APPENDIX TO BUDGET STATEMENT

CURRENT FUND BALANCE SHEET - DECEMBER 31, 2008

ASSETS
Cash and Investments1110100$11,802,013.49
Due from State of N.J. (c.20,P.L.1971)111100011,678.43
Federal and State Grants Receivable1110200
Receivables with Offsetting Reserves:xxxxxxxxxxxxxx.xx
Taxes Receivable11103001,753,859.36
Tax Title Liens Receivable11104001,052,482.84
Property Acquired by Tax Title Lien Liquidation11105006,835,100.00
Other Receivables111060039,426.25
Deferred Charges Required to be in 2009 Budget1110700475,000.00
Deferred Charges Required to be in Budgets Subsequent to 20091110800450,000.00
Total Assets111090022,419,560.37
LIABILITIES.RESERVES AND SURPLUS
*Cash Liabilities21101006,886,147.51
Reserve for Receivables21102009,680,868.45
Surplus21103005,852,544.41
Total Liabilities, Reserves and Surplus22,419,560.37
School Tax Levy Unpaid2220100
Less: School Tax Deferred2220200
*Balance Included in Above "Cash Liabilities"2220300

COMPARATIVE STATEMENT OF CURRENT FUND OPERATIONS AND CHANGE IN CURRENT SURPLUS

YEAR 2008YEAR 2007
Surplus Balance, January 1st23101008,010,270.257,183,126.86
Current Revenue On A Cash Basis:
Current Taxes
*(Percentage Collected:2007:98.58%, 2008:98.38%)2310200119,965,323.36119,015,856.51
Delinquent Taxes23103001,540,619.391,492,086.31
Other Revenues and Additions to Income231040012,299,376.4712,034,675.98
Total Funds2310500141,815,589.47139,725,745.66
EXPENDITURES AND TAX REQUIREMENTS:
Municipal Appropriations231060038,369,042.0236,763,045.82
School Taxes (Including Local and Regional)231070068,888,053.5067,524,186.00
County Taxes
(Including Added Tax Amounts)231080023,128,759.3322,375,401.92
Special District Taxes23109005,689,594.465,287,103.47
Other Expenditures and Deductions from Income231100012,595.7515,738.20
Total Expenditures and Tax Requirements2311100136,088,045.06131,965,475.41
Less: Expenditures to be Raised by Future Taxes2311200125,000.00250,000.00
Total Adjusted Expenditures and Tax Requirements2311300135,963,045.06131,715,475.41
Surplus Balance - December 31st23114005,852,544.418,010,270.25

*Nearest even percentage may be used Proposed Use of Current Fund Surplus in 2009 Budget

Surplus Balance December 31, 200823115005,852,544.41
Current Surplus Anticipated in 2009 Budget23116004,850,000.00
Surplus Balance Remaining23117001,002,544.41

(Important: This appendix must be included in advertisement of budget.)

Sheet 39

  • IEXPENDITURES AND TAX REQUIREMENT~: Total Funds Municipal Appropriations 1--::::1 I~ 2310500 I 141,815,589.47 38,369,042.Q2 II, I, 36,763,045.8~ 39,725,745.66
  • Sohoo' T.~ ('"o'od'o. L~.,."d ".10"" County Taxes 1'31""I 66,888,05350J167,524,16S.00
  • Total Assets LIABILITIES.RESERVES ANDilSURPLU~, 111110900 II 22,419,560.37111 ,I Total Evnon""t Other EVMft .....t"_ •• _ ..._11iOio;;t ai'''''' I AI\. <>-- ."'t"................. -- ........... _- ....................... -.-•• , u .....""' .• n .• II -_ • ........-1'1 -- ---' T __ a~ ~ft'" na.....~t'M~ ••~~ 'ftM_n I .,....nnn "'Il:;i'1"'II'1;;l'IIIIIW'II"~ ..,------- II 6,.., I • IV.., II " .,~ ••• nn 136,088,045.06 12,595.75 : 31,965,475.41 15,738.20
  • Reserve for Receivables 1211020o.j 9,680,868.451 Total Adjusted Expenditures and Tax Requirements 2311300 135,963,045.06 r31 ,715,475.41