===== PAGE 1 =====
# State of New Jersey Department of Community Affairs Annual Debt Statement

1511 1511 Jackson Township - County of Ocean

Date Prepared: 29-Jan-2016




<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td colspan="2">Budget Year Ending: 31-Dec-2015</td><td style='text-align: center; word-wrap: break-word;'>(Month-DD)</td><td style='text-align: center; word-wrap: break-word;'>2015 (year)</td></tr><tr><td colspan="2">Name: Sharon Pinkava</td><td style='text-align: center; word-wrap: break-word;'>Phone:</td><td style='text-align: center; word-wrap: break-word;'>732-928-1208</td></tr><tr><td colspan="2">Title: Chief Financial Officer</td><td style='text-align: center; word-wrap: break-word;'>Fax:</td><td style='text-align: center; word-wrap: break-word;'>732-928-6109</td></tr><tr><td colspan="2">Address: 95 West Veterans Highway</td><td style='text-align: center; word-wrap: break-word;'>Email:</td><td style='text-align: center; word-wrap: break-word;'>spinkava@jacksontwpnj.net</td></tr><tr><td colspan="2">Jackson, NJ 08527</td><td style='text-align: center; word-wrap: break-word;'>CFO Cert #:</td><td style='text-align: center; word-wrap: break-word;'>N-0725</td></tr></table>

Sharon Pinkava, being duly sworn, deposes and says: Deponent is the Chief Financial Officer of 1511 Jackson Township - County of Ocean here and in the statement hereinafter mentioned called the local unit. This Annual Debt Statement is a true statement of the debt condition of the local unit as of the date therein stated above and is computed as provided by the Local Bond Law of New Jersey.


<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td style='text-align: center; word-wrap: break-word;'>☑ By checking this box, I am swearing that the above statement is true</td><td style='text-align: center; word-wrap: break-word;'>Gross Debt</td><td style='text-align: center; word-wrap: break-word;'>Deduction</td><td style='text-align: center; word-wrap: break-word;'>Net Debt</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>Total Bonds and Notes for Local School Purposes</td><td style='text-align: center; word-wrap: break-word;'>$ 82,065,973.00</td><td style='text-align: center; word-wrap: break-word;'>$ 82,065,973.00</td><td style='text-align: center; word-wrap: break-word;'>$-</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>Total Bonds and Notes for Regional School Purposes</td><td style='text-align: center; word-wrap: break-word;'>$-</td><td style='text-align: center; word-wrap: break-word;'>$-</td><td style='text-align: center; word-wrap: break-word;'>$-</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$-</td><td style='text-align: center; word-wrap: break-word;'>$-</td><td style='text-align: center; word-wrap: break-word;'>$-</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$-</td><td style='text-align: center; word-wrap: break-word;'>$-</td><td style='text-align: center; word-wrap: break-word;'>$-</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$-</td><td style='text-align: center; word-wrap: break-word;'>$-</td><td style='text-align: center; word-wrap: break-word;'>$-</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$-</td><td style='text-align: center; word-wrap: break-word;'>$-</td><td style='text-align: center; word-wrap: break-word;'>$-</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>Municipal/County General Obligations</td><td style='text-align: center; word-wrap: break-word;'>$ 35,309,326.70</td><td style='text-align: center; word-wrap: break-word;'>$ 13,735,183.64</td><td style='text-align: center; word-wrap: break-word;'>$ 21,574,143.06</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>Total</td><td style='text-align: center; word-wrap: break-word;'>$ 117,375,299.70</td><td style='text-align: center; word-wrap: break-word;'>$ 95,801,156.64</td><td style='text-align: center; word-wrap: break-word;'>$ 21,574,143.06</td></tr></table>

Equalized valuation basis (the average of the equalized valuations of real estate, including improvements and the assessed valuation of class II railroad property of the local unit for the last 3 preceding years).

 Year


<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td style='text-align: center; word-wrap: break-word;'>Year</td><td style='text-align: center; word-wrap: break-word;'>Equalized Valuation Real Property with Improvements plus assessed valuation of Class II</td><td style='text-align: center; word-wrap: break-word;'>$ 6,483,358,589.00</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>2013</td><td style='text-align: center; word-wrap: break-word;'>RR Property</td><td style='text-align: center; word-wrap: break-word;'>$ 6,534,657,795.00</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>2014</td><td style='text-align: center; word-wrap: break-word;'>Equalized Valuation Real Property with Improvements plus assessed valuation of Class II</td><td style='text-align: center; word-wrap: break-word;'>$ 6,682,983,967.00</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>2015</td><td style='text-align: center; word-wrap: break-word;'>RR Property</td><td style='text-align: center; word-wrap: break-word;'>$ 6,567,000,117.00</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>Equalized Valuation Basis - Average of (1), (2) and (3)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'></td></tr></table>

===== PAGE 2 =====
# BONDS AND NOTES FOR LOCAL SCHOOL PURPOSES


<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td style='text-align: center; word-wrap: break-word;'>Local School District Type (select one):</td><td style='text-align: center; word-wrap: break-word;'>Type II</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>1 Term Bonds</td><td style='text-align: center; word-wrap: break-word;'>[F25]</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>2 Serial Bonds</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(a) Issued</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(b) Authorized but not issued</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>3 Temporary Notes</td><td style='text-align: center; word-wrap: break-word;'>[F61</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(a) Issued</td><td style='text-align: center; word-wrap: break-word;'>[F5]</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(b) Authorized but not issued</td><td style='text-align: center; word-wrap: break-word;'></td></tr></table>

<div style="text-align: center;"><img src="imgs/img_in_image_box_1605_204_2010_884.jpg" alt="Image" width="15%" /></div>


4 Total Bonds and Notes

$ 82,065,973.00

DEDUCTIONS APPLICABLE TO BONDS AND NOTES - FOR SCHOOL PURPOSES

Amounts held or to be held for the sole purpose of paying bonds and notes included above.

Sinking funds on hand for bonds shown as Line 1 but not in excess of such bonds.

funds on hand in those cases where such funds cannot be diverted to purposes other than the payment of bonds and notes included in Line 4.

$



<div style="text-align: center;"><img src="imgs/img_in_image_box_1613_1211_2010_1856.jpg" alt="Image" width="15%" /></div>


Estimated proceeds of bonds and notes authorized but not issued where such proceeds will be used for the sole purpose of paying bonds and notes included in Line 4.

8 % of average of equalized valuations $ 6,567,000,117.00 4.00% $ 262,680,004.68

Use applicable per centum as follows:

2.50% Kindergarten or Grade 1 through Grade 6

3.00% Kindergarten or Grade 1 through Grade 8

3.50% Kindergarten or Grade 1 through Grade 9

4.00% Kindergarten or Grade 1 through Grade 12

9 Additional State School Building Aid Bonds (NJSA 18A:58-33.4(d)) __10 Total Potential Deduction 10 Total Potential Deduction ## Total Allowable Deduction < table border = 1 style = 'margin: auto; word-wrap: break-word;' > < tr > < td style = 'text-align: center; word-wrap: break-word;' ></td><td style='text-align: center; word-wrap: break-word;'>262,680,004.68</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>82,065,973.00</td></tr></table>

===== PAGE 3 =====
## BONDS AND NOTES FOR REGIONAL SCHOOL PURPOSES 1

Regional School District


<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td colspan="2">Regional School District</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>1</td><td style='text-align: center; word-wrap: break-word;'>TERM BONDS</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>2</td><td style='text-align: center; word-wrap: break-word;'>SERIAL BONDS</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(a)</td><td style='text-align: center; word-wrap: break-word;'>Issued</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(b)</td><td style='text-align: center; word-wrap: break-word;'>Authorized but not issued</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>3</td><td style='text-align: center; word-wrap: break-word;'>TEMPORARY BONDS AND NOTES</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(a)</td><td style='text-align: center; word-wrap: break-word;'>Issued</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(b)</td><td style='text-align: center; word-wrap: break-word;'>Authorized but not issued</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>4</td><td style='text-align: center; word-wrap: break-word;'>TOTAL OF REGIONAL SCHOOL BONDS AND NOTES</td></tr></table>

<div style="text-align: center;"><img src="imgs/img_in_chart_box_1692_239_2364_685.jpg" alt="Image" width="26%" /></div>


<div style="text-align: center;"></div>


<div style="text-align: center;">COMPUTATION OF REGIONAL AND/OR CONSOLIDATED SCHOOL DISTRICT DEBT</div>



<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td colspan="3">% OF VALUATIONS APPORTIONED TO EACH MUNICIPALITY</td><td colspan="3">APPORTIONMENT OF DEBT - Dec. 31 2013</td></tr><tr><td rowspan="2">Municipality</td><td style='text-align: center; word-wrap: break-word;'>Average Equalized Valuations</td><td style='text-align: center; word-wrap: break-word;'>%</td><td style='text-align: center; word-wrap: break-word;'>Serial Bonds Issued</td><td style='text-align: center; word-wrap: break-word;'>Temp. Bond-Notes Issued</td><td style='text-align: center; word-wrap: break-word;'>Authorized But not Issued</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>Totals</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0.00%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr></table>

===== PAGE 4 =====
## BONDS AND NOTES FOR REGIONAL SCHOOL PURPOSES 2

Regional School District


<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td colspan="3">Regional School District</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>1</td><td style='text-align: center; word-wrap: break-word;'>TERM BONDS</td><td rowspan="5">「F61</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>2</td><td style='text-align: center; word-wrap: break-word;'>SERIAL BONDS</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>(a) Issued</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>(b) Authorized but not issued</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>3</td><td style='text-align: center; word-wrap: break-word;'>TEMPORARY BONDS AND NOTES</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>(a) Issued</td><td style='text-align: center; word-wrap: break-word;'>[F5]</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>(b) Authorized but not issued</td><td style='text-align: center; word-wrap: break-word;'>[F2]</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>4</td><td style='text-align: center; word-wrap: break-word;'>TOTAL OF REGIONAL SCHOOL BONDS AND NOTES</td><td style='text-align: center; word-wrap: break-word;'>$</td></tr></table>



<div style="text-align: center;">COMPUTATION OF REGIONAL AND/OR CONSOLIDATED SCHOOL DISTRICT DEBT</div>



<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td colspan="3">% OF VALUATIONS APPORTIONED TO EACH MUNICIPALITY</td><td colspan="3">APPORTIONMENT OF DEBT - Dec. 31 2013</td></tr><tr><td rowspan="2">Municipality</td><td style='text-align: center; word-wrap: break-word;'>Average Equalized Valuations</td><td style='text-align: center; word-wrap: break-word;'>%</td><td style='text-align: center; word-wrap: break-word;'>Serial Bonds Issued</td><td style='text-align: center; word-wrap: break-word;'>Temp. Bond-Notes Issued</td><td style='text-align: center; word-wrap: break-word;'>Authorized But not Issued</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>Totals</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>0.00%</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr></table>

===== PAGE 5 =====
# BONDS AND NOTES FOR UTILITY FUND

IV. None  Utility


<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td colspan="2">1. Term bonds</td><td style='text-align: center; word-wrap: break-word;'>$</td></tr><tr><td colspan="2">2. Serial bonds</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(a)</td><td style='text-align: center; word-wrap: break-word;'>Issued</td><td style='text-align: center; word-wrap: break-word;'>$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(b)</td><td style='text-align: center; word-wrap: break-word;'>Authorized but not issue</td><td style='text-align: center; word-wrap: break-word;'>$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>3</td><td style='text-align: center; word-wrap: break-word;'>Bond Anticipation Notes</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(a)</td><td style='text-align: center; word-wrap: break-word;'>Issued</td><td style='text-align: center; word-wrap: break-word;'>$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(b)</td><td style='text-align: center; word-wrap: break-word;'>Authorized but not issued</td><td style='text-align: center; word-wrap: break-word;'>$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>4</td><td style='text-align: center; word-wrap: break-word;'>Capital Notes (N.J.S.A. 40A:2-8)</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(a)</td><td style='text-align: center; word-wrap: break-word;'>Issued</td><td style='text-align: center; word-wrap: break-word;'>$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(b)</td><td style='text-align: center; word-wrap: break-word;'>Authorized but not issued</td><td style='text-align: center; word-wrap: break-word;'>$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>5</td><td style='text-align: center; word-wrap: break-word;'>Other</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(a)</td><td style='text-align: center; word-wrap: break-word;'>Issued</td><td style='text-align: center; word-wrap: break-word;'>$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(b)</td><td style='text-align: center; word-wrap: break-word;'>Authorized but not issued</td><td style='text-align: center; word-wrap: break-word;'>$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>6</td><td style='text-align: center; word-wrap: break-word;'>Total</td><td style='text-align: center; word-wrap: break-word;'>$</td></tr></table>

# DEDUCTIONS APPLICABLE TO BONDS AND NOTES FOR SELF-LIQUIDATING PURPOSES Self-Liquidating Utility Calculation

1. Total Cash Receipts from Fees, Rents or Other Charges for Year

2. Operating and Maintenance Cost

。

3. Debt Service

Interest

(b) Notes

(c) Serial Bonds

(d) Sinking Fund Requirements

- -

- -



4. Debt Service per Current Budget (N.J.S.A. 40A:2-52)

(a) Interest on Refunding Bonds

(b) Refunding Bonds

5. Anticipated Deficit in Dedicated Assessment Budget

$

$

$



6. Total Debt Service

7. Total Deductions (Line 2 plus Line 6)

8. Excess in Revenues (Line 1 minus Line 7)

9. Deficit in Revenues (Line 7 minus Line 1)

$

10. Total Debt Service (Line 6)

11. Deficit (smaller of Line 9 or Line 10)

If Excess in Revenues (Line 8) all Utility Debt is Deductible


<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>-</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>-</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>-</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>-</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>-</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>-</td></tr></table>

(a) Gross None System Debt

(b) Less: Deficit (Capitalized at 5%), (Line 9 or line  S - times 20

(c) Deduction

(d) Plus: Cash held to Pay Bonds and Notes included in 2 (a) above

_____ - (e) Total Deduction (Deficit in revenues)

$

$

(f) NonDeductible Combined GO Debt

===== PAGE 6 =====
# BONDS AND NOTES FOR UTILITY FUND

IV.  None  Utility


<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td colspan="2">1. Term bonds</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td colspan="2">2. Serial bonds</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(a)</td><td style='text-align: center; word-wrap: break-word;'>Issued</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(b)</td><td style='text-align: center; word-wrap: break-word;'>Authorized but not issue</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td colspan="2">3. Bond Anticipation Notes</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(a)</td><td style='text-align: center; word-wrap: break-word;'>Issued</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(b)</td><td style='text-align: center; word-wrap: break-word;'>Authorized but not issued</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td colspan="2">4. Capital Notes (N.J.S.A. 40A:2-8)</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(a)</td><td style='text-align: center; word-wrap: break-word;'>Issued</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(b)</td><td style='text-align: center; word-wrap: break-word;'>Authorized but not issued</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td colspan="2">5. Other</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(a)</td><td style='text-align: center; word-wrap: break-word;'>Issued</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(b)</td><td style='text-align: center; word-wrap: break-word;'>Authorized but not issued</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr><tr><td colspan="2">6. Total</td><td style='text-align: center; word-wrap: break-word;'>$ -</td></tr></table>

# DEDUCTIONS APPLICABLE TO BONDS AND NOTES FOR SELF-LIQUIDATING PURPOSES Self-Liquidating Utility Calculation

1. Total Cash Receipts from Fees, Rents or Other Charges for Year ___. 2. Operating and Maintenance Cost


<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td colspan="3">3. Debt Service</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(a)</td><td style='text-align: center; word-wrap: break-word;'>Interest</td><td style='text-align: center; word-wrap: break-word;'>$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(b)</td><td style='text-align: center; word-wrap: break-word;'>Notes</td><td style='text-align: center; word-wrap: break-word;'>$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(c)</td><td style='text-align: center; word-wrap: break-word;'>Serial Bonds</td><td style='text-align: center; word-wrap: break-word;'>$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(d)</td><td style='text-align: center; word-wrap: break-word;'>Sinking Fund Requirements</td><td style='text-align: center; word-wrap: break-word;'>$</td></tr><tr><td colspan="3">4. Debt Service per Current Budget (N.J.S.A. 40A:2-52)</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(a)</td><td style='text-align: center; word-wrap: break-word;'>Interest on Refunding Bonds</td><td style='text-align: center; word-wrap: break-word;'>$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(b)</td><td style='text-align: center; word-wrap: break-word;'>Refunding Bonds</td><td style='text-align: center; word-wrap: break-word;'>$</td></tr><tr><td colspan="3">5. Anticipated Deficit in Dedicated Assessment Budget</td></tr></table>

3. Anticipated Deficit in Dedicated Assessment Budget

6. Total Debt Service

$ $ -

7. Total Deductions (Line 2 plus Line 6)

8. Excess in Revenues (Line 1 minus Line 7)



.

9. Deficit in Revenues (Line 7 minus Line 1)

10. Total Debt Service (Line 6)



11. Deficit (smaller of Line 9 or Line 10)

If Excess in Revenues (Line 8) all Utility Debt is Deductible


<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>-</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>-</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>-</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>-</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>< /td > < td style = 'text-align: center; word-wrap: break-word;' > - < /td > < /tr > < /table > (a) Gross None__System Debt___

(b) Less: Deficit (Capitalized at 5%), (Line 9 or line 11)

times 20

(c) Deduction

(d) Plus: Cash held to Pay Bonds and Notes included in 2 (a) above

$ $ -

(e) Total Deduction (Deficit in revenues) $

(f) NonDeductible Combined GO Debt

===== PAGE 7 =====
# BONDS AND NOTES FOR UTILITY FUND

IV.  None  Utility

1. Term bonds

2. Serial bonds

(a) Issued

(b) Authorized but not issue

$ $

3 Bond Anticipation Notes

(a) Issued

(b) Authorized but not issued

(a) Issued

(b) Authorized but not issued

5 Other

(a) Issued

(b) Authorized but not issued

6 Total

$

$

$

$

# DEDUCTIONS APPLICABLE TO BONDS AND NOTES FOR SELF-LIQUIDATING PURPOSES Self-Liquidating Utility Calculation

1. Total Cash Receipts from Fees, Rents or Other Charges for Year

2. Operating and Maintenance Cost

3. Debt Service



(a) Interest

(b) Notes

(c) Serial Bonds

(d) Sinking Fund Requirement

(d) Sinking Fund Requirements

4. Debt Service per Current Budget (N.J.S.A. 40A:2-52)

(a) Interest on Refunding Bonds

(b) Refunding Bonds


<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>-</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>-</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>-</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>-</td></tr></table>

5. Anticipated Deficit in Dedicated Assessment Budget

$

$

$



6. Total Debt Service

7. Total Deductions (Line 2 plus Line 6)

8. Excess in Revenues (Line 1 minus Line 7)

9. Déficit in Revenues (Line 7 minus Line 1)

10. Total Debt Service (Line 6)

$ $ -

11. Deficit (smaller of Line 9 or Line 10)

If Excess in Revenues (Line 8) all Utility Debt is Deductible

(a) Gross None System Debt

(b) Less: Deficit (Capitalized at 5%), (Line 9 or line 11)

$ \underline{\qquad} - \underline{\qquad} \) times 20

  times 20


<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>-</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>-</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>-</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>-</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>-</td></tr></table>

$ $ -

(d) Plus: Cash held to Pay Bonds and Notes included in 2 (a) above

(e) Total Deduction (Deficit in revenues)

(f) NonDeductible Combined GO Debt






<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td style='text-align: center; word-wrap: break-word;'>$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td></tr></table>

===== PAGE 8 =====
# BONDS AND NOTES FOR UTILITY FUND

IV. None ___ Utility

1. Term bonds


<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td colspan="3">1. Term bonds</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>2.</td><td colspan="2">Serial bonds</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>(a)</td><td style='text-align: center; word-wrap: break-word;'>Issued</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>(b)</td><td style='text-align: center; word-wrap: break-word;'>Authorized but not issue</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>3</td><td style='text-align: center; word-wrap: break-word;'>Bond Anticipation Notes</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>(a)</td><td style='text-align: center; word-wrap: break-word;'>Issued</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>(b)</td><td style='text-align: center; word-wrap: break-word;'>Authorized but not issued</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>4</td><td style='text-align: center; word-wrap: break-word;'>Capital Notes (N.J.S.A. 40A:2-8)</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>(a)</td><td style='text-align: center; word-wrap: break-word;'>Issued</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>(b)</td><td style='text-align: center; word-wrap: break-word;'>Authorized but not issued</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>5</td><td style='text-align: center; word-wrap: break-word;'>Other</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>(a)</td><td style='text-align: center; word-wrap: break-word;'>Issued</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>(b)</td><td style='text-align: center; word-wrap: break-word;'>Authorized but not issued</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>6</td><td style='text-align: center; word-wrap: break-word;'>Total</td><td style='text-align: center; word-wrap: break-word;'></td></tr></table>

$

# DEDUCTIONS APPLICABLE TO BONDS AND NOTES FOR SELF-LIQUIDATING PURPOSES Self-Liquidating Utility Calculation

1. Total Cash Receipts from Fees, Rents or Other Charges for Year

2. Operating and Maintenance Cost

$

3. Debt Service


<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td style='text-align: center; word-wrap: break-word;'>(a)</td><td style='text-align: center; word-wrap: break-word;'>Interest</td><td style='text-align: center; word-wrap: break-word;'>$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(b)</td><td style='text-align: center; word-wrap: break-word;'>Notes</td><td style='text-align: center; word-wrap: break-word;'>$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(c)</td><td style='text-align: center; word-wrap: break-word;'>Serial Bonds</td><td style='text-align: center; word-wrap: break-word;'>$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(d)</td><td style='text-align: center; word-wrap: break-word;'>Sinking Fund Requirements</td><td style='text-align: center; word-wrap: break-word;'>$</td></tr><tr><td colspan="3">Debt Service per Current Budget (N.J.S.A. 40A:2-52)</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(a)</td><td style='text-align: center; word-wrap: break-word;'>Interest on Refunding Bonds</td><td style='text-align: center; word-wrap: break-word;'>$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(b)</td><td style='text-align: center; word-wrap: break-word;'>Refunding Bonds</td><td style='text-align: center; word-wrap: break-word;'>$</td></tr><tr><td colspan="2">Anticipated Deficit in Dedicated Assessment Budget</td><td style='text-align: center; word-wrap: break-word;'>$</td></tr></table>

5. Anticipated Deficit in Dedicated Assessment Budget

$



6. Total Debt Service

7. Total Deductions (Line 2 plus Line 6)

$ $ -

8. Excess in Revenues (Line 1 minus Line 7)

9. Deficit in Revenues (Line 7 minus Line 1)

10. Total Debt Service (Line 6)

11. Deficit (smaller of Line 9 or Line 10)

If Excess in Revenues (Line 8) all Utility Debt is Deductible


<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>-</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>-</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>-</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>-</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>< /td > < td style = 'text-align: center; word-wrap: break-word;' > - < /td > < /tr > < /table > (a) Gross None____System Debt (b) Less: Deficit (Capitalized at 5%), (Line 9 or line 11) \underline{\text{ - times 20

$ $ -

(c) Deduction

(d) Plus: Cash held to Pay Bonds and Notes included in 2 (a) above

(e) Total Deduction (Deficit in revenues)

(f) NonDeductible Combined GO Debt

$

$

$

大

===== PAGE 9 =====

<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>-</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>-</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>-</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>-</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>-</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>-</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>20,876,000.00</td></tr></table>


<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td style='text-align: center; word-wrap: break-word;'>(1)</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(2)</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(3)</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(4)</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(5)</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>Total s</td></tr></table>

## 3 Total Serial Bonds Issued and Authorized but not Issued

## Total Serial Bonds Authorized but not Issued

<div style="text-align: center;">20,876,000.00</div>



<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td style='text-align: center; word-wrap: break-word;'>(1)</td><td style='text-align: center; word-wrap: break-word;'>Open Space Bonds-2003</td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>1,500,000.00</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(2)</td><td style='text-align: center; word-wrap: break-word;'>General Improvement Bonds Var.-2008</td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>10,302,000.00</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(3)</td><td style='text-align: center; word-wrap: break-word;'>Open Space Bonds-2008</td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>3,119,000.00</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(4)</td><td style='text-align: center; word-wrap: break-word;'>Refunding Bonds-1996/2001 2009</td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>770,000.00</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(5)</td><td style='text-align: center; word-wrap: break-word;'>General Improvement Bonds Var.-2014</td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>5,185,000.00</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(6)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(7)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(8)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(9)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(10)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(11)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(12)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(13)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(14)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(15)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(16)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(17)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(18)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(19)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(20)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(21)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(22)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(23)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(24)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(25)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(26)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(27)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(28)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(29)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(30)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(31)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(32)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(33)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(34)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(35)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(36)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(37)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(38)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(39)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(40)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(41)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(42)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(43)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(44)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(45)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(46)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(47)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(48)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(49)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(50)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(51)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(52)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(53)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(54)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(55)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(56)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(57)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(58)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(59)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(60)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(61)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(62)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(63)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(64)</td><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'></td></tr></table>

(b) Bonds Authorized but not Issued

<div style="text-align: center;">Total Serial Bonds Issued</div>



<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td style='text-align: center; word-wrap: break-word;'>S</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>S</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>S</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>S</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>S</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>S</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>S</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>S</td></tr></table>


<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td style='text-align: center; word-wrap: break-word;'>(1)</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(2)</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(3)</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(4)</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(5)</td></tr></table>

<div style="text-align: center;">Total Term Bonds</div>


1 TERM BONDS (state purposes separately)

===== PAGE 10 =====
## 4 BOND ANTICIPATION NOTES (state purposes separately)

## (a) Issued

<div style="text-align: center;"><img src="imgs/img_in_image_box_315_347_2440_3794.jpg" alt="Image" width="82%" /></div>


Ord 18-13 Various Improve & Capital Equipment

(1) Ord 20-14 Various Improve & Capital Equipment

(2) Ord 20-14 Various Improve & Capital Equipment

(3) Ord 20-14 Various Improve & Capital Equipment

(4) Ord 20-14 Various Improve & Capital Equipment

(5) Ord 20-14 Various Improve & Capital Equipment

(6) Ord 20-14 Various Improve & Capital Equipment

(7) Ord 20-14 Various Improve & Capital Equipment

(8) Ord 20-14 Various Improve & Capital Equipment

(9) Ord 20-14 Various Improve & Capital Equipment

(10) Ord 20-14 Various Improve & Capital Equipment

(11) Ord 20-14 Various Improve & Capital Equipment

(12) Ord 20-14 Various Improve & Capital Equipment

(13) Ord 20-14 Various Improve & Capital Equipment

(14) Ord 20-14 Various Improve & Capital Equipment

(15) Ord 20-14 Various Improve & Capital Equipment

(16) Ord 20-14 Various Improve & Capital Equipment

(17) Ord 20-14 Various Improve & Capital Equipment

(18) Ord 20-14 Various Improve & Capital Equipment

(19) Ord 20-14 Various Improve & Capital Equipment

(20) Ord 20-14 Various Improve & Capital Equipment

(21) Ord 20-14 Various Improve & Capital Equipment

(22) Ord 20-14 Various Improve & Capital Equipment

(23) Ord 20-14 Various Improve & Capital Equipment

(24) Ord 20-14 Various Improve & Capital Equipment

(25) Ord 20-14 Various Improve & Capital Equipment

(26) Ord 20-14 Various Improve & Capital Equipment

(27) Ord 20-14 Various Improve & Capital Equipment

(28) Ord 20-14 Various Improve & Capital Equipment

(29) Ord 20-14 Various Improve & Capital Equipment

(30) Ord 20-14 Various Improve & Capital Equipment

(31) Ord 20-14 Various Improve & Capital Equipment

(32) Ord 20-14 Various Improve & Capital Equipment

(33) Ord 20-14 Various Improve & Capital Equipment

(34) Ord 20-14 Various Improve & Capital Equipment

(35) Ord 20-14 Various Improve & Capital Equipment

(36) Ord 20-14 Various Improve & Capital Equipment

(37) Ord 20-14 Various Improve & Capital Equipment

(38) Ord 20-14 Various Improve & Capital Equipment

(39) Ord 20-14 Various Improve & Capital Equipment

(40) Ord 20-14 Various Improve & Capital Equipment

(41) Ord 20-14 Various Improve & Capital Equipment

(42) Ord 20-14 Various Improve & Capital Equipment

(43) Ord 20-14 Various Improve & Capital Equipment

(44) Ord 20-14 Various Improve & Capital Equipment

(45) Ord 20-14 Various Improve & Capital Equipment

(46) Ord 20-14 Various Improve & Capital Equipment

(47) Ord 20-14 Various Improve & Capital Equipment

(48) Ord 20-14 Various Improve & Capital Equipment

(49) Ord 20-14 Various Improve & Capital Equipment

(50) Ord 20-14 Various Improve & Capital Equipment

(51) Ord 20-14 Various Improve & Capital Equipment

(52) Ord 20-14 Various Improve & Capital Equipment

(53) Ord 20-14 Various Improve & Capital Equipment

(54) Ord 20-14 Various Improve & Capital Equipment

(55) Ord 20-14 Various Improve & Capital Equipment

(56) Ord 20-14 Various Improve & Capital Equipment

(57) Ord 20-14 Various Improve & Capital Equipment

(58) Ord 20-14 Various Improve & Capital Equipment

(59) Ord 20-14 Various Improve & Capital Equipment

Bond Anticipation Notes Issued


<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>1,891,241.00</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>2,080,152.00</td></tr></table>

===== PAGE 11 =====
## 4 BOND ANTICIPATION NOTES (state purposes separately)

(b) Authorized but not issued

<div style="text-align: center;"><img src="imgs/img_in_image_box_333_315_1897_2944.jpg" alt="Image" width="60%" /></div>


(1) Ord 5-15 Refinancing 2008 G/O Bonds  

(2) Ord 5-15 Refinancing 2008 Open Space Bonds  

(3) Ord 21-15 Various Improve & Capital Equipment  

(4) Ord 23-15 Jet Vac & Sweeper-NJEIT  

(5)  

(6)  

(7)  

(8)  

(9)  

(10)  

(11)  

(12)  

(13)  

(14)  

(15)  

(16)  

(17)  

(18)  

(19)  

(20)  

(21)  

(22)  

(23)  

(24)  

(25)  

(26)  

(27)  

(28)  

(29)  

(30)  

(31)  

(32)  

(33)  

(34)  

(35)  

(36)  

(37)  

(38)  

(39)  

(40)  

(41)  

(42)  

(43)  

(44)  

(45)


<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>4,525,000.00</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>2,975,000.00</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>1,886,933.70</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>1,075,000.00</td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'></td><td style='text-align: center; word-wrap: break-word;'></td></tr></table>

===== PAGE 12 =====
OTHER BONDS, NOTES AND LOANS - Page 3b

4 BOND ANTICIPATION NOTES (state purposes separately)

(b) Authorized but not issued (Continued)1 authorized but not issued (Continued)

<div style="text-align: center;"><img src="imgs/img_in_image_box_307_332_2264_2835.jpg" alt="Image" width="76%" /></div>


<div style="text-align: center;"><img src="imgs/img_in_chart_box_306_327_1899_2819.jpg" alt="Image" width="61%" /></div>



<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td style='text-align: center; word-wrap: break-word;'>Bond Anticipation Notes Authorized but not Issued</td><td style='text-align: center; word-wrap: break-word;'>$ 10,461,933.70</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>5 Total Bond Anticipation Notes Issued and Authorized but not Issued</td><td style='text-align: center; word-wrap: break-word;'>$ 14,433,326.70</td></tr></table>

===== PAGE 13 =====
# OTHER BONDS, NOTES AND LOANS - Page 4

# 6 MISCELLANEOUS BONDS, NOTES AND LOANS

(not including Tax Anticipation Notes, Emergency Notes, Special Emergency Notes and Utility Revenue Notes)

## (a) Issued

(1) Capital Notes (N.J.S.A. 40A:2-8)

(2) Bonds issued by another Public Body Guaranteed by the Municipality

(3) Green Trust Loans

(4) Infrastructure Trust

(5)

(6)

(7)



## Miscellaneous Bonds, Notes and Loans Issued

## (b) Authorized but not issued

2023


<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td style='text-align: center; word-wrap: break-word;'>(1)</td><td style='text-align: center; word-wrap: break-word;'>Capital Notes (N.J.S.A. 40A:2-8)</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(2)</td><td style='text-align: center; word-wrap: break-word;'>Bonds issued by another Public Body Guaranteed by the Municipality</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(3)</td><td style='text-align: center; word-wrap: break-word;'><img src="imgs/img_in_image_box_1575_991_1985_1288.jpg" alt="Image"" /></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(4)</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(5)</td><td style='text-align: center; word-wrap: break-word;'></td></tr></table>

大

大

## Miscellaneous Bonds and Notes Authorized but not Issued





歸



## Total Miscellaneous Bonds, Notes and Loans Issued and Authorized but not Issued

$

$

===== PAGE 14 =====
## DEDUCTIONS APPLICABLE TO OTHER BONDS AND NOTES

1. Amounts held or to be held for the sole purpose of paying general bonds and notes included

Sinking funds on hand for term bonds

(a)

<div style="text-align: center;"><img src="imgs/img_in_image_box_570_328_1830_422.jpg" alt="Image" width="49%" /></div>


(1)

$ $ -

Funds on hand (including proceeds of bonds and notes held to pay other bonds and notes), in those cases where such funds cannot be diverted to purposes other than the payment of bonds and notes


<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td style='text-align: center; word-wrap: break-word;'>(1)</td><td style='text-align: center; word-wrap: break-word;'>Reserve for debt service</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(2)</td><td style='text-align: center; word-wrap: break-word;'>Reserve for debt service</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(3)</td><td style='text-align: center; word-wrap: break-word;'></td></tr></table>


<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>1,853,770.57</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>120,413.07</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>-</td></tr></table>

(c)

$1,974,183.64

Estimated proceeds of bonds and notes authorized but not issued where such proceeds will be used for the sole purpose of paying bonds and notes


<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td style='text-align: center; word-wrap: break-word;'>(1)</td><td style='text-align: center; word-wrap: break-word;'>\</td><td style='text-align: center; word-wrap: break-word;'>\</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(2)</td><td style='text-align: center; word-wrap: break-word;'>\</td><td style='text-align: center; word-wrap: break-word;'>\</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(3)</td><td style='text-align: center; word-wrap: break-word;'>\</td><td style='text-align: center; word-wrap: break-word;'>\</td></tr></table>


<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>-</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>-</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>-</td></tr></table>

(d)

Accounts receivable from other public authorities applicable only to the payment of any part of the gross debt not otherwise deductible

$

$

4.830.000.00






<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td style='text-align: center; word-wrap: break-word;'>(1)</td><td style='text-align: center; word-wrap: break-word;'>Open Space Trust(40A:2-44h)</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(2)</td><td style='text-align: center; word-wrap: break-word;'></td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(3)</td><td style='text-align: center; word-wrap: break-word;'></td></tr></table>


<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>4,830,000.00</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>-</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>-</td></tr></table>

2. Bonds authorized by another Public Body to be guaranteed by the municipality

Bonds issued and bonds authorized by not issued to meet cash grants-in-aid for 3. housing authority, redevelopment agency or municipality acting as its local public agency [N.J.S.A. 55:14B-4.1(d)]

4. Bonds issued and bonds authorized but not issued - Capital projects for County Colleges (N.J.S.A. 18A:64A-22.1 to 18A:64A-22.8)

5. Refunding Bonds (N.J.S.A 40A:2-52)

(1) Ord 5-15 2008 G/O Bonds $4,167,000.00

(2) Ord 5-15 2008 Open Space Bds $2,764,000.00

$
$


<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>6,931,000.00</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>$</td><td style='text-align: center; word-wrap: break-word;'>13,735,183.64</td></tr></table>

===== PAGE 15 =====
<div style="text-align: center;"><img src="imgs/img_in_chart_box_435_254_1994_2738.jpg" alt="Image" width="60%" /></div>


Total Bonds and Notes authorized/issued by another Public Body to be guaranteed by the municipality

===== PAGE 16 =====
# SPECIAL DEBT STATEMENT BORROWING POWER AVAILABLE UNDER NJSA 40A:2-7(f)

1. Balance of debt incurring capacity December 31, 2012 (NJSA 40:1-16(d))

$



2. Obligations heretofore authorized during 2013 in excess of debt limitation and pursuant to:

(a) NJSA 40A:2-7, paragraph (d)

(b) NJSA 40A:2-7, paragraph (f)

(c) NJSA 40A:2-7, paragraph (g)

Total

$

< div style = "text-align: center;" > < img src = "imgs/imginimagebox15116101904815.jpg" alt = "Image" width = "15%" / > < /div > 3. Less 2012 authorizations repealed during 2013 \underline{  \_\_\_\_\_\_ \_\_\_\_\_\_ \_\_\_\_\_\_ \_\_\_\_\_\_ \_\_\_\_\_\_ \_\_\_\_\_\_  $



4. Net authorizations during 2013

5. Balance of debt incurring capacity December 31, 2013 (NJSA 40:1-16(d))

$

< div style = "text-align: center;" > < img src = "imgs/imginsealbox189680523211196.jpg" alt = "Image" width = "16%" / > < /div >

$ $ -

===== PAGE 17 =====
1 Capital Leases and Other Comittments


<table border=1 style='margin: auto; word-wrap: break-word;'><tr><td style='text-align: center; word-wrap: break-word;'>(1)</td><td style='text-align: center; word-wrap: break-word;'>$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(2)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(3)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(4)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(5)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(6)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(7)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(8)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(9)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(10)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(11)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(12)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(13)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(14)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(15)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(16)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(17)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(18)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(19)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(20)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(21)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(22)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(23)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(24)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(25)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(26)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(27)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(28)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(29)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(30)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(31)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(32)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(33)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(34)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(35)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(36)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(37)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(38)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(39)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(40)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(41)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(42)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(43)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(44)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(45)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(46)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(47)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(48)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(49)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr><tr><td style='text-align: center; word-wrap: break-word;'>(50)</td><td style='text-align: center; word-wrap: break-word;'>$$</td></tr></table>

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Total Leases and Other Comittments

===== PAGE 18 =====
Guarantees NOT included in Gross Debt - Public and Private

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晉書卷八十四

Total Guarantees NOT included in Gross Debt - Public and Private

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