Trust Fund Project Report 3-31-2024

This document is a Trust Fund Project Report for Bloomingdale Borough, Passaic County, covering financial activity from January 1, 2023, to March 31, 2024. It provides a detailed summary of revenues, including interest earned and payments-in-lieu of construction, totaling $140,182.27 as of March 31, 2024. The report also outlines expenditures, primarily for administration and housing activity, amounting to $113,605.22 during the same period. The trust fund balance as of March 31, 2024, is reported as $26,577.05, noting that while an ordinance exists for non-residential development fees, none have been collected to date. This document is a financial statement and does not represent an active procurement opportunity or request for proposal.