EXHIBIT B-1
TOWNSHIP OF JACKSON OPEN SPACE TRUST FUND STATEMENTS OF OPERATIONS AND CHANGES IN FUND BALANCE FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018
20192018
Revenue & Other Income Realized:
Amount to be Raised by Taxation$ 1,357,923.75$ 1,352,343.81
Added & Omitted Levy8,821.123,060.74
Miscellaneous Revenue Not Anticipated107,802.8331,541.12
Total Revenue & Other Income Realized1,474,547.701,386,945.67
Expenditures:
Development of Lands for Recreation & ConservationB-3100,000.00
Debt ServiceB-3326,300.00
Reserve for Future UseB-3520,771.72
Total Expenditures947,071.72762,730.59
Statutory Excess to Fund Balance527,475.98624,215.08
Fund Balance January 1B4,797,099.11
Balance December 31B$ 5,324,575.09
The Accompanying Notes to the Financial Statements are an integral part of this Statement.
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