Beruflich Dokumente
Kultur Dokumente
SFY 1998
NOTE THAT A TRIAL BALANCE IS REQUIRED AND NOT A BALANCE SHEET
POST CLOSING
TRIAL BALANCE - CURRENT FUND
AS OF JUNE 30, 1998
Cash Liabilities Must Be Subtotaled and Subtotal Marked With "C"-Taxes Receivable Must Be Subtotaled
Title of Account Debit Credit
Cash 2,433,513.09
Change Fund 625.00
Subtotal - Cash 2,434,138.09
Due From State of New Jersey 168,218.69
Interfund Receivables:
Subtotal 0.00
Sheet 3
SFY 1998
NOTE THAT A TRIAL BALANCE IS REQUIRED AND NOT A BALANCE SHEET
POST CLOSING
TRIAL BALANCE - CURRENT FUND
AS OF JUNE 30, 1998
Cash Liabilities Must Be Subtotaled and Subtotal Marked With "C"-Taxes Receivable Must Be Subtotaled
Interfunds due to
Assessment Trust 16,928.29
#VALUE! #VALUE!
Sheet 3a
SFY 1998
NOTE THAT A TRIAL BALANCE IS REQUIRED AND NOT A BALANCE SHEET
POST CLOSING
TRIAL BALANCE - SUMMARY CURRENT FUND AND
STATE AND FEDERAL GRANTS
AS OF JUNE 30, 1998
Cash Liabilities Must Be Subtotaled and Subtotal Marked With "C"-Taxes Receivable Must Be Subtotaled
Title of Account Debit Credit
Cash 85001 2,464,340.23
Taxes Receivable 85002 1,720,535.86
Tax Title Leins 85003 572,294.73
Foreclosed Property 85004 136,312.00
Other Receivables 85007 454,684.06
State and Federal Grants Receivable 85006 278,157.94
Emergencies and Deferred Charges 85005 0.00
Sheet 3b
1998
1998
SFY 1998
POST CLOSING
TRIAL BALANCE - PUBLIC ASSISTANCE FUND
Accounts #1 & #2*
AS OF JUNE 30, 1998
191,264.65 191,264.65
*To be prepared in compliance with Department of Human Services Municipal Audit Guide,
Public Welfare, General Assistance Program.
Sheet 4
SFY 1998
POST CLOSING TRIAL BALANCE
FEDERAL AND STATE GRANTS
308,360.08 308,360.08
Sheet 5
SFY 1998
POST CLOSING
TRIAL BALANCE - TRUST FUNDS
(Assessment Section Must Be Separately Stated)
Dog Trust
Cash in Bank 8,163.81
Due from Current Fund
Accounts Payable
Prepaid Dog Licenses 7,150.00
Reserve for Dog License Expenditures 1,013.81
8,163.81 8,163.81
113,636.13 113,636.13
Sheet 6
SFY 1998
POST CLOSING
TRIAL BALANCE - TRUST FUNDS
(Assessment Section Must Be Separately Stated)
AS OF JUNE 30, 1998
Reserve For:
Ewing Drug and Alcohol Alliance 1,916.08
Flood Relief Fund 1,009.00
Payroll Deductions 83,989.41
Collectors Trust 22,707.11
Invest-a-Cop 500.00
Review 36,250.41
Ewing Community Center 809.46
Inspection 184,848.63
Performance 913,395.28
Dedicated Construction 278,606.68
Third Party Inspections 23,911.98
Asset Forfeiture 6,283.58
Revolving Loan 819.63
Recreation 8,114.79
Parking Adjudication 2,593.39
Develpers Escrow 7,508.99
1,602,853.46 1,602,853.46
Sheet 6a
SFY 1998
POST CLOSING
TRIAL BALANCE - TRUST FUNDS
(Assessment Section Must Be Separately Stated)
2,096.72 2,096.72
Sheet 6b
ANALYSIS OF TRUST ASSESSMENT CASH AND INVESTMENTS PLEDGED
LIABILITIES AND SURPLUS
Other Liabilities
Trust Surplus
*Less Assets "Unfinanced" xxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxx xxxxxxxxxx
Sheet 7
ESTMENTS PLEDGED TO SFY 1998
Disbursements Balance
June 30, 1998
xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx
0.00
0.00
xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx
0.00
0.00
23,021,770.09 23,021,770.09
Sheet 8
SFY 1998
CASH RECONCILIATION JUNE 30, 1998
Cash Less Checks Cash Books
*On Hand On Deposit Outstanding Balance
Current 37,799.04 2,448,534.20 52,820.15 2,433,513.09 recreation
payroll
Trust - Dog License 1,176.50 6,987.31 8,163.81 other
Trust - Other 36,136.00 1,663,678.25 118,820.25 1,580,994.00 ded const
Capital - General 300,837.27 3,804.89 297,032.38 p/i
collector
current
Public Assistance ** 10,321.74 183,277.91 2,335.00 191,264.65 review
NJCM
Self Insurance 129,039.28 15,403.15 113,636.13 clerks acct
REQUIRED CERTIFICATION
I hereby certify that all amounts shown in "Cash on Deposit" column on Sheet 9 and 9(a) have been verified with the
I also certify that all amounts, if any, shown for Investments in Savings and Loan Associations on any trial balance have
All "Certificates of Deposit" "Repurchase Agreements" and other investments must be reported as cash and included in
this certification.
CHIEF FINANCIAL OFFICER) depending on who prepared this Annual Financial Statement as certified to on Sheet 1
or Sheet 1a
Signature: Title:
Sheet 9
SFY 1998
CASH RECONCILIATION JUNE 30, 1998 (CONTINUED)
Current
2,448,534.20
Public Assistance
Acct 1 CoreStates A/C #097-165-6 47,063.81
Acct 2 CoreStates A/C #121-496-5 136,214.10
183,277.91
Dog Trust
CoreStates A/C #07-19-199-177 6,987.31
Self Insurance
Self Insurance United Jersey bank A/C 935708294 15,940.56
New Jersey Cash Management A/C 91642 101,705.58
Sheet 9a
SFY 1998
CASH RECONCILIATION JUNE 30, 1998 (CONTINUED)
1,663,678.25
Neighborhood Preservation
NPP CoreStates A/C # 319-964-0 2,055.72
Capital
Capital United Jersey A/C # 935708278 35,707.30
New Jersey Cash Management A/C # 90778 2,021.26
Host Benefits A/C # 610-2157433 263,108.71
300,837.27
Sheet 9b
SFY 1998
CASH RECONCILIATION JUNE 30, 1998 (CONTINUED)
0.00
SFY 1998
MUNICIPALITIES AND COUNTIES
FEDERAL AND STATE GRANTS RECEIVABLE
Balance 1998
Grant July 1, 1997 Budget Revenue Received
Realized
Sheet 10
SFY 1998
Unapprop Balance
Grant Cancelled JUNE 30, 1998
Receipts
0.00
0.00
0.00
7,608.00
0.00
0.00
175,000.00
0.00
0.00
-6,047.79 28,850.00
22,567.00
2,500.00
185.83
140.00
41,307.11
0.00 -6,047.79 278,157.94
SCHEDULE OF APPROPRIATED RESERVES FOR
FEDERAL AND STATE GRANTS
Sheet 11
SCHEDULE OF APPROPRIATED RESERVES FOR
FEDERAL AND STATE GRANTS
Sheet 11-a
SFY 1998
Balance
Expended
Grant Deferred JUNE 30, 1998
Cancelled Charges
76.00
100,000.00 0.00
4,708.46 448.77
4,032.88 11,183.12
9,611.48 0.00
41,874.00 0.00
-100.35 396.14
0.00
189,360.00 0.00
169,907.00 5,093.00
SFY 1998
Balance
Expended
Grant Deferred JUNE 30, 1998
Cancelled Charges
13,898.65
60,000.00 0.00
35,414.93 0.00
0.00
22,567.00 0.00
5,000.00
1,155.00
21,037.40 2,292.71 17,137.72
480.00 45.00
0.08
658,892.80 2,292.71 0.00 54,433.48
SCHEDULE OF UNAPPROPRIATED RESERVES FOR
FEDERAL AND STATE GRANTS
Transferred to 1998
Grant Balance Budget Appropriations Received
July 1, 1997 Budget Appropriation
By 40A:4-87
Sheet 12
SFY 1998
Balance
JUNE 30, 1998
Debit Credit
Debit Credit
Page 13
SFY 1998
Debit Credit
Page 14
SFY 1998
COUNTY TAXES PAYABLE
Debit Credit
Debit Credit
Sheet 15
SFY 1998
STATE LIBRARY AID
RESERVE FOR MAINTENANCE OF FREE PUBLIC LIBRARY WITH STATE AID
Debit Credit
Balance July 1, 1997
State Library Aid Received in 1998
Expended
RESERVE FOR EXPENSE OF PARTICIPATION IN FREE COUNTY LIBRARY WITH STATE AID
Expended
RESERVE FOR AID TO LIBRARY OR READING ROOM WITH STATE AID(N.J.S.A. 40:54-35)
Expended
Expended
Sheet 16
SFY 1998
STATEMENT OF GENERAL BUDGET REVENUES SFY 1998
Debit Credit
Current Taxes Realized in Cash (Total of Item 10 or 14 on Sheet 22) 80108-00 xxxxxxxxxxxxxxxx 48,151,097.01
Amount to be Raised by Taxation xxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxx
Local District School Tax 80109-00 32,805,527.74 xxxxxxxxxxxxxxxx
Vocational School District xxxxxxxxxxxxxxxx
Regional School Tax 80119-00 xxxxxxxxxxxxxxxx
Regional High School Tax 80110-00 xxxxxxxxxxxxxxxx
County Taxes 80111-00 11,216,963.34 xxxxxxxxxxxxxxxx
Due County for Added and Omitted Taxes 80112-00 33,175.87 xxxxxxxxxxxxxxxx
Special District Taxes 80113-00 245,371.71 xxxxxxxxxxxxxxxx
Reserve for Uncollected Taxes 80114-00 xxxxxxxxxxxxxxxx 2,128,660.03
Prepaid County Taxes
Prepaid School Tax 80115-00
Prepaid Fire Tax
Balance for Support of Municipal Budget (or) 80117-00 5,978,718.38
*Deficit Non-Budget Revenue (see footnote) 80118-00 xxxxxxxxxxxxxxxx
50,279,757.04 50,279,757.04
*These items are applicable only when there is no "Amount to be Raised by Taxation" in the "Budget"
column of the statement at the top of this sheet. In such instances, any excess or deficit in the above
allocation would apply to "Non-Budget Revenue" only.
Sheet 17
SFY 1998
STATEMENT OF GENERAL BUDGET REVENUES 1998
(Continued)
Deficit
Sheet 17a
SFY 1998
STATEMENT OF GENERAL BUDGET APPROPRIATIONS SFY 1998
Are not to be shown as "Paid or Charged" in the budget document. In all instances "Total Appropriations" and "Overexpenditures"
must equal the sum of "Total Expenditures" and "Unexpected Balances Canceled"
Sheet 18
SFY 1998
RESULTS OF SFY 1998 OPERATION
CURRENT FUND
Debit Credit
xxxxxxxxxxxxxx
Deferred School Tax Revenue: (see School Taxes, Sheets 13 & 14) xxxxxxxxxxxxxx xxxxxxxxxxxxxx
Balance July 1, 1997 80013-07 xxxxxxxxxxxxxx
Balance JUNE 30, 1998 80013-08 xxxxxxxxxxxxxx
Deficit in Anticipated Revenues: xxxxxxxxxxxxxx xxxxxxxxxxxxxx
Miscellaneous Revenues Anticipated 80013-09 378,821.35 xxxxxxxxxxxxxx
Delinquent Tax Collections 80013-10 xxxxxxxxxxxxxx
xxxxxxxxxxxxxx
Required Collection of Current Taxes 80013-11 xxxxxxxxxxxxxx
Interfund Advances Originating in SFY 1998 80013-12 19,881.97 xxxxxxxxxxxxxx
Sheet 19
SFY 1998
SCHEDULE OF MISCELLANEOUS REVENUES
NOT ANTICIPATED
AMOUNT
SOURCE REALIZED
Sheet 20
SFY 1998
SURPLUS - CURRENT FUND
SFY 1998
Debit Credit
Sub-total 2,434,138.09
Deduct Cash Liabilities Marked with "C" on Trial Balance 80014-08 815,581.72
Cash Surplus 80014-09 1,618,556.37
Deficit in Cash Surplus 80014-10 ( )
Other Assets Pledged to Surplus: *
80014-16
(1) Due from State of NJ Senior Citizens & Veterans Deduction 168,218.69
Deferred Charges 80014-12
Cash Deficit # 80014-13
NOTE: Deferred charges for authorizations under N.J.S. 40A:4-55 (Tax Map, etc.), N.J.S. 40A:4-55 (Flood Damage, etc.),
N.J.S. 40A:4-55.1 (Roads and Bridges, etc.) and N.J.S. 40A:4-55.13 (Public Exigencies, etc.) to the extent of emergency notes issued
and outstanding for such purposes, together with such emergency notes, may be omitted from this analysis.
Sheet 21
)
(FOR MUNICIPALITIES ONLY)
CURRENT TAXES - 1998 LEVY
1. Amount of Levy as per Duplicate (Analysis) # 82101-00 49,532,203.50
or
(Abstract of Ratables) 82113-00
Sheet 22
SFY 1998
SCHEDULE OF DUE FROM/TO STATE OF NEW JERSEY
FOR SENIOR CITIZENS AND VETERANS DEDUCTIONS
Debit Credit
Line 2 324,500.00
Line 3 0.00
Line 4 5,052.69
Sub-Total 329,552.69
Less: Line 7 18,875.00
To Item 10, Sheet 22 310,677.69
Sheet 23
SFY 1998
SCHEDULE OF RESERVE FOR TAX APPEALS PENDING-
N.J. DIVISION OF TAX APPEALS (N.J.S.A. 54:3-27)
DEBIT CREDIT
Cash Paid to Appelants (Including 5% Interest from Date Payment) 22,439.56 xxxxxxxxxxxxxxxx
Closed to Results of Operations (Portion of Appeal won by Municipality, including Interest) xxxxxxxxxxxxxxxx
License # Date
Sheet 24
xxxxxxxxxxx
xxxxxxxxxxx
xxxxxxxxxxx
SFY 1998
COMPUTATION OF APPROPRIATION:
RESERVE FOR UNCOLLECTED TAXES AND
AMOUNT TO BE RAISED BY TAXATION
IN SFY 1999 MUNICIPAL BUDGET
SFY 1999 SFY 1998
1. Total General Appropriations for SFY 1999 Municipal Budget Statement Item 8 (L)
(Exclusive of Reserve for Uncollected Taxes) 80015- 28,438,993.40 xxxxxxxxxxxxxxxx
2. Local District School Tax-School Budget Billing 7/1 - 12/31
80016- 34,575,818.00
Billing 1/1 - 6/30**
80017- xxxxxxxxxxxxxxxx
3. Vocational School Tax Billing 7/1 - 12/31
Billing 1/1 - 6/30* xxxxxxxxxxxxxxxx
4. Regional School District Tax Billing 7/1 - 12/31
Billing 1/1 - 6/30* xxxxxxxxxxxxxxxx
5. Regional High School Tax-School Budget Billing 7/1 - 12/31
80018-
Billing 1/1 - 6/30*
80019- xxxxxxxxxxxxxxxx
6. County Tax Billing 7/1 - 12/31
80020- 11,429,318.28
Billing 1/1 - 6/30*
80021- xxxxxxxxxxxxxxxx
7. Special District Taxes Billing 7/1 - 12/31
80022-
Billing 1/1 - 6/30*
80023- xxxxxxxxxxxxxxxx
8. Total General Appropriations & Other Taxes 80024-01 74,444,129.68
9. Less: Total Anticipated Revenues from SFY 1999 in Municipal Budget80024-02
(Item 5) 24,388,826.77
10. Cash Required from SFY 1998 1998 Taxes to Support Local Municipal Budget &
Other Taxes 80024-03 50,055,302.91
11. Amount of Item 10 Divided by 97.00% [820024-04] 51,603,405.06
Equals Amount to be Raised by Taxation (Percentage used must not exceed the
applicable percentage shown by Item 13, Sheet 22) 80024-05
Analysis of Item 11: Local District School Tax * May not be stated in an amount less than
(Amount Shown on Line 2 Above) 34,575,818.00 "actual" Tax of year SFY 1998.
Vocational School Tax (Amount Shown on LIne 3 Above) ** Must be stated in the amount of the
Regional School District Tax (Amount Shown on Line 4 Above) proposed budget submitted by the Local Board
Regional High School Tax (Amount Shown on Line 5 Above) of Education to the Commissioner of
County Tax (Amount Shown on Line 6 Above) 11,429,318.28 Education on January 15, 1994
Special District Tax (Amount Shown on Line 7 Above) 0.00 (Chap.136, P.L. 1978). Consideration
Sheet 25
Y 1998
xxxxxxxxxxxx
xxxxxxxxxxxx
xxxxxxxxxxxx
xxxxxxxxxxxx
xxxxxxxxxxxx
xxxxxxxxxxxx
xxxxxxxxxxxx
e Local Board
e: The amount
nues (Item 9)
ed the total
ems 1 & 12.
SFY 1998
SCHEDULE OF DELINQUENT TAXES AND TAX TITLE LIENS
DEBIT CREDIT
Sheet 26
SFY 1998
SCHEDULE OF FORECLOSED PROPERTY
(PROPERTY ACQUIRED BY TAX TITLE LIEN LIQUIDATION)
DEBIT CREDIT
CONTRACT SALES
DEBIT CREDIT
15. Balance July 1, 1997 84115-00 xxxxxxxxxxxxxxxx
16. 1998 Sales from Foreclosed Property 84116-00 xxxxxxxxxxxxxxxx
17. Collected * 84117-00 xxxxxxxxxxxxxxxx
18. 84118-00 xxxxxxxxxxxxxxxx
19. Balance JUNE 30, 1998 84119-00 xxxxxxxxxxxxxxxx
MORTGAGE SALES
DEBIT CREDIT
20. Balance July 1, 1997 84120-00 xxxxxxxxxxxxxxxx
21. SFY 1998 Sales from Foreclosed Property 84121-00 xxxxxxxxxxxxxxxx
22. Collected * 84122-00 xxxxxxxxxxxxxxxx
23. 84123-00 xxxxxxxxxxxxxxxx
24. Balance JUNE 30, 1998 84124-00 xxxxxxxxxxxxxxxx
Analysis of Sale of Property: $
*Total Cash Collected in SFY 1998 (84125-00)
Realized in SFY 1998 Budget
To Results of Operation (Sheet 19)
Sheet 27
SFY 1998
DEFERRED CHARGES
- MANDATORY CHARGES ONLY -
CURRENT, TRUST, AND GENERAL CAPITAL FUNDS
(Do not include the emergency authorizations pursuant to N.J.S. 40A:4-55,
N.J.S. 40A:4-55.1 or N.J.S. 40A:4-55.13 listed on Sheets 29 and 30)
Amount Amount in Amount Balance
Caused By June 30, 1997 per SFY 1998 Resulting from as at
Audit Report Budget SFY 1998 JUNE 30, 1998
1. Emergency Authorization -
Municipal* 0
2. Emergency Authorizations -
Schools
3. Deficit in Developers Trust Fund 0
4. 0
5. OE Improvment Authorization 0
6. OE 1994 Appropr. Reserves 0
7. O/E of Grants 0
8. O/E of Budget Appropriation 149,438 149,438 0
9. $ #VALUE!
10. 149,438 149,438 0 #VALUE!
* Do not include items funded or refunded as listed below.
Sheet 28
N.J.S. 40A:4-55 SPECIAL EMERGENCY - TAX MAP; REVALUATION; MASTER PLAN; REVISION AND CODIFICATION
FOR FLOOD CONTROL; PRELIMINARY ENGINEERING STU
MUNICIPAL CONSOLIDATION ACT; FLOOD OR HURRICANE
Amount Not Less Than
Date Purpose Authorized 1/5 of Amount Balance
Authorized * 06/30/96
0.00
80025-00
It is hereby certified that al outstanding' Special Emergency" appropriations have been adopted by the governing body i
40A:4-55.1 et seq. and NJS 40A:4-55.13 et seq. and are recorded on this page
* Not less than one-fifth (1/5) of amount authorized but not more than the amount shown in the column "Balance June 3
and then raised in the SFY 1998 budget.
Sheet 29
SFY 1998
D CODIFICATION OF ORDINANCES; DRAINAGE MAPS
INEERING STUDIES, ETC. FOR SANITARY SEWER SYSTEM;
OR HURRICANE DAMAGE.
REDUCED IN SFY 1998
By SFY 1998 Canceled Balance
Budget by Resolution JUNE 30, 1998
0.00
80026-00
It is hereby certified that al outstanding' Special Emergency" appropriations have been adopted by the governing body i
40A:4-55.1 et seq. and NJS 40A:4-55.13 et seq. and are recorded on this page
* Not less than one-third (1/3) of amount authorized but not more than the amount shown in the column "Balance June 30, 1998" must be entered here and then raised in th SFY 1998 budge
Sheet 30
SFY 1998
GES BY SNOW, ICE, FROST OR FLOOD
DISTURBANCES
REDUCED IN SFY 1998
By SFY 1998 Canceled Balance
Budget by Resolution JUNE 30, 1998
0.00
0.00
Sheet 31
SFY 1998
SCHEDULE OF BONDS ISSUED AND OUTSTANDING
AND SFY 1998 DEBT SERVICE FOR BONDS N/A
Total 80035-
SFY 1998 INTEREST REQUIREMENT - CURRENT FUND DEBT ONLY
1. Emergency Notes 80036- $ $
2. Special Emergency Notes 80037- $ $
3. Tax Anticipation Notes 80038- $ $
4. Interest on Unpaid State & County Taxes 80039- $ $
5. $ $
6. $ $
Sheet 32 N/A
DEBT SERVICE FOR NOTES (OTHER THAN ASSESSMENT NOTES)
Memo: Designate all "Capital Notes" issued under N.J.S. 40A:2-8(b) with "C". Such notes must be retired at the rate
at the
ofrate
20%of 20% of the original amount issued annually.
Memo: Type 1 School Notes should be separately listed and totaled.
* "Original Date of Issue" refers to the date when the first money was borrowed for a particular improvement, not the renewal date of subsequent notes which were issued.
All notes with an original date of issue of 1990 or prior require one legally payable installment to be budgeted if it is contemplated that such notes will be renewed in SFY
written intent of permanent financing submitted with statement.
** If interest on notes is financed by ordinance, designate same, otherwise an amount must be included in this column.
Sheet 33
MENT NOTES)
Interest
SFY 1999 Budget Requirement
For Principal For Interest Computed to
** (insert
date)
23,393.88 10/23/98
19,000.00 8/5/98
77,776.00 118,945.90
80051-01 80051-02
ued annually.
Sheet 34
NOTES SFY 1998
80051-01 80051-02
Construction of Recreation/
Maintenance building and park
improvements
Sheet 35
SFY 1998
944.90
21,429.45 3,303.33
61,099.40 157,051.46
608,675.84 391,324.16
List by Improvements - Direct Charges Made for Preliminary Costs: xxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxx
Appropriated to Finance Improvement Authorizations 80031-04 50,000.00 xxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxx
Balance JUNE 30, 1998 80031-05 8.00 xxxxxxxxxxxxxxxx
50,008.00 50,008.00
* The full amount of the SFY 1998 budget appropriation should be transferred to this account unless the
balance of the appropriation is to be permitted to lapse.
Sheet 36
SFY 1998
GENERAL CAPITAL FUND
SCHEDULE OF DOWN PAYMENTS ON IMPROVEMENTS
Debit Credit
Balance July 1, 1997 80030-01 xxxxxxxxxxxxxxxx
Received from SFY 1998 Budget Appropriation * 80030-02 xxxxxxxxxxxxxxxx
Received from SFY 1998 Emergency Appropriation * 80030-03 xxxxxxxxxxxxxxxx
* The full amount of the 1998 appropriation should be transferred to this account unless the balance of the
appropriation is permitted to lapse.
NOTE - Where amount in column "Down Payment Provided by Ordinance" is LESS than 5% of amount
in column "Total Obligations Authorized", explanation must be made part of or attached to this sheet.
Sheet 37
SFY 1998
GENERAL CAPITAL FUND
STATEMENT OF CAPITAL SURPLUS
SFY 1998
Debit Credit
Balance July 1, 1997 80029-01 xxxxxxxxxxxxxxxx 8,367.51
Premium on Sale of Bonds xxxxxxxxxxxxxxxx 100.00
Funded Improvement Authorizations Canceled xxxxxxxxxxxxxxxx
Sheet 38
ttached hereto.
MUNICIPALITIES ONLY SFY 1998
IMPORTANT!!
This Sheet Must Be Completely Filled in or the Statement Will Be Considered Incomplete
(N.J.S.A.52:27BB-55 as Amended by Chap. 211, P.L. 1981)
A.
1. Total Tax Levy for the Year SFY 1998 was $ 49,632,327.01
2. Amount of Item 1 Collected in SFY 1998 (*) $ 48,151,097.01
3. Seventy (70) percent of Item 1 $ 34,742,628.91
(*) Including prepayments and overpayments applied.
B.
1. Did any maturities of bonded obligations or notes fall due during the year SFY 1998 ?
Answer YES or NO YES
2. Have payments been made for all bonded obligations or notes due on or before
JUNE 30, 1998?
Answer YES or NO YES
D.
1. Cash Deficit SFY 1997 $
2. 4% of SFY 1997 Tax Levy for all purposes:
Levy -- $ = $
3. Cash Deficit SFY 1998 $
4. 4% of SFY 1998 Tax Levy for all purposes:
Levy -- $ = $
Sheet 39