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(MUST ACCOMPANY 2020 BUDGET) CAP · PDF file CAP MUNICIPALITY: COUNTY: HUNTERDON December 31, 2022 Term Expires Term Expires 12/31/2021 12/31/2020 12/1/2004 Date of Orig. Appt. 1454

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Text of (MUST ACCOMPANY 2020 BUDGET) CAP · PDF file CAP MUNICIPALITY: COUNTY: HUNTERDON December 31,...

  • CAP MUNICIPALITY: COUNTY: HUNTERDON

    December 31, 2022 Term Expires Term Expires

    12/31/2021

    12/31/2020 12/1/2004

    Date of Orig. Appt. 1454

    Cert. No. T8495

    Cert. No. 141

    Cert. No. 560

    Lic. No.

    Fax #: 908-479-1418

    12/31/2020

    12/31/2021

    12/31/2022

    12/31/2022

    Borough of Bloomsbury 91 Brunswick Avenue Bloomsbury, NJ 08804

    Sheet A

    Louise Gerance

    Eric Weger

    Al Stiehler

    Chris Smith

    Scott McClymont

    Todd Dangelo

    Municipal Officials

    Municipal Attorney

    {

    Official Mailing Address of Municipality

    Lisa A. Burd Reindel Municipal Clerk

    Jennifer Harrington Tax Collector

    Kim Francisco Chief Financial Officer

    John J. Mooney Registered Municipal Accountant

    William Edleston

    2020 MUNICIPAL DATA SHEET

    Mayor's Name Name

    BOROUGH OF BLOOMSBURY

    Governing Body Members Vicky Papics

    (MUST ACCOMPANY 2020 BUDGET)

  • Municipal Budget of the of , County of for the Fiscal Year 2020.

    It is hereby certified that the Budget and Capital Budget annexed hereto and hereby made a part hereof is a true copy of the Budget and Capital Budget approved by resolution of the Governing Body on the

    day of , 2020 and that public advertisement will be made in accordance with the provisions of N.J.S.A. 40A:4-6 and N.J.A.C. 5:30-4.4(d).

    Certified by me, this 25 day of , 2020

    It is hereby certified that the approved Budget annexed hereto and hereby made It is hereby certified that the approved Budget annexed hereto and hereby made a part is an exact copy of the original on file with the Clerk of the Governing Body, that all a part is an exact copy of the original on file with the Clerk of the Governing Body, that all additions are correct, all statements contained herein are in proof, and the total of anticipated additions are correct, all statements contained herein are in proof, the total of anticipated revenues equals the total of appropriations. revenues equals the total of appropriations and the budget is in full compliance with the

    Local Budget Law, N.J.S.A. 40A:4-1 et seq. Certified by me, this day of , 2020

    Certified by me, this day of , 2020

    (Do not advertise this Certification form) It is hereby certified that the amounts to be raised by taxation for local purposes has been It is hereby certified that the Approved Budget made part hereof complies with the compared with the approved Budget previously certified by me and any changes required as a requirements of law, and approval is given pursuant to N.J.S.A. 40A:4-79. condition to such approval have been made. The adopted budget is certified with respect to the foregoing only.

    STATE OF NEW JERSEY STATE OF NEW JERSEY Department of Community Affairs Department of Community Affairs Director of the Division of Local Government Services Director of the Division of Local Government Services

    Dated: , 2020 By: Dated: , 2020 By:

    Kim Francisco

    Clerk

    Address

    Address

    908-479-4200

    Sheet 1

    DO NOT USE THESE SPACES

    Chief Financial Officer

    CERTIFICATION OF ADOPTED BUDGET CERTIFICATION OF APPROVED BUDGET

    Mt. Arlington, NJ 07856 Address

    973-298-8500 Phone Number

    Registered Municipal Accountant

    25 February

    February

    25

    John J. Mooney Nisivoccia

    February

    200 Valley Road Suite 300 Address

    2020

    BOROUGH HUNTERDONBLOOMSBURY

    25

    Lisa A. Burd Reindel

    91 Brunswick Avenue

    Bloomsbury, NJ 08804

    MUNICIPAL BUDGET

    February

    Phone Number

  • Section 1.

    Municipal Budget of the of , County of for the Fiscal Year 2020

    Be it Resolved, that the following statements of revenues and appropriations shall constitute the Municipal Budget for the year 2020;

    Be it Further Resolved, that said Budget be published in the

    in the issue of , 2020

    The Governing Body of the of does hereby approve the following as the Budget for the year 2020:

    RECORDED VOTE Abstained (Insert last name)

    Ayes Nays

    Absent

    Notice is hereby given that the Budget and Tax Resolution was approved by the of the

    of , County of , on 25 , 2020.

    A Hearing on the Budget and Tax Resolution will be held at , on 24 , 2020 at

    o'clock PM at which time and place objections to said Budget and Tax Resolution for the year 2020 may be presented by taxpayers or other

    interested persons.

    7:00

    MUNICIPAL BUDGET NOTICE

    Sheet 2

    BOROUGH

    Hunterdon County Democrat

    BOROUGH BLOOMSBURY

    March

    HUNTERDON

    COUNCIL MEMBERS BOROUGH

    Borough of Bloomsbury

    BLOOMSBURY

    March 12

    FebruaryBLOOMSBURY HUNTERDON

  • YEAR 2020

    General Appropriations For: (Reference to item and sheet number should be omitted in advertised budget) XXXXXXXXXXXX

    1. Appropriations within "CAPS" - XXXXXXXXXXXX

    (a) Municipal Purposes {(Item H-1, Sheet 19)(N.J.S.A. 40A:4-45.2)} 737,651.00

    2. Appropriations excluded from "CAPS" - XXXXXXXXXXXX

    (a) Municipal Purposes {(Item H-2, Sheet 28)(N.J.S.A. 40A:4-53.3 as amended)} 239,429.96

    (b) Local District School Purposes in Municipal Budget (Item K, Sheet 29) -

    Total General Appropriations excluded from "CAPS" (Item O, Sheet 29) 977,080.96

    3. Reserve for Uncollected Taxes (Item M, Sheet 29) Based on Estimated 93.39% Percent of Tax Collections 185,192.82

    Building Aid Allowance 2020 - $

    4. Total General Appropriations (Item 9, Sheet 29) for Schools-State Aid 2019 - $ 1,162,273.78

    5. Less: Anticipated Revenues Other Than Current Property Tax (Item 5, Sheet 11) (i.e. Surplus, Miscellaneous Revenues and Receipts from Delinquent Taxes) 576,566.96

    6. Difference: Amount to be Raised by Taxes for Support of Municipal Budget (as follows) XXXXXXXXXXXX

    (a) Local Tax for Municipal Purposes Including Reserve for Uncollected Taxes (Item 6(a), Sheet 11) 585,706.82

    (b) Addition to Local District School Tax (Item 6(b), Sheet 11) -

    (c) Minimum Library Tax -

    EXPLANATORY STATEMENT

    SUMMARY OF CURRENT FUND SECTION OF APPROVED BUDGET

    Sheet 3

  • General

    Budget Utility Utility Utility Utility Utility Utility

    Budget Appropriations - Adopted Budget 1,152,242.61 - - - - - -

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

    Emergency Appropriations - - - - - - -

    Total Appropriations 1,152,242.61 - - - - - - Expenditures:

    Paid or Charged (Including Reserve for Uncollected Taxes) 945,257.53 - - - - - -

    Reserved 206,985.08 - - - - - -

    Unexpended Balances Canceled - - - - - - - Total Expenditures and Unexpended Balances Canceled 1,152,242.61 - - - - - -

    Overexpenditures * - - - - - - -

    Sheet 3a

    EXPLANATORY STATEMENT - (Continued)

    SUMMARY OF 2019 APPROPRIATIONS EXPENDED AND CANCELED

  • Total General Appropriations for 2019 973,643.00 Allowable Operating Appropriations before Cap Base Adjustment: Additional Exceptions per (N.J.S.A. 40A:4-45.3) 739,075.23 Subtotal 973,643.00

    Exceptions Less: Additions: Total Other Operations 5,894.00 New Construction (Assessor Certification) 277.30 Total Uniform Construction Code 2018 Cap Bank 6,604.20 Total Interlocal Service Agreement 2019 Cap Bank 29,864.75 Total Additional Appropriations Total Capital Improvements 61,700.00 Total Debt Service Transferred to Board of Education Total Additions 36,746.25 Type I School Debt Total Public & Private Programs Maximum Appropriations within "CAPS" Sheet 19 @ 2.5% 775,821.47 Judgements Total Deferred Charges Cash Deficit Additional Increase to COLA rate. 3.5% Reserve for Uncollected Taxes 185,000.00 Amount of Increase allowable. 1.0% 7,210.49 Total Exceptions 252,594.00

    Amount on Which CAP is Applied 721,049.00 2.5% CAP 18,026.23 Maximum Appropriations within "CAPS" Sheet 19 @ 3.5% 783,031.96

    Allowable Operating Appropriations before Additional Exceptions per