ANNUAL FINANCIAL STATEMENT FOR THE YEAR 2012 …

ANNUAL FINANCIAL STATEMENT FOR THE YEAR 2012 (UNAUDITED)

POPULATION LAST CENSUS -'.1-'14,"-56"'7 ___________ _

NET V ALUA TION TAXABLE 2012 ..::2""8..;.48""0.:..7:.;:2,,,,6,,,0=-2 _________ _

MUNICODE ::.0=-24:.::8'--____ _

FIVE DOLLARS PER DAY PENALTY IF NOT FILED BY: COUNTIES - JANUARY 26, 2013

MUNICIPALITIES - FEBRUARY 10,2013

ANNUAL FINANCIAL STATEMENT REQUIRED TO BE FILED UNDER NEW JERSEY STATUTES ANNOTATED 40A:5-12, AS AMENDED, COMBINED WITH INFORMATION REQUIRED PRIOR TO CERTIFICATION OF BUDGETS BY THE DIRECTOR OF THE DIVISION OF LOCAL GOVERNMENT SERVICES.

BOROUGH of RAMSEY , County of BERGEN

SEE BACK COVER FOR INDEX AND INSTRUCTIONS. DO NOT USE THESE SPACES

Date Examined By:

1 Preliminary Check

2 Examined

I hereby certit)' that the debt shown on Sheets 31 to 34a, 49 to 5 I a and 63 to 65a are complete, were computed by me and

can be supported upon demand by a register or other detailed aJl~ ~r::;h;

<l~_c::.....--Signatuf'

Title

(This must be signed by Chief Financial Officer, Comptroller, Auditor or Registered Municipal Accountant.)

REQUIRED CERTIFICATION BY THE CHIEF FINANCIAL OFFICER:

I hereby certit)' that I am responsible for filing this verified Annual Financial Statement, (xxxxxxxxxxxxx) or (which I have not prepared) [xxxxxxxxx] and information required also included herein and that this Statement is an exact copy of the original on file with the clerk of the governing body, that all calculations, extensions and additions are correct, that no transfers have been made to or from emergency appropriations and all statements contained herein are in proof; I further certify that this statement is correct insofar as I can determine from all the books and records kept and maintained in the Local Unit.

Further, I do hereby certit)' that I, , am the Chief Financial Officer, License # N-0803 ,of the Borough of •

Ramsey , County of Bergen and that the statements annexed hereto and made a part hereof are true statements of the financial condition of the Local Unit as at December 31, 2012, completely in compliance with NJ.S. 40A:5-12, as amended. I also give complete assurances as to the veracity of required information included herein, needed prior to certification by the Director of Local Government Services, including the verification of cash balances as of December 31, 2012.

Signature

Title Chief Financial Officer

Address 33 North Central Avenue Ramsey, NJ 07446

Phone Number (201) 825-3400 x.239

Fax Number (201) 236-2390

Email Address DBartalotta(iilRamsevNJ .com

IT IS HEREBY INCUMBENT UPON THE CHIEF FINANCIAL OFFICER, WHEN NOT PREPARED

BY SAID, AT A MINIMUM MUST REVIEW THE CONTENTS OF THIS Al\1NUAL FINANCIAL STATEMENT WITH THE PREPARER, SO AS TO BE FAMILIAR WITH THE REPRESENTATION~ AND ASSERTIONS MADE HEREIN.

Sheet I

THE REQUIRED CERTIFICATION BY AN RMA IS AS FOLLOWS:

Preparation by Registered Municipal Accountant (Statement of Statutory Auditor Only)

I have prepared the post-closing trial balances, related statements and analyses included in the accompanying Annual Financial Statement from the books of account and records made available to me by the Chief Financial Officer of the Borough of Ramsey as of December 31,20 12 and have applied certain agreed-upon procedures thereon as prom-ulgated by the Division of Local Government Services, solely to assist the Chief Financial Officer in connection with the filing of the Annual Financial Statement for the year then ended as required by N.J.S. 40A:5-12, as amended.

Because the agreed-upon procedures do not constitute an examination of accounts made in accordance with generally accepted auditing standards, I do not express an opinion on any of the post-closing trial balances, related statements and analyses. In connection with the agreed-upon procedures, (xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx) or (no matters) [xxxxxxxxxx] came to my attention that caused me to believe that the Annual Financial Statement for the year ended 12/31/2012 is not in substantial compliance with the re-quirements of the State of New Jersey, Department of Community Affairs, Division of Local Government Services. Had I performed additional procedures or had I made an examination of the financial statements in accordance with generally accepted auditing standards, other matters might have come to my attention that would have been reported to the governing body and the Division. This Annual Financial Statement relates only to the accounts and items prescribed by the Division and does not extend to the financial statements ofthe municipality/county, taken as a whole.

Listing of agreed-upon procedures not performed and/or matters coming to my attention of which the Director should be informed:

Certified by me

~

This~dayof ~,

h~/~~J ,2013

Sheet 1a

~

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,,-,_. ",.",.,,;,.~; !i:"> r-r"j, P Ii':: ;-;;::,-~,,,~-.. ,,,,g,,,.";; ", ..." ,~~, ~.

c::~,,~;J;f~illl Plame);: ,4,CCou':f?~nta _""""_''''~'''~~'''''''''''- ,,,,,,,,w>·,,,=,~,,,,~~""""'"

Dl\"~;;~:on nnd Poute 17 S, E1GX 3132

C"(i\%li'eiiS) N, ,J 070 ) '"

QAiLlS~-,- ;::'-,,- 0]0) <(Address)

Z;,) I ,0, 3. :3 , S,S8' (Phone Number)

2-bi ,C;3~02Z. ( (Fax Number)

UNIFORM CONSTRUCTION CODE CERTIFICATION BY CONSTRUCTION CODE OFFICIAL

The undersigned certifies that the municipality has compiled with the regula

tions governing revenues generated by uniform construction code fees and

expenditures for construction code operations for fiscal year 2012 as required

underNJ.A.C.5:23-4.17.

Printed Name:

Signature:

Certificate #:

Date:

Sheet I b

MUNICIPAL BUDGET LOCAL EXAMINATION QUALIFICATION CERTIFICATION BY

CHIEF FINANCIAL OFFICER

One of the following Certifications must be signed by the Chief Financial Officer if your municipality is eligible for local examination.

CERTIFICATION OF QUALIFYING MUNICIPALITY

I. The outstanding indebtedness of the previous fiscal year is not in excess of 3.5%

2. All emergencies approved for the previous fiscal year did not exceed 3% of total appropriations;

3. The tax collection rate exceeded 90%

4. Total deferred charges did not equal or exceed 4% of the total tax levy

5. There were no "procedural deficiencies" noted by the registered municipal accountant on Sheet I a of the Annual Financial Statement; and

6. There was no operating deficit for the previous fiscal year.

7. The municipality did not conduct an accelerated tax sale for less than 3 consecutive years.

8. The municipality did not conduct a tax levy sale the previous fiscal year and does not plan to conduct one in the current year.

9. The current year budget does not contain an appropriation or "CAP" wavier.

10. The municipality will not apply for Transitional Aid for 2013.

The undersigned certifies that this municipality has complied in full in meeting ALL of the above criteria in determining its qualification for local examination of its Budget in accordance with N.1.A.C. 5:30-7.5.

Municipality:

Chief Financial Officer:

Signature:

Certificate #:

Date:

CERTIFICATION OF NON-QUALIFYING MUNICIPALITY

The undersigned certifies that this municipality does not meet item(s) # __________ _ of the criteria above and therefore does not qualify for local examination of its Budget in accordance with N.1.A.C. 5-30-7.5.

Municipality:


Signature:

Certificate #:

Date:

Sheet Ie

22-6002236 Fed J.D. #

Ramsey Municipality

Bergen County

Report of Federal and State Financial Assistance

Expenditures of Awards

Fiscal Year Ending: 12/3112012

(1) (2)

Federal Programs Expended State

(administered by Programs the State) Expended

TOTAL $ 406,023.38 $ 39,672.32

(3)

Other Federal Programs Expended

$_---

Type of Audit required by OMB A-l33 and OMB 04-04:

Single Audit ------

_______ Program Specific Audit

X Financial Statement Audit Performed in Accordance With Government Auditing Standards (Yellow Book)

Note: All local governments, who are recipients of federal and state awards (financial assistance), must report the total amount of federal and state funds expended during its fiscal year and the type of audit required to comply with OMB A-l33 (Revised 6/27/03) and OMB 04-04. The single audit threshold has been increased to $500,000 beginning with fiscal year ending 12/31/03. Expenditures are defined in Section 205 ofOMB A-133.

(I) Report expenditures from federal pass-through programs received directly from state governments. Federal pass-through funds can be identified by the Catalog of Federal Domestic Assistance (CFDA) number reported in the State's grant/contract agreements.

(2) Report expenditures from state programs received directly from state government or indirectly from pass-through entities. Exclude state aid (I.e., CMPTRA, Energy Receipts tax, etc.) since there are no compliance requirements.

(3) Report expenditures from federal programs received directly from the federal government or indirectly from entities other than s~ate governments.

Signature Of Chief Financial Officer Sheet Id Date

IMPORTANT!

READ INSTRUCTIONS

INSTRUCTION

The following certification is to be used ONLY in the event there is NO municipality oper-

ated utility.

If there is a utility operated by the municipality or if a "utility fund" existed on the books of

account, do not sign this statement and do not remove any of the UTILITY sheets from the docu-

ment.

CERTIFICATION

I hereby certify that there was no "water utility fund" on the books of account and there was no

water utility owned and operated by the Borough of ________ ~R~a~m=s~e~y ______________ ___

County of Bergen during the year 2012 and that sheets 41 to 54 are unnecessary. There is

however, a swim pool utility and a water/sewer utility operated by the municipality on sheets 55 to 84.

I have therefore removed from this statement the Shee~t utility.

Nme~': ~ -.. .....

Title ~f'lA-

(This must be signed by the Chief Financial Officer, Comptroller, Auditor or Registered Munici-

pal Accountant.)

NOTE:

When removing the utility sheets, please be sure to refasten the "index" sheet (the last sheet

in the statement) in order to provide a protective cover sheet to the back of the document.

MUNICIPAL CERTIFICATION OF TAXABLE PROPERTY AS OF OCTOBER 1,2012

Certification is hereby made that the Net Valuation Taxable of property liable to taxation for

the tax year 2013 and filed with the County Board of Taxation on January 10, 2013 in accordance

with the requirement ofN.J.S.A. 54:4-35, was in the amount of $ ____________________ _

SIGNATURE OF TAX ASSESSOR

MUN[CIP ALITY

COUNTY

Sheet 2

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

POST CLOSING TRIAL BALANCE - CURRENT FUND

AS AT December 31, 2012

Cash Liabilities Must be Subtotaled and Subtotal Must be Marked With "C" ~ Taxes Receivable Must Be Subtotaled

Title of Account

I Debit ~

Cash 8,223,602.00

Investments

Change Fund 425.00

Subtotal 8,224,027.00

Receivables with Full Reserves:

Property Taxes 710,732.32

Tax Title Liens 91,914.95

Foreclosed Property 122,400.00

Revenue Receivable 8,002.46

Due from Other Trust Fund 174,625.32

Due from Water Operating Fund 151,591.58

Due from Swim Pool Capital Fund 10,000.00

Due from Swim Pool Operating Fund 245.87

Due from Library 148,180.93

Misc. Receivable 2,67 l.l 5

1,420,364.58

Deposit - IRC Section 125 Plan 20,400.00

Totals 9,664,791.58

(Do not crowd - add additional sheets)

Sheet 3

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

POST CLOSING TRIAL BALANCE - CURRENT FUND (CONT'D)


Cash Liabilities Must be Subtotaled and Subtotal Must be Marked With "C" - Taxes Receivable Must Be Subtotalec

Title of Account

I Debit Credit

Appropriation Reserves 1,852,557.04

Reserve for Encumbrances 791,885.78

Reserve for Encumbrances - Equipment

Due to State of New Jersey- Seniors and Vets 1,181.07

Prepaid Taxes 325,211.96

Prepaid Revenues 15,975.00

Reserve for Drainage Study 84,702.44

Security Deposits

Accounts Payable 19,721.45

County Taxes Payable 16,954.22

Tax Overpayments 5,423.65

Reserve for Tax Appeals Pending 305,407.65

Outside TTL Payable 38,573.53

Due to Trust - Animal Control Fund 15,186.00

Due Federal and State Grant Fund 440,661.30

Due to State of New Jersey:

Construction Code Surcharge 6,292.00

Human Service Fees 225.00

Reserve for Road Opening Deposits 3,186.00

Reserve for Security Deposits 40,770.00

Reserve For BAN Premiums 53,090.16

Reserve for Tax Sale Premiums 1,400.00

4,018,404,25 "et!

Reserve for Receivables 1,420,364.58

Fund Balance 4,226,022.75

Totals 9,664,791.58 ,--9,664,791.58


Sheet 3a

POST CLOSING TRIAL BALANCE - PUBLIC ASSISTANCE FUND

Title of Account

Cash - Trust Fund I

Due from Client

Reserve for Public Assistance:

Trust Fund I

Accounts # 1 and #2 * AS AT December 31,2012

I Debit


*' To be prepared in compliance with Department of Human Services Municipal Audit Guide,

Public Welfare, General Assistance Program.

Sheet 4

Credit

-

-

- -

POST CLOSING TRIAL BALANCE -FEDERAL AND STATE GRANTS

AS AT December 31,2012

Title of Account I . Debit I Credit

State and Federal aid Receivable 39,842.40

Due from Current Fund 440,661.30

Unappropriated Reserve 58,798.33

Appropriated Reserve 343,070.59

Due to General Trust Fund 78,634.78

480,503.70 480,503.70

·

·

·

·

•

•

· .

I


Sheet 5

POST CLOSING TRIAL BALANCE - TRUST FUNDS

(Assessment Section Must be Separately Stated)


""'""ooo~ I "'";0-- O<illo

Animal Control Fund:

Cash 57,576.19

Due from Current Fund 15,186.00

Due from State of New Jersey 116.00

Reserve for Animal Control 72,878.19

72,878.19 72,878.19

Other Trust Funds:

Cash 3,340,609.05

Due from Grant Fund 78,634.78

Miscellaneous Receivable 480.00

Due to Current Fund 174,625.32

Police Extra Duty Reserve 73,328.19

Reserves and Other Deposits 3,165,279.40

Due to the State of New Jersey - Public Defender 6,490.92

3,419,723.83 3,419,'723.83


Sheet 6

MUNICIPAL PUBLIC DEFENDER CERTIFICATION

Public Law 1997, C. 256

Municipal Public Defender Expended Prior Year 2011: .. ... ... ... ... ... ... ... ... ... .... (1)

(2)

Municipal Public Defender Trust Cash Balance December 31,2012: (3)

$ 5,464.00 x 25%

$ 1,366.00

$ 7,272.81

Note: If the amount of money in a dedicated fund established pursuant to this section exceeds by more than 25% the amount which the municipality expended during the prior year providing the services of a municipal public defender, the amount in excess of the amount expended shall be forwarded to the Criminal Disposition and Review Collection Fund administered by the Victims of Crime Compensation Board.

Amount in excess of the amount expended: 3 - (1 + 2) = .................. ......... ......... ...... ... $ 442.81

The undersigned certifies that the municipality has complied with the regulations governing Municipal Public Defender as required under Public Law 1997, C. 256.


Signature:

Certificate #:

Date:

Sheet 6a

Schedule of Trust Fund Reserves

Amount Dec. 31, 2011 Balance

per Audit as at Purpose Report Receipts Disbursements Dec. 31. 2012

1. Various Deposits $ 9,089.83 $ $ $ 9,089.83

2. Traffic Study 15,000.00 15,000.00

" Special Reserves 3,701.80 3,701.80 .J.

4. Tennis Facilities 10,462.93 10,462.93

5. Unemployment 52,470.03 70,825.80 43,021.49 80,274.34

6. Shade Tree 165,659.11 125.00 165,784.11

7. Fire Prevention 16,229.30 16,229.30

8. Retirement 1,087,180.49 100,000.00 153,025.48 1,034,155.01 ."

9. Recycling 375,071.30 10,023.56 175,877.55 209,217.31

10. COAH 1,571,800.09 63,987.58 835,061.04 800,726.63

11. Fine Arts 4,443.67 4,443.67

12. Public Defender 4,262.81 3,010.00 442.81 6,830.00

13. Recreation 8,667.57 104,344.70 92,587.49 20,424.78

14. Planning Board 421,731.22 201,375.45 102,230.80 520,875.87

15. Parking Adj. 1,081.21 38.00 589.43 529.78

16. Unallocated 2,723.64 2,723.64

17. Drug Alliance 17,045.05 1,5::)8.01 15,517.04

18. Tax Sale Premium 176,600.00 178,500.00 108,800.00 __ 246,300.00

1,). Film Security Deposits 2,993.36 2,993.36

20.

21.

22.

23.

24.

25.

26.

27.

28.

29.

30.

Totals: $ 3,946,213.41 $ 732,230.09 $ 1,513,164.10 $ 3,165,279.40

Sheet 6b

f ~

ANALYSIS OF TRUST ASSESSMENT CASH AND INVESTMENTS PLEDGED TO LIABILITIES AND SURPLUS

Audit RECEIPTS

Title of Liability to which Cash Balance Assessments Current Disbursements Balance

and Investments are Pledged Dec. 31,2011 and Liens Budget Dec. 31, 2012

Assessment Serial Bond Issues: XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX

Assessment Bond Anticipation Note Issues: XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX

N/A

Other Liabilities

Trust Surplus

*Less Assets "Unfinanced" XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX

*Show as a red figure Sheet 7

XX

XX

XX

POST CLOSING TRIAL BALANCE - GENERAL CAPITAL FUND

AS AT December 31,2012

------ ~-~--

Title of Account

I Debit

Est. Proceeds Bonds and Notes Authorized 1,235,050.00

Bonds and Notes Authorized but Not Issued XXXXXXXX

Cash

Deferred Charges to Future Taxation:

Funded

Unfunded

State and Federal Grants Receivable:

Transportation Trust

Bergen County Grant Receivable

Notes Payable

Encumbrance Payable

Improvement Authorizations:

Funded

Unfunded

Capital Improvement Fund

Downpayments

Reserve to Pay BANs

Reserve for Special Purpose

Reserve for Drainage Study

Due to Water/Sewer Fund

1,458,358.68

6,941,350.00

588,518.10

165.00

8,988,391.78


Sheet 8

~~~--

Credit

XXXXXXXX

1,235,050.00

5,706,300.00

438,047.92

658,931.09

1,602,791.06

228,788.82

755.00

296,059.38

4,545.21

51,833.48

339.82

8,988,391.78

CASH RECONCILIATION DECEMBER 31,2012 .

Less Checks Cash Book 'On Hand un ue OSlt Outstanding Balance

Current 567,367.76 7,741,118.59 84,884.35 8,223,602.00

Trust - Assessment -

Trust - Dog License 57,576.19 57,576.19

Trust - Other 839.10 3,385,202.35 45,432.40 3,340,609.05

Capital - General 31,360.70 1,427,084.83 86.85 1,458,358.68

Water/Sewer - Operating 870.95 2,110,850.02 9,910.63 2.101,810.34

Water/Sewer - Capital - - -

Public Assistance** - - -

Swim Pool - Operating 83,424.32 8,999.66 74,424.66

Swim Pool - Capita. 1,282.73 - 1,282.73

Total 600,438.51 14,806,539.03 149,313.89 15,257,663.65 * - Include Deposits In Transit ** - Be sure to include a Public Assistance reconciliation and trial balance if the municipality maintains such a bank account

REQUIRED CERTIFICATION I hereby certifY that all amounts shown in the "Cash on Deposit" column on Sheet 9 and 9(a) have been verified with the

applicable bank statements, cerUicates, agreements or passbooks at December 31, 2012. 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 December 31,2012 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 I or I(a).

Signature:

Sheet 9

CASH RECONCILIATION DECEMBER 31,2012 (cont'd. LIST BANKS AND AMOUNTS SUPPORTING "CASH ON DEPOSIT"

TD Bank:

Current Fund 7,741,118.59

Current Fund Investment -Public Assistance Trust #1 -

Public Assistance Trust #2 -COAH Trust 800,726.63

Recycling Trust 262,052.92

Unemployment Trust 80,279.11

General Trust 1,271,553.07

General Trust Investment 502,599.91

General Trust Escrow 525,566.90

General Capital Fund 1,427,084.83

Swimming Pool Operating Fund 83,424.32

Swimming Pool Capital Fund 1,282.73

Water/Sewer Operating Fund 2, II 0,850.02

14,806,539.03

-

------- , 14,806,539.03

Note: Sections N.l.S. 40A:4-61, 40A:4-62 and 40A:4-63 of the Local Budget Law require that separate bank accounts be maintained for each allocated fund.

Sheet 9a

~

[ <5

Grant

Drug Alliance

Alcohol Rehabilitation

Recycling Tonnage Grant

Clean Communities

Drunk Driving Enforcement Fund

NJ Body Armor

Bergen County Clean-up Grant

MUNICIPALITIES AND COUNTIES FEDERAL AND STATE GRANTS RECEIVABLE

I

Balance 2012 Budget 0 Cancelled D January 1, 2012 Revenue Realized

17,957.00 10,356.00 4,337.39

2,698.15 2,698.15

22,788.41 22,788.41

6,432.03 6,432.03

300.00 300.00

Assoc ofN] Environmental Resource Inventory 7,500.00

Buffer Zone Protection 8,366.79

EMMA 5,000.00 5,000.00

Totals 17,957.00 63,441.38 41,555.98

Sheet 10

Balance December 31,2012

23,975.61

-

-

• -

-,

-

-

7,500.00

8,366.79

-

39,842.40

Grant ;

Green Communities - Match

Assoc. ofNJ Envir. Comm. - Envir. Res. Illv.


Clean Communities

Alcohol Rehabilitation & Education

Drug Alliance

NJ Nonpublic Nursing Services

Drunk Driver Prevention

NJ DOC Body Armor

US DOJ Body Armor

Recycling Tonnage

PD 200 Club

Storm Water Management

FEMA

Bergen County Cleanup Grant

Buffer Zone Protection Grant

EMMA

SCHEDULE OF APPROPRIATED RESERVES FOR FEDERAL AND STATE GRANTS

Transferred from 2012

EI:J Balance Budget Ap ropriations Due from January 1,2012 Budget Appropriation Trust Fund

By 40A:4-87

3,000.00

7,500.00

41,964.53 6,590.00 6,432.03 8,441.96

38,949.25 23,180.00 22,788.41 9,753.62

15,221.61 2,698.15 12,773.85

4,462.62 10,356.00 5,444.22

56,825.03

1,643.40

3,056.00' 2,579.70

868.91

62,660.74 45,289.00

2,884.00

10,207.00

2,499.44 678.97

300.00

8,366.79

5,000.00

-

235,302.53 102,155.00 45,285.38 - 39,672.32

Sheet 11

Cancel Prior Balance Encumbrance December 31, 2012

3,000.00

7,500.00

46,544.60

75,164.04

5,145.91

9,374.40

56,825.03

1,643.40

476.30

868.91

107,949.74

2,884.00

10,207.00

1,820.47

300.00

8,366.79

5,000.00

-

343,070.59

go a ..

Grant

Totals

SCHEDULE OF APPROPRIATED RESERVES FOR FEDERAL AND STATE GRANTS (cont.)

I 'ruMOO Budget Appropriations Expended Cancel Budget Appropriation . December 31, 20 II

By40A:4-87

-------

Sheet Ila

Cancel Prior Balance Encumbrance December 31,2012

Grant

Alcohol Rehabilitation and Education

Clean Communities

Recycling Tonnage

Office of Emergency Management

NJ DOC Body Armor

US DOJ Body Armor ~

[ N COPS in Shop

FEMA

NJ Nonpublic Nursing Services

Over the Limit


Drunk Driver Prevention

200 Club

Totals

SCHEDULE OF UNAPPROPRIATED RESERVES FOR FEDERAL AND STATE GRANTS

I

Transferred from 2012 Balance Budget Appropriations Received Canceled

January 1,2012 Budget Appropriation By 40A:4-87

3,020.34

30,980.46 23,180.00

45,588.64 45,289.00 44,637.78

-

3,056.22 3,056.00 3,039.41

-

-

5,000.00 5,000.00

-

-

6,590.48 6,590.00

-

2,884.00 2,884.00

97,120.14 80,999.00 47,677.19 5,000.00

Sheet 12

Balance December 31, 2012

3,020.34

7,800.46

44,937.42

-

3,039.63

-

-

-

-

-

0.48

-

-

-

-

58,798.33

*LOCAL DISTRICT SCHOOL TAX

Balance January 1,2012

School Tax Payable # 85001-00 School Tax Deferred (Not in excess of 50% of Levy - 2011 - 2012) 85002-00

Levy School Year July 1,2012 - June 30, 2013

Levy Calendar Year 2012

Paid


School Tax Payable # 85003-00 School Tax Deferred (Not in excess of50% of Levy - 2012 - 2013) 85004-00

* Not including Ty'Pe 1 school debt service, emergency authorizations-schools, transfer to

Board of Education for use of local schools

# Must include unpaid requisitions

II Debit

XXXXXXXX

XXXXXXXX

XXXXXXXX

XXXXXXXX

XXXXXXXX

49,779,649.50

XXXXXXXX

49,779,649.50

MUNICIPAL OPEN SPACE TAX

Debit

Balance January 1,2012 85045-00 XXXXXXXX

2012 Levy 85105-00 XXXXXXXX

Interest Earned N/A XXXXXXXX

Expenditures

Balance December 31, 2012 85046-00

Sheet 13

II Credit

XXXXXXXX

49,779,649.50

XXXXXXXX

XXXXXXXX

XXXXXXXX

XXXXXXXX

49,779,649.50

Credit

XXXXXXXX

XXXXXXXX

REGIONAL SCHOOL TAX (Provide a separate statement for each Regional District involved)

II Debit

/I Credit

Balance January 1, 2012 XXXXXXXX XXXXXXXX

School Tax Payable # 85031-00 XXXXXXXX School Tax Deferred (Not in excess of50% of Levy - 2011 - 2012) 85032-00 XXXXXXXX

Levy School Year July 1, 2012 - June 30, 2013 XXXXXXXX

Levy Calendar Year XXXXXXXX

Paid N/A XXXXXXXX

Balance December 31, 2012 XXXXXXXX XXXXXXXX



REGIONAL HIGH SCHOOL TAX

II Debit -II Credit

Balance January 1,2012 XXXXXXXX XXXXXXXX


Levy School Year July 1,2012 - June 30, 2013 XXXXXXXX

Levy Calendar Year XXXXXXXX

Paid N/A xxxxxxxx




Sheet 14

COUNTY TAXES PAYABLE ---------- ------

II Debit

II Credit

Balance January 1, 2012 XXXXXXXX XXXXXXXX

County Taxes 80003-01 XXXXXXXX 23,528.71

Due County for Added and Omitted Taxes 80003-02 XXXXXXXX

2012 Levy: XXXXXXXX XXXXXXXX

General County 80003-03 XXXXXXXX 7,630,992.22

County Library 80003-04 XXXXXXXX

County Health XXXXXXXX

County Open Space Preservation XXXXXXXX 88,315.55

Due County for Added and Omitted Taxes 80003-05 XXXXXXXX 16,954.22

Paid 7,742,836.48 XXXXXXXX


County Taxes XXXXXXXX

Due County for Added and Omitted Taxes 16,954.22 XXXXXXXX

7,759,790.70 7,759,790.70

SPECIAL DISTRICT TAXES

II Debit

II Credit


Levy: (List Each Type of District Tax Separately - see Footnote) XXXXXXXX XXXXXXXX

Fire - 81108-00 XXXXXXXX XXXXXXXX

Sewer - 81111-00 XXXXXXXX XXXXXXXX

Water - 81112-00 XXXXXXXX XXXXXXXX

Garbage - 81109-00 XXXXXXXX XXXXXXXX

Open Space- 81105-00 XXXXXXXX XXXXXXXX

XXXXXXXX xxxxxxxx N/A xxxxxxxx XXXXXXXX

Total Levy 80003-07 XXXXXXXX

Paid 80003-08 XXXXXXXX


Footnote: Please state the number of districts in each instance

Sheet 15

STATE LIBRARY AID RESERVE FOR MAINTENANCE OF FREE PUBLIC LIBRARY WITH STATE AID

Debit Credit

Balance January 1,2012 80004-01 XXXXXXXX XX

State Library Aid Received 2012 80004-02 XXXXXXXX XX

Expended N/A 80004-09 XXXXXXXX XX


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





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





RESERVE FOR LIBRARY SERVICES WITH FEDERAL AID



Exoended N/A 80004-15 XXXXXXXX XX


Sheet 16

STATEMENT OF GENERAL BUDGET REVENUES 2012

Source

II Budget

II Realized

I Excess or Deficit*

-01 -02 -03

Surplus Anticipated 80101- 3,050,000.00 3,050,000.00 -Surplus Anticipated with Prior Written Consent of Director of Local Government 80102-

Miscellaneous Revenue Anticipated: XXXXXXXX XXXXXXXX XXXXXXXXX

Adopted Budget 3,947,076.00 4,023,152.12 76,076.12

Added by NJ.S. 40A:4-87: (Li,.( on 17a) 45,285.38 45,285.38 -

Total Miscellaneous Revenue Anticir:ated 80103- 3,992,361.38 4,068,437.50 76,076.12

Receipts from Delinquent Taxes 80104- 475,000.00 675,774.24 200,774.24

Amount to be Raised by Taxation: XXXXXXXX XXXXXXXX xxx xxx xxx

(a) Local Tax for Municipal Purposes 80105- 15,064,270.83 XXXXXXXX XXXXXXXXX

(b) Addition to Local District S·,hool Tax 80106- XXXXXXXX XXXXXXXXX

(c) Minimum Library Tax 1,170,894.94 XXXXXXXX XXXXXXXXX

Total Amount to be Raised by Taxation 80107- 16,235,165.77 16,930,430.80 695,265.03

23,752,527.15 24,724,642.54 972,115.39

ALLOCATION OF CURRENT TAX COLLECTIONS

Current Taxes Realized in Cash (Totel ofltem 10 or 14 on Sheet 22) 80108-00

Amount to be Raised by Taxation

Local District School Tax 80109-00

RepionalSchoolTa~ 80119-00

Repiona1 Hiph School Tax 80110-00

County Taxes 80111-00

Due County for Added and Omitted Taxes 80112-00

Soecial District Taxes 80113-00

Municipal Open Space Tax 80120-00

Reserve for Uncollected Taxes 80114-00

Deficit in Reauired Collection of Current Taxes (or) 80115-00

Balance for SunnOr! of Municinal Bujpet (or) 80116-00

*Excess Non-Budget Revenue (see fcotnote) 80117-00

*Deficit Non-Budget Revenue (see fcotnote) 80118-00

* 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

Debit Credit

XXXXXXXX 72,946,342.29

XXXXXXXX XXXXXXXXX

49,779,649.50 XXXXXXXXX

XXXXXXXXX

XXXXXXXXX

7,719,307.77 XXXXXXXXX

16,954.22 XXXXXXXXX

XXXXXXXXX

XXXXXXXXX

XXXXXXXX 1,500,000.00

XXXXXXXX

16,930,430.80 XXXXXXXXX

XXXXXXXXX

XXXXXXXX

74,446,342.29 74,446,342.29

STATEMENT OF GENERAL BUDGET REVENUES 2012 (Continued)

MISCELLANEOUS REVENUES ANTICIPATED: ADDED BY N.J.S. 40A:4-87

Source

II Budget

II Realized I Excess or Deficit

N/A

Total (Sheet 17)

Sheet 17a

STATEMENT OF GENERAL BUDGET APPROPRIATIONS 2012

2012 Budget as Adopted 80012-01

2012 Budget - Added by NJ.S. 40A:4-87 80012-02

Appropriated for 2012 (Budget Statement Item 9) 80012-03

Appropriated for 2012 by Emergency Appropriation (Budget Statement Item 9) 80012-04

Total General Appropriations (Budget Statement Item 9) 80012-05

Add: Overexpenditures (see footnote) 80012-06

Total Appropriations and Overexpenditures 80012-07

Deduct Expenditures:

Paid or Charged [Budget Statement Item (L)] 80012-08 20,364,214.69

Paid or Charged - Reserve for Uncollected Taxes 80012-09 1,500,000.00

Reserved 80012-10 1,852,557.04

Total Expenditures 80012-11

Unexpended Balances Canceled (see footnote) 80012-12

FOOTNOTES - RE: OVEREXPENDITURES

Every appropriation 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 "Unexpended Balances Canceled",

23,707,241.77

45,285.38

23,752,527.15

23,752,527.15

23,752,527.15

23,716,771.73

35,755.42

SCHEDULE OF EMERGENCY APPROPRIATIONS FOR LOCAL DISTRICT SCHOOL PURPOSES

(EXCEPT FOR TYPE I SCHOOL DEBT SERVICE)

2012 Authorizations

NJ.S. 40A:4-46 (After adoption of Budget)

NJ.S. 40A:4-20 (Prior to adoption of Budget)

Total Authorizations

Deduct Expenditures: N/A

Paid or Charged

Reserved

Total Expenditures

Sheet 18

RESULTS OF 2012 OPERATION

CURRENT FUND

---- -----------

II Debit Credit

Excess of anticipated Revenues: XXXXXXXX XXXXXXXX

Miscellaneous Revenues anticipated 80013-01 XXXXXXXX 76,076.12

Delinquent Tax Collections 80013-02 XXXXXXXX 200,774.24

XXXXXXXX

Required Collection of Current Taxes 80013-03 XXXXXXXX 695,265.03

Unexpended Balances of2012 Budget Appropriations 80013-04 XXXXXXXX 35,755.42

Miscellaneous Revenue Not Anticipated 81113- XXXXXXXX 886,195.78 Miscellaneous Revenue Not Anticipated:

Proceeds of Sale of Foreclosed Property (Sheet 27) 81114- XXXXXXXX

Payments in Lieu of Taxes on Real Property 81120- XXXXXXXX

Sale of Municipal Assets XXXXXXXX

Unexpended Balances of2011 Appropriation Reserves 80013-05 XXXXXXXX 1,207,711.71

Prior Years Interfunds Returned in 2012 80013-06 XXXXXXXX 217,283.23

Cancelled Outstanding Checks XXXXXXXX

Cancel Tax Overpayments XXXXXXXX 0.93

Canceled FEMA Grant XXXXXXXX 5,000.00

Deferred School Tax Revenue: (See School Taxes, Sheets 13 & 14) XXXXXXXX XXXXXXXX


Balance December 31, 2012 80013-08 XXXXXXXX

Deficit in Anticipated Revenues: XXXXXXXX XXXXXXXX

Miscellaneous Revenues Anticipated 80013-09 XXXXXXXX

Delinquent Tax Collections 80013-10 XXXXXXXX

XXXXXXXX

Required Collection of Current Taxes 80013-11 XXXXXXXX

Interfund Advances Originating in 2012 80013-12 300,018.38 XXXXXXXX

Mise Operations Charge 8,631.85 XXXXXXXX

Prior Year Sen & Vets Disallowed 2,171.93 XXXXXXXX

Refund of Tax Appeals XXXXXXXX

Bank Service Charges XXXXXXXX

Deficit Balance - To Trial Balance (Sheet 3) 80013-13 XXXXXXXX

Surplus Balance - To Surplus (Sheet 21) 80013-14 3,013,240.30 XXXXXXXX

3,324,062.46 3,324,062.46

Sheet 19

SCHEDULE OF MISCELLANEOUS REVENUES NOT ANTICIPATED

Source

I Amount Realized

Bid Specs 1,912.00

Photocopies, Duplicate Bills 477.23

Insurance DividendslReimbursements 20,454.40

Lawson Restitution 750.00

DPW Inspection Fines 300.00

Senior & Vet Administration Fees 2,081.56

Ramsey Day Contributions/Centenial 28,000.00

Ramsey Day Camp 52,590.00

Taste of Ramsey 850.00

Snow Plow Reimbursements 5,708.00

Recycling Pails 544.00

Interest on Investments 12,300.97

Misc Permits 155.00

Miscellaneous 18,041.81

Police Found Money 62.52

Unclaimed Bail 800.00

NSF Check Fees 955.00

Blue CrosslBlue Shield Rebate 408,363.00

Ramsey Day Contributions - Booth 3,750.00

Pmt in Lieu of Taxes 53,095.00

Other Reimbursements 65.48

Municipal Charges 17,332.78

FEMA- Hurricane Irene 59,393.17

FEMA- October Snowstorm 170,830.21

Public Assistance Close of Accounts 26,657.65

Homestead Rebate Admin Fee 726.00

Total Amount of Miscellaneous Revenues Not Anticipated (Sheet 19) $ 886,195.78

Sheet 20

SURPLUS-CURRENTFUND YEAR 2012

Debitlf

1. Balance January 1,2012 80014-01 XXXXXXXX

2. XXXXXXXX

3. Excess Resulting from 2012 Operations 80014-02 XXXXXXXX

4. Amount Appropriated in the 2012 Budget - Cash 80014-03 3,050,000.00 5. Amount Appropriated in the 2012 Budget - with Prior

Written Consent of Director of Local Government Services 80014-04

6.

7. Balance December 31,2012 80014-05 4,226,022.75 7,276,022.75

Credit

4,262,782.45

3,013,240.30

XXXXXXXX

XXXXXXXX

XXXXXXXX

XXXXXXXX 7,276,022.75

ANALYSIS OF BALANCE DECEMBER 31,2012 (FROM CURRENT FUND - TRIAL BALANCE)

Cash

Investments

Sub Total

Deduct Cash Liabilities Marked with "C" on Trial Balance

Cash Surplus

Deficit in Cash Surplus

Other Assets Pledged to Surplus: * (I) Due from State cofNJ. Senior

Citizens and Veterans Deduction 80014-16

Deferred Charges # 80014-12

Cash Deficit # 80014-13

Cafeteria Plan

Total Other Assets

* 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 2012 BUDGET.

(1) MAY BE ALLOWED UNDER CERTAIN CONDITIONS.

--- -----

80014-06

80014-07

80014-08

80014-09

80014-10

20,400.00

80014-14

80014-15

NOTE: Deferred charges for authoriz1ltions 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.! (Roads and Bridges, etc.) ,md N.J,S. 40A:4-55.I3 (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

8,224,027.00

8,224,027.00

4,018,404.25

4,205,622.75

20,400.00

4,226,022.75

(FOR MUNICIPALITIES ONLY)

CURRENT TAXES - 2012 LEVY I. Amount of Levy as per Duplicate (Analysis) # 82101-00 $ 73,736,602.57

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 $

4. Amount Levied for Added Taxes under 82104-00 $ 161,367.07 N.J.S.A. 54:4-63.1 et. seq.

4a. 6% Penalty $ 25,723.75

5a. Subtotal 2012 Levy $ 73,923,693.39 5b. Reductions due to tax appeals ** $ 5c. Total 2012 Tax Levy 82106-00 $ 73,923,693.39

6. Transferred to Tax Title Liens 82107-00 $ 4,600.66

7. Transferred to Foreclosed Property 82108-00 $

8. Remitted, Abated or Canceled 82109-00 $ 262,018.12

9. Discount Allowed 82110-00 $

10. Collected in Cash: In 2011 82121-00 $ 371,809.06

In 2012 * 82122-00 $ 72,467,283.23

R.E.A.P. Revenue $

State's Share of2012 Senior Citizens and Veterans Deductions Allowed 82123-00 $ 107,250.00

Total to Line 14 82111-00 $ 72,946,342.29

II. Total Credits $ 73,212,961.07

12. Amount Outstanding December 31, 2012 83120-00 $ 710,732.32

13. Percentage of Cash Collections to Total 2012 Levy, (Item 10 divided by Item 5c) is 98.68%

82112-00

Note: If municipality conducted Accelerated Tax Sale or Tax Levy Sale check here & complete sheet 22a

14. Calculation of Current Taxes Realized in Cash:

Total of Line 10 Less: Reserve for Tax Appeals Pending

State Division of Tax Appeals

To Current Taxes Realized in Cash (Sheet 17)

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/ $1,500,000 or .699985. The correct percentage to be shown as Item 13 is 69.99% and not 70.00%, nor 69.999%

# Note: On Item I if Duplicate (Analysis) Figure is used; be sure to include Senior Citizens and Veterans Deductions.

* Include overpayments applied as part of 20 12 collections.

$ 72,946,342.29

$_----

$ 72,946,342.29

** Tax appeals 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 municipal budget.

Sheet 22

ACCELERATED TAX SALE / TAX LEVY SALE - CHAPTER 99

To Calculate Underlying Tax Collection Rate for 2012

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) .......................................................................... $

LESS: Proceeds from Accelerated Tax Sale ............................................................................ .

NET Cash Collected .................................................................................... $

Line 5c (sheet 22) Total 2012 Tax Levy ................................................................................... $

Percentage of Collection Excluding Accelerated Tax Sale Proceeds (Net Cash Collected divided by Item 5c) is ............................................................................. .

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 2012 Tax Levy ................................................................................... $

Percentage of Collection Excluding Accelerated Tax Sale Proceeds

%

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

N/A

Sheet 22a

SCHEDULE OF DUE FROM/TO STATE OF NEW JERSEY FOR SENIOR CITIZENS AND VETERANS DEDUCTIONS

I. Balance January 1, 2012

Due From State of New Jersey

Due To State of New Jersey

2. Sr. Citizens Deductions Per Tax Billings

3. Veterans Deductions Per Tax Billings

4. Sr. Citizens Deductions Allowed By Tax Collector

5. Veterans Deductions Allowed by Tax Collector

6. State ofNJ Audit Receipts from Taxpayers

7. Sr. Citizens Deductions/ Veterans Disallowed By Tax Collector

8. Sr. Citizens Deductions Disallowed By Tax Collector 2011 Taxes

9. Received in Cash from State

10.

11.

12. Balance December 31, 2012

Due From State of New Jersey

Due To State of New Jersey

Calculation of Amount to be included on Sheet 22, Item 10-2012 Senior Citizens and Veterans Deductions Allowed

Line 2 11,250.00

Line 3 95,250.00

Line 4 & 5 1,750.00

Sub-Total 108,250.00

Less: Line 7 .1,000.00

To Item 10, Sheet 22 107,250.00

Sheet 23

Debit Credit

XXXXXXXX XXXXXXXX

68.93 XXXXXXXX

XXXXXXXX

11,250.00 XXXXXXXX

95,250.00 XXXXXXXX

250.00 XXXXXXXX

1,500.00

2,250.00

XXXXXXXX 1,000.00

XXXXXXXX 2,171.93

XXXXXXXX 104,078.07

XXXXXXXX XXXXXXXX

XXXXXXXX

1,181.07 XXXXXXXX

109,500.00 109,500.00

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

II Debit

II Credit

Balance January 1, 2012 XXXXXXXX 247,072.78

Taxes Pending Appeals 247,072.78 XXXXXXXX XXXXXXXX

Interest Earned on Taxes Pending Appeals XXXXXXXX XXXXXXXX Contested Amount of2011 Taxes Collected which are Pending State Appeal (Item 14, Sheet 22) XXXXXXXX

Interest Earned on Taxes Pending State Appeals XXXXXXXX

Increased by 2012 Appropriation Transferred 200,000.00 Cash Paid to Appelants (Including 5% Interest from Date of Payment) 141,665.13 XXXXXXXX Closed to Results of Operations (Portion of Appeal won by Municipality, including Interest) XXXXXXXX

Balance December 31, 2012 XXXXXXXX

Taxes Pending Appeals' 305,407.65 305,407.65 XXXXXXXX

Interest Earned on Taxes Pending Appeals XXXXXXXX XXXXXXXX

• Includes State Tax Court and County Board of Taxation '-----_447,072. 78 447,072.78 Appeals Not Adjusted by December 31,2012

Signature of Tax Collector

License # Date

Sheet 24

ACCELERATED TAX SALE - CHAPTER 99

Calculation To Utilize Proceeds In Current Budget As Deduction To Reserve For Uncollected Taxes Appropriation

Note: This sheet should be completed only if you are conducting an accelerated tax sale for the first time in the current year.

A. Reserve for Uncollected Taxes (sheet 25, Item 12)

B. Reserve for Uncollected Taxes Exclusion Outstanding Balance of Delinquent Taxes (sheet 26, Item 14A) x % of Collection (Item 16)

C. TIMES: % of increase of Amount to be Raised by Taxes over Prior Year % [(2013 Estimated Total Levy - 2012 Total Levy)/2012 Total Levy]

D. Reserve for Uncollected Taxes Exclusion Amount [(B x C) + B]

E. Net Reserve for Uncollected Taxes Appropriation in Current Budget (A - D)

2012 Reserve for Uncollected Taxes Appropriation Calculation (Actual)

1. Subtotal General Appropriations (item8(L) budget sheet 29)

2. Taxes not Included in the budget (AFS 25, items 2 thru 7)

Total

3. Less: Anticipated Revenues (item 5, budget sheet 11)

4. Cash Required

5. Total Required at % (items 4+6)

6. Reserve for Uncollected Taxes (item E above)

Sheet 25a

$_----

N/A

$_----

$_----

$

$

$

$

$

$

$

SCHEDULE OF DELINQUENT TAXES AND TAX TITLE LIENS

II Debit

1. Balance January 1,2012 762,684.19

A. Taxes 83102-00 675,369.90 XXXXXXXX

B. Tax Title Liens 83103-00 87,314.29 XXXXXXXX

2. Canceled: XXXXXXXX

A. Taxes 83105-00 XXXXXXXX

B. Tax Title Liens 83106-00 XXXXXXXX

3. Transferred to Foreclosed Tax Title Liens: XXXXXXXX

A. Taxes 83108-00 XXXXXXXX


4. Added Taxes (Seniors Disallowed) 83110-00 2,171.93

5. Added Tax Title Liens 83111-00 6. Adjustment between Taxes (Other than current year)

and Tax Title Liens: XXXXXXXX

A. Taxes - Transfers to Tax Title Liens 83104-00 XXXXXXXX

B. Tax Title Liens - Transfers from Taxes 83107-00 (I)

7. Balance Before Cash Payments XXXXXXXX

8. Totals 764,856.12

9. Balance Brought Down 763,088.53

10. Collected: XXXXXXXX

A. Taxes 83116-00 675,774.24 XXXXXXXX


11. Interest and Costs - 2012 Tax Sale 83118-00

12. 2012 Taxes Transferred to Liens 83119-00 4,600.66

13. 2012 Taxes 83123-00 710,732.32

14. Balance December 31, 2012 XXXXXXXX

A. Taxes 83121-00 710,732.32 XXXXXXXX

B. Tax Title Liens 83122-00 91,914.95 XXXXXXXX

15. Totals 1,478,421.51

16. Percentage of Cash Collections to Adjusted Amount Outstanding

(Item No. 10 divided by Item No.9) is I ~I 17. Item No. 14 multiplied by percentage shown above is

maximum amount that may be anticipated in SFY 2012.

(See Note A on Sheet 22 - Current Taxes)

(I) These amounts will always be the same.

710,806.58 I and represents the 83125-00

Sheet 26

Credit

XXXXXXXX

XXXXXXXX

XXXXXXXX

XXXXXXXX

1,767.59

XXXXXXXX

XXXXXXXX

XXXXXXXX

XXXXXXXX

(I)

XXXXXXXX

763,088.53

764,856.12

XXXXXXXX

675,774.24

XXXXXXXX

XXXXXXXX

XXXXXXXX

XXXXXXXX

XXXXXXXX

802,647.27

XXXXXXXX

XXXXXXXX

1,478,421.51

SCHEDULE OF FORECLOSED PROPERTY (PROPERTY ACQUIRED BY TAX TITLE LIEN LIQUIDATION)

Debit Credit

1. Balance January 1, 2012 84101-00 122,400.00 XXXXXXXX

2. Foreclosed or Deeded in 2012 XXXXXXXX XXXXXXXX

3. Tax Title Liens 84103-00 XXXXXXXX

4. Taxes Receivable 84104-00 XXXXXXXX

5A. 84102-00 XXXXXXXX

5B. 84105-00 XXXXXXXX

6. Adjustment to Assessed Valuation 84106-00 XXXXXXXX

7. Adjustment to Assessed Valuation 84107-00 XXXXXXXX

8. Sales XXXXXXXX XXXXXXXX

9. Cash * 84109-00 XXXXXXXX

10. Contract 84110-00 XXXXXXXX

11. Mortgage 84111-00 XXXXXXXX

12. Loss on Sales 84112-00 XXXXXXXX

13. Gain on Sales 84113-00 XXXXXXXX

14. Balance December 31,20;2 84114-00 XXXXXXXX 122,400.00

122,400.00 122,400.00

CONTRACT SALES

Debit Credit

15. Balance January 1,2012 84115-00 XXXXXXXX

16. 2012 Sales from ForeclosEd Property 84116-00 XXXXXXXX

17. Collected * N/A XXXXXXXX

18. XXXXXXXX

19. Balance December 31, 2012 84119-00 XXXXXXXX

MORTGAGE SALES

II Debit II Credit

20. Balance January 1, 2012 84120-00 XXXXXXXX

21. 2012 Sales from Forecloserl Property 84121-00 XXXXXXXX

22. Collected * 84122-00 XXXXXXXX

23. N/A XXXXXXXX

24. Balance December 31, 2012 XXXXXXXX

0 Total Cash Collected in 20 II (84125-00)

Realized in 2012 Budget o

To Results of Operation (Sheet 19) _________ _

Sheet 27

DEFERRED CHARGES - MANDATORY CHARGES ONLY -

CURRENT, TRUST, AND GENERAL CAPITAL FUNDS (Do not inclnde 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.)

Caused By

I. Emergency Authorization -Municipal*

2. Emergency Authorization -Schools

3. Over-expenditure of Appropriations

4.

5.

6.

7.

8.

9.

10. ______________ __

$

$

$

$

$

$

$

$

$

$

Amount Dec. 31, 2011 Amount in

per Audit 2012 Report Budget

$

$

1,282.77 $ 1,282.77

$

$

$

$

$

$

$

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

Amount Resulting from 2012

$

$

$

$

$

$

$

$

$

$

Balance as at

Dec. 31. 2012

$

$

$

$

$

$

$

$

$

$

EMERGENCY AUTHORIZATIONS UNDER N.J.S. 40A:4-47 WHICH HAVE BEEN FUNDED OR REFUNDED UNDER N.J.S. 40A:2-3 OR N.J.S. 40A:2-51

Date Purpose Amount

I. $

2. $

3. N/A $

4. $

5. $

JUDGEMENTS ENTERED AGAINST MUNICIPALITY AND NOT SATISFIED

In Favor of On Account of Date Entered Amount

I. $ ___ _

2. N/A $ ___ _

3. $ ________ _

4. $ _____ _

Sheet 28

Appropriated for in Budget of

Year SFY 2012

~

[ w ~

N.J.S. 40A:4-53 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.

Date Purpose Amount Not Less Than Authorized 115 of Amount Balance

Authorized' Dec. 31,2011 By 2012 Canceled Budget by Resolution

N/A

II Totals 80025-00 80026-00

It is hereby certified that all outstanding "Special Emergency" appropriations have been adopted by the governing body in full compliance with N.J.S. 40A:4-53 et seq. and are recorded on this page


'Not less than one-fifth (1/5) of amount authorized but not more than the amount shown in the column "Balance Dec. 31, 2012" must be entered here and then raised in the 2013 budget.

Sheet 29

go ~ w o

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

Date Purpose Amount Not Less Than Authorized 1/3 of Amount Balance

Authorized* Dec. 31, 2011 By 2012 Canceled Budget by Resolution

N/A

II Totals 80027-00 80028-00

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

Balance Dec. 31,2012

* Not less than one-third (1/3) of amount authorized but not more than the amount shown in the column "Balance dec. 31, 2012" must be entered here and then raised in the 2013 budget.

Sheet 30

SCHEDULE OF BONDS ISSUED AND OUTSTANDING AND 2013 DEBT SERVICE FOR BONDS

(MUNICIPAL) GENERAL CAPITAL BONDS

II Debit

II Credit

Outstanding January 1,2012 80033-01 XXXXXXXX XX

Issued 80033-02 XXXXXXXX XX


Outstanding December 31, 2012 80033-04 XXXXXXXX

2013 Bond Maturities - General Capital Bonds 80033-05

2013 Interest on Bonds * 80033-06 $11 ASSESSMENT SERIAL BONDS




Outstanding December 31,2012 80033-10 XXXXXXXX

2013 Bond Maturities - Assessment Bonds 80033-11

2013 Interest on Bonds * 80033-12 $

Total "Interest on Bonds - Debt Service" (*Items) 80033-13

LIST OF BONDS ISSUED DURING 2012

Purpose

I

N/A

Total

2013 Maturity

80033-14

Sheet 31

Amount Issued

80033-15

I 2013 Debt

Service

xx

N/A

XX

$ 1

XX

N/A

XX

$

$

Date of Interest Issue Rate

SCHEDULE OF LOANS ISSUED AND OUTSTANDING AND 2013 DEBT SERVICE FOR LOANS

(MUNICIPAL) LOAN

II Debit Credit 2012 Debt

Service

Outstanding January 1, 2012 80033-01 XXXXXXXX XX


Paid 80033-03 XXXXXXXX XX

N/A

Outstanding December 31, 2012 80033-04 XXXXXXXX XX

2013 Loan Maturities 80033-05 $

2013 Interest on Loans 80033-06 $

Tota12013 Debt Service for Loan 80033-13 $

LOAN

Outstanding January 1, 2012 80033-07 XXXXXXXX XX



N/A

Outstanding December 31, 2012 80033-10 XXXXXXXX XX

2013 Loan Maturities 80033-11 $

2013 Interest on Loans 80033-12 $

Total 2012 Debt Service for Loan 80033-13 $

LIST OF LOANS ISSUED DURING 2012

Purpose

I 2013 Maturity Amount Issued Date of Interest

Issue Rate

N/A

Total 80033-14 80033-15

Sheet31a


TYPE I SCHOOL TERM BONDS

II Debit

II Credit 2012 Debt

Service



Outstanding December 31,2012 80034-03 XXXXXXXX XX

2013 Bond Maturities - Term Bonds 80034-04 il I I 2013 Interest on Bonds * 80034-05

TYPE I SCHOOL SERIAL BOND Outstanding January I, 2012 80034-06 XXXXXXXX XX Issued 80034-07 XXXXXXXX XX


N/A

Outstanding December 31,2012 80034-09 XXXXXXXX XX

2013 Interest on Bonds * 80034-10 $

2013 Bond Maturities - Serial Bonds 80034-11 $

Total "Interest on Bonds - Type I School Debt Service" (*ltems) 80034-12 $

LIST OF BONDS ISSUED DURING 2012 Purpose 2013 Maturity Amount Issued Date of Interest

-01 -02 Issue Rate

N/A

Total 80035-

SFY 2012 INTEREST REQUIREMENT - CURRENT FUND DEBT ONLY Outstanding 2013 Interest

Dec. 31. 2012 Requirement

I. Emergency Notes 80036- $ $

2. Special Emergency Notes 80037- $ $

3. Tax Anticipation Notes 80038- $ $

4. Interest on Unpaid State and County Taxes 80039- $ $

5. $ $ ---------------------6. __________ _ $ $

Sheet 32

~ ~

K w w

DEBT SERVICE FOR NOTES (OTHER THAN ASSESSMENT NOTES)

Original Original Amount Date Title or Purpose of Issue Amount Date of of Note of

Issued lssue* Outstanding Maturity Dec. 3 1,2012

I. Purchase of Fire Truck 700,000.00 09126103 140,000.00 06/14/13

2. Library Renovation 4,038,000.00 01119/10 3,172,300.00 01118/13

3. Acquisition of Front End Loader 133,000.00 01/19/12 133,000.00 01118/13

4. Emergency Communication System 1,520,000.00 01/19/12 1,520,000.00 01118/13

5. Various Public Improvements 399,000.00 01/19/12 399,000.00 01/18/13

6. Emergency Communication System 342,000.00 6115/2012 342,000.00 06/14113

7.

8.

9.

10. .

II.

12.

13.

14.

Total 7,132,000.00 5,706,300.00 Memo: Designate all "Capitai 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 I School Notes should be separately listed and totaled.

Rate of

Interest

0.90%

1.50%

1.50%

1.50%

1.50%

0.90%

* " 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 0[2010 or prior require onc legally payable installment to be budgeted if it is contemplated that such notes will be renewed in 2013 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.

Sheet 33

2013 Budget Requirement Interest Computed to

For Principal For Interest (Inseli Date)

**

36,843.00 1,260.00

139,242.00 47,584.50

1,995.00

22,800.00

5,985.00

3,078.00

176,085.00 82,702.50

80051-01 80051-02


~

[ w ~

DEBT SERVICE SCHEDULE FOR ASSESSMENT NOTES

Original Original Amount Date Rate 2013 Budget Requirement Interest Title or Purpose oflssue Amount Date of of Note of of Computed to

Issued Issue* Outstanding Maturity Interest For Principal For Interest (Insert Date) Dec. 31, 2012 **

I.

2.

3.

4.

5.

6.

7. N/A

8.

9.

10.

II.

12.

13.

14.

Total

MEMO: *See Sheet 33 for clarification of "Originai Date of Issue" 80051-01 80051-02 Assessment Notes with an original date of issue 0[2010 or prior must be appropriated in full in the 2013 Dedicated Assessment Budget or written intent of permanent financing

submitted with statement.

**Interest on Assessment Notes must be included in the Current Fund Budget appropriation "Interest on Notes",

Sheet 34


SCHEDULE OF CAPITAL LEASE PROGRAM OBLIGATIONS

Amount 2013 Budget Requirement Purpose of Obligation

Outstanding For Principal For Interest/Fees Oec.31,2012

1.

2.

3.

4.

5.

[ w It 6. N/A

7.

8.

9.

10.

11.

12.

13.

Total

80051-01 80051-02


SCHEDULE OF IMPROVEMENT AUTHORIZATIONS (GENERAL CAPITAL FUND)

----

IMPROVEMENTS Balance - January 1,2012 . Balance - December 31,2012 SpecifY each authorization by purpose. Do 2012 Expended Authorizations

not merely designate by a code number. Funded Unfunded Authorizations Canceled Funded Unfunded

Erosion Control 5,622.03 5,622.03 - -

Balanced Housing Program 2,972.00 2,972.00 - -

Ramsey Brook Erosion Control 97,106.57 97, I 06.57 - -

Various Drainage Work 12,268.73 6,791.65 5,477.08 -

Commuter Parking Project 50,665.06 610.44 50,054.62 -

Purchase of Fire Truck 728.27 Funded in 2012 budget

728.27 -

Funded in 2012 budget • Improvements to Finch Park 2,688.06 0.06 2,688.00 -

~

[ ~ Regency Park Stream Clearance Project 10,701.82 5,242.00 5,459.82 -

Island Ave. & Island Park Ave. Improv. 6,586.20 6,586.20 - -

Reconstruction & Refurb. OfMun. Facilities 1,434.02 1,434.02 - -

DPW Roof Repair 5,745.50 5,745.50 - -

Ramsey Train Station and Equipment 7,212.00 7,212.00 - -

Woodland Ave. Drainage Impr. Phase I & II 2,004.91 Funded in 2012 budget

2,004.91 -

North St., Aspen PI. & Beech St. Improv. 6,285.66 Funded in 2012 budget

6,285.66 -

Four Speed Light Display Signs 1,896.00 1,896.00 - -

Ramsey Library Parking Lot 314.29 Funded in 2012 budget

314.29 -

Main Street Improvements 94.91 94.91 - -Place an * before each item of "Improvement" which represents a funding or refunding of an emergency authorization

!9 a w ~


IMPROVEMENTS Balance - January 1,2012 Balance - December 31, 2012 Specify each authorization by purpose. Do 2012 Expended Authorizations


Finch Park Playground 2,291.09 1,780.00 511.09

Debaun Avenue 9,133.96 117,750.00 Funded in 2012 budget

126,883.96

Various Equipment 10,834.93 10,834.93

Main Street Phase 11 0.50 0.50

Elbert & Morse Improv. 698.90 698.90 -

Telephone System 3,230.23 3,230.23 -

Senior Citizen Building 5,198.11 5,198.11 -

MacFarren Picnic Area 1,637.00 1,637.00 -

Various Equipment - DPW 10,025.00 10,025.00 -

Various Equipment 2006 49,477.98 11,710.37 37,767.61

Fire Dept. Equipment 1,747.03 1,747.03

Brookfield Lane Improv. 34,917.96 34,917.96 -

Senior Center Improvements 1,550.00 1,550.00 -

Wyckoff A venue Curb Repair 4,779.76 4,779.76 -

Equipment Various Borough Departments 33,245.32 3,708.15 29,537.17

Borough Hall Repairs 5,859.10 5,859.10 ------

Place an * before each item of "Improvement" which represents a funding or refunding of an emergency authorization

Sheet 35a

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

! w ~


IMPROVEMENTS Balance - January 1,2012 Balance - December 31, 2012 Specify each authorization by purpose. Do 2012 Expended Authorizations


Construction of Storm Drainage Lines 4,950.49 4950.49 -

Reconstr. Of Basketball Court & Roller - Finch 5,615.00 5,615.00 -

Replacement of Crystal Lake Spillway 180,769.71 132,000.00 25,800.00 154,969.71 132,000.00

Installation of Boiler System - Borough Hall 578.67 578.67 -

Acquire & Install Fire Supression System 644.39 644.39 -

Various Equipment 33,903.92 2,498.00 31,405.92 -

DPW Chipper Truck, Backstop 18,218.03 - 18,218.03

Renovation of Municipal Library 918,738.03 726.95 - 918,011.08

Woodland Avenue Improvements 9,360.75 - 9,360.75

Acquisition of Property 4,970.00 - 4,970.00

Verious Road Repaving 61,436.15 - 61,436.15

Police, Fire & Rescue Equipment 10,763.11 10,763.11 -

Replacement of curb/sidewalk - N. Central 150.00 150.00 -

Acquisition of Front End Loader 9,539.76 726.95 - 8,812.81

Various Road Repaving 3,225.10 3,225.10 -

Finch Park Fence 28,700.00 14,780.00 13,920.00 -

Emerg. Communications System Upgrade 318,252.93 213,936.70 - 104,316.23

Place an * before each item of "Improvement" which represents a funding or refunding of an emerge~~~1~5~ation

SCHEDULE OF IMPROVEMENT AUTHORIZATIONS (GENERAL CAPITAL FUND) (cont.)

--------------

IMPROVEMENTS Balance - January I, 20 I 2 Balance - December 3 I, 20 I 2 Specify each authorization by purpose. Do 2012 Expended Authorizations


Various Public Improvements 343,751.56 Funded in 2012 budget

313,236.04 30,515.52 -

Emerg. Communications System Upgrade 360,000.00 290,292.80 - 69,707.20

LeafVacuumlDPW Truck/Computers 445,000.00 199,557.21 - 245,442.79

Repaving of Various Roads 220,000.00 218,697.30 1,302.70 -

Regency Park Sediment Removal 45,000.00 45,000.00 -

Acquisition ofVehicIes: Various Departments 255,000.00 196,663.44 58,336.56 -

Finch Park Bathroom 50,000.00 2,225.00 47,775.00 -~

[ if - -

- -

- -

- -

- -

- -

- -

- -

Total 70000- 646,232.10 1,946,038.40 1,375,000.00 - 1,508,983.00 196,565.35 689,447.1 I 1,572,275.Q4

Place an * before each item of "Improvement" which represents a funding or refunding of an emergency authorization

Sheet 35c

GENERAL CAPITAL FUND

SCHEDULE OF CAPITAL IMPROVEMENT FUND

•••• --- • m ••••••••••• m----:eb~t-----II Credit

Balance January 1, 2012 80031-01 XXXXXXXX 291,423.53

Received from 2012 Budget Appropriation * 80031-02 XXXXXXXX 350,000.00

XXXXXXXX Improvement Authorizations Canceled .

(financed in whole by the Capital Improvement Fund) i 80031-03 XXXXXXXX 196,565.29

Cancellation of Reserve Balance

List by Improvements - Direct Charges Made for Preliminary Costs: XXXXXXXX XXXXXXXX

XXXXXXXX

XXXXXXXX

XXXXXXXX

XXXXXXXX

XXXXXXXX

XXXXXXXX

XXXXXXXX

XXXXXXXX

XXXXXXXX

XXXXXXXX

XXXXXXXX

XXXXXXXX

XXXXXXXX

Appropriated to Finance Improvement Authorizations 80031-04 609,200.00 XXXXXXXX

XXXXXXXX

Balance December 31, 2012 80031-05 228,788.82 XXXXXXXX

837,988.82 837,988.82

* The full amount of the 2012 budget appropriation should be transferred to this account unless the balance of the appropriation is to be permitted to lapse.

Sheet 36

GENERAL CAPITAL FUND

SCHEDULE OF DOWN PAYMENTS ON IMPROVEMENTS

Debit Credit

Balance January I, 2012 80030·01 XXXXXXXX 755.00

Received from 2012 Budget Appropriation * 80030·02 XXXXXXXX

Received from 2012 Emergency Appropriation * 80030-03 XXXXXXXX

Appropriated to Finance Improvement Authorizations 80030-04 XXXXXXXX

XXXXXXXX

Balance December 31, 2012 80030·05 755.00 XXXXXXXX

755.00 755.00

*The full amount of the 2012 appropriation should be transferred to this account unless the-balance of the appropriation is pennitted to lapse.

CAPITAL IMPROVEMENTS AUTHORIZED IN 2012 AND DOWN PAYMENTS (N.J.S. 40A:2-11)

GENERAL CAPITAL FUND ONLY

I

Purpose Amount Total Down Payment Appropriated Obligations Provided by

Authorized Ordinance

Emerg. Comm. System UOQrade 360,000.00 342,000.00 18,000.00

LeafVacuumlDPW Truck/Comoute 445,000.00 423,800.00 21,200.00

ReoavinQ of Various Roads 220,000.00 220,000.00

Regency Park Sediment Removal 45,000.00 45,000.00

Acquisition of Vehicles: Various 255,000.00 255,000.00

Finch Park Bathroom 50,000.00 50,000.00

Total 80032·00 1,375,000.00 765,800.00 609,200.00

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

Grant C.I.F.

Amount of Down Payment in Budget

of2012 or Prior Years

18,000.00

21,200.00

220,000.00

45,000.00

255,000.00

50,000.00

609,200.00

$ 609,200.00

$ 609,200.00

GENERAL CAPITAL FUND STATEMENT OF CAPITAL SURPLUS

YEAR-2012

II Debit

Balance January I, 2012 80029-01 XXXXXXXX

Premium on Sale of Bonds XXXXXXXX

Fund Improvement Authorizations Canceled XXXXXXXX

Cancellation of Prior Year Balance

Appropriated to Finance Improvement Authorizations 80029-02

Appropriated to 2012 Budget Revenue 80029-03


-

II

BONDS ISSUED WITH A COVENANT OR COVENANTS

I. Amount of Serial Bonds Issued Under Provisions of Chapter 233, P.L. 1944, Chapter 268, P.L. 1944, Chapter 428, P.L. 1943 or Chapter 77, Article VI-A, P.L. 1945, with Covenant or Covenants; Outstanding December 31, 20 II

2. Amount of Cash in Special Trust Fund as of December 31,2011 (Note A)

3. Amount of Bonds Issued Under Item I Maturing in 20 II $

4. Amount of Interest on Bonds with a Covenant - 2012 Requirement $

5. Total of3 and 4 - Gross Appropriation $

6. Less Amount of Special Trust Fund to be Used $

7. Net Appropriation Required $

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

$

$

Credit

N/A

XXXXXXXX

XXXXXXXX

XXXXXXXX

-

N/A

Footnote: Any fonnula 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 ofItem 7 extended into the 2012 appropriation column.

Sheet 38

•

A.

B.

MUNICIPALITIES ONLY

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)

1. Total Tax Levy for the Year 2012 was $ 73,923,693.39

2. Amount ofItem I Collected in 2012 (*) $ 72,946,342.29

3. Seventy (70) percent ofItem I $ 51,746,585.37

(*) Including prepayments and overpayments applied.

1. Did any maturities of bonded obligations or notes fall due during the year 2012? Answer YES or NO YES

2. Have payments been made for all bonded obligations or notes due on or before December 31, 2012

Answer YES or NO: YES If answer is "NO" give details

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

C. Does the appropriation required to be included in the 2012 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 2011 $

2. 4% of2012 Tax Levy for all purposes: Levy -- $ = $

3. Cash Deficit 2012 $

4. 4% of2012 Tax Levy for all purposes: Levy -- $ = $

E. Unpaid 2011 2012 Total

1. State Taxes $ $ $ NONE

2. County Taxes $ $ 16,954.22 $ 16,954.22

3. Amounts due Special Districts

$ $ $ NONE

4. Amounts due School Districts for Local School Tax

$ $ $ NONE

Sheet 39

SHEETS 40 to 84, INCLUSIVE, PERTAIN TO (Sheets 41 through 54 are blank due to there being no Water Utility)

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 2012, please observe instructions of Sheet 2.

Sheet 40

Bonds and Notes Authorized but Not Issued must be disclosed in this Utility Capital Section in the same manner as set forth in General Capital Fund on Sheet 8

POST CLOSING TRIAL BALANCE - WATER UTILITY FUND

AS AT DECEMBER 31, 2012

Operating and Capital Sections (Separately Stated)

Cash Liabilities Must Be Subtotaled and Subtotal Must Be Marked With "C"

Title of Account Debit ----IE

N/A


Sheet 41

POST CLOSING TRIAL BALANCE UTILITY ASSESSMENT TRUST FUNDS

IF MORE THAN ONE UTILITY EACH ASSESSMENT SECTION MUST BE SEP ARA TEL Y STATED

AS AT DECEMBER 31,2012

Title of Account Debit IE

N/A


Sheet 42

ANALYSIS OF WATER UTILITY ASSESSMENT TRUST CASH AND INVESTMENTS PLEDGED TO LIABILITIES AND SURPLUS

Audit

Title of Liability to which Cash Balance RECEIPTS Disbursements Balance

and Investments are Pledged Dec. 31, 2011 Assessments Operating Dec. 31,2012 and Liens Budget

Assessment Serial Bond Issues: XXXXXX XX XXXXXX XX XXXXXX xx XXXXXX xx XXXXXX xx XXXXXX xx XXXXXX xx XXXXXX

Assessment Bond Anticipation Note Issues: XXXXXX XX XXXXXX XX XXXXXX XX XXX XXX XX XXXXXX XX XXXXXX XX XXX XXX XX XXXXXX

Other Liabilities

Trust Surplus

Less Assets IIUnfinancedn* XXXXXX XX XXXXXX XX XXXXXX XX XXXXXX XX XXXXXX XX XXXXXX XX XXXXXX XX XXXXXX

*Show as red figure Sheet 43

XX

XX

XX

SCHEDULE OF WATER UTILITY BUDGET -2012 BUDGET REVENUES

Source

II Budget

I Received Excess or in Cash Deficit*

Operating Surplus Anticipated 91301-Operating Surplus Anticipated with Consent of Director of Local Gov!. Services 91302-

Rents 91303-

Fire Hydrant Service 91304-

Miscellaneous 91305-

Added by NJ.S. 40A:4-87: (List) XXXXXX xx XXXXXX xx XXXXXX XX

Subtotal

Deficit (General Budget) ** 91306-

91307-

*. Amount in "Received in Cash" column for "Deficit (General Budget)" and amount expended for "Surplus (General Budget)" must agree with amounts shown for such items on Sheet 45.

STATEMENT OF BUDGET APPROPRIATIONS

Appropriations XXXXXX XX

Adopted Budget

Added bv NJ.S. 40A:4-87

Emergency

Total Appropriations

Add: Overexpenditures (See Footnote)

Total ApDropriations and Overexpenditures

Deduct Exoenditures:

Paid or Charged

Reserved

Surplus (General Budget) ••

Total Expenditures

Unexpended Balance Canceled (See Footnote)

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 "Overex

penditures" must equal the sum of "Total Expenditures" and "Unexpended Balances Canceled"

Sheet 44

STATEMENT OF 2012 OPERATION WATER UTILITY

NOTE: Section I of this sheet is required to be filled out ONLY IF the 2012 Water Utility Budget contained

either an item of revenue "Deficit (General Budget)" or an item of appropriation "Surplus (General

Budget)" Section 2 should be filled out in every case.

SECTION I:

Revenue Realized: XXXXXX XX

Budget Revenue (Not Including "Deficit (General Budget),,)

Miscellaneous Revenue Not Anticipated

20 II Appropriation Reserves Canceled *

Total Revenue Realized

Expenditures: XXX XXX XX

Appropriations (Not Including "Surplus (General Budget)") XXXXXX XX

Paid or Charged

Reserved

Expended Without Appropriation

Cash Refund of Prior Year's Revenue

Overexpenditure of Appropriation Reserves

Total Expenditures Less: Deferred Charges Included In

Above "Total Expenditures"

Total Expenditures - As Adjusted

Excess

Budget Appropriation - Surplus (General Budget) *' Balance of "Results of2012 Operation"

Remainder ("Excess in Operations" - Sheet 46)

Deficit

Anticipated Revenue - Deficit (General Budget) ** Balance of "Results of2012 Operation"

Remainder ("Operating Deficit - to Trial Balance" - Sheet 46)

SECTION 2:

The following Item of" 2011 Appropriation Reserves Canceled in 2012" Is Due to the Current Fund TO THE EXTENT OF the amount Received and Due from the General Budget of2011 for an Anticipated Deficit in the Water Utility for 2012:

2011 Appropriation Reserves Canceled in 2012 Less: Anticipated Deficit in 2011 Budget - Amount Received

and Due from Current Fund - If none, enter "None"

*Excess (Revenue Realized) I '*Items must be shown in same amounts on Sheet 44.

Sheet 45

RESULTS OF 2012 OPERATIONS - WATER UTILITY

Debit Credit

Excess in Anticipated Revenues XXXXXX XX

Unexpended Balances of Appropriations XXXXXX XX

Miscellaneous Revenue Not Anticipated XXXXXX XX

Unexpended Balances of2011 Appropriation Reserves' XXXXXX XX

Deficit in Anticipated Revenue XXXXXX

XXXXXX

Operating Deficit - to Trial Balance XXXXXX XX

Excess in Operations - to Operating Surplus XXXXXX

*See restriction in amount on Sheet 45, SECTION 2

OPERATING SURPLUS - WATER UTILITY

Debit Credit

Balance December 31,2011 XXXXXX XX

Excess in Results of2012 Operations XXXXXX XX

Amount Appropriated in 2012 Budget - Cash XXXXXX Amount Appropriated in 2012 Budget with Prior Written Consent of Director of Local Government Services XXXXXX

Balance December 31, 2012 XXXXXX

ANALYSIS OF BALANCE December 31,2012 (FROM WATER UTILITY - TRIAL BALANCE)

Cash

Investments

Interfund Accounts Receivable

Subtotal

Deduct Cash Liabilities Marked with "C' on Trial Balance

Operating Surplus Cash or (Deficit in Operating Surplus Cash)

Other Assets Pledged to Operating Surplus'

Deferred Charges #

Operating Deficit #

Total Other Assets

In the case of a llDeficit in Operating Surplus Cash , "other Assets" would be also pledged to cash liabilities,

Sheet 46

XX

XX

XX

XX

XX

XX

SCHEDULE OF WATER UTILITY ACCOUNTS RECEIVABLE

Balance December 31, 2011 $

Increased by:

Water Rents Levied $

Decreased by:

Collections $

Overpayments applied $

Transfer to Water Liens $

Other $

$


SCHEDULE OF WATER UTILITY LIENS


Increased by:

Transfers from Accounts Receivable $

Penalties and Costs $

Other $

$

Decreased by:

Collections $

Other $

$


Sheet 47

DEFERRED CHARGES -MANDATORY CHARGES ONLY-

WATER UTILITY FUND (Do not include the emergency authorizations pursuant to N.J.S. 40A:4-55, listed ou Sheet 29)

Amount Caused by Dec. 31, 2011 Amount in Amount Balance

per Audit 2012 Resulting as at Report Budget from 2012 Dec. 31, 2012

I. Emergency Authorization - , $ $ $ $

2. $ $ $ $

3. $ $ $ $

4. $ $ $ $

5. $ $ $ $

6. $ $ $ $

7. $ $ $ $

8. $ $ $ $

9. $ $ $ $

10. $ $ $ $

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


Date Purpose Amount

I. $

2. $

3. $

4. $

5. $


In favor of On Account of Date Entered Amount

I. $ ______ __

2. $ ______ __

3. $ ______ __

4. $ ______ __

Sheet 48

Appropriated for in Budget of Year 2013


WATER UTILITY ASSESSMENT BONDS

II Debit

II Credit

I 2013 Debt

Service

Outstanding January 1,2011 XXX XXX XX

Issued XXXXXX XX

Paid XXXXXX XX

Outstanding December 3 I, 2012 XXXXXX XX

2013 Bond Maturities - Assessment Bonds $

2013 Interest on Bonds' $

WATER UTILITY CAPITAL BONDS

Outstanding January 1,2011 XXXXXX XX

Issued XXXXXX XX

Paid XXXXXX XX

Outstanding December 31, 2012 XXXXXX XX

2013 Bond Maturities - Capital Bonds $

2013 Interest on Bonds * $

INTEREST ON BONDS - WATER UTILITY BUDGET

2012 Interest on Bonds ('Items) $

Less: Interest Accrued to 12/31112 (Trial Balance) $

Subtotal $

Add: Interest to be Accrued as of 12/31113 $

Required Appropriation 2013 $


Purpose J2013 Maturity Amount Issued Date of Interest

-----Issue Rate

Sheet 49


WATER UTILITY LOAN

II Debit

II Credit

I 2012 Debt

Service


Issued XXXXXX XX

Paid XXXXXX XX


2013 Loan Maturities $

2013 Interest on Loans * $

WATER UTILITY LOAN

Outstanding January 1, 2012 XXXXXX XX

Issued XXXXXX XX

Paid XXXXXX XX


2013 Loan Maturities $

2013 Interest on Loans • $

INTEREST ON LOANS - WATER UTILITY BUDGET

2012 Interest on Loans (*Items) $

Less: Interest Accrued to 12/31/12 (Trial Balance) $

Subtotal $

Add: Interest to be Accrued as of 12/31/13 $



Purpose 112013 Maturity I Amount Issued Date of Interest Issue Rate

Sheet 49a

[ ~ o

DEBT SERVICE SCHEDULE FOR UTILITY NOTES (OTHER THAN UTILITY ASSESSMENT NOTES)

Original Original Amount Date Title or Purpose of Issue Amount Date of of Note of

Issued Issue* Outstanding Maturity Dec. 31, 2012

I.

2.

3.

4.

5.

6.

7.

8.

9.

10. ----

Important: Ifthere is more than one utility in the municipality, identify each note.

Memo: Designate all "Capital Notes" issued under NJ.S. 40A:2-8(b) with "C". Such notes must be retired at the rate

of20% of the original amount issued annually.

* See Sheet 33 for clarification of "Original Date of Issue".

All notes with an original date of issue of 20 I 0 or prior require one legal payable installment to be budgeted if it

is contemplated that such notes will be renewed in 2013 or written intent of permanent financing submitted.

** If interest on note is financed by ordinance, designate same, otherwise an amount must be included in this

column.

Sheet 50

Rate 2013 Budget Requirement of

Interest For Principal For Interest

*-

INTEREST ON NOTES - WATER UTILITY BUDGET

2012 Interest on Notes $

Less: Interest Accrued to 12/31112 (Trial Balance) $

Subtotal $


Required Appropriation - 2013 $


~ ~

rr

DEBT SERVICE SCHEDULE FOR UTILITY ASSESSMENT NOTES ------ -------- ---- ---- -- -- ------------ -----

Original Original Amount Date Rate 2013 Budget Requirement Title or Purpose of Issue Amount Date of of Note of of

Issued Issue* Outstanding Maturity Interest For Principal For Interest Dec. 31, 2012 ••

1.

L

3.

4.

5.

6.

7.

8.

9.

10.

II.

12.

13.

14.

IS.

Important: If there is more than one utility in the municipality, identifY each note. Memo 'See Sheet 33 for clarification of "Original Date ofIssue".

Utility Assessment Notes with an original date of issue of 20 10 or prior must be appropriated in full in the 2013 Dedicated Utility Assessment Budget or written intent of permanent financing submitted .

•• Interest on Utility Assessment Notes must be included in the Utility Budget appropriation "Interest on Notes".

Sheet 51

Interest Computed to (Insert Date)

~

[ ~

•

1.

2.

3.

4.

5.

6.

7 .

8.

9.

10.

II.

12.

13.

14.


Amount 2013 Budget Requirement

Purpose of Obligation Outstanding For Principal For Interest/Fees 12/3112012

Total


Sheet 51a

SCHEDULE OF IMPROVEMENT AUTHORIZATIONS (UTILITY CAPITAL FUND)

IMPROVEMENTS Balance - January 1,2012 Balance - December 31, 20 I 2 SpecifY each authorization by purpose. Do 2012 Expended Authorizations


Total 70000~

Place an * before each item of "Improvement" which represents a funding or refunding of an emergency authorizatIOn.

Sheet 52

WATER UTILITY CAPITAL FUND SCHEDULE OF CAPITAL IMPROVEMENT FUND

II Debit

II Credit

Balance January 1,2012 XXXXXX XX

Received from 2012 Budget Appropriation * XXXXXX XX

XXXXXX XX Improvement Authorizations Canceled

(financed in whole by the Capital Improvement Fund) XXXXXX XX

List by Improvements - Direct Charges Made for Preliminary Costs: XXXXXX XX XXXXXX XX

XXX XXX XX

XXXXXX XX

XXXXXX XX

XXXXXX XX

XXXXXX XX

XXXXXX XX

XXX XXX XX

Appropriated to Finance Improvement Authorizations XXX XXX XX

XXXXXX XX

Balance December 31, 2012 XXXXXX XX

WATER UTILITY CAPITAL FUND SCHEDULE OF DOWN PAYMENTS ON IMPROVEMENTS

r Debit I Credit

Balance January 1, 2012 XXXXXX XX

Received from 2012 Budget Appropriation * XXX XXX XX

Received from 2012 Emergency Appropriation * XXXXXX XX

Appropriated to Finance Improvement Authorizations XXXXXX XX

XXXXXX XX

Balance December 31,2012 XXXXXX XX

*The full amount of the 2012 appropriation should be transferred to this account unless the balance of the appropriation is permitted to lapse.

Sheet 53

Purpose

Total

UTILITY FUND CAPITAL IMPROVEMENTS AUTHORIZED IN 2012

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

UTILITIES ONLY

Amount Total Down Payment Appropriated Obligations Provided by



of 20 12 or Prior Years

WATER UTILITY CAPITAL FUND STATEMENT OF CAPITAL SURPLUS

YEAR 2012

Debit--l Credit

-

Balance January 1,2012 XXXXXX XX

Premium on Sale of Bonds XXXXXX XX

Funded Improvement Authorizations Canceled XXXXXX XX

Appropriated to Finance Improvement Authorizations XXXXXX XX

Appropriated to 2012 Budget Revenue XXX XXX XX

Balance December 31, 2012 XXXXXX XX

Sheet 54


POST CLOSING TRIAL BALANCE - SWIM POOL UTILITY FUND


OPERATING AND CAPITAL SECTIONS (Separately Stated)

Cash Liabilities Must Be Subtotaled and Subtotal Must Be Marked With "C"

Title of Account I~~ Operating Fund:

Cash 74,424.66

Due from Swim Pool Capital Fund 1.31

Deferred Charges:

Deficit in Operations 4,576.35

Due to Current Fund 245.87

Reserve for Capital Outlay 6,000.00

Appropriation Reserves 35,024.17

41,270.04

Fund Balance 37,732.28

79,002.32 79,002.32

Capital Fund:

Cash 1,282.73

Fixed Capital 899,358.62

Fixed Capital - Uncompleted

Due to Swim Pool Operating Fund 1.31

Capital Improvement Fund 373.31

Improvement Authorization - Funded

Reserve for Swim Pool Improvements 67.52

Reserve for Deferred Amortization

Loan Payable 10,000.00

Reserve for Amortization 889,358.62

Fund Balance 840.59

900,641.35 900,641.35


Sheet 55

"e"


IF MORE THAN ONE UTILITY EACH ASSESSMENT SECTION MUST BE SEPARATELY STATED

AS AT DECEMBER 31,2012

Title of Account II Debit IE •

·

N/A

•

•

•

•


Sheet 56

ANALYSIS OF SWIM POOL UTILITY ASSESSMENT TRUST CASH AND INVESTMENTS PLEDGED TO LIABILITIES AND SURPLUS

-- ------- -------

Audit RECEIPTS Balance Title of Liability to which Cash Balance Disbursements Dec. 31,2012

and Investments are Pledged Dec. 31, 2011 Assessments Operating and Liens Budget

Assessment Serial Bond Issues: XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX XX

N/A

Assessment Bond Anticipation Note Issues: XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX XX

Other Liabilities

Trust Surplus

Less Assets 1tUnfinanced" * XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX XX ------------ --- -------------

* Show as red figure

Sheet 57

•

•

•

•

SCHEDULE OF ... _ UTILITY BUDGET - 2012 SWIMPOOT.

BUDGET REVENUES

Source

II

Budget

I

Received Excess or in Cash Deficit*

Operating Surplus Anticipated 01 15,000.00 15,000.00 -Operating Surplus Anticipated with Consent of Director of Local Gov!. Services 02

Memberships 200,000.00 194,300.00 (5,700.00)

Refreshment Stand 7,000.00 7,250.00 250.00

Office Miscellaneous 34,000.00 30,144.47 (3,855.53)

Added by N.J.S. 40A:4-87 (List) XXXXXX XXXXXX XXXXXX

Subtotal 256,000.00 246,694.47 (9,305.53)

Deficit (General Budget) ** 07

08 256,000.00 246,694.47 (9,305.53)

**Amount in "Received in Cash" column for "Deficit (General Budget)" and amount expended for "Surplus (General Budget)" must agree with

amounts shown for such items on Sheet 59.


Appropriations: XXXXXX

Adopted Budget 256,000.00

Added by N.J.S. 40A:4-87

Emergency

Total Appropriations 256,000.00

Add: Overexpenditures (See Footnote) -

Total Appropriations and Overexpenditures 256,000.00


Paid or Charged 218,229.96

Reserved 37,770.04

Surplus (General Budget) **

Total Expenditures 256,000.00

Unexpended Balance Canceled (See Footnote) -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 BALANCE CANCELED: Are not to be shown as "Paid or Charged" in the budget document. In all instances "Total Appropriations" and "Over expenditures"

must equal the sum of "Total Expenditures" and "Unexpended Balances Canceled"

Sheet 58

STATEMENT OF 2012 OPERATION SWIM POOL UTILITY

NOTE: Section I of this sheet is required to be filled out ONLY IF the 2012 SWIM POOL Utility

Budget contained either an item of revenue "Deficit (General Budget)" or an item of appropriation "Surplus (General Budget)" Section 2 should be filled out in every case.

SECTION 1: ------------

Revenue Realized: XXXXXX

Budget Revenue (Not Including "Deficit (General Budget)") 246,694.47

Miscellaneous Revenue Not Anticipated 20 II Appropriation Reserves Canceled *

(Excess Revenue Realized) 4,729.18

Total Revenue Realized 251,423.65

Expenditures: XXXXXX

Appropriations (Not Including "Surplus (General Budget)") XXXXXX

Paid or Charged 218,229.96

Reserved 37,770.04




Total Expenditures 256,000.00 Less: Deferred Charges Included In


Total Expenditures - As Adjusted 256,000.00

Excess

Budget Appropriation - Surplus (General Budget) ** 15,000.00 Remainder Balance of "Results of2012 Operation"

("Excess in Operations" - Sheet 60)

Deficit 4,576.35

Anticipated Revenue - Deficit (General Budget) ** -Remainder - Balance of "Results of2012 Operation"

("Operating Deficit - to Trial Balance" - Sheet 60) , 4,576.35

SECTION 2:

The following Item of "2011 Appropriation Reserves Canceled in 2012" Is Due to the Current Fund TO THE EXTENT OF the amount Received and Due from the General Budget of2011 for an Anticipated Deficit in the __________ Utilityfor2012:

20 II Al'propriation Reserves Canceled in 2012 Less: Anticipated Deficit in 20 II Budget - Amount Received

and Due from Current SFY Fund - If none, enter "None"

* Excess (Revenue Realized)

**ltems must be shown in same amounts on Sheet 58.

Sheet 59

4,729.18

4,729.18

RESULTS OF 2012 OPERATIONS SWIM POOL

Debit Credit

Excess in Anticipated Revenues XXXXXX

Unexpended Balances of Appropriations XXXXXX

Miscellaneous Revenue Not Anticipated XXXXXX

Unexpended Balances of2011 Appropriation Reserves' XXXXXX 4,729.18

Deficit in Anticipated Revenue 9,305.53 XXXXXX

XXXXXX

Operating Deficit· to Trial Balance XXXXXX 4,576.35

Excess in Operations· to Operating Surplus XXXXXX

• See restriction in amount on Sheet 59, SECTION 2 9,305.53 9,305.53

OPERATING SURPLUS- SWIM POOL

Debit Credit

Balance January 1,2012 XXXXXX 52,732.28

Excess in Results of2012 Operations XXXXXX .

Amount Appropriated in 2012 Budget· Cash 15,000.00 XXXXXX Amount Appropriated in 2012 Budget with Prior Written Consent

of Director of Local Govemment Services XXXXXX

Balance December 31, 2012 37,732.28 XXXXXX

52,732.28 52,732.28

ANALYSIS OF BALANCE DECEMBER 31, 2012 (FROM SWIM POOL UTILITY - TRIAL BALANCE)

Cash

Investments

Interfund Accounts Receivable

Subtotal

Deduct Cash Liabilities Marked with "C" on Trial Balance

Operating Surplus Cash or (Deficit in Operating Surplus Cash)

'Other Assets Pledged to Operating Surplus

Deferred Charges #

Operating Deficit # 4,576.35

Total Other Assets

# MAY NOT BE ANTICIPATED AS NON·CASH SURPLUS IN 2012 BUDGET

• In the case ofa "Deficit in Operating Surplus Cash", "Other Assets" would also be pledged to cash liabilities

Sheet 60

74,424.66

1.31

74,425.97

41,270.04

33,155.93

4,576.35

37,732.28

SCHEDULE OF SWIM POOL UTILITY ACCOUNTS RECEIVABLE

Balance January 1,2012 $ ____ _

Increased by:

Rents Levied -------

Decreased by:

Collections

Overpayments applied

Transfer to

Other

------


SCHEDULE OF

Balance January 1, 2012

Increased by:

Transfers from Accounts Receivable

Penalties and Costs

Other

Decreased by:

Collections

Other


N/A

Liens

$_-

$_-

$_-

$_--

SWIM POOL LIENS

N/A

Sheet 61

$_-

$_-

$_--

$_-

$_--

$_--

$_-

$_--

$_--

$_--

$_-

$_--

DEFERRED CHARGES - MANDATORY CHARGES ONLY-

SWIM POOL UTILITY FUND (Do not include the emergency authorizations pursuant to N.J.S. 40A:4-55, listed on Sheet 29)

Amount Caused by January 1, 2012 Amount in Amount Balance

per Audit 2012 Resulting as at Report Budget from 2012 Dec. 31. 2012

1. Emergency Authorizatiol $ $ $ $

2. $ $ $ $

3. $ $ $ $

4. $ $ $ $

5. N/A $ $ $ $

6. $ $ $ $

7. $ $ $ $

8. $ $ $ $

9. $ $ $ $

10. $ $ $ $

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


Date Purpose Amount

1. ___ _ -------------------------- $---------

$-----------------~N~M~---------------$ ______ __

2. ___ _

3. ______ _

4. ___ _ --------------------------$-------5. _____ _ --------------------------$-------



1. ________________ $ ______ __

N/A $ _______ _ 2. ___________________________ __

3. _____________ __ $_-------

4. _________________ $ ______ __

Sheet 62

Appropri ated for in Budget of Year 2013


SWIM POOL UTILITY ASSESSMENT BONDS

II Debit

II Credit

I 2013 Debt Service


Issued XXXXXX XX

N/A

Paid XXX XXX XX

Outstanding December 31, 2012 XXX XXX XX

2013 Bond Maturities - Assessment Bonds $ 2013 Interest on Bonds' $11

UTILITY CAPITAL BONDS


Issued XXXXXX XX

Paid N/A XXXXXX XX

Outstanding December 31,2012 XXX XXX XX


2013 Interest on Bonds' ~l____l INTEREST ON BONDS - UTILITY BUDGET

2013 Interest on Bonds ('Items) $

Less: Interest Accrued to 12/31/2012 (Trial Balance) $ N/A

Subtotal $




Purpose 12013 Maturity Amount Issued Date of Interest Issue Rate

N/A

Sheet 63


SWIM POOL UTILITY LOAN

II Debit

II Credit 2013 Debt

Service


Issued XXXXXX xx N/A

Paid XXXXXX XX


2013 Loan Maturities $ 20 \3 Interest on Loans * $11

SWIM POOL UTILITY LOAN

Outstanding January I, 2012 XXXXXX XX

Issued XXXXXX XX

N/A XXXXXX XX

Paid


20 \3 Loan Maturities $

20 \3 Interest on Loans * $ --------------

INTEREST ON LOANS· SWIM POOL UTILITY BUDGET

20 \3 Interest on Bonds (*ltems) $


Subtotal $





N/A

'--

Sheet 63a

~ ~ a ~

DEBT SERVICE SCHEDULE FOR UTILITY NOTES (OTHER THAN UTILITY ASSESSMENT NOTES) ------- ----

Original Original Amount Date Title or Purpose ofissue Amount Date of of Note of

Issued Issue* Outstanding Maturity Dec. 31,2012

1.

2.

3.

4.

5. N/A

6.

7.

8.

9.

10.

Important: If there is more than one utility in the municipality, identify each note.

Memo: Designate all "Capital Notes" issued under N.J.S. 40A:2-8(b) with "C". Such notes must be retired at the rate


• See Sheet 33 for clarification of "Original Date ofissue".

All notes with an original date of issue of2010 or prior require one legal payable installment to be budgeted ifit


.* If interest on note is financed by ordinance, designate same, otherwise an amount must be included in this

column.

Sheet 64

Rate 2013 Budget Requirement of

Interest For Principal For Interest ••

INTEREST ON NOTES - UTILITY BUDGET


Less: Interest Accrued to 12/31/2012 Trial Balance) $

Subtotal $




f ~ ~

DEBT SERVICE SCHEDULE FOR UTILITY ASSESSMENT NOTES

Original Original Amount Date Rate 2013 Budget Requirement Title or Purpose ofissue Amount Date of of Note of of


I.

2.

3.

4.

5.

6.

7.

8. N/A

9.

10.

II.

12.

13.

14.

15.

Important: If there is more than one utility in the municipality, identify each note. Memo: 'See Sheet 33 for clarification of "Original Date ofissue".

Utility Assessment Notes with an original date of issue of December 31,2010 or prior must be appropriated in full in the 2013 Dedicated Utility Assessment Budget or written intent of permanent financing submitted.

** Interest on Utility Assessment Notes must be included in the Utility Budget appropriation "Interest on Notes".

Sheet 65




Outstanding For Principal For Interest/Fees December 31, 2012

1.

2.

3.

4.

5.

6.

'" ffi e; • 7 . N/A

8.

9.

10.

II.

12.

13.

14.

Total

80051-01 80051-02


Sheet 65a

SCHEDULE OF IMPROVEMENT AUTHORIZATIONS (UTILITY CAPITAL FUND) ------- --- - --- ----------- -------------

IMPROVEMENTS Specity each authorization by purpose. Do 2012 Expended Authorizations


-

N/A

Total 70000- - - - - - - - -Place an * before each item of "Improvement" which represents a funding or refunding of an emergency authorizatIOn.

Sheet 66

SWIM POOL .. _ _ UTILITY CAPITAL FUND ------SCHEDULE OF CAPITAL IMPROVEMENT FUND

I Debit I Credit

Balance January I, 2012 XXXXXX 373.31

Received from 2012 Budget Appropriation * XXXXXX

XXXXXX Improvement Authorizations Canceled

(financed in whole by the Capital Improvement Fund) XXXXXX

List by Improvements - Direct Charges Made for Preliminary Costs: XXXXXX XXXXXX

XXXXXX

XXXXXX

xxxxxx

XXXXXX

XXXXXX

XXXXXX

Adjustment for prior year Reserve for Amortization XXXXXX

Appropriated to Finance Improvement Authorizations XXXXXX

XXXXXX

Balance December 31, 2012 373.31 XXXXXX

373.31 373.31

SWIM POOL UTILITY CAPITAL FUND ------

SCHEDULE OF DOWN PAYMENTS ON IMPROVEMENTS

I Debit

I Credit

Balance January 1,2012 XXXXXX

Received from 2012 Budget Appropriation' XXXXXX

Received from 2012 Emergency Appropriation' XXXXXX

N/A


XXXXXX


'The full amount of the 2012 appropriation should be transferred to this account unless the balance of the appropriation is permitted to lapse.

Sheet 67

Purpose

N/A



UTILITIES ONLY





SWIM POOL UTILITY CAPITAL FUND STATEMENT OF CAPITAL SURPLUS

YEAR 2012

Debit Credit

----------

Balance January 1,2012 XXXXXX 840.59

Premium on Sale of Bonds XXXXXX

Funded Improvement Authorizations Canceled XXXXXX

Appropriated to Finance Improvement Authorizations xxx XXX

Appropriated to 2012 Budget Revenue XXXXXX

Balance December 31, 2012 840.59 XXXXXX

840.59 840.59

Sheet 68


POST CLOSING TRIAL BALANCE - WATER/SEWER UTILITY FUND


OPERATING AND CAPITAL SECTIONS (Separately Stated)

Cash Liabilities Must Be Subtotaled and Subtotal Must Be Marked With "c"

Title of Account I~E Operating Fund:

Cash 2,101,81034

Change Fund 100,00

Due from Water/Sewer Capital 380,307,66

Consumer Accounts Receivable 1,426,547,84

Due to Current Fund

Appropriation Reserves

Encumbrance Payable

Overpayments

Prepaid

Meter Deposits

Accrued Interest Payable

Reserve for Receivables

Fund Balance

3,908,765,84

Capital Fund:

Estimated Proceeds of Bonds and Notes 1,817,650,00

Bonds and Notes Authorized but not Issued

Cash -

Fixed Capital 13,672,54520

Fixed Capital - Uncompleted 6,108,000,00

N.J. Environmental Infrastructure Trust Loan Receivable 16,390,00

Due to Water/Sewer Operating

Capital Improvement Fund

N.J. Environmental Infrastructure Trust Loan Payable

Bond Anticipation Notes

Improvement Authorizations:

Unfunded

Reserve for Amortization

Reserve for Deferred Amortization

19,796,93520


Sheet 69

34,758,49

654,804,43

451,90],80

3,782,90

504,94

3,47725

19,984,52

1,169,21433

1,426,547,84

1,313,003,67

3,908,765,84

1,817,650,00

380,307,66

51,238,11

1,641,370,76

1,256,894,00

1,338,562,75

12,826,044,86

2,302,517,06

19,796,93520

"e"


IF MORE THAN ONE UTILITY EACH ASSESSMENT SECTION MUST BE SEPARATELY STATED


Title of Account Debit Credit

N/A


Sheet 70

~

[

"

ANALYSIS OF WATER/SEWER UTILITY ASSESSMENT TRUST CASH AND INVESTMENTS PLEDGED TO LIABILITIES AND SURPLUS

Audit RECEIPTS Balance Title of Liability to which Cash Balance Disbursements Dec. 31, 2012

and Investments are Pledged Dec. 31, 2011 Assessments Operating

and Liens Budget

Assessment Serial Bond Issues: XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX

N/A

Assessment Bond Anticipation Note Issues: XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX

Other Liabilities

Trust Surplus

Less Assets "Unfinanced" * XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX XX XXXXX

* Show as red figure

Sheet 71

XX

XX

XX

SCHEDULE OF WATER/SEWER UTILITY BUDGET - 2012

BUDGET REVENUES

Source

II

Budget

I

Received Excess or in Cash Deficit*

Operating Surplus Anticipated 01 446,299.00 446,299.00 -

Operating Surplus Anticipated with Consent of Director of Local Gov!. Services 02

Rents 5,882,000.00 6,855,406.36 973,406.36

Hydrant service 55,000.00 55,000.00 -

Interest - -

Miscellaneous 70,000.00 74,236.23 4,236.23

Added by NJ.S. 40A:4-87 (List) XXXXXX XXXXXX XXXXXX

Subtotal 6,453,299.00 7,430,941.59 977,642.59

Deficit (General Budget) ** 07

08 6,453,299.00 7,430,941.59 977,642.59

** Amount in "Received in Cash" column for "Deficit (General Budget)" and amount expended for "Surplus (General Budget)" must agree with

amounts shown for such items on Sheet 73.


Appropriations: XXXXXX

Adopted Budget 6,453,299.00

Added by NJ.S. 40A:4-87

Emergency

Total Appropriations 6,453,299.00

Add: Overexpenditures (See Footnote) -

Total Annropriations and Overexpenditures 6,453,299.00


Paid or Charged 5,797,976.33

Reserved 654,804.43

Surplus (General Budget) **

Total Expenditures 6,452,780.76

Unexpended Balance Canceled (See Footnote) 518.24 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 BALANCE CANCELED: Are not to be shown as "Paid or Charged" in the budget document. In all instances "Total Appropriations" and "Over expenditures"

must equal the sum of "Total Expenditures" and "Unexpended Balances Canceled"

Sheet 72

STATEMENT OF 2012 OPERATION WATER/SEWER UTILITY

NOTE: Section I of this sheet is required to be filled out ONLY IF the 2012 WATER/SEWER Utility

Budget contained either an item of revenue "Deficit (General Budget)" or an item of appropriation "Surplus (General Budget)" Section 2 should be filled out in every case.

SECTION 1:

Revenue Realized: XXXXXX

Budget Revenue (Not Including "Deficit (General Budget)") 7,430,941.59

Miscellaneous Revenue Not Anticipated 20 II Appropriation Reserves Canceled'

(Excess Revenue Realized) 119,755.81

Total Revenue Realized

Expenditures: XXXXXX

Appropriations (Not Including "Surplus (General Budget)") XXXXXX

Paid or Charged 5,797,976.33

Reserved 654,804.43




Total Expenditures 6,452,780.76 Less: Deferred Charges Included In


Total Expenditures - As Adjusted

Excess

Budget Appropriation - Surplus (General Budget) " 446,299.00 Remainder- Balance of "Results of2012 Operation"

("Excess in Operations" - Sheet 74) 1,097,916.64

Deficit

Anticipated Revenue - Deficit (General Budget) " Remainder Balance of "Results of2012 Operation"

("Operating Deficit - to Trial Balance" - Sheet 74)

SECTION 2:

7,550,697.40

6,452,780.76

1,097,916.64

The following Item of"2011 Appropriation Reserves Canceled in 2012" Is Due to the Current Fund TO THE EXTENT OF the amount Received and Due from the General Budget of 20 II for an Anticipated Deficit in the

WATER/SEWER Utility for 2012:

2011 Appropriation Reserves Canceled in 2012 Less: Anticipated Deficit in 2011 Budget - Amount Received

and Due from Current Fund - If none, enter "None"

, Excess (Revenue Realized)

"Items must be shown in same amounts on Sheet 72.

Sheet 73

119,755.81

119,755.81

RESULTS OF 2012 OP'ERATIONS WAT'ER/SEWER UTILITY

II Debit . Credit

Excess in Anticipated Revenu'es XXXXXX 977,642.59

Unexpended Balances of Appropriations ' :. XilCXXXX 518.24 , .

Miscellaneous Revenue Not Anticipated ' XXXXXX

Unexpended Balances of2011 Appropriation Reserves' XXXXXX 119,755.81

Deficit in Anticipated Revenue XXXXXX

XXXXXX

Operating Deficit· to Trial Balance XXXXXX

Excess in Operations· to Operating Surplus 1,097,916.64 XXXXXX

• See restriction in amount on Sheet 59, SECTION 2 1,097,916.64 1,097,916.64

OPERATING SURPLUS- WATER/SEWER

~- Credit


Excess in Results of2012 Operations XXXXXX 1,097,916.64

Amount Appropriated in 2012 Budget· Cash 446,299.00 XXXXXX Amount Appropriated in 2012 Budget with Prior Written Consent

of Director of Local Government Services XXXXXX

Balance December 31, 2012 1,313,003.67 XXXXXX

1,759,302.67 1,759,302.67

ANALYSIS OF BALANCE DECEMBER 31,2012 (FROM WATER/SEWER UTILITY - TRIAL BALANCE)

Cash & Change Fund 2,101,910.34

Investments

Interfund Accounts Receivable 380,307.66

Subtotal 2,482,218.00

Deduct Cash Liabilities Marked with "C" on Trial Balance 1,169,214.33

Operating Surplus Cash or (Deficit in Operating Surplus Cash) 1,313,003.67

'Other Assets Pledged to Operating Surplus

Deferred Charges #

Operating Deficit #

Total Other Assets .

# MAY NOT BE ANTICIPATED AS NON·CASH SURPLUS IN 2012 BUDGET 1,313,003.67

• In the case ofa "Deficit in Operating Surplus Cash", "Other Assets" would also be pledged to cash liabilities

Sheet 74

SCHEDULE OF WATER/SEWER UTILITY ACCOUNTS RECEIVABLE


Increased by:

Water/Sewer Rents Levied

Decreased by:

Collections

Overpayments applied

Transfer to ----

Other


Liens

SCHEDULE OF


Increased by:

Transfers from Accounts Receivable

Penalties and Costs

Other

Decreased by:

Collections

Other


N/A

Sheet75

$ 6,855,406.36

$_---

$_--

$_---

LIENS

$

$

$

$

$

$ 1,000,890.42

$ 7,281,063.78

$ 6,855,406.36

$ 1,426,547.84

$

$

$

$

DEFERRED CHARGES -MANDATORY CHARGES ONLY-

WATER/SEWER UTILITY FUND (Do not inclnde the emergency authorizations pursuant to N.J.S. 40A:4-55, listed on Sheet 29)

Amount Caused by January 1, 2012 Amount in Amount Balance

per Audit 2012 Resulting as at Report Budget from 2012 Dec. 31, 2012

I. Emergency AuthorizatiOl $ $ $ $

2. $ $ $ $

3. $ $ $ $

4. $ $ $ $

5. N/A $ $ $ $

6. $ $ $ $

7. $ $ $ $

8. $ $ $ $

9. $ $ $ $

10. $ $ $ $

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


Date Purpose Amount

1. ___ _ $_----

2. ___ _ ------------------- $_----

3. ___ _ N/A $ ____ _

4. ___ _ -------------------- $_----

5. ___ _ -----------------_$_----



$_----1.--------::-N

-::-:/A-:--------- $ ___ _

2. _____________ --=-:.:~ __________________ _

3. ________________ $ ___ _

4. $ ____ _

Sheet 76

Appropriated for in Budget of Year 2013


_____ UTILITY ASSESSMENT BONDS

Debit

II Credit 2013 Debt

Service


Issued XXXXXX xx

N/A

Paid XXXXXX XX

Outstanding December 3 1, 2012 XXXXXX XX

2013 Bond Maturities - Assessment Bonds $ 2013 Interest on Bonds * $11

UTILITY CAPITAL BONDS


Issued XXXXXX XX

Paid N/A XXXXXX XX



2013 Interest on Bonds * $

INTEREST ON BONDS - UTILITY BUDGET

2012 Interest on Bonds (*Items) $


Subtotal $





N/A I I Ft=

Sheet 77


W ATERISEWER UTILITY LOAN

II Debit

II Credit

I 2012 Debt

Service

Outstanding January 1,2012 XXXXXX 1,168,637.35

Issued XXXXXX

Paid 66,252.37 XXXXXX

Outstanding December 31, 2012 1,102,384.98 XXXXXX

1,168,637.35 1,168,637.35 2013 Loan Maturities $ 65,606.05 2013 Interest on Loans * $11 26,192.50

WATER/SEWER UTILITY LOAN

Outstanding January 1,2012 XXXXXX 215,581.33

Issued XXXXXX

XXXXXX

Paid 11,649.58

Outstanding December 31, 2012 203,931.75 XXXXXX

215,581.33 215,581.33

2013 Loan Maturities $ 11,820.19 2013 Interest on Loans * $11 4,607.20

INTEREST ON LOANS· WATER/SEWER UTILITY BUDGET

2013 Interest on Bonds ('Items) 33,703.84

Less: Interest Accrued to 12/31/2012 (Trial Balance) 14,554.05

Subtotal 19,149.79

Add: Interest to be Accrued as of 12/31/2013 14,043.27

Required Appropriation 2013 $ 33,193.06


Purpose I 2013 Maturity Amount Issued Date of Interest Issue Rate

N/A _EF1RF

Sheet 78



I Debit

II Credit

I 2013 Debt

Service

Outstanding January 1,2012 XXXXXX 354,884.20

Issued XXXXXX

Paid 17,917.65 XXXXXX

Outstanding December 3 1,2012 336,966.55 XXXXXX

354,884.20 354,884.20

20 I 3 Loan Maturities $ 17,954.52

20 I 3 Interest on Loans • $11 2,904.14


Outstanding January 1,2012 XXXXXX

Issued XXXXXX

xxxxxx N/A

Paid

Outstanding December 3 I, 20 I 2 XXXXXX

2013 Loan Maturities $ 95,380.76

20 I 3 Interest on Loans> $ 33,703.84

INTEREST ON LOANS - UTILITY BUDGET

20 I 3 Interest on Bonds (>Items)

Less: Interest Accrued to 12/31/2012 (Trial Balance) See Sheet 78

Subtotal

Add: Interest to be Accrued as of 12/31/2013

Required Appropriation 2013


Purpose 120 I 3 Maturity Amount Issued Date of Interest Issue Rate

See Sheet 78

Sheet 78a

[ Oil

DEBT SERVICE SCHEDULE FOR UTILITY NOTES (OTHER THAN UTILITY ASSESSMENT NOTES)

Original Original Amount Date Title or Purpose ofissue Amount Date of of Note of

Issued Issue* Outstanding Maturity Dec. 31,2012

I. System Improvements 700,000.00 08/06103 85,862.00 06114113

2. Construction Improvements 330,000.00 08/03/05 188,620.00 06114113

3. Various Improvements 320,000.00 08/03/05 188,965.00 06/14113

4. Meter Facility 332,500.00 08/03/05 238,534.00 06114113

5. Various Improvements 300,000.00 12/22/06 229,655.00 06114113

6. Meter Facility 200,000.00 12/22106 143,448.00 06114113

7. Design Filter System 237,500.00 06/20/07 181,810.00 06/14113

8.

9.

10. 2,420,000.00 1,256,894.00

Important: If there is more than one utility in the municipality, identifY each note.

Memo: Designate all "Capital Notes" issued under N.J.S. 40A:2-8(b) with "C". Such notes must be retired at the rate


* See Sheet 33 for clarification of "Original Date ofIssue".

All notes with an original date of issue of2010 or prior require one legal payable installment to be budgeted ifit


** If interest on note is financed by ordinance, designate same, otherwise an amount must be included in this

column.

Sheet 79

Rate 2013 Budget Requirement

of Interest For Principal For Interest

*-

0.90% 24,138.00 772.76

0.90% 11,380.00 1,697.58

0.90% 11,035.00 1,700.69

0.90% 11,466.00 2,146.81

0.90% 10,345.00 2,066.90

0.90% 6,552.00 1,291.03

0.90% 8,190.00 1,636.29

83,106.00 11,312.05

INTEREST ON NOTES -WaterlSewer UTILITY BUDGET


Less: Interest Accrued to 12/31/2012 Trial Balance) $

Subtotal $



11,312.05

5,430.47

5,881.58

4,775.55

10,657.12

f ~ o

DEBT SERVICE SCHEDULE FOR UTILITY ASSESSMENT NOTES

Original Original Amount Date Rate 2013 Budget Requirement Title or Purpose of Issue Amount Date of of Note of of


I.

2.

3.

4.

S.

6.

7. N/A

8.

9.

10.

11.

12.

13.

14.

IS.

Important: If there is more than one utility in the municipality, identify each note. Memo: 'See Sheet 33 for clarification of "Original Date ofIssue".

Utility Assessment Notes with an original date of issue of December 31, 2010 or prior must be appropriated in full in the 2013 Dedicated Utility Assessment Budget or written intent of permanent financing submitted .

•• Interest on Utility Assessment Notes must be included in the Utility Budget appropriation "Interest on Notes".

Sheet 80


en ~

~ 00

I.

2.

3.

4.

5.

6.

7.

8.

9.

10.

11.

12.

13.

14.



Outstanding For Principal For Interest/Fees December 31,2012

N/A

Total

80051-01 80051-02


Sheet 81

SCHEDULE OF IMPROVEMENT AUTHORIZATIONS (UTILITY CAPITAL FUND)

IMPROVEMENTS Specify each authorization by purpose. Do 2011 Expended Authorizations


I

,

Construction of Test Wells 1,068,041. 77 - 1,068,041. 77

Various Improvements 682.04 682.04

Meter Facility 3,258.64 3,258.64

Various Improvements 113,115.05 113,115.05

Arsenic Treatment 103,007.20 103,007.20

Sewer Pump Station 50,458.05 50,458.05 ~

If 13

Total 70000- - 1,338,562.75 - - - - - 1,338,562.75

Place an * before each item of "Improvement" which represents a funding or refunding of an emergency authorizatIOn.

Sheet 82

WATER/SEWER UTILITY CAPITAL FUND SCHEDULE OF CAPITAL IMPROVEMENT FUND

II Debit

II Credit



XXXXXX Improvement Authorizations Canceled

(financed in whole by the Capital Improvement Fund) XXXXXX

List by Improvements - Direct Charges Made for Preliminary Costs: XXXXXX XXXXXX

xxxxxx

XXXXXX

xxxxxx

XXXXXX

xxxxxx

xxx xxx

XXXXXX


XXXXXX

Balance December 31,2012 51,238.11 XXXXXX

51,238.11 51,238.11

WATER/SEWER UTILITY CAPITAL FUND SCHEDULE OF DOWN PAYMENTS ON IMPROVEMENTS

II Debit

II Credit



Received from 2012 Emergency Appropriation • XXXXXX

N/A


XXXXXX


*The full amount of the 2012 appropriation should be transferred to this account unless the balance of the appropriation is permitted to lapse.

Sheet 83

Purpose

N/A



UTILITIES ONLY

-- ---------





WATER/SEWER UTILITY CAPITAL FUND STATEMENT OF CAPITAL SURPLUS

YEAR 2012

Debit Credit


Premium on Sale of Bonds XXXXXX

Funded Improvement Authorizations Canceled xxx XXX

N/A II


Appropriated to 2012 Budget Revenue XXXXXX


0

Sheet 84

0

Documents

ANNUAL FINANCIAL STATEMENT FOR THE YEAR 2012 …