ANNUAL FINANCIAL STATEMENT FOR THE YEAR 2016 (UNAUDITED)

ANNUAL FINANCIAL STATEMENT FOR THE YEAR 2016 (UNAUDITED) POPULATION LAST CENSUS NET VALUATION TAXABLE 2016 MUNICODE 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. 0430 8,468 504,921,584 FIVE DOLLARS PER DAY PENALTY IF NOT FILED BY: COUNTIES JANUARY 26, 2017 MUNICIPALITIES FEBRUARY 10, 2017 Borough of Runnemede, County of Camden 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 and can be supported upon demand by a register or other detailed analysis. Signature Name Title Email Michael D. Cesaro Registered Municipal Accountant mcesaro@bowmanllp.com (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, Richard E. Wright, Jr., am the Chief Financial Officer, License # N0517, of the Borough of Runnemede, County of Camden 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, 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, 2016. Signature Title Address Phone Number Fax Number Email Chief Financial Officer 24 N. Black Horse Pike, Runnemede, NJ 08078 (856) 9395161 (856) 9390202 rwright@runnemede.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

THE REQUIRED CERTIFICATION BY AN RMA IS AS FOLLOWS: Preparation by Registered Municipal Accountant (Statement of Statutory Auditor Only) I have prepared the postclosing 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 Borough of Runnemede as of December 31, 2016 and have applied certain agreedupon 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 agreedupon 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 postclosing trial balances, related statements and analyses. In connection with the agreedupon 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 December 31, 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 agreedupon procedures not performed and/or matters coming to my attention of which the Director should be informed: None. Michael D. Cesaro Registered Municipal Accountant Bowman & Company LLP (Firm Name) 601 White Horse Road (Address) Voorhees, New Jersey 08043 (Address) (856) 8216863 (Phone Number) Certified by me mcesaro@bowmanllp.com (Email) This 9th day of February, 2017 (856) 7825013 (Fax Number) Sheet 1a Borough of Runnemede, Muni Code: 0430

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 2017. 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. 5:307.5. Municipality: Chief Financial Officer: Borough of Runnemede Richard E. Wright, Jr. Signature: Certificate #: N0517 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 for local examination of its Budget in accordance with N.J.A.C. 5:307.5. Municipality: Chief Financial Officer: Signature: Certificate #: Date: Sheet 1b Borough of Runnemede, Muni Code: 0430

216001081 Fed I.D. # Borough of Runnemede Municipality Camden County Report of Federal and State Financial Assistance Expenditures of Awards Fiscal Year Ending: December 31, 2016 (1) (2) (3) Federal Programs Expended State Other Federal (administered by Programs Programs the State) Expended Expended TOTAL $ 14,530.00 $ 100,758.56 $ Type of Audit required by US Uniform Guidance and NJ OMB 1508: Single Audit Program Specific Audit X 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 1508. The single audit threshold has been increased to $750,000 beginning with fiscal year starting 1/1/2015. (1) Report expenditures from federal passthrough programs received directly from state governments. Federal passthrough 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 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 governments. Signature of Chief Financial Officer Date Sheet 1c Borough of Runnemede, Muni Code: 0430

IMPORTANT! READ INSTRUCTIONS INSTRUCTION The following certification is to be used ONLY in the event there is NO municipality 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 of, County of 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 Signature Name Title (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 of $ 504,103,965. SIGNATURE OF TAX ASSESSOR Borough of Runnemede MUNICIPALITY Camden COUNTY Sheet 2 Borough of Runnemede, Muni Code: 0430

NOTE THAT A TRIAL BALANCE IS REQUIRED AND NOT A BALANCE SHEET POST CLOSING TRIAL BALANCE CURRENT FUND AS OF 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 1,903,770.99 Investments Due from State of NJ Senior Citizens & Veterans Deductions Cash Change Funds 400.00 Receivables with Full Reserves: Delinquent Taxes 279,678.66 Tax Title Liens 77,119.57 Property Acquired by Taxes 23,817.50 Contract Sales Receivable Mortgage Sales Receivable Revenue Accounts Receivable 7,418.92 Due from Municipal Court 247.35 Prepaid County Taxes 0.11 Prepaid Local School Taxes 1.99 Prepaid Regional School Taxes 29.58 Due from Animal Control Fund 504.49 Due from Trust Other Fund 89,786.79 Accounts Receivable Other 270.55 Due from Bank 3,540.80 Due Camden County Utility Authority 1,736.09 Accounts Receivable Transportation Trust Fund Aid 63,837.90 Subtotal Receivables with Full Reserves 547,990.30 Deferred Charges (Sheets 28, 29 & 30) 209,000.00 Deferred School Taxes (Sheets 13 & 14) Subtotal 2,661,161.29 (Do not crowd add additional sheets) Sheet 3 Borough of Runnemede, Muni Code: 0430

NOTE THAT A TRIAL BALANCE IS REQUIRED AND NOT A BALANCE SHEET POST CLOSING TRIAL BALANCE CURRENT FUND (CONT'D) AS OF 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 Totals from Sheet 3 2,661,161.29 Cash Liabilities: Appropriation Reserves 46,277.34 Due to State of New Jersey Senior Citizens & Veterans Deductions 99,864.47 Local District School Tax Payable Regional School Tax Payable Regional High School Tax Payable County Taxes Payable Due County for Added and Omitted Taxes 2,067.99 Special District Taxes Payable State Library Aid ( See Sheet 16 ) Reserve for Encumbrances 149,772.77 Prior Year Unallocated Receipts 883.75 Prepaid Taxes 130,734.20 Accounts Payable 63,307.07 Contracts Payable 24,279.08 Reserve for Reassessment Program 11,805.86 Reserve for Codification of Ordinances 1,240.96 Reserve for Sale of Municipal Assets 7,535.50 Due General Capital Fund 19,155.00 Subtotal Cash Liabilities C 556,923.99 Reserve for Receivables 547,990.30 School Taxes Deferred (Sheets 13& 14) Fund Balance 1,556,247.00 Total 2,661,161.29 2,661,161.29 (Do not crowd add additional sheets) Sheet 3a Borough of Runnemede, Muni Code: 0430

POST CLOSING TRIAL BALANCE PUBLIC ASSISTANCE FUND Accounts #1 and #2* AS OF DECEMBER 31, 2016 Title of Account Debit Credit Cash Public Assistance #1 Cash Public Assistance #2 Total (Do not crowd add additional sheets) * To be prepared in compliance with Department of Human Services Municipal Audit Guide, Public Welfare, General Assistance Program. Sheet 4 Borough of Runnemede, Muni Code: 0430

POST CLOSING TRIAL BALANCE FEDERAL AND STATE GRANTS AS OF DECEMBER 31, 2016 Title of Account Debit Credit Cash 106,781.76 Federal and State Grants Receivable 152,164.23 Appropriated Reserves for Federal and State Grants 113,183.95 Unappropriated Reserves for Federal and State Grants 9,773.62 Due to General Capital Fund 110,199.96 Reserve for Encumbrances 25,788.46 Total 258,945.99 258,945.99 (Do not crowd add additional sheets) Sheet 5 Borough of Runnemede, Muni Code: 0430

POST CLOSING TRIAL BALANCE TRUST FUNDS (Assessment Section Must be Separately Stated) AS OF DECEMBER 31, 2016 Title of Account Debit Credit Trust Assessment Fund Cash Deferred Charges Assessment Bonds Assessment Notes Fund Balance Total Trust Assessment Fund Animal Control Fund Cash 26,861.40 Deferred Charges Due to Current Fund 504.49 Reserve for Animal Control Expenditures 26,356.91 Total Animal Control Fund 26,861.40 26,861.40 (Do not crowd add additional sheets) Sheet 6 Borough of Runnemede, Muni Code: 0430

POST CLOSING TRIAL BALANCE TRUST FUNDS (Assessment Section Must be Separately Stated) AS OF DECEMBER 31, 2016 Title of Account Debit Credit Trust Other Fund Cash 1,190,526.31 Deferred Charges Due from Sewer Utility Operating Fund 8,068.92 Due from Public Events Participants 1,021.06 Due Current Fund 89,786.79 Due State Marriage License Fees 400.00 Street Opening Deposits 21,187.32 Due Runnemede Sewerage Authority 8,192.76 Deposits Due to Contractor 2,200.00 Reserve for Miscellaneous Trust Funds 1,077,849.42 Subtotal 1,199,616.29 1,199,616.29 (Do not crowd add additional sheets) Sheet 6i Borough of Runnemede, Muni Code: 0430

POST CLOSING TRIAL BALANCE TRUST FUNDS (Assessment Section Must be Separately Stated) AS OF DECEMBER 31, 2016 Title of Account Debit Credit Trust Other Fund (Cont'd) Totals from Sheet 6i 1,199,616.29 1,199,616.29 Total Trust Other Fund 1,199,616.29 1,199,616.29 (Do not crowd add additional sheets) Sheet 6ii Borough of Runnemede, Muni Code: 0430

POST CLOSING TRIAL BALANCE TRUST FUNDS (Assessment Section Must be Separately Stated) AS OF DECEMBER 31, 2016 Title of Account Debit Credit Municipal Open Space Trust Fund Cash Total Municipal Open Space Trust Fund Community Development Block Grant Fund Cash 29,248.20 CDBG Receivable 33,500.00 CDBG Reserve 62,748.20 (Do not crowd add additional sheets) Sheet 6iii Borough of Runnemede, Muni Code: 0430

MUNICIPAL PUBLIC DEFENDER CERTIFICATION Public Law 1998, C. 256 Municipal Public Defender Expended Prior Year 2015:.. (1) $ 4,500.00 x 25% (2) $ 1,125.00 Municipal Public Defender Trust Cash Balance December 31, 2016: (3) $ 10,107.57 Note: If the amount of money in a dedicated fund established pursuant to this section exceeds by more than 25% the amount which the municipality expended during the prior year providing the services of a municipal 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, N.J. 08625). Amount in excess of the amount expended: 3 (1 +2) =.. $ 4,482.57 The undersigned certifies that the municipality has complied with the regulations governing Municipal Public Defender as required under Public Law 1998, C. 256. Chief Financial Officer: Richard E. Wright, Jr. Signature: Certificate #: N0517 Date: Sheet 6a Borough of Runnemede, Muni Code: 0430

SCHEDULE OF TRUST FUND RESERVES Amount Dec. 31, 2015 Balance per Audit as at Purpose Report Receipts Disbursements Dec. 31, 2016 1. Uniform Construction Code $ 51,983.03 $ 200,462.14 $ 199,597.88 $ 52,847.29 2. NJ Unemployment Compensation 2,150.73 21,518.10 21,000.00 2,668.83 3. Planning Board Escrow 137,717.26 23,593.72 6,201.25 155,109.73 4. TTL Redemption 1,033,140.09 1,505,762.08 1,813,442.06 725,460.11 5. POAA 1,011.00 1,011.00 6. Disposal of Forfeited Property #1 2,448.52 238.24 2,686.76 7. Funds Held in Escrow 18,647.60 28,607.98 16,792.48 30,463.10 8. Recreation Facility Escrow 900.00 900.00 9. Disposal of Forfeited Property #2 3,547.40 3,547.40 10. Public Defender Fees 8,407.57 1,750.00 50.00 10,107.57 11. Payroll Deduction Payable 38,014.78 4,228,764.43 4,217,999.66 48,779.55 12. Storm Recovery Fund 20,000.00 20,000.00 13. Uniform Fire Safety 769.67 1,559.00 1,631.49 697.18 14. Municipal Alliance 3,352.07 3,352.07 15. Police Outside Employment 43,698.99 337,906.99 361,387.15 20,218.83 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30. Totals: $ 1,365,788.71 6,350,162.68 6,638,101.97 $ 1,077,849.42 Sheet 6b Borough of Runnemede, Muni Code: 0430

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: XXXXX XXXXX XXXXX XXXXX XXXXX XXXXX XXXXX Assessment Bond Anticipation Note Issues: XXXXX XXXXX XXXXX XXXXX XXXXX XXXXX XXXXX XXXXX Sheet 7 Other Liabilities Trust Surplus Less Assets "Unfinanced" XXXXX XXXXX XXXXX XXXXX XXXXX XXXXX XXXXX XXXXX Total Sheet 7 Borough of Runnemede, Muni Code: 0430

POST CLOSING TRIAL BALANCE GENERAL CAPITAL FUND AS OF DECEMBER 31, 2016 Title of Account Debit Credit Est. Proceeds Bonds and Notes Authorized 750.00 Bonds and Notes Authorized but Not Issued 750.00 Cash 641,687.75 Deferred Charges To Future Taxation Funded 5,708,179.82 To Future Taxation Unfunded 1,321,250.00 State Aid Receivable 185,065.50 Note Receivable Runsen House 300,000.00 Due from Federal and State Grant Fund 110,199.96 Due Sewer Utility Capital Fund 74,420.20 Due Current Fund 19,155.00 Reserve for Encumbrances 334,395.54 Due Sewer Utility Operating Fund 46,527.00 General Capital Bonds 5,251,000.00 Assessment Serial Bonds Bond Anticipation Notes 1,320,500.00 Assessment Notes Loans Payable 457,179.82 Loans Payable Improvement Authorizations Funded 60,263.46 Improvement Authorizations Unfunded 469,086.93 Capital Improvement Fund 21,200.00 Down Payments on Improvements Capital Surplus 19.98 Reserve for State Aid Receivable 99,785.50 Reserve for Note Receivable 300,000.00 Total 8,360,708.23 8,360,708.23 (Do not crowd add additional sheets) Sheet 8 Borough of Runnemede, Muni Code: 0430

CASH RECONCILIATION DECEMBER 31, 2016 Cash Less Checks Cash Book *On Hand On Deposit Outstanding Balance Current 252,469.26 3,185,444.68 1,534,142.95 1,903,770.99 Trust Assessment Trust Dog License 28,146.40 1,285.00 26,861.40 Trust Other 6,747.32 1,288,478.11 104,699.12 1,190,526.31 Capital General 726,722.93 85,035.18 641,687.75 Water Operating Water Capital Utility Operating Utility Capital Sewer Utility Operating 59,821.83 390,281.36 203,324.55 246,778.64 Sewer Utility Capital 1,143,657.58 50,264.04 1,093,393.54 Public Assistance #1** Public Assistance #2** Garbage District Federal and State Grant Fund 106,781.76 106,781.76 Municipal Open Space Trust Fund Sewer Assessment Trust Water Assessment Trust CDBG Fund 29,248.20 29,248.20 Total 319,038.41 6,898,761.02 1,978,750.84 5,239,048.59 * Include Deposits In Transit ** Be sure to include a Public Assistance reconciliation and trial balance if the municipality maintains such a bank account REQUIRED CERTIFICATION I hereby certify that all amounts shown in the "Cash on Deposit" column on Sheet 9 and 9(a) have been verified with the applicable bank statements, certificates, agreements or passbooks at December 31, 2016. 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, 2016. 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 prepared this Annual Financial Statement as certified to on Sheet 1 or 1(a). Signature: Title: Registered Municipal Accountant Sheet 9 Borough of Runnemede, Muni Code: 0430

CASH RECONCILIATION DECEMBER 31, 2016 (CONT'D) LIST BANKS AND AMOUNTS SUPPORTING "CASH ON DEPOSIT" TD Bank: Current Fund 3,292,226.44 Sewer Utility Operating 390,281.36 Sewer Utility Capital 1,143,657.58 General Capital 726,722.93 Animal Control 28,146.40 CDBG Trust Fund 29,248.20 Trust Other 1,288,478.11 Total 6,898,761.02 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 Borough of Runnemede, Muni Code: 0430

MUNICIPALITIES AND COUNTIES FEDERAL AND STATE GRANTS RECEIVABLE Balance 2016 Budget Balance Grant Jan. 1, 2016 Revenue Received Accrued Dec. 31, 2016 Realized Federal Grants: Asssistance to Firefighters Grant 11,312.76 6,915.00 28,285.00 32,682.76 State Grants: New Jersey Transportation Trust Fund: 0.01 0.01 Singley, Hirsch, & Third Avenues 7,415.31 7,415.31 East 11th Ave. 14,591.15 14,591.15 Sheet 10 Constitution Avenue 50,250.00 50,250.00 Bulletproof Vest Partnership Grant 2,942.15 2,942.15 Municipal Alliance Grant 29,615.28 10,660.10 18,955.18 Recycling Tonnage Grant 8,307.50 8,307.50 Police Domestic Violence Program Grant 3,900.00 3,900.00 Safe and Secure Communities Program 39,200.00 39,147.00 19,600.00 19,653.00 Buckleup South Jersey 308.04 308.04 Body Armor Grant 236.86 1,702.98 1,466.12 Edward Byne Memorial Justice Assistance Grant 890.45 890.45 Clean Communities Grant 576.18 20,129.78 20,129.78 576.18 Other Grants: Recreation Facility Enhancement Grant 125,000.00 125,000.00 Totals 286,238.19 211,862.36 77,788.40 152,164.23 Sheet 10 Borough of Runnemede, Muni Code: 0430

SCHEDULE OF APPROPRIATED RESERVES FOR FEDERAL AND STATE GRANTS Transferred from 2016 Balance Budget Appropriations Balance Grant Jan. 1, 2016 Budget Appropriation Expended Encumbered Dec. 31, 2016 By 40A:487 Federal Grants: Assistance to Firefighters' Grant 10,735.40 28,285.00 9,030.00 20,795.00 9,195.40 State Grants: New Jersey Transportation Trust Fund: Black Horse Pike Revitalization 17,136.92 17,136.92 Read Avenue 8,914.50 8,914.50 Sheet 11 S.Oakland Ave Safe and Secure Communities Program 2,850.00 686.00 19,600.00 19,600.00 2,164.00 Drunk Driving Enforcement Grant 2,263.53 3,224.81 1,543.88 3,944.46 Clean Communities Grant 20,957.19 17,614.43 20,129.78 44,989.45 670.54 13,041.41 Statewide Livable Communities Grant 572.74 572.74 Alcohol Education and Rehabilitation Fund 895.98 895.98 Body Armor Grant 6,125.62 3,528.18 5,528.12 4,125.68 Bulletproof Vest Partnership Grant 650.78 650.78 Total 71,102.66 17,614.43 74,767.77 81,377.45 23,629.54 58,477.87 Sheet 11 Borough of Runnemede, Muni Code: 0430

SCHEDULE OF APPROPRIATED RESERVES FOR FEDERAL AND STATE GRANTS (CONT'D) Transferred from 2016 Balance Budget Appropriations Balance Grant Jan. 1, 2016 Budget Appropriation Expended Encumbered Dec. 31, 2016 By 40A:487 Total From Page 11 71,102.66 17,614.43 74,767.77 81,377.45 23,629.54 58,477.87 State Grants (Cont'd): Municipal Alliance Grant 35,973.45 9,277.16 2,158.92 24,537.37 Municipal Stormwater Regulation Program Grant 1,236.46 1,236.46 Police Domestic Violence Program Grant 3,280.16 3,280.16 Special Purpose Grant 6,193.70 6,193.70 Sheet 11a Buckleup South Jersey 2,236.86 2,236.86 Operations Planning Grant 6.48 6.48 Recycling Tonnage Grant 10,865.62 8,796.60 19,133.95 528.27 Safe Schools and Communities Program 15,000.00 15,000.00 Sustainable Jersey Small Grant 196.33 196.33 Camden County DWI Patrol 600.00 600.00 Edward Byrne Memorial Justice Assistance Grant 890.45 890.45 Other Grants: Recreation Facility Enhancement Grant 14,384.23 14,384.23 Totals 161,366.40 27,011.03 74,767.77 124,172.79 25,788.46 113,183.95 Sheet 11a Borough of Runnemede, Muni Code: 0430

SCHEDULE OF UNAPPROPRIATED RESERVES FOR FEDERAL AND STATE GRANTS Transferred from 2016 Balance Budget Appropriations Accrued Balance Grant Jan. 1, 2016 Budget Appropriation Receipts Federal & State Dec. 31, 2016 By 40A:487 Grant Receivable Federal Grants: Assistance to Firefighters 28,285.00 28,285.00 State Grants Recycling Tonnage Grant 8,796.60 8,796.60 8,307.50 8,307.50 Body Armor Grant 3,528.18 3,528.18 1,466.12 1,466.12 Drunk Driving Enforcement Grant 3,224.81 3,224.81 Sheet 12 Safe and Secure Communities Grant Camden County DWI Patrol 600.00 600.00 19,600.00 19,600.00 Clean Communities Grant 17,614.43 17,614.43 20,129.78 20,129.78 Totals 33,764.02 33,764.02 68,014.78 77,788.40 9,773.62 Sheet 12 Borough of Runnemede, Muni Code: 0430

*LOCAL DISTRICT SCHOOL TAX Debit Credit Balance January 1, 2016 School Tax Payable # 8500100 (2.49) School Tax Deferred (Not in excess of 50% of Levy 2015 2016) 8500200 Levy School Year July 1, 2016 June 30, 2017 Levy Calendar Year 2016 6,966,831.00 Paid 6,966,830.50 Balance December 31, 2016 School Tax Payable # 8500300 (1.99) School Tax Deferred (Not in excess of 50% of Levy 2016 2017) 8500400 * Not including Type 1 school debt service, emergency authorizationsschools, transfer to 6,966,828.51 6,966,828.51 Board of Education for use of local schools # Must include unpaid requisitions MUNICIPAL OPEN SPACE TAX Debit Credit Balance January 1, 2016 8504500 2016 Levy 8510500 Added and Omitted Levy Interest Earned Expenditures Balance December 31, 2016 8504600 Sheet 13 Borough of Runnemede, Muni Code: 0430

REGIONAL SCHOOL TAX (Provide a separate statement for each Regional District involved) Debit Credit Balance January 1, 2016 School Tax Payable # 8503100 School Tax Deferred (Not in excess of 50% of Levy 2015 2016) 8503200 Levy School Year July 1, 2016 June 30, 2017 Levy Calendar Year 2016 Paid Balance December 31, 2016 School Tax Payable # 8503300 School Tax Deferred (Not in excess of 50% of Levy 2016 2017) 8503400 # Must include unpaid requisitions REGIONAL HIGH SCHOOL TAX Debit Credit Balance January 1, 2016 School Tax Payable # 8504100 (29.58) School Tax Deferred (Not in excess of 50% of Levy 2015 2016) 8504200 Levy School Year July 1, 2016 June 30, 2017 Levy Calendar Year 2016 2,826,146.00 Paid 2,826,146.00 Balance December 31, 2016 School Tax Payable # 8504300 (29.58) School Tax Deferred (Not in excess of 50% of Levy 2016 2017) 8504400 # Must include unpaid requisitions 2,826,116.42 2,826,116.42 Sheet 14 Borough of Runnemede, Muni Code: 0430

COUNTY TAXES PAYABLE Debit Credit Balance January 1, 2016 County Taxes 8000301 (0.11) Due County for Added and Omitted Taxes 8000302 962.40 2016 Levy General County 8000303 4,116,567.07 County Library 8000304 County Health County Open Space Preservation 101,067.51 Due County for Added and Omitted Taxes 8000305 2,067.99 Paid 4,218,596.98 Balance December 31, 2016 County Taxes (0.11) Due County for Added and Omitted Taxes 2,067.99 4,220,664.86 4,220,664.86 SPECIAL DISTRICT TAXES Debit Credit Balance January 1, 2016 8000306 2016 Levy: (List Each Type of District Tax Separately see Footnote) Fire 8110800 Sewer 8111100 Water 8111200 Garbage 8110900 Open Space 8110500 Total 2016 Levy 8000307 Paid 8000308 Balance December 31, 2016 8000309 Footnote: Please state the number of districts in each instance Sheet 15 Borough of Runnemede, Muni Code: 0430

STATE LIBRARY AID RESERVE FOR MAINTENANCE OF FREE PUBLIC LIBRARY WITH STATE AID Debit Credit Balance January 1, 2016 8000401 State Library Aid Received in 2016 8000402 Expended 8000409 Balance December 31, 2016 8000410 RESERVE FOR EXPENSE OF PARTICIPATION IN FREE COUNTY LIBRARY WITH STATE AID Balance January 1, 2016 8000403 State Library Aid Received in 2016 8000404 Expended 8000411 Balance December 31, 2016 8000412 RESERVE FOR AID TO LIBRARY OR READING ROOM WITH STATE AID (N.J.S.A. 40:5435) Balance January 1, 2016 8000405 State Library Aid Received in 2016 8000406 Expended 8000413 Balance December 31, 2016 8000414 RESERVE FOR LIBRARY SERVICES WITH FEDERAL AID Balance January 1, 2016 8000407 State Library Aid Received in 2016 8000408 Expended 8000415 Balance December 31, 2016 8000416 Sheet 16 Borough of Runnemede, Muni Code: 0430

STATEMENT OF GENERAL BUDGET REVENUES 2016 Source Budget Realized Excess or Deficit* 01 02 03 Surplus Anticipated 80101 574,085.00 574,085.00 Surplus Anticipated with Prior Written Consent of Director of Local Government 80102 Miscellaneous Revenue Anticipated: X Adopted Budget 1,890,888.11 2,043,452.95 152,564.84 Added by N.J.S. 40A:487: (List on 17a) X 68,014.78 68,014.78 Total Miscellaneous Revenue Anticipated 80103 1,958,902.89 2,111,467.73 152,564.84 Receipts from Delinquent Taxes 80104 435,000.00 476,588.11 41,588.11 Amount to be Raised by Taxation: X (a) Local Tax for Municipal Purposes 80105 4,947,861.52 X (b) Addition to Local District School Tax 80106 X (c) Minimum Library Tax 80121 167,890.37 X Total Amount to be Raised by Taxation 80107 5,115,751.89 5,258,544.11 142,792.22 8,083,739.78 8,420,684.95 336,945.17 ALLOCATION OF CURRENT TAX COLLECTIONS Debit Credit Current Taxes Realized in Cash (Total of Item 10 or 14 on Sheet 22) 8010800 18,796,805.98 Amount to be Raised by Taxation X Local District School Tax 8010900 6,966,831.00 X Regional School Tax 8011900 X Regional High School Tax 8011000 2,826,146.00 X County Taxes 8011100 4,217,634.58 X Due County for Added and Omitted Taxes 8011200 2,067.99 X Special District Taxes 8011300 X Municipal Open Space Tax 8012000 X Reserve for Uncollected Taxes 8011400 474,417.70 Deficit in Required Collection of Current Taxes (or) 8011500 Balance for Support of Municipal Budget (or) 8011600 5,258,544.11 X *Excess NonBudget Revenue (see footnote) 8011700 X *Deficit NonBudget Revenue (see footnote) 8011800 * These items are applicable only when there is no "Amount to be Raised by Taxation" in the "Budget" 19,271,223.68 19,271,223.68 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 Borough of Runnemede, Muni Code: 0430

STATEMENT OF GENERAL BUDGET REVENUES 2016 (CONTINUED) MISCELLANEOUS REVENUES ANTICIPATED: ADDED BY N.J.S. 40A:487 Source Budget Realized Excess or Deficit Safe and Secure Communities Program 19,600.00 19,600.00 Clean Communities Grant 20,129.78 20,129.78 Assistance to Firefighters 28,285.00 28,285.00 Total (Sheet 17) 68,014.78 68,014.78 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 Signature: Sheet 17a Borough of Runnemede, Muni Code: 0430

STATEMENT OF GENERAL BUDGET APPROPRIATIONS 2016 2016 Budget as Adopted 8001201 8,015,725.00 2016 Budget Added by N.J.S. 40A:487 8001202 68,014.78 Appropriated for 2016 (Budget Statement Item 9) 8001203 8,083,739.78 Appropriated for 2016 Emergency Appropriation (Budget Statement Item 9) 8001204 185,000.00 Total General Appropriations (Budget Statement Item 9) 8001205 8,268,739.78 Add: Overexpenditures (see footnote) 8001206 Total Appropriations and Overexpenditures 8001207 8,268,739.78 Deduct Expenditures: Paid or Charged [Budget Statement Item (L)] 8001208 7,748,044.74 Paid or Charged Reserve for Uncollected Taxes 8001209 474,417.70 Reserved 8001210 46,277.34 Total Expenditures 8001211 8,268,739.78 Unexpended Balances Canceled (see footnote) 8001212 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 Borough of Runnemede, Muni Code: 0430

RESULTS OF 2016 OPERATION CURRENT FUND Debit Credit Excess of Anticipated Revenues: Miscellaneous Revenues Anticipated 8001301 152,564.84 Delinquent Tax Collections 8001302 41,588.11 Required Collection of Current Taxes 8001303 142,792.22 Unexpended Balances of 2016 Budget Appropriations 8001304 Miscellaneous Revenue Not Anticipated 81113 241,015.43 Miscellaneous Revenue Not Anticipated: Proceeds of Sale of Foreclosed Property (Sheet 27) 81114 Payments in Lieu of Taxes on Real Property 81120 Sale of Municipal Assets Unexpended Balances of 2015 Appropriation Reserves 8001305 85,889.12 Prior Years Interfunds Returned in 2016 8001306 80,290.34 Reserves Liquidated: Prepaid Local School Taxes 0.50 Deferred School Tax Revenue: (See School Taxes, Sheets 13 & 14) Balance January 1, 2016 8001307 Balance December 31, 2016 8001308 Deficit in Anticipated Revenues: Miscellaneous Revenues Anticipated 8001309 Delinquent Tax Collections 8001310 Required Collection of Current Taxes 8001311 Interfund Advances Originating in 2016 8001312 Senior Citizens' Deductions Disallowed on Prior Year Taxes 14,250.00 Refund of Prior Year Revenue 1,431.65 Deficit Balance To Trial Balance (Sheet 3) 8001313 Surplus Balance To Surplus (Sheet 21) 8001314 728,458.91 744,140.56 744,140.56 Sheet 19 Borough of Runnemede, Muni Code: 0430

SCHEDULE OF MISCELLANEOUS REVENUES NOT ANTICIPATED Source Amount Realized Property Maintenance Fees 23,021.00 Recycling Revenue 3,067.94 Insurance Dividends 73,527.39 Premium Escheats 6,600.00 Admin Fee Senior & Veterans Deductions 2,205.00 Admin Fee Police Outside Employment 93,012.85 Miscellaneous 39,581.25 Total Amount of Miscellaneous Revenues Not Anticipated (Sheet 19) 241,015.43 Sheet 20 Borough of Runnemede, Muni Code: 0430

SURPLUS CURRENT FUND YEAR 2016 Debit Credit 1. Balance January 1, 2016 8001401 1,401,873.09 2. 3. Excess Resulting from 2016 Operations 8001402 728,458.91 4. Amount Appropriated in the 2016 Budget Cash 8001403 574,085.00 5. Amount Appropriated in the 2016 Budget with Prior Written Consent of Director of Local Government Services 8001404 6. 7. Balance December 31, 2016 8001405 1,556,247.00 2,130,332.00 2,130,332.00 ANALYSIS OF BALANCE DECEMBER 31, 2016 (FROM CURRENT FUND TRIAL BALANCE) Cash 8001406 1,904,170.99 Investments 8001407 Sub Total 1,904,170.99 Deduct Cash Liabilities Marked with "C" on Trial Balance 8001408 556,923.99 Cash Surplus 8001409 1,347,247.00 Deficit in Cash Surplus 8001410 Other Assets Pledged to Surplus: * (1) Due from State of N.J. Senior Citizens and Veterans Deduction 8001416 Deferred Charges # 8001412 209,000.00 Cash Deficit # 8001413 Total Other Assets 8001414 209,000.00 * IN THE CASE OF A "DEFICIT IN CASH SURPLUS", "OTHER ASSETS 8001415 1,556,247.00 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:455.13 (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 Borough of Runnemede, Muni Code: 0430

(FOR MUNICIPALITIES ONLY) CURRENT TAXES 2016 LEVY 1. Amount of Levy as per Duplicate (Analysis) # 8210100 $ 19,126,429.60 or (Abstract of Ratables) 8211300 2. Amount of Levy Special District Taxes 8210200 3. Amount Levied for Omitted Taxes under N.J.S.A. 54:463.12 et. seq. 8210300 4. Amount Levied for Added Taxes under 8210400 9,355.71 N.J.S.A. 54:463.1 et. seq. 5a. Subtotal 2016 Levy 19,135,785.31 5b. Reductions due to tax appeals ** 5c. Total 2016 Tax Levy 8210600 19,135,785.31 6 Transferred to Tax Title Liens 8210700 6,553.23 7. Transferred to Foreclosed Property 8210800 8. Remitted, Abated or Canceled 8210900 53,250.26 9. Discount Allowed 8211000 10. Collected in Cash: In 2015 8212100 92,881.31 In 2016 * 8212200 18,198,413.14 Homestead Benefit Revenue 8212400 382,312.71 State's Share of 2016 Senior Citizens and Veterans Deductions Allowed 8212300 123,198.82 Total to Line 14 8211100 18,796,805.98 11. Total Credits 18,856,609.47 12. Amount Outstanding December 31, 2016 8312000 279,175.84 13. Percentage of Cash Collections to Total 2016 Levy, (Item 10 divided by Item 5c) is 98.23% 8211200 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 18,796,805.98 Less: Reserve for Tax Appeals Pending State Division of Tax Appeals To Current Taxes Realized in Cash (Sheet 17) 18,796,805.98 Note A: In showing the above percentage the following should be noted: Where Item 5 shows $1,500,000.00, and Item 10 shows $1,049,977.50, the percentage represented by the cash collections would be $1,049,977.50 / $1,500,000 or.699985. The correct percentage to be shown as Item 13 is 69.99% and not 70.00%, nor 69.999% # Note: On Item 1 if Duplicate (Analysis) Figure is used; be sure to 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 Borough of Runnemede, Muni Code: 0430

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. 1997. (1) Utilizing Accelerated Tax Sale 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 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 Accelerated Tax Sale Proceeds (Net Cash Collected divided by Item 5c) is... Sheet 22a Borough of Runnemede, Muni Code: 0430

SCHEDULE OF DUE FROM/TO STATE OF NEW JERSEY FOR SENIOR CITIZENS AND VETERANS DEDUCTIONS Debit Credit 1. Balance January 1, 2016 Due From State of New Jersey Due To State of New Jersey 99,563.29 2. Sr. Citizens Deductions Per Tax Billings 41,000.00 3. Veterans Deductions Per Tax Billings 82,000.00 4. Sr. Citizens Deductions Allowed By Tax Collector 1,250.00 5. 6. 7. Sr. Citizens Deductions Disallowed By Tax Collector 1,051.18 8. Sr. Citizens Deductions Disallowed By Tax Collector 2015 Taxes 14,250.00 9. Received in Cash from State 109,250.00 10. 11. 12. Balance December 31, 2016 Due From State of New Jersey Due To State of New Jersey 99,864.47 224,114.47 224,114.47 Calculation of Amount to be included on Sheet 22, Item 10 2016 Senior Citizens and Veterans Deductions Allowed Line 2 41,000.00 Line 3 82,000.00 Line 4 1,250.00 SubTotal 124,250.00 Less: Line 7 1,051.18 To Item 10, Sheet 22 123,198.82 Sheet 23 Borough of Runnemede, Muni Code: 0430

SCHEDULE OF RESERVE FOR TAX APPEALS PENDING (N.J.S.A. 54:327) Debit Credit Balance January 1, 2016 Taxes Pending Appeals Interest Earned on Taxes Pending Appeals Contested Amount of 2016 Taxes Collected which are Pending State Appeal (Item 14, Sheet 22) Interest Earned on Taxes Pending State Appeals Cash Paid to Appellants (Including 5% Interest from Date of Payment) Closed to Results of Operations (Portion of Appeal won by Municipality, including Interest) Balance December 31, 2016 Taxes Pending Appeals* Interest Earned on Taxes Pending Appeals * Includes State Tax Court and County Board of Taxation Appeals Not Adjusted by December 31, 2016 Signature of Tax Collector License # Date Sheet 24 Borough of Runnemede, Muni Code: 0430

COMPUTATION OF APPROPRIATION: RESERVE FOR UNCOLLECTED TAXES AND AMOUNT TO BE RAISED BY TAXATION IN 2017 MUNICIPAL BUDGET 1. Total General Appropriations for 2017 Municipal Budget Statement Item 8 (L) (Exclusive of Reserve for Uncollected Taxes) 80015 2. Local District School Tax Actual 80016 Estimate** 80017 3. Regional School District Tax Actual 80025 Estimate* 80026 4. Regional High School Tax Actual 80018 School Budget Estimate* 80019 5. County Tax Actual 80020 Estimate* 80021 6. Special District Taxes Actual 80022 Estimate* 80023 7. Municipal Open Space Tax Actual 80027 Estimate* 80028 8. Total General Appropriations & Other Taxes 8002401 9. Less: Total Anticipated Revenues from 2017 in Municipal Budget (Item 5) 8002402 10. Cash Required from 2017 Taxes to Support Local Municipal Budget and Other Taxes 8002403 11. Amount of item 10 Divided by [82003404] Equals Amount to be Raised by Taxation (Percentage used must not exceed the applicable percentage shown by Item 13, Sheet 22) 8002405 YEAR 2017 YEAR 2016 6,966,831.00 2,826,146.00 4,217,634.58 Analysis of Item 11: Local District School Tax * Must not be stated in an amount less than (Amount Shown on Line 2 Above) ''actual'' Tax of year 2016. Regional School District Tax (Amount Shown on Line 3 Above) ** May not be stated in an amount less than Regional High School Tax proposed budget submitted by the Local (Amount Shown on Line 4 Above) Board of Education to the Commissioner County Tax of Education on January 15, 2017 (Chap. (Amount Shown on Line 5 Above) 136, P.L. 1978). Consideration must be Special District Tax given to calendar year calculation. (Amount Shown on Line 6 Above) Municipal Open Space Tax (Amount Shown on Line 7 Above) Tax in Local Municipal Budget Total Amount (see Line 11) 12. Appropriation: Reserve for Uncollected Taxes (Budget Statement, Item 8 (M) (Item 11, Less Item 10) 8002406 Computation of "Tax in Local Municipal Budget" Note: Item 1 Total General Appropriations The amount of anticipated rev Item 12 Appropriation: Reserve for Uncollected Taxes enues (Item 9) may never exceed SubTotal the total of Items 1 and 12. Less: Item 9 Total Anticipated Revenues Amount to be Raised by Taxation in Municipal Budget 8002407 Sheet 25 Borough of Runnemede, Muni Code: 0430

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 (item8(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 Borough of Runnemede, Muni Code: 0430

SCHEDULE OF DELINQUENT TAXES AND TAX TITLE LIENS Debit Credit 1. Balance January 1, 2016 531,816.04 A. Taxes 8310200 374,218.93 B. Tax Title Liens 8310300 157,597.11 2. Canceled: A. Taxes 8310500 1.57 B. Tax Title Liens 8310600 3. Transferred to Foreclosed Tax Title Liens: A. Taxes 8310800 B. Tax Title Liens 8310900 4. Added Taxes 8311000 14,250.00 5. Added Tax Title Liens 8311100 6. Adjustment between Taxes (Other than current year) and Tax Title Liens: A. Taxes Transfers to Tax Title Liens 8310400 X (1) 3,476.09 B. Tax Title Liens Transfers from Taxes 8310700 3,476.09 (1) X 7. Balance Before Cash Payments 546,064.47 8. Totals 549,542.13 549,542.13 9. Balance Brought Down 546,064.47 10. Collected: 476,588.11 A. Taxes 8311600 384,488.45 B. Tax Title Liens 8311700 92,099.66 11. Interest and Costs 2016 Tax Sale 8311800 1,592.80 12. 2016 Taxes Transferred to Liens 8311900 6,553.23 13. 2016 Taxes 8312300 279,175.84 14. Balance December 31, 2016 356,798.23 A. Taxes 8312100 279,678.66 B. Tax Title Liens 8312200 77,119.57 15. Totals 833,386.34 833,386.34 16. Percentage of Cash Collections to Adjusted Amount Outstanding (Item No. 10 divided by Item No. 9) is 87.28% 17. Item No. 14 multiplied by percentage shown above is 311,402.41 and represents the maximum amount that may be anticipated in 2017. 8312500 (See Note A on Sheet 22 Current Taxes) (1) These amounts will always be the same. Sheet 26 Borough of Runnemede, Muni Code: 0430

SCHEDULE OF FORECLOSED PROPERTY (PROPERTY ACQUIRED BY TAX TITLE LIEN LIQUIDATION) Debit Credit 1. Balance January 1, 2016 8410100 23,817.50 2. Foreclosed or Deeded in 2016 3. Tax Title Liens 8410300 4. Taxes Receivable 8410400 5A. 8410200 5B. 8410500 6. Adjustment to Assessed Valuation 8410600 7. Adjustment to Assessed Valuation 8410700 8. Sales 9. Cash * 8410900 10. Contract 8411000 11. Mortgage 8411100 12. Loss on Sales 8411200 13. Gain on Sales 8411300 14. Balance December 31, 2016 8411400 23,817.50 CONTRACT SALES 23,817.50 23,817.50 Debit Credit 15. Balance January 1, 2016 8411500 16. 2016 Sales from Foreclosed Property 8411600 17. Collected * 8411700 18. 8411800 19. Balance December 31, 2016 8411900 MORTGAGE SALES Debit Credit 20. Balance January 1, 2016 8412000 21. 2016 Sales from Foreclosed Property 8412100 22. Collected * 8412200 23. 8412300 24. Balance December 31, 2016 8412400 Analysis of Sale of Property: $ * Total Cash Collected in 2016 (8412500) Realized in 2016 Budget To Results of Operation (Sheet 19) Sheet 27 Borough of Runnemede, Muni Code: 0430

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:455.13 listed on Sheets 29 and 30.) Amount Dec. 31, 2015 Amount in Amount Balance per Audit 2016 Resulting as at Caused By Report Budget from 2016 Dec. 31, 2016 1. Emergency Authorization Municipal* $ $ $ 185,000.00 $ 185,000.00 2. Emergency Authorizations Schools $ $ $ $ 3. Deficit from Operations $ $ $ $ 4. $ $ $ $ Subtotal Current Fund $ $ $ 185,000.00 $ 185,000.00 5. Capital $ $ $ $ 6. Trust Assessment $ $ $ $ 7. Animal Control Fund $ $ $ $ 8. Trust Other $ $ $ $ 9. $ $ $ $ *Do not include items funded or refunded as listed below. EMERGENCY AUTHORIZATIONS UNDER N.J.S. 40A:447 WHICH HAVE BEEN FUNDED OR REFUNDED UNDER N.J.S. 40A:23 OR N.J.S. 40A:251 Date Purpose Amount 1. $ 2. $ 3. $ 4. $ 5. $ JUDGEMENTS ENTERED AGAINST MUNICIPALITY AND NOT SATISFIED Appropriated for in Budget of In Favor of On Account of Date Entered Amount Year 2017 1. $ 2. $ 3. $ 4. $ Sheet 28 Borough of Runnemede, Muni Code: 0430

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, ETC. FOR SANITARY SEWER SYSTEM; MUNICI PAL CONSOLIDATION ACT; FLOOD OR HURRICANE DAMAGE. Not Less Than REDUCED IN 2016 Amount 1/5 of Amount Balance By 2016 Canceled Balance Date Purpose Authorized Authorized* Dec. 31, 2015 Budget by Resolution Dec. 31, 2016 10/2/12 Reassessment Program 120,000.00 24,000.00 48,000.00 24,000.00 24,000.00 Sheet 29 Totals 120,000.00 24,000.00 48,000.00 24,000.00 24,000.00 8002500 8002600 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. 31, 2016'' must be entered here and then raised in the 2017 budget. Sheet 29 Borough of Runnemede, Muni Code: 0430

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:455.13, 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 Sheet 30 Totals 8002700 8002800 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.A. 40A:455.13 et seq 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. 31, 2016'' must be entered here and then raised in the 2017 budget. Sheet 30 Borough of Runnemede, Muni Code: 0430

SCHEDULE OF BONDS ISSUED AND OUTSTANDING AND 2017 DEBT SERVICE FOR BONDS MUNICIPAL GENERAL CAPITAL BONDS Debit Outstanding January 1, 2016 8003301 Issued 8003302 Paid 8003303 798,000.00 Credit 6,049,000.00 2017 Debt Service Outstanding December 31, 2016 8003304 5,251,000.00 6,049,000.00 6,049,000.00 2017 Bond Maturities General Capital Bonds 8003305 $ 2017 Interest on Bonds * 8003306 ASSESSMENT SERIAL BONDS 148,647.50 453,000.00 Outstanding January 1, 2016 8003307 Issued 8003308 Paid 8003309 Outstanding December 31, 2016 8003310 2017 Bond Maturities Assessment Bonds 8003311 $ 2017 Interest on Bonds 8003312 Total "Interest on Bonds Debt Service" (*Items) 8003313 $ 148,647.50 LIST OF BONDS ISSUED DURING 2016 Purpose 2017 Maturity Amount Issued Date of Interest Issue Rate Total 8003314 8003315 Sheet 31 Borough of Runnemede, Muni Code: 0430