You are on page 1of 50

NOTE THAT A TRIAL BALANCE IS REQUIRED AND NOT A BALANCE SHEET

POST CLOSING SFY04


TRIAL BALANCE - CURRENT FUND
AS OF JUNE 30, 2004

Cash Liabiities Must Be Subtotaled and Subtotal Must Be Marked With "C" -- Taxes Receivable Must Be Subtotaled

Title of Account Debit Credit

ASSETS
Cash and Cash Equivalents 713,813.12
Real Estate Taxes Receivable 290,743.86
Tax Title Liens Receivable 300,226.95
Property Acquired for Taxes 965,600.00
Sewer Service Charges Receivable 64,691.38
Interfund Receivable - Grant Fund 99,641.55
Interfund Receivable - Capital Fund 133,699.93
Interfund Receivable - Dedicated Construction 128,976.08
Interfund Receivable - Self Insurance Trust 150.59
Interfund Receivable - Other Trust 2,937.00
Interfund Receivable - Dog License Trust 5,895.21
Interfund Receivable - Performance and Inspection Fee Trust 10,819.60
Interfund Receivable - Review Fees Trust 641.61
Deferred Charge-Overexpenditures 1,596,575.73
Deferred Charge-Appropriation Reserve Overexpenditures 10,766.19
Emergency Authorizations 1,041,970.22
Due from State of NJ - Senior & Vet Deduction 591,250.00

LIABILITIES
Appropriation Reserves 152,515.98
Reserve for Encumbrances 514,183.59
Due ETRA 200.00
Due to State of NJ - Marriage License 3,368.00
Tax Overpayments 20,021.77
Sewer Overpayments 12,140.61
Prepaid Taxes 61,509.80
Prepaid Sewer 195,671.81
Interfund Payable - Payroll Trust 65,739.95
Interfund Payable- Assessment Trust 8,114.27
Interfund Payable - Recreation Commission 586.00
Subtotal Cash Liabilities 1,034,051.78

Reserve for Receivables 2,004,023.76

FUND BALANCE
Fund Balance 2,920,323.48

Total 5,958,399.02 5,958,399.02

(Do Not Crowd - add additional sheets)

Sheet 3
NOTE THAT A TRIAL BALANCE IS REQUIRED AND NOT A BALANCE SHEET
POST CLOSING SFY04
TRIAL BALANCE - CURRENT FUND AND
STATE AND FEDERAL GRANTS
AS OF JUNE 30, 2004

Cash Liabiities Must Be Subtotaled and Subtotal Must Be Marked With "C" -- Taxes Receivable Must Be Subtotaled

Title of Account Debit Credit

Cash & Investments 85001 887,348.81


Expenditure Control 223,567.86
Taxes Receivable 85002 290,743.86
Tax Title Liens 85003 300,226.95
Forclosed Property 85004 965,600.00
Other Receivables 85007 1,038,702.95
State and Federal Grants Receivable 85006 1,611,355.67
Emergencies and Deferred Charges 85005 2,649,312.14

Total Assets 85008 7,966,858.24

Cash Liabilities 85009 3,042,511.00


Reserve for Receivables 85010 2,004,023.76
Fund Balance 85011 2,920,323.48

Total Liabilities, Reserves and Fund Balance 85012 7,966,858.24

TOTALS 7,966,858.24 7,966,858.24


(Do Not Crowd - add additional sheets)

Sheet 3a
POST CLOSING SFY04
TRIAL BALANCE - PUBLIC ASSISTANCE FUND
Accounts #1 & #2*
AS OF JUNE 30, 2004

Title of Account Debit Credit

Cash in Bank 1,534.45

Reserve for Public Assistance 1,534.45

1,534.45 1,534.45

(Do Not Crowd - add additional sheets)

*To be prepared in compliance with Department of Human Services Municipal Audit Guide, Public Welfare, General Assistance Program.

Sheet 4
POST CLOSING SFY04
TRIAL BALANCE - FEDERAL AND STATE FUNDS
AS OF JUNE 30, 2004

Title of Account Debit Credit

Cash 173,535.69
Grants Receivable 1,611,355.67
Expenditure Control (to be identified at audit) 223,567.86

Due To Current Fund 99,641.55


Due To Capital Fund 9,178.00
Reserve for State and Federal Grants 1,880,111.05
Grant Encumbrances 19,528.62

2,008,459.22 2,008,459.22

(Do Not Crowd - add additional sheets)

Sheet 5
POST CLOSING SFY04
TRIAL BALANCE - TRUST FUNDS
(Assessment Section Must Be Separately Stated)
(INCLUDE PAYROLL FUND)
AS OF JUNE 30, 2004

Title of Account Debit Credit

Assessment Trust
Due from Current Fund 8,114.27

Reserve for Assessments and Liens 2,568.05


Assessment Overpayment 25.00
Fund Balance 5,521.22
8,114.27 8,114.27

Dog Trust
Cash in Bank 14,797.61

Reserve for Encumbrances 50.00


Due to Current Fund 5,895.21
Due to State of NJ 2,531.16
Reserve for Dog License Expenditures 6,321.24
14,797.61 14,797.61

Self Insurance Trust


Cash 64,753.68
Due from Inservco Acct 1,041.61
Escrow with PMA Insurance 26,291.49

Reserve for Encumbrances 11,605.60


Due to Current Fund 150.59
Reserve for:
Unemployment 4,006.50
Worker's Compensation 106,786.02
Self Insurance 30,461.93
122,548.71 122,548.71

Payroll
Cash 165,434.40
Due From Current Fund 65,739.95
Eastern Dental 1,670.88
Police & Fire Retirement System (PFRS) Payable 161,322.46
PERS - Supplemental Annuity Payable 632.34
PERS - Contiributory Insurance Payable 5,918.69
Public Employees Retirement System (PERS) Payable 58,559.09
Delaware United Way Payable 853.28
State Credit Union Payable 1,536.00
Net Payroll 4,023.37
232,845.23 232,845.23

(Do Not Crowd - add additional sheets)

Sheet 6 (1 of 3)
POST CLOSING SFY04
TRIAL BALANCE - TRUST FUNDS (Continued 2 of 3)
(Assessment Section Must Be Separately Stated)
(INCLUDE PAYROLL FUND)
AS OF JUNE 30, 2004

Title of Account Debit Credit

Recreation Trust
Cash 20,798.82
Due From Current Fund 586.00

Reserve for Encumbrances 5,666.44


Reserve for Recreation Commission 15,718.38
21,384.82 21,384.82
Dedicated Construction Trust
Cash in Bank 681,648.17
Reserve for 3rd Party Inspections 6,190.40

Due to Current Fund 128,976.08


Reserve for Encumbrances 37,264.83
Reserve for Developers Escrow 15,645.79
Reserve for Dedicated Construction 505,951.87
687,838.57 687,838.57
Other Trust
Cash 177,156.59
Reserve for ECC Expenditures 19,601.17
Reserve for Other Trust 21,248.43
Due from Other Trust to Asset Forefeiture 10,214.23

Due to Asset Forefeiture from Other Trust 9,969.23


Reserve for Encumbrances 2,282.09
Due to Current Fund 2,937.00
Due to Grant Fund 31,774.00
Reserve for:
Flood Relief Fund 109.00
Revolving Loan 5,224.81
Asset Forfeiture 20,085.55
Invest A Cop 500.00
Parking Adjudication 2,341.11
EDAC Purposes 2,206.08
Right of Way Access 1,000.00
Affordable Housing Development Fees 149,166.55
Scoreboard Donation 625.00
228,220.42 228,220.42
Escrow Review Fees
Cash 97,115.55

Due From Current Fund 641.61


Reserve for Developers Review Fees 96,473.94
97,115.55 97,115.55

(Do Not Crowd - add additional sheets)

Sheet 6 (2 of 3)
POST CLOSING SFY04
TRIAL BALANCE - TRUST FUNDS (Continued 3 of 3)
(Assessment Section Must Be Separately Stated)
(INCLUDE PAYROLL FUND)
AS OF JUNE 30, 2004

Title of Account Debit Credit

Performance Inspection Escrow


Cash 2,157,058.52

Due From Current Fund 10,819.60


Due to Capital Fund 5,000.00
Reserve for Performance/ Inspection 2,141,238.92
2,157,058.52 2,157,058.52
Police Off Duty Employment Trust
Cash 27,833.71
Reserve for Police Off Duty Employment 27,833.71
27,833.71 27,833.71

(Do Not Crowd - add additional sheets)

Sheet 6 (3 of 3)
ANALYSIS OF TRUST ASSESSMENT CASH AND INVESTMENTS SFY04
PLEDGED TO LIABILITIES AND SURPLUS

Title of Liability to which Audit RECEIPTS


Cash and Investments Balance Assessments Current Additions Disbursements Balance
are Pledged 6/30/03 and Liens Budget 06/30/04
Assessment Serial Bond Issues: xxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx
Sheet 7

Assessment Bond Anticipation Note Issues: xxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxx


xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx
0.00

Other Liabilities 25.00 25.00


Trust Surplus 8,089.27 8,089.27
*Less Assets "Unfinanced" xxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx

Due from Current Fund (8,114.27) (8,114.27)


0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00


*Show as red figure
POST CLOSING SFY04
TRIAL BALANCE - GENERAL CAPITAL FUND
AS OF JUNE 30, 2004

Title of Account Debit Credit

Est. Proceeds Bonds and Notes Authorized 1,963,500.00


Bonds and Notes Authorized but Not Issued 1,963,500.00
Cash in Bank 2,395,530.38

Due from Grant Fund 9,178.00


Due From Performance and Inspection Escrow Trust 5,000.00
Grant Receiveable From Infrastructure Trust 422,628.00
Deferred Charges to Future Taxes:
Funded 22,992,071.00
Unfunded 7,236,000.00
Bond Anticipation Notes 5,272,500.00
Green Acres Loan Payable 943,653.00
NJ Infrastructure Loan Payable 3,599,418.00
Serial Bonds 18,449,000.00
Reserve for Encumbrances 716,394.89
Due to Current Fund 133,699.93
Reserve for Accrued Interest 7,121.73
Capital Improvement Fund 0.00
Improvement Authorizations - Funded 1,627,134.06
Improvement Authorizations - Unfunded 2,269,782.70
Fund Balance 41,703.07

35,023,907.38 35,023,907.38

(Do not crowd - add additional sheets)

Sheet 8
CASH RECONCILIATION JUNE 30, 2004 SFY04
Cash Less Checks Cash Books
*On Hand On Deposit Outstanding Balance
Current 565,567.24 503,734.14 355,488.26 713,813.12

State and Federal Grants 299.08 188,864.05 15,627.44 173,535.69

General Capital 2,632,726.98 237,196.60 2,395,530.38

Dedicated Construction 689,644.86 7,996.69 681,648.17

Self Insurance 1,041.61 66,358.80 2,646.73 64,753.68

Trust - Other 178,628.42 1,471.83 177,156.59

Trust - Dog License 3,482.90 11,386.11 71.40 14,797.61

Collector's Trust 27,276.87 1,622,057.09 902,464.11 746,869.85

Payroll Trust 196,740.48 31,306.08 165,434.40

Recreation Trust 352.50 20,645.70 199.38 20,798.82

Escrow Review Fees Trust 99,315.55 2,200.00 97,115.55

Performance Inspection Escrow 2,178,209.80 21,151.28 2,157,058.52

Public Assistance ** 1,534.45 1,534.45

Police Off Duty Employment 27,833.71 27,833.71

Total 598,020.20 8,417,680.14 1,577,819.80 7,437,880.54


* Include Deposits In Transit
** Be sure to include a Public Assistance Account reconciliation and trial balance if the municipality maintains such a bank accoun

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
applicable bank statements, certificates, agreements or passbooks at JUNE 30, 2004.

I also certify that all amounts, if any, shown for Investments in Savings and Loan Associations on any trial balance
have been verified with the applicable passbooks at JUNE 30, 2004.

All "Certificates of Deposit" "Repurchase Agreements" and other investments must be reported as cash and
included in this certification.

THIS MUST BE SIGNED BY THE REGISTERED MUNICIPAL ACCOUNTANT (STATUTORY AUDITOR) OR


CHIEF FINANCIAL OFFICER) depending on who prepared this Annual Financial Statement as certified to on Sheet
1 or 1 (a).

Signature: Title:

Sheet 9
CASH RECONCILIATION JUNE 30, 2004 (cont'd.) SFY04
LIST BANKS AND AMOUNTS SUPPORTING "CASH ON DEPOSIT"

Current
Commerce A/C # 5426106 417,834.23
New Jersey Cash Management A/C # 171-000090670 2,416.39
Sovereign A/C # 079111246 5,975.45
Clerk
Commerce A/C # 5424130 77,508.07
503,734.14
State and Federal Grants
Wachovia A/C # 2014090897709 188,864.05

General Capital
Bank of America A/C # 0935708278 2,613,274.04
New Jersey Cash Management A/C # 171-000090778 19,452.94
2,632,726.98
Dedicated Construction Trust
Wachovia A/C # 200009711107 689,350.02
Sovereign A/C # 0791143910 189.04
Bank of America A/C # 0935708286 105.80
689,644.86
Self Insurance Trust
New Jersey Cash Management A/C # 171-000091642 155.09
Bank of America A/C # 0935708294 63,313.53
Worker's Compensation - Inservco Trustee
Wachovia A/C # 2100012149763 2,890.18
66,358.80
Other Trust
Asset Forefeiture Trust Commerce A/C # 7856593111 20,236.55
Affordable Housing Trust Sovereign A/C # 0791144038 152,141.55
Other Trust Sovereign A/C # 0791144011 5,625.32
Township of Ewing Scoreboard Donation Sovereign A/C # 0791154815 625.00
178,628.42
Municipal Dog License
Commerce A/C # 5424122 11,386.11

Tax Collector's Trust


Wachovia A/C # 2002004856625 1,622,057.09

Payroll
Commerce A/C # 5424114 196,740.48

Recreation Commission
Sovereign A/C # 0791128733 20,645.70

Escrow Review Fees


Bank of America A/C # 0999082930 99,315.55

Performance and Inspection Trust


Bank of America A/C # 0999082922 2,178,209.80

Public Assistance Trust - I


Wachovia A/C # 2100009716565 1,534.45

Police Off Duty Employment


Bank of America A/C # 0999759441 27,833.71

Note: Sections N.J.S. 40A:4-62 and 40A:4-63 of the Local Budget Law require that separate bank accounts be maintained
for each allocated fund.

Sheet 9 a
MUNICIPALITIES AND COUNTIES SFY04
FEDERAL AND STATE GRANTS RECEIVABLE

Balance 2005 Chapter 159's Chapter 159's Balance


Grant June 30, 2003 Budget Revenue Received filed not filed June 30, 2004
Realized in FY 2004 in FY 2004
Aggressive Driver 4,320.00 - 4,320.00
All Hazards Planning Grant (SLAEHOP) - 2,405.72 2,405.72 -
Body Armor Replacement Fund - 7,906.45 7,906.45 -
Clean Communities Grant 26,037.02 31,215.79 49,662.50 7,590.31
Cops in Shops 419.72 - 3,500.00 3,919.72
COPS Universal Hiring Grant 50,000.00 100,000.00 100,000.00 50,000.00
Drunk Driving Enforcement Fund - 2,984.37 6,312.47 3,328.10
Domestic Preparedness - 21,357.18 21,979.58 622.40
DOT Liveable Communities 150,000.00 61,362.26 88,637.74
DOT Safe Streets to Schools - 74,000.00 - 74,000.00
Sheet 10

Emergency Management Assistance 553.15 5,000.00 5,000.00 19,400.00 19,953.15


FEMA Hazard Mitigation 121,976.00 - 121,976.00
Hazardous Waste Discharge 2,000.00 - 2,000.00
Housing UJIMA 835,250.00 659,750.00 175,500.00
Liveable Communities 26,852.00 26,852.00 -
Local law Enforcement Block Grant - 19,935.00 19,935.00 -
Mercer County Neighborhood Redevelopment 45,000.00 - 45,000.00
Municipal Alliance Grant 20,121.00 30,637.00 34,560.00 24,044.00
NJ Manufacturers EMS Grant - - 1,000.00 1,000.00
NJ Transportation Trust 204,757.53 175,000.00 250,382.98 200,000.00 329,374.55
NJDLPS Homeland Security 29,000.00 - 29,000.00
Recreation for People with Disabilities - 2,625.00 7,500.00 4,875.00
Public Health Priority Funding - 19,230.00 19,678.00 (448.00)
Safe and Secure - 60,000.00 - 60,000.00
Safe Schools and Communities Program 55,000.00 60,000.00 41,446.00 73,554.00
Small Cities Senior Center - - 400,000.00 400,000.00
Smart Future Planning Grant - - 85,000.00 85,000.00
Tobacco Age of Sale Enforcement - 1,260.00 1,260.00 -
Vest Partnership Program 8,509.50 3,994.80 3,594.00 8,108.70
Totals 1,534,795.92 564,445.79 1,307,239.26 728,747.17 90,606.05 1,611,355.67
SCHEDULE OF APPROPRIATED RESERVES FOR SFY04
FEDERAL AND STATE GRANTS

Balance Transferred from 2004 Chapter 159's Balance


Grant Budget Appropriations Budget not filed
June 30, 2003 Budget Appropriation Municipal Expended in FY 2004 June 30, 2004
By 40A:4-87 Match
Aggressive Driver 4,960.00 4,960.00
All Hazards Planning Grant (SLAEHOP) 2,405.72 2,405.72
Body Armor Replacement Fund 7,906.45 1,198.00 6,708.45
Clean Communities Grant 13,267.46 31,215.79 10,584.76 33,898.49
Cops in Shops 3,500.00 3,500.00
COPS Universal Hiring Grant 60,000.00 100,000.00 124,000.00 284,000.00
Drunk Driving Enforcement Fund 10,199.28 6,312.47 16,511.75
Domestic Preparedness 21,979.58 21,979.58
Domestic Violence 470.71 470.71
DOT Liveable Communities 150,000.00 20,800.00 129,200.00
DOT Safe Streets to Schools 74,000.00 3,182.00 70,818.00
Emergency Management Assistance 1,610.60 5,000.00 16,881.45 19,400.00 9,129.15
FEMA Hazard Mitigation 60,693.01 12,531.35 48,161.66
Sheet 11

GM Site Survey 7,884.75 1,800.00 6,084.75


Hazardous Waste Discharge 5,969.87 12,284.01 (6,314.14)
Housing UJIMA 835,250.00 659,750.00 175,500.00
Liveable Communities 26,852.00 26,852.00
Legislative Grant for Hollowbrook Ctr 119.76 119.76
Local law Enforcement Block Grant 26,022.96 19,935.00 44,441.50 1,516.46
Lower Ferry Road LLC Gift 3,336.80 3,336.80
Mercer County Neighborhood Redevelopment 45,000.00 37,470.00 7,530.00
Municipal Alliance Grant (24,758.14) 33,988.87 39,978.01 34,560.00 3,812.72
NJ Manufacturers EMS Grant 1,000.00 1,000.00
NJ Transportation Trust 2,658.00 175,000.00 200,000.00 156,432.75 221,225.25
NJDLPS Homeland Security 29,000.00 21,979.58 7,020.42
Recreation for People with Disabilities 7,500.00 7,500.00
Public Health Priority Funding 7,510.05 19,230.00 15,956.79 10,783.26
Safe and Secure (46.00) 60,046.00 144,000.00 204,000.00
Safe Schools and Communities Program 17,497.66 60,000.00 20,000.00 10,927.71 86,569.95
Small Cities Senior Center 400,000.00 400,000.00
Smart Future Planning Grant 85,000.00 85,000.00
Sorce Gift 2,927.82 (2,927.82)
Tobacco Age of Sale Enforcement 1,404.00 176.00 1,260.00 2,488.00
Vest Partnership Program 8,468.13 4,792.00 3,594.00 7,270.13
TOTALS 1,248,370.90 598,480.66 728,747.17 288,000.00 1,074,093.73 90,606.05 1,880,111.05
SCHEDULE OF UNAPPROPRIATED RESERVES FOR SFY04
FEDERAL AND STATE GRANTS

Transferred to 2004
Grant Balance Budget Appropriations Received Balance
June 30, 2003 Budget Appropriation June 30, 2004
By 40A:4-87
Sheet 12

TOTALS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00


SFY04

*LOCAL DISTRICT SCHOOL TAX

Debit Credit

Balance July 1, 2003 xxxxxxxxxx xxxxxxxxxx


School Tax Payable# 85001-00 1,638,377.00
School Tax Deferred
xxxxxxxxxx -
(Not in excess of 50% of Levy - 2002-2003) 85002-00
Levy School Year July 1, 2003 - June 30, 2004 xxxxxxxxxx 41,792,712.00
Levy Calendar Year xxxxxxxxxx
Paid 43,431,093.00 xxxxxxxxxx
Balance June 30, 2004 xxxxxxxxxx xxxxxxxxxx
School Tax Payable # 85003-00 - xxxxxxxxxx
School Tax Deferred
- xxxxxxxxxx
(Not in excess of 50% of Levy - 2003-2004) 85004-00
* Not including Type 1 school debt service, emergency authorizations-schools, transfer to Board of
Education for use of local schools. 43,431,093.00 43,431,089.00
# Must include unpaid requisitions

MUNICIPAL OPEN SPACE TAX N/A

Debit Credit

Balance July 1, 2003 85045-00 xxxxxxxxxx -

2004 Levy 81105-00 xxxxxxxxxx -

Interest Earned xxxxxxxxxx -

Expenditures - xxxxxxxxxx

Balance June 30, 2004 85046-00 - xxxxxxxxxx


- -

Sheet 13
SFY04

* REGIONAL SCHOOL TAX N/A


(Provide a separate statement for each Regional District involved)
Debit Credit

Balance July 1, 2003 xxxxxxxxxx xxxxxxxxxx


School Tax Payable # 85031-00 xxxxxxxxxx -
School Tax Deferred
(Not in excess of 50% of Levy - 2002-2003) 85032-00 xxxxxxxxxx -
Levy School Year July 1, 2003- June 30, 2004 xxxxxxxxxx -
Levy Calendar Year xxxxxxxxxx -
Paid - xxxxxxxxxx
Balance June 30, 2004 xxxxxxxxxx xxxxxxxxxx
School Tax Payable # 85033-00 - xxxxxxxxxx
School Tax Deferred - xxxxxxxxxx
(Not in excess of 50% of Levy - 2003-2004) 85034-00 - -
#Must include unpaid requisitions - -

REGIONAL HIGH SCHOOL TAX N/A

Debit Credit

Balance July 1, 2003 xxxxxxxxxx xxxxxxxxxx


School Tax Payable # 85021-00 xxxxxxxxxx -
School Tax Deferred
(Not in excess of 50% of Levy - 2002-2003) 85022-00 xxxxxxxxxx -
Levy School Year July 1, 2003- June 30, 2004 xxxxxxxxxx -
Levy Calendar Year xxxxxxxxxx -
Paid - xxxxxxxxxx
Balance June 30, 2004 xxxxxxxxxx xxxxxxxxxx
School Tax Payable # 85023-00 - xxxxxxxxxx
School Tax Deferred
(Not in excess of 50% of Levy - 2003-2004) 85024-00 - xxxxxxxxxx
# Must include unpaid requisitions - -

Sheet 14
SFY04
COUNTY TAXES PAYABLE

Debit Credit

Balance July 1, 2003 xxxxxxxxxx xxxxxxxxxx


County Taxes 80003-01 xxxxxxxxxx (998,574.88)
Due County for Added and Omitted Taxes 80003-02 xxxxxxxxxx -

Levy xxxxxxxxxx xxxxxxxxxx


Underbilling of Nonmunicipal Taxes raised 998,574.88
General County 80003-03 xxxxxxxxxx 12,953,393.18
County Library 80003-04 xxxxxxxxxx 1,197,748.55
County Health xxxxxxxxxx
County Open Space Preservation 80002-00 xxxxxxxxxx 461,960.45
Due County for Added and Omitted Taxes 80003-05 xxxxxxxxxx 154,634.98
Paid 14,767,737.16 xxxxxxxxxx
Balance June 30, 2004 xxxxxxxxxx xxxxxxxxxx
County Taxes Payable (Prepaid) - xxxxxxxxxx
Due County for Added and Omitted Taxes - xxxxxxxxxx
14,767,737.16 14,767,737.16

SPECIAL DISTRICT TAXES N/A

Debit Credit

Balance July 1, 2003 80003-06 xxxxxxxxxx -


Levy: (List Each Type of District Tax Separately - see Footnote) xxxxxxxxxx xxxxxxxxxx
Fire - 81108-00 - xxxxxxxxxx xxxxxxxxxx
Sewer - 81111-00 - xxxxxxxxxx xxxxxxxxxx
Water - 81112-00 - xxxxxxxxxx xxxxxxxxxx
Garbage - 81109-00 - xxxxxxxxxx xxxxxxxxxx
xxxxxxxxxx xxxxxxxxxx
xxxxxxxxxx xxxxxxxxxx
Total Levy 80003-07 xxxxxxxxxx -
Paid 80003-08 - xxxxxxxxxx
Balance June 30, 2004 80003-09 - xxxxxxxxxx
- -
Footnote: Please state the number of districts in each instance.

Sheet 15
SFY04
STATE LIBRARY AID N/A
RESERVE FOR MAINTENANCE OF FREE PUBLIC LIBRARY WITH STATE AID

Debit Credit
Balance July 1, 2003 80004-01 xxxxxxxxxx -
State Library Aid Received 80004-02 xxxxxxxxxx -
- -
Expended 80004-09 - xxxxxxxxxx
- -
Balance June 30, 2004 80004-10 - -
- -

RESERVE FOR EXPENSE OF PARTICIPATION IN FREE COUNTY LIBRARY WITH STATE AID

Debit Credit
Balance July 1, 2003 80004-03 xxxxxxxxxx -
State Library Aid Received 80004-04 xxxxxxxxxx -
- -
Expended 80004-11 - xxxxxxxxxx
- -
Balance June 30, 2004 80004-12 - -
- -

RESERVE FOR AID TO LIBRARY OR READING ROOM WITH STATE AID(N.J.S.A. 40:54-35)

Debit Credit
Balance July 1, 2003 80004-05 xxxxxxxxxx -
State Library Aid Received 80004-06 xxxxxxxxxx -
- -
Expended 80004-13 - xxxxxxxxxx
- -
Balance June 30, 2004 80004-14 - -
- -

RESERVE FOR LIBRARY SERVICES WITH FEDERAL AID

Debit Credit
Balance July 1, 2003 80004-07 xxxxxxxxxx -
State Library Aid Received 80004-08 xxxxxxxxxx -
- -
Expended 80004-15 - xxxxxxxxxx
- -
Balance June 30, 2004 80004-16 - -
- -

Sheet 16
SFY 2004
STATEMENT OF GENERAL BUDGET REVENUES SFY 2004

Source Budget Realized Excess or Deficit*

-01 -02 -03


Surplus Anticipated 80101- - - -
Surplus Anticipated with Prior Written Consent of
Director of Local Government 80102- 401,799.77 401,799.77 -
Miscellaneous Revenue Anticipated: xxxxxxxxxxxxx xxxxxxxxxxxxx xxxxxxxxxxxxx
Adopted Budget 25,271,689.79 25,796,921.27 525,231.48
Added by N.J.S. 40A:4-87: (List on 17a) xxxxxxxxxxxxx xxxxxxxxxxxxx xxxxxxxxxxxxx
Chapter 159 728,747.17 728,747.17 -

Total Miscellaneous Revenue Anticipated 80103- 26,000,436.96 26,525,668.44 525,231.48


Receipts from Delinquent Taxes 1,421,957.62 1,834,169.55 412,211.93

Amount to be Raised by Taxation: xxxxxxxxxxxxx xxxxxxxxxxxxx xxxxxxxxxxxxx


(a) Local Tax for Municipal Purposes 80105- 8,635,748.92 xxxxxxxxxxxxx xxxxxxxxxxxxx
(b) Addition to Local District School Tax 80106- - xxxxxxxxxxxxx xxxxxxxxxxxxx
Total Amount to be Raised by Taxation 80107- 8,635,748.92 10,201,336.76 1,565,587.84
36,459,943.27 38,962,974.52 2,503,031.25

ALLOCATION OF CURRENT TAX COLLECTIONS

Debit Credit

Current Taxes Realized in Cash (Total of Item 10 or 14 on Sheet 22) 80108-00 xxxxxxxxxxxxx 66,975,367.88
Amount to be Raised by Taxation xxxxxxxxxxxxx xxxxxxxxxxxxxxxx
Local District School Tax 80109-00 41,792,712.00 xxxxxxxxxxxxxxxx
Vocational School District - xxxxxxxxxxxxxxxx
Regional School Tax 80119-00 - xxxxxxxxxxxxxxxx
Regional High School Tax 80110-00 - xxxxxxxxxxxxxxxx
County Taxes 80111-00 14,613,102.18 xxxxxxxxxxxxxxxx
Due County for Added and Omitted Taxes 80112-00 154,634.98 xxxxxxxxxxxxxxxx
Special District Taxes 80113-00 - xxxxxxxxxxxxxxxx
Reserve for Uncollected Taxes 80114-00 xxxxxxxxxxxxx 215,789.00
429,370.96
80115-00 -

Balance for Support of Municipal Budget (or) 80117-00 10,201,336.76 xxxxxxxxxxxxxxxx


*Deficit Non-Budget Revenue (see footnote) 80118-00 xxxxxxxxxxxxx
67,191,156.88 67,191,156.88
*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 2004
STATEMENT OF GENERAL BUDGET REVENUES 2004
(Continued)

Miscellaneous Revenues Anticipated: Added By N.J.S. 40A:4-87

Source Budget Realized Excess or


Deficit
Recreation For Individuals With Disabili 7,500.00 7,500.00 -
SLAEHOP 2,405.72 2,405.72 -
Small Cities-Senior Ctr. 400,000.00 400,000.00 -
NJ Transportation Trust Fund- 200,000.00 200,000.00 -
Smart Future Planning Grant 85,000.00 85,000.00 -
Local Law Enforcement Block Grant 19,935.00 19,935.00 -
NJ Manufacturers- EMS 1,000.00 1,000.00 -
Body Armor Replacement Grant 7,906.45 7,906.45 -
Emergency Management Assistance Grant 5,000.00 5,000.00 -

Total to Sheet 17 728,747.17 728,747.17 0.00

(Do not crowd - add additional sheets)

Sheet 17 (a)
SFY 2004
STATEMENT OF GENERAL BUDGET APPROPRIATIONS 2004

SFY 2004 Budget as Adopted 80012-01 35,731,196.10


ASY 2004 Budget-Added by N.J.S. 40A:4-87 80012-02 728,747.17
Appropriated for SFY 2004 (Budget Statement Item 9) 80012-03 36,459,943.27
Appropriated for SFY 2004 by Emergency Appropriation (Budget Statement Item 9) 80012-04 1,041,970.22
Total General Appropriations (Budget Statement Item 9) 80012-05 37,501,913.49
Add: Overexpenditures (see footnote) 80012-06 1,596,575.73
Total Appropriations and Overexpenditures 80012-07 39,098,489.22
Deduct Expenditures:
Paid or Charged [Budget Statement Item (L)] 80012-08 38,730,184.24
Paid or Charged - Reserve for Uncollected Taxes 80012-09 215,789.00
Reserved 80012-10 152,515.98
Total Expenditures 80012-11 39,098,489.22
Unexpended Balances Canceled (see footnote) 80012-12 -
FOOTNOTES - RE: OVEREXPENDITURES:

Every appropriation overexpended in the budget document must be marked with an * and must agree in the aggregate with this item.

RE: UNEXPENDED BALANCES CANCELED:


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"

SCHEDULE OF EMERGENCY APPROPRIATIONS FOR LOCAL


DISTRICT SCHOOL PURPOSES N/A

(EXCEPT FOR TYPE I SCHOOL DEBT SERVICE)

SFY 2004 Authorizations


N.J.S. 40A:4-46 (After adoption of Budget)
N.J.S. 40A:4-20 (Prior to adoption of Budget)
Total Authorizations
Deduct Expenditures:
Paid or Charged
Reserved
Total Expenditures

Sheet 18
RESULTS OF SFY 2004 OPERATION SFY 2004

CURRENT FUND

Debit Credit

Excess of anticipated Revenues: xxxxxxxxxxxxx xxxxxxxxxxxxx


Miscellaneous Revenues anticipated 80013-01 xxxxxxxxxxxxx 513,011.48
Municipal taxes xxxxxxxxxxxxx 1,565,587.84
Delinquent Tax Collections 80013-02 xxxxxxxxxxxxx 412,211.93
xxxxxxxxxxxxx -
Required Collection of Current Taxes 80013-03 xxxxxxxxxxxxx -
Unexpended Balances of SFY 2004 Budget Approp 80013-04 xxxxxxxxxxxxx -
Miscellaneous Revenue Not Anticipated 81113- xxxxxxxxxxxxx 268,421.55
Miscellaneous Revenue Not Anticipated: 81114- xxxxxxxxxxxxx -
Proceeds of Sale of Foreclosed Property (sheet
81114- xxxxxxxxxxxxx -
27)
Payments in Lieu of Taxes on Real Property 81120- xxxxxxxxxxxxx -
Sale of Municipal Assets xxxxxxxxxxxxx -
Unexpended Balances of SFY 2003 Approp. Res 80013-05 xxxxxxxxxxxxx 65,909.73
Prior Years Intefunds Returned in FY 2004 80013-06 xxxxxxxxxxxxx -
Prior Year Adjustments xxxxxxxxxxxxx 353,086.38
Deferred School Tax Revenue: (see School Taxes, Sheets 13 & 14) xxxxxxxxxxxxx xxxxxxxxxxxxx
Balance July 1, 2003 80013-07 - xxxxxxxxxxxxx
Balance June 30, 2004 80013-08 xxxxxxxxxxxxx -
Deficit in Anticipated Revenues: xxxxxxxxxxxxx xxxxxxxxxxxxx
Miscellaneous Revenues Anticipated 80013-09 - xxxxxxxxxxxxx
Delinquent Tax Collections 80013-10 - xxxxxxxxxxxxx
Required Collection of Current Taxes 80013-11 - xxxxxxxxxxxxx
Interfund Advances Originating in SFY 2004 80013-12 - xxxxxxxxxxxxx
Tax Appeals Closed to Operations 161,880.66 xxxxxxxxxxxxx
Deficit Balance - To Trial Balance (sheet 3) 80013-13 xxxxxxxxxxxxx -
Surplus Balance - To Surplus (Sheet 21) 80013-14 3,016,348.25 xxxxxxxxxxxxx
3,178,228.91 3,178,228.91

Sheet 19
SFY 2004
SCHEDULE OF MISCELLANEOUS REVENUES
NOT ANTICIPATED

AMOUNT
REALIZED

Tax Collector 53,632.25


Telephone Commissions 203.02
Recycling Income 5,761.29
Hotel Fee 6,635.10
Miscellaneous 202,189.89

Total Amount of Miscellaneous Revenues Not Anticipated (Sheet 19) 268,421.55

(Do not crowd - add additional sheets)

Sheet 20
SURPLUS - CURRENT FUND SFY04
SFY 2004

Debit Credit

1. Balance July 1, 2003 80014-01 xxxxxxxxxx 305,775.00


2. xxxxxxxxxx -
3. Excess Resulting from SFY 2004 Operations 80014-02 xxxxxxxxxx 3,016,348.25
4. Amount Appropriated in SFY 2004 Budget-Cash 80014-03 - xxxxxxxxxx
5. Amount Appropriated in SFY 2004 Budget - with Prior 80014-04
401,799.77 xxxxxxxxxx
Written Consent of Director of Local Government Services
6. - xxxxxxxxxx
7. Balance June 30, 2004 80014-05 2,920,323.48 xxxxxxxxxx
3,322,123.25 3,322,123.25

ANALYSIS OF BALANCE JUNE 30, 2004


(FROM CURRENT FUND - TRIAL BALANCE)

Cash 80014-06 713,813.12


80014-07 -

Sub-total 713,813.12
Deduct Cash Liabilities Marked with "C" on Trial Balance 80014-08 1,034,051.78
Cash Surplus 80014-09 -
Deficit in Cash Surplus 80014-10 (320,238.66)
Other Assets Pledged to Surplus: *
(1) Due from State of NJ Senior Citizens &
80014-16 591,250.00
Veterans Deduction

Deferred Charges 80014-12 2,649,312.14


Cash Deficit # 80014-13 -

Total Other Assets 80014-14 3,240,562.14


80014-15 2,920,323.48
*IN THE CASE OF A "DEFICIT IN CASH SURPLUS", "OTHER ASSETS
WOULD ALSO BE PLEDGED TO CASH LIABILITIES.
# MAY NOT BE ANTICIPATED AS NON-CASH SURPLUS IN SFY 2002
BUDGET.
(1) MAY BE ALLOWED UNDER CERTAIN CONDITIONS.

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 - 2004 LEVY SFY04
1. Amount of Levy as per Duplicate (Analysis) # 82101-00 66,481,996.98
or
(Abstract of Ratables) 82113-00

2. Amount of Levy Special District Taxes 82102-00 -

3. Amount Levied for Omitted Taxes under


N.J.S.A. 54:4-63.12 et seq. 82103-00 78,303.03

4. Amount Levied for Added Taxes under


N.J.S.A. 54:4-63.1 et. seq. 82104-00 627,297.07

5a. Sub-total 2004 Levy 82106-00 67,187,597.08


5b. Reductions due to tax appeals -
5c. Total 2004 Tax Levy 67,187,597.08

6. Transferred to Tax Title Liens 82107-00 59,295.22

7. Transferred to Foreclosed Property 82108-00 -

8. Remitted, Abated or Canceled, other adjustments 82109-00 (13,845.21)

9. Discount Allowed 82110-00

10. Collected in Cash: In 2003 82121-00 81,632.18


In 2004* 82122-00 66,302,485.70
REAP Revenue
State's Share of 2004 Senior Citizens
and Veterans Deductions Allowed 82123-00 591,250.00

Total To Line 14 82111-00 66,975,367.88

11. Total Credits 67,020,817.89

12. Amount Outstanding June 30, 2004 83120-00 166,779.19

13. Percentage of Cash Collections to Total 2004 Levy,


(Item 10 divided by Item 5) is 99.684%
82112-00

14. Calculation of Current Taxes Realized in Cash:

Total of Line 10 66,975,367.88


Less: Reserve for Tax Appeals Pending
State Division of Tax Appeals -

To Current Taxes Realized in Cash (Sheet 17) 66,975,367.88

Note A: In showing the above percentage the following should be noted:


Where Item 5 shows $1,500,000.00, and Item 10 shows $1,049,977.50
the percentage represented by the cash collections would be
'$1,049,977.50 divided by $1,500,000, or .699985. The correct
be shown as Item 13 is 69.99% and not 70.00%, nor 69.999%
# Note: On Item 1 if Duplicate (Analysis) Figure is used; be sure to include
Senior Citizens and Veterans Deductions.

* Include overpayments applied as part of 2002 collections and Bell Atlantic Replacement Revenue

Sheet 22
SFY 2004
ACCELERATED TAX SALE / TAX LEVY SALE - CHAPTER 99

To Calculate Underlying Tax Collection Rate for 2004

Utilize this sheet only if you conducted an Accelerated Tax Sale or Tax Levy Sale pursuant to
Chapter 99, P.L. 1997.

(1) Utilizing Accelerated Tax Sale

Total of Line 10 Collected in Cash (sheet 22) $ 66,975,367.88

Less: Proceeds from Accelerated Tax Sale $ 250.00

NET Cash Collected $ 66,975,617.88

Line 5c (sheet 22) Total 2004 Tax Levy $ 67,187,597.08

Precentage of Collection Excluding Accelerated Tax Sale Proceeds


(Net Cash Collected divided by Item 5c) is 99.68%

N/A
(2) Utilizing Tax Levy Sale

Total of Line 10 Collected in Cash (sheet 22) $

Less: Proceeds from Tax Levy Sale (excluding premium) $

NET Cash Collected $

Line 5c (sheet 22) Total 2004 Tax Levy $

Precentage of Collection Excluding Accelerated Tax Sale Proceeds


(Net Cash Collected divided by Item 5c) is %

Sheet 22 (a)
SCHEDULE OF DUE FROM/TO STATE OF NEW JERSEY SFY04
FOR SENIOR CITIZENS AND VETERANS DEDUCTIONS

Debit Credit

1.Balance July 1, 2003 xxxxxxxxxx xxxxxxxxxx


Due From State of New Jersey 401,799.77 xxxxxxxxxx
Due To State of New Jersey xxxxxxxxxx -
2. Sr. Citizens Deductions Per Tax Billings 139,000.00 xxxxxxxxxx
3. Veterans Deductions Per Tax Billings 438,250.00 xxxxxxxxxx
4. Sr. Citizens Deductions Allowed By Tax Collector 8,750.00 xxxxxxxxxx
5. Veterans Deductions Allowed By Tax Collector 5,750.00 xxxxxxxxxx
6. Veterans Deductions Allowed By Tax Collector SFY 2003 Taxes 10,500.00 xxxxxxxxxx
7. Sr. Citizens Deductions Disallowed By Tax Collector xxxxxxxxxx 7,750.00
8. Sr. Citizens Ded. Disallowed.By Tax Collector SFY 2002 xxxxxxxxxx 3,250.00
9. Received in Cash from State xxxxxxxxxx 611,000.00
10. Prior Year Adjustment 209,200.23 -
11. - -
12. Balance June 30, 2004 xxxxxxxxxx xxxxxxxxxx
Due From State of New Jersey xxxxxxxxxx 591,250.00
Due To State of New Jersey - xxxxxxxxxx
1,213,250.00 1,213,250.00

Calculation of Amount to be included on Sheet 22, Item 10-


'SFY 2004 Senior Citizens and Veterans Deductions Allowed

Line 2 139,000.00
Line 3 438,250.00
Line 4, 5, & 6 25,000.00
Sub-Total 602,250.00
Less: Line 7 11,000.00
To Item 10, Sheet 22 591,250.00

Sheet 23
SFY04
SCHEDULE OF RESERVE FOR TAX APPEALS PENDING-
N.J. DIVISION OF TAX APPEALS (N.J.S.A. 54:3-27) N/A

Debit Credit

Balance July 1, 2003 xxxxxxxxxx -


Tax Pending Appeals xxxxxxxxxx xxxxxxxxxx
Interest Earned on Taxes Pending Appeals xxxxxxxxxx xxxxxxxxxx
Contested Amount of 1998 Taxes Collected which are Pending State Appeal (Item 14, Sheet 22) xxxxxxxxxx
Interest Earned on Taxes Pending State Appeals xxxxxxxxxx

Cash Paid to Appelants (Including 5% Interest from Date Payment) xxxxxxxxxx


Closed to Results of Operations (Portion of Appeal won by Municipality, including Interest) xxxxxxxxxx

Balance June 30, 2004 - xxxxxxxxxx


Taxes Pending Appeals* xxxxxxxxxx xxxxxxxxxx
Interest Earned on Taxes Pending Appeals xxxxxxxxxx xxxxxxxxxx
- -

* Includes State Tax Court and County Board of Taxation


Appeals Not Adjusted by June 30, 2004.

Signature of Tax Collector

License # Date

Sheet 24
SFY04
COMPUTATION OF APPROPRIATION:
RESERVE FOR UNCOLLECTED TAXES AND
AMOUNT TO BE RAISED BY TAXATION
IN SFY 2005 MUNICIPAL BUDGET

SFY 2005 SFY 2004


1. Total General Appropriations for SFY 2005 Municipal Budget Statement Item 8 (L)
(Exclusive of Reserve for Uncollected Taxes) 80015- 38,343,322.01 xxxxxxxxxxxxxxxx
2. Local District School Tax-School Budget Billing 7/1 - 12/31 80016- 21,863,637.00
Billing 1/1 - 6/30** 80017- 20,863,637.00 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- 7,865,235.70
Billing 1/1 - 6/30* 80021- 7,635,002.30 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 96,570,834.01
9. Less: Total Anticipated Revenues from SFY 2005 in Municipal
Budget (Item 5)
80024-02 28,706,344.57
10. Cash Required from SFY 2005 Taxes to Support Local Municipal Budget &
Other Taxes 80024-03 67,864,489.44
11. Amount of Item 10 Divided by 99.60% [820024-04] 68,137,037.59
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 "actual" Tax of year SFY 2004.
(Amount Shown on Line 2 Above) 42,727,274.00
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
Regional High School Tax (Amount Shown on Line 5 Above) Board of Education to the Commissioner of
Education on January 15, 2004 (Chap.136,
County Tax (Amount Shown on Line 6 Above) 15,500,238.00 P.L. 1978). Consideration must be given to
Special District Tax (Amount Shown on Line 7 Above) calendar year calculation.

Tax in Local Municipal Budget 9,909,525.59


Total Amount (see Line 11) 68,137,037.59
12. Appropriation: Reserve for Uncollected Taxes (Budget Statement, 272,548.15 Note: The amount
Item 8 (M) (Item 11, Less Item 10) 80024-06 of anticipated
Computation of "Tax in Local Municipal Budget" Item 1 - Total General Appropriations 38,343,322.01 revenues (Item 9)
Item 12 - Appropriation: Reserve for Uncollected Taxes 272,548.15 may never
Sub-Total 38,615,870.16 exceed the total
Less: Item 9 - Total Anticipated Revenues 28,706,344.57 of Items 1 & 12.
Amount to be Raised by Taxation in Municipal Budget 80024-07 9,909,525.59

Sheet 25
SCHEDULE OF DELINQUENT TAXES AND TAX TITLE LIENS SFY 2004

DEBIT CREDIT

1. Balance July 1, 2003 2,676,060.30 xxxxxxxxxx


A. Taxes 83102-00 2,325,209.32 xxxxxxxxxx xxxxxxxxxx
B. Tax Title Liens 83103-00 350,850.98 xxxxxxxxxx xxxxxxxxxx
2. Canceled: xxxxxxxxxx xxxxxxxxxx
A. Taxes (including PY Adj for SS&V Rec) 83105-00 xxxxxxxxxx 366,825.10
B. Tax Title Liens 83106-00 xxxxxxxxxx -
3. Transferred to Foreclosed Tax Title Liens: xxxxxxxxxx xxxxxxxxxx
A. Taxes 83108-00 xxxxxxxxxx
B. Tax Title Liens 83109-00 xxxxxxxxxx 120,315.86
4. Added Taxes 83110-00 xxxxxxxxxx
5. Added Tax Title Liens 83111-00 10,146.61 xxxxxxxxxx
6. Adjustment between Taxes (Other than current year) & Tax Title Liens: xxxxxxxxxx xxxxxxxxxx
A. Taxes - Transfers to Tax Title Liens 83104-00 xxxxxxxxxx 250.00
B. Tax Title Liens - Transfers from Taxes 83107-00 250.00 xxxxxxxxxx
7. Balance Before Cash Payments xxxxxxxxxx 2,199,065.95
8. Totals 2,686,456.91 2,686,456.91
9. Balance Brought Down 2,199,065.95 xxxxxxxxxx
10. Collected xxxxxxxxxx 1,834,169.55
A. Taxes 83116-00 1,834,169.55 xxxxxxxxxx xxxxxxxxxx
B. Tax Title Liens 83117-00 xxxxxxxxxx xxxxxxxxxx
11. Interest and Costs - SFY 2004 Tax Sale 83118-00 xxxxxxxxxx
12.SFY 2004 Taxes Transferred to Liens 83119-00 59,295.22 xxxxxxxxxx
13.SFY 2004 Taxes 83123-00 166,779.19 xxxxxxxxxx
14 Balance June 30, 2004 xxxxxxxxxx 620,970.81
A. Taxes 83121-00 290,743.86 xxxxxxxxxx xxxxxxxxxx
B. Tax Title Liens 83122-00 300,226.95 xxxxxxxxxx xxxxxxxxxx
15. Totals 2,425,140.36 2,455,140.36
16. Percentage of Cash Collections to Adjusted Amount Outstanding
(Item No. 10 divided by Item No. 9) is 83.41%
17. Item No. 14 multiplied by percentage shown above is $ 517,931.60 and represents the

maximum amount that my be anticipated in SFY 2005 . 83125-00


(See Note A on Sheet 22 - Current Taxes)
(1) These amount will always be the same.

Sheet 26
SCHEDULE OF FORECLOSED PROPERTY SFY 2004
(PROPERTY ACQUIRED BY TAX TITLE LIEN LIQUIDATION)

Debit Credit

1. Balance July 1, 2003 84101-00 1,742,612.00 xxxxxxxxxxxxx


2. Foreclosed or Deeded in SFY 2004 xxxxxxxxxxxxx xxxxxxxxxxxxx
3. Tax Title Liens 84103-00 120,315.86 xxxxxxxxxxxxx
4. Taxes Receivable 84104-00 - xxxxxxxxxxxxx
5A. Balance Detail to Control 84102-00 - xxxxxxxxxxxxx
5B. 84105-00 xxxxxxxxxxxxx -
6. Adjustment to Assessed Valuation 84106-00 - xxxxxxxxxxxxx
7. Adjustment to Assessed Valuation 84107-00 xxxxxxxxxxxxx 897,327.86
8. Sales xxxxxxxxxxxxx xxxxxxxxxxxxx
9. Cash * 84109-00 xxxxxxxxxxxxx -
10. Contract 84110-00 xxxxxxxxxxxxx -
11. Mortgage 84111-00 xxxxxxxxxxxxx -
12. Loss on Sales 84112-00 xxxxxxxxxxxxx -
13. Gain on Sales 84113-00 - xxxxxxxxxxxxx
14. Balance June 30, 2004 84114-00 xxxxxxxxxxxxx 965,600.00
1,862,927.86 1,862,927.86

CONTRACT SALES N/A

Debit Credit

15. Balance July 1, 2003 84115-00 - xxxxxxxxxxxxx


16. 2003 Sales from Foreclosed Property 84116-00 - xxxxxxxxxxxxx
17. Collected * 84117-00 xxxxxxxxxxxxx -
18. 84118-00 xxxxxxxxxxxxx -
19. Balance June 30, 2004 84119-00 xxxxxxxxxxxxx -
- -

MORTGAGE SALES N/A

Debit Credit

20. Balance July 1, 2003 84120-00 - xxxxxxxxxxxxx


21. SFY 2002 Sales from Foreclosed Property 84121-00 - xxxxxxxxxxxxx
22. Collected * 84122-00 xxxxxxxxxxxxx -
23. 84123-00 xxxxxxxxxxxxx -
24. Balance June 30, 2004 84124-00 xxxxxxxxxxxxx -
Analysis of Sale of Property: $ - -
*Total Cash Collected in SFY 20024 (84125-00)
Realized in SFY 2004 Budget
To Results of Operation (Sheet 19)

Sheet 27
DEFERRED CHARGES SFY 2004
- 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
June 30, 2003 Amount in Amount Balance
Caused By per Audit SFY 2004 Resulting from as at
Report Budget SFY 2004 June 30, 2004
1. Emergency Authorization -
Municipal* 400,000.00 400,000.00 1,041,970.22 1,041,970.22
2. Emergency Authorizations -
Schools - - - -

3. Deficit in Operations- FY 2003 231,648.31 231,648.00 - 0.31

4. Overexpenditure of Appropriations 312,726.54 312,726.54 1,596,575.73 1,596,575.73

5. Deficit in Community Center Reserve - 40,285.88 40,849.60 563.72

6. Overexpenditure of App Reserves 27,301.37 26,078.50 10,766.19 11,989.06

7. Overexpenditure of Self Insurance Fund 7,831.49 7,831.49 30,461.93 30,461.93

8. Overexpenditure of Const. Planning Zoning Trust 56,690.42 56,690.42 6,190.40 6,190.40

9. Overexpenditure of Improvement Authorizations 8,461.74 8,461.74 - -

10. Overexpenditure of Grand Programs 34,034.87 34,034.87 - -

11. Expenditures without Appropriations - Grant Fund - - 37,580.03 37,580.03

1,078,694.74 1,117,757.44 2,764,394.10 2,725,331.40


* Do not include items funded or refunded as listed below.

EMERGENCY AUTHORIZATIONS UNDER N.J.S. 40A:4-47 WHICH HAVE BEEN N/A


FUNDED OR REFUNDED UNDER N.J.S. 40A:2-3 OR N.J.S. 40A:2-51

Date Purpose Amount


1.
2.
3.
4.
5.

JUDGEMENTS ENTERED AGAINST MUNICIPALITY AND NOT SATISFIED N/A


Appropriated for
In favor of On Account of Date Entered Amount in Budget of
SFY 2004
1.
2.
3.
4.

Sheet 28
SFY 2004

N.J.S. 40A:4-55 SPECIAL EMERGENCY - TAX MAP; REVALUATION; MASTER PLAN; REVISION AND CODIFICATION OF ORDINANCES; DRAINAGE MAPS
FOR FLOOD CONTROL; PRELIMINARY ENGINEERING STUDIES, ETC. FOR SANITARY SEWER SYSTEM;
MUNICIPAL CONSOLIDATION ACT; FLOOD OR HURRICANE DAMAGE.

Amount Not Less Than REDUCED IN SFY 2004


Date Purpose Authorized 1/5 of Amount Balance By SFY 2004 Canceled Balance
Authorized * 06/30/01 Budget by Resolution June 30, 2004
0.00 0.00
N/A
Sheet 29

Totals 0.00 0.00 0.00 0.00 0.00 38,168.00


80025-00 80026-00

It is hereby certified that al outstanding' Special Emergency" appropriations have been adopted by the governing body in full compliance with NJSA
40A:4-55.1 et seq. and NJS 40A:4-55.13 et seq. and are recorded on this page

Chief Financial Officer


* Not less than one-fifth (1/5) of amount authorized but not more than the amount shown in the column "Balance June 30, 2004" must be entered here
and then raised in the SFY 2001 budget.
SFY 2004
N.J.S. 40A:4-55.1, ET SEQ., SPECIAL EMERGENCY - DAMAGE CAUSED TO ROADS OR BRIDGES BY SNOW, ICE, FROST OR FLOOD
N.J.S. 40A:4-55.13, ET SEQ., SPECIAL EMERGENCY - PUBLIC EXIGENCIES CAUSED BY CIVIL DISTURBANCES

Not Less Than REDUCED IN SFY 2004


Date Purpose Amount 1/3 of Amount Balance By SFY 2004 Canceled Balance
Authorized Authorized * June 30,2003 Budget by Resolution June 30, 2004

N/A
Sheet 30

Totals 0.00 0.00 0.00 0.00 0.00 38,168.00


80027-00 80028-00

It is hereby certified that al outstanding' Special Emergency" appropriations have been adopted by the governing body in full compliance with NJSA
40A:4-55.1 et seq. and NJS 40A:4-55.13 et seq. and are recorded on this page
Chief Financial Officer
* Not less than one-third (1/3) of amount authorized but not more than the amount shown in the column "Balance June 30, 2004" must be entered here and then raised in th SFY 2004 budget
SCHEDULE OF BONDS ISSUED AND OUTSTANDING SFY 2004
AND SFY 2004 DEBT SERVICE FOR BONDS
(MUNICIPAL) GENERAL CAPITAL BONDS

2005 Debt
Debit Credit
Service

Outstanding July 1, 2003 80033-01 xxxxxxxxxxxxx 19,648,000.00


Issued 80033-02 xxxxxxxxxxxxx 4,950,000.00
Paid 80033-03 6,149,000.00 xxxxxxxxxxxxx

Outstanding, June 30, 2004 80033-04 18,449,000.00 xxxxxxxxxxxxx


24,598,000.00 24,598,000.00
SFY 2005 Bond Maturities-General Capital Bonds 0.00 80033-05 2,175,000.00
SFY 2005 Interest on Bonds* 80033-06 770,580.01
ASSESSMENT SERIAL BONDS
Outstanding July 1, 2003 80033-07 xxxxxxxxxxxxx -
Issued 80033-08 xxxxxxxxxxxxx -
Paid 80033-09 - xxxxxxxxxxxxx
- -
- -
Outstanding, June 30, 2004 80033-10 - xxxxxxxxxxxxx
- -
SFY 2005 Bond Maturities-Assessment Bonds 80033-11 -
SFY 2005 Interest on Bonds* 80033-12 -
Total "Interest on Bonds - Debt Service" (*Items) 80033-13 770,580.01
LIST OF BONDS ISSUED DURING SFY 2004 N/A
SFY 2005
Purpose Amount Issued Date of Issue Interest Rate
Maturity
2003/ 2004 General Obligation Refunding Bonds 885,000.00 4,950,000.00 03/04/04 3.50%

Total 885,000.00 4,950,000.00 --------- ---------


80033-14 80033-15

Sheet 31
SCHEDULE OF BONDS ISSUED AND OUTSTANDING SFY 2004
AND SFY 2004 DEBT SERVICE FOR LOANS
(MUNICIPAL) GREEN ACRES LOAN

2005 Debt
Debit Credit
Service

Outstanding July 1, 2003 80033-01 xxxxxxxxxxxxx 1,036,047.20


Issued 80033-02 xxxxxxxxxxxxx -
Paid 80033-03 92,394.20 xxxxxxxxxxxxx

Outstanding, June 30, 2004 80033-04 943,653.00 xxxxxxxxxxxxx


1,036,047.20 1,036,047.20
SFY 2005 Green Acres Loan Maturities 80033-05 94,251.16
SFY 2005 Interest on Green Acres Loan 80033-06 18,404.14
Total SFY 2005 Debt Service for Green Acres Loan 80033-13 112,655.30
(MUNICIPAL) INFRASTRUCTURE LOAN
Outstanding July 1, 2003 80033-07 xxxxxxxxxxxxx 3,780,866.03
Issued 80033-08 xxxxxxxxxxxxx -
Paid 80033-09 181,448.03 xxxxxxxxxxxxx
- -
- -
Outstanding, June 30, 2004 80033-10 3,599,418.00 xxxxxxxxxxxxx
3,780,866.03 3,780,866.03
SFY 2005 Infrastructure Loan Maturities 80033-05 187,282.61
SFY 2005 Interest on Infrastructure Loan 80033-06 106,007.50
Total SFY 2005 Debt Service for Infrastructure Loan 80033-13 293,290.11

LIST OF LOANS ISSUED DURING SFY 2004


SFY 2005
Purpose Amount Issued Date of Issue Interest Rate
Maturity
N/A

Total - - --------- ---------


80033-14 80033-15

Sheet 31 (a)
SCHEDULE OF BONDS ISSUED AND OUTSTANDING SFY 2004
AND SFY 2004 DEBT SERVICE FOR BONDS
N/A
TYPE I SCHOOL TERM BONDS
SFY 2005 Debt
Debit Credit Service
Outstanding July 1, 2003 80034-01 xxxxxxxxxxxxx -
Paid 80034-02 - xxxxxxxxxxxxx
- -
Outstanding June 30, 2004 80034-03 - xxxxxxxxxxxxx
- -
SFY 2005 Bond Maturities-Term Bonds 80034-04 $
SFY 2005 Interest on Bonds* 80034-05 $
TYPE I SCHOOL SERIAL BOND N/A
Outstanding July 1, 2003 80034-06 xxxxxxxxxxxxx -
Issued 80034-07 xxxxxxxxxxxxx -
Paid 80034-08 - xxxxxxxxxxxxx
- -
- -
Outstanding, June 30, 2004 80034-09 - xxxxxxxxxxxxx
- -
SFY 2005 Interest on Bonds* 80034-10 $
SFY 2005 Bond Maturities - Serial Bonds 80034-11 $
Total "Interest on Bonds - Type I School Debt Service" (*Items) 80034-12 $
LIST OF BONDS ISSUED DURING SFY 2004 N/A
Purpose SFY 2005 Maturity -01 Amt Issued -02 Date of Issue Interest Rate

Total 80035-
SFY 2005 INTEREST REQUIREMENT - CURRENT FUND DEBT ONLY
Outstanding, June 30,2004 SFY 2005 Interest

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
DEBT SERVICE FOR NOTES (OTHER THAN ASSESSMENT NOTES) SFY 2004

Title or Purpose Original Original Amount of Date Rate SFY 2005 Budget Requirement Interest
of Issue Amount Date of Note of of For Principal For Interest Computed to
Issued Issue * Outstanding Maturity Interest ** (insert
06/30/04 date)

1. Various Capital Improvements 2,280,000 01/30/03 2,280,000 01/28/05 2.00% 45,346.67 01/28/05

2. Various Capital Improvements 2,422,500 05/12/04 2,422,500 01/25/05 1.28% 21,791.73 01/28/05
Sheet 33

3. Various Capital Improvements 570,000 09/24/03 570,000 09/24/04 1.20% 6,840.00 01/28/05

Total 5,272,500 5,272,500 - 73,978


80051-01 80051-02
Note: Additional Notes to be issued in FY 2005 resulting in additional interest for notes for FY 2005 - $75,901.88

Memo: Designate all "Capital Notes" issued under N.J.S. 40A:2-8(b) with "C". Such notes must be retired at the rate 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 2005 or 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.
DEBT SERVICE SCHEDULE FOR ASSESSMENT NOTES SFY 2004

Title or Purpose Original Original Amount of Date Rate SFY 2005 Budget Requirement Interest
of Issue Amount Date of Note of of For Principal For Interest Computed
Issued Issue * Outstanding Maturity Interest ** to (Insert
06/30/04 Date)
1. N/A
2.
3.
4.
5.
6.
7.
Sheet 34

8.
9.
10.
11.
12.
13.
14.
Total
80051-01 80051-02

MEMO: *See Sheet 33 for clarification of "Original Date of Issue"


Assessment Notes with an original date of issue of SFY 2002 or prior must be appropriated in full in the SFY 2005
Dedicated Assessment Budget or written intent of permanent financingsubmitted with statement.
** Interest on Assessment Notes must be included in the Current Fund Budget appropriation "Interest on Notes".
(Do not crowd - add additional sheets)
SCHEDULE OF IMPROVEMENT AUTHORIZATIONS (GENERAL CAPITAL FUND) SFY 2004

IMPROVEMENTS Balance July 1, 2003 Balance - June 30, 2004


Specify each authorization by purpose. Do SFY 2004 Cash from Expended Authorizations
not merely designate by a code number Funded Unfunded Authorizations Current Budget Canceled Funded Unfunded

Various Capital Improvements-97-01 152,202.25 (3,915.00) 156,117.25


Various Capital Improvements-97-22 (4,166.08) 4,166.08 - -
Various Capital Improvements-98-9 25.28 - 25.28
Various Capital Improvements-99-5 782.49 - 782.49
Sheet 35

Stabilization of Shabakunk Creek-99-10 251,876.60 (18,783.00) 270,659.60


Milling/ Overlay Various Streets-00-13 - -
Various Capital Improvements-01-07 2,036.12 - 2,036.12
Various Capital Improvements-01-28 614,935.64 37,645.10 577,290.54
Road Improvements/ FEMA Match-02-03 39,457.97 39,457.97 -
Various Capital Improvements-02-18 - 93,215.91 62,106.30 31,109.61
Various Capital Improvements-00-19 (4,295.66) 4,295.66 -
ERISA Bonding-02-19 13,270.78 (55,000.00) 68,270.78
Primrose Road Improvements-02-25 9,543.98 9,543.98
Various Capital Improvements-03-14 30,000.00 570,000.00 599,591.31 408.69
Advance Refunding Authorization-03-11 4,446,583.12 4,396,583.12 - 50,000.00
Various Capital Improvements-04-02 2,550,000.00 1,561,973.77 988,026.23

Total 70000- 1,096,125.39 5,119,343.01 2,550,000.00 8,461.74 6,619,659.57 - 1,075,182.06 1,079,088.51


SFY 2004
GENERAL CAPITAL FUND
SCHEDULE OF CAPITAL IMPROVEMENT FUND

Debit Credit

Balance July 1, 2003 80031-01 xxxxxxxxxxxxxxxx 8.00


Received from SFY 2004 Budget Appropriation * 80031-02 xxxxxxxxxxxxxxxx 127,500.00
Received from Performance/Inspectin Escrow xxxxxxxxxxxxxxxx -
Improvement Authorizations Canceled (but only where financed
in whole by the Capital Improvement Fund) 80031-03 xxxxxxxxxxxxxxxx -

List by Improvements - Direct Charges Made for Preliminary Costs: xxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxx
Adjust to prior year - to surplus 8.00 xxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxx
Appropriated to Finance Improvement Authorizations 80031-04 127,500.00 xxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxx
Balance June 30, 2004 80031-05 - xxxxxxxxxxxxxxxx
127,508.00 127,508.00

Sheet 36
GENERAL CAPITAL FUND SFY 2004
SCHEDULE OF DOWN PAYMENTS ON IMPROVEMENTS

Debit Credit
Balance July 1, 2003 80030-01 xxxxxxxxxxxxxxxx -
Received from SFY 2004 Budget Appropriation* 80030-02 xxxxxxxxxxxxxxxx 127,500.00
Received from SFY 2004 Emergency Appropriation* 80030-03 xxxxxxxxxxxxxxxx

Appropriated to Finance Improvement Authorizations 80030-04 127,500.00 xxxxxxxxxxxxxxxx


xxxxxxxxxxxxxxxx
Balanvce June 30, 2004 80030-05 - xxxxxxxxxxxxxxxx
127,500.00 127,500.00

* The full amount of the 2004 appropriation should be transferred to this account unless the balance of the
appropriation is permitted to lapse.

CAPITAL IMPROVEMENTS AUTHORIZED IN SFY 2004


AND DOWN PAYMENTS (N.J.S. 40A:2-11)

GENERAL CAPITAL FUND ONLY

Amount Total Down Payment Amount of Down


Purpose Appropriated Obligations Provided by Paymt in Budget
Authorized Ordinance of SFY 2004 or
Prior Years

Improvements To Parks and Playgrounds 218,000.00 218,000.00 10,900.00 10,900.00


Animal Shelter and Vehicle 298,000.00 298,000.00 14,900.00 14,900.00
Purchase of Equipment-Police 135,000.00 135,000.00 6,750.00 6,750.00
Purchase of equipment-Buildings Ground 117,000.00 117,000.00 5,850.00 5,850.00
Purchase of Equipment-Recreation 114,000.00 114,000.00 5,700.00 5,700.00
Purchase of Equipment-Roads 215,000.00 215,000.00 10,750.00 10,750.00
Purchase of Equipment-Sanitation 145,000.00 145,000.00 7,250.00 7,250.00
Purchase of Equipment-Offices 50,000.00 50,000.00 2,500.00 2,500.00
EMS Ambulance 50,000.00 50,000.00 2,500.00 2,500.00
Purchase of Van 30,000.00 30,000.00 1,500.00 1,500.00
Purchase of Equipment-OEM 385,000.00 385,000.00 19,250.00 19,250.00
Ewing Community Center 25,000.00 25,000.00 1,250.00 1,250.00
Fire Truck-West Trenton 500,000.00 500,000.00 25,000.00 25,000.00
Purchase of Equipment-Prospect Heights 104,000.00 104,000.00 5,200.00 5,200.00
Purchase of Equipment-Pennington Road 104,000.00 104,000.00 5,200.00 5,200.00
Pond Run Flood Control 60,000.00 60,000.00 3,000.00 3,000.00

Total 80032-00 2,550,000.00 2,550,000.00 127,500.00 127,500.00

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 2004
GENERAL CAPITAL FUND
STATEMENT OF CAPITAL SURPLUS
SFY 2004

Debit Credit
Balance July 1, 2003 80029-01 xxxxxxxxxxxxxxxx 25,905.59
Premium on Sale of Bonds xxxxxxxxxxxxxxxx -
Funded Improvement Authorizations Canceled xxxxxxxxxxxxxxxx -
Adjustment to surplus - 15,797.48
- -
- -
Appropriated to Finance Improvement Authorizations 80029-02 - xxxxxxxxxxxxxxxx
Appropriated to SFY 2004 Budget Revenue 80029-03 - xxxxxxxxxxxxxxxx
Balance June 30, 2004 80029-04 41,703.07 xxxxxxxxxxxxxxxx
41,703.07 41,703.07

BONDS ISSUED WITH A COVENANT OR COVENANTS

N/A

1. Amount of Serial Bonds Issued Under Provisions of Chapter 233,


P.L. 1934, Chapter 268, P.L. 1934, Chapter 428, P.L. 1933 or
Chapter 77, Article VI-A, P.L. 1935, with Covenant or Covenants;
Outstanding June 30, 2003
2. Amount of Cash in Special Trust Fund as of JUNE 30, 2001 (Note A)
3. Amount of Bonds Issued Under Item 1
Maturing in SFY 2004
4. Amount of Interest on Bonds with a
Covenant - SFY 2004 Requirement
5. Total of 3 and 4 - Gross Appropriation
6. Less Amount of Special Trust Fund to be Used
7. Net Apprpriation Required

NOTE A - This amount to be supported by confirmation from bank or banks.


Footnote: Any formula other than the one shown above and required to be used by covenant or
covenants is to be attached hereto.
Item 5 must be shown as an item of appropriation, short extended, with Item 6 shown directly following as a
deduction and with the amount of Item 7 extended into the SFY 2004 appropriation column.

Sheet 38
MUNICIPALITIES ONLY SFY 2004
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 2004 was $ 67,187,597.08
2. Amount of Item 1 Collected in SFY 2004 (*) $ 66,975,367.88
3. Seventy (70) percent of Item 1 $ 47,031,317.96
(*) Including prepayments and overpayments applied.

B.
1. Did any maturities of bonded obligations or notes fall due during the year SFY 2004?
Answer YES or NO YES
2. Have payments been made for all bonded obligations or notes due on or before
June 30, 2004?
Answer YES or NO YES

NOTE: If answer to Item B1 is YES, then Item B2 must be answered


C. Does the appropriation required to be included in the SFY 2004 budget for the
liquidation of all bonded obligations or notes exceed 25% of the total of appropriations for
operating purposes in the budget for the year just ended? Answer YES or NO NO

D.
1. Cash Deficit SFY 2003 $ 1,067,802.99
2. 4% of SFY 2003 Tax Levy for all purposes:
Levy -- $ 62,141,533.19 = $ 2,485,661.33
3. Cash Deficit SFY 2004 $ -
4. 4% of SFY 2004 Tax Levy for all purposes:
Levy -- $ 67,187,597.08 = $ 2,687,503.88

E. Unpaid SFY 2003 SFY 2004 Total


1. State Taxes - - -
2. County Taxes - - -
3. Amounts due Special Districts - - -
4. Amounts due School Districts for Local School Tax 1,638,377.00 - 1,638,377.00

Sheet 39