TOWNSHIP OF JACKSON
CURRENT FUND
STATEMENTS OF ASSETS, LIABILITIES, RESERVES
AND FUND BALANCE - REGULATORY BASIS
DECEMBER 31, 2019 AND 2018
REFERENCE 2019 2018
LIABILITIES RESERVES & FUND BALANCE
| Regular Fund: | | | |
|---|
| Liabilities: | | | |
|---|
| Appropriation Reserves | A-3,A-10 | $ 2,842,162.37 | $ 2,187,619.08 |
|---|
| Reserves for Encumbrances | A-12 | 1,289,928.20 | 1,383,951.00 |
|---|
| Accounts Payable | A-11 | 496,116.77 | 462,709.36 |
|---|
| Prepaid Taxes | A-13 | 804,260.61 | 811,065.83 |
|---|
| Tax Overpayments | A-14 | 36,308.09 | 31,100.33 |
|---|
| County Taxes Payable | A-15 | 203,529.85 | 69,159.46 |
|---|
| Due State of New Jersey - Construction Fees | A-18 | 9,782.00 | 18,327.00 |
|---|
| Due State of New Jersey - Marriage License Fees | A-19 | 1,675.00 | 1,700.00 |
|---|
| Reserve for Revaluation Program | A-20 | 5,743.40 | 5,743.40 |
|---|
| Reserve for Garden State Trust Fund | A-22 | 0.95 | 0.95 |
|---|
| Reserve for State Board of Taxation Appeals | A-23 | 313,782.95 | 313,782.95 |
|---|
| Reserve for Master Plan | A-24 | 4,384.98 | 23,106.23 |
|---|
| Reserve Other | A-25 | 2,117.88 | 2,117.88 |
|---|
| Reserve for COAH State Plan | A-26 | 915,250.00 | 915,250.00 |
|---|
| Reserve for FEMA Reimbursements | A-27 | 56,727.20 | 56,727.20 |
|---|
| Reserve for Police Cars | A-28 | 160,869.52 | 98,183.77 |
|---|
| Reserve for Skate Park | A | 2,118.00 | 2,118.00 |
|---|
| Interfund Payable | A-29 | 173,726.67 | 1,084,530.02 |
|---|
| Total Liabilities | | 7,318,484.44 | 7,467,192.46 |
|---|
| Reserve for Receivables & Other Assets | A | 11,792,209.38 | 11,512,545.99 |
|---|
| Fund Balance | A-1 | 13,383,343.88 | 11,451,712.79 |
|---|
| Total Regular Funds | | 32,494,037.70 | 30,431,451.24 |
|---|
| Federal & State Grants: | | | |
|---|
| Appropriated Reserves | A-32 | 786,513.44 | 568,988.66 |
|---|
| Unappropriated Reserves | A-33 | 21,970.83 | 17,481.58 |
|---|
| Reserves for Encumbrances | A-34 | 26,015.83 | 752,837.38 |
|---|
| Total State & Federal Grants | | 834,500.10 | 1,339,307.62 |
|---|
| Total Liabilities, Reserves & Fund Balance | | $ 33,328,537.80 | $ 31,770,758.86 |
|---|
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