ANNUAL FINANCIAL STATEMENT FOR THE YEAR 2016 (UNAUDITED)

Transcription

1 ANNUAL FINANCIAL STATEMENT FOR THE YEAR 2016 (UNAUDITED) POPULATION LAST CENSUS 6171 NET VALUATION TAXABLE ,074,021,346 MUNICODE 1911 FIVE DOLLARS PER DAY PENALTY IF NOT FILED BY: COUNTIES JANUARY 26, 2017 MUNICIPALITIES FEBRUARY 10, 2017 ANNUAL FINANCIAL STATEMENT REQUIRED TO BE FILED UNDER NEW JERSEY STATUTES ANNOTATED 40A:512, AS AMENDED, COMBINED WITH INFORMATION REQUIRED PRIOR TO CERTIFICATION OF BUDGETS BY THE DIRECTOR OF THE DIVISION OF LOCAL GOVERNMENT SERVICES. TOWNSHIP of HARDYSTON, County of SUSSEX 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 an can be supported upon demand by a register or other detailed analysis. Signature Title CHIEF FINANCIAL OFFICER (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, GRANT W. ROME, am the Chief Financial Officer, License N0248, of the TOWNSHIP of HARDYSTON, County of SUSSEX and that the statements annexed hereto and made part hereof are true statements of the financial condition of the Local Unit as at December 31, 2016, completely in compliance with N.J.S. 40A:512, 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 149A Wheatsworth Road, Hardyston, NJ Phone Number (973) Ext 9440 Fax Number (973) s.rome@hardyston.com 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 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 Statements from the books of account and records made available to me by the TOWNSHIP of HARDYSTON as of December 31, 2016 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:512, as amended. Because the agreed upon procedures do not constitute an examination of accounts made in accordance with generally accepted auditing statements, 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 Statements for the year ended 2016 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: NOT APPLICABLE (Registered Municipal Accountant) (Firm Name) (address) Certified by me (address) This day of, 2017 (Phone Number) Sheet 1a (Fax Number)

3 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 an appropriation or levy "CAP Waiver". 10. The municipality will not apply for Transitional Aid for2017. 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: TOWNSHIP OF HARDYSTON Chief Financial Officer: GRANT W. ROME Signature: Certificate #: N0248 Date: CERTIFICATION OF NONQUALIFYING MUNICIPALITY The undersigned certifies that this municipality does not meet item(s) # of the criteria above and therefore does not qualify examination of its Budget in accordance with N.J.A.C. 5: for local Municipality: Chief Financial Officer: N/A Signature: Certificate #: Date: Sheet 1b

4 Fed I.D. # TOWNSHIP OF HARDYSTON Municipality SUSSEX County Report of Federal and State Financial Assistance Expenditures of Awards Fiscal Year Ending: (1) (2) (3) Federal programs State Othe Federal Expended Programs Programs (administered by Expended Expended the state) TOTAL $ $ 237, $ Type of Audit required by US Uniform Guidance and NJ OMB 1508: Single Audit X 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 US Uniform Guidance and NJ OMB The single audit threshold has been increased to $750,000 beginning with the fiscal year starting 1/1/2015. (1) Report expenditures from federal passthrough programs received directly from state government. Federal passthroygh 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 passthrough enties. Exclude state aid (i.e., CMPRTA, Energy Receipts tax, ect.) since there are no compliance requirements. (3) Report expenditures from federal programs received directly from federal government or indi. rectly from enties other than the state government. Signature of Chief Financial Officer Date Sheet 1c

5 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 HARDYSTON, County of SUSSEX during the year 2016 and that sheets 40 to 68 are unnecessary. I have therefore removed from this statement the sheets pertaining only to utilities Name Title CHIEF FINANCIAL OFFICER (This must be signed by the Chief Financial Officer, Comptroller, Auditor or Registered Municipal 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, 2016 Certification is hereby made that the Net Valuation Taxable of property liable to taxation for the tax year 2017 and filed with the County Board of Taxation on January 10, 2017 in accordance with the requirement of N.J.S.A. 54:435, was in the amount o 1,071,289, SIGNATURE OF TAX ASSESSOR TOWNSHIP OF HARDYSTON MUNICIPALITY SUSSEX COUNTY Sheet 2

6 NOTE THAT A TRIAL BALANCE IS REQUIRED AND NOT A BALANCE SHEET POST CLOSING TRIAL BALANCE CURRENT FUND AS AT DECEMBER 31, 2016 Cash Liabilities Must Be Subtotaled and Subtotal Must Be Marked With "C" Taxes Receivable Must Be Subtotaled Title of Account Debit Credit CASH CHECKING 6,307, CASH CHANGE FUNDS ,308, RECEIVABLES WITH FULL RESERVES DELINQUENT TAXES RECEIVABLE 486, TAX TITLE LIENS 337, PROPERTY ACQUIRED FOR TAXES ASSESSED VALUATION 14, Total Receivables With Full Reserves 838, APPROPRIATION RESERVES 579, ENCUMBRANCES PAYABLE 289, PREPAID TAXES 244, TAX OVERPAYMENTS 48, COUNTY TAXES PAYABLE ADDED & OMITTED 7, INTERFUND DUE STATE GRANT FUND 3,326, DUE STATE MARRIAGE FEES 0.00 RESERVE FOR TAX MAPS RESERVE FOR REVALUATION 7, DUE STATE VETRANS & SC DEDUCTIONS 8, ACCOUNTS PAYABLE 16, ,528, "C" RESERVE FOR RECEIVABLES AND OTHER ASSETS 838, FUND BALANCE 1,780, ,147, ,147, (DO NOT CROWD ADD ADDITIONAL SHEETS) Sheet 3

7 NOTE THAT A TRIAL BALANCE IS REQUIRED AND NOT A BALANCE SHEET POST CLOSING TRIAL BALANCE CURRENT FUND (CONT'D) AS AT DECEMBER 31, 2016 Cash Liabilities Must Be Subtotaled and Subtotal Must Be Marked With "C" Taxes Receivable Must Be Subtotaled Title of Account Debit Credit N/A (DO NOT CROWD ADD ADDITIONAL SHEETS) Sheet 3 A

8 POST CLOSING TRIAL BALANCE PUBLIC ASSISTANCE FUND ACCOUNTS #1 AND #2 * AS AT DECEMBER 31, 2016 Title of Accounts Debit Credit NOT APPLICABLE (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

9 POST CLOSING TRIAL BALANCE FEDERAL AND STATE GRANTS AS AT DECEMBER 31, 2016 Title of Accounts Debit Credit STATE AND FEDERAL GRANTS RECEIVABLE 26, INTERFUND CURRENT FUND 3,326, RESERVE FOR ENCUMBERANCE PAYABLE RESERVE FOR FEDERAL & STATE GRANTS: APPROPRIATED 3,318, UNAPPROPRIATED 34, ,352, ,352, (DO NOT CROWD ADD ADDITIONAL SHEETS) Sheet 5

10 POST CLOSING TRIAL BALANCE TRUST FUNDS (Assessment Section Must Be Separately Stated) AS AT DECEMBER 31, 2016 Title of Accounts Debit Credit ANIMAL CONTROL TRUST FUND CASH CHECKING 1, ENCUMBERANCE PAYABLE RESERVE FOR ANIMAL EXPENDITURES , , OTHER TRUST FUND CASH 2,412, LETTER OF CREDIT (NON CASH) 15,287, ENCUMBERANCE PAYABLE 4, RESERVE FOR: REVOLVING SMALL CITIES LOAN 7, LETTERS OF CREDIT ESCROW (NON CASH) 15,287, AFFORDABLE HOUSING 733, PERFORMANCE BONDS ESCROW 745, LAND USE ESCROW 90, POAA MUNICIPAL COURT PUBLIC DEFENDER MUNICIPAL COURT 2, RECREATION 18, TAX SALE PREMIUMS 360, RECREATION LITTELL COMMINITY CENTER 16, ACCUMULATED SICK LEAVE 356, SNOW RELATED COSTS 61, UNIFORM FIRE SAFETY FINES 15, Outside Police Work ,700, ,700, ASSESSMENT TRUST FUND CASH 14, ASSESSMENT RECEIVABLE 535, NJDEP LOAN PAYABLE 515, DUE TO GENERAL CAPITAL 28, RESERVE FOR ASSESSMENT RECEIVABLE 6, , , (DO NOT CROWD ADD ADDITIONAL SHEETS) Sheet 6

11 MUNICIPAL PUBLIC DEFENDER CERTIFICATION Public Law 1998, C. 256 Municipal Public Defender Expended Prior Year2015: (1) $ 6, x 25% (2) $ 1, Municipal Public Defender Trust Cash Balance December 31, 2016: (3) $ 2, Note: If the amouny of money in a dedicated fund established pursuant to this section exceeds by more than 25% the amount which the municipality expended during the prior year providing the services of a municipal public defender, the amount in excess of the amount expended shall be forwarded to the Criminal Disposition and Review Collection Fund administrered by the Victims of Crime Compensation Board. (P.O. Box 084, Trenton, NJ 08625) Amount in excess of the amount expended: 3 (1 + 2)= $ (6,243.64) 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: Grant W. Rome Signature: Certificate #: N0248 Date: Sheet 6a

12 Schedule of Trust Fund Deposits and Reserves Purpose Amount Receipts Disbursements Balance Dec. 31, 2015 as at per Audit Dec. 31, 2016 Report 1. Deposits by Letters of Credit $ 15,287, $ $ 15,287, Recreation 18, , , , Escrow Deposits 98, , , , Recreation Littell Comm. Center 11, , , , Small Cities 7, , Municipal Court POAA Municipal Crt Public Defender , , , Redemption O/S Liens 165, , Tax Sale Premiums 286, , , , Affordable Housing 633, , , , Accumulated Sick Leave 336, , , Snow Related Costs 112, , , , Performance Bonds Escrow 827, , , , Police Outside Work 2, , Uniform Fire Safety Fines 15, , , , Totals: $ 17,634, $ 641, $ 580, $ 17,695, Sheet 6b

13 Sheet 7 ANALYSIS OF TRUST ASSESSMENT CASH AND INVESTMENTS PLEDGED TO LIABILITIES AND SURPLUS Receipts Audit Title of Liability to which Cash Balance Balance and Investments are Pledged Dec. 31, 2015 Assessment Current Transfer Disbursements Dec. 31, 2016 and Liens Budget Other Assessment Serial Bond Issues: XXXXXXX XXXXXXX XXXXXXX XXXXXXX XXXXXXX XXXXXXX XXXXXXX XXXXXXX NJDEP Loan Summit Lake Assessment Bond Anticipation Notes Issues: XXXXXXX XXXXXXX XXXXXXX XXXXXXX XXXXXXX XXXXXXX XXXXXXX XXXXXXX Summit Lake Assessment 16, , , , Other Liabilities Trust Surplus *Less Assets "Unfinanced" XXXXXXX XXXXXXX XXXXXXX XXXXXXX XXXXXXX XXXXXXX XXXXXXX XXXXXXX Due to Current 1, , Due to Capital 60, , , , , , * Show as red figure

14 POST CLOSING TRIAL BALANCE GENERAL CAPITAL FUND AS AT DECEMBER 31, 2016 Title of Accounts Debit Credit Est. Proceeds Bonds and Notes Authorized 461, xxxxxxxxxx Bonds and Notes Authorized but Not Issued xxxxxxxxxx 461, CASH 1,199, DEFERRED CHARGES TO FUTURE TAXATION: FUNDED 8,195, UNFUNDED 461, DUE FROM ASSESSMENT TRUST 28, SERIAL BONDS PAYABLE 8,195, BOND ANTICIPATION NOTES PAYABLE EUNCUMBERANCE PAYABLE 305, IMPROVEMENT AUTHORIZATIONS FUNDED 389, IMPROVEMENT AUTHORIZATIONS UNFUNDED 203, RESERVE FOR: CAPITAL IMPROVEMENTS 669, CAPITAL IMPROVEMENT FUND 106, FUND BALANCE 13, ,344, ,344, (DO NOT CROWD ADD ADDITIONAL SHEETS) Sheet 8

15 CASH RECONCILIATION DECEMBER 31, 2016 *On Hand Cash Less Checks Cash Book Outstanding Balance On Deposit Current 152, ,185, , ,307, Trust Assessment Trust Dog License 1, , Trust Other 29, ,390, , ,412, Capital General 1,200, , ,199, Water Operating Water Capital Utility Assessment Public Assistance * * Garbage District Assessment Trust Fund 15, , * Include Deposit In Transit Total 181, ,793, , ,935, * * 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 THE REGISTERED MUNICIPAL ACCOUNTANT (STATUTORY AUDITOR) OR CHIEF FINANCIAL OFFICER) depending on who prepares this Annual Financial Statement as certified to on Sheet 1 or 1 (a). Signature: Title: Chief Financial Officer Sheet 9

16 CASH RECONCILIATION DECEMBER 31, 2016 (cont'd.) LIST BANKS AND AMOUNTS SUPPORTING "CASH ON DEPOSIT" SUSSEX BANK Current Fund Account # ,737, Sweep Account Current # , Current Fund Account # , Other Trust Fund Account # , Cash Bond Trust # , Lake Tamarack Dam # , Lake Stockholm Asso # , Affordable Housing Trust # , Animal Control Account # , General Capital Account # ,200, Assessment Trust Account# , TD BANK Current Fund Account # , Other Trust Fund Account # , NEW JERSEY CASH MANAGEMENT FUND Current Fund 398, TOTAL 9,793, Note: Sections N.J.S. 40A:461, 40A:462 and 40A:463 of the Local Budget Law that separate bank accounts be maintained for each allocated fund. Sheet 9a

17 Sheet 10 MUNICIPALITIES AND COUNTIES FEDERAL AND STATE GRANTS RECEIVABLE Balance 2016 Received Transferred Canceled Balance Grant Jan. 1, 2016 Budget from Dec. 31, 2016 Revenue Realized Unappropriated Reserves Municipal Alliance on Drugs & Alcohol 23, , , , Clean Communities Grant 3, , Drive Sober or Get Pulled Over 4, , Recycling Tonnage Grant 9, , Special Legislative Grant Interest NJ DOT Grant Bunn Road 27, , State Body Armor Grant 2, , Municipal Court Alcohol Rehab Hazard Mitigation Grant 187, , NJDCA ROID Grant 5, , Totals 243, , , , ,315.37

18 Sheet 11 SCHEDULE OF APPROPRIATED RESERVES FOR FEDERAL AND STATE GRANTS Balance Transferred from 2016 Balance Grant Jan. 1, 2016 Budget Appropriations Expended Cancel Dec. 31, 2016 Budget Appropriations Receipts By 40a:487 CLEAN COMMUNITIES 16, , , , RECYCLING TONNAGE GRANT 5, , , DRUNK DRIVING ENFORCEMENT FUND 7, , MUNICIPAL ALLIANCE ON DRUGS STATE SHARE 11, , , , MUNICIPAL ALLIANCE ON DRUGS LOCAL SHARE 2, , MUNICIPAL ALLIANCE ON DRUGS Franklin SHARE 2, , , ALCCHOL EDUCATION & REHABILITATION FUND 5, , BODY ARMOR GRANT , , (0.00) SPEC. LEG. GRANT WALLKILL RIVER CLEANUP 3,190, , ,177, Storm Water Management Drive Sober or Get Pulled Over 4, , SPEC. LEG. GRANT INTEREST 76, , Hazarrd Mitigation 187, , Make It Click 7, , NJDCA ROID Grant 5, , Totals 3,517, , , , ,318,114.77

19 Sheet 11a SCHEDULE OF APPROPRIATED RESERVES FOR FEDERAL AND STATE GRANTS Balance Transferred from 2016 Balance Grant Jan. 1, 2016 Budget Appropriations Receipts Expended Dec. 31, 2016 Budget Appropriations By 40a:487 3,517, , , , ,318, Totals 3,517, , , , ,318,114.77

20 Sheet 12 SCHEDULE OF UNAPPROPRIATED RESERVES FOR FEDERAL AND STATE GRANTS Balance Transferred to 2016 Balance Grant Jan. 1, 2016 Budget Appropriations Received Cancel Dec. 31, 2016 Budget Appropriations By 40a:487 State Recycling Grant 9, , Interest on Special Legislative Grant CLEAN COMMUNITIES 3, , , , Drunk Driving Enforcement Fund 3, , Body Armor Grant 2, , , , ALCCHOL EDUCATION & REHABILITATION FU Drive Sober or Get Pulled Over 4, , , , Totals 25, , , ,339.90

21 *LOCAL DISTRICT SCHOOL TAX DEBIT CREDIT Balance January 1, 2016 xxxxxxxxxx xxxxxxxxxx School Tax Payable # xxxxxxxxxx School Tax Deferred (Not in excess of 50% of Levy ) xxxxxxxxxx Levy School Year July 1, 2016 June 30, 2017 xxxxxxxxxx Levy Calendar Year 2016 xxxxxxxxxx 10,207, Paid 10,207, Balance December 31, 2016 xxxxxxxxxx xxxxxxxxxx School Tax Payable # xxxxxxxxxx School Tax Deferred (Not in excess of 50% of Levy ) xxxxxxxxxx *Not Including Type I school debt service, emergency authorizationsschools, transfer to Board of Education for use of local schools 10,207, ,207, # Must Include unpaid requisitions MUNICIPAL OPEN SPACE TAX DEBIT CREDIT Balance January 1, xxxxxxxxxx 2016 Levy xxxxxxxxxx N/A Interest Earned xxxxxxxxxx Expended xxxxxxxxxx Balance December 31, xxxxxxxxxx Sheet 13

22 REGIONAL SCHOOL TAX (Provide a separate statement for each Regional District involved) DEBIT CREDIT Balance January 1, 2016 xxxxxxxxxx xxxxxxxxxx School Tax Payable # xxxxxxxxxx School Tax Deferred (Not in excess of 50% of Levy ) xxxxxxxxxx Levy School Year July 1, 2016 June 30, 2017 Levy Calendar Year 2016 xxxxxxxxxx xxxxxxxxxx Paid N/A Balance December 31, 2016 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, 2016 xxxxxxxxxx xxxxxxxxxx School Tax Payable # xxxxxxxxxx School Tax Deferred (Not in excess of 50% of Levy ) xxxxxxxxxx Levy School Year July 1, 2016 June 30, 2017 xxxxxxxxxx Levy Calendar Year 2016 xxxxxxxxxx 4,970, Paid 4,970, xxxxxxxxxx Balance December 31, 2016 xxxxxxxxxx xxxxxxxxxx School Tax Payable # xxxxxxxxxx School Tax Deferred (Not in excess of 50% of Levy ) xxxxxxxxxx # Must include unpaid requisitions 4,970, ,970, Sheet 14

23 COUNTY TAXES PAYABLE DEBIT CREDIT Balance January 1, 2016 xxxxxxxxxx xxxxxxxxx County Taxes xxxxxxxxxx Due County for Added and Omitted Taxes xxxxxxxxxx 16, Levy: xxxxxxxxxx xxxxxxxxx General County xxxxxxxxxx 5,643, County Library xxxxxxxxxx 355, County Health xxxxxxxxxx 152, County Open Space Preservation xxxxxxxxxx 26, Due County for Added and Omitted Taxes xxxxxxxxxx 7, Paid 6,194, xxxxxxxxx Balance December 31, 2016 xxxxxxxxxx xxxxxxxxx County Taxes xxxxxxxxx Due County for Added and Omitted Taxes 7, xxxxxxxxx 6,202, ,202, SPECIAL DISTRICT TAXES DEBIT CREDIT Balance January 1, xxxxxxxxxx 2016 Levy: (List Each Type of District Tax Separately see Footnote) xxxxxxxxxx xxxxxxxxx Fire xxxxxxxxxx xxxxxxxxx Sewer xxxxxxxxxx xxxxxxxxx Water N/A xxxxxxxxxx xxxxxxxxx Garbage xxxxxxxxxx xxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxx xxxxxxxxx xxxxxxxxx Total 2016 Levy xxxxxxxxxx Paid xxxxxxxxx Balance December 31, xxxxxxxxx Footnote: Please state the number of districts in each instance. Sheet 15

24 STATE LIBRARY AID RESERVE FOR MAINTENANCE OF FREE PUBLIC LIBRARY WITH STATE AID DEBIT CREDIT Balance January 1, xxxxxxxxxx State Library Aid Received in xxxxxxxxxx xxxxxxxxxx NOT APPLICABLE Expended xxxxxxxxxx Balance December 31, RESERVE FOR EXPENSE OF PARTICIPATION IN FREE COUNTY LIBRARY WITH STATE AID Balance January 1, xxxxxxxxxx xxxxxxxxxx State Library Aid Received in xxxxxxxxxx NOT APPLICABLE Expended xxxxxxxxxx Balance December 31, RESERVE FOR AID TO LIBRARY OR READING ROOM WITH STATE AID (N.J.S.A.40:5435) Balance January 1, xxxxxxxxxx State Library Aid Received in xxxxxxxxxx xxxxxxxxxx NOT APPLICABLE Expended xxxxxxxxxx Balance December 31, RESERVE FOR LIBRARY SERVICES WITH FEDERAL AID Balance January 1, xxxxxxxxxx State Library Aid Received in xxxxxxxxxx xxxxxxxxxx NOT APPLICABLE Expended xxxxxxxxxx Balance December 31, Sheet 16

25 STATEMENT OF GENERAL BUDGET REVENUES 2016 Source Budget Realized Excess or Deficit * Surplus Anticipated , , Surplus Anticipated with Prior Written Consent of Director of Local Government Miscellaneous Revenue Anticipated: xxxxxxxxxx xxxxxxxxxx xxxxxxxxx Adopted Budget 2,096, ,208, , Added by N.J.S. 40A:487: (List on 17a) xxxxxxxxxx xxxxxxxxxx xxxxxxxxx See Sheet 17 a Total Miscellaneous Revenue Anticipated ,096, ,208, , Receipts from Delinquent Taxes , , , Amount to be Raised by Taxation: xxxxxxxxxx xxxxxxxxxx xxxxxxxxx (a) Local Tax for Municipal Purposes ,292, xxxxxxxxxx xxxxxxxxx (b) Addition to Local District School Tax xxxxxxxxxx xxxxxxxxx Total Amount to be Raised by Taxation ,292, ,497, , ,706, ,048, , ALLOCATION OF CURRENT TAX COLLECTIONS DEBIT CREDIT Current Taxes Realized in Cash (Total of Item 10 or 14 on Sheet 22) xxxxxxxxxx 28,186, Amount to be Raised by Taxation xxxxxxxxxx xxxxxxxxx Local District School Tax ,207, xxxxxxxxx Regional School Tax xxxxxxxxx Regional High School Tax ,970, xxxxxxxxx County Tax ,178, xxxxxxxxx Due County for Added and Omitted Taxes , xxxxxxxxx Special District Taxes xxxxxxxxx Municipal Open Space Taxes xxxxxxxxx Reserve for Uncollected Taxes xxxxxxxxxx 675, Deficit in Required Collection of Current Taxes (or) xxxxxxxxxx Balance for Support of Municipal Budget (or) ,497, xxxxxxxxx *Excess NonBudget Revenue (see footnote) xxxxxxxxx *Deficit NonBudget Revenue (see footnote) xxxxxxxxxx *These items are applicable only when there is no "Amount to be Raised by Taxation" in the "Budget" column of the statement at the top of this sheet. In such instances, any excess or deficit in the above allocated would apply to "Non Budget Revenue" only. 28,861, ,861, Sheet 17

26 STATEMENT OF GENERAL BUDGET REVENUES 2016 (Continued) Miscellaneous Revenues Anticipated: Added By N.J.S. 40 A:487 Source Budget Realized Excess or Deficit N/A Total (Sheet 17) 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:487 and matching funds have been provided if applicable. CFO Sinature: Sheet 17a

27 STATEMENT OF GENERAL BUDGET APPROPRIATIONS Budget as Adopted ,706, Budget Added by N.J.S. 40A: Appropriated for 2016 (Budget Statement Item 9) ,706, Appropriated for 2016 by Emergency Appropriation (Budget Statement Item 9) Total General Appropriations (Budget Statement Item 9) ,706, Add: Overexpenditures (see footnote) Total Appropriations and Overexpenditures ,706, Deduct Expenditures: Paid or Charged [Budget Statement Item (L)] ,452, Paid or Charged Reserve for Uncollected Taxes , Reserved , Total Expenditures ,706, 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) 2016 Authorizations N.J.S. 40A:446 (After adoption of budget) N.J.S. 40A:420 (Prior to adoption of budget) Total Authorizations Deduct Expenditures: N/A Paid or Charged Reserved Total Expenditures Sheet 18

28 RESULTS OF 2016 OPERATION CURRENT FUND Debit Credit Excess of anticipated Revenues: XXXXXXXX XXXXXXXX Miscellaneous Revenues anticipated XXXXXXXX 111, Delinquent Tax Collections XXXXXXXX 25, XXXXXXXX Required Collection of Current Taxes XXXXXXXX 204, Unexpended Balances of 2016 Budget Appropriations XXXXXXXX 0.67 Miscellaneous Revenues Not Anticipated XXXXXXXX 528, Miscellaneous Revenues Not Anticipated Proceeds of Sale of Foreclosed Property (Sheet 27) XXXXXXXX Payments in Lieu of Taxes on Real Property XXXXXXXX Sale of Municipal Assets XXXXXXXX Unexpended Balances of 2015 Appropriation Reserves XXXXXXXX 60, Prior Years Interfunds Returned in XXXXXXXX Cancel Escrow Balances XXXXXXXX Exces State Grants XXXXXXXX XXXXXXXX Deferred School Tax Revenue: (See School Taxes, Sheets 13 & 14) XXXXXXXX XXXXXXXX Balance January 1, XXXXXXXX Balance December 31, XXXXXXXX Deficit in Anticipated Revenues: XXXXXXXX XXXXXXXX Miscellaneous Revenues Anticipated XXXXXXXX Delinquent Tax Collections XXXXXXXX XXXXXXXX Required Collections of Current Taxes XXXXXXXX Interfund Advances Originating in XXXXXXXX Prior Year Revenue 1, XXXXXXXX Cancell Grants Receivable XXXXXXXX XXXXXXXX XXXXXXXX Deficit Balance To Trial Balance (Sheet 3) XXXXXXXX Surplus Balance To Surplus (Sheet 21) , XXXXXXXX 930, , Sheet 19

29 SCHEDULE OF MISCELLANEOUS REVENUES NOT ANTICIPATED SOURCE Amount Realized Planning Board Fees 39, CABLE TV FRANCHISE 32, MISCELLANEOUS REFUNDS 10, CLERK MISCELLANEOUS 13, Sale of Assets 9, Police Fees 1, Zoning Permits 3, COLLECTOR RECEIPTS Board Health Fees 7, Zoning Board Fees 4, Soil Logs NJ Hotel Tax 396, Payment in Lieu of Taxes Recycling Receipts 4, Administration Fees NJ Veterans & Senior Citizens Deductions 1, Void Checks Interest on Delinquent Assessment 1, Total Amount of Miscellaneous Revenues Not Anticipated (Sheet 19) $ 528, Sheet 20

30 SURPLUS CURRENT FUND YEAR 2016 Debit Credit 1. Balance January 1, XXXXXXXX 1,589, XXXXXXXX 3. Excess Resulting from 2016 Operations XXXXXXXX 929, Amount Appropriated in the 2016 Budget Cash , XXXXXXXX 5. Amount Appropriated in 2016 Budget with Prior Written Consent of Director of Local Government Services XXXXXXXX 6. XXXXXXXX 7. Balance December 31, ,780, XXXXXXXX 2,518, ,518, ANALYSIS OF BALANCE DECEMBER 31, 2016 (FROM CURRENT FUND TRIAL BALANCE) Cash ,308, Investments Sub Total 6,308, Deduct Cash Liabilities Marked with "C" on Trial Balance ,528, Cash Surplus ,780, 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 ,780, WOULD ALSO BE PLEDGED TO CASH LIABILITIES. # MAY NOT BE ANTICIPATED AS NON CASH SURPLUS IN 2017 BUDGET. (1) MAY BE ALLOWED UNDER CERTAIN CONDITIONS. NOTE: Deferred charges for authorizations under N.J.S. 40A:455 (Tax Map ect.), N.J.S. 40A:455 (Flood Damage, ect.), N.J.S. 40A:455.1 (Roads and Bridges, ect.) and N.J.S. 40A: (Public Exigencies, ect.) 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

31 (FOR MUNICIPALITIES ONLY) CURRENT TAXES 2016 LEVY 1. Amount of Levy as per Duplicate (Analysis) # $ 28,654, or (Abstract of Ratables) Amount of Levy Special District Taxes Amount Levied for Omitted Taxes under N.J.S.A. 54: et seq $ 34, Amount Levied for Added Taxes under N.J.S.A. 54:463.1 et. seq a. Subtotal 2016 Levy 5b. Reductions due to tax appeals $ $ 28,688, , Total 2016 Levy $ 28,668, Transferred to Tax Title Liens $ 7. Transferred to Foreclosed Property Remitted, Abated or Canceled $ 9. Discount Allowed Collected in Cash: In $ 293, In 2016 * $ 27,824, State's Share of 2016 Senior Citizens and Veterans Deductions Allowed $ 68, R.E.A.P Revenue $ Total To Line $ 28,186, Total Credits $ 28,186, Amount Outstanding December 31, $ 482, Percentage of Cash Collections to Total 2016 Levy, (Item 10 divided by Item 5)is 98.32% : If municipality conducted Accelerated Tax Sale or Tax Levy Sale check here and complete sheet 22a 14. Calculation of Current Taxes Realized in Cash: Total of Line 10 $ 28,186, Less: Reserve for Tax Appeals Pending State Division of Tax Appeals To Current Taxes Realized in Cash (Sheet 17) $ 28,186, Note A: In showing the above percentage the following should be noted: Where Item 5 shows $1,5000,000.00, and Item 10 shows $1,049,977.50, the percentage represented by the cash collections would be $1,049, / $1,500, 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 2016 collections. ** Tax appeals pursuant to R.S. 54:321 et seq and/or R.S. 54:481 etseq approved by esolution of the governing body prior to introduction of municipal budget. Sheet 22

32 ACCELERATED TAX SALE / TAX LEVY SALE CHAPTER 99 To Calculate Underlying Tax Collection Rate For 2016 Utilize this sheet only if you conducted an accelerated Tax Sale or Tax Levy Sale pursuant to Chapter 99, P.L (1) Utilizing Accelerated Tax Sale NOT APPLICABLE Total of Line 10 Collected in Cash (sheet 22) $ LESS: Proceeds from Accelerated Tax Sale.. NET Cash Collected $ Line 5c (sheet 22) Total 2016 Tax Levy $ Percentage of Collection excluding Accelerated Tax Sale Proceeds (Net Cash Collected divided by Item 5c) is.. % (2) Utilizing Tax Levy Sale NOT APPLICABLE Total of Line 10 Collected in Cash (sheet 22) $ LESS: Proceeds from Accelerated Tax Levy Sale(excluding premium).. NET Cash Collected $ Line 5c (sheet 22) Total 2016 Tax Levy $ Percentage of Collection excluding Accelerated Tax Sale Proceeds (Net Cash Collected divided by Item 5c) is.. % Sheet 22a

33 SCHEDULE OF DUE FROM/TO STATE OF NEW JERSEY FOR SENIOR CITIZENS AND VETERANS DEDUCTIONS Debit Credit 1. Balance January 1, 2016 XXXXXXXX XXXXXXXX Due From State of New Jersey XXXXXXXX Due To State of New Jersey XXXXXXXX 5, Sr. Citizens Deductions Per Tax Billings 8, XXXXXXXX 3. Veterans Deductions Per Tax Billings 60, XXXXXXXX 4. Sr. Citizens Deductions Allowed By Tax Collector XXXXXXXX 5. Veterans Deductions Allowed By Tax Collector 6. Veterans Deductions Disallowed By Tax Collector 7. Sr. Citizens Deductions Disallowed By Tax Collector XXXXXXXX 8. Sr. Citizens Deductions Disallowed By Tax Collector 2015 Taxes XXXXXXXX 1, Received in Cash from State XXXXXXXX 70, Balance December 31, 2016 XXXXXXXX XXXXXXXX Due From State of New Jersey XXXXXXXX Due To State of New Jersey 8, XXXXXXXX 77, , Calculation of Amount to be included on Sheet 22, Item Senior Citizens and Veterans Deductions Allowed Line 2 8, Line 3 60, Line 4 & 5 Sub Total 68, Less: Line 6 & 7 To Item 10, Sheet 22 68, Sheet 23

34 SCHEDULE OF RESERVE FOR TAX APPEALS PENDING N.J. DIVISION OF TAX APPEALS (N.J.S.A. 54:327) Debit Credit Balance January 1, 2016 XXXXXXXX Taxes Pending Appeals XXXXXXXX XXXXXXXX Interest Earned on Taxes Pending Appeals XXXXXXXX XXXXXXXX Contested Amount of 2016 Taxes Collected which are Pending State Appeal (Item 14, Sheet 22) XXXXXXXX Interest Earned on Taxes Pending State Appeals XXXXXXXX NOT APPLICABLE Cash Paid to Appellants (Including 5% Interest from Date of Payment) Closed to Results of Operations (Portion of Appeal won by Municipality, including Interest) XXXXXXXX XXXXXXXX Balance December 31, 2016 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, 2016 Signature of Tax Collector License # Date Sheet 24

35 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 accelelrated tax sale for the first time in the current year. A. Reserve for Uncollected Taxes (sheet 25, Item12) $ B. Reserve for Uncollected Taxes Exclusion: Oustandind Balance of Delinquant Taxes (sheet 26, Item 14A) x % of $ collection (Item 16) NOT APPLICABLE C. TIMES: % of increase of Amount to be Raised by Taxes over Prior Year % [( 2017 Estimated Total Levy 2016 Total Levy) / 2016 Total Levy] D. Reserve for Uncollected Taxes Exclusion Amount $ [(B x C) + B] E. Net Reserve for Uncollected Taxes Appropriation in Current Budget $ (AD) 2017 Reserve for Uncollected Taxes Appropriation Calculation (Actual) 1. Subtotal General Apropriations (item *(L) budget sheet 29) $ 2. Taxes not Included in the Budget (AFS 25, items 2 thur 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

36 SCHEDULE OF DELINQUENT TAXES AND TAX TITLE LIENS Debit Credit 1. Balance January 1, , XXXXXXXX A. Taxes , XXXXXXXX XXXXXXXX B. Tax Title Liens , XXXXXXXX XXXXXXXX 2. Canceled: XXXXXXXX XXXXXXXX A. Taxes XXXXXXXX B. Tax Title Liens XXXXXXXX 3. Transferred to Foreclosed Tax Title Liens: XXXXXXXX XXXXXXXX A. Taxes XXXXXXXX B. Tax Title Liens XXXXXXXX 4. Added Taxes , XXXXXXXX 5. Added Tax Title Liens XXXXXXXX 6. Adjustment between Taxes (Other than current year) and Tax Title Liens: XXXXXXXX XXXXXXXX A. Taxes Transfers to Tax Title Liens XXXXXXXX (1) B. Tax Title Liens Transfers from Taxes (1) XXXXXXXX 7. Balance Before Cash Payments XXXXXXXX 946, Totals 946, , Balance Brought Down 946, XXXXXXXX 10. Collected: XXXXXXXX 605, A. Taxes , XXXXXXXX XXXXXXXX B. Tax Title Liens XXXXXXXX XXXXXXXX 11. Interest and Costs 2016 Tax Sale XXXXXXXX Taxes Transferred to Liens XXXXXXXX Taxes , XXXXXXXX 14. Balance December 31, 2016 XXXXXXXX 823, A. Taxes , XXXXXXXX XXXXXXXX B. Tax Title Liens , XXXXXXXX XXXXXXXX 15. Totals 1,429, ,429, Percentage of Cash Collections to Adjusted Amount Outstanding (Item No.10 divided by Item No. 9 is 63.95% 17. Item No. 14 multiplied by percentage shown above is $ 526, 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

37 SCHEDULE OF FORECLOSED PROPERTY (PROPERTY ACQUIRED BY TAX TITLE LIEN LIQUIDATION) Debit Credit 1. Balance January 1, , XXXXXXXX 2. Foreclosed or Deeded in 2016 XXXXXXXX XXXXXXXX 3. Tax Title Liens XXXXXXXX 4. Taxes Receivable XXXXXXXX 5A XXXXXXXX 5B XXXXXXXX 6. Adjustment to Assessed Valuation XXXXXXXX 7. Adjustment to Assessed Valuation XXXXXXXX 8. Sales XXXXXXXX XXXXXXXX 9. Cash * XXXXXXXX 10. Contract XXXXXXXX 11. Mortgage XXXXXXXX 12. Loss on Sales XXXXXXXX 13. Gain on Sales XXXXXXXX 14. Balance December 31, XXXXXXXX 14, CONTRACT SALES 14, , NOT APPLICABLE Debit Credit 15. Balance January 1, XXXXXXXX Sales from Foreclosed Property XXXXXXXX 17. Collected * XXXXXXXX XXXXXXXX 19. Balance December 31, XXXXXXXX MORTGAGE SALES NOT APPLICABLE Debit Credit 20. Balance January 1, XXXXXXXX Sales from Foreclosed Property XXXXXXXX 22. Collected * XXXXXXXX XXXXXXXX 24. Balance December 31, XXXXXXXX Analysis of Sale of Property: *Total Cash Collected in 2016 ( ) Realized in 2016 Budget To Results of Operation (Sheet 19) Sheet 27

38 DEFERRED CHARGES MANDATORY CHARGES ONLY CURRENT,TRUST,AND GENERAL CAPITAL FUNDS (Do not include the emergency authorizations pursuant to N.J.S. 40A:455, N.J.S. 40A:455.1 or N.J.S. 40A: listed on Sheets 29 and 30.) Amount Caused By Dec. 31, 2015 Amount in Amount Balance per Audit 2016 Resulting as at Report Budget from 2016 Dec. 31, Emergency Authorization Municipal * $ $ 2. Emergency Authorizations Schools 3. $ $ $ N/A *Do not include items funded or refunded as listed below. EMERGENCY AUTHORIZATIONS UNDER N.J.S. 40A:447 WHICH HAVE BEEN FUNDED OR REFUNDED UNDER N.J.S. 40A:23 OR N.J.S. 40A:251 $ $ $ $ $ $ $ $ Date Purpose Amount 1. N/A JUDGMENTS ENTERED AGAINST MUNICIPALITY AND NOT SATISFIED Appropriated for in Budget of In favor of On Account of Date Entered Amount Year N/A Sheet 28

39 Sheet 29 N.J.S. 40A:453 SPECIAL EMERGENCY TAX MAP; REVALUATION; MASTER PLAN; REVISION AND CODIFICATION OF ORDINANCES; DRAINAGE MAPS FOR FLOOD CONTROL; PRELIMINARY ENGINEERING STUDIES, ECT. FOR SANITARY SEWER SYSTEM; MUNICI PAL CONSOLIDATION ACT; FLOOD OR HURRICANE DAMAGE. Not Less Than Date Purpose Amount 1/5 of Amount Balance REDUCED IN 2016 Balance Authorized Authorized * Dec. 31, 2015 By 2016 Canceled Dec. 31, 2016 Budget by Resolution N/A 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:453 et seq. and are recorded on this page Chief Financial Officer * Not less than onefifth (1/5) of amount authorized but not more than the amount shown in the column "Balance Dec " must be entered here and then raised in the 2017 budget.

40 Sheet 30 N.J.S. 40A:455.1,ET SEQ., SPECIAL EMERGENCY DAMAGE CAUSED TO ROADS OR BRIDGES BY SNOW, ICE, FROST OR FLOOD N.J.S. 40A:455.1,ET SEQ., SPECIAL EMERGENCY PUBLIC EXIGENCIES CAUSED BY CIVIL DISTURBANCES Not Less Than Date Purpose Amount 1/3 of Amount Balance REDUCED IN 2016 Balance Authorized Authorized * Dec. 31, 2015 By 2016 Canceled Dec. 31, 2016 Budget by Resolution N/A 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:455.1 et seq. and N.J.S. 40A: et seq. and are recorded on this page Chief Financial Officer * Not less than onethird (1/3) of amount authorized but not more than the amount shown in the column "Balance Dec " must be entered here and then raised in the 2017 budget.

41 SCHEDULE OF BONDS ISSUED AND OUTSTANDING AND 2017 DEBT SERVICE FOR BONDS (COUNTY) (MUNICIPAL) GENERAL CAPITAL BONDS 2017 Debt Debit Credit Service Outstanding January 1, XXXXXXXX 8,860, Issued XXXXXXXX Paid , XXXXXXXX Refunding Bond Outstanding, December 31, ,195, XXXXXXXX 8,860, ,860, Bond Maturities General Capital Bonds $ 685, Interest on Bonds * $ 262, ASSESSMENT DEP LOAN Outstanding January 1, XXXXXXXX 559, Issued XXXXXXXX Paid , XXXXXXXX N/A Outstanding, December 31, , XXXXXXXX 559, , Bond Maturities Assessment Dep Loans , Interest on Bonds * Total "Interest on Bonds Debt Service " (*Items) $ 262, LIST OF BONDS ISSUED DURING 2016 Date of Interest Purpose 2017 Maturity Amount Issued Issue Rate N/A Total Sheet 31

42 SCHEDULE OF LOANS ISSUED AND OUTSTANDING AND 2017 DEBT SERVICE FOR LOANS (COUNTY) (MUNICIPAL) GENERAL CAPITAL LOAN 2017 Debt Debit Credit Service Outstanding January 1, XXXXXXXX Issued XXXXXXXX Paid XXXXXXXX N/A Outstanding, December 31, XXXXXXXX 2017 Loan Maturities General Capital Loans Interest on Loans * Total 2017 Debit Service for General Capital Loan $ LOANS Outstanding January 1, XXXXXXXX Issued XXXXXXXX Paid XXXXXXXX N/A Outstanding, December 31, XXXXXXXX 2017 Loan Maturities Loans Interest on Loans * Total 2017 Debit Service for Loan $ LIST OF LOANS ISSUED DURING 2016 Date of Interest Purpose 2017 Maturity Amount Issued Issue Rate N/A Total Sheet 31a

43 SCHEDULE OF BONDS ISSUED AND OUTSTANDING AND 2017 DEBT SERVICE FOR BONDS TYPE 1 SCHOOL TERM BONDS Outstanding January 1, XXXXXXXX 2017 Debt Debit Credit Service Paid XXXXXXXX NOT APPLICABLE Outstanding, December 31, XXXXXXXX 2017 Bond Maturities Term Bonds Interest on Bonds * TYPE 1 SCHOOL SERIAL BOND Outstanding January 1, XXXXXXXX Issued XXXXXXXX Paid XXXXXXXX NOT APPLICABLE Outstanding, December 31, XXXXXXXX 2017 Interest on Bonds * Bond Maturities Serial Bonds Total "Interest on Bonds Type 1 School Debt Service" (*Items) $ LIST OF BONDS ISSUED DURING Maturity Amount Issued Date of Interest Purpose Issue Rate NOT APPLICABLE Total INTEREST REQUIREMENT CURRENT FUND DEBT ONLY Outstanding Dec. 31, Interest Requirement 1. Emergency Notes Special Emergency Notes Tax Anticipation Notes N/A 4. Interest on Unpaid State and County Taxes Sheet 32

44 Sheet 33 DEBT SERVICE FOR NOTES (OTHER THAN ASSESSMENT NOTES) Original Original Amount Date Rate 2017 Budget Requirements Interest Title or Purpose of Issue Amount Date of of Note of of Computed to Issued Issued* Outstanding Maturity Interest For Principal For Interest (Insert Date Dec. 31, 2016 ** 1. N/A Totals Memo: Designate all "Capital Notes" Issued under N.J.S. 40A:28(b) with "C". Such notes must be retired at the rate of 20% of the original amount issued annually Memo: Type 1 School Notes should be separately listed and totaled. * Original Date of Issue" refers to the date when the first money was borrowed for a particular Improvement, not the renewal date of subsequent notes which were Issued. All notes with an original date of Issue of 2014 or prior require one legally payable Installment to be budgeted if it is contemplated that such notes will be renewed in 2017 or written intent of permanent financing submitted with statement. ** If Interest on notes is financed by ordinance, designate same, otherwise an amount must be included in this column. (Do not crowd add additional sheets)

45 Sheet 34 DEBT SERVICE SCHEDULE FOR ASSESSMENT NOTES Original Original Amount Date Rate 2017 Budget Requirements Interest Title or Purpose of Issue Amount Date of of Note of of Computed to Issued Issued* Outstanding Maturity Interest For Principal For Interest (Insert Date Dec. 31, 2016 ** NOT APPLICABLE Totals Memo: * See Sheet 33 for clarification of "Original Date of Issue" Assessment Notes with an original date of issue of December 31, 2012 or prior must be appropriated in full in the 2017 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". (Do not crowd add additional sheets)