APPENDIX TO BUDGET STATEMENT
COMPARATIVE STATEMENT OF CURRENT FUND OPERATIONS AND CHANGE IN CURRENT SURPLUS
CURRENT FUND BALANCE SHEET - DECEMBER 31, 2009
ASSETS
Cash and Investments1110100$8,088,317.81
Due from State of N.J. (c.20,P.L.1971)111100013,163.36
Federal and State Grants Receivable1110200
Receivables with Offsetting Reserves:xxxxxxxxxxxxxx.xx
Taxes Receivable11103001,884,658.61
Tax Title Liens Receivable11104001,283,850.20
Property Acquired by Tax Title Lien Liquidation11105006,835,100.00
Other Receivables111060035,767.01
Deferred Charges Required to be in 2010 Budget1110700350,000.00
Deferred Charges Required to be in Budgets Subsequent to 20101110800100,000.00
Total Assets111090018,590,856.99
LIABILITIES.RESERVES AND SURPLUS
*Cash Liabilities21101004,560,994.35
Reserve for Receivables211020010,039,375.82
Surplus21103003,990,486.82
Total Liabilities, Reserves and Surplus18,590,856.99
School Tax Levy Unpaid2220100
Less: School Tax Deferred2220200
*Balance Included in Above "Cash Liabilities"2220300
YEAR 2009YEAR 2008
Surplus Balance, January 1st23101006,119,009.418,010,270.25
Current Revenue On A Cash Basis:
Current Taxes
*(Percentage Collected:2008:98.38%, 2009:98.04%)2310200122,457,384.73120,024,869.46
Delinquent Taxes23103001,619,989.101,540,619.39
Other Revenues and Additions to Income231040011,917,800.7512,582,770.82
Total Funds2310500142,114,183.99142,158,529.92
EXPENDITURES AND TAX REQUIREMENTS:
Municipal Appropriations231060037,839,002.4338,369,042.02
School Taxes (Including Local and Regional)231070069,925,928.0068,888,053.50
County Taxes
(Including Added Tax Amounts)231080023,354,400.2823,128,759.33
Special District Taxes23109006,970,725.495,689,594.46
Other Expenditures and Deductions from Income231100033,640.9789,071.20
Total Expenditures and Tax Requirements2311100138,123,697.17136,164,520.51
Less: Expenditures to be Raised by Future Taxes2311200125,000.00
Total Adjusted Expenditures and Tax Requirements2311300138,123,697.17136,039,520.51
Surplus Balance - December 31st23114003,990,486.826,119,009.41
*Nearest even percentage may be used Proposed Use of Current Fund Surplus in 2009 Budget
Surplus Balance December 31, 200923115003,990,486.82
Current Surplus Anticipated in 2010 Budget23116003,800,000.00
Surplus Balance Remaining2311700190,486.82
(Important: This appendix must be included in advertisement of budget.)
Sheet 39