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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 19,994, Due from State of N.J. Chap.73,P.L.1976 Receivables with Offsetting Reserves: Taxes Receivable 1,715, Tax Title Liens Receivable 347, Property Acquired for Taxes Assessed Valuation 1,087, Revenue Accounts Receivable 35, Deferred Charges: Emergency Authorization N.J.S. 40A:447 Emergency Authorization N.J.S. 40A: , Operating Deficit (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 Appropriation Reserves 4,006, Reserve for Encumbrances 988, Prepaid Taxes 1,157, Tax Overpayments 2, Accounts Payable 129, Due to Grant Fund 76, Due from State of N.J. Chap.73,P.L , Due to State Marriage Licenses Due to State State Training Fees 31, Prepaid Licenses Reserve for Route 33 Master Plan 27, Due County for Added Taxes Local School District Taxes Payable Reserve for Codification of Ordinances 17, Reserve for Master Plan 89, Reserve for Tax Appeals 400, Reserve for Proceeds from Sale of Municipal Assets 35, Subtotal 6,986, "C" Emergency Notes Payable Reserve for Receivables 3,185, Fund Balance 13,198, ,370, ,370, (Do not crowd add additional sheets) Sheet 3a

8 POST CLOSING TRIAL BALANCE PUBLIC ASSISTANCE FUND ACCOUNTS #1 AND #2* AS AT DECEMBER 31, 2016 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

9 POST CLOSING TRIAL BALANCE FEDERAL AND STATE GRANTS AS AT DECEMBER 31, 2016 Title of Account Debit Credit Due From Current Fund 76, Grants Receivable 368, Encumbrances Payable 32, Reserve for Grants: Appropriated 276, Unappropriated 136, , , (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 Account Debit Credit Animal Control Trust Fund Cash 41, Due to State of New Jersey Reserve for Encumbrances 8, Reserve for Animal Control Fund Expenditures 33, , , Other Trust Fund Cash 34,849, CashUtility 4,250, Due From HCD Grant 417, Due From Water Sewer Operating 84, Trust Fund Deposits and Reserves 21,341, Reserve for Self Insurance 599, Reserve for Payroll Deposits 297, Reserve for Unemployment 222, Reserve for Developer's Escrow 12,033, Reserve for Community Development 386, Reserve for Developer's Escrow Utility 4,144, Due to WaterSewer Capital 1, Reserve for Encumbrances 574, ,601, ,601, (Do not crowd add additional sheets) Sheet 6

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12 Schedule of Trust Fund Reserves Purpose Amount Receipts Disbursements Balance Dec. 31, 2015 as at per Audit Dec. 31, 2016 Report 1. Affordable Housing Trust $ 10,951, ,017, $ 1,181, $ 10,787, Res.for Environ. Dist. Trust 18, , Street Vacations 11, , Public Defender 7, , Municipal Alliance Dare Program 8, , , Shade Tree Replacement 452, , , , Detention Basin Escrow 1,704, , , ,746, Road Opening 34, , , , Other Escrows 16, , , , Donations Rider: 12. Transportation Donations Shade tree Donation 9, , Miscellaneous Donations Police Donations Cultural Arts Donations Historic Pres. Donations 5, , , Animal Control Donations Charlotte Eder Bequest 664, , , DEA Forfeiture Fund 4, , Police Off Duty 202, , , , Police Forfeiture Trust 20, , P.O.A.A. 1, , Recycling Trust 76, , , , Premiums on Tax Sale Cert 1,015, , , ,351, Mining Escrow 9, , Accumulated Absences 71, , , , Open Space Trust Fund 5,756, ,133, ,257, ,632, Storm Recovery Fund 114, , , , Recreation Camp Trips 137, , , Accum. AbsencesUtility 132, , Totals: $ 21,283, $ 4,060, $ 4,002, $ 21,341, Sheet 6b

13 ANALYSIS OF TRUST ASSESSMENT CASH AND INVESTMENTS PLEDGED TO LIABILITIES AND SURPLUS Audit RECEIPTS Title of Liability to which Cash Balance Assessments Current Disbursements Balance and Investments are Pledged Dec. 31, 2015 and Liens Budget Dec. 31, 2016 Assessment Serial Bond Issues: Sheet 7 N/A Assessment Bond Anticipation Note Issues: Other Liabilities Trust Surplus *Less Assets "Unfinanced" *Show as red figure

14 POST CLOSING TRIAL BALANCE GENERAL CAPITAL FUND AS AT DECEMBER 31, 2016 Title of Account Debit Credit Est. Proceeds Bonds and Notes Authorized 12,551, Bonds and Notes Authorized but Not Issued 12,551, Cash 16,239, Deferred Charges to Future Taxation: Funded 54,810, Unfunded 29,151, Grants Receivable 4,290, Due From Developer 92, Green Acres Loan Payable 125, General Serial Bonds 51,815, Bond Anticipation Notes 16,600, MCIA Loans Payable 2,632, MCIA Lease Purchase Agreements 237, Reserve for Encumbrances 4,727, Improvement Authorizations: Funded 5,865, Unfunded 18,351, Capital Improvement Fund 141, Reserve for Receivables 92, Reserve For Roadway Improvements 538, Reserve for Affordable Housing 1,606, Reserve for Debt Service 965, Fund Balance 885, ,136, ,136, (Do not crowd add additional sheets) Sheet 8

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16 CASH RECONCILIATION DECEMBER 31, 2016 (cont'd) LIST BANKS AND AMOUNTS SUPPORTING "CASH ON DEPOSIT" Current Fund TD Bank Current 12,063, Garden State Community Bank 3,572, Provident General Fund 836, Sovereign Bank 4,711, TD Bank 51, ,235, Animal Control TD Bank Dog License Trust 41, Other Trust TD Bank Other Trust 3,173, TD bank Affordable Housing Trust 11,021, TD Bank Detention Basin Trust 1,771, TD Bank Unemployment Trust Fund 202, TD Bank Net Payroll Account 40, TD Bank Payroll Agency Account 274, TD Bank Benefits Plan Account 67, TD Bank Claims Payment Account 348, TD bank Workers Compensation 95, TD Bank Performance Escrow 9,983, TD Bank Engineering Escrow 1,256, TD Bank Professional Escrow 756, TD Bank Planning & Zoning Escrow 16, TD Bank Engineering Escrow 22, TD Bank Open Space Trust 5,955, TD Bank DEA Forfeiture 4, TD Bank Retiree Medical 110, TD Bank Recreation Trust 11, TD Bank Police Forfeiture Account 20, ,132, General Capital Fund TD Bank General Capital 512, First Constitution 596, BCB Bank 13,366, TD Bank Affordable Housing Capital 1,606, ,081, Note: Sections N.J.S. 40A:461, 40A:462 and 40A:463 of the Local Budget Law require that separate bank accounts be maintained for each allocated fund. Sheet 9a

17 CASH RECONCILIATION DECEMBER 31, 2016 (cont'd) LIST BANKS AND AMOUNTS SUPPORTING "CASH ON DEPOSIT" WaterSewer Operating Fund Amboy Bank Collection Account 102, Amboy Bank Revenue Investment 6,509, Amboy Bank Operating Fund 510, Amboy Bank General Fund 314, Garden State Bank General Fund 1,842, Amboy Bank Bond Service 194, Garden State Bank Rate Stabilization Fund 2,497, Amboy Bank Rate Stabilization Fund ,971, WaterSewer Capital Fund Amboy Bank Capital Fund 2,316, Amboy Bank Bond Reserve 2001 Amboy Bank Renewal and Replacement 1,448, Amboy Bank 2012 Cost of Issuance Amboy Bank Capital Projects 8,554, ,320, WaterSewer Other Trust Funds Amboy Bank Payroll 14, Amboy Bank Conflict Escrow 250, Amboy Bank Winterizer 4, TD Bank Review and Inspection 45, TD Bank Review and Inspection 3,411, Amboy Bank Medical Claims 2, TD Bank Developer reimb 569, ,297, ,082, Note: Sections N.J.S. 40A:461, 40A:462 and 40A:463 of the Local Budget Law require that separate bank accounts be maintained for each allocated fund. Sheet 9a1

18 #REF! MUNICIPALITIES AND COUNTIES FEDERAL AND STATE GRANTS RECEIVABLE Sheet 10 Balance 2016 Received Canceled Balance Grant Jan. 1, 2016 Budget Dec. 31, 2016 Revenue Realized Drunk Driving Enforcement Grant 5, , Sustainable NJ Small Grant 20, , , Senior Outreach 1, , , , Cultural Arts Council 1, , , Recycling Tonnage Grant 92, , Body Armor Grant 4, , Drive Sober or Get Pulled Over2016 5, , , Clean Communities Grant 105, , ANJEC Grant NJ DOT Perrineville Road Sidewalks 99, , Municipal Court Alcohol Rehab. Occupant Protection Click It or Ticket 5, , Year Holiday Crackdown2015 Bulletproof Vest Partnership Program 7, , , , NJ DOT Federal Road 250, , , , , ,996.60

19 SCHEDULE OF APPROPRIATED RESERVES FOR FEDERAL AND STATE GRANTS Grant Transferred from 2016 Budget Appropriations Prior Year Balance Budget Appropriation Encumbrance/ Expended Encumbrance Balance Jan. 1, 2016 By 40A:487 Refunds Payable Canceled Dec. 31, 2016 Drunk Driving Enforcement Fund 7, , , , Clean Communities Grant 19, , , , , Body Armor Grant 5, , , , Municipal Court Alcohol Rehab. 1, , Sheet 11 Senior Outreach 16, , , Cultural Arts Council 4, , Recycling Tonnage Grant 127, , , , , , NJ DOT Perrineville Road Sidewalks 28, , Drive Sober or Get Pulled Over End of 5, , Occupant Protection Click It or Ticket 5, , Drive Sober or Get Pulled Over End of Year Holiday Crackdown Bulletproof Vest Partnership Program 11, , , , Totals

20 SCHEDULE OF APPROPRIATED RESERVES FOR FEDERAL AND STATE GRANTS (cont.) Grant Transferred from 2016 Budget Appropriations Prior Balance Budget Appropriation Year Expended Encumbrance Balance Jan. 1, 2016 By 40A:487 Encumbrance Payable Canceled Dec. 31, 2016 Sustainable New Jersey Small Grant , , , ANJEC Grant 1, Sheet 111 Totals 201, , , , , , ,472.52

21 SCHEDULE OF UNAPPROPRIATED RESERVES FOR FEDERAL AND STATE GRANTS Grant Transferred to 2016 Budget Appropriations Balance Budget Appropriation Received Balance Jan. 1, 2016 By 40A:487 Dec. 31, 2016 Recycling Tonnage Grant 92, , , , Sheet 12 Totals 92, , , ,349.42

22 *LOCAL DISTRICT SCHOOL TAX #REF! Balance January 1, 2016 Debit Credit School Tax Payable # School Tax Deferred (Not in excess of 50% of Levy ) Levy School Year July 1, 2016 June 30, 2017 Levy Calendar Year ,908, Paid 103,908, Balance December 31, 2016 School Tax Payable # School Tax Deferred (Not in excess of 50% of Levy ) * Not including Type 1 school debt service, emergency authorizationsschools, transfer to Board of Education for use of local schools. # Must include unpaid requisitions. 103,908, ,908, MUNICIPAL OPEN SPACE TAX Debit Credit Balance January 1, Levy ,131, Interest Earned Expenditures 1,131, Balance December 31, ,131, ,131, Sheet 13

23 REGIONAL SCHOOL TAX (Provide a separate statement for each Regional District involved) #REF! Debit Credit Balance January 1, 2016 School Tax Payable # School Tax Deferred (Not in excess of 50% of Levy ) Levy School Year July 1, 2016 June 30, 2017 Levy Calendar Year 2016 Paid Balance December 31, 2016 School Tax Payable # School Tax Deferred (Not in excess of 50% of Levy ) # Must include unpaid requisitions. REGIONAL HIGH SCHOOL TAX Debit Credit Balance January 1, 2016 School Tax Payable # School Tax Deferred (Not in excess of 50% of Levy ) Levy School Year July 1, 2016 June 30, 2017 Levy Calendar Year 2016 Paid Balance December 31, 2016 School Tax Payable # School Tax Deferred (Not in excess of 50% of Levy ) # Must include unpaid requisitions Sheet 14 N/A

24 COUNTY TAXES PAYABLE #REF! Debit Credit Balance January 1, 2016 County Taxes Due County for Added and Omitted Taxes Levy: General County ,091, County Library County Health County Open Space Preservation 2,409, Due County for Added and Omitted Taxes , Paid 32,345, Balance December 31, 2016 County Taxes Due County for Added & Omitted Taxes 32,345, ,345, SPECIAL DISTRICT TAXES Debit Credit Balance January 1, Levy: (List Each Type of District Tax Separately see Footnote) Fire ,818, Sewer Water Garbage Open Space Total 2016 Levy ,818, Paid ,818, Balance December 31, ,818, ,818, Footnote: Please state the number of districts in each instance. Sheet 15

25 STATE LIBRARY AID RESERVE FOR MAINTENANCE OF FREE PUBLIC LIBRARY WITH STATE AID #REF! Debit Credit Balance January 1, State Library Aid Received in Expended Balance December 31, RESERVE FOR EXPENSE OF PARTICIPATION IN FREE COUNTY LIBRARY WITH STATE AID Debit Credit Balance January 1, State Library Aid Received in Expended Balance December 31, RESERVE FOR AID TO LIBRARY OR READING ROOM WITH STATE AID (N.J.S.A. 40:5435) Debit Credit Balance January 1, State Library Aid Received in Expended Balance December 31, RESERVE FOR LIBRARY SERVICES WITH FEDERAL AID Debit Credit Balance January 1, State Library Aid Received in Expended Balance December 31, Sheet 16 N/A

26 STATEMENT OF GENERAL BUDGET REVENUES 2016 Source Budget Realized Excess or Deficit* Surplus Anticipated ,500, ,500, Surplus Anticipated with Prior Written Consent of Director of Local Government Miscellaneous Revenue Anticipated: Adopted Budget 11,332, ,062, , Added by N.J.S. 40A:487: (List on 17a) Per attached sheet 150, , Total Miscellaneous Revenue Anticipated ,483, ,213, , Receipts from Delinquent Taxes ,300, ,221, (78,595.00) Amount to be Raised by Taxation: (a) Local Tax for Municipal Purposes ,432, (b) Addition to Local District School Tax (c) Minimum Library Tax ,637, Total Amount to be Raised by Taxation ,070, ,407, ,337, ,353, ,342, ,988, ALLOCATION OF CURRENT TAX COLLECTIONS Debit Credit Current Taxes Realized in Cash (Total of Item 10 or 14 on Sheet 22) ,011, Amount to be Raised by Taxation Local District School Tax ,908, Regional School Tax Regional High School Tax County Taxes ,500, Due County for Added and Omitted Taxes , Special District Taxes ,818, Municipal Open Space Tax ,131, Reserve for Uncollected Taxes ,600, Deficit in Required Collection of Current Taxes (or) Balance for Support of Municipal Budget (or) ,407, *Excess NonBudget Revenue (see footnote) *Deficit NonBudget Revenue (see footnote) ,611, ,611, *These items are applicable only when there is no "Amount to be Raised by Taxation" in the "Budget" column of the statement at the top of this sheet. In such instances, any excess or deficit in the above allocation would apply to "NonBudget Revenue" only. Sheet 17

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28 STATEMENT OF GENERAL BUDGET APPROPRIATIONS Budget as Adopted ,202, Budget Added by N.J.S. 40A: , Appropriated for 2016 (Budget Statement Item 9) ,353, Appropriated for 2016 by Emergency Appropriation (Budget Statement Item 9) , Total General Appropriations (Budget Statement Item 9) ,528, Add: Overexpenditures (see footnote) Total Appropriations and Overexpenditures ,528, Deduct Expenditures: Paid or Charged [Budget Statement Item (L)] ,919, Paid or Charged Reserve for Uncollected Taxes ,600, Reserved ,006, Total Expenditures ,526, 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: Paid or Charged Reserved Total Expenditures Sheet 18

29 RESULTS OF 2016 OPERATIONS CURRENT FUND Debit Credit Excess of anticipated Revenues: Miscellaneous Revenues anticipated , Delinquent Tax Collections Required Collection of Current Taxes ,337, Unexpended Balances of 2016 Budget Appropriations , Miscellaneous Revenue Not Anticipated , Miscellaneous Revenue Not Anticipated: Proceeds of Sale of Foreclosed Property (Sheet 27) Payments in Lieu of Taxes on Real Property Sale of Municipal Assets Unexpended Balances of 2015 Appropriation Reserves ,740, Prior Years Interfunds Returned in Canceled Grant Reserve Balances Deferred School Tax Revenue: (See School Taxes, Sheets 13 & 14) Balance January 1, Balance December 31, Deficit in Anticipated Revenues: Miscellaneous Revenues Anticipated Delinquent Tax Collections , Required Collection of Current Taxes Interfund Advances Originating in Grants Receivable Canceled Prior Year Senior Citizen Deduction Disallowed/ State adjust 6, Prior Year Revenue Refunded 30, Prior year tax refund Total Vet 13, Deficit Balance To Trial Balance (Sheet 3) Surplus Balance To Surplus (Sheet 21) ,950, ,079, ,079, Sheet 19

30 SCHEDULE OF MISCELLANEOUS REVENUES NOT ANTICIPATED SOURCE Amount Realized Administrative FeeSenior Citizens & Veterans 15, Prior Year Reimbursements 4, NSF Fees Cell Tower Lease 59, Facility Rental Fees 10, Police Applications 44, Vending Machine 5, Closeout Prior Year MCIA (No Debt Outstanding) 47, Refunds and Rebates 5, Public Defender Fees 7, Homestead Rebate Reimbursement 3, Sale of Equipment 60, Motor Vehicle Inspections 3, Tax collector fees Miscellaneous 1, Total Amount of Miscellaneous Revenues Not Anticipated (Sheet 19) 269, Sheet 20

31 SURPLUS CURRENT FUND YEAR 2016 #REF! Debit Credit 1. Balance January 1, ,748, Excess Resulting from 2016 Operations ,950, Amount Appropriated in the 2016 Budget Cash ,500, Amount Appropriated in 2016 Budget with Prior Written Consent of Director of Local Govt. Services Balance December 31, ,198, ,698, ,698, ANALYSIS OF BALANCE DECEMBER 31, 2016 (FROM CURRENT FUND TRIAL BALANCE) Cash ,994, Investments SubTotal 19,994, Deduct Cash Liabilities Marked with "C" on Trial Balance ,986, Cash Surplus ,008, 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 , ,198, * IN THE CASE OF A "DEFICIT IN CASH SURPLUS", "OTHER ASSETS WOULD ALSO BE PLEDGED TO CASH LIABILITIES. # MAY NOT BE ANTICIPATED AS NONCASH SURPLUS IN 2017 BUDGET. (1) MAY BE ALLOWED UNDER CERTAIN CONDITIONS. NOTE: Deferred charges for authorizations under N.J.S. 40A:455 (Tax Map, etc.), N.J.S. 40A:455 (Flood Damage, etc.), N.J.S. 40A:455.1 (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

32 (FOR MUNICIPALITIES ONLY) CURRENT TAXES 2016 LEVY 1. Amount of Levy as per Duplicate (Analysis) # ,629, or (Abstract of Ratables) Amount of Levy Special District Taxes ,848, Amount Levied for Omitted Taxes under N.J.S.A. 54: et seq Amount Levied for Added Taxes under N.J.S.A. 54:463.1 et seq ,010, a. Subtotal 2016 Levy 188,489, b. Reductions due to tax appeals ** 5c. Total 2016 Tax Levy ,489, Transferred to Tax Title Liens , Transferred to Foreclosed Property Remitted, Abated or Canceled , Discount Allowed Collected in Cash: In , In 2016 * ,721, Homestead Benefit Credit State's Share of 2016 Senior Citizens and Veterans Deductions Allowed , Total to Line ,411, Total Credits 186,876, Amount Outstanding, December 31, ,612, Percentage of Cash Collections to Total 2016 Levy, (Item 10 divided by Item 5c) is 98.89% 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 ,411, Less: Reserve for Tax Appeals Pending State Division of Tax Appeals 400, To Current Taxes Realized in Cash (Sheet 17) 186,011, 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, 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 et seq approved by resolution of the governing body prior to introduction of municipal budget.(n.j.s.a. 40A:441) Sheet 22

33 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 Total of Line 10 Collected in Cash (sheet 22) $ LESS : Proceeds from Accelerated Tax Sale NET Cash Collected $ N/A Line 5c (sheet 22) Total 2016 Tax Levy $ N/A Percentage of Collection Excluding Accelerated Tax Sale Proceeds (Net Cash Collected divided by Item 5c) is N/A (2) Utilizing Tax Levy Sale Total of Line 10 Collected in Cash (sheet 22) $ LESS: Proceeds from Tax Levy Sale (excluding premium) NET Cash Collected $ Line 5c (sheet 22) Total 2016 Tax Levy $ Percentage of Collection Excluding Tax Levy Sale Proceeds (Net Cash Collected divided by Item 5c) is Sheet 22a N/A

34 SCHEDULE OF DUE FROM/TO STATE OF NEW JERSEY FOR SENIOR CITIZENS AND VETERANS DEDUCTIONS #REF! Debit Credit 1. Balance January 1, 2016 Due From State of New Jersey Due To State of New Jersey 16, Sr. Citizens Deductions Per Tax Billings 79, Veterans Deductions Per Tax Billings 698, Sr. Citizens Deductions Allowed By Tax Collector 4, Veterans Deductions Allowed by Collector 13, Veterans Deductions Allowed by Collector Sr. Citizens Deductions Disallowed By Tax Collector 5, Sr. Citizens Deductions Disallowed By Tax Collector 2015 Taxes 5, Received in Cash from State 789, State Audit Adjustment 1, Balance December 31, 2016 Due From State of New Jersey Due To State of New Jersey 23, , , Calculation of Amount to be included on Sheet 22, Item Senior Citizens and Veterans Deductions Allowed Line 2 79, Line 3 698, Line 4 4, Line 5 13, SubTotal 794, Less: Line 7 5, To Item 10, Sheet , Sheet 23

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36 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 % [(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 $ (A D) 2017 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 N/A

37 SCHEDULE OF DELINQUENT TAXES AND TAX TITLE LIENS #REF! Debit Credit 1. Balance January 1, ,011, A. Taxes ,719, B. Tax Title Liens , Canceled: A. Taxes , B. Tax Title Liens Transferred to Foreclosed Tax Title Liens: A. Taxes B. Tax Title Liens Added Taxes , Added Tax Title Liens , Adjustment between Taxes (Other than current year) and Tax Title Liens: A. Taxes Transfers to Tax Title Liens , B. Tax Title Liens Transfers from Taxes , Balance Before Cash Payments 1,617, Totals 2,037, ,037, Balance Brought Down 1,617, Collected: 1,221, A. Taxes ,206, B. Tax Title Liens , Interest and Costs 2016 Tax Sale , Taxes Transferred to Liens , Taxes ,612, Balance December 31, ,062, A. Taxes ,715, B. Tax Title Liens , Totals 3,284, ,284, Percentage of Cash Collections to Adjusted Amount Outstanding (Item No. 10 divided by Item No. 9) is 75.50% 17. Item No. 14 multiplied by percentage shown above is 1,557, 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

38 SCHEDULE OF FORECLOSED PROPERTY (PROPERTY ACQUIRED BY TAX TITLE LIEN LIQUIDATION) #REF! Debit Credit 1. Balance January 1, ,087, Foreclosed or Deeded in Tax Title Liens Taxes Receivable A B Adjustment to Assessed Valuation Adjustment to Assessed Valuation Sales 9. Cash* Contract Mortgage Loss on Sales Gain on Sales Balance December 31, ,087, ,087, ,087, CONTRACT SALES Debit Credit 15. Balance January 1, Sales from Foreclosed Property Collected* Balance December 31, MORTGAGE SALES Debit Credit 20. Balance January 1, Sales from Foreclosed Property Collected* Balance December 31, Analysis of Sale of Property: *Total Cash Collected in 2016 ( ) Realized in 2016 Budget To Results of Operation (Sheet 19) Sheet 27

39 Amount Caused By Dec. 31, 2015 Amount Amount Balance per Audit 2016 Resulting as at Report Budget from 2016 Dec. 31, Emergency Authorization Municipal* 2. Emergency Authorizations Schools 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.) *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: Date Purpose Amount JUDGEMENTS ENTERED AGAINST MUNICIPALITY AND NOT SATISFIED Appropriated for in Budget of In favor of On Account of Date Entered Amount Year Sheet 28

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41 N.J.S. 40A:55.1, ET SEQ., SPECIAL EMERGENCY DAMAGE CAUSED TO ROADS OR BRIDGES BY SNOW, ICE, FROST OR FLOOD N.J.S. 40A:55.13, ET SEQ., SPECIAL EMERGENCY PUBLIC EXIGENCIES CAUSED BY CIVIL DISTURBANCES Not Less Than REDUCED IN 2016 Amount 1/3 of Amount Balance By 2016 Canceled Balance Date Purpose Authorized Authorized* Dec. 31, 2015 Budget by Resolution Dec. 31, 2016 NONE Sheet 30 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 N/A *Not less than onethird (1/3) of amount authorized but not more than the amount shown in the column "Balance Dec. 31, 2016" must be entered here and then raised in the 2017 budget.

42 SCHEDULE OF BONDS ISSUED AND OUTSTANDING AND 2017 DEBT SERVICE FOR BONDS (COUNTY) (MUNICIPAL) GENERAL CAPITAL BONDS #REF! Debit Credit 2017 Debt Service Outstanding January 1, ,135, Issued Paid ,320, Outstanding, December 31, ,815, ,135, ,135, Bond Maturities General Capital Bonds ,510, Interest on Bonds * ,429, ASSESSMENT SERIAL BONDS Outstanding January 1, Issued Paid Outstanding, December 31, Bond Maturities Assessment Bonds Interest on Bonds * Total "Interest on Bonds Debt Service" (*Items) ,429, LIST OF BONDS ISSUED DURING Amount Date of Interest Purpose Maturity Issued Issue Rate NONE Total Sheet 31

43 SCHEDULE OF BONDS ISSUED AND OUTSTANDING AND 2017 DEBT SERVICE FOR BONDS (COUNTY) (MUNICIPAL) MCIA REVENUE BOND LOANS #REF! Debit Credit 2017 Debt Service Outstanding January 1, ,968, Issued ,272, Paid , Refunded Outstanding, December 31, ,632, ,241, ,241, Maturities MCIA Revenue Bonds , Interest on MCIA Revenue Bonds * , ASSESSMENT SERIAL BONDS Outstanding January 1, Issued Paid Outstanding, December 31, Bond Maturities Assessment Bonds Interest on Bonds * Total "Interest on Bonds Debt Service" (*Items) , LIST OF BONDS ISSUED DURING Amount Date of Interest Purpose Maturity Issued Issue Rate MCIA Revenue Bonds 241, ,272, /29/ % Total 241, ,272, Sheet 311

44 SCHEDULE OF LOANS ISSUED AND OUTSTANDING AND 2017 DEBT SERVICE FOR LOANS (COUNTY) (MUNICIPAL) Green Acres LOAN 0 Debit Credit 2017 Debt Service Outstanding January 1, , Issued Paid , Outstanding, December 31, , , , Loan Maturities , Interest on Loans , Total 2017 Debt Service for _Green Acres , LOAN Outstanding January 1, Issued Paid Outstanding, December 31, Loan Maturities Interest on Loans Total 2017 Debt Service for Loan LIST OF LOANS ISSUED DURING Amount Date of Interest Purpose Maturity Issued Issue Rate NONE Total Sheet 31a

45 SCHEDULE OF BONDS ISSUED AND OUTSTANDING AND 2017 DEBT SERVICE FOR BONDS TYPE I SCHOOL TERM BONDS #REF! Debit Credit 2017 Debt Service Outstanding January 1, Paid Outstanding, December 31, Bond Maturities Term Bonds Interest on Bonds * TYPE I SCHOOL SERIAL BOND Outstanding January 1, Issued Paid Outstanding, December 31, Interest on Bonds * Bond Maturities Serial Bonds Total "Interest on Bonds Type I School Debt Service" (*Items) LIST OF BONDS ISSUED DURING Amount Date of Interest Purpose Maturity Issued 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 N/A

46 T.J. O'Neill O'Neill and Lang 08/08/00 DEBT SERVICE FOR NOTES (OTHER THAN ASSESSMENT NOTES) Amount Title or Purpose of Issue Original Original of Note Date Rate 2017 Budget Requirement Interest Amount Date of Outstanding of of For Principal For Interest Computed to Issued Issue* Dec. 31, 2016 Maturity Interest ** (Insert Date) Recreation and Open Space 1,500, /06/15 4,500, /03/ % 89, /03/ E Links Drive and Forsgate Drive 70, /06/15 70, /03/ % 1, /03/ A Library Books 190, /06/15 190, /03/ % 3, /03/ B 2010 Paving/Sidewalk Program 571, /06/15 571, /03/ % 11, /03/17 Sheet C 2010 Drainage Program 142, /06/15 142, /03/ % 2, /03/ D Traffic Signal Perrineville Rd and Federal Rd 333, /06/15 333, /03/ % 6, /03/ E Traffic Signal Route 522 and Regency 238, /06/15 238, /03/ % 4, /03/ F Improvements to Disbrow Hill Road 25, /06/15 25, /03/ % /03/ G Municipal Facility Improvements 271, /06/15 271, /03/ % 5, /03/ H Intersection Improv. Prospect Plains 08/03/17 and Applegarth Road 20, /06/15 20, /03/ % /03/ A Library Books 190, /06/15 190, /03/ % 3, /03/ B 2012 Paving/Sidewalk Program 571, /06/15 571, /03/ % 11, /03/ C 2012 Drainage Program 142, /06/15 142, /03/ % 2, /03/17 Totals 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 2016 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)

47 T.J. O'Neill O'Neill and Lang 08/08/00 DEBT SERVICE FOR NOTES (OTHER THAN ASSESSMENT NOTES) Amount Title or Purpose of Issue Original Original of Note Date Rate 2017 Budget Requirement Interest Amount Date of Outstanding of of For Principal For Interest Computed to Issued Issue* Dec. 31, 2016 Maturity Interest ** (Insert Date) D Narrow Banding Radio Upgrades 235, /06/15 435, /03/ % 8, /03/ A Library Books 142, /06/15 142, /03/ % 2, /03/ B 2013 Paving/Sidewalk Program 476, /06/15 476, /03/ % 9, /03/ C 2013 Drainage Program 142, /06/15 142, /03/ % 2, /03/ D Cedar Pond Improvements 95, /06/15 95, /03/ % 1, /03/17 Sheet 33A E Municipal Facility Improvements 285, /06/15 285, /03/ % 5, /03/ F Generators Senior Center/Community Center 499, /06/15 499, /03/ % 9, /03/ A Library Books 142, /06/15 142, /03/ % 2, /03/ B 2014 Paving/Sidewalk Program 405, /06/15 904, /03/ % 18, /03/ E Municipal Facilities Improvements 238, /06/15 238, /03/ % 4, /03/ F 911 System Upgrades/Reverse , /06/15 285, /03/ % 5, /03/ G Soccer Field Lighting 285, /06/15 285, /03/ % 5, /03/ Improvements to Outcault Park 73, /04/16 73, /03/ % 1, /03/ Veterans Park Phase II 92, /04/16 92, /03/ % 1, /03/17 Totals 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)

48 T.J. O Neill O Neill and Lang 08/08/00 Amount Title or Purpose of Issue Original Original of Note Date Rate 2017 Budget Requirement Interest Amount Date of Outstanding of of For Principal For Interest Computed to Issued Issue* Dec. 31, 2016 Maturity Interest ** (Insert Date) A Library Books 142, /04/16 142, /03/ % 2, /03/ B 2015 Paving/Sidewalk Program 747, /04/16 747, /03/ % 14, /03/ C 2015 Drainage and GIS Mapping 95, /04/16 95, /03/ % 1, /03/ D Radio System Upgrades 2,580, /04/16 2,580, /03/ % 51, /03/ F DEBT SERVICE FOR NOTES (OTHER THAN ASSESSMENT NOTES) Matchaponix and Spotswood Gravel Hill Road Traffic Signal 91, /04/16 91, /03/ % 1, /03/ G Sidewalks and Curbs Improvements 104, /04/16 104, /03/ % 2, /03/17 Sheet 33B H Soccer Field Fence 47, /04/16 47, /03/ % /03/ A Soccer Complex Improvements 1,142, /04/16 1,142, /03/ % 22, /03/ B Tennis Courts at High School 285, /04/16 285, /03/ % 5, /03/17 Totals 16,600, , 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)

49 DEBT SERVICE SCHEDULE FOR ASSESSMENT NOTES Amount Title or Purpose of Issue Original Original of Note Date Rate 2017 Budget Requirement Interest Amount Date of Outstanding of of For Principal For Interest Computed to Issued Issue* Dec. 31, 2016 Maturity Interest ** (Insert Date) NONE Sheet 34 Totals MEMO: * See Sheet 33 for clarification of "Original Date of Issue" Assessment Notes with an original date of issue of December 31, 2014 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". N/A (Do not crowd add additional sheets)

50 T.J. O'Neill O'Neill and Lang 08/08/00 SCHEDULE OF CAPITAL LEASE PROGRAM OBLIGATIONS Purpose Amount of Lease Obligation Outstanding Dec. 31, 2016 For Principal 2017 Budget Requirement For Interest/Fees 1. Capital Equipment Lease Program , , Capital Equipment Lease Program , , , Capital Equipment Lease Program , , , Capital Equipment Lease Program , , , Sheet 34a 5. Capital Equipment Lease Program , , , Total 237, , , (Do not crowd add additional sheets)

51 SCHEDULE OF IMPROVEMENT AUTHORIZATIONS (GENERAL CAPITAL FUND) IMPROVEMENTS Specify each authorization by purpose. Do not merely designate by a code number. Balance January 1, 2016 Balance December 31, 2016 Expended Authorizations 2016 Authorizations Funded Unfunded Canceled Funded Unfunded See Attached Sheet Sheet 35 Place an * before each item of "Improvement" which represents a funding or refunding of an emergency authorization.

52 T.J. O'Neill O'Neill and Lang 08/08/00 SCHEDULE OF IMPROVEMENT AUTHORIZATIONS (GENERAL CAPITAL FUND) (cont.) Balance January 1, 2016 Balance December 31, 2016 IMPROVEMENTS Expended Authorizations 2009 Authorization Specify each authorization by purpose. Do Funded Unfunded Canceled Funded Unfunded not merely designate by a code number. Sheet 35a Total Place an * before each item of "Improvement" which represents a funding or refunding of an emergency authorization.

53 Exhbit C9 Township of Monroe County of Middlesex, New Jersey General Capital Fund Schedule of Improvement Authorizations 2016 Authorizations Deferred Capital Charges Grants,Refunds Ord. Balance, Dec. 31, Improvement to Future and Other 2016 Balance, Dec. 31, 2016 No. Improvement Description Funded Unfunded Encumbered Fund Taxation Contributions Canceled Encumbered Expended Funded Unfunded Sheet 35A Affordable Housing 2001 $ 20, $ $ $ $ $ $ $ $ $ 20, $ Affordable Housing , , Affordable Housing , , Affordable Housing , , Affordable Housing , , Cultural and Heritage Museum D Historic Site Improvements E Farmland Preservation 47, , Intersection of Applegarth Rd./ Prospect Plains Road 10, , , , Recreation and Open Space 91, , Municipal Complex Improvements 93, , , , A Recreation and Open Space 5,197, , , ,276, , , ,947, B Farmland Preservation 594, , , , , C Historic Site Improvements 5, , D Applegarth Roadway Improvements 10, , , B Intersection of Prospect Plains/Whitt/Concordia 93, , Intersection Gravelhill/Union Valley Roads 202, , , B Intersection of Forsgate Dr./Applegarth Rd./Possum 364, , , , E Curbs and Sidewalks on Spotswood Englishtown Ro 26, , , , F Improvements to Outcalt Park 5, , , , , D Perrineville Road Bridge Replacement , , E Traffic Light at Perrineville Road and Schoolhouse 148, , F Traffic Light at Union Valley Road and Perrineville 387, , , , , G 2003 & Forest Park Drainage Programs 146, , Various Applegarth Road Intersections 7, , , , D Demolition of Old Police Station 20, , , E Federal/N Bergin Mills/Monmouth/SpotswdEnglish 30, , , F Woodcrest Circle Improvements 84, , , , Purchase of Computers B 2005 Road Paving & Sidewalk Program A Library Expansion 4, , B Community Center Addition 39, , , , C New Senior Center 154, , , , , B 2006 Road Paving & Sidewalk C Daniel P. Ryan Field Restrooms 137, , , , D 2006 Drainage Program 115, , , E Dey Farm England House 1, , , , James Monroe Park Improvements 19, , , , , A Expansion of Park and Ride 62, , , , , , C 2007 Paving and Sidewalks 6, , B Construction of EMS Fire Facility Fire District 2 28, , D Farmland Preservation 20, , E Links Drive and Forsgate Drive 4, , Signal Applegarth Rd / Cranbury Station Rd/ Union 423, , , , Open Space Acquisition 288, , , , , B 2008 Paving and Sidewalks C Improvements to Municipal Facilities 118, , , , D Purchase of Radio Equipment 18, , , MCIA Revenue Bonds Equipment

54 Exhbit C9 Township of Monroe County of Middlesex, New Jersey General Capital Fund Schedule of Improvement Authorizations 2016 Authorizations Deferred Capital Charges Grants,Refunds Ord. Balance, Dec. 31, Improvement to Future and Other 2016 Balance, Dec. 31, 2016 No. Improvement Description Funded Unfunded Encumbered Fund Taxation Contributions Canceled Encumbered Expended Funded Unfunded Sheet 35A Veterans Park Phase II 8, , ,687, , ,549, , Computer Equipment/Software 2, , , , Applegarth/Clearbrook Traffic Light 274, , Roads and Sidewalks Program 44, , Forge Road Drainage Improvements 119, , , , A Fuel Management System 15, , B Applegarth Park and Ride 122, , D Perrineville Road Sidewalks 78, , E Drainage/Stormwater/GIS 93, , , MCIA Revenue Bonds Equipment 3, , Oak Tree Baseball Field 11, , LED Lights Municipal Parking Lot 2, , A Purchase of Computers 11, , C 2010 Paving/Sidewalk Program 5, , , , , D 2010 Drainage Program 79, , E Public Safety Base Station 42, , F Daniel P. Ryan Field Restrooms 50, , G Recreation Radio/Sound System 26, , , MCIA Revenue Bonds Equipment 14, , A Library Books 4, , B 2010 Paving/Sidewalk Program 11, , , , C 2010 Drainage Program 120, , , D Traffic Signal Perrineville Rd and Federal Rd 24, , , , , E Traffic Signal Route 522 and Regency 23, , , , F Improvements to Disbrow Hill Road 150, , , , G Municipal Facility Improvements 120, , , , H Intersection Improv. Prospect Plains and Applegarth Road 460, , , , Dey Farm Homestead Property Improvements 101, , , , MCIA Revenue Bonds Equipment 35, , , , MCIA Revenue Bonds Equipment 27, , A Library Books 3, , B 2012 Paving/Sidewalk Program 18, , , , C 2012 Drainage Program 119, , , D Narrow Banding Radio Upgrades 227, , , , A Library Books 2, , B 2013 Paving/Sidewalk Program 14, , , , C 2013 Drainage Program 119, , , , , D Cedar Pond Improvements 304, , , , , , , E Muncipal Facility Improvements 284, , , F Generators Senior Center/Community Center 152, , , , , G Perrineville Rd/Union Valley Road Traffic Signal 12, , , , MCIA Revenue Bonds Equipment 10, , , , Generators Sr. Center/Comm. Center Grant 284, , A Library Books 22, , , B 2014 Paving/Sidewalk Program 146, , , , , C 2014 Drainage Program 4, , , , D Federal/Perrineville Rd Land Acq. 19, , , , , , E Municipal Facilities Improvements 1, , , , , ,000.00