116

DESCRIPTION

2017 Fund Loan

2017 Trust Loan

DATE OF ISSUE ORIGINAL ISSUES MATURITIES OF LOAN OUTSTANDING BALANCE DECEMBER 31, 2017 BALANCE DECEMBER 31, 2018

DECEMBER 31, 2018 INTEREST RATE

DATE AMOUNT DECREASES

5/25/2017 $ 148,175.00 2/1/19-31 $ 3,367.61 N/A $ 141,439.78 $ 10,102.83 $ 131,336.95

8/1/19-31 6,735.22 N/A

5/25/2017 145,000.00 8/1/19-25 10,000.00 5.00% 145,000.00 5,000.00 140,000.00

8/1/26-29 10,000.00 3.00%

8/1/30-31 15,000.00 3.00%

Total $ 286,439.78 $ 15,102.83 $ 271,336.95

TOWNSHIP OF JACKSON GENERAL CAPITAL FUND SCHEDULE OF NJEIT LOAN PAYABLE FOR THE YEAR ENDED DECEMBER 31, 2018