You are on page 1of 52

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

POST CLOSING SFY06


TRIAL BALANCE - CURRENT FUND
AS OF JUNE 30, 2006

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 10,147,701.98
Due from MCIA 138,591.80
Due from State of NJ 2,210,000.00
Due from State of NJ - Senior & Vet Deduction 494,755.77
Municipal Taxes Not Billed - Receivable 4,908.05
Delinquent Real Estate Taxes Receivable 140,894.50
Tax Title Liens Receivable 287,886.50
Property Acquired for Taxes 965,600.00
Sewer Service Charges Receivable 45,704.29
Interfund Receivable - Capital Fund 166,874.03
Interfund Payable - Other Trust 75.75
Interfund Receivable - Tax Collector's Trust 0.01
Deferred Charge-Special Emergency 5 Years 161,000.00

LIABILITIES
Appropriation Reserves 119,765.65
Reserve for Encumbrances 665,487.14
Accounts Payable (Reserve for ELSA payment) 375,000.00
Due to State of NJ - Marriage License 1,775.00
Prepaid Liquor Licenses - Clerk Trust 2,500.00
Prepaid Taxes 124,195.14
Prepaid Sewer 238,230.68
Interfund Payable - State & Federal Grant Fund 3,958.51
Interfund - Animal Control Trust 75.00
Special Emergency Notes Payable 161,000.00
Tax Anticipation Notes Payable 8,058,000.00
Tax Overpayments 3,564.52
Sewer Overpayments 250.72
Reserve for FEMA Expenditures (Due PRFC) 5,958.35
Reserve for Special Emergency (5 years) 161,000.00
Subtotal Cash Liabilities 9,920,760.71

Reserve for Receivables 1,611,943.13

FUND BALANCE
Fund Balance 3,231,288.84

Total 14,763,992.68 14,763,992.68

(Do Not Crowd - add additional sheets)

Sheet 3
NOTE THAT A TRIAL BALANCE IS REQUIRED ANDNOT A BALANCE SHEET
POST CLOSING SFY06
TRIAL BALANCE - CURRENT FUND AND
STATE AND FEDERAL GRANTS
AS OF JUNE 30, 2006

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 10,879,807.88


Taxes Receivable 85002 140,894.50
Tax Title Liens 85003 287,886.50
Forclosed Property 85004 965,600.00
Other Receivables 85007 3,064,868.21
State and Federal Grants Receivable 85006 1,109,929.75
Emergencies and Deferred Charges 85005 161,000.00

Total Assets 85008 16,609,986.84

Cash Liabilities 85009 11,766,754.87


Reserve for Receivables 85010 1,611,943.13
Unappropriated Reserve for State and Federal Grants -
Fund Balance 85011 3,231,288.84

Total Liabilities, Reserves and Fund Balance 85012 16,609,986.84

TOTALS 16,609,986.84 16,609,986.84


(Do Not Crowd - add additional sheets)

Sheet 3a
POST CLOSING SFY06
TRIAL BALANCE - PUBLIC ASSISTANCE FUND
Accounts #1 & #2*
AS OF JUNE 30, 2006

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 SFY06
TRIAL BALANCE - FEDERAL AND STATE FUNDS
AS OF JUNE 30, 2006

Title of Account Debit Credit

Cash 732,105.90
Grants Receivable 1,109,929.75
Interfunds Receivable - Current Fund 3,958.51

Reserve for Interest Liability 18,734.52


Reserve for Grant Encumbrances 118,791.34
Reserve for State and Federal Grants 1,708,468.30

1,845,994.16 1,845,994.16

(Do Not Crowd - add additional sheets)

Sheet 5
POST CLOSING SFY06
TRIAL BALANCE - TRUST FUNDS
(Assessment Section Must Be Separately Stated)
(INCLUDE PAYROLL FUND)
AS OF JUNE 30, 2006

Title of Account Debit Credit

Dedicated Construction Trust (Fund 71)


Cash in Bank 563,557.17

Reserve for Encumbrances 39,699.45


Reserve for Uniform Construction Code 499,829.96
Reserve for Zoning 23,681.61
Reserve for Planning 346.15
563,557.17 563,557.17

Self Insurance Trust (Fund 72)


Cash 169,161.38
Escrow with PMA Insurance 102,000.00
Cash - Inservco Account 22,466.26

Reserve for Encumbrances 23,567.78


Due to Current Fund 0.00
Reserve for:
Worker's Compensation 8,524.16
Self Insurance 261,535.70
293,627.64 293,627.64

Animal Control Trust (Fund 74)


Cash in Bank 10,449.48
Due From Current Fund 75.00

Reserve for Encumbrances 870.80


Due to State of NJ 2,927.10
Reserve for Dog License Expenditures 6,726.58
10,524.48 10,524.48

Collector's Trust (Fund 75)


Cash 270,412.97

Due to Current Fund 0.01


Reserve for Tax Collector's Trust Deposits 270,412.96
270,412.97 270,412.97

Payroll (Fund 76)


Cash 261,782.02
Eastern Dental 4,506.90

Police & Fire Retirement System (PFRS) Payable 178,648.04


PERS - Supplemental Annuity Payable 494.08
PERS - Contiributory Insurance Payable 4,069.37
Public Employees Retirement System (PERS) Payable 81,743.91
Delaware United Way Payable 45.00
Net Payroll 1,288.52
266,288.92 266,288.92

(Do Not Crowd - add additional sheets)

Sheet 6 (1 of 3)
POST CLOSING SFY06
TRIAL BALANCE - TRUST FUNDS (Continued 2 of 3)
(Assessment Section Must Be Separately Stated)
(INCLUDE PAYROLL FUND)
AS OF JUNE 30, 2006

Title of Account Debit Credit

Other Trust (Fund 73)


Cash 576,292.62
Due from Police Off Duty Employment 1,000.00

Due to Other Trust Escrow Accts from Operating Trust Acct 9,366.78
Reserve for Encumbrances 19,243.57
Due to Current Fund 75.75

Reserve for:
Ewing Community Center 26,644.74
Homeland Security Donations 39.40
Animal Shelter Donations 3,504.32
Community Fest 28,584.00
Asset Forfeiture 9,478.78
Route 31 Project 14,450.84
Environmental Commission 200.00
Parking Adjudication 2,963.11
Municipal Alliance 680.16
Patriotic Committee 846.48
Affordable Housing Development Fees 456,775.58
Scoreboard Donation 40.00
Talent Show Fund 4,399.11
577,292.62 577,292.62
Recreation Trust (Fund 78)
Cash 25,015.60

Reserve for Encumbrances 16,618.73


Reserve for Recreation Commission 8,396.87
25,015.60 25,015.60
Escrow Review Fees (Fund 81)
Cash 103,949.60

Reserve for Developers Review Fees 103,949.60


103,949.60 103,949.60

(Do Not Crowd - add additional sheets)

Sheet 6 (2 of 3)
POST CLOSING SFY06
TRIAL BALANCE - TRUST FUNDS (Continued 3 of 3)
(Assessment Section Must Be Separately Stated)
(INCLUDE PAYROLL FUND)
AS OF JUNE 30, 2006

Title of Account Debit Credit

Performance Inspection Escrow (Fund 82)


Cash 1,413,176.31

Due To Current Fund 0.00


Due to Capital Fund 5,000.00
Reserve for Performance/ Inspection 1,408,176.31
1,413,176.31 1,413,176.31
Police Off Duty Employment Trust (Fund 85)
Cash 14,663.28
Due to Current Fund 693.28
Due to Other Trust 1,000.00
Reserve for Police Off Duty Employment 12,970.00
14,663.28 14,663.28

(Do Not Crowd - add additional sheets)

Sheet 6 (3 of 3)
SFY 2006
Schedule of Trust Fund Reserves

Amount Receipts Disbursements Balance at


Purpose Fund June 30, 2005 June 30, 2006
per Audit Report

Planning Trust 71 16,107.69 37,261.00 29,687.08 23,681.61


Zoning Trust 71 - 133,230.00 132,883.85 346.15
Uniform Construction Code 71 680,624.04 640,954.71 821,748.79 499,829.96
Self Insurance Trust - Worker's Comp 72 1,982.20 1,094,505.98 1,087,961.85 8,526.33
Self Insurance Trust - Self Insurance 72 132,621.22 238,954.91 110,040.43 261,535.70
Affordable Housing Development Fees 73 427,927.80 28,847.78 - 456,775.58
Animal Shelter Donations 73 1,792.62 1,711.82 0.12 3,504.32
Asset Forefeiture Trust 73 8,712.40 10,176.19 9,409.81 9,478.78
Route 31 Project 73 - 14,450.84 - 14,450.84
Community Fest 73 6,325.00 64,184.00 42,900.00 27,609.00
Ewing Community Center Trust 73 10,838.14 169,580.19 153,773.59 26,644.74
Municipal Alliance 73 2,206.08 750.00 2,275.92 680.16
Homeland Security K-9 Donations 73 500.39 5,960.99 6,421.98 39.40
Environmental Commission 73 - 200.00 - 200.00
National Night Out Program 73 370.29 1,981.66 2,351.95 -
Parking Adjudication 73 2,655.11 1,298.00 990.00 2,963.11
Patriotic Committee 73 - 846.48 - 846.48
Scoreboard Donation 73 40.00 40.00
Talent Show Program 73 1,237.89 7,324.90 4,188.68 4,374.11
Animal Control Trust 74 8,120.38 14,776.15 16,169.95 6,726.58
Tax Collector's Trust 75 1,040,638.42 1,941,163.77 2,711,389.23 270,412.96
Recreation 78 7,960.80 96,589.02 96,152.95 8,396.87
Developer's Escrow Review 81 92,025.31 187,115.15 175,190.86 103,949.60
Developer's Escrow Performance and Inspection 82 1,632,578.24 463,178.40 682,580.33 1,413,176.31
Public Assistance Trust 83 1,534.45 - - 1,534.45
Police Off Duty Employment 85 5,811.00 363,750.34 356,591.34 12,970.00

Total to Sheet 17 4,082,609.47 5,518,792.28 6,442,708.71 3,158,693.04

(Do not crowd - add additional sheets)

Sheet 6b
ANALYSIS OF TRUST ASSESSMENT CASH AND INVESTMENTS SFY06
PLEDGED TO LIABILITIES AND SURPLUS

Title of Liability to which Audit RECEIPTS


Cash and Investments Balance Assessments Current Adjustments Additions Disbursements Balance
are Pledged 06/30/05 and Liens Budget 06/30/06
Assessment Serial Bond Issues: xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx
Sheet 7

Assessment Bond Anticipation Note Issues: xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx
- -

Other Liabilities -
Reserve for Assessments and Liens -
Trust Surplus -
*Less Assets "Unfinanced" xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx

Due to Current Fund -


- -

- - - - - - -
*Show as red figure
POST CLOSING SFY06
TRIAL BALANCE - GENERAL CAPITAL FUND
AS OF JUNE 30, 2006

Title of Account Debit Credit

Cash in Bank 1,957,933.20

Due from Grant Fund 0.00


Due From Performance and Inspection Escrow Trust 5,000.00
Grant Receiveable From Infrastructure Trust 337,232.00
Deferred Charges to Future Taxes:
Funded 27,031,424.62
Unfunded 0.00
Unfunded Overexpended Approp 0.00
Due to Current Fund 166,874.03
Bond Anticipation Notes 0.00
Green Acres Loan Payable 753,256.24
NJ Infrastructure Loan Payable 3,219,168.38
Serial Bonds 23,059,000.00
Reserve for Encumbrances 160,392.88
Reserve for Debt Service 23,255.54
Capital Improvement Fund 25,000.00
Improvement Authorizations - Funded 1,815,603.72
Improvement Authorizations - Unfunded 0.00
Fund Balance 109,039.03

29,331,589.82 29,331,589.82

(Do not crowd - add additional sheets)

Sheet 8
CASH RECONCILIATION JUNE 30, 2006 (cont'd.) SFY06
LIST BANKS AND AMOUNTS SUPPORTING "CASH ON DEPOSIT"

Current
Commerce A/C # 5426106 10,010,403.71
Clerk
Commerce A/C # 5424130 9,439.29
10,019,843.00
State and Federal Grants
Wachovia A/C # 2014090897709 237.12
Wachovia (Escrow Acct) A/C # 2000002197414 735,938.53
736,175.65
General Capital
Commerce A/C # 7861728736 1,961,713.20

Dedicated Construction Trust


Commerce A/C # 7861728744 563,557.17

Self Insurance Trust


Yardville National Bank A/C # 4945648 169,161.38
Worker's Compensation - Inservco Trustee
Wachovia A/C # 2100012149763 22,466.26
191,627.64
Other Trust
Affordable Housing Trust Yardville National Bank A/C # 4945622 456,756.78
Other Trust Operating Subaccount Commerce Escrow A/C # 7760080052 69,051.73
National Night Out Subaccount Commerce Escrow A/C # 7760080056 -
Scoreboard Donation Subaccount Commerce Escrow A/C # 7760080057 40.00
Talent Show Subaccount Commerce Escrow A/C # 7760080058 4,330.11
Homeland Security (K9 Donations) Commerce Escrow A/C # 7760080059 -
Animal Shelter Donations Subaccount Commerce Escrow A/C # 7760080060 3,504.32
Community Fest Subaccount Commerce Escrow A/C # 7760080061 27,284.00
Patriotic Committee Subaccount Commerce Escrow A/C # 7760080062 846.48
Environmental Commission Subaccount Commerce Escrow A/C # 7760080063 200.00
Municipal Alliance Subaccount Commerce Escrow A/C # 7760080064 1,878.58
Asset Forefeiture Subaccount Commerce Escrow A/C # 7760080055 3,056.97
Other Trust Interest Subaccount Commerce Escrow A/C # 7760080053 848.07
567,797.04
Animal Control
Commerce A/C # 5424122 10,143.58

Tax Collector's Trust


Wachovia A/C # 2002004856625 128,185.55
Commerce (Premiums Escrow Acct) A/C # 7857152958 116,900.17
Commerce (Redemptions Escrow Acct) A/C # 7857152966 18,665.41
263,751.13
Payroll
Commerce A/C # 7857153121 274,956.81

Recreation Commission
Yardville National Bank A/C # 4945630 26,613.53
26,613.53
Escrow Review Fees
Bank of America A/C # 0999082930 148,995.41

Performance and Inspection Trust


Bank of America A/C # 0999082922 1,439,327.51

Public Assistance Trust - I


Commerce A/C # 7857152974 1,534.45

Police Off Duty Employment


Commerce A/C # 7760104375 14,663.28

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 SFY06
FEDERAL AND STATE GRANTS RECEIVABLE

Additions
Interfund Balance
Balance 2006 Budget 2006 Deletions &
Grant Budget Total Receipts Receipts JUNE 30,
JUNE 30, 2005 Revenue Appropriation Cancelations
Match Additions Owed 2006
Realized By 40A:4-87
Animal Shelter Grant - - - 0.00
Balanced Housing UJIMA 175,500.00 - 175,500.00
Body Armor Replacement Fund (State) - 7,137.12 7,137.12 7,137.12 0.00
CDBG - Year 1 4,955.61 228,433.00 228,433.00 121,363.19 112,025.42
Clean Communities Grant - 8,261.44 33,733.38 41,994.82 41,994.82 0.00
Click it or ticket - 3,850.88 3,850.88 - 3,850.88 - 0.00
Cops in Shops 2,314.27 - 5,464.62 5,464.62 - 7,778.89 - (0.00)
DEP Livable Communities Grant - 95,000.00 95,000.00 95,000.00 0.00
Domestic Preparedness NJDLPS Homeland Security 78,642.82 - - - 78,642.82 - - 0.00
Domestic Violence 2,500.00 - - 2,500.00
DOT Liveable Communities 88,637.74 - 88,637.74
DOT Safe Streets to Schools 22,352.75 - - 22,352.75
Drunk Driving Enforcement Fund - 2,876.84 - 2,876.84 - 2,876.84 - 0.00
DVRPC Natural Resouce Inventory & Conservation Element Grant 3,000.00 - 3,000.00
Emergency Mgt Canine Initiative Grant 81,210.00 - - 73,868.82 7,341.18
Sheet 10

Enhanced 911 Grant - 34,080.00 34,080.00 34,080.00 0.00


Hazardous Waste Discharge 2,000.00 - 2,000.00
Justice Assistance Grant - 69,725.00 69,725.00 69,725.00 0.00
Local Law Enforcement Block Grant - 7,545.00 7,545.00 7,545.00 0.00
Mercer County Neighborhood Revitalization 90,000.00 - - 75,921.34 14,078.66
Municipal Alliance Grant 25,570.00 - - - - - 17,705.00 - 7,865.00
NJ Manufacturers EMS Grant - 1,000.00 - 1,000.00 1,000.00 0.00
NJ Storm Water Regulation Grant 20,619.00 - - 15,464.00 5,155.00
NJ Transit Train Station Grant - - - 0.00
NJ Transportation Trust 200,000.00 - - 89,100.00 110,900.00
OEM CERT Grant - 1,200.00 1,200.00 1,200.00 0.00
Public Health Priority Funding - 9,999.00 10,091.00 20,090.00 - 20,090.00 - 0.00
Recreation for People with Disabilities 3,813.61 - 3,813.61 0.00
Recycling Tonage Grant - 20,520.22 20,520.22 20,520.22 - 0.00
Safe and Secure 60,000.00 - - 60,000.00 0.00
Safe Schools and Communities Program 40,000.00 - - - 20,000.00 20,000.00 0.00
Small Cities Senior Center 400,000.00 - 400,000.00
Small Cities Ujima 322,315.00 - - 200,035.00 122,280.00
Smart Future Planning Grant (Master Plan) 70,000.00 - - 40,000.00 30,000.00
Sprint OEM Grant - 44,064.00 44,064.00 13,955.04 30,108.96 - 0.00
Tobacco Age of Sale Enforcement - 3,420.00 3,420.00 - 3,420.00 - 0.00
Treasury Grant Fire Truck - 210,000.00 210,000.00 210,000.00 0.00
U Drink U Drive U Lose - 978.12 978.12 978.12 0.00
Vest Partnership Program 6,294.00 - - - - - - - 6,294.00
Totals 1,699,724.80 669,620.62 120,214.00 7,545.00 797,379.62 92,597.86 1,274,576.81 20,000.00 1,109,929.75
SCHEDULE OF APPROPRIATED RESERVES FOR SFY06
FEDERAL AND STATE GRANTS

Additions
Balance
Prior Year 2006 Budget 2006 Deletions & Expended/ Reserve
Grant JUNE 30, Unappropriate Budget Total
Adjustments Revenue Appropriation Cancelations Encumbered 06/30/2006
2005 d Reserves Match Additions
Realized By 40A:4-87
Appropriated
All Hazards Planning Grant (SLAEHOP) 2,405.72 - - - - - - - 2,405.72
Animal Shelter Grant 14,324.95 - - - - - - 14,324.95 -
Balanced Housing UJIMA 175,500.00 - - - - - - - 175,500.00
Body Armor Replacement Fund (State) 9,921.58 - 7,137.12 - - 7,137.12 - 4,659.80 12,398.90
CDBG - Year 1 (600.00) - 229,033.00 - - 229,033.00 (300.00) 44,600.58 184,132.42
Clean Communities Grant 60,462.43 - - 33,733.38 8,261.44 - 41,994.82 (180.00) 5,813.32 96,823.93
Click it or Ticket 4,807.32 - 3,850.88 - - 3,850.88 - 8,658.20 -
Cops in Shops 2,314.27 - - 5,464.62 - 5,464.62 - 7,778.89 -
DEP Liveable Communities 8,237.90 - 95,000.00 - - 95,000.00 - 21,161.30 82,076.60
Domestic Preparedness NJDLPS Homeland Security 77,660.44 - - - - - 14,713.64 62,946.80 -
Domestic Violence 2,961.48 - - - - - - 1,090.25 1,871.23
DOT Liveable Communities 122,544.00 - - - - - - 41,920.22 80,623.78
DOT Safe Streets to Schools (3,358.51) - 3,358.51 - - 3,358.51 (3,714.89) - 3,714.89
Drunk Driving Enforcement Fund 29,984.13 - 2,876.84 - - 2,876.84 - 12,302.95 20,558.02
DVRPC Natural Resouce Inventory & Conservation Element Grant 3,000.00 - - - - - - - 3,000.00
Emergency Management Assistance 1,124.75 - - - - - - 1,106.24 18.51
Sheet 11

Emergency Mgt Canine Initiative Grant 5,402.42 - - - - - (1,938.76) 6,605.26 735.92


Enhanced 911 Grant - - 34,080.00 - - - 34,080.00 34,080.00 -
FEMA Hazard Mitigation 68,441.10 - - - - - (2,707.50) - 71,148.60
GM Site Survey 7,884.75 - - - - - (600.00) - 8,484.75
Hazardous Waste Discharge 53,662.01 - - - - - - - 53,662.01
Hollowbrook Community Center Grant 50,000.00 - - - - - (20,300.13) 62,167.00 8,133.13
Justice Assistance Grant - - - 69,725.00 - - 69,725.00 - - 69,725.00
Legislative Grant for Hollowbrook Ctr 119.76 - - - - - - - 119.76
Local Law Enforcement Block Grant - - - - - 7,545.00 7,545.00 - - 7,545.00
Mercer County Neighborhood Revitalization 8,838.00 - - - - - (5,240.66) - 14,078.66
Municipal Alliance Grant 51,187.31 - - - - - - 31,315.69 19,871.62
NJ Manufacturers EMS Grant 102.07 - 1,000.00 - - 1,000.00 - - 1,102.07
NJ Storm Water Regulation Grant 20,619.00 - - - - - - - 20,619.00
NJ Transportation Trust 135,008.65 - - - - - (12,971.35) 119,595.00 28,385.00
OEM CERT Trailer Grant - - - 1,200.00 - - 1,200.00 - - 1,200.00
Public Health Priority Funding 26,209.12 - - 10,091.00 9,999.00 - 20,090.00 - 14,760.41 31,538.71
Recycling Tonnage Grant - - 20,520.22 - - 20,520.22 - 20,520.22 -
Safe Schools and Communities Program 41,135.00 - - - - - - 41,135.00 -
Small Cities Senior Center 222,316.17 100,000.00 - - - - 757.76 270,783.88 50,774.53
Small Cities Ujima 500,000.00 (100,000.00) - - - - - - 400,000.00
Smart Future Planning Grant (Master Plan) 25,350.00 - - - - - - 11,500.00 13,850.00
Sorce Gift (1445 lower Ferry Road LLC Gift) 668.48 - - - - - 668.48 - (0.00)
Sprint OEM Grant - - - - 44,064.00 - 44,064.00 13,955.04 3,594.40 26,514.56
Tobacco Age of Sale Enforcement 1,859.00 - - - 3,420.00 - 3,420.00 - 468.95 4,810.05
Treasury Grant Fire Truck - - - - 210,000.00 - 210,000.00 - - 210,000.00
U Drink U Drive U Lose - - 978.12 - - - 978.12 - 978.12 -
Vest Partnership Program 3,182.93 - - - - - - 137.00 3,045.93
Totals 1,733,276.23 - 397,834.69 120,214.00 275,744.44 7,545.00 801,338.13 (17,858.37) 844,004.43 1,708,468.30
SCHEDULE OF UNAPPROPRIATED RESERVES FOR SFY06
FEDERAL AND STATE GRANTS

Transferred to 2006
Interfund
Grant Balance Budget Appropriations Received Balance
Receipts
June 30, 2005 Budget Appropriation Owed June 30, 2006
By 40A:4-87

Clean Communities Grant 8,261.44 (8,261.44) (33,733.38) 33,733.38 -


NJ Transit Train Station Grant 160,000.00 (160,000.00) 0.00 0.00 -
Public Health Priority Funding 448.00 (9,999.00) (10,091.00) 19,642.00 -
Sprint OEM Grant 44,064.00 (44,064.00) 0.00 - -
TCNJ Fire Truck Contribution Grant 50,000.00 (50,000.00) 0.00 -
Sheet 12

Tobacco Age of Sale Enforcement 2,220.00 (3,420.00) 1,200.00 -


Justice Assistance Grant (69,725.00) 69,725.00 -
OEM CERT Trailer Grant (1,200.00) 1,200.00 -
Cops in Shops (5,464.62) 5,464.62 -
-
-
-

TOTALS 264,993.44 (275,744.44) (120,214.00) 0.00 130,965.00 - - -


SFY06

*LOCAL DISTRICT SCHOOL TAX

Debit Credit

Balance JULY 1, 2005 xxxxxxxxxx xxxxxxxxxx


School Tax Payable# 85001-00 3,500,000.00
School Tax Deferred
xxxxxxxxxx -
(Not in excess of 50% of Levy - 2004-2005) 85002-00
Levy School Year JULY 1, 2005 - JUNE 30, 2006 xxxxxxxxxx 43,212,150.00
Levy Calendar Year xxxxxxxxxx
Paid 46,712,150.00 xxxxxxxxxx
Balance JUNE 30, 2006 xxxxxxxxxx xxxxxxxxxx
School Tax Payable # 85003-00 - xxxxxxxxxx
School Tax Deferred
- xxxxxxxxxx
(Not in excess of 50% of Levy - 2005-2006) 85004-00
* Not including Type 1 school debt service, emergency authorizations-schools, transfer to Board of
Education for use of local schools. 46,712,150.00 46,712,150.00
# Must include unpaid requisitions

MUNICIPAL OPEN SPACE TAX N/A

Debit Credit

Balance JULY 1, 2005 85045-00 xxxxxxxxxx -

2006 Levy 81105-00 xxxxxxxxxx -

Interest Earned xxxxxxxxxx -

Expenditures - xxxxxxxxxx

Balance JUNE 30, 2006 85046-00 - xxxxxxxxxx


- -

Sheet 13
SFY06

* REGIONAL SCHOOL TAX N/A


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

Balance JULY 1, 2005 xxxxxxxxxx xxxxxxxxxx


School Tax Payable # 85031-00 xxxxxxxxxx -
School Tax Deferred
(Not in excess of 50% of Levy - 2004-2005) 85032-00 xxxxxxxxxx -
Levy School Year JULY 1, 2005- JUNE 30, 2006 xxxxxxxxxx -
Levy Calendar Year xxxxxxxxxx -
Paid - xxxxxxxxxx
Balance JUNE 30, 2006 xxxxxxxxxx xxxxxxxxxx
School Tax Payable # 85033-00 - xxxxxxxxxx
School Tax Deferred - xxxxxxxxxx
(Not in excess of 50% of Levy - 2005-2006) 85034-00 - -
#Must include unpaid requisitions - -

REGIONAL HIGH SCHOOL TAX N/A

Debit Credit

Balance July 1, 2004 xxxxxxxxxx xxxxxxxxxx


School Tax Payable # 85021-00 xxxxxxxxxx -
School Tax Deferred
(Not in excess of 50% of Levy - 2004-2005) 85022-00 xxxxxxxxxx -
Levy School Year JULY 1, 2005- JUNE 30, 2006 xxxxxxxxxx -
Levy Calendar Year xxxxxxxxxx -
Paid - xxxxxxxxxx
Balance JUNE 30, 2006 xxxxxxxxxx xxxxxxxxxx
School Tax Payable # 85023-00 - xxxxxxxxxx
School Tax Deferred
(Not in excess of 50% of Levy - 2005-2006) 85024-00 - xxxxxxxxxx
# Must include unpaid requisitions - -

Sheet 14
SFY06
COUNTY TAXES PAYABLE

Debit Credit

Balance JULY 1, 2005 xxxxxxxxxx xxxxxxxxxx


County Taxes 80003-01 xxxxxxxxxx -
Due County for Added and Omitted Taxes 80003-02 xxxxxxxxxx -

Levy xxxxxxxxxx xxxxxxxxxx


Underbilling of Nonmunicipal Taxes raised -
General County 80003-03 xxxxxxxxxx 14,431,636.52
County Library 80003-04 xxxxxxxxxx 1,209,456.21
County Health xxxxxxxxxx -
County Open Space Preservation 80002-00 xxxxxxxxxx 941,969.30
Due County for Added and Omitted Taxes 80003-05 xxxxxxxxxx 90,645.23
Paid 16,673,707.26 xxxxxxxxxx
Balance JUNE 30, 2006 xxxxxxxxxx xxxxxxxxxx
County Taxes Payable (Prepaid) - xxxxxxxxxx
Due County for Added and Omitted Taxes - xxxxxxxxxx
16,673,707.26 16,673,707.26

SPECIAL DISTRICT TAXES N/A

Debit Credit

Balance JULY 1, 2005 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, 2006 80003-09 - xxxxxxxxxx
- -
Footnote: Please state the number of districts in each instance.

Sheet 15
SFY06
STATE LIBRARY AID N/A
RESERVE FOR MAINTENANCE OF FREE PUBLIC LIBRARY WITH STATE AID

Debit Credit
Balance JULY 1, 2005 80004-01 xxxxxxxxxx -
State Library Aid Received 80004-02 xxxxxxxxxx -
- -
Expended 80004-09 - xxxxxxxxxx
- -
Balance JUNE 30, 2006 80004-10 - -
- -

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

Debit Credit
Balance JULY 1, 2005 80004-03 xxxxxxxxxx -
State Library Aid Received 80004-04 xxxxxxxxxx -
- -
Expended 80004-11 - xxxxxxxxxx
- -
Balance JUNE 30, 2006 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, 2004 80004-05 xxxxxxxxxx -
State Library Aid Received 80004-06 xxxxxxxxxx -
- -
Expended 80004-13 - xxxxxxxxxx
- -
Balance JUNE 30, 2006 80004-14 - -
- -

RESERVE FOR LIBRARY SERVICES WITH FEDERAL AID

Debit Credit
Balance July 1, 2004 80004-07 xxxxxxxxxx -
State Library Aid Received 80004-08 xxxxxxxxxx -
- -
Expended 80004-15 - xxxxxxxxxx
- -
Balance JUNE 30, 2006 80004-16 - -
- -

Sheet 16
SFY 2006
STATEMENT OF GENERAL BUDGET REVENUES SFY 2006

Source Budget Realized Excess or Deficit*

-01 -02 -03


Surplus Anticipated 80101- - - -
Surplus Anticipated with Prior Written Consent of
Director of Local Government 80102- 513,625.00 513,625.00 -
Miscellaneous Revenue Anticipated: xxxxxxxxxxxxx xxxxxxxxxxxxx xxxxxxxxxxxxx
Adopted Budget 29,810,044.08 30,129,953.81 319,909.73
Added by N.J.S. 40A:4-87: (List on 17a) xxxxxxxxxxxxx xxxxxxxxxxxxx xxxxxxxxxxxxx
Chapter 159 120,214.00 120,214.00 -

Total Miscellaneous Revenue Anticipated 80103- 29,930,258.08 30,250,167.81 319,909.73


Receipts from Delinquent Taxes 70,000.00 195,270.80 125,270.80

Amount to be Raised by Taxation: xxxxxxxxxxxxx xxxxxxxxxxxxx xxxxxxxxxxxxx


(a) Local Tax for Municipal Purposes 80105- 12,534,755.66 xxxxxxxxxxxxx xxxxxxxxxxxxx
(b) Addition to Local District School Tax 80106- - xxxxxxxxxxxxx xxxxxxxxxxxxx
Total Amount to be Raised by Taxation 80107- 12,534,755.66 12,924,708.19 389,952.53
43,048,638.74 43,883,771.80 835,133.06

ALLOCATION OF CURRENT TAX COLLECTIONS

Debit Credit

Current Taxes Realized in Cash (Total of Item 10 or 14 on Sheet 22) 80108-00 xxxxxxxxxxxxx 73,076,787.77
Amount to be Raised by Taxation xxxxxxxxxxxxx xxxxxxxxxxxxx
Local District School Tax 80109-00 43,212,150.00 xxxxxxxxxxxxx
Vocational School District - xxxxxxxxxxxxx
Regional School Tax 80119-00 - xxxxxxxxxxxxx
Regional High School Tax 80110-00 - xxxxxxxxxxxxx
County Taxes 80111-00 16,583,062.03 xxxxxxxxxxxxx
Due County for Added and Omitted Taxes 80112-00 90,645.23 xxxxxxxxxxxxx
Special District Taxes 80113-00 - xxxxxxxxxxxxx
Reserve for Uncollected Taxes 80114-00 xxxxxxxxxxxxx 283,243.24
Adjustments 549,465.56
80115-00 -

Balance for Support of Municipal Budget (or) 80117-00 12,924,708.19 xxxxxxxxxxxxx


*Deficit Non-Budget Revenue (see footnote) 80118-00 xxxxxxxxxxxxx
73,360,031.01 73,360,031.01
*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 2006
STATEMENT OF GENERAL BUDGET REVENUES 2006
(Continued)

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

Source Budget Realized Excess or


Deficit
Clean Communities Grant 33,733.38 33,733.38 -
Cops in Shops 5,464.62 5,464.62 -
Justice Assistance Grant 69,725.00 69,725.00 -
OEM CERT Grant 1,200.00 1,200.00 -
Public Health Priority Funding 10,091.00 10,091.00 -

Total to Sheet 17 120,214.00 120,214.00 -

(Do not crowd - add additional sheets)

Sheet 17 a
SFY 2006
STATEMENT OF GENERAL BUDGET APPROPRIATIONS 2005

SFY 2006 Budget as Adopted 80012-01 42,928,424.74


SFY 2006 Budget-Added by N.J.S. 40A:4-87 80012-02 120,214.00
Appropriated for SFY 2006 (Budget Statement Item 9) 80012-03 43,048,638.74
Appropriated for SFY 2006 by Emergency Appropriation (Budget Statement Item 9) 80012-04 -
Total General Appropriations (Budget Statement Item 9) 80012-05 43,048,638.74
Add: Overexpenditures (see footnote) 80012-06 -
Total Appropriations and Overexpenditures 80012-07 43,048,638.74

Deduct Expenditures:
Paid or Charged [Budget Statement Item (L)] 80012-08 42,645,629.85
Paid or Charged - Reserve for Uncollected Taxes 80012-09 283,243.24
Reserved 80012-10 119,765.65
Total Expenditures 80012-11 43,048,638.74
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 2006 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 2006 OPERATIONS SFY 2006

CURRENT FUND

Debit Credit

Excess of anticipated Revenues: xxxxxxxxxxxxx xxxxxxxxxxxxx


Miscellaneous Revenues anticipated 80013-01 xxxxxxxxxxxxx 494,678.31
Delinquent Tax Collections 80013-02 xxxxxxxxxxxxx 125,270.80
Uniform Fire Safety Rebate xxxxxxxxxxxxx -
Required Collection of Current Taxes 80013-03 xxxxxxxxxxxxx 389,952.53
xxxxxxxxxxxxx -
Unexpended Balances of SFY 2006 Budget Approp 80013-04 xxxxxxxxxxxxx -
Miscellaneous Revenue Not Anticipated 81113- xxxxxxxxxxxxx 68,860.05
Miscellaneous Revenue Not Anticipated: 81114- xxxxxxxxxxxxx -
Proceeds of Sale of Foreclosed Property (sheet 27) 81114- xxxxxxxxxxxxx -
Payments in Lieu of Taxes on Real Property 81120- xxxxxxxxxxxxx -
Close Debt Service Appropriations Unexpended xxxxxxxxxxxxx 14,490.91
TAN Proceeds xxxxxxxxxxxxx -
Unexpended Balances of SFY 2005 Approp. Res 80013-05 xxxxxxxxxxxxx 514,269.07
Prior Years Intefunds Returned in SFY 2006 80013-06 xxxxxxxxxxxxx 261,067.31
Prior Year Adjustments 20,000.00 xxxxxxxxxxxxx
Deferred School Tax Revenue: (see School Taxes, Sheets 13 & 14) xxxxxxxxxxxxx xxxxxxxxxxxxx
Balance JULY 1, 2005 80013-07 - xxxxxxxxxxxxx
Balance JUNE 30, 2006 80013-08 xxxxxxxxxxxxx -
Deficit in Anticipated Revenues: xxxxxxxxxxxxx xxxxxxxxxxxxx
Miscellaneous Revenues Anticipated 80013-09 - xxxxxxxxxxxxx
Garden State Trust 86.46 xxxxxxxxxxxxx
Other Revenues Anticipated 174,682.12 xxxxxxxxxxxxx
Delinquent Tax Collections 80013-10 - xxxxxxxxxxxxx
Required Collection of Current Taxes 80013-11 - xxxxxxxxxxxxx
Interfund Advances Originating in SFY 2006 80013-12 261,067.31 xxxxxxxxxxxxx
Lawsuit Settlements Closed to Operations 5,000.00 xxxxxxxxxxxxx
Tax Appeals Closed to Operations - xxxxxxxxxxxxx
Deficit Balance - To Trial Balance (sheet 3) 80013-13 xxxxxxxxxxxxx -
Surplus Balance - To Surplus (Sheet 21) 80013-14 1,407,753.09 xxxxxxxxxxxxx
1,868,588.98 1,868,588.98

Sheet 19
SFY 2006
SCHEDULE OF MISCELLANEOUS REVENUES
NOT ANTICIPATED

AMOUNT
REALIZED

Clerk 10,819.00
Tax Collector 16,820.05
Stale Checks Cancelled by Resolution 15,328.05
Recycling 8,069.19
Room Rentals 1,640.00
Other 16,183.76

Total Amount of Miscellaneous Revenues Not Anticipated (Sheet 19) 68,860.05

(Do not crowd - add additional sheets)

Sheet 20
SURPLUS - CURRENT FUND SFY06
SFY 2006

Debit Credit

1. Balance JULY 1, 2005 80014-01 xxxxxxxxxx 2,337,160.75


2. xxxxxxxxxx -
3. Excess Resulting from SFY 2006 Operations 80014-02 xxxxxxxxxx 1,407,753.09
4. Amount Appropriated in SFY 2006 Budget-Cash 80014-03 - xxxxxxxxxx
5. Amount Appropriated in SFY 2006 Budget - with Prior 80014-04
513,625.00 xxxxxxxxxx
Written Consent of Director of Local Government Services
6. Prior Year Adjustments xxxxxxxxxx
7. Balance JUNE 30, 2006 80014-05 3,231,288.84 xxxxxxxxxx
3,744,913.84 3,744,913.84

ANALYSIS OF BALANCE JUNE 30, 2006


(FROM CURRENT FUND - TRIAL BALANCE)

Cash 80014-06 10,147,701.98


80014-07 -

Sub-total 10,147,701.98
Deduct Cash Liabilities Marked with "C" on Trial Balance 80014-08 9,920,760.71
Cash Surplus 80014-09 226,941.27
Deficit in Cash Surplus 80014-10 -
Other Assets Pledged to Surplus: *
(1) Due from State of NJ Senior Citizens &
80014-16 494,755.77
Veterans Deduction

Deferred Charges 80014-12 161,000.00


Due from State of NJ 2,210,000.00
Due from Mercer County Improvement Authority 138,591.80
Due from The College of New Jersey -
Cash Deficit # 80014-13 -

Total Other Assets 80014-14 3,004,347.57


80014-15 3,231,288.84
*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 2006
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) SFY06
CURRENT TAXES - 2006 LEVY
1. Amount of Levy as per Duplicate (Analysis) # 82101-00 71,971,061.27
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 17,437.79

4. Amount Levied for Added Taxes under


N.J.S.A. 54:4-63.1 et. seq. 82104-00 375,130.32

5a. Sub-total 2006 Levy 82106-00 72,363,629.38


5b. Reductions due to tax appeals ** -
5c. Total 2006 Tax Levy 72,363,629.38

6. Transferred to Tax Title Liens 82107-00 47,670.42

7. Transferred to Foreclosed Property 82108-00 -

8. Remitted, Abated or Canceled, Other Adjustments 82109-00 (845,010.19)

9. Discount Allowed 82110-00 -

10. Collected in Cash: In 2005 82121-00 77,793.43


In 2006* 82122-00 72,504,238.57
REAP Revenue
State's Share of 2006 Senior Citizens
and Veterans Deductions Allowed 82123-00 494,755.77

Total To Line 14 82111-00 73,076,787.77

11. Total Credits 72,279,448.00

12. Amount Outstanding JUNE 30, 2006 83120-00 84,181.38

13. Percentage of Cash Collections to Total 2004 Levy,


(Item 10 divided by Item 5) is 100.986%
82112-00

14. Calculation of Current Taxes Realized in Cash:

Total of Line 10 73,076,787.77


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

To Current Taxes Realized in Cash (Sheet 17) 73,076,787.77

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
** Tax appeal pursuant to R.S. 54:3-21 et seq and/or R.S. 54:48-1 et seq approved by resolution of the governing body PRIOR to
introduction of muncipal budget.

Sheet 22
SFY 2006
ACCELERATED TAX SALE / TAX LEVY SALE - CHAPTER 99
To Calculate Underlying Tax Collection Rate for 2005

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) $ 73,076,787.77

Less: Proceeds from Accelerated Tax Sale $ 380,817.23

NET Cash Collected $ 72,695,970.54

Line 5c (sheet 22) Total 2005 Tax Levy $ 72,363,629.38

Precentage of Collection Excluding Accelerated Tax Sale Proceeds


(Net Cash Collected divided by Item 5c) is 100.46%

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 2005 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 SFY06
FOR SENIOR CITIZENS AND VETERANS DEDUCTIONS

Debit Credit

1.Balance July 1, 2004 xxxxxxxxxx xxxxxxxxxx


Due From State of New Jersey 513,625.00 xxxxxxxxxx
Due To State of New Jersey xxxxxxxxxx -
2. Sr. Citizens Deductions Per Tax Billings 110,250.00 xxxxxxxxxx
3. Veterans Deductions Per Tax Billings 389,000.00 xxxxxxxxxx
4. Sr. Citizens Deductions Allowed By Tax Collector 2,000.00 xxxxxxxxxx
5. Veterans Deductions Allowed By Tax Collector 1,500.00 xxxxxxxxxx
6. - xxxxxxxxxx
7. Sr. Citizens Deductions Disallowed By Tax Collector xxxxxxxxxx 7,994.23
8. Sr. Citizens Ded. Disallowed.By Tax Collector SFY 2006 xxxxxxxxxx -
9. Received in Cash from State xxxxxxxxxx 513,625.00
10. -
11. - -
12. Balance JUNE 30, 2006 xxxxxxxxxx xxxxxxxxxx
Due From State of New Jersey xxxxxxxxxx 494,755.77
Due To State of New Jersey - xxxxxxxxxx
1,016,375.00 1,016,375.00

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


'SFY 2006 Senior Citizens and Veterans Deductions Allowed

Line 2 110,250.00
Line 3 389,000.00
Line 4, 5, & 6 3,500.00
Sub-Total 502,750.00
Less: Line 7 7,994.23
To Item 10, Sheet 22 494,755.77

Sheet 23
COMPUTATION OF APPROPRIATION: SFY06
RESERVE FOR UNCOLLECTED TAXES AND
AMOUNT TO BE RAISED BY TAXATION
IN SFY 2006 MUNICIPAL BUDGET

SFY 2006 SFY 2006


1. Total General Appropriations for SFY 2006 Municipal Budget Statement Item 8 (L)
(Exclusive of Reserve for Uncollected Taxes) 80015- 42,456,182.41 xxxxxxxxxxxxxxxx
2. Local District School Tax-School Budget Billing 7/1 - 12/31 80016- 23,856,072.00
Billing 1/1 - 6/30** 80017- 22,856,078.00 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- 8,605,631.26
Billing 1/1 - 6/30* 80021- 8,605,631.26 xxxxxxxxxxxxxxxx
7. Special District Taxes Billing 7/1 - 12/31 80022-
Billing 1/1 - 6/30* 80023- xxxxxxxxxxxxxxxx
8. Total General Appropriations & Other Taxes 80024-01 106,379,594.93
9. Less: Total Anticipated Revenues from SFY 2006 in Municipal
Budget (Item 5)
80024-02 29,807,669.29
10. Cash Required from SFY 2006 Taxes to Support Local Municipal Budget &
Other Taxes 80024-03 76,571,925.64
11. Amount of Item 10 Divided by 99.60% [820024-04] 76,879,443.42
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 2006.
(Amount Shown on Line 2 Above) 46,712,150.00
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, 2005 (Chap.136,
County Tax (Amount Shown on Line 6 Above) 17,211,262.52 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 12,956,030.90


Total Amount (see Line 11) 76,879,443.42
12. Appropriation: Reserve for Uncollected Taxes (Budget Statement, 307,517.77 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 42,456,182.41 revenues (Item 9)
Item 12 - Appropriation: Reserve for Uncollected Taxes 307,517.77 may never
Sub-Total 42,763,700.18 exceed the total
Less: Item 9 - Total Anticipated Revenues 29,807,669.29 of Items 1 & 12.
Amount to be Raised by Taxation in Municipal Budget 80024-07 12,956,030.90

Sheet 25
SCHEDULE OF DELINQUENT TAXES AND TAX TITLE LIENS SFY 2006

DEBIT CREDIT

1. Balance July 1, 2005 492,822.96 xxxxxxxxxx


A. Taxes 83102-00 162,863.25 xxxxxxxxxx xxxxxxxxxx
B. Tax Title Liens 83103-00 329,959.71 xxxxxxxxxx xxxxxxxxxx
2. Canceled: xxxxxxxxxx xxxxxxxxxx
A. Taxes 83105-00 xxxxxxxxxx 320,804.94
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 -
4. Added Taxes 83110-00 317,484.75 xxxxxxxxxx
5. Added Tax Title Liens 83111-00 - xxxxxxxxxx
6. Adjustment between Taxes (Other than current year) & Tax Title Liens: xxxxxxxxxx xxxxxxxxxx
A. Taxes - Transfers to Tax Title Liens 83104-00 xxxxxxxxxx -
B. Tax Title Liens - Transfers from Taxes 83107-00 - xxxxxxxxxx
7. Balance Before Cash Payments xxxxxxxxxx 489,502.77
8. Totals 810,307.71 810,307.71
9. Balance Brought Down 489,502.77 xxxxxxxxxx
10. Collected xxxxxxxxxx 192,573.57
A. Delinquent Taxes 83116-00 102,829.94 xxxxxxxxxx xxxxxxxxxx
B. Tax Title Liens 83117-00 89,743.63 xxxxxxxxxx xxxxxxxxxx
11. Interest and Costs - SFY 2006 Tax Sale 83118-00 xxxxxxxxxx
12.SFY 2006 Taxes Transferred to Liens 83119-00 47,670.42 xxxxxxxxxx
13.SFY 2006 Taxes 83123-00 84,181.38 xxxxxxxxxx
14 Balance JUNE 30, 2006 xxxxxxxxxx 428,781.00
A. Taxes 83121-00 140,894.50 xxxxxxxxxx xxxxxxxxxx
B. Tax Title Liens 83122-00 287,886.50 xxxxxxxxxx xxxxxxxxxx
15. Totals 621,354.57 621,354.57
16. Percentage of Cash Collections to Adjusted Amount Outstanding
(Item No. 10 divided by Item No. 9) is 39.34%
17. Item No. 14 multiplied by percentage shown above is $ 168,685.23 and represents the

maximum amount that my be anticipated in SFY 2006 . 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 2006
(PROPERTY ACQUIRED BY TAX TITLE LIEN LIQUIDATION)

Debit Credit

1. Balance July 1, 2005 84101-00 965,600.00 xxxxxxxxxxxxx


2. Foreclosed or Deeded in SFY 2006 xxxxxxxxxxxxx xxxxxxxxxxxxx
3. Tax Title Liens 84103-00 - 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 -
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, 2006 84114-00 xxxxxxxxxxxxx 965,600.00
965,600.00 965,600.00

CONTRACT SALES N/A

Debit Credit

15. Balance July 1, 2005 84115-00 - xxxxxxxxxxxxx


16. SFY 2006 Sales from Foreclosed Property 84116-00 - xxxxxxxxxxxxx
17. Collected * 84117-00 xxxxxxxxxxxxx -
18. 84118-00 xxxxxxxxxxxxx -
19. Balance JUNE 30, 2006 84119-00 xxxxxxxxxxxxx -
- -

MORTGAGE SALES N/A

Debit Credit

20. Balance July 1, 2005 84120-00 - xxxxxxxxxxxxx


21. SFY 2006 Sales from Foreclosed Property 84121-00 - xxxxxxxxxxxxx
22. Collected * 84122-00 xxxxxxxxxxxxx -
23. 84123-00 xxxxxxxxxxxxx -
24. Balance JUNE 30, 2006 84124-00 xxxxxxxxxxxxx -
Analysis of Sale of Property: $ - -
*Total Cash Collected in SFY 2006 (84125-00)
Realized in SFY 2006 Budget
To Results of Operation (Sheet 19)

Sheet 27
DEFERRED CHARGES SFY 2006
- 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, 2005 Amount in Amount Balance
Caused By per Audit SFY 2006 Resulting from as at
Report Budget SFY 2006 JUNE 30, 2006
1. Emergency Authorization -
Municipal* 2,609,609.56 2,609,609.56 - -
2. Special Emergency Authorizations (5 years)-
Municipal* - - 161,000.00 161,000.00

3. Deficit in Operations 134,927.60 134,927.60 - -

4. Overexpenditure of Appropriations 135,413.81 135,413.81 - -

5. Deficit in Community Center Reserve - - - -

6. Overexpenditure of App Reserves - - - -

7. Overexpenditure of Self Insurance Fund - - - -

8. Overexpenditure of Const. Planning Zoning Trust - - - -

9. Overexpenditure of Improvement Authorizations 63,924.34 63,924.34 - -

10. Overexpenditure of Grant Programs 3,958.51 3,958.51 - -

11. Expenditures without Appropriations - Grant Fund - - - -

2,947,833.82 2,947,833.82 161,000.00 161,000.00


* 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 2007
1.
2.
3.
4.

Sheet 28
SFY 2005
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 2005


Date Purpose Amount 1/3 of Amount Balance By SFY 2005 Canceled Balance
Authorized Authorized * June 30,2004 Budget by Resolution June 30, 2005

N/A
Sheet 30

Totals - - - - - -
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, 2006" must be entered here and then raised in th SFY 2006 budget
SCHEDULE OF BONDS ISSUED AND OUTSTANDING SFY 2006
AND SFY 2007 DEBT SERVICE FOR BONDS
(MUNICIPAL) GENERAL CAPITAL BONDS

2007 Debt
Debit Credit
Service

Outstanding July 1, 2005 80033-01 xxxxxxxxxxxxx 16,274,000.00


Issued 80033-02 xxxxxxxxxxxxx 9,100,000.00
Paid 80033-03 2,315,000.00 xxxxxxxxxxxxx

Outstanding, JUNE 30, 2006 80033-04 23,059,000.00 xxxxxxxxxxxxx


25,374,000.00 25,374,000.00
SFY 2007 Bond Maturities-General Capital Bonds - 80033-05 2,420,000.00
SFY 2007 Interest on Bonds* 80033-06 969,076.68
ASSESSMENT SERIAL BONDS
Outstanding July 1, 2005 80033-07 xxxxxxxxxxxxx -
Issued 80033-08 xxxxxxxxxxxxx -
Paid 80033-09 - xxxxxxxxxxxxx
- -
- -
Outstanding, JUNE 30, 2006 80033-10 - xxxxxxxxxxxxx
- -
SFY 2007 Bond Maturities-Assessment Bonds 80033-11 -
SFY 2007 Interest on Bonds* 80033-12 -
Total "Interest on Bonds - Debt Service" (*Items) 80033-13 969,076.68
LIST OF BONDS ISSUED DURING SFY 2006 N/A
SFY 2007
Purpose Amount Issued Date of Issue Interest Rate
Maturity
General Improvement Bonds - 9,100,000.00 01/01/06 4.00%

Total - 9,100,000.00 --------- ---------


80033-14 80033-15

Sheet 31
SCHEDULE OF BONDS ISSUED AND OUTSTANDING SFY 2006
AND SFY 2007 DEBT SERVICE FOR LOANS
(MUNICIPAL) GREEN ACRES LOAN

2007 Debt
Debit Credit
Service

Outstanding July 1, 2005 80033-01 xxxxxxxxxxxxx 849,401.84


Issued 80033-02 xxxxxxxxxxxxx -
Paid 80033-03 96,145.60 xxxxxxxxxxxxx

Outstanding, JUNE 30, 2006 80033-04 753,256.24 xxxxxxxxxxxxx


849,401.84 849,401.84
SFY 2007 Green Acres Loan Maturities 80033-05 98,078.13
SFY 2007 Interest on Green Acres Loan 80033-06 14,577.16
Total SFY 2007 Debt Service for Green Acres Loan 80033-13 112,655.29
(MUNICIPAL) INFRASTRUCTURE LOAN
Outstanding July 1, 2005 80033-07 xxxxxxxxxxxxx 3,412,135.39
Issued 80033-08 xxxxxxxxxxxxx -
Paid 80033-09 192,967.01 xxxxxxxxxxxxx
- -
- -
Outstanding, JUNE 30, 2006 80033-10 3,219,168.38 xxxxxxxxxxxxx
3,412,135.39 3,412,135.39
SFY 2007 Infrastructure Loan Maturities 80033-05 198,501.08
SFY 2007 Interest on Infrastructure Loan 80033-06 69,226.31
Total SFY 2007 Debt Service for Infrastructure Loan 80033-13 267,727.39

LIST OF LOANS ISSUED DURING SFY 2006


SFY 2007
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 2006
AND SFY 2007 DEBT SERVICE FOR BONDS
N/A
TYPE I SCHOOL TERM BONDS
SFY 2007 Debt
Debit Credit Service
Outstanding July 1, 2005 80034-01 xxxxxxxxxxxxx -
Paid 80034-02 - xxxxxxxxxxxxx
- -
Outstanding JUNE 30, 2006 80034-03 - xxxxxxxxxxxxx
- -
SFY 2007 Bond Maturities-Term Bonds 80034-04 $
SFY 2007 Interest on Bonds* 80034-05 $
TYPE I SCHOOL SERIAL BOND N/A
Outstanding July 1, 2005 80034-06 xxxxxxxxxxxxx -
Issued 80034-07 xxxxxxxxxxxxx -
Paid 80034-08 - xxxxxxxxxxxxx
- -
- -
Outstanding, JUNE 30, 2006 80034-09 - xxxxxxxxxxxxx
- -
SFY 2007 Interest on Bonds* 80034-10 $
SFY 2007 Bond Maturities - Serial Bonds 80034-11 $
Total "Interest on Bonds - Type I School Debt Service" (*Items) 80034-12 $
LIST OF BONDS ISSUED DURING SFY 2006 N/A
Purpose SFY 2007 Maturity -01 Amt Issued -02 Date of Issue Interest Rate

Total 80035-
SFY 2007 INTEREST REQUIREMENT - CURRENT FUND DEBT ONLY
Outstanding, June 30,2006 SFY 2007 Interest

1. Emergency Notes 80036- $ $


2. Special Emergency Notes 80037- $ $
3. Tax Anticipation Notes 80038- $8,058,000.00 $206,338.52
4. Interest on Unpaid State & County Taxes 80039- $ $
5. $ $
6. $ $

Sheet 32
DEBT SERVICE FOR NOTES (OTHER THAN ASSESSMENT NOTES) SFY 2006

Title or Purpose Original Original Amount of Date Rate SFY 2007 Budget Requirement Interest
of Issue Amount Date of Note of of For Principal For Interest Computed to
Issued Issue * Outstanding Maturity Interest ** (insert
06/30/06 date)

0 0.00% 0.00

0 0.00% 0.00
Sheet 33

0 0.00% 0.00

0 0.00% 0.00

Total - - - -
80051-01 80051-02

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 2004 or prior require one legally payable installment to be budgeted if it is contemplated that such notes
will be renewed in SFY 2007 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 2006

Title or Purpose Original Original Amount of Date Rate SFY 2007 Budget Requirement Interest
of Issue Amount Date of Note of of For Principal For Interest Computed
Issued Issue * Outstanding Maturity Interest ** to (Insert
06/30/06 Date)
1. N/A
2.
3.
4.
5.
6.
Sheet 34

7.
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 2003 or prior must be appropriated in full in the SFY 2007
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 2006

IMPROVEMENTS Balance July 1, 2005 Balance - JUNE 30, 2006


Specify each authorization by purpose. Do SFY 2006 Expended/ Authorizations
not merely designate by a code number Funded Unfunded Authorizations Encumbered Canceled Funded Unfunded

Various Capital Improvements-97-01 145,590.02 - (145,590.02) - - -


Sheet 35

Stabilization of Shabakunk Creek-99-10 262,745.10 - 77.25 262,667.85 -


Various Capital Improvements-01-28 573,827.43 - 73,827.43 500,000.00 -
Primrose Road Improvements-02-25 9,543.98 (19,474.08) (9,930.10) - -
Various Capital Improvements-04-02 462,318.39 (60,000.00) 106,386.88 295,931.51 -
Various Capital Improvements-04-14 - 601,735.27 - 506,155.15 95,580.12 -
Various Capital Improvements-05-19 17,514.90 - - 7,079.57 10,435.33 -
Various Capital Improvements-05-28 1,817,052.07 1,476,202.39 340,849.68 -
Various Capital Improvements-05-29 126,450.00 49,322.80 77,127.20 -
Reappropriation of Capital Improvements-06-22 233,012.03 233,012.03

Total 70000- 999,677.45 1,073,597.64 1,951,450.00 2,209,121.37 - 1,815,603.72 -


SFY 2006
GENERAL CAPITAL FUND
SCHEDULE OF CAPITAL IMPROVEMENT FUND

Debit Credit

Balance July 1, 2005 80031-01 xxxxxxxxxxxxxxxx -


Received from SFY 2006 Budget Appropriation * 80031-02 xxxxxxxxxxxxxxxx 238,355.00
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
xxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxx
Appropriated to Finance Improvement Authorizations 80031-04 213,355.00 xxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxx
Balance JUNE 30, 2006 80031-05 25,000.00 xxxxxxxxxxxxxxxx
238,355.00 238,355.00

Sheet 36
GENERAL CAPITAL FUND SFY 2006
SCHEDULE OF DOWN PAYMENTS ON IMPROVEMENTS

Debit Credit
Balance July 1, 2005 80030-01 xxxxxxxxxxxxxxxx -
Received from SFY 2006 Budget Appropriation* 80030-02 xxxxxxxxxxxxxxxx 217,700.00
Received from SFY 2006 Emergency Appropriation* 80030-03 xxxxxxxxxxxxxxxx -
- -
Appropriated to Finance Improvement Authorizations 80030-04 217,700.00 xxxxxxxxxxxxxxxx
- xxxxxxxxxxxxxxxx
Balance JUNE 30, 2006 80030-05 - xxxxxxxxxxxxxxxx
217,700.00 217,700.00

* The full amount of the 2006 appropriation should be transferred to this account unless the balance of the
appropriation is permitted to lapse.

CAPITAL IMPROVEMENTS AUTHORIZED IN SFY 2006


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 2006 or
Prior Years

Purchase of Equipment- Police 14,000.00 13,300.00 700.00 700.00


Purchase of Equipment- Roads 520,000.00 494,000.00 26,000.00 26,000.00
Purchase of Equipment- Recreation/ Parks 60,000.00 57,000.00 3,000.00 3,000.00
Purchase of Equipment- Recreation Program 60,000.00 57,000.00 3,000.00 3,000.00
Purchase of Equipment- Sanitation 128,000.00 121,600.00 6,400.00 6,400.00
Purchase of Equipment- Recreation/ Parks 97,000.00 92,150.00 4,850.00 4,850.00
Purchase of Equipment- Seniors 40,000.00 38,000.00 2,000.00 2,000.00
Purchase of Equipment- Technology 570,000.00 541,500.00 28,500.00 28,500.00
Purchase of Equipment- WTFC 65,000.00 61,750.00 3,250.00 3,250.00
Purchase of Equipment- Municipal Facilities Upgrade 21,000.00 19,950.00 1,050.00 1,050.00
Milling and Road Resurfacing- Roads 250,000.00 237,500.00 12,500.00 12,500.00
Purchase of Equipment- Police 17,500.00 - 17,500.00 17,500.00
Purchase of Equipment- EMS 2,500.00 - 2,500.00 2,500.00
Purchase of Equipment- B&G 4,450.00 - 4,450.00 4,450.00
Purchase of Equipment- Technology 102,000.00 - 102,000.00 102,000.00

Total 80032-00 1,951,450.00 1,733,750.00 217,700.00 217,700.00

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 2006
GENERAL CAPITAL FUND
STATEMENT OF CAPITAL SURPLUS
SFY 2006

Debit Credit
Balance July 1, 2005 80029-01 xxxxxxxxxxxxxxxx 98,440.57
Premium on Sale of Bond Anticipation Notes xxxxxxxxxxxxxxxx 365.00
Premium on Sale of Bonds xxxxxxxxxxxxxxxx 204,269.03
- -
- -
Prior Year Adjustment 95,595.00 -
Appropriated to Finance Improvement Authorizations 80029-02 - xxxxxxxxxxxxxxxx
Appropriated to SFY 2006 Budget Revenue 80029-03 98,440.57 xxxxxxxxxxxxxxxx
Balance JUNE 30, 2006 80029-04 109,039.03 xxxxxxxxxxxxxxxx
303,074.60 303,074.60

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, 2006
2. Amount of Cash in Special Trust Fund as of JUNE 30, 2006 (Note A)
3. Amount of Bonds Issued Under Item 1
Maturing in SFY 2007
4. Amount of Interest on Bonds with a
Covenant - SFY 2007 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 2007 appropriation column.

Sheet 38
MUNICIPALITIES ONLY SFY 2006
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 2006 was $ 72,363,629.38
2. Amount of Item 1 Collected in SFY 2006 (*) $ 73,076,787.77
3. Seventy (70) percent of Item 1 $ 50,654,540.57
(*) Including prepayments and overpayments applied.

B.
1. Did any maturities of bonded obligations or notes fall due during the year SFY 2006?
Answer YES or NO YES
2. Have payments been made for all bonded obligations or notes due on or before
JUNE 30, 2006?
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 2006 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 2005 $ -
2. 4% of SFY 2005 Tax Levy for all purposes:
Levy -- $ 72,012,493.63 = $ 2,880,499.75
3. Cash Deficit SFY 2006 $ -
4. 4% of SFY 2006 Tax Levy for all purposes:
Levy -- $ 72,363,629.38 = $ 2,894,545.18

E. Unpaid SFY 2005 SFY 2006 Total


1. State Taxes - - -
2. County Taxes - - -
3. Amounts due Special Districts - - -
4. Amounts due School Districts for Local School Tax 3,500,000.00 - 3,500,000.00

Sheet 39
SFY06

SHEETS 40 TO 68, INCLUSIVE, PERTAIN TO

UTILITIES ONLY

Note:

If no "utility Fund" existed on the books of account and if no utility was


owned and operated by the municipality during the year SFY 2006, please
observe instructions on Sheet 2.

Sheet 40