State of New Jersey Local Government Services

A d o p t e d Year: State of New Jersey Local Government Services 2015 Municipal User Friendly Budget MUNICIPALITY: 0502 CAPE MAY City - County of Cape May 178 2 Municode: 0502 Filename: 0502_fba_2015.xlsm Website: www.capemaycity.com Phone Number: 609-884-9592 Mailing Address: 643 Washington Street Email the UFB if not using Outlook Municipality: Cape May State: NJ Zip: 08204 Mayor First Name Middle Name Last Name Term Expires Business Email Edward J. Mahaney Jr. 12/31/2016 emahaney@capemaycity.com Chief Administrative Officer Bruce A. MacLeod brucem@capemaycity.com Chief Financial Officer Neil Young Municipal Clerk nyoung@capemaycity.com Louise Cummiskey Governing Body Members cityclerk@capemaycity.com First Name Middle Name Last Name Term Expires Business Email Terri L. Swain 12/31/2016 tswain@capemaycity.com Beatrice Pessagno 12/31/2018 bpessagno@capemaycity.com Shaine P. Meier 12/31/2018 smeier@capemaycity.com Jack Wichterman 12/31/2015 jwichterman@capemaycity.com

USER FRIENDLY BUDGET SECTION - PROPERTY TAX BREAKDOWN 2014 Calendar Year Property Tax Levies - ALL entities levying property taxes Current Year 2015 Budget Calendar Year Calendar Year % of Avg Residential Taxes Actual/Estimated Tax Levy Tax Rate Tax Levy Total Levy Taxpayer Impact Municipal Purpose Tax 0.329 $9,195,495.82 38.13% $2,101.80 Municipal Purpose Tax ACTUAL $9,500,984.80 Municipal Library 0.000 $0.00 0.00% $0.00 Municipal Library $0.00 Municipal Open Space 0.000 $0.00 0.00% $0.00 Municipal Open Space $0.00 Fire Districts (avg. rate/total levies) 0.000 $0.00 0.00% $0.00 Fire Districts (total levies) $0.00 Other Special Districts (total levies) 0.000 $0.00 0.00% $0.00 Other Special Districts (total levies) $0.00 Local School District 0.057 $1,574,143.00 6.53% $364.14 Local School District ESTIMATED $1,600,000.00 Regional School District 0.234 $6,520,339.00 27.04% $1,494.90 Regional School District ESTIMATED $6,750,000.00 County Purposes 0.206 $5,753,731.41 23.86% $1,316.02 County Purposes ESTIMATED $5,950,000.00 County Library 0.029 $796,408.50 3.30% $185.27 County Library $800,000.00 County Board of Health 0.000 $0.00 0.00% $0.00 County Board of Health $0.00 County Open Space 0.010 $274,178.82 1.14% $63.88 County Open Space $300,000.00 Other County Levies (total) 0.000 $0.00 0.00% $0.00 Other County Levies (total) $0.00 Total (Calendar Year 2014 Budget) 0.865 $24,114,296.55 100.00% $5,526.02 Total ESTIMATED amount to be raised by taxes $24,900,984.80 Total Taxable Valuation as of October 1, 2014 $2,806,088,231.00 Revenue Anticipated, Excluding Tax Levy 7,733,609.17 (To be used to calculate the current year tax rate) Budget Appropriations, before Reserve for Uncollected Taxes 16,188,752.61 Current Year Average Residential Assessment $638,845.80 Total Non-Municipal Tax Levy $15,400,000.00 Amount to be Raised by Taxes - Before RUT $23,855,143.44 Prior Year to Current Year Comparison Reserve for Uncollected Taxes (RUT) $1,045,841.36 Total Amount to be Raised by Taxes $24,900,984.80 Comparison - Municipal Purposes Tax Rate Prior Year Current Year % Change (+/-) % of Tax Collections used to Calculate RUT 95.80% 0.329 0.339 3.04% If % used exceeds the actual collection % then Comparison - Municipal Purposes Tax Levy reference the statutory exception used Prior Year Current Year % Change (+/-) $ Change (+/-) $9,195,495.82 $9,500,984.80 3.32% $305,488.98 Tax Collections - ACTUAL as of Prior Year Total Tax Revenue, Collections CY 2014 23,873,844.36 Comparison - Impact on Avg. Residential Tax Payment (Municipal Purposes Only)Total Tax Levy, CY 2014 24,181,464.48 Prior Year Current Year % Change (+/-) $ Change (+/-) % of Taxes Collected, CY 2014 98.73% $2,101.80 $2,165.69 3.04% $63.88 Sheet UFB-1 Delinquent Taxes - December 31, 2014 $307,620.12

USER FRIENDLY BUDGET SECTION - ANTICIPATED REVENUE SUMMARY (ALL OPERATING FUNDS) General Open Space Water/Sewer Tourism Beach % Difference $ Difference Total Realized Total Anticipated FCOA Budget Budget Utility Utility Utility Utility Utility Utility Current vs. Current vs. Prior Revenue (Prior Revenue (Current Prior Year Year Year) Year) 08 Surplus 5.08% $147,745.00 $2,910,500.00 $3,058,245.00 $2,184,000.00 $575,000.00 $75,000.00 $224,245.00 08 Local Revenue 2.43% $308,570.00 $12,682,830.00 $12,991,400.00 $3,749,000.00 $6,160,000.00 $1,031,700.00 $2,050,700.00 09 State Aid (without offsetting appropriation) 0.00% $0.00 $337,632.00 $337,632.00 $337,632.00 08 Uniform Construction Code Fees 0.00% $0.00 $235,000.00 $235,000.00 $235,000.00 Special Revenue Items w/ Prior Written Consent 11 Shared Services Agreements 3.00% $21,409.00 $713,665.00 $735,074.00 $735,074.00 08 Additional Revenue Offset by Appropriations #DIV/0! $0.00 $0.00 10 Public and Private Revenue -31.32% ($96,165.85) $307,069.02 $210,903.17 $210,903.17 08 Other Special Items -83.32% ($249,700.00) $299,700.00 $50,000.00 $50,000.00 15 Receipts from Delinquent Taxes 0.00% $0.00 $232,000.00 $232,000.00 $232,000.00 Amount to be raised by taxation 07 Local Tax for Municipal Purposes 3.32% $305,488.98 $9,195,495.82 $9,500,984.80 $9,500,984.80 07 Minimum Library Tax #DIV/0! $0.00 $0.00 54 Open Space Levy Tax #DIV/0! $0.00 $0.00 07 Addition to Local District School Tax #DIV/0! $0.00 $0.00 08 Deficit General Budget #DIV/0! $0.00 $0.00 Total 1.62% $437,347.13 $26,913,891.84 $27,351,238.97 $17,234,593.97 $0.00 $6,735,000.00 $1,106,700.00 $2,274,945.00 $0.00 $0.00 $0.00 Sheet UFB-2

USER FRIENDLY BUDGET SECTION - APPROPRIATIONS SUMMARY (ALL OPERATING FUNDS) Budgeted Positions General Public&Private Open Space Water/Sewer Tourism Beach Total Modified Total FCOA Full-Time Part-Time % Difference $ Difference Budget Offsets Budget Utility Utility Utility Utility Utility Utility Appropriation Appropriation for Current v. Current v. Prior for Service Type Service Type Prior Year Year (Prior Year) (Current Year) 20 General Government 26.00 54.00 1.86% $140,950.00 $7,590,075.00 $7,731,025.00 $1,606,705.00 $4,984,995.00 $1,106,700.00 $32,625.00 21 Land-Use Administration -42.97% ($17,220.00) $40,070.00 $22,850.00 $22,850.00 22 Uniform Construction Code 3.00 4.00-10.57% ($34,970.00) $330,985.00 $296,015.00 $296,015.00 23 Insurance 6.18% $163,300.00 $2,641,850.00 $2,805,150.00 $2,748,650.00 $3,500.00 $53,000.00 25 Public Safety 43.00 22.00-0.42% ($18,480.73) $4,381,507.73 $4,363,027.00 $4,249,477.00 $1,200.00 $112,350.00 26 Public Works 24.00 19.00 0.14% $3,630.27 $2,654,384.73 $2,658,015.00 $2,022,994.00 $209,501.00 $425,520.00 27 Health and Human Services 321.39% $22,182.00 $6,902.00 $29,084.00 $8,150.00 $20,934.00 28 Parks and Recreation 5.00 120.00 2.51% $37,000.00 $1,472,800.00 $1,509,800.00 $191,000.00 $1,318,800.00 29 Education (including Library) #DIV/0! $0.00 $0.00 $0.00 30 Unclassified 0.00% $0.00 $37,500.00 $37,500.00 $37,500.00 31 Utilities and Bulk Purchases 3.51% $10,000.00 $285,000.00 $295,000.00 $295,000.00 32 Landfill / Solid Waste Disposal -52.87% ($4,788.39) $9,056.56 $4,268.17 $4,268.17 35 Contingency 0.00% $0.00 $1,000.00 $1,000.00 $1,000.00 36 Statutory Expenditures 0.56% $9,713.44 $1,725,045.00 $1,734,758.44 $1,508,053.44 $89,205.00 $137,500.00 37 Judgements #DIV/0! $0.00 $0.00 $0.00 42 Shared Services #DIV/0! $0.00 $0.00 $0.00 43 Court and Public Defender 4.00 1.00 3.06% $6,450.00 $211,105.00 $217,555.00 $217,555.00 44 Capital -17.69% ($87,500.00) $494,500.00 $407,000.00 $322,000.00 $70,000.00 $15,000.00 45 Debt 3.91% $157,150.00 $4,018,700.00 $4,175,850.00 $2,408,400.00 $1,587,300.00 $180,150.00 46 Deferred Charges #DIV/0! $17,500.00 $0.00 $17,500.00 $17,500.00 48 Debt - Type 1 School District #DIV/0! $0.00 $0.00 $0.00 50 Reserve for Uncollected Taxes 1.45% $14,930.54 $1,030,910.82 $1,045,841.36 $1,045,841.36 55 Surplus General Budget #DIV/0! $0.00 $0.00 $0.00 Total 105.00 220.00 1.56% $419,847.13 $26,931,391.84 $27,351,238.97 $16,998,690.80 $235,903.17 $0.00 $6,735,000.00 $1,106,700.00 $2,274,945.00 $0.00 $0.00 $0.00 Sheet UFB-3

USER FRIENDLY BUDGET SECTION STRUCTURAL BUDGET IMBALANCES Revenues at Risk Non-recurring appropriation reductions Future Year Appropriation Increases Structural Imbalance Offsets Line Item. Put "X" in cell to the left that corresponds to the type of imbalance. Amount Comment/Explanation NONE Sheet UFB-4

ASSESSED PROPERTY VALUATIONS - EXEMPT PROPERTY - PROPERTY TAX APPEAL DATA Property Tax Assessments - Taxable Properties (October 1, 2014 Value) Property Tax Assessments - Exempt Properties (October 1, 2014 Value) # of Parcels Assessed Value % of Total # of Parcels Assessed Value % of Total 1 Vacant Land 180 $64,370,700.00 2.29% 15A Public Schools 4 $14,951,400.00 3.45% 2 Residential 3,408 $2,177,186,500.00 77.59% 15B Other Schools 0 $0.00 0.00% 3A/3B Farm 0 $0.00 0.00% 15C Public Property 174 $100,491,300.00 23.18% 4A Commercial 261 $430,297,700.00 15.33% 15D Church and Charities 15 $58,673,700.00 13.54% 4B Industrial 0 $0.00 0.00% 15E Cemeteries & Graveyards 0 $0.00 0.00% 4C Apartments 103 $133,612,100.00 4.76% 15F Other Exempt 42 $259,368,500.00 59.83% 5A/5B Railroad 0 $0.00 0.00% 6A/6B Business Personal Property 1 $621,231.00 0.02% Total 3,953 $2,806,088,231.00 100.00% Total 235 $433,484,900.00 100.00% Average Ratio (%), Assessed to True Value 102.55% Equalized Valuation, Taxable Properties $2,736,312,268.16 Percentage of Exempt vs. Non-Exempt Properties 5.61% Total # of property tax appeals filed in 2014 County Tax Board 32.00 State Tax Court 2.00 Number of 2014 County Tax Board decisions appealed to Tax Court 1.00 Number of pending property tax appeals in State Tax Court 1.00 Amount paid out by municipality for tax appeals in 2014 $0.00 Prior Budget Year's Payments in Lieu of Tax (PILOT) - 5 Year Exemptions/Abatements # of PILOT Parcels Billing/Revenue Assessed Value G Commercial/Industrial Exemption I Dwelling Exemption J Dwelling Abatement N/A K New Dwelling/Conversion Exemption L New Dwelling/Conversion Abatement N Multiple Dwelling Exemption O Multiple Dwelling Abatement Total 5 Yr Exemptions/Abatements 0 0.00 0.00 Sheet UFB-5 Taxes if Billed in Full 2014 Total Tax Rate 0.00

USER FRIENDLY BUDGET SECTION Long Term Tax Exemptions Prior Budget Year's Payments in Lieu of Tax (PILOT) - Long Term Tax Exemptions Prior Budget Year's Payments in Lieu of Tax (PILOT) - Long Term Tax Exemptions Prior Budget Year's Payments in Lieu of Tax (PILOT) - Long Term Tax Exemptions Prior Budget Year's Payments in Lieu of Tax (PILOT) - Long Term Tax Exemptions Type of Project Taxes if Billed Type of Project Taxes if Billed Type of Project Taxes if Billed Type of Project Taxes if Billed Project (use drop-down In Full Project (use drop-down In Full Project (use drop-down In Full Project (use drop-down In Full Name for data entry) PILOT Billing Assessed Value 2014 Total Tax Rate Name for data entry) PILOT Billing Assessed Value 2014 Total Tax Rate Name for data entry) PILOT Billing Assessed Value 2014 Total Tax Rate Name for data entry) PILOT Billing Assessed Value 2014 Total Tax Rate N/A Total Long Term Exemptions - Column Total 0.00 0.00 0.00 Total Long Term Exemptions - Column Total $0.00 $0.00 $0.00 Total Long Term Exemptions - Column Total $0.00 $0.00 $0.00 Total Long Term Exemptions - Column Total $0.00 $0.00 $0.00 Mark "X" if Grand Total Total Long Term Exemptions - GRAND TOTAL $0.00 $0.00 $0.00 Sheet UFB-6 Sheet UFB-6C

USER FRIENDLY BUDGET SECTION BUDGETED PERSONNEL COSTS # of # of Total Overtime Pension Health Benefits Employment Full-Time Part-Time Personnel Base and other (Estimate) Net of Taxes and Organization / Individuals Eligible for Benefit Employees Employees Cost Pay Compensation Cost Share Other Benefits Governing Body 5.00 64,514.50 $47,000.00 $12,900.00 $690.00 $0.00 $3,924.50 Supervisory Staff (Department Heads & Managers) 9.00 1.00 1,089,175.88 $773,090.00 $8,500.00 $92,770.80 $152,923.44 $61,891.64 Police Officers (Including Superior Officers) 22.00 15.00 3,497,066.43 $2,337,218.00 $151,656.00 $560,932.32 $406,551.44 $40,708.67 Fire Fighters (Including Superior Officers) 14.00 6.00 1,677,277.01 $954,033.00 $175,943.00 $228,967.92 $299,008.44 $19,324.65 All Other Union Employees not listed above 59.00 75.00 5,494,100.34 $3,518,434.00 $327,491.00 $300,000.00 $1,027,040.60 $321,134.74 All Other Non-Union Employees not listed above 1.00 118.00 825,923.60 $758,285.00 $0.00 $4,321.80 $0.00 $63,316.80 Totals 105.00 220.00 12,648,057.76 $8,388,060.00 $676,490.00 $1,187,682.84 $1,885,523.92 $510,301.00 Is the Local Government required to comply with NJSA 11A (Civil Service)? - YES or NO YES Note - Base Pay is the annualized rate of pay to which overtime (if eligible) and/or pension is calculated. Either calculation is fine at the discretion of the Local Unit. Overtime and other compensation is any other item that is charged as a salary and wage expense but not included in Base Pay. Sheet UFB-7

USER FRIENDLY BUDGET SECTION - HEALTH BENEFITS Current Year # of Covered Members (Medical & Rx) Current Year Annual Cost Estimate per Employee Total Current Year Cost Active Employees - Health Benefits - Annual Cost Single Coverage 22.00 $10,300.20 $226,604.40 Parent & Child 11.00 $17,407.32 $191,480.52 Employee & Spouse (or Partner) 20.00 $20,600.28 $412,005.60 Family 37.00 $27,707.52 $1,025,178.24 Employee Cost Sharing Contribution (enter as negative - ) ($200,000.00) Subtotal 90.00 $76,015.32 $1,655,268.76 Elected Officials - Health Benefits - Annual Cost Single Coverage $0.00 Parent & Child $0.00 Employee & Spouse (or Partner) $0.00 Family $0.00 Employee Cost Sharing Contribution (enter as negative - ) Subtotal 0.00 $0.00 $0.00 Retirees - Health Benefits - Annual Cost Single Coverage 14 $8,407.92 $117,710.88 Parent & Child 0 $0.00 $0.00 Employee & Spouse (or Partner) 24 $18,720.63 $449,295.12 Family 3 $35,111.96 $105,335.88 Employee Cost Sharing Contribution (enter as negative - ) $0.00 Subtotal 41.00 $62,240.51 $672,341.88 GRAND TOTAL 131.00 $138,255.83 $2,327,610.64 Note - other health insurances such as dental and vision are not included in this analysis unless included in the employees total premium. Therefore, the total from this sheet may not agree with the budgeted appropriation. Is medical coverage provided by the SHBP (Yes or No)? Is prescription drug coverage provided by the SHBP (Yes or No)? Sheet UFB-8 YES YES

Organization/Individuals Eligible for Benefit USER FRIENDLY BUDGET SECTION ACCUMULATED ABSENCE LIABILITY Gross Days of Accumulated Absence Dollar Value of Compensated Absences Approved Labor Agreement Legal basis for benefit (check applicable items) Local Ordinance Individual Employment Agreement P.B.A. - Police Department 3048.97 $640,450.55 X I.A.F.F. - Fire Department 864.16 $167,107.72 X U.A.W. - Blue Collar 1444.50 $147,456.10 X U.A.W. - White Collar 1300.06 $121,525.85 X U.A.W. - Upper Management 564.00 $62,209.22 X U.A.W. - Middle Management 113.50 $18,585.18 X NON-UNION Police Department Captain 254.50 $50,152.96 X X City Manager/Tax Collector 415.00 $27,920.00 X X Police Department Lieutenant 395.00 $21,764.40 X X Fire Department Chief 21.77 $15,000.00 X X Beach Supervisor 382.00 $15,000.00 X Tax Assessor 62.50 $11,615.60 X City Clerk 70.00 $9,917.46 X Chief Financial Officer 9.75 $2,711.64 X Non-Union (all others) 130.25 $13,621.03 X Totals 9075.96 $1,325,037.71 Total Funds Reserved as of end of 2014 $13,133.27 Total Funds Appropriated in 2015 $42,500.00 UFB-9 Accumulated Absence Liability

USER FRIENDLY BUDGET SECTION - OUTSTANDING DEBT; PER CAPITA AND BUDGET IMPACT Gross Net Current Year 2016 2017 All Additional Future Debt Deductions Debt Budget Budget Budget Years' Budgets Local School Debt $0.00 Utility Fund - Principal $1,141,200.00 $1,176,500.00 $1,219,000.00 $13,385,500.00 Regional School Debt $2,235,791.73 $2,235,791.73 $0.00 Utility Fund - Interest $626,250.00 $583,550.00 $537,800.00 $6,062,000.00 Bond Anticipation Notes - Principal $0.00 $0.00 $0.00 $0.00 Utility Fund Debt Bond Anticipation Notes - Interest $16,200.00 $32,000.00 $48,000.00 $0.00 Water/Sewer $18,596,025.56 $18,596,025.56 $0.00 Bonds - Principal $1,648,000.00 $1,728,000.00 $1,812,500.00 $14,962,500.00 Tourism $0.00 $0.00 $0.00 Bonds - Interest $701,000.00 $643,500.00 $576,200.00 $2,572,500.00 Beach $3,017,800.00 $3,017,800.00 $0.00 Loans & Other Debt - Principal $35,200.00 $39,200.00 $39,200.00 $233,500.00 0 $0.00 Loans & Other Debt - Interest $8,000.00 $7,200.00 $6,300.00 $19,000.00 0 $0.00 0 $0.00 Total $4,175,850.00 $4,209,950.00 $4,239,000.00 $37,235,000.00 Municipal Purposes Debt Authorized $23,878,750.00 $879,182.19 $22,999,567.81 Total Principal $2,824,400.00 $2,943,700.00 $3,070,700.00 $28,581,500.00 Notes Outstanding $1,600,000.00 $1,600,000.00 Total Interest $1,351,450.00 $1,266,250.00 $1,168,300.00 $8,653,500.00 Bonds Outstanding $20,150,028.16 $20,150,028.16 % of Total Current Year Budget 15.27% Loans and Other Debt $346,709.59 $346,709.59 Description Total (Current Year) $69,825,105.04 $24,728,799.48 $45,096,305.56 Total Guarantees - Governmental Total Guarantees - Other Total Capital/Equipment Leases Population (2010 census) 3,607 Total Other Debt Not Listed Above Per Capita Gross Debt $19,358.22 Bond Rating Moody's Standard & Poors Fitch Per Capita Net Debt $12,502.44 Rating AA Year of Last Rating 2014 3 Yr. Average Property Valuation $2,748,058,000.33 Mark "X" if Municipality has no bond rating Net Debt as % of 3 Year Avg Property Valuation 1.64% Sheet UFB-10

USER FRIENDLY BUDGET SECTION - SHARED SERVICES PROVIDED AND RECEIVED Providing or Receiving Services? Providing Services To/Receiving Services From Type of Shared Service Provided Notes (Enter more specifics if needed) Begin Date End Date Amount to be Received/Paid Providing Cape May Point Construction Office Inspections/Plan Review 1/1/2014 10/31/2019 90% of Associated UC Providing Cape May Point Municipal Court 3/1/2010 3/1/2017 $12,752.00 Providing Cape May Point Police Protection Services 1/1/2009 12/31/2015 $276,889.00 Providing Cape May Point Emergency Medical Services 3/1/2015 2/29/2016 MAX $32,618 Providing Cape May Point Water Utility Services 1/1/1997 written termin User Fees based on Co Providing West Cape May Police Protection Services 1/1/2009 12/31/2015 $458,185.00 Providing West Cape May Emergency Medical Services 3/1/2015 2/29/2016 MAX $98,319 Providing West Cape May Water Utility Services 1/1/1997 written termin User Fees based on Co Providing United States Coast Guard Water Utility Services 2/1/1991 written termin User Fees based on Co Sheet UFB-11

USER FRIENDLY BUDGET SECTION - LIST OF AUTHORITIES AND FIRE DISTRICTS Please set forth below the names of all authorities and fire districts that serve your municipality Cape May City Housing Authority

(Press ALT-Enter to go to a new line in each cell) USER FRIENDLY BUDGET SECTION - Notes