ANNUAL FINANCIAL STATEMENT FOR THE YEAR 2014 (UNAUDITED)

Transcription

1 ANNUAL FINANCIAL STATEMENT FOR THE YEAR 2014 (UNAUDITED) POPULATION LAST CENSUS 28,967 NET VALUATION TAXABLE ,630,578,882 MUNICODE 811 FIVE DOLLARS PER DAY PENALTY IF NOT FILED BY: COUNTIES - JANUARY 26, 2015 MUNICIPALITIES - FEBRUARY 10, 2015 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. Township of Monroe, County of Gloucester 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 34, 49 to 51 and 63 to 65 are complete, were computed by me and can be supported upon demand by a register or other detailed analysis. Signature Title Registered Municipal Accountant (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 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 certify that I, Karyn Paccione, am the Chief Financial Officer, License #N0522, of the Township of Monroe, County of Gloucester 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, 2014, completely in compliance with N.J.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, Signature Title Chief Financial Officer Address 125 Virginia Ave., Williamstown, NJ Phone Number (856) Fax Number (856) kpaccione@monroetownshipnj.org 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. Sheet 1

2 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 Township of Monroe as of December 31, 2014 and have applied certain agreed-upon procedures thereon as promulgated 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, (except for circumstances as set forth below, no matters) or (no matters) [eliminate one] came to my attention that caused me to believe that the Annual Financial Statement for the year ended 2014 is not in substantial compliance with the requirements 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 of the 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 day of, 2015 (Registered Municipal Accountant) PETRONI & ASSOCIATES LLC (Firm Name) 102 W. High St., Suite 100 P.O. Box 279 (Address) Glassboro, New Jersey (Address) (Phone Number) (Fax Number) nlp@petroni.com ( ) Sheet 1a

3 UNIFORM CONSTRUCTION CODE CERTIFICATION BY CONSTRUCTION CODE OFFICIAL The undersigned certifies that the municipality has complied with the regulations governing revenues generated by uniform construction code fees and expenditures for construction code operations for fiscal year 2014 as required under N.J.A.C. 5: Printed Name: Signature: Certificate #: Date: Sheet 1b

4 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 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 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 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 to conduct 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 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.J.A.C. 5: Municipality: Chief Financial Officer: Signature: Certificate #: Date: CERTIFICATION OF NON-QUALIFYING MUNICIPALITY The undersigned certifies that this municipality does not meet items(s) # of the criteria above and therefore does not qualify for local examination of its Budget in accordance with N.J.A.C. 5: Municipality: Chief Financial Officer: Signature: Certificate #: Date: Sheet 1c

5 Fed I.D. # Monroe Township Municipality Gloucester County Report of Federal and State Financial Assistance Expenditures of Awards Fiscal Year Ending: 12/31/14 (1) (2) (3) Federal programs State Other Federal Expended Programs Programs (administered Expended Expended by the state) TOTAL $801, $20, Type of Audit required by OMB A-133 AND OMB 04-04: X Single Audit Program Specific Audit 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-133 (Revised 6/27/03) and OMB The single audit threshold has been increased to $500,000 beginning with Fiscal Year ending after 12/31/03. Expenditures are defined in Section 205 of OMB A-133. (1) Report expenditures from federal pass-through programs received directly from state government. 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 state government. Signature of Chief Financial Officer Date Sheet 1d

6 IMPORTANT! READ INSTRUCTIONS INSTRUCTION The following certification is to be used ONLY in the event there is NO municipally operated 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 document. CERTIFICATION I 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 Monroe,County of Gloucester during the year 2014 and that sheets 40 to 68 are unnecessary. I have therefore removed from this statement the sheets pertaining only to utilities Name (This must be signed by the Chief Financial Officer, Comptroller, Auditor or Registered Municipal Accountant.) Title 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, 2014 Certification is hereby made that the Net Valuation Taxable of property liable to taxation for the tax year 2015 and filed with the County Board of Taxation on January 10, 2015 in accordance with the requirement of N.J.S.A. 54:4-35, was in the amount of $2,639,110,158 SIGNATURE OF TAX ASSESSOR Township of Monroe MUNICIPALITY Gloucester COUNTY Sheet 2

7 NOTE THAT A TRIAL BALANCE IS REQUIRED AND NOT A BALANCE SHEET POST CLOSING TRIAL BALANCE - CURRENT FUND AS AT DECEMBER 31, 2014 Cash Liabilities Must Be Subtotaled and Subtotal Must Be Marked With "C"-Taxes Receivable Must Be Subtotaled Title of Account Debit Credit Cash - Treasurer 6,001, Change Fund Subtotal Cash 6,002, Taxes Receivable 2,574, Taxes Receivable 49, Taxes Receivable 28, Taxes Receivable 3, Taxes Receivable Subtotal Taxes Receivable 2,656, Tax Title Liens Receivable 1,023, Property Acquired for Taxes - Assessed Valuation 1,551, Assessments Receivable 13, School Taxes Payable 0.03 Due to Grant Fund 111, Due from State of New Jersey - Senior Citizen and Veterans Deductions 58, Appropriation Reserves 927, Encumbrances Payable 679, Prepaid Taxes 521, Due State of New Jersey 5, Payroll Taxes Payable 122, Tax Overpayments 84, Due County for Added & Omitted Taxes 83, Accounts Payable 5, Reserve for Local Grants 52, ,652, Reserve for Receivables 5,244, Fund Balance 3,349, ,247, ,247, (Do not crowd - add additional sheets) Sheet 3

8 NOTE THAT A TRIAL BALANCE IS REQUIRED AND NOT A BALANCE SHEET POST CLOSING TRIAL BALANCE - CURRENT FUND (CONT'D) AS AT DECEMBER 31, 2014 Cash Liabilities Must Be Subtotaled and Subtotal Must Be Marked With "C"-Taxes Receivable Must Be Subtotaled Title of Account Debit Credit (Do not crowd - add additional sheets) Sheet 3a

9 POST CLOSING TRIAL BALANCE - PUBLIC ASSISTANCE FUND ACCOUNTS #1 AND #2* AS AT DECEMBER 31, 2014 Title of Account Debit Credit (Do not crowd - add additional sheets) *To be prepared in compliance with Department of Human Services Municipal Audit Guide, Public Welfare, General Assistance Program. Sheet 4

10 POST CLOSING TRIAL BALANCE - FEDERAL AND STATE GRANTS AS AT DECEMBER 31, 2014 Title of Account Debit Credit Grant Receivable 527, Due Current Fund 111, Encumbrances Payable 131, Reserve for Grants - Appropriated 507, , , (Do not crowd - add additional sheets) Sheet 5

11 POST CLOSING TRIAL BALANCE - TRUST FUNDS (Assessment Section Must Be Separately Stated) AS AT DECEMBER 31, 2014 Title of Account Debit Credit Trust Fund Cash - Treasurer 6,450, Encumbrances Payable 223, Reserve for Veterans Affairs Reserve for Intersection/Road Improvements 13, Reserve for Dog Fund Expenditures 62, Reserve for Recycling Expenditures 299, Reserve for Affordable Housing 424, Reserve for Off Duty Trust 60, Reserve for Park & Recreation 372, Reserve for Unemployment 57, Reserve for Historical Society Donations 17, Reserve for Public Defender 2, Reserve for Tax Title Lien Redemption Reserve for Tax Sale Premiums 1,626, Reserve for POAA Fees 1, Reserve for Forfeiture Funds 92, Reserve for Snow Removal 129, Reserve for Sidewalk Trust Fund 108, Reserve for Municipal Alliance Donations Reserve for Municipal Open Space 1,195, Reserve for Accumulated Absence 499, Reserve for Escrow Accounts 1,045, Reserve for Basin Maintenance Trust 216, ,450, ,450, (Do not crowd - add additional sheets) Sheet 6

12 MUNICIPAL PUBLIC DEFENDER CERTIFICATION Public Law 1997, C. 256 Municipal Public Defender Expended Prior Year 2013: (1) 6, x 25% (2) 1, Municipal Public Defender Trust Cash Balance December 31, 2014: (3) 2, 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 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 (P.O. Box 084, Trenton, NJ 08625). Amount in excess of the amount expended: 3-(1 + 2) = 0 The undersigned certifies that the municipality has complied with the regulations governing Municipal Public Defender as required under Public Law 1998, C Chief Financial Officer: Signature: Certificate #: Date: Sheet 6a

13 SCHEDULE OF TRUST FUND DEPOSITS AND RESERVES Amount Dec. 31, 2013 Balance per Audit as at Purpose Report Receipts Disbursements Dec. 31, Animal Control $ 33, $ 33, $ 4, $ 62, Unemployment $ 53, $ 27, $ 23, $ 57, Tax Sale Redemption $ 9, $ 1,191, $ 1,200, $ Municipal Open Space $ 1,126, $ 80, $ 10, $ 1,195, POAA Fees $ 1, $ $ 1, Veterans Affairs Donations $ - $ $ Public Defender $ 5, $ 3, $ 7, $ 2, Off Duty $ 63, $ 159, $ 162, $ 60, Park & Recreation $ 701, $ 302, $ 630, $ 372, Recycling $ 295, $ 146, $ 142, $ 299, Forfeited Funds $ 108, $ 25, $ 41, $ 92, Municipal Alliance Donations $ $ $ Basin Maintenance $ 266, $ 50, $ 216, Snow Removal $ 146, $ 40, $ 56, $ 129, Sidewalk Trust $ 90, $ 17, $ 108, Accumulated Absence $ 439, $ 60, $ 499, Historical Society Donations $ 17, $ 17, COAH $ 332, $ 99, $ 6, $ 424, Tax Sale Premiums $ 1,410, $ 1,039, $ 823, $ 1,626, Developers Escrow $ 1,089, $ 345, $ 389, $ 1,045, Intersection/Road Improvements $ 4, $ 9, $ 13, Totals $ 6,196, $ 3,582, $ 3,551, $ 6,226, Sheet 6b

14 ANALYSIS OF TRUST ASSESSMENT 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, 2013 Assessments Current Dec. 31, 2014 and Liens Budget Assessment Serial Bond Issues: xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxxxxxxxxxxxx xxxxxxxxxx xxxxxxxxxx Assessment Bond Anticipation Note Issues: xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxxxxxxxxxxxx xxxxxxxxxx xxxxxxxxxx Other Liabilities - Trust Surplus - *Less Assets "Unfinanced" xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxxxxxxxxxxxx xxxxxxxxxx xxxxxxxxxx Totals Sheet 7

15 POST CLOSING TRIAL BALANCE - GENERAL CAPITAL FUND AS AT DECEMBER 31, 2014 Title of Account Debit Credit Est. Proceeds Bonds and Notes Authorized 6,942, xxxxxxxxxx Bonds and Notes Authorized but Not Issued xxxxxxxxxx 6,942, Cash 857, Amount to be Provided by Lease 1,825, Deferred Charges-Funded 12,822, Deferred Charges-Unfunded 7,659, Encumbrances Payable 460, Reserve for Payment of Bonds 21, Improvement Authorizations - Funded 281, Improvement Authorizations - Unfunded 7,027, Serial Bonds Payable 12,711, Bond Anticipation Notes Anticipated 717, Green Trust Loan Payable 111, Capital Improvement Fund 8, Obligations Under Capital Lease 1,825, ,105, ,105, (Do not crowd - add additional sheets) Sheet 8

16 CASH RECONCILIATION DECEMBER 31, 2014 Cash Less Checks Cash Book * On Hand On Deposit Outstanding Balance Current 15, ,506, , ,002, Trust - Dog License - Trust - Other ,451, ,450, Capital - General 857, , Water - Operating Water - Capital Utility - Assessment Trust Public Assistance ** Garbage District Total 15, ,815, , ,310, * Include Deposits In Transit ** Be sure to include a Public Assistance Account 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, certificates, agreements or passbooks at December 31, 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, All "Certificates of Deposit", "Repurchase Agreements" and other investments must be reported as cash and included in this certification. (THIS MUST BE SIGNED BY REGISTERED MUNICIPAL ACCOUNTANT (STATUTORY AUDITOR) OR CHIEF FINANCIAL OFFICER) depending on who prepared this Annual Financial Statement as certified to on Sheet 1 or 1(a). Signature: Title: Registered Municipal Accountant Sheet 9

17 CASH RECONCILIATION DECEMBER 31, 2014(cont'd.) LIST BANKS AND AMOUNTS SUPPORTING "CASH ON DEPOSIT" Susquehanna Bank ,464, , , , , , , ,087, , Monroe Savings Bank , , Newfield National Bank , ,815, 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. Sheet 9a

18 MUNICIPALITIES AND COUNTIES FEDERAL AND STATE GRANTS RECEIVABLE Balance 2014 Received Balance Jan. 1, 2014 Budget From Dec. 31, 2014 Grant Revenue Grants Realized Uanappropriated Canceled Drunk Driving 15, , TCDI Multi-Modal Transportation System Master Plan 85, , Safe and Secure 15, , , , Municipal Alliance 9, , , , Emergency Management Assistance 5, , Body Armor Replacement Fund 5, , CDBG-Winslow Road 50, , Click it or Ticket 3, , Sustainable NJ 2, , NJ Transportation Trust-Winslow Rd Phase V 210, , , NJ DOT-Winslow Road Phase VI 211, , Clean Communities 62, , Hazardous Discharge Site 58, , , , NJ DEP Timber Lakes Water Main 72, , CDBG-Lois Drive Drainage 50, , Drive Sober or Get Pulled Over 2, , NJ DEP Williamsburg Village 10, , Sheet 10

19 MUNICIPALITIES AND COUNTIES FEDERAL AND STATE GRANTS RECEIVABLE Balance 2014 Received Balance Jan. 1, 2014 Budget From Dec. 31, 2014 Grant Revenue Grants Realized Uanappropriated Canceled Totals 170, , , , , Sheet 10a

20 SCHEDULE OF APPROPRIATED RESERVES FOR FEDERAL AND STATE GRANTS Transferred from 2014 Balance Budget Appropriations Expended Balance Grant Jan. 1, 2014 Appropriation Encumbrance Dec. 31, 2014 Budget By 40A:4-87 Canceled Canceled Federal Grants: Body Armor 7, , , , Bulletproof Vest 5, , CDBG Winslow Road 50, , CDBG Lois Drive Drainage 50, , , Click it or Ticket 3, , State Grants: NJ Transportation Trust-Winslow Rd Phase V 210, , , NJ DOT Winslow Rd Phase VI 211, , , Drunk Driving 8, , , Drive Sober or Get Pulled Over 2, , Clean Communities 41, , , , Sustainable NJ 2, , Hazardous Discharge Site 7, , , , , NJ DEP Timberlakes Water Main 72, , Safe & Secure 15, , , , Municipal Alliance 47, , , NJ DEP Williamsburg Village 336, , , Totals Sheet 11

21 SCHEDULE OF APPROPRIATED RESERVES FOR FEDERAL AND STATE GRANTS (cont.) Transferred from 2014 Balance Budget Appropriations Expended Balance Grant Jan. 1, 2014 Appropriation Encumbrance Dec. 31, 2014 Budget By 40A:4-87 Canceled Canceled TCDI Multi-Modal Transportation System Master Plan 85, , Totals 493, , , , , , , Sheet 11a

22 SCHEDULE OF UNAPPROPRIATED RESERVES FOR FEDERAL AND STATE GRANTS Transferred to 2014 Balance Budget Appropriations Received To Balance Grant Jan. 1, 2014 Appropriation Grants Dec. 31, 2014 Budget By 40A:4-87 Receivable Totals Sheet 12

23 *LOCAL DISTRICT SCHOOL TAX Debit Credit Balance January 1, 2014 xxxxxxxxxx xxxxxxxxxx School Tax Payable # xxxxxxxxxx School Tax Deferred (Not in excess of 50% of Levy ) xxxxxxxxxx Levy School Year July 1, June 30, 2015 xxxxxxxxxx Levy Calendar Year 2014 xxxxxxxxxx 48,218, Paid 48,218, xxxxxxxxxx Balance December 31, 2014 xxxxxxxxxx xxxxxxxxxx School Tax Payable # xxxxxxxxxx School Tax Deferred (Not in excess of 50% of Levy ) xxxxxxxxxx * Not including Type 1 school debt service, emergency authorizations 48,218, ,218, schools, transfer to Board of Education for use of local schools. # Must include unpaid requisitions. MUNICIPAL OPEN SPACE TAX Debit Credit Balance January 1, xxxxxxxxxx 1,126, Levy xxxxxxxxxx 72, Receipts Interest Earned xxxxxxxxxx 8, Expenditures 10, xxxxxxxxxx Balance December 31, ,195, xxxxxxxxxx 1,206, ,206, Sheet 13

24 REGIONAL SCHOOL TAX (Provide a separate statement for each Regional District involved) Debit Credit Balance January 1, 2014 xxxxxxxxxx xxxxxxxxxx School Tax Payable # xxxxxxxxxx School Tax Deferred (Not in excess of 50% of Levy ) xxxxxxxxxx Levy School Year July 1, June 30, 2015 xxxxxxxxxx Levy Calendar Year 2014 xxxxxxxxxx Paid xxxxxxxxxx Balance December 31, 2014 xxxxxxxxxx xxxxxxxxxx School Tax Payable # xxxxxxxxxx School Tax Deferred (Not in excess of 50% of Levy ) xxxxxxxxxx # Must include unpaid requisitions. REGIONAL HIGH SCHOOL TAX Debit Credit Balance January 1, 2014 xxxxxxxxxx xxxxxxxxxx School Tax Payable # xxxxxxxxxx School Tax Deferred (Not in excess of 50% of Levy ) xxxxxxxxxx Levy School Year July 1, June 30, 2015 xxxxxxxxxx Levy Calendar Year 2014 xxxxxxxxxx Paid xxxxxxxxxx Balance December 31, 2014 xxxxxxxxxx xxxxxxxxxx School Tax Payable # xxxxxxxxxx School Tax Deferred (Not in excess of 50% of Levy ) xxxxxxxxxx # Must include unpaid requisitions Sheet 14

25 COUNTY TAXES PAYABLE Debit Credit Balance January 1, 2014 xxxxxxxxxx xxxxxxxxxx County Taxes xxxxxxxxxx Due County for Added and Omitted Taxes xxxxxxxxxx 106, Levy: xxxxxxxxxx xxxxxxxxxx General County xxxxxxxxxx 14,632, County Library xxxxxxxxxx County Health xxxxxxxxxx County Open Space Preservation xxxxxxxxxx 1,018, Due County for Added and Omitted Taxes xxxxxxxxxx 83, Paid 15,757, xxxxxxxxxx Balance December 31, 2014 xxxxxxxxxxxxxxx xxxxxxxxxx County Taxes xxxxxxxxxx Due County for Added & Omitted Taxes 83, xxxxxxxxxx 15,841, ,841, SPECIAL DISTRICT TAXES Debit Credit Balance January 1, xxxxxxxxx xxxxxxxxxx 2014 Levy: (List Each Type of District Tax Separately - see Footnote) xxxxxxxxx xxxxxxxxxx Fire xxxxxxxxx xxxxxxxxxx Sewer xxxxxxxxx xxxxxxxxxx Water xxxxxxxxx xxxxxxxxxx Garbage xxxxxxxxx xxxxxxxxxx Open Space xxxxxxxxx xxxxxxxxxx xxxxxxxxx xxxxxxxxxx xxxxxxxxx xxxxxxxxxx xxxxxxxxx xxxxxxxxxx Total 2014 Levy xxxxxxxxx Paid xxxxxxxxxx Balance December 31, xxxxxxxxxx Footnote: Please state the number of districts in each instance. Sheet 15

26 STATE LIBRARY AID RESERVE FOR MAINTENANCE OF FREE PUBLIC LIBRARY WITH STATE AID Debit Balance January 1, xxxxxxxxxx State Library Aid Received in xxxxxxxxxx Credit Expended xxxxxxxxxx Balance December 31, RESERVE FOR EXPENSE OF PARTICIPATION IN FREE COUNTY LIBRARY WITH STATE AID Balance January 1, xxxxxxxxxx State Library Aid Received in xxxxxxxxxx Expended xxxxxxxxxx Balance December 31, RESERVE FOR AID TO LIBRARY OR READING ROOM WITH STATE AID (N.J.S.A. 40:54-35) Balance January 1, xxxxxxxxxx State Library Aid Received in xxxxxxxxxx Expended xxxxxxxxxx Balance December 31, RESERVE FOR LIBRARY SERVICES WITH FEDERAL AID Balance January 1, xxxxxxxxxx State Library Aid Received in xxxxxxxxxx Expended xxxxxxxxxx Balance December 31, Sheet 16

27 STATEMENT OF GENERAL BUDGET REVENUES 2014 Excess or Source Budget Realized (Deficit) Surplus Anticipated ,965, ,965, Surplus Anticipated with Prior Written Consent of Director of Local Government Miscellaneous Revenue Anticipated: xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx Adopted Budget 7,215, ,868, , Added by N.J.S. 40A:4-87: (List on 17a) xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx Total from Sheet 17a 716, , Total Miscellaneous Revenue Anticipated ,932, ,585, , Receipts from Delinquent Taxes ,600, ,473, (126,483.80) Amount to be Raised by Taxation: xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx (a) Local Tax for Municipal Purposes ,921, xxxxxxxxxx xxxxxxxxxx (b) Addition to Local District School Tax xxxxxxxxxx (c) Minimum Library Tax , Total Amount to be Raised by Taxation ,796, ,241, , ,294, ,266, , ALLOCATION OF CURRENT TAX COLLECTIONS Debit Credit Current Taxes Realized in Cash (Total of Item 10 or 14 on Sheet 22) xxxxxxxxxx 84,180, Amount to be Raised by Taxation xxxxxxxxxx xxxxxxxxx Local District School Tax ,218, xxxxxxxxx Regional School Tax xxxxxxxxx Regional High School Tax xxxxxxxxx County Taxes ,651, xxxxxxxxx Due County for Added and Omitted Taxes , xxxxxxxxx Special District Taxes xxxxxxxxx Municipal Open Space Tax , Reserve for Uncollected Taxes xxxxxxxxxx 3,086, Deficit in Required Collection of Current Taxes (or) xxxxxxxxxx Balance for Support of Municipal Budget (or) ,241, xxxxxxxxx * Excess Non-Budget Revenue (see footnote) xxxxxxxxx * Deficit Non-Budget Revenue (see footnote) xxxxxxxxxx * These items are applicable only when there is no "Amount to be Raised by 87,266, ,266, 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

28 STATEMENT OF GENERAL BUDGET REVENUES 2014 (Continued) Miscellaneous Revenues Anticipated: Added By N.J.S. 40A:4-87 Source Budget Realized Excess or (Deficit) Clean Communities 62, , Drunk Driving Enforcement Fund 15, , Body Armor Replacement Fund 5, , Click it or Ticket 3, , Drive Sober, Get Pulled Over 2, , CDBG Winslow Road 50, , JIF Safety Incentive Program 8, , NJ Transportation Trust Winslow Road Phase V 210, , NJ DOT Winslow Road Phase VI 211, , TCDI Multi-Modal Transportation System Master Plan 85, , Sustainable NJ 2, , Safe and Secure 60, , Total (Sheet 17) 716, , 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. CFO Signature Sheet 17a

29 STATEMENT OF GENERAL BUDGET APPROPRIATIONS Budget as Adopted ,577, Budget - Added by N.J.S. 40A: , Appropriated for 2014 (Budget Statement Item 9) ,294, Appropriated for 2014 by Emergency Appropriation (Budget Statement Item 9) Total General Appropriations (Budget Statement Item 9) ,294, Add: Overexpenditures (see footnote) Total Appropriations and Overexpenditures ,294, Deduct Expenditures: Paid or Charged [Budget Statement Item (L)] ,272, Paid or Charged - Reserve for Uncollected Taxes ,086, Reserved , Total Expenditures ,286, Unexpended Balances 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 "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) 2014 Authorizations N.J.S. 40A:4-46 (After adoption of Budget) N.J.S. 40A:4-20 (Prior to adoption of Budget) Total Authorizations Deduct Expenditures: Paid or Charged Reserved Total Expenditures Sheet 18

30 RESULTS OF 2014 OPERATIONS CURRENT FUND Debit Credit Excess of anticipated Revenues: xxxxxxxxxx xxxxxxxxx Miscellaneous Revenues anticipated xxxxxxxxxx 652, Delinquent Tax Collections xxxxxxxxxx xxxxxxxxxx Required Collection of Current Taxes xxxxxxxxxx 445, Unexpended Balances of 2014 Budget Appropriations xxxxxxxxxx 8, Miscellaneous Revenue Not Anticipated xxxxxxxxxx 563, Miscellaneous Revenue Not Anticipated: xxxxxxxxxx Proceeds of Sale of Foreclosed Property (Sheet 27) xxxxxxxxxx Payments in Lieu of Taxes on Real Property xxxxxxxxxx 76, Sale of Municipal Assets xxxxxxxxxx Unexpended Balances of 2013 Appropriation Reserves xxxxxxxxxx 500, Prior Years Interfunds Returned in xxxxxxxxxx Encumbrances Canceled xxxxxxxxxx 91, Grant Balances Canceled xxxxxxxxxx 20, Tax Overpayments Canceled xxxxxxxxxx Deferred School Tax Revenue: (See School Taxes, Sheets 13 & 14) xxxxxxxxxx xxxxxxxxx Balance January 1, xxxxxxxxx Balance December 31, xxxxxxxxxx Deficit in Anticipated Revenues: xxxxxxxxxx xxxxxxxxx Miscellaneous Revenues Anticipated xxxxxxxxx Delinquent Tax Collections , xxxxxxxxx xxxxxxxxx Required Collection of Current Taxes xxxxxxxxx Interfund Advances Originating in , xxxxxxxxx Grant Receivable Balances Canceled 8, xxxxxxxxx Prior Year Deduction Disallowed 9, xxxxxxxxx Refund Prior Year Revenue xxxxxxxxx Prepaid School Tax xxxxxxxxx Deficit Balance - To Trial Balance (Sheet 3) xxxxxxxxxx Surplus Balance - To Surplus (Sheet 21) ,206, xxxxxxxxx 2,361, ,361, Sheet 19

31 SCHEDULE OF MISCELLANEOUS REVENUES NOT ANTICIPATED Source Amount Realized Off Duty Administration Fees 40, Miscellaneous 25, Ads on Bus Shelters 5, Tax Map Maintenance 19, Refunds 56, Hotel/Motel Revenue 54, Insurance Dividends 138, Restitution 1, Inspection Violations 3, Senior Citizen Deduction Administrative Fee 7, Demolitions, Board Up Fees 12, School Security Officer 180, Tax Abatements 17, Total Amount of Miscellaneous Revenues Not Anticipated (Sheet 19) 563, Sheet 20

32 SURPLUS - CURRENT FUND YEAR 2014 Debit Credit 1. Balance January 1, xxxxxxxxx 4,108, xxxxxxxxx 3. Excess Resulting from 2014 Operations xxxxxxxxx 2,206, Amount Appropriated in the 2014 Budget - Cash ,965, xxxxxxxxx 5. Amount Appropriated in 2014 Budget - with Prior Written Consent of Director of Local Government Services xxxxxxxxx 6. xxxxxxxxx 7. Balance December 31, ,349, xxxxxxxxx 6,315, ,315, ANALYSIS OF BALANCE DECEMBER 31, 2014 (FROM CURRENT FUND - TRIAL BALANCE) Cash ,002, Investments Sub Total 6,002, Deduct Cash Liabilities Marked with "C" on Trial Balance ,652, Cash Surplus ,349, Deficit in Cash Surplus ( ) Other Assets Pledged to Surplus: * (1) Due from State of N.J. Senior Citizens and Veterans Deduction Deferred Charges # Cash Deficit # Total Other Assets * IN THE CASE OF A "DEFICIT IN CASH SURPLUS", "OTHER ASSETS ,349, WOULD ALSO BE PLEDGED TO CASH LIABILITIES. # MAY NOT BE ANTICIPATED AS NON-CASH SURPLUS IN 2014 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: (Roads and Bridges, etc.) and N.J.S. 40A: (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

33 (FOR MUNICIPALITIES ONLY) CURRENT TAXES LEVY 1. Amount of Levy as per Duplicate (Analysis) # $ 86,756, or (Abstract of Ratables) $ 2. Amount of Levy Special District Taxes $ 3. Amount Levied for Omitted Taxes under N.J.S.A. 54: et seq $ 4. Amount Levied for Added Taxes under N.J.S.A. 54: et. seq $ 440, a. Subtotal 2014 Levy $ 87,196, b. Reductions due to tax appeals ** $ 5c. Total 2014 Levy $ 87,196, Transferred to Tax Title Liens $ 187, Transferred to Foreclosed Property $ 8. Remitted, Abated or Canceled $ 253, Discount Allowed $ 10. Collected in cash: In $ 599, In 2014* $ 83,173, Homestead Benefit Credit $ State's Share of 2014 Senior Citizens and Veterans Deductions Allowed $ 407, Total to Line $ 84,180, Total Credits $ 84,621, Amount Outstanding December 31, $ 2,574, Percentage of Cash Collections to Total 2014 Levy, (Item 10 divided by Item 5c) is 96.54% 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 $ 84,180, Less: Reserve for Tax Appeals Pending State Division of Tax Appeals $ To Current Taxes Realized in Cash (Sheet 17) $ 84,180, 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, $1,500,000.00, or The correct percentage to be shown as Item 13 is 69.99% and not 70.00%, nor % # Note: On Item 1 if Duplicate (Analysis) Figure is used; be sure to include Senior Citizens and Veterans Deductions. * Include overpayments applied as part of 2014 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). Sheet 22

34 ACCELERATED TAX SALE/TAX LEVY SALE - CHAPTER 99 (1) Utilizing Accelerated Tax Sale Total of Line 10 Collected in Cash (sheet 22) LESS: Proceeds from Accelerated Tax Sale Line 5c (sheet 22) Total 2014 Tax Levy To Calculate Underlying Tax Collection Rate for 2014 Utilize this sheet only if you conducted an Accelerated Tax Sale or Tax Levy Sale pursuant to Chapter 99, P.L NET Cash Collected Percentage of Collection Excluding Accelerated Tax Sale Proceeds (Net Cash Collected divided by Item 5c) is % (2) Utilizing Tax Levy Sale Total of Line 10 Collected in Cash (sheet 22) LESS: Proceeds from Tax Levy Sale (excluding premium) Line 5c (sheet 22) Total 2014 Tax Levy NET Cash Collected Percentage of Collection Excluding Accelerated Tax Sale Proceeds (Net Cash Collected divided by Item 5c) is % Sheet 22a

35 SCHEDULE OF DUE FROM/TO STATE OF NEW JERSEY FOR SENIOR CITIZENS AND VETERANS DEDUCTIONS Debit Credit 1. Balance January 1, 2014 xxxxxxxxx xxxxxxxxx Due From State of New Jersey xxxxxxxxx Due To State of New Jersey xxxxxxxxx 58, Sr. Citizens Deductions Per Tax Billings 98, xxxxxxxxx 3. Veterans Deductions Per Tax Billings 304, xxxxxxxxx 4. Sr. Citizens Deductions Allowed By Tax Collector 9, xxxxxxxxx Sr. Citizens Deductions Disallowed By Tax Collector xxxxxxxxx 5, Sr. Citizens Deductions Disallowed By Tax Collector 2013 Taxes xxxxxxxxx 9, Received in Cash from State xxxxxxxxx 398, Balance December 31, 2014 xxxxxxxxx xxxxxxxxx Due From State of New Jersey xxxxxxxxx Due to State of New Jersey 58, xxxxxxxxx 471, , Calculation of Amount to be included on Sheet 22, Item Senior Citizens and Veterans Deductions Allowed Line 2 98, Line 3 304, Line 4 9, Sub-Total 413, Less: Line 7 5, To Item 10, Sheet , Sheet 23

36 SCHEDULE OF RESERVE FOR TAX APPEALS PENDING - N.J. DIVISION OF TAX APPEALS (N.J.S.A. 54:3-27) Debit Credit Balance January 1, 2014 xxxxxxxxx Taxes Pending Appeals xxxxxxxxx xxxxxxxxx Interest Earned on Taxes Pending Appeals xxxxxxxxx xxxxxxxxx Contested Amount of 2014 Taxes Collected which are Pending State Appeal (Item 14, Sheet 22) xxxxxxxxx Interest Earned on Taxes Pending State Appeals xxxxxxxxx Cash Paid to Appelants (Including 5% Interest from Date of Payment) Closed to Results of Operations (Portion of Appeal won by Municipality, including Interest) xxxxxxxxx xxxxxxxxx Balance December 31, 2014 xxxxxxxxx Taxes Pending Appeals * xxxxxxxxx xxxxxxxxx Interest Earned on Taxes Pending Appeals xxxxxxxxx xxxxxxxxx * Includes State Tax Court and County Board of Taxation Appeals Not Adjusted by December 31, Signature of Tax Collector License # Date Sheet 24

37 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 [(2015 Estimated Total Levy Total Levy)/2014 Total Levy] D. Reserve for Uncollected Taxes Exclusion Amount [(BxC)+B] E. Net Reserve for Uncollected Taxes Appropriation in Current Budget (A-D) 2015 Reserve for Uncollected Taxes Appropriation Calculation (Actual) 1. Subtotal General Appropriations (item 8(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

38 SCHEDULE OF DELINQUENT TAXES AND TAX TITLE LIENS Debit Credit 1. Balance January 1, ,476, xxxxxxxxx A. Taxes ,561, xxxxxxxxx xxxxxxxxx B. Tax Title Liens , xxxxxxxxx xxxxxxxxx 2. Canceled: xxxxxxxxx xxxxxxxxx A. Taxes xxxxxxxxx 125, B. Tax Title Liens xxxxxxxxx 3. Transferred to Foreclosed Tax Title Liens: xxxxxxxxx xxxxxxxxx A. Taxes xxxxxxxxx B. Tax Title Liens Added Taxes , xxxxxxxxx 5. Added Tax Title Liens xxxxxxxxx 6. Adjustment Between Taxes (Other than current year) and Tax Title Liens: xxxxxxxxx xxxxxxxxx (1) A. Taxes - Transfers to Tax Title Liens xxxxxxxxx 23, (1) B. Tax Title Liens - Transfers from Taxes , xxxxxxxxx 7. Balance Before Cash Payments xxxxxxxxx 3,386, Totals 3,534, ,534, Balance Brought Down 3,386, xxxxxxxxx 10. Collected: xxxxxxxxx 2,473, A. Taxes ,365, xxxxxxxxx xxxxxxxxx B. Tax Title Liens , xxxxxxxxx xxxxxxxxx 11. Interest and Costs Tax Sale , xxxxxxxxx Taxes Transferred to Liens , xxxxxxxxx Taxes ,574, xxxxxxxxx 14. Balance December 31, 2014 xxxxxxxxx 3,679, A. Taxes ,656, xxxxxxxxx xxxxxxxxx B. Tax Title Liens ,023, xxxxxxxxx xxxxxxxxx 15. Totals 6,153, ,153, Percentage of Cash Collections to Adjusted Amount Outstanding (Item No. 10 divided by Item No. 9) is 73.04% 17. Item No. 14 multiplied by percentage shown above is $2,687, and represents the maximum amount that may be anticipated in (See Note A on Sheet 22 - Current Taxes) (1) These amounts will always be the same. Sheet 26

39 SCHEDULE OF FORECLOSED PROPERTY (PROPERTY ACQUIRED BY TAX TITLE LIEN LIQUIDATION) Debit Credit 1. Balance January 1, ,551, xxxxxxxxx 2. Foreclosed or Deeded in 2014 xxxxxxxxx xxxxxxxxx 3. Tax Title Liens xxxxxxxxx 4. Taxes Receivable xxxxxxxxx 5A xxxxxxxxx 5B xxxxxxxxx 6. Adjustment to Assessed Valuation xxxxxxxxx 7. Adjustment to Assessed Valuation xxxxxxxxx 8. Sales xxxxxxxxx xxxxxxxxx 9. Cash* xxxxxxxxx 10. Contract xxxxxxxxx 11. Mortgage xxxxxxxxx 12. Loss on Sales xxxxxxxxx 13. Gain on Sales xxxxxxxxx 14. Balance December 31, xxxxxxxxx 1,551, ,551, ,551, CONTRACT SALES Debit Credit 15. Balance January 1, xxxxxxxxx Sales from Foreclosed Property xxxxxxxxx 17. Collected * xxxxxxxxx xxxxxxxxx 19. Balance December 31, xxxxxxxxx MORTGAGE SALES Debit Credit 20. Balance January 1, xxxxxxxxx Sales from Foreclosed Property xxxxxxxxx 22. Collected * xxxxxxxxx xxxxxxxxx 24. Balance December 31, xxxxxxxxx Analysis of Sale of Property: * Total Cash Collected in 2014 ( ) Realized in 2014 Budget To Results of Operation (Sheet 19) Sheet 27

40 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: or N.J.S. 40A: listed on Sheets 29 and 30.) Amount Dec. 31, 2013 Amount in Amount Balance Caused By per Audit 2014 Resulting as at Report Budget from 2014 Dec. 31, Emergency Authorization-Municipal * *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 JUDGEMENTS ENTERED AGAINST MUNICIPALITY AND NOT SATISFIED In favor of On Account of Appropriated Date for in Budget Entered Amount of Year $ 2. $ 3. $ 4. $ Sheet 28

41 N.J.S. 40A:4-53 SPECIAL EMERGENCYTAX 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. Not Less Date Purpose Amount Than 1/5 of Balance REDUCED IN 2014 Balance Authorized Amount Dec. 31, 2013 By 2014 Canceled Dec. 31, 2014 Authorized* Budget by Resolution - Totals 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. Chief Financial Officer * Not less than one-fifth (1/5) of amount authorized but not more than the amount shown in the column "Balance Dec. 31, 2014" must be entered here and then raised in the 2015 budget. Sheet 29

42 N.J.S. 40A: ET SEQ., N.J.S. 40A: , ET SEQ., SPECIAL EMERGENCY - DAMAGE CAUSED TO ROADS OR BRIDGES BY SNOW, ICE, FROST OR FLOOD SPECIAL EMERGENCY - PUBLIC EXIGENCIES CAUSED BY CIVIL DISTURBANCES Not Less Date Purpose Amount Than 1/3 Balance REDUCED IN 2014 Balance Authorized of Amount Dec. 31, 2013 By 2014 Canceled Dec. 31, 2014 Authorized* Budget by Resolution Totals 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: et seq. and N.J.S. 40A et seq. and are recorded on this page. Chief Financial Officer * Not less than one-third (1/3) of amount authorized but not more than the amount shown in the column "Balance Dec. 31, 2014" must be entered here and then raised in the 2015 budget. Sheet 30

43 SCHEDULE OF BONDS ISSUED AND OUTSTANDING AND 2015 DEBT SERVICE FOR BONDS (COUNTY) (MUNICIPAL) GENERAL CAPITAL BONDS 2015 Debt Debit Credit Service Outstanding January 1, xxxxxxxxx 14,021, Issued xxxxxxxxx Paid ,310, xxxxxxxxx Outstanding, December 31, ,711, xxxxxxxxx 14,021, ,021, Bond Maturities - General Capital Bonds $1,595, Interest on Bonds * $385, ASSESSMENT SERIAL BONDS Outstanding January 1, xxxxxxxxxx Issued xxxxxxxxxx Paid xxxxxxxxx Outstanding, December 31, xxxxxxxxx 2015 Bond Maturities - Assessment Bond Interest on Bonds* Total "Interest on Bonds - Debt Service" (*Items) $385, LIST OF BONDS ISSUED DURING Amount Date of Interest Purpose Maturity Issued Issue Rate Total Sheet 31

44 SCHEDULE OF LOANS ISSUED AND OUTSTANDING AND 2015 DEBT SERVICE FOR LOANS (COUNTY) (MUNICIPAL) GREEN TRUST LOAN 2015 Debt Debit Credit Service Outstanding January 1, xxxxxxxxx 130, Issued xxxxxxxxx Paid , xxxxxxxxx Outstanding, December 31, , xxxxxxxxx 130, , Loan Maturities $15, Interest on Loans $2, Total 2014 Debt Service for Green Trust Loan $ 17, LOAN Outstanding January 1, xxxxxxxxxx Issued xxxxxxxxxx Paid xxxxxxxxx Outstanding, December 31, xxxxxxxxx 2015 Loan Maturities Interest on Loans Total 2015 Debt Service for Loan LIST OF LOANS ISSUED DURING Amount Date of Interest Purpose Maturity Issued Issue Rate Total Sheet 31a

45 SCHEDULE OF BONDS ISSUED AND OUTSTANDING AND 2015 DEBT SERVICE FOR BONDS TYPE I SCHOOL TERM BONDS Debit Credit 2015 Debt Service Outstanding January 1, xxxxxxxxx Paid xxxxxxxxx Outstanding December 31, xxxxxxxxx 2015 Bond Maturities - Term Bonds Interest on Bonds * TYPE I SCHOOL SERIAL BOND Outstanding January 1, xxxxxxxxx Issued xxxxxxxxx Paid xxxxxxxxx Outstanding December 31, xxxxxxxxx 2015 Interest Bonds * Bond Maturities - Serial Bonds Total "Interest on Bonds - Type I School Debt Service" (*Items) LIST OF BONDS ISSUED DURING Amount Maturity Issued Date of Interest Purpose Issue Rate Total INTEREST REQUIREMENT - CURRENT FUND DEBT ONLY Outstanding Dec. 31, Interest Requirement 1. Emergency Notes Special Emergency Notes Tax Anticipation Notes Interest on Unpaid State and County Taxes Sheet 32