XXXXXXXXXX
XXXXXXXXXX
PY Senior Disallowed6,702.74XXXXXXXXXX
Refund PY Revenue202.95XXXXXXXXXX
Cancel Grant Receivables0.00XXXXXXXXXX
Deficit Balance - To Trial Balance (Sheet 3)80013-13XXXXXXXXXX
Surplus Balance - To Surplus (Sheet 21)80013-141,979,801.35XXXXXXXXXX
2,862,177.532,862,177.53
===== PAGE 32 ===== ## SCHEDULE OF MISCELLANEOUS REVENUES NOT ANTICIPATED
SourceAmount Realized
2% ADMIN FEE-SR CIT/VET TAX DEDUCTION10,985.95
ADMINISTRATIVE FEES403.00
BID FEES1,100.00
CLERK7,015.70
COUNTY OF OCEAN SCHOOL BOARD ELECTIONS403.20
COURT OVERPAYMENTS47.20
FEMA REIMBURSEMENT332,613.89
GAS & FUEL REIMBURSEMENT101,609.84
INSURANCE REIMBURSEMENTS20,802.44
LIBRARY WATER2,500.00
LITTLE LEAGUE FIELD RENTAL/LEASE5,000.00
MV INSPECTION FINES5,367.50
NON SUFFICENT FUNDS740.00
OCEAN COUNTY RENT OF POLLING PLACES1,000.00
OCEAN CTY JOINT INS FUND 2010 DIVIDEND10,012.74
POLICE ALARM FINES5,925.00
RESOLUTION FEES3,600.00
RESTITUTION180.85
SHARED SERVICES/ANIMAL CONTROL6,585.75
SURCHARGE O/S EMPLOYMENT129,120.00
SURCHARGE PLANNING&ZONING9,780.90
TAX ANTICIPATION NOTE PREMIUM44,511.00
TAX COLLECTOR5,043.81
TELEPHONE REVENUE23,233.68
TOWER RENTAL75,544.08
TOWING LICENSE2,000.00
VENDING MACHINES448.92
MISCELLANEOUS15,465.58
Total Amount of Miscellaneous Revenues Not Anticipated (Sheet 19)$ 821,041.03
===== PAGE 33 ===== ## SURPLUS - CURRENT FUND YEAR 2011
DebitCredit
1. Balance January 1, 201180014-01XXXXXXXXXX2,770,285.27
2.XXXXXXXXXX
3. Excess Resulting from 2011 Operations80014-02XXXXXXXXXX1,979,801.35
4. Amount Appropriated in the 2011 Budget - Cash80014-032,400,000.00XXXXXXXXXX
5. Amount Appropriated in the 2011 Budget - with Prior Written Consent of Director of Local Government Services80014-040.00XXXXXXXXXX
6.XXXXXXXXXX
7. Balance December 31, 201180014-052,350,086.62XXXXXXXXXX
4,750,086.624,750,086.62
ANALYSIS OF BALANCE DECEMBER, 31, 2011 (FROM CURRENT FUND - TRIAL BALANCE)
Cash80014-0617,876,814.14
Investments80014-07
Change Fund675.00
Sub Total17,877,489.14
Deduct Cash Liabilities Marked with "C" on Trial Balance80014-0815,614,097.94
Cash Surplus80014-092,263,391.20
Deficit in Cash Surplus80014-100.00
Other Assets Pledged to Surplus:*
(1) Due from State of N.J. Senior Citizens and Veterans Deduction 80014-1616,565.42
Deferred Charges#70,130.00
Cash Deficit#80014-13
Total Other Assets80014-1486,695.42
* BUT THE CASE OF A "DEFICIT IN CASES SURDD USED NOTHER ASSETS" 80014-152,350,086.62
* IN THE CASE OF A "DEFICIT IN CASH SURPLUS", "OTHER ASSETS WOULD ALSO BE PLEDGED TO CASH LIABILITIES. # MAY NOT BE ANTICIPATED AS NON-CASH SURPLUS IN 2012 BUDGET. (1) MAY BE ALLOWED UNDER CERTAIN CONDITIONS. NOTE: Deferred charges for authorizations under N.J.S. 40A:4-55 (Tax Map, etc.), N.J.S. 40A:4-55 (Flood Damage, etc.), N.J.S. 40A:4-55.1 (Roads and Bridges, etc.) and N.J.S. 40A:4-55.13 (Public Exigencies, etc.) to the extent of emergency notes issued and outstanding for such purposes, together with such emergency notes, may be omitted from this analysis. ===== PAGE 34 ===== # (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 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 7. Transferred to Foreclosed Property 82108-00 $ 0.00 8. Remitted, Abated or Canceled 82109-00 $ 330,586.75 9. Discount Allowed 82110-00 $ 10. 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 12. Amount Outstanding December 31, 2011 83120-00 1,922,550.49 13. Percentage of Cash Collections to total 2011 Levy, (Item 10 divided by Item 5c) is 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 10134,754,435.62 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 / $1,500,000 or .699985. The correct percentage to be shown as Item 13 is 69.99% and not 70.00%, nor 69.99% # Note: On Item 1 if Duplicate (Analysis) Figure is used; be sure to include Senior Citizens and Veterans Deductions.* Include overpayments applied as part of 2011 collections. **Tax appeals pursuant to R.S. 54:3-21 et seq and/or R.S. 54:48-1 et seq approved by resolution of the governing body prior to introduction of municipal budget. (N.J.S.A. 40A:4-41)** ===== PAGE 35 ===== # ACCELERATED TAX SALE / TAX LEVY SALE - CHAPTER 99 ## To Calculate Underlying Tax Collection Rate for 2011 Utilize this sheet only if you conducted an Accelerated Tax Sale or Tax Levy Sale pursuant to Chapter 99, P.L. 1997. (1) Utilizing Accelerated Tax Sale Total of Line 10 Collected in Cash (sheet 22).....$ LESS: Proceeds from Accelerated Tax Sale..... NET Cash Collected .....$ Line 5c (sheet 22) Total 2011 Tax Levy.....$
Image
Percentage of Collection Excluding Accelerated Tax Sale Proceeds (Net Cash Collected divided by Item 5c) is..... ___ % (2) Utilizing Tax Levy Sale Total of Line 10 Collected in Cash (sheet 22)... LESS: Proceeds from Tax Levy Sale (excluding premium). NET Cash Collected Line 5c (sheet 22) Total 2011 Tax Levy.. Percentage of Collection Excluding Accelerated Tax Sale Proceeds (Net Cash Collected divided by Item 5c) is..... ===== PAGE 36 =====
SCHEDULE OF DUE FROM/TO STATE OF NEW JERSEY FOR SENIOR CITIZENS AND VETERANS DEDUCTIONS
DebitCredit
1. Balance January 1, 2011XXXXXXXXXXXXXXXXXXXX
Due From State of New Jersey11,114.05XXXXXXXXXX
Due To State of New JerseyXXXXXXXXXX
2. Sr. Citizens Deductions Per Tax Billings76,500.00XXXXXXXXXX
3. Veterans Deductions Per Tax Billings467,500.00XXXXXXXXXX
4. Sr. Citizens Deductions Allowed By Tax Collector6,750.00XXXXXXXXXX
5. Veterans & Disabled Deductions Allowed by Tax Collector15,500.00
6. Veterans & Disabled Deductions Allowed by Tax Collector 2010, 20091,451.37
7. Sr. Citizens Deductions Disallowed By Tax CollectorXXXXXXXXXX5,250.00
8. Sr. Citizens Deductions Disallowed By Tax Collector 2010 TaxesXXXXXXXXXX5,468.49
9. Received in Cash from StateXXXXXXXXXX549,297.26
10. Veterans & Disabled Deductions Disallowed 20111,000.00
11. Veterans & Disabled Deductions Disallowed 20101,234.25
12. Balance December 31, 2011XXXXXXXXXXXXXXXXXXXX
Due From State of New JerseyXXXXXXXXXX16,565.42
Due To State of New JerseyXXXXXXXXXX
578,815.42578,815.42
Calculation of Amount to be included on Sheet 22, Item 10-2011 Senior Citizens and Veterans Deductions Allowed
Line 276,500.00
Line 3467,500.00
Line 4 & 522,250.00
Sub-Total566,250.00
Less: Line 7 & 106,250.00
To Item 10, Sheet 22560,000.00
===== PAGE 37 ===== ###### SCHEDULE OF RESERVE FOR TAX APPEALS PENDING (N.J.S.A. 54:3-27)
DebitCredit
Balance January 1, 2011XXXXXXXXXX421,222.78
Taxes Pending AppealsXXXXXXXXXXXXXXXXXXXX
Interest Earned on Taxes Pending AppealsXXXXXXXXXXXXXXXXXXXX
Contested Amount of 2011 Taxes Collected which are Pending State Appeal (Item 14, Sheet 22)XXXXXXXXXX0.00
Interest Earned on Taxes Pending State AppealsXXXXXXXXXX
Cash Paid to Appelants (Including 5% Interest from Date of Payment)0.00XXXXXXXXXX
Closed to Results of Operations (Portion of Appeal won by Municipality, including Interest)XXXXXXXXXX
Balance December 31, 2011421,222.78XXXXXXXXXX
Taxes Pending Appeals*XXXXXXXXXXXXXXXXXXXX
Interest Earned on Taxes Pending AppealsXXXXXXXXXXXXXXXXXXXX
* Includes State Tax Court and County Board of Taxation Appeals Not Adjusted by December 31, 2011421,222.78421,222.78
Signature of Tax Collector
Image
887 License # 2/8/12 Date ===== PAGE 38 ===== # COMPUTATION OF APPROPRIATION: RESERVE FOR UNCOLLECTED TAXES AND AMOUNT TO BE RAISED BY TAXATION IN 2012 MUNICIPAL BUDGET
YEAR 2011YEAR 2010
1. Total General Appropriations for 2012 Municipal Budget Statement\nItem 8 (L) (Exclusive of Reserve for Uncollected Tax 80015-XXXXXXXXXX
2. Local District School Tax - Actual 80016-
Estimate** 80017-XXXXXXXXXX
3. Regional School District Tax - Actual 80025-
Estimate* 80026-XXXXXXXXXX
4. Regional High School Tax - Actual 80018-
School Budget 80019-XXXXXXXXXX
5. County Tax Actual 80020-
Estimate* 80021-XXXXXXXXXX
6. Special District Taxes Actual 80022-
Estimate* 80023-XXXXXXXXXX
7. Municipal Open Space Tax Actual 80027-
Estimate* 80028-XXXXXXXXXX
8. Total General Appropriations & Other Taxes 80024-01
9. Less: Total Anticipated Revenues from 2012 in Municipal Budget (Item 5) 80024-02
10. Cash Required from 2012 Taxes to Support Local Municipal Budget and Other Taxes 80024-03
11. Amount of item 10 Divided by % [820034-04]
Equals Amount to be Raised by Taxation (Percentage used must not exceed the applicable percentage shown by Item 13, Sheet 22) 80024-05
Analysis of Item 11:
Local District School Tax* Must not be stated in an amount less than "actual" Tax of year 2010.
(Amount Shown on Line 2 Above)
Regional School District Tax** May not be stated in an amount less than proposed budget submitted by the Local Board of Education to the Commissioner of Education on January 15, 2011 (Chap. 136, P.L. 1978). Consideration must be given to calendar year calculation.
(Amount Shown on Line 3 Above)
Regional High School Tax
(Amount Shown on Line 4 Above)
County Tax
(Amount Shown on Line 5 Above)
Special District Tax
(Amount Shown on Line 6 Above)
Municipal Open Space Tax
(Amount Shown on Line 7 Above)
TO BE SUBMITTED WITH
Tax in Local Municipal Budget2012 STATE BUDGET
Total Amount (see Line 11)
12. Appropriation: Reserve for Uncollected Taxes (Budget Statement, Item 8 (M) (Item 11, Less Item 10) 80024-06
Computation of "Tax in Local Municipal Budget"
Item 1 - Total General Appropriations
Item 12 - Appropriation: Reserve for Uncollected Taxes
Sub-Total
Less: Item 9 - Total Anticipated Revenues
Amount to be Raised by Taxation in Municipal Budget 80024-07
===== PAGE 39 ===== # ACCELERATED TAX SALE - CHAPTER 99 Calculation To Utilize Proceeds In Current Budget As Deduction To Reserve For Uncollected Taxes Appropriation Note: This sheet should be completed only if you are conducting an accelerated tax sale for the first time in the current year. A. Reserve for Uncollected Taxes (sheet 25, Item 12) ____B. Reserve for Uncollected Taxes Exclusion Outstanding Balance of Delinquent Taxes (sheet 26, Item 14A) x % of Collection (Item 16) C. TIMES: % of increase of Amount to be Raised by Taxes over Prior Year ___ % [(2012 Estimated Total Levy - 2011 Total Levy)/2011 Total Levy] D. Reserve for Uncollected Taxes Exclusion Amount___ D. Reserve for Uncollected Taxes Exclusion Amount [(B x C) + B] N A E. Net Reserve for Uncollected Taxes Appropriation in Current Budget (A - D)
Image
$ $ ___ 2012 Reserve for Uncollected Taxes Appropriation Calculation (Actual) 1. Subtotal General Appropriations (item8(L) budget sheet 29) 2. Taxes not Included in the budget (AFS 25, items 2 thru 7) Total 3. Less: Anticipated Revenues (item 5, budget sheet 11) 4. Cash Required 5. Total Required at _____% (items 4+6) 6. Reserve for Uncollected Taxes (item E above) $ $ $ $ < div style = "text-align: center;" > < img src = "imgs/imginimagebox1749265623124016.jpg" alt = "Image" width = "21%" / > < /div > $ ___ ===== PAGE 40 ===== 16. Percentage of Cash Collections to Adjusted Amount Outstanding (Item No. 10 divided by Item No. 9) is 45.55% 17. Item No. 14 multiplied by percentage shown above is $1,645,256.00 and represents the maximum amount that may be anticipated in 2012. 83125-00 (See Note A on Sheet 22 - Current Taxes) (1) These amounts will always be the same. ## SCHEDULE OF DELINQUENT TAXES AND TAX TITLE LIENS
DebitCredit
1. Balance January 1, 20113,408,478.01XXXXXXXXXX
A. Taxes83102-001,959,150.29XXXXXXXXXXXXXXXXXXXX
B. Tax Title Liens83103-001,449,327.72XXXXXXXXXXXXXXXXXXXX
2. Canceled:XXXXXXXXXXXXXXXXXXXX
A. Taxes83105-00XXXXXXXXXX647,001.63
B. Tax Title Liens83106-00XXXXXXXXXX37.77
3. Transferred to Foreclosed Tax Title Liens:XXXXXXXXXXXXXXXXXXXX
A. Taxes83108-00XXXXXXXXXX
B. Tax Title Liens83109-00XXXXXXXXXX
4. Added Taxes83110-006,702.74XXXXXXXXXX
5. Added Tax Title Liens83111-002,843.56XXXXXXXXXX
6. Adjustment between Taxes (Other than current year) and Tax Title Liens:XXXXXXXXXXXXXXXXXXXX
A. Taxes - Transfers to Tax Title Liens83104-00XXXXXXXXXX(1) 12,804.51
B. Tax Title Liens - Transfers from Taxes83107-00(1) 12,804.51XXXXXXXXXX
7. Balance Before Cash PaymentsXXXXXXXXXX2,770,984.91
8. Totals3,430,828.823,430,828.82
9. Balance Brought Down2,770,984.91XXXXXXXXXX
10. Collected:XXXXXXXXXX1,262,234.02
A. Taxes83116-001,230,266.96XXXXXXXXXXXXXXXXXXXX
B. Tax Title Liens83117-0031,967.06XXXXXXXXXXXXXXXXXXXX
11. Interest and Costs - 2011 Tax Sale83118-002,855.54XXXXXXXXXX
12. 2011 Taxes Transferred to Liens83119-00177,676.92XXXXXXXXXX
13. 2011 Taxes83123-001,922,550.49XXXXXXXXXX
14. Balance December 31, 2011XXXXXXXXXX3,611,833.84
A. Taxes83121-001,998,330.42XXXXXXXXXXXXXXXXXXXX
B. Tax Title Liens83122-001,613,503.42XXXXXXXXXXXXXXXXXXXX
15. Totals4,874,067.864,874,067.86
===== PAGE 41 =====
SCHEDULE OF FORECLOSED PROPERTY (PROPERTY ACQUIRED BY TAX TITLE LIEN LIQUIDATION)
DebitCredit
1. Balance January 1, 201184101-006,438,900.00XXXXXXXXXX
2. Foreclosed or Deeded in 2011XXXXXXXXXXXXXXXXXXXX
3. Tax Title Liens84103-00XXXXXXXXXX
4. Taxes Receivable84104-00XXXXXXXXXX
5A.84102-00XXXXXXXXXX
5B.84105-00XXXXXXXXXX
6. Adjustment to Assessed Valuation84106-00XXXXXXXXXX
7. Adjustment to Assessed Valuation84107-00XXXXXXXXXX
8. SalesXXXXXXXXXXXXXXXXXXXX
9. Cash*84109-00XXXXXXXXXX0
10. Contract84110-00XXXXXXXXXX
11. Mortgage84111-00XXXXXXXXXX
12. Loss on Sales84112-00XXXXXXXXXX
13. Gain on Sales84113-000XXXXXXXXXX
14. Balance December 31, 201184114-00XXXXXXXXXX6,438,900.00
6,438,900.006,438,900.00
CONTRACT SALES
DebitCredit
15. Balance January 1, 2011 84115-00XXXXXXXXXX
16. 2011 Sales from Foreclosed Property 84116-00XXXXXXXXXX
17. Collected * 84117-00XXXXXXXX XX
18. 84118-00XXXXXXXX XX
19. Balance December 31, 2011 84119-00XXXXXXXX XX
DebitCredit
20. Balance January 1, 2011 84120-00XXXXXXXXXX
21. 2011 Sales from Foreclosed Property 84121-00XXXXXXXXXX
22. Collected * 84122-00XXXXXXXX XX
23. 84123-00XXXXXXXX XX
24. Balance December 31, 2011 84124-00XXXXXXXX XX
Analysis of Sale of Property: 0.00\n* Total Cash Collected in 2011 (84125-00)
Realized in 2011 Budget -0.00
To Results of Operation (Sheet 19) 0.00
===== PAGE 42 ===== # DEFERRED CHARGES - MANDATORY CHARGES ONLY CURRENT, TRUST, AND GENERAL CAPITAL FUNDS (Do not include the emergency authorizations pursuant to N.J.S. 40A:4-55, N.J.S. 40A:4-55.1 or N.J.S. 40A:4-55.13 listed on Sheets 29 and 30.)
Caused ByAmount\nDec. 31, 2010 per Audit ReportAmount in 2011 BudgetAmount Resulting from 2011Balance as at Dec. 31, 2011
1. Emergency Authorization - Municipal*<fcel><fcel><fcel><nl>
2. Emergency Authorizations - Schools<fcel><fcel><fcel><nl>
3.<fcel><fcel><fcel><nl>
4.<fcel><fcel><fcel><nl>
5.<fcel><fcel><fcel><nl>
6.<fcel><fcel><fcel><nl>
7.<fcel><fcel><fcel><nl>
8.<fcel><fcel><fcel><nl>
9.<fcel><fcel><fcel><nl>
10.<fcel><fcel><fcel><nl>
*Do not include items funded or refunded as listed below. EMERGENCY AUTHORIZATIONS UNDER N.J.S. 40A:4-47 WHICH HAVE BEEN FUNDED OR REFUNDED UNDER N.J.S. 40A:2-3 OR N.J.S. 40A:2-51
DatePurposeAmount
1.$
2.$
3.$
4.$
5.$
## JUDGEMENTS ENTERED AGAINST MUNICIPALITY AND NOT SATISFIED
In Favor ofOn Account ofDate EnteredAmountAppropriated for in Budget of Year 2012
1.$
2.$
3.$
4.$
$ ___ ___ ===== PAGE 43 =====
N.J.S. 40A:4-53 SPECIAL EMERGENCY - TAX MAP; REVALUATION; MASTER PLAN; REVISION AND CODIFICATION OF ORDINANCES; DRAINAGE MAPS FOR FLOOD CONTROL; PRELIMINARY ENGINEERING STUDIES, ETC. FOR SANITARY SEWER SYSTEM; MUNICIPAL CONSOLIDATION ACT; FLOOD OR HURRICANE DAMAGE.
DatePurposeAmount AuthorizedNot Less Than 1/5 of Amount Authorized*Balance Dec. 31, 2010REDUCED IN 2011Balance Dec. 31, 2011
By 2011 BudgetCanceled by Resolution
2007Master Plan250,000.0050,000.00100,000.0050,000.0050,000.00
2011Codification of Ordinances ORD 31-1120,130.004,026.000.0020,130.00
80025-00 80026700 It is hereby certified that all outstanding "Special Emergency" appropriations have been adopted by the governing body in full compliance with N.J.S. 40A:4-53 et seq. and are recorded on this page Ace with N.J.S. 40A:4-53 et seq. and Chief Financial Officer* Not less than one-fifth (1/5) of amount authorized but not more than the amount shown in the column "Balance Dec. 31, 2011" must be entered here and then raised in the 2012 budget. ===== PAGE 44 =====
N.J.S. 40A:4-55.1, ET SEQ., SPECIAL EMERGENCY - DAMAGE CAUSED TO ROADS OR BRIDGES BY SNOW, ICE, FROST OR FLOOD N.J.S. 40A:4-55.13, ET SEQ., SPECIAL EMERGENCY - PUBLIC EXIGENCIES CAUSED BY CIVIL DISTURBANCES
DatePurposeAmount AuthorizedNot Less Than 1/5 of Amount Authorized*Balance Dec. 31, 2010REDUCED IN 2011Balance Dec. 31, 2011
By 2011 BudgetCanceled by Resolution
It is hereby certified that all outstanding "Special Emergency" appropriations have been adopted by the governing body in full compliance with N.J.S. 40A:4-55.1 et seq. and N.J.S.A. 40A:4-55.13 et seq. are recorded on this page Chief Financial Officer* Not less than one-third (1/3) of amount authorized but not more than the amount shown in the column "Balance Dec. 31, 2011" must be entered here and then raised in the 2012 budget. ===== PAGE 45 ===== # SCHEDULE OF BONDS ISSUED AND OUTSTANDING AND 2012 DEBT SERVICE FOR BONDS (COUNTY) (MUNICIPAL) GENERAL CAPITAL BONDS
DebitCredit2012 Debt Service
Outstanding January 1, 2011 80033-01XXXXXXXXXX32,490,000.003,323,000.00
Issued 80033-02XXXXXXXXXX0.00
Paid 80033-033,290,000.00XXXXXXXXXX
Outstanding December 31, 2011 80033-0429,200,000.00XXXXXXXXXX
32,490,000.0032,490,000.00
2012 Bond Maturities - General Capital Bonds 80033-05
2012 Interest on Bonds* 80033-061,113,007.53
ASSESSMENT SERIAL BONDS
Outstanding January 1, 2011 80033-07XXXXXXXXXX
Issued 80033-08XXXXXXXXXX
Paid 80033-09XXXXXXXXXX
Outstanding December 31, 2011 80033-10XXXXXXXXXX
2012 Bond Maturities - Assessment Bonds 80033-11
2012 Interest on Bonds* 80033-12
Total "Interest on Bonds - Debt Service" (*Items) 80033-131,113,007.53
LIST OF BONDS ISSUED DURING 2011
Purpose2012 MaturityAmount IssuedDate of IssueInterest Rate
Total80033-1480033-15
===== PAGE 46 =====
SCHEDULE OF LOANS ISSUED AND OUTSTANDING AND 2012 DEBT SERVICE FOR LOANS (COUNTY) (MUNICIPAL) ___ LOAN
DebitCredit2012 Debt Service
Outstanding January 1, 2011 80033-01XXXXXXXXXX
Issued 80033-02XXXXXXXXXX
Paid 80033-03XXXXXXXXXX
Outstanding December 31, 2011 80033-04XXXXXXXXXX
2012 Loan Maturities 80033-05 $
2012 Interest on Loans 80033-06 $
Total 2012 Debt Service for Loan 80033-13 $
LOAN
Outstanding January 1, 2011 80033-07XXXXXXXXXX
Issued 80033-08XXXXXXXXXX
Paid 80033-09XXXXXXXXXX
Outstanding December 31, 2011 80033-10XXXXXXXXXX
2012 Loan Maturities 80033-11 $
2012 Interest on Loans 80033-12 $
Total 2012 Debt Service for Loan 80033-13 $
Image
LIST OF LOANS ISSUED DURING 2011
Purpose2012 MaturityAmount IssuedDate of IssueInterest Rate
Total
===== PAGE 47 ===== # SCHEDULE OF BONDS ISSUED AND OUTSTANDING AND 2012 DEBT SERVICE FOR BONDS
TYPE I SCHOOL TERM BONDS
Image
LIST OF BONDS ISSUED DURING 2011
Purpose2012 Maturity -01Amount Issued -02Date of IssueInterest Rate
Total 80035-
2012 INTEREST REQUIREMENT - CURRENT FUND DEBT ONLY
Outstanding Dec. 31, 20112012 Interest Requirement
1. Emergency Notes$$
2. Special Emergency Notes80037-$
3. Tax Anticipation Notes80038-$ 11,100,000
4. Interest on Unpaid State and County Taxes80039-$
5.$
6.$
===== PAGE 48 =====
DEBT SERVICE FOR NOTES (OTHER THAN ASSESSMENT NOTES)
Image
Memo: Designate all "Capital Notes" issued under N.J.S. 40A:2-8(b) with "C". Such notes must be retired at the rate of 20% of the original amount issued annually. Memo: Type I School Notes should be separately listed and totaled. Memo: Refunding Bond Anticipation Notes Notes should be separately listed and totaled.* " Original Date of Issue" refers to the date when the first money was borrowed for a particular improvement, not the renewal date of subsequent notes which were issued. All notes with an original date of issue of 2008 or prior require one legally payable installment to be budgeted if it is contemplated that such notes will be renewed in 2012 or written intent of permanent financing submitted with statement.** If interest on notes is financed by ordinance, designate same, otherwise an amount must be included in this column. ===== PAGE 49 =====
DEBT SERVICE SCHEDULE FOR ASSESSMENT NOTES
Image
MEMO: *See Sheet 33 for clarification of "Original Date of Issue" Assessment Notes with an original date of issue of December 31, 2009 or prior must be appropriated in full in the 2012 Dedicated Assessment Budget or written intent of permanent financing submitted with statement.**Interest on Assessment Notes must be included in the Current Fund Budget appropriation "Interest on Notes". ===== PAGE 50 ===== ## SCHEDULE OF CAPITAL LEASE PROGRAM OBLIGATIONS
PurposeAmount of Obligation Outstanding Dec. 31, 20112012 Budget Requirement
For PrincipalFor Interest/Fees
1
2
3
4
5
6
7
8
9
10
11
12
13
Total
===== PAGE 51 ===== ## SCHEDULE OF IMPROVEMENT AUTHORIZATIONS (GENERAL CAPITAL FUND)
IMPROVEMENTS Specify each authorization by purpose. Do not merely designate by a code number.Balance - January 1, 20112011 AuthorizationsPrior Year Reserve for EncumbrancesExpendedCurrent Year Reserve for EncumbrancesAuthorizations Canceled TransferredBalance - December 31, 2011
FundedUnfundedAuthorizationsFundedExpenditureAuthorizationsUnfundedFundedAuthorizationsFundedAuthorizationsFundedAuthorizations
10-06-1 CONSTRUCTION OF PW STORAGE BLDG2,619.850.000.0029,526.500.0029,526.502,619.850.002,619.850.0029,526.500.0029,526.50
09-07-01 MUN PARK FAC. (REC FIELDS)222,778.410.000.000.0012,554.440.004,061.00100,000.00131,271.850.00131,271.850.00131,271.850.00
09-07-02 VAR ROAD IMPROVEMENTS-E/W BRD, ETC.19,250.380.000.000.0019,250.380.00107,828.631,763.690.001,763.690.00107,828.630.00107,828.63
09-07-03 CONSTRUCTION OF PW STORAGE BLDG1,754.980.000.000.00115,854.998,017.65103,033.12125,998.030.00125,998.030.00125,998.030.00125,998.03
09-07-04,28-07A ACQ SECURITY/TELECOMM,GPS125,998.030.000.000.000.000.00193,033.12209,047.410.00209,047.410.00193,033.120.00193,033.12
09-07-06 IMPROV-LIBRARY/MUN FAC605,592.410.000.000.004,922.008,433.880.001,667.970.000.001,667.970.001,667.970.001,667.97
17-07 ACQ-PROP COAH-SOLAR AVE./DEV OF AHP18,127.770.000.000.001,094.9517,554.750.000.000.000.000.000.000.000.000.00
29-08 VARIOUS ROADWAY IMPROVEMENTS114,103.430.000.000.000.00104,934.259,169.180.000.000.000.000.000.000.00
29-08 TELEPHONE/DATA SYSTEM UPGRADE266,341.580.000.000.000.000.000.00266,341.580.00266,341.580.000.000.000.00
29-08 CAPITAL EQUIPMENT FOR DPW133,772.500.000.000.000.0086,772.5047,000.000.000.000.000.000.000.000.00
29-08 HYDRAULIC SYSTEM TRANSFER STATION331,692.600.000.000.000.000.000.00331,692.600.00331,692.600.000.000.000.00
13-03 IMPROVEMENTS TO RECREATIONAL FACILITIES9,661.920.000.000.004,939.360.004,939.369,661.920.009,661.920.000.000.000.00
27-04-2 VARIOUS JUSTICE COMPLEX IMPROVEMENTS80,431.710.000.000.0095,655.604,560.4881,251.7090,275.130.0090,275.130.000.000.000.00
0.000.00
Place an * before each item of "Improvement" which represents a funding or refunding of an emergency authorization ===== PAGE 52 =====
SCHEDULE OF IMPROVEMENT AUTHORIZATIONS (GENERAL CAPITAL FUND)
IMPROVEMENTS Specify each authorization by purpose. Do not merely designate by a code number.Balance - January 1, 20112011 AuthorizationsPrior Year Reserve for EncumbrancesExpendedCurrent Year Reserve for EncumbrancesAuthorizations Canceled TransferredBalance - December 31, 2011
FundedUnfundedAuthorizationsFundedUnfunded
19-09 20-10 ROADWAY IMPROVEMENTS0.00293,404.630.00898,398.15833,335.30357,997.530.00469.95
19-09 20-10 PUBLIC WATER SERVICE INSTALLATION0.0083,614.280.000.000.0083,614.28
19-09 20-10 OFFICE EQUIPMENT0.0042,384.280.000.000.0042,384.28
19-09 20-10 IMPLEMENT TWP RECYCLING CENTER1,634.2933,250.000.000.001,634.2933,250.00
19-09 20-10 POLICE DEPARTMENT EQUIPMENT0.0054,224.290.000.000.0054,224.29
19-09 20-10 PUBLIC WORKS EQUIPMENT14,350.00128,880.290.0074,033.0028,544.000.0040,653.29
19-09 20-10 SENIOR CENTER PASSENGER BUS3,134.2961,750.000.0057,448.000.007,436.29
143R-10 BREWERS BRIDGE/OC SHARED SVC AGREEMENT215,135.000.000.000.00215,135.000.00
25-10 ROAD & DRAINAGE IMPROVEMENTS864,270.870.000.00597,962.66156,524.31109,783.900.00
25-10 MUNICIPAL CAPITAL IMPROVEMENTS10,461.37199,500.000.000.0010,461.37199,500.00
25-10 TOWNSHIP RECYCLING CENTER1,494.4828,500.000.000.001,494.4828,500.00
25-10 TECHNOLOGY UPGRADES2,570.5149,010.000.000.002,570.5149,010.00
25-10 POLICE DEPT EQUIPMENT17,983.59342,950.000.000.0035,230.000.00325,703.59
25-10 DPW EQUIPMENT78,753.181,501,841.000.0024,416.00138,981.500.001,417,196.68
DOT MUNICIPAL AID 2011 - PATTERSON ROAD250,000.000.00250,000.000.00
40-11 STORM WATER BASIN0.000.001,332,313.000.000.001,332,313.00
Total 70000-3,141,913.152,819,308.771,582,313.001,162,945.991,836,718.851,194,086.83300,000.001,761,419.583,614,255.65
Place an * before each item of "Improvement" which represents a funding or refunding of an emergency authorization ===== PAGE 53 ===== ## GENERAL CAPITAL FUND ## SCHEDULE OF CAPITAL IMPROVEMENT FUND
DebitCredit
Balance January 1, 201180031-01XXXXXXXXXX60,537.88
Received from 2011 Budget Appropriation*80031-02XXXXXXXXXX50,000.00
XXXXXXXXXX
Improvement Authorizations Canceled (financed in whole by the Capital Improvement Fund)80031-03XXXXXXXXXX
List by Improvements - Direct Charges Made for Preliminary Costs:XXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXX
XXXXXXXXXXXX
XXXXXXXXXXXX
XXXXXXXXXXXX
XXXXXXXXXXXX
XXXXXXXXXXXX
XXXXXXXXXXXX
XXXXXXXXXXXX
XXXXXXXXXXXX
XXXXXXXXXXXX
XXXXXXXXXXXX
XXXXXXXXXXXX
XXXXXXXXXXXX
XXXXXXXXXXXX
XXXXXXXXXXXX
Appropriated to Finance Improvement Authorizations80031-040.00XXXXXXXXXX
XXXXXXXXXX
Balance December 31, 201180031-05110,537.88XXXXXXXXXX
110,537.88110,537.88
* The full amount of the 2011 budget appropriation should be transferred to this account unless the balance of the appropriation is to be permitted to lapse. ===== PAGE 54 ===== ## GENERAL CAPITAL FUND ## SCHEDULE OF DOWN PAYMENTS ON IMPROVEMENTS
DebitCredit
Balance January 1, 201180030-01XXXXXXXXXX
Received from 2011 Budget Appropriation*80030-02XXXXXXXXXX
Received from 2011 Emergency Appropriation*80030-03XXXXXXXXXX
Appropriated to Finance Improvement Authorizations80030-04XXXXXXXXXX
Balance December 31, 201180030-05XXXXXXXXXX
*The full amount of the 2011 appropriation should be transferred to this account unless the balance of the appropriation is permitted to lapse. ##### CAPITAL IMPROVEMENTS AUTHORIZED IN 2011 AND DOWN PAYMENTS (N.J.S. 40A:2-11) ## GENERAL CAPITAL FUND ONLY
PurposeAmount AppropriatedTotal Obligations AuthorizedDown Payment Provided by OrdinanceAmount of Down Payment in Budget of 2011 or Prior Years
State/Municipal Aid 403R-10250,000.00--
Storm Water Basin Improvement Barnegat Bay Initiative 40-111,332,313.001,332,313.00--
Total 80032-001,582,313.001,332,313.00--
NOTE - Where amount in column "Down Payment Provided by Ordinance" is LESS than 5% of amount in column "Total Obligations Authorized", explanation must be made part of or attached to this sheet. ===== PAGE 55 ===== ## GENERAL CAPITAL FUND ## STATEMENT OF CAPITAL SURPLUS YEAR - 2011
DebitCredit
Balance January 1, 2011 80029-01XXXXXXXXXXXX160,098.95
Premium on Sale of BondsXXXXXXXXXXXX
Funded Improvement Authorizations CanceledXXXXXXXXXXXX300,000.00
Appropriated to Finance Improvement Authorizations 80029-02XXXXXXXXXXXX
Appropriated to 2011 Budget Revenue 80029-03100,000.00XXXXXXXXXXXX
Balance December 31, 2011 80029-04360,098.95XXXXXXXXXXXX
460,098.95460,098.95
## BONDS ISSUED WITH A COVENANT OR COVENANTS 1. Amount of Serial Bonds Issued Under Provisions of Chapter 233, P.L. 1944, Chapter 268, P.L. 1944, Chapter 428, P.L. 1943 or Chapter 77, Article VI-A, P.L. 1945, with Covenant or Covenants; Outstanding December 31, 2011 2. Amount of Cash in Special Trust Fund as of December 31, 2011 (Note A) ____3. Amount of Bonds Issued Under Item 1 Maturing in 2012___ 4. Amount of Interest on Bonds with a Covenant - 2012 Requirement __5. Total of 3 and 4 - Gross Appropriation ___ 6. Less Amount of Special Trust Fund to be Used ____7. Net Appropriation Required ___ NOTE A - This amount to be supported by confirmation from bank or banks Footnote: Any formula other than the one shown above and required to be used by covenant or covenants is to be attached hereto Item 5 must be shown as an item of appropriation, short extended, with Item 6 shown directly following as a deduction and with the amount of Item 7 extended into the 2011 appropriation column. ===== PAGE 56 ===== # MUNICIPALITIES ONLY IMPORTANT ######## This Sheet Must Be Completely Filled in or the Statement Will Be Considered Incomplete (N.J.S.A.52:27BB-55 as Amended by Chap. 211, P.L 1981) A. 1. Total Tax Levy for the Year 2011 was 137,185,249.78 2. Amount of Item 1 Collected in 2011 (*) 134,754,435.62 3. Seventy (70) percent of Item 1 96,029,674.85 (*) Including prepayments and overpayments applied. B. 1. Did any maturities of bonded obligations or notes fall due during the year 2011? Answer YES or NO NO 2. Have payments been made for all bonded obligations or notes due on or before December 31, 2011? Answer YES or NO: YES If answer is "NO" give details NOTE: If answer to Item B1 is YES, then Item B2 must be answered C. Does the appropriation required to be included in the 2012 budget for the liquidation of all bonded obligations or notes exceed 25% of the total of appropriations for operating purposes in the budget for the year just ended? Answer YES or NO: _____ D. 1. Cash Deficit 2010 __2. 4% of 2010 Tax Levy for all purposes: Levy --___ = __0.00 _____ 3. Cash Deficit 2011 4. 4% of 2011 Tax Levy for all purposes: Levy -- _____ = 0.00 E. Unpaid 2010 2011 Total 1. State Taxes _____ 0.00 2. County Taxes___ 99,286.97 99,286.97 3. Amounts due Special Districts __________ ____0.00 4. Amounts due School Districts for Local School Tax_____ __________ 0.00