Township Mannington Salem

Sheet 1

POPULATION LAST CENSUSNET VALUATION TAXABLE 2012

MUNICODE

of , County of

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

Date Examined By:

1 Preliminary Check

2 Examined

I hereby certify that the debt shown on Sheets 31 to 34a, 49 to 51a and 63 to 65a are complete, were computed by me andcan be supported upon demand by a register or other detailed analysis.

Signature

Name

Title

Email

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

REQUIRED CERTIFICATION BY THE CHIEF FINANCIAL OFFICER:

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

Further, I do hereby certify that I, , am the Chief FinancialOfficer, License # N-0441 , of the of

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

Signature

Title

Address

Phone Number

Fax Number

Email

IT IS HEREBY INCUMBENT UPON THE CHIEF FINANCIAL OFFICER, WHEN NOT PREPARED BY SAID, AT A MINIMUM MUST REVIEW THE CONTENTS OF THIS ANNUAL FINANCIAL STATEMENT WITH THE PREPARER, SO AS TO BE FAMILIAR WITH THE REPRESENTATIONS AND ASSERTIONS MADE HEREIN.

Mannington Salem

ANNUAL FINANCIAL STATEMENT REQUIRED TO BE FILED UNDER NEW JERSEY STATUTESANNOTATED 40A:5-12, AS AMENDED, COMBINED WITH INFORMATION REQUIRED PRIOR TO

CERTIFICATION OF BUDGETS BY THE DIRECTOR OF THE DIVISION OF LOCAL GOVERNMENT SERVICES.

Michael J. Welding

ANNUAL FINANCIAL STATEMENT FOR THE YEAR 2012

1,806222,846,336

1705

Township Mannington Salem

(UNAUDITED)

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

MUNICIPALITIES - FEBRUARY 10, 2013

856-935-2359

856-935-6557

[email protected]

Registered Municipal Accountant

[email protected]

Township

Chief Financial Officer

491 Route 45, Mannington NJ 08079

Marie Stout

mailto:[email protected]


Sheet 1a Township of Mannington, Muni Code: 1705

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 theaccompanying Annual Financial Statement from the books of account and records madeavailable to me by the ofas of December 31, 2012 and have applied certain agreed-upon procedures thereon aspromulgated by the Division of Local Government Services, solely to assist the Chief FinancialOfficer in connection with the filing of the Annual Financial Statement for the year thenended as required by N.J.S. 40A:5-12, as amended.

Because the agreed-upon procedures do not constitute an examination of accounts made inaccordance with generally accepted auditing standards, I do not express an opinion on any ofthe post-closing trial balances, related statements and analyses. In connection with theagreed-upon procedures, (except for circumstances as set forth below, no matters) or (nomatters) [eliminate one] came to my attention that caused me to believe that the AnnualFinancial Statement for the year ended December 31, 2012 is not in substantial compliance with therequirements of the State of New Jersey, Department of Community Affairs, Division of LocalGovernment Services. Had I performed additional procedures or had I made an examinationof the financial statements in accordance with generally accepted auditing standards, othermatters might have come to my attention that would have been reported to the governingbody and the Division. This Annual Financial Statement relates only to the accounts anditems prescribed by the Division and does not extend to the financial statements of the munici-pality/county, taken as a whole.

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

Certified by me

This 8th day of February , 2013 (856) 782-5092


(Fax Number)

(Email)

(Phone Number)

(Address)

(Address)

(Firm Name)Bowman & Company LLP

6 North Broad Street, Suite 201

Woodbury, New Jersey 08096

Township Mannington

Michael J. Welding

(856) 782-2892

[email protected]


Sheet 1b Township of Mannington, Muni Code: 1705

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

under N.J.A.C. 5:23-4.17.

Printed Name:

Signature:

Certificate #:

Date:

UNIFORM CONSTRUCTION CODE CERTIFICATION BY CONSTRUCTION CODE OFFICIAL

Sheet 1c Township of Mannington, Muni Code: 1705

MUNICIPAL BUDGET LOCAL EXAMINATION QUALIFICATION CERTIFICATIONBY

CHIEF FINANCIAL OFFICER

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

CERTIFICATION OF QUALIFYING MUNICIPALITY

1. 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 totalappropriations;

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 1a 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 toconduct one in the current year.

9. The current year budget does not contain a levy or appropriation "CAP" referendum.

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

The undersigned certifies that this municipality has complied in full in meeting ALLof the above criteria in determining its qualification for local examination of its Budgetin accordance with N.J.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 criteriaabove and therefore does not qualify for local examination of its Budget in accordancewith N.J.A.C. 5:30-7.5.

Municipality:


Signature:

Certificate #:

Date:

Township of Mannington

Marie Stout

N-0441

Sheet 1d Township of Mannington, Muni Code: 1705

Fed I.D. #

Municipality

County

Report of Federal and State Financial Assistance

Expenditures of Awards

Fiscal Year Ending: December 31, 2012

(1) (2) (3)

Federal ProgramsExpended State Other Federal

(administered by Programs Programsthe State) Expended Expended

TOTAL $ $ 29,494.08

Type of Audit required by OMB A-133 and OMB 04-04:

Single Audit

Program Specific Audit

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

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

(1) 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 frompass-through entities. Exclude state aid (I.e., CMPTRA, Energy Receipts tax, etc.) since thereare no compliance requirements.

(3) Report expenditures from federal programs received directly from the federal government orindirectly from entities other than state governments.

Signature Of Chief Financial Officer Date


22-1987443

Salem

Sheet 2 Township of Mannington, Muni Code: 1705

IMPORTANT!

READ INSTRUCTIONS

INSTRUCTIONThe 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.

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

utility owned and operated by the Township of ,

County of during the year 2012 and that sheets 40 to 68 are unnecessary.

I have therefore removed from this statement the sheets pertaining only to utilities

Signature

Name

Title

(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 of N.J.S.A. 54:4-35, was in the amount of $ 221,297,293 .

SIGNATURE OF TAX ASSESSOR

MUNICIPALITY

COUNTY

Mannington

Salem


Salem

Michael J. Welding



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 Debit Credit

Cash 2,053,829.03

Investments

Due from State of NJ - Senior Citizens & Veterans Deductions

Receivables with Full Reserves:

Delinquent Taxes 140,791.39

Tax Title Liens 146,888.32

Property Acquired by Taxes 439,050.00

Contract Sales Receivable -

Mortgage Sales Receivable -

Due Animal Control Fund 461.99

Sub-total Receivables with Full Reserves 727,191.70

Deferred Charges (Sheets 28, 29 & 30) -

Deferred School Taxes (Sheets 13 & 14) 400,000.00

Sub-total 3,181,020.73 -

(Do not crowd - add additional sheets)


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 Subtotaled


Totals from Sheet 3 3,181,020.73 -

Cash Liabilities:

Appropriation Reserves 139,542.79

Due to State of New Jersey - Senior Citizens & Veterans Deductions 3,060.00

Local District School Tax Payable 596,434.00

Regional School Tax Payable -

Regional High School Tax Payable -

County Taxes Payable -

Due County for Added and Omitted Taxes -

Special District Taxes Payable -

State Library Aid ( See Sheet 16 ) -

Reserve for Encumbrances 17,673.97

Prepaid Taxes 74,512.42

Due Federal and State Grant Fund 19,060.27

Due Farmland Trust Fund 44,569.00

Due Trust Other Funds (39,501.95)

Due General Capital Fund 34,274.09

Reserve for Codification of Ordinances 10,249.00

Reserve for Legal Costs - Tax Appeals 38,179.50

Reserve for Master Plan 119,109.00

Sub-total Cash Liabilities C 1,057,162.09

Reserve for Receivables 727,191.70

School Taxes Deferred (Sheets 13& 14) 400,000.00

Fund Balance 996,666.94

Total 3,181,020.73 3,181,020.73



POST CLOSING TRIAL BALANCE - PUBLIC ASSISTANCE FUND

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


Cash Public Assistance #1 -

Cash Public Assistance #2 -

Total - -

(Do not crowd - add additional sheets)* To be prepared in compliance with Department of Human Services Municipal Audit Guide,

Public Welfare, General Assistance Program.


POST CLOSING TRIAL BALANCE - FEDERAL AND STATE GRANTS



Cash -

Federal and State Grants Receivable 65,102.86

Due from Current Fund 19,060.27

Appropriated Reserves for Federal and State Grants 84,163.13

Unappropriated Reserves for Federal and State Grants -

Total 84,163.13 84,163.13



POST CLOSING TRIAL BALANCE - TRUST FUNDS

(Assessment Section Must be Separately Stated) AS AT DECEMBER 31, 2012


Trust Assessment Fund

Cash -

Deferred Charges -

Assessment Bonds -

Assessment Notes -

Fund Balance -

Total Trust Assessment Fund - -

Animal Control Fund

Cash 631.19

Deferred Charges -

Due Current Fund 461.99

Reserve 169.20

Total Animal Control Fund 631.19 631.19


Sheet 6i Township of Mannington, Muni Code: 1705




Trust Other Fund

Cash 609,927.25

Deferred Charges -

Due to Current Fund 39,501.95

Reserve for:

Escrow Deposits/Performance Bonds 515,867.59

Unemployment 32,037.24

Tax Title Lien Redemption Premiums 5,075.00

Snow Removal 5,714.30

Veteran's Park 706.39

Accumulated Absences 10,006.59

Payroll Withholdings 1,018.19

Total Trust Other Fund 609,927.25 609,927.25


Sheet 6iii Township of Mannington, Muni Code: 1705




Municipal Open Space Trust Fund

Cash 17,380.07


Reserve 61,949.07

Total Municipal Open Space Trust Fund 61,949.07 61,949.07



Municipal Public Defender Expended Prior Year 2011: ……………………………….. (1) $x 25%

(2) $ -

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

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 publicdefender, the amount in excess of the amount expended shall be forwarded to the Criminal Disposition andReview Collection Fund administered by the Victims of Crime Compensation Board (P.O. Box 084, Trenton, N.J. 08625).

Amount in excess of the amount expended: 3 - (1 +2) = …………………………………………. $ NONE

The undersigned certifies that the municipality has compliedwith the regulations governing Municipal Public Defender as required under Public Law 1998, C. 256.


Signature:

Certificate #:

Date:

Marie Stout

N-0441

MUNICIPAL PUBLIC DEFENDERCERTIFICATION

Public Law 1998, C. 256

Sheet 6b Township of Mannington, Muni Code: 1705

AmountDec. 31, 2011 Balance

per Audit as atPurpose Report Receipts Disbursements Dec. 31, 2012

1. Escrow Deposits/Performance Bonds $ 150,675.00 $ 480,627.61 115,435.02 $ 515,867.59

2. Unemployment 35,920.00 5.50 3,888.26 32,037.24

3. Tax Title Lien Redemption Premiums 7,425.00 150.00 2,500.00 5,075.00

4. Snow Removal 711.00 5,003.30 - 5,714.30

5. Veteran's Park 704.00 2.39 - 706.39

6. Accumulated Absences 10,000.00 6.59 - 10,006.59

7. Payroll Withholdings - 330,858.90 329,840.71 1,018.19

8. -

9. -

10. -

11. -

12. -

13. -

14. -

15. -

16. -

17. -

18. -

19. -

20. -

21. -

22. -

23. -

24. -

25. -

26. -

27. -

28. -

29. -

30. -

Totals: $ 205,435.00 816,654.29 451,663.99 $ 570,425.30

Schedule of Trust Fund Reserves


Audit

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 XXXXX XXXXX XXXXX XXXXX XXXXX XXXXX

-

-

-

-

-

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

-

-

-

-

Other Liabilities -

Trust Surplus -

Less Assets "Unfinanced" XXXXX XXXXX XXXXX XXXXX XXXXX XXXXX XXXXX XXXXX

-

-

-

Total - - - - - - - -

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

RECEIPTS

Sheet 7


POST CLOSING



Est. Proceeds Bonds and Notes Authorized 50,000.00 XXXXXXXX

Bonds and Notes Authorized but Not Issued XXXXXXXX 50,000.00

Cash 59,349.12

Deferred Charges -


Deferred Charges to Future Taxation Unfunded 290,000.00

Reserve for:

Farmland Preservation 4,371.00

Demolition of Property 10,666.00

Purchase of Computer Equipment 6,470.00

Building Renovations 445.60

Acquisition of Snow Fence 437.00

General Capital Bonds -

Assessment Serial Bonds -

Bond Anticipation Notes 240,000.00

Assessment Notes -

Loans Payable -

Loans Payable -

Improvement Authorizations - Funded 15,402.61

Improvement Authorizations - Unfunded 100,000.00

Capital Improvement Fund 5,831.00

Down Payments on Improvements -

Capital Surplus -

Total 433,623.21 433,623.21


TRIAL BALANCE - GENERAL CAPITAL FUND


Cash Cash Book*On Hand On Deposit Balance

Current 2,061,566.48 2,053,829.03

Trust - Assessment -

Trust - Dog License 627.38 631.19

Trust - Other 611,810.04 609,927.25

Capital - General 109,299.12 59,349.12

Water - Operating Utility Operating -

Water - Capital Utility Capital -

Utility Operating -

Utility Capital -

Public Assistance #1** -

Public Assistance #2** -

Garbage District -

Federal and State Grant Fund -

Municipal Open Space Trust Fund 17,380.07 17,380.07

Assessment Trust -

Water Assessment Trust -

-

-

-

-

-

-

-

-

-

-

Total 2,800,683.09 2,741,116.66 * - 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 theapplicable bank statements, certificates, 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 havebeen 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 inthis certification. (THIS MUST BE SIGNED BY THE REGISTERED MUNICIPAL ACCOUNTANT (STATUTORY AUDITOR) ORCHIEF FINANCIAL OFFICER) depending on who prepared this Annual Financial Statement as certified to on Sheet 1 or 1(a).

Signature: Title:

CASH RECONCILIATION DECEMBER 31, 2012

300.02

3.81

8,037.47

1,882.79

303.83


Less ChecksOutstanding

59,870.26

49,950.00


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

Harvest Community Bank

Current Fund 1,214,228.10

Fulton Bank

Current Fund 847,338.38

Animal Control Fund 627.38

Accumulated Absences Account 10,006.59

Snow Removal Account 5,729.30

Veterans Memorial Account 706.39

Unemployment Account 32,298.83

Payroll Account 15,995.34

Tax Title Lien Premium Accout 5,075.00

Developers Escrow Accounts:

ACJM & M Enterprises 22,101.98

ACJM & M Site Improvement 418,903.89

CJS Solar 123.55

Cornerstone Equity Group LLC 4,947.59

D E Harris Services 4,253.97

The Four BS/NFI Real Estate 5,759.78

Planning Board Escrow 503.96

CJS Investments Inc -

Lincoln Renewable Energy 2,552.40

Sam Taylor Inspection 1,009.39

Sam Taylor Minning 3,174.65

Performance Bond ACJ-M&M 23,253.01

Performance Bond Four B 39,189.72

Performance Bond S. Taylor 16,224.70

Local Open Space Account 17,380.07

General Capital Fund 109,299.12

Total 2,800,683.09 Note: Sections N.J.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.


BalanceGrant Dec. 31, 2012

JIF Safety Reimbursement -

JIF Employee Safety Incentive -

Clean Communities 157.06

Planning Assistance Grant 20,000.00

Smart Growth Planning Grant 5,250.00

Smart Future Planning Grant 84.00

Alcohol Education and Rehabilitation Fund -

Municipal Alliance 9,611.80

Septic Area Zoning Grant 30,000.00

-

-

-

-

-

-

-

-

-

-

Totals 65,102.86

20,000.00

5,250.00

84.00

Realized

ReceivedBalanceJan. 1, 2012

2012 BudgetRevenue

34,860.00

750.00

1,755.00

7,072.00

1,079.26

3,843.00 9,526.00 3,757.20

44,499.26

30,000.00

14,256.40 - -

MUNICIPALITIES AND COUNTIES FEDERAL AND STATE GRANTS RECEIVABLE

Sheet 10

750.00

1,755.00

6,914.94

1,079.26

Sheet 11

SCHEDULE OF APPROPRIATED RESERVES FOR FEDERAL AND STATE GRANTS


JIF Safety Reimbursement 2,443.10

JIF Employee Safety Incentive 713.85

Farmland Preservation 200.00

Clean Communities 7,956.90

Stormwater Grant 1,467.00

Municipal Court Alcohol Education & Rehab 11,440.26

State Police SLA HEOP 3,131.00

Planning Assistance Grant 16,431.00

Smart Future Planning Grant 10,155.00

Municipal Alliance 12,582.32

Septic Area Zoning Grant 17,642.70

-

-

-

-

-

Total 84,163.13

BalanceJan. 1, 2012

Transferred from 2012 Budget Appropriations

Budget AppropriationBy 40A:4-87

Expended

13,061.00

3,131.00

16,431.00

10,155.00

11,902.00

2,194.00

-

200.00

9,877.00

1,755.00 1,041.15

8,992.10

68,418.00

750.00 500.90

-

1,467.00

7,072.00

1,079.26 2,700.00

4,804.00 4,123.68

-

Sheet 11

41,876.00 3,584.26 - 29,715.13 -

30,000.00 12,357.30


SCHEDULE OF UNAPPROPRIATED RESERVES FOR FEDERAL AND STATE GRANTS


-

JIF Safety Reimbursement -

JIF Employee Safety Incentive -

Municipal Court Alcohol Education & Rehab -

-

-

-

-

-

-

-

-

-

-

-

-

Totals -

Transferred from 2012Balance Budget Appropriations

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

Receipts

-

750.00 750.00

1,079.26 1,079.26

1,755.00 1,755.00

- 3,584.26 3,584.26 - - -

Sheet 12


*LOCAL DISTRICT SCHOOL TAX

Debit Credit

Balance January 1, 2012 XXXXXXXX XXXXXXXX

School Tax Payable # 85001-00 XXXXXXXX 577,520.00 School Tax Deferred(Not in excess of 50% of Levy - 2011 - 2012) 85002-00 XXXXXXXX 400,000.00

Levy School Year July 1, 2012 - June 30, 2013 XXXXXXXX 2,491,085.00

Levy Calendar Year 2012 XXXXXXXX

Paid 2,472,171.00 XXXXXXXX

Balance December 31, 2012 XXXXXXXX XXXXXXXX

School Tax Payable # 85003-00 596,434.00 XXXXXXXXSchool Tax Deferred(Not in excess of 50% of Levy - 2012 - 2013) 85004-00 400,000.00 XXXXXXXX

* Not including Type 1 school debt service, emergency authorizations-schools, transfer to 3,468,605.00 3,468,605.00 Board of Education for use of local schools

# Must include unpaid requisitions

MUNICIPAL OPEN SPACE TAX

Debit Credit

Balance January 1, 2012 85045-00 XXXXXXXX

2012 Levy 85105-00 XXXXXXXX 44,569.00

Added and Omitted Levy XXXXXXXX

XXXXXXXX

Paid 44,569.00 XXXXXXXX

Balance December 31, 2012 85046-00 - XXXXXXXX

44,569.00 44,569.00


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

Debit Credit


School Tax Payable # 85031-00 XXXXXXXXSchool Tax Deferred(Not in excess of 50% of Levy - 2011 - 2012) 85032-00 XXXXXXXX

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


Paid XXXXXXXX


School Tax Payable # 85033-00 - XXXXXXXXSchool Tax Deferred(Not in excess of 50% of Levy - 2012 - 2013) 85034-00 - XXXXXXXX

# Must include unpaid requisitions - -

REGIONAL HIGH SCHOOL TAX

Debit Credit


School Tax Payable # 85041-00 XXXXXXXXSchool Tax Deferred(Not in excess of 50% of Levy - 2011 - 2012) 85042-00 XXXXXXXX

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


Paid XXXXXXXX


School Tax Payable # 85043-00 - XXXXXXXXSchool Tax Deferred(Not in excess of 50% of Levy - 2012 - 2013) 85044-00 - XXXXXXXX

# Must include unpaid requisitions - -


COUNTY TAXES PAYABLE

Debit Credit


County Taxes 80003-01 XXXXXXXX

Due County for Added and Omitted Taxes 80003-02 XXXXXXXX 27,941.23

2012 Levy XXXXXXXX XXXXXXXX

General County 80003-03 XXXXXXXX 2,118,463.09

County Library 80003-04 XXXXXXXX

County Health XXXXXXXX

County Open Space Preservation XXXXXXXX 46,077.59

Due County for Added and Omitted Taxes 80003-05 XXXXXXXX 5,347.04

Paid 2,197,828.95 XXXXXXXX


County Taxes - XXXXXXXX

Due County for Added and Omitted Taxes - XXXXXXXX

2,197,828.95 2,197,828.95

SPECIAL DISTRICT TAXES

Debit Credit


2012 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

XXXXXXXX XXXXXXXX

Total 2012 Levy 80003-07 XXXXXXXX -

Paid 80003-08 XXXXXXXX

Balance December 31, 2012 80003-09 -

- - Footnote: Please state the number of districts in each instance


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

Debit Credit

Balance January 1, 2012 80004-01

State Library Aid Received in 2012 80004-02

Expended 80004-09

Balance December 31, 2012 80004-10

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



Expended 80004-11


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



Expended 80004-13


RESERVE FOR LIBRARY SERVICES WITH FEDERAL AID



Expended 80004-15


-

XXXXXXXX

XXXXXXXX

XXXXXXXX

- -

XXXXXXXX

XXXXXXXX

XXXXXXXX

XXXXXXXX

XXXXXXXX

-

- -

XXXXXXXX

XXXXXXXX

XXXXXXXX

- -

XXXXXXXX

-

-

- -


STATEMENT OF GENERAL BUDGET REVENUES 2012

Source Budget Realized Excess or Deficit*-01 -02 -03

Surplus Anticipated 80101- - Surplus Anticipated with Prior Written Consent ofDirector of Local Government 80102- -

Miscellaneous Revenue Anticipated: XXXXXXXXX

Adopted Budget (16,756.90)

Added by N.J.S. 40A:4-87: (List on 17a) XXXXXXXXX

-

-

Total Miscellaneous Revenue Anticipated 80103- (16,756.90)

Receipts from Delinquent Taxes 80104- 42,460.51

-

Amount to be Raised by Taxation: XXXXXXXXX

(a) Local Tax for Municipal Purposes 80105- XXXXXXXXX

(b) Addition to Local District School Tax 80106- XXXXXXXXX

Total Amount to be Raised by Taxation 80107- 49,229.20

74,932.81

ALLOCATION OF CURRENT TAX COLLECTIONS

Debit Credit

Current Taxes Realized in Cash (Total of Item 10 or 14 on Sheet 22) 80108-00 5,154,212.92

Amount to be Raised by Taxation XXXXXXXXX

Local District School Tax 80109-00 XXXXXXXXX

Regional School Tax 80119-00 XXXXXXXXX

Regional High School Tax 80110-00 XXXXXXXXX

County Taxes 80111-00 XXXXXXXXX

Due County for Added and Omitted Taxes 80112-00 XXXXXXXXX

Special District Taxes 80113-00 XXXXXXXXX

Municipal Open Space Tax 80120-00 XXXXXXXXX

Reserve for Uncollected Taxes 80114-00 220,379.00

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

Balance for Support of Municipal Budget (or) 80116-00 XXXXXXXXX

*Excess Non-Budget Revenue (see footnote) 80117-00 XXXXXXXXX

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

* These items are applicable only when there is no "Amount to be Raised by Taxation" in the "Budget" 5,374,591.92 column of the statement at the top of this sheet. In such instances, any excess or deficit in the aboveallocation would apply to "Non-Budget Revenue" only.

392,217.26

167,000.00 167,000.00

XXXXXXXX

388,633.00

XXXXXXXX

3,584.26

1,274,038.26

XXXXXXXX

371,876.10

XXXXXXXX

3,584.26

375,460.36

137,460.51

XXXXXXXX

95,000.00

XXXXXXXX

619,821.00

619,821.00

XXXXXXXX

XXXXXXXX

2,491,085.00

XXXXXXXX

XXXXXXXX

669,050.20

1,348,971.07

5,374,591.92

-

-

2,164,540.68

5,347.04

-

44,569.00

XXXXXXXX

XXXXXXXX

669,050.20

XXXXXXXX


STATEMENT OF GENERAL BUDGET REVENUES 2012(Continued)

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

Source Budget Realized Excess or Deficit

JIF Employee Safety Incentive 1,755.00 1,755.00 -

Alcohol Education Rehab Fund 1,079.26 1,079.26 -

JIF Optional Safety Grant 750.00 750.00 -

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total (Sheet 17) 3,584.26 3,584.26 -

CFO Signature:______________________________________________________________________

I hereby certify that the above list of Chapter 159 insertions of revenue have been realized in cash or I have received written notification of the award of public or private revenue. These insertions meet the statutory requirements of N.J.S.A. 40A:4-87 and matching funds have been provided if applicable.


STATEMENT OF GENERAL BUDGET APPROPRIATIONS 2012

2012 Budget as Adopted 80012-01 1,270,454.00

2012 Budget - Added by N.J.S. 40A:4-87 80012-02 3,584.26

Appropriated for 2012 (Budget Statement Item 9) 80012-03 1,274,038.26

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

Total General Appropriations (Budget Statement Item 9) 80012-05 1,274,038.26

Add: Overexpenditures (see footnote) 80012-06

Total Appropriations and Overexpenditures 80012-07 1,274,038.26

Deduct Expenditures:

Paid or Charged [Budget Statement Item (L)] 80012-08 914,116.47

Paid or Charged - Reserve for Uncollected Taxes 80012-09 220,379.00

Reserved 80012-10 139,542.79

Total Expenditures 80012-11 1,274,038.26

Unexpended Balances Canceled (see footnote) 80012-12 -

FOOTNOTES - RE: OVEREXPENDITURESEvery appropriation overexpended in the budget document must be marked with an * and must agree in the aggregate with this item.RE: UNEXPENDED BALANCES CANCELED:Are not to be shown as "Paid or Charged" in the budget document. In all instances "Total Appropriations" and "Overexpenditures"

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

SCHEDULE OF EMERGENCY APPROPRIATIONS FOR LOCAL DISTRICT SCHOOL PURPOSES

(EXCEPT FOR TYPE I SCHOOL DEBT SERVICE)

2012 Authorizations XXXXXXXX

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

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

Total Authorizations XXXXXXXX -

Deduct Expenditures: XXXXXXXX

Paid or Charged

Reserved

Total Expenditures -


RESULTS OF 2012 OPERATION

CURRENT FUND

Debit Credit

Excess of Anticipated Revenues: XXXXXXXX XXXXXXXX

Miscellaneous Revenues Anticipated 80013-01 XXXXXXXX

Delinquent Tax Collections 80013-02 XXXXXXXX 42,460.51

XXXXXXXX

Required Collection of Current Taxes 80013-03 XXXXXXXX 49,229.20

Unexpended Balances of 2012 Budget Appropriations 80013-04 XXXXXXXX -

Miscellaneous Revenue Not Anticipated 81113- XXXXXXXX 93,956.80 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 of 2011 Appropriation Reserves 80013-05 XXXXXXXX 67,952.91

Prior Years Interfunds Returned in 2012 80013-06 XXXXXXXX 26,146.00

Cancellation of Prior Year Liability XXXXXXXX 0.42

XXXXXXXX

XXXXXXXX

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

Balance January 1, 2012 80013-07 400,000.00 XXXXXXXX

Balance December 31, 2012 80013-08 XXXXXXXX 400,000.00

Deficit in Anticipated Revenues: XXXXXXXX XXXXXXXX

Miscellaneous Revenues Anticipated 80013-09 16,756.90 XXXXXXXX

Delinquent Tax Collections 80013-10 XXXXXXXX

XXXXXXXX

Required Collection of Current Taxes 80013-11 XXXXXXXX

Interfund Advances Originating in 2012 80013-12 XXXXXXXX

Prior Year Sen Cit & Vet Deduction Disallowed 1,250.00 XXXXXXXX

XXXXXXXX

XXXXXXXX

XXXXXXXX

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

Surplus Balance - To Surplus (Sheet 21) 80013-14 261,738.94 XXXXXXXX

679,745.84 679,745.84


SCHEDULE OF MISCELLANEOUS REVENUES NOT ANTICIPATED

Source Amount Realized

Senior Citizens' and Veterans' Deductions Admin. Fee 471.02

JIF Incentive 374.44

Tax Searches 300.00

Land Ordinance 30.00

Registrar 33,374.29

Planning Board Applications 1,000.00

Street Openings 750.00

Zoning Permits 850.00

Property Lists 50.00

Trash Can Purchase 1,050.00

Miscellaneous 87.16

Matching Funds for MAPSA Grant 961.00

Reimbursement from County/Election Costs 1,650.00

Comcast Franchise Fees 2,729.64

Copies 2.55

Housing C/O 375.00

Land Development Booklet 30.00

Bulk Trash Pick Up 28.00

Vendor Over Payment 278.55

White Goods 50.00

Copies 11.50

FEMA Reimbursement 41,979.04

Proceeds from Sale of Municipal Assets 6,352.91

County Reimbursement - Emergency Management Meeting 35.79

Tax Title Lien Premium received from Collector 1,110.00

Interest on Investments and Deposits - General Capital Fund 25.91

Total Amount of Miscellaneous Revenues Not Anticipated (Sheet 19) 93,956.80


SURPLUS - CURRENT FUND YEAR 2012

Debit Credit

1. Balance January 1, 2012 80014-01 XXXXXXXX 901,928.00

2. XXXXXXXX

3. Excess Resulting from 2012 Operations 80014-02 XXXXXXXX 261,738.94

4. Amount Appropriated in the 2012 Budget - Cash 80014-03 167,000.00 XXXXXXXX5. Amount Appropriated in the 2012 Budget - with Prior Writ-

ten Consent of Director of Local Government Services 80014-04 - XXXXXXXX

6. XXXXXXXX

7. Balance December 31, 2012 80014-05 996,666.94 XXXXXXXX

1,163,666.94 1,163,666.94

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

Cash 80014-06 2,053,829.03

Investments 80014-07 -

Sub Total 2,053,829.03

Deduct Cash Liabilities Marked with "C" on Trial Balance 80014-08 1,057,162.09

Cash Surplus 80014-09 996,666.94

Deficit in Cash Surplus 80014-10

Other Assets Pledged to Surplus: *(1) Due from State of N.J. Senior

Citizens and Veterans Deduction 80014-16

Deferred Charges # 80014-12 -

Cash Deficit # 80014-13

Total Other Assets 80014-14 -

* IN THE CASE OF A "DEFICIT IN CASH SURPLUS", "OTHER ASSETS 80014-15 996,666.94 WOULD ALSO BE PLEDGED TO CASH LIABILITIES.

# MAY NOT BE ANTICIPATED AS NON-CASH SURPLUS IN 2013 BUDGET.(1) MAY BE ALLOWED UNDER CERTAIN CONDITIONS.NOTE: Deferred charges for authorizations under N.J.S. 40A:4-55 (Tax Map, etc.), N.J.S. 40A:4-55 (Flood Damage, etc.), N.J.S.40A:4-55.1 (Roads and Bridges, etc.) and N.J.S. 40A:4-55.13 (Public Exigencies, etc.) to the extent of emergency notes issuedand outstanding for such purposes, together with such emergency notes, may be omitted from this analysis.


(FOR MUNICIPALITIES ONLY) CURRENT TAXES - 2012 LEVY

1. Amount of Levy as per Duplicate (Analysis) # 82101-00 5,320,015.68$ or

(Abstract of Ratables) 82113-00

2. Amount of Levy Special District Taxes 82102-00

3. Amount Levied for Omitted Taxes underN.J.S.A. 54:4-63.12 et. seq. 82103-00

4. Amount Levied for Added Taxes under 82104-00 13,271.33 N.J.S.A. 54:4-63.1 et. seq.

5a. Subtotal 2012 Levy 5,333,287.01 5b. Reductions due to tax appeals **5c. Total 2012 Tax Levy 82106-00 5,333,287.01

6 Transferred to Tax Title Liens 82107-00 26,551.55

7. Transferred to Foreclosed Property 82108-00

8. Remitted, Abated or Canceled 82109-00 15,667.60

9. Discount Allowed 82110-00

10. Collected in Cash: In 2011 82121-00 74,194.35

In 2012 * 82122-00 5,057,967.13

R.E.A.P. Revenue 82124-00

State's Share of 2012 Senior Citizens and Veterans Deductions Allowed 82123-00 22,051.44

Total to Line 14 82111-00 5,154,212.92

11. Total Credits 5,196,432.07

12. Amount Outstanding December 31, 2012 83120-00 136,854.94

13. Percentage of Cash Collections to Total 2012 Levy,(Item 10 divided by Item 5c) is 96.64%

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 5,154,212.92 Less: Reserve for Tax Appeals Pending State Division of Tax Appeals -

To Current Taxes Realized in Cash (Sheet 17) 5,154,212.92

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 tobe shown as Item 13 is 69.99% and not 70.00%, nor 69.999%

# Note: On Item 1 if Duplicate (Analysis) Figure is used; be sure to includeSenior Citizens and Veterans Deductions.

* Include overpayments applied as part of 2012 collections.** 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. (N.J.S.A. 40A:4-41)

mailto:+H24+@sum(J15:J18)




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

Debit Credit

1. Balance January 1, 2012 XXXXXXXX XXXXXXXX

Due From State of New Jersey XXXXXXXX

Due To State of New Jersey XXXXXXXX 310.00

2. Sr. Citizens Deductions Per Tax Billings 6,750.00 XXXXXXXX

3. Veterans Deductions Per Tax Billings 18,750.00 XXXXXXXX

4. Sr. Citizens Deductions Allowed By Tax Collector - XXXXXXXX

5.

6.

7. Sr. Citizens Deductions Disallowed By Tax Collector XXXXXXXX 3,448.56

8. Sr. Citizens Deductions Disallowed By Tax Collector 2011 Taxes XXXXXXXX 1,250.00

9. Received in Cash from State XXXXXXXX 23,551.44

10.

11.

12. Balance December 31, 2012 XXXXXXXX XXXXXXXX

Due From State of New Jersey XXXXXXXX

Due To State of New Jersey 3,060.00 XXXXXXXX

28,560.00 28,560.00

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

Line 2 6,750.00

Line 3 18,750.00

Line 4 -

Sub-Total 25,500.00

Less: Line 7 3,448.56

To Item 10, Sheet 22 22,051.44


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

Debit Credit

Balance January 1, 2012 XXXXXXXX -

Taxes Pending Appeals XXXXXXXX XXXXXXXX

Interest Earned on Taxes Pending Appeals XXXXXXXX XXXXXXXXContested Amount of 2012 Taxes Collected whichare Pending State Appeal (Item 14, Sheet 22) XXXXXXXX

Interest Earned on Taxes Pending State Appeals XXXXXXXX

Cash Paid to Appellants (Including 5% Interest from Date of Payment) XXXXXXXXClosed to Results of Operations(Portion of Appeal won by Municipality, including Interest) XXXXXXXX

Balance December 31, 2012 - XXXXXXXX

Taxes Pending Appeals* - XXXXXXXX XXXXXXXX

Interest Earned on Taxes Pending Appeals - XXXXXXXX XXXXXXXX

* Includes State Tax Court and County Board of Taxation - - Appeals Not Adjusted by December 31, 2012

Signature of Tax Collector

License # Date


COMPUTATION OF APPROPRIATION: RESERVE FOR UNCOLLECTED TAXES AND

AMOUNT TO BE RAISED BY TAXATION IN 2013 MUNICIPAL BUDGET

1. Total General Appropriations for 2013 Municipal Budget StatementItem 8 (L) (Exclusive of Reserve for Uncollected Taxes 80015-

2. Local District School Tax - Actual 80016-

Estimate** 80017-

3. Regional School District Tax - Actual 80025-

Estimate* 80026-

4. Regional High School Tax - Actual 80018-

School Budget Estimate* 80019-

5. County Tax Actual 80020-

Estimate* 80021-

6. Special District Taxes Actual 80022-

Estimate* 80023-

7. Municipal Open Space Tax Actual 80027-

Estimate* 80028-

8. Total General Appropriations & Other Taxes 80024-019. Less: Total Anticipated Revenues from 2013 in

Municipal Budget (Item 5) 80024-0210. Cash Required from 2013 Taxes to Support

Local Municipal Budget and Other Taxes 80024-0311. Amount of item 10 Divided by [820034-04]

Equals Amount to be Raised by Taxation (Percentageused must not exceed the applicable percentageshown by Item 13, Sheet 22) 80024-05

Analysis of Item 11: Local District School Tax * Must not be stated in an amount less than (Amount Shown on Line 2 Above) ''actual'' Tax of year 2012. Regional School District Tax (Amount Shown on Line 3 Above) ** May not be stated in an amount less than Regional High School Tax proposed budget submitted by the Local (Amount Shown on Line 4 Above) Board of Education to the Commissioner County Tax of Education on January 15, 2012 (Chap. (Amount Shown on Line 5 Above) 136, P.L. 1978). Consideration must be Special District Tax given to calendar year calculation. (Amount Shown on Line 6 Above) Municipal Open Space Tax (Amount Shown on Line 7 Above)

Tax in Local Municipal Budget

Total Amount (see Line 11)12. Appropriation: Reserve for Uncollected Taxes (Budget

Statement, Item 8 (M) (Item 11, Less Item 10) 80024-06Computation of "Tax in Local Municipal Budget" Note: Item 1 - Total General Appropriations The amount of

anticipated rev- Item 12 - Appropriation: Reserve for Uncollected Taxes enues (Item 9)

may never exceedSub-Total the total of Items 1

and 12. Less: Item 9 - Total Anticipated Revenues

Amount to be Raised by Taxation in Municipal Budget 80024-07

-

-

-

-

-

-

-

-

XXXXXXXX

-

44,569.00

XXXXXXXX

XXXXXXXX

XXXXXXXX

XXXXXXXX

XXXXXXXX

XXXXXXXX

2,491,085.00

-

-

2,164,540.68

-

-

YEAR 2013 YEAR 2012


SCHEDULE OF DELINQUENT TAXES AND TAX TITLE LIENS

Debit Credit

1. Balance January 1, 2012 259,119.65 XXXXXXXX

A. Taxes 83102-00 137,028.65 XXXXXXXX XXXXXXXX

B. Tax Title Liens 83103-00 122,091.00 XXXXXXXX XXXXXXXX

2. Canceled: XXXXXXXX XXXXXXXX

A. Taxes 83105-00 XXXXXXXX

B. Tax Title Liens 83106-00 XXXXXXXX

3. Transferred to Foreclosed Tax Title Liens: XXXXXXXX XXXXXXXX

A. Taxes 83108-00 XXXXXXXX

B. Tax Title Liens 83109-00 XXXXXXXX

4. Added Taxes 83110-00 1,250.00 XXXXXXXX

5. Added Tax Title Liens 83111-00 XXXXXXXX6. Adjustment between Taxes (Other than current year) XXXXXXXX XXXXXXXX

and Tax Title Liens: XXXXXXXX XXXXXXXX

A. Taxes - Transfers to Tax Title Liens 83104-00 XXXXXXXX 5,800.75

B. Tax Title Liens - Transfers from Taxes 83107-00 5,800.75 XXXXXXXX

7. Balance Before Cash Payments XXXXXXXX 260,369.65

8. Totals 266,170.40 266,170.40

9. Balance Brought Down 260,369.65 XXXXXXXX

10. Collected: XXXXXXXX 137,460.51



11. Interest and Costs - 2012 Tax Sale 83118-00 1,364.08 XXXXXXXX

12. 2012 Taxes Transferred to Liens 83119-00 26,551.55 XXXXXXXX

13. 2012 Taxes 83123-00 136,854.94 XXXXXXXX

14. Balance December 31, 2012 XXXXXXXX 287,679.71



15. Totals 425,140.22 425,140.22

16. Percentage of Cash Collections to Adjusted Amount Outstanding(Item No. 10 divided by Item No. 9) is 52.79%

17. Item No. 14 multiplied by percentage shown above is 151,878.68 and represents themaximum amount that may be anticipated in 2013. 83125-00

(See Note A on Sheet 22 - Current Taxes)

(1) These amounts will always be the same.


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

Debit Credit

1. Balance January 1, 2012 84101-00 439,050.00 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, 2012 84114-00 XXXXXXXX 439,050.00

439,050.00 439,050.00

CONTRACT SALES

Debit Credit

15. Balance January 1, 2012 84115-00 XXXXXXXX

16. 2012 Sales from Foreclosed Property 84116-00 XXXXXXXX

17. Collected * 84117-00 XXXXXXXX

18. 84118-00 XXXXXXXX

19. Balance December 31, 2012 84119-00 XXXXXXXX -

- -

MORTGAGE SALES

Debit Credit

20. Balance January 1, 2012 84120-00 XXXXXXXX

21. 2012 Sales from Foreclosed Property 84121-00 XXXXXXXX

22. Collected * 84122-00 XXXXXXXX

23. 84123-00 XXXXXXXX

24. Balance December 31, 2012 84124-00 XXXXXXXX -

Analysis of Sale of Property: $ - - - * Total Cash Collected in 2012 (84125-00)

Realized in 2012 Budget -

To Results of Operation (Sheet 19) -


DEFERRED CHARGES - MANDATORY CHARGES ONLY -

CURRENT, TRUST, AND GENERAL CAPITAL FUNDS (Do not include the emergency authorizations pursuant to N.J.S. 40A:4-55,

N.J.S. 40A:4-55.1 or N.J.S. 40A:4-55.13 listed on Sheets 29 and 30.)

AmountCaused By Dec. 31, 2011 Amount in Amount Balance

per Audit 2012 Resulting as atReport Budget from 2012 Dec. 31, 2012

1. Emergency Authorization - Municipal* $ $ $ $ -

2. Emergency Authorizations -Schools $ $ $ $ -

3. Deficit from Operations $ $ $ $ -

4. Overexpenditures $ 3,754.00 $ 3,754.00 $ $ -

Sub-total Current Fund $ 3,754.00 $ 3,754.00 $ - $ -

5. Capital - $ $ $ $ -

6. Trust Assessment $ $ $ $ -

7. Animal Control Fund $ $ $ $ -

8. Trust Other $ $ $ $ -

9. $ $ $ $ -

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

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

1. $

2. $

3. $

4. $

5. $

JUDGEMENTS ENTERED AGAINST MUNICIPALITY AND NOT SATISFIEDAppropriated for

in Budget ofIn Favor of On Account of Date Entered Amount Year 2013

1. $

2. $

3. $

4. $


N.J.S. 40A:4-53 SPECIAL EMERGENCY - TAX MAP; REVALUATION; MASTER PLAN; REVISION AND CODIFICATION OF ORDINANCES; DRAINAGE MAPSFOR FLOOD CONTROL; PRELIMINARY ENGINEERING STUDIES, ETC. FOR SANITARY SEWER SYSTEM; MUNICI-PAL CONSOLIDATION ACT; FLOOD OR HURRICANE DAMAGE.

DateBalance

Dec. 31, 2012

3/1/07 Codification of Ordinance -

-

-

-

-

-

-

-

-

-

-

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. andare 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.

Dec. 31, 2011Balance

Purpose Not Less Than1/5 of AmountAuthorized*

AmountAuthorized

REDUCED IN 2012

By 2012Budget

Canceledby Resolution

25,000.00

5,000.00 25,000.00

5,000.00

5,000.00 5,000.00

Sheet 29

- 5,000.00 5,000.00


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

DateBalance

Dec. 31, 2012

-

-

-

-

-

-

-

-

-

-

-

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 N.J.S. 40A:4-55.1 et seq. and N.J.S.A. 40A:4-55.13 et seqare 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.

Not Less Than

Budget by ResolutionAuthorized* Dec. 31, 2011 By 2012 Canceled

REDUCED IN 20121/3 of Amount BalanceAuthorized

Purpose Amount

- - -

Sheet 30

- -


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

MUNICIPAL GENERAL CAPITAL BONDS

Debit

Outstanding January 1, 2012 80033-01 XXXXXXXX

Issued 80033-02 XXXXXXXX

Paid 80033-03

Outstanding December 31, 2012 80033-04 -

- 2013 Bond Maturities - General Capital Bonds 80033-05 $

2013 Interest on Bonds * 80033-06 ASSESSMENT SERIAL BONDS



Paid 80033-09


-

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

2013 Maturity Date of InterestIssue Rate

Total - 80033-14 80033-15

-

Purpose Amount Issued

2013 DebtService

Credit

-

XXXXXXXX

XXXXXXXX

XXXXXXXX

-

XXXXXXXX

-


SCHEDULE OF LOANS ISSUED AND OUTSTANDINGAND 2013 DEBT SERVICE FOR LOANS

MUNICIPAL LOAN

Debit



Paid 80033-03


- 2013 Loan Maturities 80033-05 $

2013 Interest on Loans 80033-06 $

Total 2013 Debt Service for Loan 80033-13 $

LOAN



Paid 80033-09


-

2013 Loan Maturities 80033-11 $

2013 Interest on Loans 80033-12 $

Total 2013 Debt Service for Loan 80033-13 $

LIST OF LOANS ISSUED DURING 2012

2013 Maturity Date of InterestIssue Rate

Total - 80033-14 80033-15

-

Purpose Amount Issued

2013 DebtCreditService

-

-

XXXXXXXX

XXXXXXXX

XXXXXXXX

XXXXXXXX

-

-


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

TYPE I SCHOOL TERM BONDS

Outstanding January 1, 2012 80034-01

Paid 80034-02

Outstanding December 31, 2012 80034-03

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

TYPE I SCHOOL SERIAL BOND

Outstanding January 1, 2012 80034-06

Issued 80034-07

Paid 80034-08

Outstanding December 31, 2012 80034-09

2013 Interest on Bonds * 80034-10 $

2013 Bond Maturities - Serial Bonds 80034-11 $

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

Date of Interest-01 -02 Issue Rate

Total 80035-

OutstandingDec. 31, 2012

1. Emergency Notes 80036- $ $

2. Special Emergency Notes 80037- $ $

3. Tax Anticipation Notes 80038- $ $

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

5. $ $

6. $ $

-

2013 INTEREST REQUIREMENT - CURRENT FUND DEBT ONLY

2013 DebtService

Debit Credit

LIST OF BONDS ISSUED DURING 2012Purpose 2013 Maturity Amount Issued

XXXXXXXX

-

- -

XXXXXXXX

XXXXXXXX

XXXXXXXX

XXXXXXXX

-

-

XXXXXXXX

XXXXXXXX

-

- -

2013 InterestRequirement


Amount Date Rate Interestof Note of of Computed to

Outstanding Maturity Interest (Insert Date)Dec. 31, 2012

1. Ord No. 05-08 Acquistion of Farmland

2. Preservation Easement 240,000.00 12/20/2013 0.95% 12/20/2013

3.

4.

5.

6.

7.

8.

9.

10.

11.

12.

13.

14.

Total 240,000.00 Memo: Designate all "Capital Notes" issued under N.J.S. 40A:2-8(b) with "C". Such notes must be retired at the rate of 20% of the original amount issued annually. 80051-01 80051-02Memo: Type I School Notes should be separately listed and totaled.Memo: Refunding Bond Anticipation Notes should be separately listed and totaled.* " Original Date of Issue" refers to the date when the first money was borrowed for a particular improvement, not the renewal date of subsequent notes which were issued.

All notes with an original date of issue of 2010 or prior require one legally payable installment to be budgeted if it is contemplated that such notes will be renewed in 2013 orwritten 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. (Do not crowd - add additional sheets)

40,000.00

DEBT SERVICE FOR NOTES (OTHER THAN ASSESSMENT NOTES)

2013 Budget Requirement

For Principal For Interest**

OriginalDate ofIssue*

Title or Purpose of Issue AmountIssued

400,000.00

Original

2,280.00

40,000.00 2,280.00

12/23/2008

Sheet 33

400,000.00


Amount Date Rate Interestof Note of of Computed to

Outstanding Maturity Interest (Insert Date)Dec. 31, 2012

1.

2.

3.

4.

5.

6.

7.

8.

9.

10.

11.

12.

13.

14.

Total - MEMO: *See Sheet 33 for clarification of "Original Date of Issue" 80051-01 80051-02

Assessment Notes with an original date of issue of December 31, 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".


DEBT SERVICE SCHEDULE FOR ASSESSMENT NOTES

For Interest**

Issued Issue* For Principal

2013 Budget RequirementTitle or Purpose of Issue Amount

OriginalOriginalDate of

Sheet 34

- - -


Leases approved by LFB after July 1, 2007

1

2.

3.

4.

5.

Sub-total

Leases approved by LFB prior to July 1, 2007

1

2.

3.

4.

5.

Sub-total

Total80051-01 80051-02


For Principal For Interest/Fees

SCHEDULE OF CAPITAL LEASE PROGRAM OBLIGATIONS

PurposeAmount

of Obligation2013 Budget Requirement

OutstandingDec. 31, 2012

-

Sheet 34a

- -


SCHEDULE OF IMPROVEMENT AUTHORIZATIONS (GENERAL CAPITAL FUND)

IMPROVEMENTSSpecify each authorization by purpose. Do

not merely designate by a code number. Funded Unfunded

Farmland Preservation Program 10,000.00

Purchase of Trash Cans for Automated Trash Sy

Acquisition of Farmland Preservation Easement 100,000.00

Road Improvement Program 509.00

Acquisition of Real Estate - Block 62, Lot 3 (par 310.00

Purchase of Road Maintenance Truck

Road Improvement Program

Road Maintenance and Repair Program 4,533.61

Purchase of a Loader Backhoe 50.00

15,402.61 100,000.00 Place an * before each item of "Improvement" which represents a funding or refunding of an emergency authorization

10,000.00

49.00

509.00

310.00

15,400.00

Balance - December 31, 2012Expended Authorizations

Canceled

Balance - January 1, 2012

Funded Unfunded2012

Authorizations

4,145.00

100,000.00

49.00

50,000.00 49,950.00

15,400.00

4,145.00

19,594.00

Sheet 35

100,000.00 156,000.00 - 151,416.39 30,413.00

106,000.00 101,466.39


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

IMPROVEMENTSSpecify each authorization by purpose. Do

not merely designate by a code number. Funded Unfunded

Totals from Sheet 35 15,402.61 100,000.00

Total 70000- 15,402.61 100,000.00 Place an * before each item of "Improvement" which represents a funding or refunding of an emergency authorization

Funded Unfunded Authorizations Canceled

Balance - January 1, 2012 Balance - December 31, 20122012 Expended Authorizations

30,413.00 156,000.00 - 151,416.39 19,594.00 100,000.00

19,594.00

Sheet 35a

100,000.00 156,000.00 - 151,416.39 30,413.00


Debit


Received from 2012 Budget Appropriation * 80031-02 XXXXXXXX

XXXXXXXXImprovement Authorizations Canceled

(financed in whole by the Capital Improvement Fund) 80031-03 XXXXXXXX

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

Appropriated to Finance Improvement Authorizations 80031-04 156,000.00

Balance December 31, 2012 80031-05 5,831.00

161,831.00

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

XXXXXXXX

XXXXXXXX

XXXXXXXX

SCHEDULE OF CAPITAL IMPROVEMENT FUND

19,594.00

XXXXXXXX

XXXXXXXX

XXXXXXXX

XXXXXXXX

GENERAL CAPITAL FUND

Credit

62,237.00

80,000.00

XXXXXXXX

XXXXXXXX

XXXXXXXX

161,831.00

XXXXXXXX

XXXXXXXX

XXXXXXXX

XXXXXXXX

XXXXXXXX

XXXXXXXX

XXXXXXXX


Debit


Received from 2012 Budget Appropriation * 80030-02 XXXXXXXX

Received from 2012 Emergency Appropriation * 80030-03 XXXXXXXX

Appropriated to Finance Improvement Authorizations 80030-04


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

Down PaymentProvided byOrdinance

Road Maintenance and Repair Prog 106,000.00

Purchase of a Loader Backhoe 50,000.00

Total 80032-00 156,000.00

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.

GENERAL CAPITAL FUNDSCHEDULE OF DOWN PAYMENTS ON IMPROVEMENTS

Credit

Payment in Budgetof 2012 or Prior

Amount of DownPurpose Total

Obligations

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

GENERAL CAPITAL FUND ONLY

Amount

106,000.00

50,000.00

Authorized

-

XXXXXXXX

XXXXXXXX

Appropriated

XXXXXXXX

Years

156,000.00

-

-

- 156,000.00

106,000.00

50,000.00


Debit


Premium on Sale of Bonds XXXXXXXX

Funded Improvement Authorizations Canceled XXXXXXXX

Appropriated to Finance Improvement Authorizations 80029-02

Appropriated to 2012 Budget Revenue 80029-03


-

BONDS ISSUED WITH A COVENANT OR COVENANTS

1. Amount of Serial Bonds Issued Under Provisions of Chapter 233,P.L. 1944, Chapter 268, P.L. 1944, Chapter 428, P.L. 1943 orChapter 77, Article VI-A, P.L. 1945, with Covenant or Covenants;Outstanding December 31, 2012

2. Amount of Cash in Special Trust Fund as of December 31, 2012 (Note A)

3. Amount of Bonds Issued Under Item 1Maturing in 2013

4. Amount of Interest on Bonds with aCovenant - 2013 Requirement

5. Total of 3 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

Footnote: Any formula other than the one shown above and required to be used by covenant or covenants is to be attached hereto

Item 5 must be shown as an item of appropriation, short extended, with Item 6 shown directly following as a deduction and with theamount of Item 7 extended into the 2012 appropriation column.

-

XXXXXXXX

XXXXXXXX

XXXXXXXX

GENERAL CAPITAL FUNDSTATEMENT OF CAPITAL SURPLUS

YEAR - 2012

Credit

mailto:+@SUM(I7:I12)-@SUM(G10:G14)




A.1. Total Tax Levy for the Year 2012 was $ 5,333,287.01

2. Amount of Item 1 Collected in 2012 (*) $ 5,154,212.92

3. Seventy (70) percent of Item 1 $ 3,733,300.91

(*) Including prepayments and overpayments applied.

B.1. Did any maturities of bonded obligations or notes fall due during the year 2012?

Answer YES or NO YES2. 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 B1 is YES, then Item B2 must be answered

C. Does the appropriation required to be included in the 2013 budget for the liquidation of allbonded obligations or notes exceed 25% of the total of appropriations for operating purposes in thebudget for the year just ended? Answer YES or NO: NO

D.1. Cash Deficit 2011 $

2. 4% of 2011 Tax Levy for all purposes:Levy - - = $ -

3. Cash Deficit 2012 $

4. 4% of 2012 Tax Levy for all purposes:Levy - - 5,333,287.01 = $ 213,331.48

E. Unpaid 2011 2012 Total

1. State Taxes $ $ $ -

2. County Taxes $ $ - $ -

3. Amounts due Special Districts

$ $ - $ -

4. Amounts due School Districts for Local School Tax

$ $ 596,434.00 $ 596,434.00

MUNICIPALITIES ONLY

IMPORTANTThis 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)


The arrangement of the schedules is shown by the index appearing at the bottom hereof. The statementis prepared on a full cash basis. Any variations from a full cash basis must be taken up with the Division in advance of the preparation of the statement and the budget.

Summary statements only of debt service are required. The use of summarized forms is permitted to conserve time. Responsibility for the supporting detail is placed on the chief financial officer who must be in a position to support the summarized figures.

No sheets should be eliminated, except utility fund sheets under the conditions stipulated on Sheet 2. Those sheets not filed in should be marked "Not Applicable".

1 & 1a, 1b, 1c Certification and Affidavit1d Report of Federal & State Financial Assistance Expenditures of Awards2. Instructions and Certification3 & 3a Trial Balance--Current Fund4. Trial Balance--Public Assistance Fund5. Trial Balance--Federal and State Fund6. & 6b. Trial Balance--Trust Funds / Schedule of Trust Fund Deposits and Reserves6a. Municipal Public Defender Certification - P.L. 1997, C.2567. Analysis of Trust Assessment Cash and Investments Pledged to Liabilities and Surplus8. Trial Balance--Capital Fund9, 9a, 9b, 9c Cash Reconciliation 10. Federal and State Grants Receivable11 &11a. Appropriated Reserves for Federal and State Grants12. Unappropriated Reserves for Federal and State Grants13. Local District School Tax - Municipal Open Space Tax14. Regional School Tax - Regional High School Tax15. County Taxes Payable - Special District Tax16. Reserves for State and Federal Aid for Library Services17 & 17a. General Budget Revenues17. Allocation of Current Tax Collections18. General Budget Appropriations18. Emergency Appropriations for Local District School Purposes19. Results of 2012 Operations--Current Fund20. Schedule of Miscellaneous Revenues Not Anticipated21. Surplus Account and Analysis of Balance22. Current Tax Levy22a. "Accelerated Tax Sale/Tax Levy Sale Chapter 99 to Calculate Underlying Tax Collection Rate for 201123. Due from/to State of New Jersey for Senior Citizens and Veterans Deductions24. Reserve for Tax Appeals Pending - N.J. Division of Tax Appeals (N.J.S.A. 54:3-37)25. Municipal Budget - Computation of "Reserve for Uncollected Taxes" and "Amount to be Raised by Taxation"

25a.26. Delinquent Taxes and Tax Title Liens27. Foreclosed Property; Contract Sales; Mortgage Sales28. Deferred Charges and List of Judgments - Current29. Emergency - Tax Map; Revaluation; Master Plan; Revisions and Codification of Ordinance; Drainage

Maps for Flood Control; Preliminary Studies, etc. for Sanitary Sewer Systems, Municipal Consolidation Act; Flood or Hurricane Damage

30 Emergency - Damage to Roads and Bridges by Snow, Ice, etc.; Public Exigencies Caused by Civil Disturbances31, 31a Summary Statement of Debt Service Requirements - Municipal32. Summary Statement of Debt Service Requirements - School - Type I and Current33. Debt Service for Notes (Other than Assessment Notes)34. Debt Service for Assessment Notes34a. Schedule of Capital Lease Program Obligations

35 & 35a. Improvement Authorizations

36. Capital Improvement Fund37. Down Payment37. Capital Improvements Authorized in 201238. General Capital Surplus, Bond Covenants39. Required Information (N.J.S.A. 52:27BB-55 as amended by Chap. 211, P.L. 1981)

UTILITIES ONLY40. Instructions41 & 55. Trial Balance - Utility Fund42 & 56. Trial Balance - Utility Assessment Trust Funds43 & 57. Analysis of Utility Assessment Trust Cash and Investments Pledged to Liabilities and Surplus44 & 58. Utility Revenues and Appropriations45 & 59. 2012 Utility Operations46 & 60. Results of Operations, Operating Surplus and Analysis47 & 61. Utility Accounts Receivable; Utility Liens48 & 62. Deferred Charges and List of Judgments - Utility49 & 63. Summary Statement of Debt Service Requirements49a & 63a Summary Statement of Loan Requirements50 & 64. Debt Service for Utility Notes (Other than Utility Assessment Notes)51 & 65. Debt Service for Utility Assessment Notes51a. & 65a. Schedule of Capital Lease Program Obligations52 & 66. Improvement Authorizations (Utility Capital)53 & 67. Capital Improvement Fund and Down Payments54 & 68. Utility Capital Improvements Authorized in 2012; Utility Capital Surplus

Accelerated Tax Sale - Chapter 99. Calculation to Utilize Proceeds in Current Budget as Deduction to Reserve for Uncollected Tax Appropriation

INSTRUCTIONS IN PREPARATION OF ANNUAL FINANCIAL STATEMENT FOR THE YEAR 2012

INDEX

Documents

Township Mannington Salem