===== PAGE 1 ===== # ANNUAL FINANCIAL STATEMENT FOR THE YEAR 2014 (UNAUDITED) POPULATION LAST CENSUS 54,856 NET VALUATION TAXABLE 2014 6,647,971,808 MUNICODE 1511 FIVE DOLLARS PER DAY PENALTY IF NOT FILED BY: COUNTIES - JANUARY 26, 2015 MUNICIPALITIES - FEBRUARY 10, 2015 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:
☐Preliminary Check
☐Examined ☐
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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 theTownshipof
Jackson , County ofOceanand that the
statements annexed hereto and made a part hereof are true statements of the financial condition of the Local Unit as at December 31, 2014, 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, 2014.
SignatureChief Financial Officer
Title95 West Veterans Highway, Jackson, NJ 08527
Address(732) 928-1200
Phone Number(732) 928-6109
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 ===== # NOT APPLICABLE ## 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, 20 ___ 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
(Registered Municipal Accountant)
(Firm Name)
(Address)
(Address)
(Phone Number)
Certified by me(Email)
This ___ day of ___ , 2015
(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 2014 as required under N.J.A.C. 5:23-4.17. Printed Name: Barry G. Olejarz Signature: ___ Certificate #: 002816 Date: ___ 2/3/15 ===== 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 2015. 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: Signature: Certificate #: Township of Jackson Sharon Pinkava
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Date: N-0725 2/4/15 ## 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 =====
21-6004702
Fed I.D. #
Township of Jackson
Municipality
Ocean
County
# Report of Federal and State Financial Assistance Expenditures of Awards ～
Fiscal Year Ending:12/31/2014
(1)(2)(3)
Federal Programs ExpendedState Programs ExpendedOther Federal Programs Expended
(administered by the State)
TOTAL $450$ 1,015,360$ 18,920
Type of Audit required by OMB A-133 and OMB 04-04: X Single Audit Program Specific Audit 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 to $500,000 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 〣 ===== 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 document. ## 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 2014 and that sheets 40 to 68 are unnecessary. 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, 2014 Certification is hereby made that the Net Valuation Taxable of property liable to taxation for the tax year 2015 and filed with the County Board of Taxation on January 10, 2015 in accordance with the requirement of N.J.S.A. 54:4-35, was in the amount of 6,669,174,480 .
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SIGNATURE OF TAX ASSESSOR Jackson MUNICIPALITY Ocean COUNTY Sheet 2 ===== PAGE 7 ===== # NOTE THAT A TRIAL BALANCE IS REQUIRED AND NOT A BALANCE SHEET POST CLOSING TRIAL BALANCE - CURRENT FUND AS AT DECEMBER 31, 2014 ## AS AT DECEMBER 31, 2014 Cash Liabilities Must be Subtotaled and Subtotal Must be Marked With "C" - Taxes Receivable Must Be Subtotaled
Title of AccountDebitCredit
Cash and Cash Equivalents10,666,638.61
Due from NJ - Ch. 128, P.L. 197611,697.14
Subtotal10,678,335.75
Taxes Receivable1,909,408.08
Tax Title Liens2,335,042.14
Property Acquired for Taxes6,306,200.00
Revenue Accounts Receivable20,800.90
Interfunds:
Trust-Other226.87
Subtotal10,571,677.99
Deferred Charges:
Special Emergency Authorizations910,764.63
Overexpenditure of Appropriation Reserves0.00
Appropriation Reserves1,528,256.51C
Reserve for Encumbrances1,219,991.11C
Tax Overpayments36,475.84C
Prepaid Taxes557,812.01C
Interfund-Grant Fund443,317.04C
Interfund-Other4,371.27C
Due to State of New Jersey:
Other Fees25,292.00C
County Taxes Payable102,835.15C
Accounts Payable298,210.49C
Reserve for Master Plan25,223.23C
Reserve for Police Cars118,077.50C
Reserve for Revaluation5,743.40C
Reserve for Tax Appeals313,782.95C
Reserve for Skate Park2,118.00C
Reserve for Garden State Trust Fund0.95C
Reserve-2012 COAH State Plan915,250.00C
Reserve-FEMA Reimbursements991,543.34C
Subtotal6,588,300.79
(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, 2014 Cash Liabilities Must be Subtotaled and Subtotal Must be Marked With "C" - Taxes Receivable Must Be Subtotal
Title of AccountDebitCredit
Reserve-Hurricane Sandy53,663.16C
Reserve-13 SCIBAL Reimb-Hurricane Sandy-DPW25,234.86C
Reserve-13 SCIBAL Reimb-Hurricane Sandy-Police30,249.00C
Reserve-Other2,117.88C
Subtotal - Cash Liabilities6,699,565.69
Note Payable902,712.63
Reserve for Receivables10,571,677.99
Fund Balance3,986,822.06
22,160,778.3722,160,778.37
===== PAGE 9 =====
POST CLOSING TRIAL BALANCE - PUBLIC ASSISTANCE FUND Accounts #1 and #2* AS AT DECEMBER 31, 2014
Title of AccountDebitCredit
Public Assistance Trust Fund 1
Cash27,268.19
Reserve for Public Assistance27,268.19
27,268.1927,268.19
(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, 2014
Title of AccountDebitCredit
Grants Receivable575,823.91
Interfund-Current443,317.04
Reserve for Encumbrances103,532.61
Appropriated Reserve795,817.24
Unappropriated Reserves119,791.10
1,019,140.951,019,140.95
(Do not crowd - add additional sheets) ===== PAGE 11 ===== ## POST CLOSING TRIAL BALANCE - TRUST FUNDS (Assessment Section Must be Separately Stated) AS AT DECEMBER 31, 2014
Title of AccountDebitCredit
Trust - Other Funds
Cash12,847,582.93
Due from County of Ocean-CDBG248,591.06
Interfund-Current Fund4,144.40
Various Reserves13,100,318.39
13,100,318.3913,100,318.39
Dog Trust Fund
Cash101,721.85
Due State of New Jersey12.00
Reserve for Dog Fund Expenditures101,709.85
101,721.85101,721.85
(Do not crowd - add additional sheets) Sheet 6 ===== PAGE 12 ===== # MUNICIPAL PUBLIC DEFENDER CERTIFICATION Public Law 1998, C. 256 Municipal Public Defender Expended Prior Year 2013: ..... (1) (28,800)/x 25% (2) (7,200)/x Municipal Public Defender Trust Cash Balance December 31, 2014: ..... (3) ____28,778 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: 24/6/15 ===== PAGE 13 ===== ## Schedule of Trust Fund Reserves
PurposeAmount\nDec. 31, 2013\nper Audit\nReportReceiptsDisbursementsBalance\nas at\nDec. 31, 2014
1.Special Law Enforcement Fund49,768.7156,468.4925,204.31$ 81,032.89
2.Recycling Trust462,125.74144,800.56111,098.64495,827.66
3.Parking Offense Adjudication Act1,864.00186.000.002,050.00
4.CDBG162,360.61146,583.0067,758.08241,185.53
5.Unemployment Trust264,763.2022,942.5735,068.14252,637.63
6.Municipal Alliance1,144.27150.000.001,294.27
7.Sick Leave Trust256,794.43150,000.00142,704.82264,089.61
8.Harmony Trust474.000.000.00474.00
9.Public Defender Fees19,861.7636,116.0027,200.0028,777.76
10.Tree Escrow651,730.7410,765.0040,865.69621,630.05
11.Snow Removal300,348.91135,650.05216,645.23219,353.73
12.Developers Contrib SW/Curbs103,920.0038,260.0010,040.20132,139.80
13.Detention Basin860,073.34965.84356,256.84504,782.34
14.Youth Advisory71.870.000.0071.87
15.Management of Feral Cats47.440.000.0047.44
16.Clean Communities19,189.5017,375.0034,507.862,056.64
17.Recreation Trust214,745.21652,950.06633,108.90234,586.37
18.Handicapped Commission11,681.0517,122.9411,233.7617,570.23
19.Developer Escrow4,824,855.93575,979.241,232,334.994,168,500.18
20.Off Duty Police80,394.69672,611.50608,345.00144,661.19
21.Industrial Commission0.000.000.000.00
22.Municipal Open Space4,061,832.691,338,866.452,801,054.572,599,644.57
23.Reserve for COAH1,706,577.82176,296.36174,187.351,708,686.83
24.TTL/Premiums/Redemptions1,087,364.342,555,658.382,263,968.791,379,053.93
25.Section 125 Flexible Spending163.630.240.00163.87
26.
27.
28.
29.
30.
Totals:$ 15,142,153.886,749,747.688,791,583.17$ 13,100,318.39
===== PAGE 14 ===== ## NOT APPLICABLE ANALYSIS OF TRUST ASSESSMENT CASH AND INVESTMENTS PLEDGED TO LIABILITIES AND SURPLUS N/A
Title of Liability to which Cash and Investments are PledgedAudit Balance Dec. 31, 2013RECEIPTSDisbursementsBalance Dec. 31, 2014
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
Assessment Serial Bond Issues:
Assessment Bond Anticipation Note Issues:XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
//
Other Liabilities
Trust Surplus
Less Assets "Unfinanced"XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
===== PAGE 15 ===== # POST CLOSING TRIAL BALANCE - GENERAL CAPITAL FUND ## AS AT DECEMBER 31, 2014
Title of AccountDebitCredit
Est. Proceeds Bonds and Notes Authorized2,080,152.00XXXXXXXXXXX
Bonds and Notes Authorized but Not IssuedXXXXXXXXXXX2,080,152.00
Cash4,935,299.11
Investment on Bond Anticipation Note902,712.63
Deferred Charges:
Funded24,476,000.00
Unfunded3,971,730.00
Grants Receivable395.00
Interfund-Current0.00
Serial Bonds24,476,000.00
Bond Anticipation Notes1,891,241.00
Improvement Authorizations:
Funded1,984,724.69
Unfunded3,541,580.19
Reserve for Encumbrances356,675.95
Reserve-DOT Receivable
Reserve-Other, Debt Service-67,275.83
Reserve for Payment of Debt1,853,770.57
Reserve for Fire Damage10,589.48
Reserve for Bond Issuance Costs
Capital Improvement Fund29.88
Fund Balance104,249.15
36,366,288.7436,366,288.74
(Do not crowd - add additional sheets) ===== PAGE 16 =====
CASH RECONCILIATION DECEMBER 31, 2014
CashLess Checks OutstandingCash Book Balance
*On HandOn Deposit
Current815,067.279,860,999.309,427.9610,666,638.61
Trust - Assessment
Trust - Dog License328.50101,393.35101,721.85
Trust - Other25,727.3012,841,284.7619,429.1312,847,582.93
Capital - General3,870.004,931,429.114,935,299.11
Water - Operating
Water - Capital
Utility
Assessment Trust
Public Assistance**27,268.1927,268.19
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, 2014. 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, 2014. All "Certificates of Deposit", "Repurchase Agreements" and other investments must be reported as cash and included in this certification. (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: ___ Title: CFO ===== PAGE 17 ===== ### CASH RECONCILIATION DECEMBER 31, 2014 (cont'd. LIST BANKS AND AMOUNTS SUPPORTING "CASH ON DEPOSIT")
Current Fund
Ocean First Bank
Account Ending in 00139,858,658.78
Account Ending in 0750560.52
Account Ending in 44031,722.00
New Jersey Cash Management
Account Ending in 717158.00
9,860,999.30
Animal Trust Fund
Ocean First Bank
Account Ending in 0062101,393.35
Other Trust Fund
Ocean First Bank
Account Ending in 00542,593,794.38
Account Ending in 03022,599,644.57
Account Ending in 013820,157.23
Account Ending in 0047227,130.43
Account Ending in 00881,393,609.01
Account Ending in 15354,298,098.44
Account Ending in 2589442,386.15
Account Ending in 257150,118.11
Account Ending in 4247163.87
Account Ending in 44111,216,182.57
12,841,284.76
General Capital Fund
Ocean First Bank
Account Ending in 00214,259,439.15
Account Ending in 0768671,988.47
New Jersey Cash Management Fund
Account Ending in 21711.49
4,931,429.11
Public Assistance
Ocean First Bank
Account Ending in 007027,268.19
Total27,762,374.71
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, 20142014 Budget Revenue RealizedReceivedCancelledUnappropriated Reserves RealizedBalance Dec. 31, 2014
Pedestrian Safety Grant '1215,000.0015,000.000.00
Mun Alliance Alcohol&Drug '1320,905.6415,667.395,238.250.00
Handicap Recreational Opportunities Grant '1315,000.0015,000.000.00
OC Cultural & Heritage Comm '13300.00300.000.00
Safe & Secure '1315,602.9115,602.910.00
Clean Communities '130.000.00
Cops in Shops Summer/Shore Initiative '130.000.00
Click It or Ticket '13300.00300.000.00
Cops in Shops College Fall Initiative '140.002,800.002,600.00200.00
OC Office of Senior Svcs-Information Assistance Grant '140.0017,710.0017,710.000.00
Alcohol Ed & Rehabilitation Fund '140.002,427.642,427.640.00
Recycling Tonnage Grant '140.0059,028.7759,028.770.00
Drunk Driving Enforcement Fund '140.0010,507.5010,507.500.00
Clean Communities '140.0094,305.3794,305.370.00
Mun Alliance Alcohol&Drug '140.0048,643.507,832.905,436.6035,374.00
Handicap Recreational Opportunities Grant '140.0015,000.0015,000.00
State Body Armor Grant '140.009,404.889,404.880.00
OC Cultural & Heritage Comm '140.001,200.00960.00240.00
Click It or Ticket '140.004,000.004,000.000.00
NJDOT Municipal Aid - Wright Debow '140.00328,967.00328,967.00
NJDOT Municipal Aid - Brewer's Bridge Phase II '140.00325,000.00243,750.0081,250.00
Totals
===== PAGE 19 =====
MUNICIPALITIES AND COUNTIES FEDERAL AND STATE GRANTS RECEIVABLE
GrantBalance Jan. 1, 20142014 Budget Revenue RealizedReceivedCancelledUnappropriated Reserves RealizedBalance Dec. 31, 2014
NJDOT - School Sidewalks '140.00300,000.00225,000.0075,000.00
Cops in Shops Summer/Shore Initiative '140.002,400.002,310.0090.00
Safe & Secure '140.0028,805.0013,202.0915,602.91
NJFSC Community Forestry Programs - Green Communities0.003,000.003,000.00
NJOEM Radiological Emergency 966 '140.0013,600.0013,600.00
Drive Sober or Get Pulled Over Y/E Crckdown '140.007,500.007,500.00
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
0.00
0.00
Totals67,108.551,274,299.66563,935.2925,974.85175,674.16575,823.91
===== PAGE 20 =====
SCHEDULE OF APPROPRIATED RESERVES FOR FEDERAL AND STATE GRANTS
GrantBalance Jan. 1, 2014Transferred from 2014 Budget AppropriationsP/Y Reserve for EncumbrancesC/Y Reserve for EncumbrancesExpendedCancelledBalance Dec. 31, 2014
BudgetAppropriation By 40A:4-87
STORMWATER 06371.60371.60
ALCOHOL ED & REHABILITATION FUND 08147.72147.72
ALCHL ED & REHAB 20091,502.461,502.46
RECYCLING TONNAGE 200934,748.2134,748.21
RECYCLING MINI CH1592,906.352,906.35
GREEN COMMUNITIES 082,269.482,269.48
RECYCLING TONNAGE '1044,674.7144,674.71
ALCOHOL EDUCATION & REHABILITATION '103,093.893,093.89
Recycling Tonnage '1166,707.0466,707.04
Pedestrian Safety Grant '1215,000.0015,000.000.00
Drunk Driving Enforcement Fund '120.0075.0075.00
Clean Communities '123,807.97243.46255.443,793.062.93
Going Green Sustainable/Small Cities Grant '121,000.001,000.00
State Body Armor Grant '122,471.412,471.410.00
Recycling Tonnage Grant '1249,031.1049,031.10
Alcohol Ed & Rehabilitation Fund '121,496.011,496.01
===== PAGE 21 =====
SCHEDULE OF APPROPRIATED RESERVES FOR FEDERAL AND STATE GRANTS
GrantBalance Jan. 1, 2014Transferred from 2014 Budget AppropriationsP/Y Reserve for EncumbrancesC/Y Reserve for EncumbrancesExpendedCancelledBalance Dec. 31, 2014
BudgetAppropriation By 40A:4-87
Clean Communities '1368,422.59844.9045,671.0823,596.41
Mun Alliance Alcohol&Drug '134,291.954,291.950.00
Safe & Secure '1315,602.9115,602.910.00
State Body Armor Grant '137,417.694,530.602,887.09
Recycling Tonnage Grant '1321,408.2319,239.362,168.87
Drunk Driving Enforcement Fund '130.0075.00(2,690.04)2,765.04
Handicap Recreational Opportunities Grant '1318,000.0018,000.000.00
OC Office of Senior Svcs-Information Assistance Grant '1310.07187.2010.06187.200.01
Click It or Ticket '13300.00300.000.00
Alcohol Ed & Rehabilitation Fund '14/0.002,427.64/2,427.64
Drive Sober or Get Pulled Over Y/E Crckdown '140.007,500.000.00600.006,900.00
Recycling Tonnage Grant '140.0059,028.770.0020,640.5938,388.18
Drunk Driving Enforcement Fund '140.0010,507.50158.001,884.508,465.00
Clean Communities '140.0094,305.370.007,156.0387,149.34
Safe & Secure '140.0028,805.000.0013,202.0915,602.91
Handicap Recreational Opportunities Grant '140.0018,000.002,200.002,508.4413,291.56
NJFSC Community Forestry Programs - Green Communities0.003,000.003,000.00
===== PAGE 22 =====
SCHEDULE OF APPROPRIATED RESERVES FOR FEDERAL AND STATE GRANTS
GrantBalance Jan. 1, 2014Transferred from 2014 Budget AppropriationsP/Y Reserve for EncumbrancesC/Y Reserve for EncumbrancesExpendedCancelledBalance Dec. 31, 2014
BudgetAppropriation By 40A:4-87
State Body Armor Grant '140.009,404.889,404.88
OC Cultural & Heritage Comm '140.002,400.00498.321,901.680.00
Click It or Ticket '140.004,000.003,050.00950.000.00
NJDOT Municipal Aid - Wright Debow '14328,967.00328,967.00
NJDOT Municipal Aid - Brewer's Bridge Phase II '14325,000.00325,000.000.00
NJDOT - School Sidewalks '14300,000.0086,335.10213,664.900.00
NJOEM Radiological Emergency 966 '1413,600.0013,575.7524.25
OC Office of Senior Svcs-Information Assistance Grant '1417,710.00499.9417,210.000.06
Cops in Shops College Fall Initiative '142,800.002,600.00200.00
Cops in Shops Summer/Shore Initiative '14/2,400.002,400.000.00
Mun Alliance Alcohol&Drug '14-1/2 Year16,586.885,699.3110,887.570.00
Mun Alliance Alcohol&Drug '14/FY1544,217.501,665.0042,552.50
0.000.00
0.000.00
Totals364,681.391,078,832.67211,827.871,425.56103,532.61725,988.1231,429.52795,817.24
===== PAGE 23 ===== ## SCHEDULE OF UNAPPROPRIATED RESERVES FOR FEDERAL AND STATE GRANTS
GrantBalance Jan. 1, 2014Transferred from 2014 Budget AppropriationsReceivedCancelledBalance Dec. 31, 2014
BudgetAppropriation By 40A:4-87
Alcohol Education and Rehabilitation2,427.642,427.642,422.292,422.29
Recycling Tonnage59,028.7759,028.77100,249.26100,249.26
Drunk Driving Enforcement Fund10,507.5010,507.509,787.099,787.09
NJ Body Armor9,404.889,404.887,332.467,332.46
Clean Communities0.0094,305.3794,305.370.00
0.000.00
0.000.00
/
Totals81,368.7981,368.7994,305.370.00214,096.470.000.00119,791.10
===== PAGE 24 ===== ## *LOCAL DISTRICT SCHOOL TAX
DebitCredit
Balance January 1, 2014XXXXXXXXXXXXXXXXXXXX
School Tax Payable # 85001-00XXXXXXXXXX
School Tax Deferred\n(Not in excess of 50% of Levy - 2013 - 2014) 85002-00XXXXXXXXXX
Levy School Year July 1, 2014 - June 30, 2015XXXXXXXXXX
Levy Calendar Year 2014XXXXXXXXXX81,958,272.00
Paid81,958,272.00XXXXXXXXXX
Balance December 31, 2014XXXXXXXXXXXXXXXXXXXX
School Tax Payable # 85003-000.00XXXXXXXXXX
School Tax Deferred\n(Not in excess of 50% of Levy - 2014 - 2015) 85004-00XXXXXXXXXX
21,958,272.0021,958,272.00
* 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, 2014 85045-00XXXXXXXXXXXX4,061,832.69
2014 Levy 85105-00XXXXXXXXXXXX1,329,594.36
Added and Omitted Taxes5,199.46
Interest EarnedXXXXXXXXXXXX4,072.63
Expenditures2,801,054.57XXXXXXXXXXXX
Balance December 31, 2014 85046-002,599,644.57XXXXXXXXXXXX
5,400,699.145,400,699.14
===== PAGE 25 ===== ## NOT APPLICABLE ## REGIONAL SCHOOL TAX
(Provide a separate statement for each Regional District involved)
DebitCredit
Balance January 1, 2014XXXXXXXXXXXXXXXXXXXX
School Tax Payable # 85031-00XXXXXXXXXX
School Tax Deferred (Not in excess of 50% of Levy - 2013 - 2014) 85032-00XXXXXXXXXX
Levy School Year July 1, 2014 - June 30, 2015XXXXXXXXXX
Levy Calendar Year 2014XXXXXXXXXX
PaidXXXXXXXXXX
Balance December 31, 2014XXXXXXXXXXXXXXXXXXXX
School Tax Payable # 85033-00XXXXXXXXXX
School Tax Deferred (Not in excess of 50% of Levy - 2014 - 2015) 85034-00XXXXXXXXXX
# Must include unpaid requisitions
REGIONAL HIGH SCHOOL TAX
DebitCredit
Balance January 1, 2014XXXXXXXXXXXXXXXXXXXX
School Tax Payable # 85041-00XXXXXXXXXX
School Tax Deferred (Not in excess of 50% of Levy - 2013 - 2014) 85042-00XXXXXXXXXX
Levy School Year July 1, 2014 - June 30, 2015XXXXXXXXXX
Levy Calendar Year 2014XXXXXXXXXX
PaidXXXXXXXXXX
Balance December 31, 2014XXXXXXXXXXXXXXXXXXXX
School Tax Payable # 85043-00XXXXXXXXXX
School Tax Deferred (Not in excess of 50% of Levy - 2014 - 2015) 85044-00XXXXXXXXXX
# Must include unpaid requisitions
===== PAGE 26 ===== ～ ## COUNTY TAXES PAYABLE
DebitCredit
Balance January 1, 2014XXXXXXXXXXXXXXXXXXXX
County Taxes 80003-01XXXXXXXXXX
Due County for Added and Omitted Taxes 80003-02XXXXXXXXXX68,550.42
2014 Levy:XXXXXXXXXXXXXXXXXXXX
General County 80003-03XXXXXXXXXX22,139,029.69
County Library 80003-04XXXXXXXXXX2,467,409.10
County HealthXXXXXXXXXX887,236.68
County Open Space PreservationXXXXXXXXXX777,714.85
Due County for Added and Omitted Taxes 80003-05XXXXXXXXXX102,835.16
Paid26,339,940.75XXXXXXXXXX
Balance December 31, 2014XXXXXXXXXXXXXXXXXXXX
County TaxesXXXXXXXXXX
Due County for Added and Omitted Taxes102,835.15XXXXXXXXXX
26,442,775.9026,442,775.90
## SPECIAL DISTRICT TAXES
DebitCredit
Balance January 1, 201480003-06XXXXXXXXXX0.00
2014 Levy: (List Each Type of District Tax Separately - see Footnote)XXXXXXXXXXXXXXXXXXXX
Fire - 4 Districts81108-005,614,930.00XXXXXXXXXXXXXXXXXX
Sewer -81111-00XXXXXXXXXXXXXXXXXX
Water -81112-00XXXXXXXXXXXXXXXXXX
Garbage -81109-00XXXXXXXXXXXXXXXXXX
Open Space -81105-00XXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXX
Total 2014 Levy80003-07XXXXXXXXXX5,614,930.00
Paid80003-085,614,930.00XXXXXXXXXX
Balance December 31, 201480003-090.00
5,614,930.005,614,930.00
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, 2014 80004-01XXXXXXXXXXXX
State Library Aid Received in 2014 80004-02XXXXXXXXXXXX
Expended 80004-09XXXXXXXXXXXX
Balance December 31, 2014 80004-10
RESERVE FOR EXPENSE OF PARTICIPATION IN FREE COUNTY LIBRARY WITH STATE AID
Balance January 1, 201480004-03XXXXXXXXXX
State Library Aid Received in 201480004-04XXXXXXXXXX
Expended80004-11XXXXXXXXXX
Balance December 31, 201480004-12
RESERVE FOR AID TO LIBRARY OR READING ROOM WITH STATE AID (N.J.S.A. 40:54-35)
Balance January 1, 201480004-05XXXXXXXXXXX
State Library Aid Received in 201480004-06XXXXXXXXXXX
Expended80004-13XXXXXXXXXXX
Balance December 31, 201480004-14
RESERVE FOR LIBRARY SERVICES WITH FEDERAL AID
Balance January 1, 201480004-07XXXXXXXXXX
State Library Aid Received in 201480004-08XXXXXXXXXX
Expended80004-15XXXXXXXXXX
Balance December 31, 201480004-16
===== PAGE 28 =====
STATEMENT OF GENERAL BUDGET REVENUES 2014
SourceBudgetRealizedExcess or Deficit*\n-03
-01-02
Surplus Anticipated\n80101-2,200,000.002,200,000.000.00
Surplus Anticipated with Prior Written Consent of Director of Local Government\n80102-0.00
Miscellaneous Revenue Anticipated:XXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
Adopted Budget7,637,588.667,911,486.91273,898.25
Added by N.J.S. 40A:4-87: (List on 17a)XXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
199,984.37199,984.370.00
Total Miscellaneous Revenue Anticipated\n80103-7,837,573.038,111,471.28273,898.25
Receipts from Delinquent Taxes\n80104-1,400,000.001,661,107.78261,107.78
Amount to be Raised by Taxation:\nXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
(a) Local Tax for Municipal Purposes\n80105-29,785,262.60XXXXXXXXXXXXXXXXXXXX
(b) Addition to Local District School Tax\n80106-XXXXXXXXXXXXXXXXXXXX
Total Amount to be Raised by Taxation\n80107-29,785,262.6030,771,597.20986,334.60
41,222,835.6342,744,176.261,521,340.63
ALLOCATION OF CURRENT TAX COLLECTIONS
DebitCredit
Current Taxes Realized in Cash (Total of Item 10 or 14 on Sheet 22) 80108-00XXXXXXXXXX143,352,211.50
Amount to be Raised by TaxationXXXXXXXXXXXXXXXXXXXX
Local District School Tax 80109-0081,958,272.00XXXXXXXXXX
Regional School Tax 80119-000.00XXXXXXXXXX
Regional High School Tax 80110-000.00XXXXXXXXXX
County Taxes 80111-0026,271,390.32XXXXXXXXXX
Due County for Added and Omitted Taxes 80112-00102,835.16XXXXXXXXXX
Special District Taxes 80113-005,614,930.00XXXXXXXXXX
Municipal Open Space Tax 80120-001,334,793.82XXXXXXXXXX
Reserve for Uncollected Taxes 80114-00XXXXXXXXXX2,701,607.00
Deficit in Required Collection of Current Taxes (or) 80115-00XXXXXXXXXX0.00
Balance for Support of Municipal Budget (or) 80116-0030,771,597.20XXXXXXXXXX
*Excess Non-Budget Revenue (see footnote) 80117-00XXXXXXXXXX
*Deficit Non-Budget Revenue (see footnote) 80118-00XXXXXXXXXX
*These items are applicable only when there is no "Amount to be Raised by Taxation" in the "Budget"146,053,818.50146,053,818.50
* 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 2014 (Continued) ##### MISCELLANEOUS REVENUES ANTICIPATED: ADDED BY N.J.S. 40A:4-87
SourceBudgetRealizedExcess or Deficit
Clean Communities '1494,305.3794,305.370.00
Safe & Secure '1428,805.0028,805.000.00
Handicap Recreational Opportunities Grant '14/FY15,000.0015,000.000.00
Drive Sober or Get Pulled Over '147,500.007,500.000.00
Click It or Ticket '142,400.002,400.000.00
Municipal Alliance '14/FY1535,374.0035,374.000.00
Sustainable NJ/Going Green '143,000.003,000.000.00
966 Emergency Mgmt Grant '1413,600.0013,600.000.00
CFO Signature: ___ CFO Signature: ___ ===== PAGE 30 =====
STATEMENT OF GENERAL BUDGET APPROPRIATIONS 2014
2014 Budget as Adopted80012-0141,022,851.26
2014 Budget - Added by N.J.S. 40A:4-8780012-02199,984.37
Appropriated for 2014 (Budget Statement Item 9)80012-0341,222,835.63
Appropriated for 2014 by Emergency Appropriation (Budget Statement Item 9)80012-040.00
Total General Appropriations (Budget Statement Item 9)80012-0541,222,835.63
Add: Overexpenditures (see footnote)80012-060.00
Total Appropriations and Overexpenditures80012-0741,222,835.63
Deduct Expenditures:
Paid or Charged [Budget Statement Item (L)]80012-0836,992,972.12
Paid or Charged - Reserve for Uncollected Taxes80012-092,701,607.00
Reserved80012-101,528,256.51
Total Expenditures80012-1141,222,835.63
Unexpended Balances Canceled (see footnote)80012-120.00
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) NOT APPLICABLE
2014 Authorizations
N.J.S. 40A:4-46 (After adoption of Budget)
N.J.S. 40A:4-20 (Prior to adoption of Budget)
Total Authorizations
Deduct Expenditures:
Paid or Charged
Reserved
Total Expenditures
===== PAGE 31 ===== ## RESULTS OF 2014 OPERATION ## CURRENT FUND
DebitCredit
Excess of anticipated Revenues:XXXXXXXXXXXXXXXXXXXX
Miscellaneous Revenues anticipated80013-01XXXXXXXXXX273,898.25
Delinquent Tax Collections80013-02XXXXXXXXXX261,107.78
XXXXXXXXXX
Required Collection of Current Taxes80013-03XXXXXXXXXX986,334.60
Unexpended Balances of 2014 Budget Appropriations80013-04XXXXXXXXXX0.00
Miscellaneous Revenue Not Anticipated81113-XXXXXXXXXX521,225.97
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 2013 Appropriation Reserves80013-05XXXXXXXXXX996,491.22
Prior Years Interfunds Returned in 201480013-06XXXXXXXXXX35,114.79
Prior Years Accounts Payable CancelledXXXXXXXXXX244,866.90
PY Senior AllowedXXXXXXXXXX2,430.14
Cancel AppropriationsXXXXXXXXXX31,429.52
Deferred School Tax Revenue: (See School Taxes, Sheets 13 & 14)XXXXXXXXXXXXXXXXXXXX
Balance January 1, 201480013-07XXXXXXXXXX
Balance December 31, 201480013-08XXXXXXXXXX
Deficit in Anticipated Revenues:XXXXXXXXXXXXXXXXXXXX
Miscellaneous Revenues Anticipated80013-090.00XXXXXXXXXX
Delinquent Tax Collections80013-100.00XXXXXXXXXX
XXXXXXXXXX
Required Collection of Current Taxes80013-11XXXXXXXXXX
Interfund Advances Originating in 201480013-12XXXXXXXXXX
Misc183.42XXXXXXXXXX
PY Senior Disallowed11,501.37XXXXXXXXXX
Refund PY Revenue59.73XXXXXXXXXX
Cancel Grant Receivables26,924.85XXXXXXXXXX
Deficit Balance - To Trial Balance (Sheet 3)80013-13XXXXXXXXXX
Surplus Balance - To Surplus (Sheet 21)80013-143,314,229.80XXXXXXXXXX
3,352,899.173,352,899.17
===== PAGE 32 ===== ## SCHEDULE OF MISCELLANEOUS REVENUES NOT ANTICIPATED
SourceAmount Realized
2% ADMIN FEE-SR CIT/VET TAX DEDUCTION10,389.97
ADMINISTRATIVE FEES334.00
AUCTION27,175.26
BID FEES731.00
CLERK9,957.50
COST SHARE REIMBURSEMENT13,639.31
COURT OVERPAYMENTS14.00
GAS & FUEL REIMBURSEMENT46,936.53
HOPE CHAPEL SALE16,800.00
LIBRARY WATER2,500.00
MISCELLANEOUS5,762.55
MV INSPECTION FINES3,565.00
NON SUFFICIENT FUNDS300.00
OCEAN COUNTY RENT OF POLLING PLACES1,000.00
OCEAN CTY JOINT INS FUND 2014 DIVIDEND451.76
PLANNING & ZONING403.59
POLICE ALARM FINES13,675.00
RESOLUTION FEES4,800.00
RESTITUTION3,216.00
SHARED SERVICES6,838.59
SUBDIVISION FEES6,967.10
SURCHARGE O/S EMPLOYMENT118,570.00
TAX COLLECTOR102,231.97
TELEPHONE REVENUE30,007.93
TOWER RENTAL94,495.74
VENDING MACHINES463.17
Total Amount of Miscellaneous Revenues Not Anticipated (Sheet 19)$ 521,225.97
===== PAGE 33 ===== ## SURPLUS - CURRENT FUND YEAR 2014
DebitCredit
1. Balance January 1, 201480014-01XXXXXXXXXX2,873,066.69
2.XXXXXXXXXX
3. Excess Resulting from 2014 Operations80014-02XXXXXXXXXX3,314,229.80
4. Amount Appropriated in the 2014 Budget - Cash80014-032,200,000.00XXXXXXXXXX
5. Amount Appropriated in the 2014 Budget - with Prior Written Consent of Director of Local Government Services80014-040.00XXXXXXXXXX
6. Reverse Prior Year Audit Entry474.43XXXXXXXXXX
7. Balance December 31, 201480014-053,986,822.06XXXXXXXXXX
6,187,296.496,187,296.49
ANALYSIS OF BALANCE DECEMBER, 31, 2014 (FROM CURRENT FUND - TRIAL BALANCE)
Cash80014-0610,665,503.61
Investments80014-07
Change Fund1,135.00
Sub Total10,666,638.61
Deduct Cash Liabilities Marked with "C" on Trial Balance80014-086,699,565.69
Cash Surplus80014-093,967,072.92
Deficit in Cash Surplus80014-100.00
Other Assets Pledged to Surplus:*
(1) Due from State of N.J. Senior Citizens and Veterans Deduction 80014-1611,697.14
Deferred Charges#8,052.00
Cash Deficit#80014-13
Total Other Assets80014-1419,749.14
# BUT THE CASH OR AGREEMENT IS A SHIPMENT AGREEMENT AGREEMENTS80014-152,006,000.05
* 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 2015 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 - 2014 LEVY
(Amounts in millions)
2. Amount of Levy Special District Taxes82102-00$ 5,630,673.39
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$ 565,566.31
5a. Subtotal 2014 Levy$ 145,604,218.59
5b. Reductions due to tax appeals **$
5c. Total 2014 Tax Levy82106-00$ 145,604,218.59
6. Transferred to Tax Title Liens82107-00$ 253,550.16
7. Transferred to Foreclosed Property82108-00$ 0.00
8. Remitted, Abated or Canceled82109-00$ 176,019.20
9. Discount Allowed82110-00$
10. Collected in Cash: In 201382121-00$ 627,662.80
In 2014 *82122-00$ 142,203,976.10
R.E.A.P. Revenue82124-00$
State's Share of 2014 Senior Citizens and Veterans Deductions Allowed82123-00$ 520,572.60
Total to Line 1482111-00$ 143,352,211.50
11. Total Credits$ 143,781,780.86
12. Amount Outstanding December 31, 201483120-00$ 1,822,437.73
13. Percentage of Cash Collections to Total 2014 Levy, (Item 10 divided by Item 5c) is 98.45% 82112-00
Note: If municipality conducted Accelerated Tax Sale or Tax Levy Sale check here— & complete sheet 22
14. Calculation of Current Taxes Realized in Cash:
Total of Line 10$ 143,352,211.50
Less: Reserve for Tax Appeals Pending State Division of Tax Appeals$ 0.00
To Current Taxes Realized in Cash (Sheet 17)$ 143,352,211.50
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 69.999%
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 2014 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 ===== # NOT APPLICABLE ACCELERATED TAX SALE / TAX LEVY SALE - CHAPTER 99 To Calculate Underlying Tax Collection Rate for 2014 N/A 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 2014 Tax Levy.....__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 2014Tax 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, 2014XXXXXXXXXXXXXXXXXXXX
Due From State of New Jersey19,694.40XXXXXXXXXX
Due To State of New JerseyXXXXXXXXXX
2. Sr. Citizens Deductions Per Tax Billings70,750.00XXXXXXXXXX
3. Veterans Deductions Per Tax Billings448,500.00XXXXXXXXXX
4. Sr. Citizens Deductions Allowed By Tax Collector 20144,250.00XXXXXXXXXX
5. Veterans & Disabled Deductions Allowed by Tax Collector 20148,250.00
6. Sr. Citizens, Veterans & Disabled Deductions Allowed by Tax Collector 20132,430.14
7. Sr. Citizens Deductions Disallowed By Tax Collector 2014XXXXXXXXXX2,077.40
8. Sr. Citizens Deductions Disallowed By Tax Collector 2013XXXXXXXXXX7,810.96
9. Received in Cash from StateXXXXXXXXXX519,498.63
10. Veterans & Disabled Deductions Disallowed 20149,100.00
11. Veterans & Disabled Deductions Disallowed 20133,690.41
12. Balance December 31, 2014XXXXXXXXXXXXXXXXXXXX
Due From State of New JerseyXXXXXXXXXX11,697.14
Due To State of New JerseyXXXXXXXXXX
553,874.54553,874.54
Calculation of Amount to be included on Sheet 22, Item 10-2014 Senior Citizens and Veterans Deductions Allowed
Line 270,750.00
Line 3448,500.00
Line 4 & 512,500.00
Sub-Total531,750.00
Less: Line 7 & 1011,177.40
To Item 10, Sheet 22520,572.60
===== PAGE 37 ===== ###### SCHEDULE OF RESERVE FOR TAX APPEALS PENDING (N.J.S.A. 54:3-27)
DebitCredit
Balance January 1, 2014XXXXXXXXXX313,782.95
Taxes Pending AppealsXXXXXXXXXXXXXXXXXXXX
Interest Earned on Taxes Pending AppealsXXXXXXXXXXXXXXXXXXXX
Contested Amount of 2014 Taxes Collected which are Pending State Appeal (Item 14, Sheet 22)XXXXXXXXXX0.00
Interest Earned on Taxes Pending State AppealsXXXXXXXXXX
Cash Paid to Appellants (Including 5% Interest from Date of Payment)XXXXXXXXXX
Closed to Results of Operations (Portion of Appeal won by Municipality, including Interest)XXXXXXXXXX
Balance December 31, 2014313,782.95XXXXXXXXXX
Taxes Pending Appeals*XXXXXXXXXXXXXXXXXXXX
Interest Earned on Taxes Pending AppealsXXXXXXXXXXXXXXXXXXXX
* Includes State Tax Court and County Board of Taxation313,782.95313,782.95
Signature of Tax Collector
Image
887 License # ___ Date ___ ===== PAGE 38 ===== # NOT APPLICABLE 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 _____ % [(2014 Estimated Total Levy - 2013 Total Levy)/2013 Total Levy] D. Reserve for Uncollected Taxes Exclusion Amount___ [(B x C) + B] E. Net Reserve for Uncollected Taxes Appropriation in Current Budget (A - D) __2014 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 equired_____ 5. Total Required at _____% (items 4+6) ____6. Reserve for Uncollected Taxes (item Eabove)___ Sheet 25a ===== PAGE 39 ===== 16. Percentage of Cash Collections to Adjusted Amount Outstanding (Item No. 10 divided by Item No. 9) is boxed 43.48% 17. Item No. 14 multiplied by percentage shown above is boxed 1,845,613.34 and represents the maximum amount that may be anticipated in 2015. 83125-00 (See Note A on Sheet 22 - Current Taxes) ## SCHEDULE OF DELINQUENT TAXES AND TAX TITLE LIENS
DebitCredit
1. Balance January 1, 20143,931,256.82XXXXXXXXXX
A. Taxes83102-001,876,074.60XXXXXXXXXXXXXXXXXXXX
B. Tax Title Liens83103-002,055,182.22XXXXXXXXXXXXXXXXXXXX
2. Canceled:XXXXXXXXXXXXXXXXXXXX
A. Taxes83105-00XXXXXXXXXX125,691.30
B. Tax Title Liens83106-00XXXXXXXXXX
3. Transferred to Foreclosed Tax Title Liens:XXXXXXXXXXXXXXXXXXXX
A. Taxes83108-00XXXXXXXXXX
B. Tax Title Liens83109-00XXXXXXXXXX
4. Added Taxes83110-0011,501.37XXXXXXXXXX
5. Added Tax Title Liens83111-003,066.58XXXXXXXXXX
6. Adjustment between Taxes (Other than current year) and Tax Title Liens:XXXXXXXXXXXXXXXXXXXX
A. Taxes - Transfers to Tax Title Liens83104-00XXXXXXXXXX(1) 26,300.87
B. Tax Title Liens - Transfers from Taxes83107-00(1) 26,300.87XXXXXXXXXX
7. Balance Before Cash PaymentsXXXXXXXXXX3,820,133.47
8. Totals3,972,125.643,972,125.64
9. Balance Brought Down3,820,133.47XXXXXXXXXX
10. Collected:XXXXXXXXXX1,661,107.78
A. Taxes83116-001,648,613.45XXXXXXXXXXXXXXXXXXXX
B. Tax Title Liens83117-0012,494.33XXXXXXXXXXXXXXXXXXXX
11. Interest and Costs - 2014 Tax Sale83118-009,436.64XXXXXXXXXX
12. 2014 Taxes Transferred to Liens83119-00253,550.16XXXXXXXXXX
13. 2014 Taxes83123-001,822,437.73XXXXXXXXXX
14. Balance December 31, 2014XXXXXXXXXX4,244,450.22
A. Taxes83121-001,909,408.08XXXXXXXXXXXXXXXXXXXX
B. Tax Title Liens83122-002,335,042.14XXXXXXXXXXXXXXXXXXXX
15. Totals5,905,558.005,905,558.00
(1) These amounts will always be the same. ===== PAGE 40 =====
SCHEDULE OF FORECLOSED PROPERTY (PROPERTY ACQUIRED BY TAX TITLE LIEN LIQUIDATION)
DebitCredit
1. Balance January 1, 201484101-006,318,700.00XXXXXXXXXX
2. Foreclosed or Deeded in 2014XXXXXXXXXXXXXXXXXXXX
3. Tax Title Liens84103-00XXXXXXXXXX
4. Taxes Receivable84104-00XXXXXXXXXX
5A.84102-00XXXXXXXXXX
5B. Correction of parcel listing error84105-00XXXXXXXXXX12,500.00
6. Adjustment to Assessed Valuation84106-00XXXXXXXXXX
7. Adjustment to Assessed Valuation84107-00XXXXXXXXXX0.00
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, 201484114-00XXXXXXXXXX6,306,200.00
6,318,700.006,318,700.00
CONTRACT SALES
NOT APPLICABLEDebitCredit
15. Balance January 1, 201484115-00XXXXXXXXXX
16. 2014 Sales from Foreclosed Property84116-00XXXXXXXXXX
17. Collected*84117-00XXXXXXXXXX
18.84118-00XXXXXXXXXX
19. Balance December 31, 201484119-00XXXXXXXXXX
MORTGAGE SALES
NOT APPLICABLEDebitCredit
20. Balance January 1, 2014 84120-00XXXXXXXXXX
21. 2014 Sales from Foreclosed Property 84121-00XXXXXXXXXX
22. Collected* 84122-00XXXXXXXXXXXX
23. 84123-00XXXXXXXXXXXX
24. Balance December 31, 2014 84124-00XXXXXXXXXXXX
Analysis of Sale of Property: 0.00\n* Total Cash Collected in 2014 (84125-00)
Realized in 2014 Budget 0.00
To Results of Operation (Sheet 19) 0.00
===== PAGE 41 ===== # 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 Dec. 31, 2013 per Audit ReportAmount in 2014 BudgetAmount Resulting from 2014Balance as at Dec. 31, 2014
1. Emergency Authorization - Municipal*<fcel><fcel><fcel><nl>
2. Emergency Authorizations - Schools Overexpenditure of<fcel><fcel><fcel><nl>
3. Appropriations Reserves10,063.8010,063.800.000.00
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>
10. ___ __________ __________*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 Date Purpose Amount 1. ___ $ 2. $ 3. $ 4. $_____ 5. ___ ## JUDGEMENTS ENTERED AGAINST MUNICIPALITY AND NOT SATISFIED in Budget of Year 2015 In Favor of On Account of Date Entered Amount Appropriated for 2. __3. __4. ________ _____ $ $ ___ ________ _____ ===== PAGE 42 =====
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, 2013REDUCED IN 2014Balance Dec. 31, 2014
By 2014 BudgetCanceled by Resolution
2012Codification of Ordinances ORD 31-1120,130.004,026.0012,078.004,026.008,052.00
2013Hurricane Sandy1,905,000.00381,000.001,524,000.00621,287.37902,712.63
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:4-43 et seq. and are recorded on this page 80025-00 80026-00 ance 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, 2014" must be entered here and then raised in the 2015 budget. ===== PAGE 43 ===== ## NOT APPLICABLE
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, 2013REDUCED IN 2014Balance Dec. 31, 2014
By 2014 BudgetCanceled by Resolution
//
Totals
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, 2014" must be entered here and then raised in the 2015 budget. ===== PAGE 44 ===== # SCHEDULE OF BONDS ISSUED AND OUTSTANDING AND 2015 DEBT SERVICE FOR BONDS (COUNTY) (MUNICIPAL) GENERAL CAPITAL BONDS
DebitCredit2015 Debt Service
Outstanding January 1, 2014 80033-01XXXXXXXXXX22,492,000.003,600,000.00
Issued 80033-02XXXXXXXXXX5,485,000.00
Paid 80033-033,501,000.00XXXXXXXXXX
\
Outstanding December 31, 2014 80033-0424,476,000.00XXXXXXXXXX
27,977,000.0027,977,000.00
2015 Bond Maturities - General Capital Bonds 80033-05
2015 Interest on Bonds* 80033-06926,072.40
ASSESSMENT SERIAL BONDS
Outstanding January 1, 2014 80033-07XXXXXXXXXX
Issued 80033-08XXXXXXXXXX
Paid 80033-09XXXXXXXXXX
Outstanding December 31, 2014 80033-10XXXXXXXXXX
2015 Bond Maturities - Assessment Bonds 80033-11
2015 Interest on Bonds* 80033-12
Total "Interest on Bonds - Debt Service" (*Items) 80033-13926,072.40
LIST OF BONDS ISSUED DURING 2014
Purpose2015 MaturityAmount IssuedDate of IssueInterest Rate
General Obligation Bonds - 19-09, 25-10, 3-12300,0005,485,0007/23/2014Various
Total
80033-1480033-15
===== PAGE 45 ===== ## SCHEDULE OF LOANS ISSUED AND OUTSTANDING AND 2015 DEBT SERVICE FOR LOANS (COUNTY) (MUNICIPAL) ___ LOAN
DebitCredit2015 Debt Service
Outstanding January 1, 2014 80033-01XXXXXXXXXX
Issued 80033-02XXXXXXXXXX
Paid 80033-03XXXXXXXXXX
Outstanding December 31, 2014 80033-04XXXXXXXXXX
2015 Loan Maturities 80033-05 $
2015 Interest on Loans 80033-06 $
Total 2015 Debt Service for Loan 80033-13 $
LOAN
Outstanding January 1, 2014 80033-07XXXXXXXXXX
Issued 80033-08XXXXXXXXXX
Paid 80033-09XXXXXXXXXX
Outstanding December 31, 2014 80033-10XXXXXXXXXX
2015 Loan Maturities 80033-11 $
2015 Interest on Loans 80033-12 $
Total 2015 Debt Service for Loan 80033-13 $
LIST OF LOANS ISSUED DURING 2014
Purpose2015 MaturityAmount IssuedDate of IssueInterest Rate
Total
===== PAGE 46 ===== # SCHEDULE OF BONDS ISSUED AND OUTSTANDING AND 2015 DEBT SERVICE FOR BONDS ## TYPE I SCHOOL TERM BONDS
DebitCredit2015 Debt Service
Outstanding January 1, 2014 80034-01XXXXXXXXXX
Paid 80034-02XXXXXXXXXX
Outstanding December 31, 2014 80034-03XXXXXXXXXX
2015 Bond Maturities - Term Bonds 80034-04
2015 Interest on Bonds* 80034-05
TYPE I SCHOOL SERIAL BOND
Outstanding January 1, 2014 80034-06XXXXXXXXXX
Issued 80034-07XXXXXXXXXX
Paid 80034-08XXXXXXXXXX
Outstanding December 31, 2014 80034-09XXXXXXXXXX
2015 Interest on Bonds* 80034-10
2015 Bond Maturities - Serial Bonds 80034-11
Total Interest on Bonds Time I School Debt Service* (*Items) 80034.12
Image
Total "Interest on Bonds - Type I School Debt Service" (*Items)
LIST OF BONDS ISSUED DURING 2014
Purpose2015 Maturity -01Amount Issued -02Date of IssueInterest Rate
Total 80035-
2015 INTEREST REQUIREMENT - CURRENT FUND DEBT ONLY
Outstanding 2015 Interest Dec. 31, 2014 Requirement 1. Emergency Notes 80036- __________ 2. Special Emergency Notes 80037- ____902,713 3. Tax Anticipation Notes 80038-_____ ____4. Interest on Unpaid State and County Taxes 80039-_____ ____0 5. ________ ____6. __________ $_____ ===== PAGE 47 =====
DEBT SERVICE FOR NOTES (OTHER THAN ASSESSMENT NOTES)
Title or Purpose of IssueOriginal Amount IssuedOriginal Date of Issue*Amount of Note Outstanding Dec. 31, 2014Date of MaturityRate of Interest2015 Budget RequirementInterest Computed to (Insert Date)
For PrincipalFor Interest**
1. Capital Ord 18-131,891,241.008/5/20141,891,241.008/4/20151.00%1,891,241.0018,859.888/4/2015
2. Hurricane Sandy1,905,000.0012/31/2012902,712.6312/18/20150.00%381,000.00
3.
4.
5.
6.
7.
8.
9.
10. /
11.
12.
13.
14.
Total
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. 80051-01 80051-02 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 2012 or prior require one legally payable installment to be budgeted if it is contemplated that such notes will be renewed in 2015 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 48 =====
NOT APPLICABLE DEBT SERVICE SCHEDULE FOR ASSESSMENT NOTES
N/A
Title or Purpose of IssueOriginal Amount IssuedOriginal Date of Issue*Amount of Note Outstanding Dec. 31, 2013Date of MaturityRate of Interest2014 Budget RequirementInterest Computed to (Insert Date)
For PrincipalFor Interest**
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
Total
MEMO: *See Sheet 33 for clarification of "Original Date of Issue" 80051-01 80051-02 Assessment Notes with an original date of issue of December 31, 2010 or prior must be appropriated in full in the 2014 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 49 ===== ## NOT APPLICABLE SCHEDULE OF CAPITAL LEASE PROGRAM OBLIGATIONS
PurposeAmount of Obligation Outstanding Dec. 31, 20132014 Budget Requirement
For PrincipalFor Interest/Fees
1
2.
3.
4.
5.
6.
7.
8. /
9./
10.
11.
12.
13.
Total
80051-0180051-02
(Do not crowd - add additional sheets) ===== PAGE 50 =====
SCHEDULE OF IMPROVEMENT AUTHORIZATIONS (GENERAL CAPITAL FUND)
IMPROVEMENTS Specify each authorization by purpose. Do not merely designate by a code number.Balance - January 1, 20142014 AuthorizationsPrior Year Reserve for EncumbrancesExpendedCurrent Year Reserve for EncumbrancesAuthorizations Canceled TransferredBalance - December 31, 2014
FundedUnfundedFundedUnfunded
10-06-1 CONSTRUCTION OF PW STORAGE BLDG9,304.850.000.000.009,304.850.00
09-07-01 MUN PARK FAC. (REC FIELDS)1,172.900.000.00(10,000.00)11,172.900.00
09-07-03 CONSTRUCTION OF PW STORAGE BLDG1,637.080.000.000.001,637.080.00
09-07-04,28-07A ACQ SECURITY/TELECOMM,GPS65,507.510.000.0018,134.5817,015.0030,357.930.00
09-07-06 IMPROV-LIBRARY/MUN FAC182,368.970.000.004,922.0033,999.0088,461.9764,830.000.00
29-08 TELEPHONE/DATA SYSTEM UPGRADE201,691.750.000.0038,495.29163,196.460.00
29-08 HYDRAULIC SYSTEM TRANSFER STATION147,468.830.000.0047,094.1847,094.18147,468.830.00
13-03 IMPROVEMENTS TO RECREATIONAL FACILITIES9,315.460.000.006,913.542,401.920.00
27-04-2 VARIOUS JUSTICE COMPLEX IMPROVEMETNS53,180.240.000.0033,004.079,260.8426,751.2950,172.180.00
19-09 20-10 ROADWAY IMPROVEMENTS8,456.5840,839.550.002,204.9447,091.190.00
19-09 20-10 PUBLIC WATER SERVICE INSTALLATION0.0083,244.640.002,204.9481,039.700.00
19-09 20-10 OFFICE EQUIPMENT0.0035,931.640.002,204.9433,726.700.00
19-09 20-10 IMPLEMENT TWP RECYCLING CENTER1,264.6533,250.000.002,204.9432,309.710.00
19-09 20-10 POLICE DEPARTMENT EQUIPMENT0.0010,233.020.002,204.948,028.080.00
19-09 20-10 PUBLIC WORKS EQUIPMENT0.0027,933.650.0012,950.0015,154.9425,728.710.00
19-09 20-10 SENIOR CENTER PASSENGER BUS0.007,066.530.002,204.804,861.730.00
0.000.000.000.00
Place an * before each item of "Improvement" which represents a funding or refunding of an emergency authorization ===== 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, 20142014 AuthorizationsPrior Year Reserve for EncumbrancesExpendedCurrent Year Reserve for EncumbrancesAuthorizations Canceled TransferredBalance - December 31, 2014
FundedUnfundedFundedUnfunded
25-10 ROAD & DRAINAGE IMPROVEMENTS71,853.290.000.001,311.416,247.3466,917.360.00
25-10 MUNICIPAL CAPITAL IMPROVEMENTS3,339.99199,500.000.002,204.942,375.32198,259.730.00
25-10 TOWNSHIP RECYCLING CENTER1,124.8428,500.000.002,204.9427,419.900.00
25-10 TECHNOLOGY UPGRADES2,200.8749,010.000.002,204.9449,005.930.00
25-10 POLICE DEPT EQUIPMENT0.0085,266.550.0065,512.8970,558.832,250.0077,970.610.00
25-10 DPW EQUIPMENT0.00101,192.480.00813,327.98823,656.7290,863.740.00
DOT/JTMUA MUNICIPAL AID 2011 - PATTERSON Rd4,732.200.000.000.004,732.200.00
40-11 STORM WATER BASIN725,859.600.000.002,455.85450.00727,865.450.000.00
03-12 ROAD IMPROVEMENTS0.00767,538.090.00141,741.27175,723.03219,822.37513,733.960.00
03-12 DPW EQUIPMENT0.0063,154.330.00243,912.39246,117.3360,949.390.00
03-12 AMBULANCE0.0010,727.360.00/2,204.948,522.420.00
03-12 NON-PASSENGER VEHICLES0.0015,673.360.004,409.8811,263.480.00
===== PAGE 52 =====
SCHEDULE OF IMPROVEMENT AUTHORIZATIONS (GENERAL CAPITAL FUND)
IMPROVEMENTS\nSpecify each authorization by purpose. Do not merely designate by a code number.Balance - January 1, 20142014 AuthorizationsPrior Year Reserve for EncumbrancesExpendedCurrent Year Reserve for EncumbrancesAuthorizations Canceled\nTransferredBalance - December 31, 2014
FundedUnfundedFundedUnfunded
18-13 DPW EQUIPMENT0.00292,779.790.00178,720.21178,720.20(0.00)292,779.80
18-13 MOTOR POOL EQUIPMENT0.006,399.160.0063,900.8463,795.64(0.00)6,504.36
18-13 RECORD RETENTION/MICROFILMING8,250.00141,750.000.000.008,250.00141,750.00
18-13 AMBULANCE8,800.00151,200.000.00160,000.000.000.00
18-13 SENIOR BUS3,190.0054,810.000.0058,000.000.000.00
18-13 ROADS/SIDEWALKS49,500.00850,500.000.000.0049,500.00850,500.00
18-13 SECTION 20 COSTS0.00180,170.000.009,465.970.00170,704.03
Street 35b0.000.000.000.000.000.00
0.000.000.000.000.000.00
20-14 DPW EQUIPMENT0.000.00911,600.000.0047,751.00863,849.00
20-14 ROAD/SW/DRAINAGE0.000.00900,000.000.0047,143.00852,857.00
20-14 SENIOR CTR BUS0.000.0068,000.000.003,562.0064,438.00
20-14 UCC VEHICLE$0.000.0066,000.000.00/3,457.0062,543.00
20-14 VAR PARK IMPROVEMENT0.000.0040,000.000.002,095.0037,905.00
20-14 SECTION 20 COSTS0.000.00198,560.00810.000.00197,750.00
0.000.000.000.000.000.00
0.000.000.000.000.000.00
Total70000-1,560,219.613,236,670.152,184,160.001,608,853.091,979,056.57356,675.951,984,724.693,541,580.19
===== PAGE 53 ===== ## GENERAL CAPITAL FUND ## SCHEDULE OF CAPITAL IMPROVEMENT FUND
DebitCredit
Balance January 1, 2014 80031-01XXXXXXXXXX4,037.88
Received from 2014 Budget Appropriation* 80031-02XXXXXXXXXX100,000.00
XXXXXXXXXX
Improvement Authorizations Canceled (financed in whole by the Capital Improvement Fund) 80031-03XXXXXXXXXX
List by Improvements - Direct Charges Made for Preliminary Costs:XXXXXXXXXXXXXXXXXXXX
XXXXXXXXXX
XXXXXXXXXX
XXXXXXXXXX
XXXXXXXXXX
XXXXXXXXXX
XXXXXXXXXX
XXXXXXXXXX
XXXXXXXXXX
XXXXXXXXXX
XXXXXXXXXX
XXXXXXXXXX
XXXXXXXXXX
XXXXXXXXXX
XXXXXXXXXX
XXXXXXXXXX
XXXXXXXXXX
XXXXXXXXXX
Appropriated to Finance Improvement Authorizations 80031-04104,008.00XXXXXXXXXX
XXXXXXXXXX
Balance December 31, 2014 80031-0529.88XXXXXXXXXX
104,037.88104,037.88
* The full amount of the 2014 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
NOT APPLICABLEDebitCredit
Balance January 1, 201480030-01XXXXXXXXXX
Received from 2014 Budget Appropriation*80030-02XXXXXXXXXX
Received from 2014 Emergency Appropriation*80030-03XXXXXXXXXX
Appropriated to Finance Improvement Authorizations80030-04XXXXXXXXXX
XXXXXXXXXX
Balance December 31, 201480030-05XXXXXXXXXX
*The full amount of the 2014 appropriation should be transferred to this account unless the balance of the appropriation is permitted to lapse. ##### CAPITAL IMPROVEMENTS AUTHORIZED IN 2014 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 2014 or Prior Years
Capital Improvements & Acquisitions 20-142,184,160.002,080,152.00104,008.00104,008.00
Total 80032-002,184,160.002,080,152.00104,008.00104,008.00
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 - 2014
DebitCredit
Balance January 1, 2014 80029-01XXXXXXXXXXXX60,098.95
Premium on Sale of BondsXXXXXXXXXXXX104,149.75
Funded Improvement Authorizations CanceledXXXXXXXXXXXX0.45
Appropriated to Finance Improvement Authorizations 80029-02XXXXXXXXXXXX
Appropriated to 2014 Budget Revenue 80029-0360,000.00XXXXXXXXXXXX
Balance December 31, 2014 80029-04104,249.15XXXXXXXXXXXX
164,249.15164,249.15
## 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, 2014 2. Amount of Cash in Special Trust Fund as of December 31, 2014 (Note A) ___ ___ 3. Amount of Bonds Issued Under Item 1 Maturing in 2014 ____4. Amount of Interest on Bonds with aCovenant - 2014 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 2014 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 2014 was 145,604,218.59 2. Amount of Item 1 Collected in 2014 (*) 143,352,211.50 3. Seventy (70) percent of Item 1 一 101,922,953.01 (*) Including prepayments and overpayments applied. B. 1. Did any maturities of bonded obligations or notes fall due during the year 2014? 1. Did any maturities of bonded obligations or notes fall due during the Answer YES or NO YES 2. Have payments been made for all bonded obligations or notes due on or before December 31, 2014? 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 2015 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: NO D. 1. Cash Deficit 2013 2023 __2. 4% of 2013 Tax Levy for all purposes: Levy -- _____ = 0.00 3. Cash Deficit 2014 2023 ___ 4. 4% of 2014 Tax Levy for all purposes: Levy -- ___ = ___ 0.00 E. Unpaid 2013 2014 Total 1. State Taxes _____ ___ $ 0.00 2. County Taxes $_____ 102,835.16 3. Amounts due Special Districts 102,835.16 5. Amounts due Special Districts __________ - ____0.00 4. Amounts due School Districts for Local School Tax_____ _____ -_____ 0.00