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2018 Annual Financial Statement

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Executive Summary

This document is the Annual Financial Statement (unaudited) for the Township of Mannington, Salem County, New Jersey, for the year 2018. It includes details on the township's financial status, budget, assets, liabilities, and various fund balances as of December 31, 2018. The report provides a breakdown of revenues, expenditures, and debt, along with certifications by the Chief Financial Officer and Registered Municipal Accountant regarding the accuracy and compliance of the financial information. The document was to be filed by municipalities by February 10, 2019, with a penalty of five dollars per day if not filed.

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--- Document: 2018 Annual Financial Statement Document ---
Page 1 of 76
ANNUAL FINANCIAL STATEMENT FOR THE YEAR 2018
(UNAUDITED)
POPULATION LAST CENSUS
1,806
NET VALUATION TAXABLE 2018
$189,479,704.00
MUNICODE
1705
FIVE DOLLARS PER DAY PENALTY IF NOT FILED BY: 
COUNTIES - JANUARY 26, 2019
MUNICIPALITIES - FEBRUARY 10, 2019
ANNUAL FINANCIAL STATEMENT REQUIRED TO BE FILED UNDER NEW JERSEY STATUTES ANNOTATED 
40A:5-12, AS AMENDED, COMBINED WITH INFORMATION REQUIRED PRIOR TO CERTIFICATION OF 
BUDGETS BY THE DIRECTOR OF THE DIVISION OF LOCAL GOVERNMENT SERVICES
Township
of
Mannington
County of
Salem
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:
Diane Bowman
Title:
(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, 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 Diane Bowman am the Chief Financial Officer, License #N-0788, of the Township of 
Mannington, County of Salem 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, 2018, completely in compliance with N.J.S.A. 40A:5-12, 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, 2018.
 
Prepared by Chief Financial Officer:
No
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.
Signature
Diane Bowman
Title
Address
491 Route 45
Mannington, NJ 08079
Phone Number
Email
manningtontwpcfo@manningtontwp.com


Page 2 of 76
THE REQUIRED CERTIFICATION BY AN RMA IS AS FOLLOWS:
Preparation by Registered Municipal Accountant (Statement of Statutory Auditor Only)
I have prepared the post-closing trial balances, related statements and analyses included in the 
accompanying Annual Financial Statement from the books of account and records made available to me 
by the Township of Mannington as of December 31, 2018 and have applied certain agreed-upon 
procedures thereon as promulgated by the Division of Local Government Services, solely to assist the 
Chief Financial Officer in connection with the filing of the Annual Financial Statement for the year then 
ended as required by N.J.S.A. 40A:5-12, as amended.
Because the agreed-upon 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 post-closing trial 
balances, related statements and analyses. In connection with the agreed-upon procedures no matters 
came to my attention that caused me to believe that the Annual Financial Statement for the year end 
December 31, 2018 is not in substantial compliance with the requirements of the State of New Jersey, 
Department of Community Affairs, Division of Local Government Services. Had I performed additional 
procedures, or had I made an examination of the financial statements in accordance with generally 
accepted auditing standards, other matters might have come to my attention that would have been 
reported to the governing body and the Division. This Annual Financial Statement relates only to the 
accounts and items prescribed by the Division and does not extend to the financial statements of the 
municipality/county, taken as a whole.
Listing of agreed-upon procedures not performed and/or matters coming to my attention of which the 
Director should be informed:
 
Fred S. Caltabiano
Registered Municipal Accountant
Bowman and Company LLP
Firm Name
Address
Phone Number
FCALTABIANO@bowmanllp.com
Email
Certified by me
3/11/2019


Page 3 of 76
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 2019.
The undersigned certifies that this municipality has compiled 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. 5:30-7.5.
Municipality:
Mannington
Chief Financial Officer:
Diane Bowman
Signature:
Diane Bowman
Certificate #:
Date:
3/13/2019
CERTIFICATION OF NON-QUALIFYING 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. 5:30-7.5.
Municipality:
Mannington
Chief Financial Officer:
Signature:
Certificate #:
Date:
3/11/2019


Page 4 of 76
22-1987443
Fed I.D. #
Mannington
Municipality
Salem
County
Report of Federal and State Financial Assistance 
Expenditures of Awards
Fiscal Year Ending: December 31, 2018
(1)
(2)
(3)
Federal Programs 
Expended 
(administered by 
the State)
State Programs 
Expended
Other Federal 
Programs 
Expended
TOTAL
$
$19,127.25
$
Type of Audit required by OMB Uniform 
Guidance and N.J. Circular 15-08-OMB:
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 OMB Uniform Guidance and 
N.J. Circular 15-08 OMB. The single audit threshold has been increased to $750,000 
beginning with fiscal year starting 1/1/2015.
(1) Report expenditures from federal pass-through programs received directly from state 
governments. Federal pass-through 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 pass-through 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.
Diane Bowman
3/13/2019
Signature of Chief Financial Officer
Date


Page 5 of 76
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 Township of Mannington, County of Salem during the year 2018.
I have therefore removed from this statement the sheets pertaining only to utilities.
Signature:
Diane Bowman
Name:
Diane Bowman
Title:
(This must be signed by the Chief Financial Officer, Comptroller, Auditor or Registered Municipal Accountant.)
MUNICIPAL CERTIFICATION OF TAXABLE PROPERTY AS OF OCTOBER 1, 2018
☒ Certification is hereby made that the Net Valuation Taxable of property liable to taxation for the tax 
year 2019 and filed with the County Board of Taxation on January 10, 2019 in accordance with the 
requirement of N.J.S.A. 54:4-35, was in the amount of
$189,858,035
Diane Bowman
SIGNATURE OF TAX ASSESSOR
Mannington
MUNICIPALITY
Salem
COUNTY


Page 6 of 76
CURRENT FUND ASSETS
COMPARATIVE BALANCE SHEET – REGULATORY BASIS
AS OF DECEMBER 31, 2018
2018
Cash:
Cash
1,839,112.73
Sub Total Cash
1,839,112.73
Investments:
Investments
Sub Total Investments
Other Receivables
Due from State of NJ - Senior Citizens & Veterans Deductions
0.00
Sub Total Assets not offset by Reserve for Receivables
Receivables and Other Assets with Full Reserves
Delinquent Taxes
237,576.67
Tax Title Liens
322,208.87
Contract Sales Receivable
0.00
Mortgage Sales Receivable
0.00
Property Acquired by Taxes
985,300.00
Due from Trust Other Funds
4,808.25
Sub Total Receivables and Other Assets with Reserves
1,549,893.79
Deferred Charges
Deferred Charges
Sub Total Deferred Charges
Total Assets
3,389,006.52


Page 7 of 76
CURRENT FUND LIABILITIES, RESERVES AND FUND BALANCE
COMPARATIVE BALANCE SHEET – REGULATORY BASIS
AS OF DECEMBER 31, 2018
2018
Liabilities:
Reserve for Encumbrances
18,115.08
Appropriation Reserves
174,163.13
Accounts Payable
41,431.00
Regional High School Tax Payable
0.00
Regional School Tax Payable
0.00
Local District School Tax Payable
736,290.00
County Taxes Payable
0.00
Due County for Added and Omitted Taxes
0.00
Special District Taxes Payable
0.00
Prepaid Taxes
106,345.46
Due to State of New Jersey - Senior Citizens & Veterans Deductions
458.90
Due to General Capital Fund
1,059.18
Due to Federal and State Grant Fund
26,413.67
Reserve for Encumbrances - Tax Appeals
1,032.50
Reserve for Legal Costs - Tax Appeals
0.12
Reserve for Codification of Ordinances
4,922.76
Reserve for Master Plan
119,109.00
Total Liabilities
1,229,340.80
Total Liabilities, Reserves and Fund Balance:
Reserve for Receivables and Other Assets
0.00
Reserve for Receivables
1,549,893.79
Fund Balance
609,771.93
Total Liabilities, Reserves and Fund Balance
3,389,006.52


Page 8 of 76
FEDERAL AND STATE GRANT FUND
COMPARATIVE BALANCE SHEET – REGULATORY BASIS
AS OF DECEMBER 31, 2018
2018
Assets
Federal and State Grants Receivable
0.00
Federal and State Grants Receivable
17,223.53
Due From Current Fund
26,413.67
Total Assets Federal and State Grant Fund
43,637.20
Liabilities
Appropriated Reserves for Federal and State Grants
43,637.20
Unappropriated Reserves for Federal and State Grants
0.00
Total Liabilities Federal and State Grant Fund
43,637.20


Page 9 of 76
CAPITAL FUND
COMPARATIVE BALANCE SHEET – REGULATORY BASIS
AS OF DECEMBER 31, 2018
2018
Assets
Cash
256,324.89
Grants Receivable
36,250.00
Due from Current Fund
1,059.18
Deferred Charges
Deferred Charges to Future Taxation Unfunded
50,000.00
Deferred Charges
Total Deferred Charges
50,000.00
Total Assets General Capital Fund
343,634.07
Liabilities
Improvement Authorizations - Funded
154,381.55
Improvement Authorizations - Unfunded
50,000.00
General Capital Bonds
0.00
Bond Anticipation Notes
Capital Improvement Fund
125,250.00
Down Payments on Improvements
0.00
Reserve for Building Renovations
445.60
Reserve for Demolition of Property
10,666.00
Reserve for Purchase of Computer Equipment
2,890.92
Total Liabilities and Reserves
343,634.07
Fund Balance
Capital Surplus
0.00
Total General Capital Liabilities
343,634.07


Page 10 of 76
TRUST ASSESSMENT FUND
COMPARATIVE BALANCE SHEET – REGULATORY BASIS
AS OF DECEMBER 31, 2018
2018
Cash:
Cash
Sub Total Cash
Investments
Sub Total Investments
Assets not offset by Receivables
Sub Total Assets not offset by Receivables
Assets offset by the Reserve for Receivables
Assets offset by the Reserve for Receivables
Deferred Charges
Deferred Charges
Sub Total Deferred Charges
Total Assets
Liabilities and Reserves
Assessment Bonds
0.00
Assessment Notes
Total Liabilities and Reserves
Fund Balance
Fund Balance
Total Liabilities, Reserves, and Fund Balance


Page 11 of 76
OTHER TRUST FUND
COMPARATIVE BALANCE SHEET – REGULATORY BASIS
AS OF DECEMBER 31, 2018 
2018
Trust Animal Control Assets
Cash
334.30
Total Dog Trust Assets
334.30
Animal Control Trust Reserves
Due to Current Fund
3.11
Reserve For Animal Control Fund Expenditures
331.19
Total Dog Trust Reserves
334.30
CDBG Assets
Total CDBG Trust Assets
CDBG Reserves
Total CDBG Trust Reserves and Liabilities
LOSAP Trust Assets
Total LOSAP Trust Assets
LOSAP Trust Reserves
Total LOSAP Trust Reserves
Open Space Trust Assets
Cash
60,684.95
Total Open Space Trust Assets
60,684.95
Open Space Trust Reserves
Reserve for Future Use
60,684.95
Total Open Space Trust Reserves
60,684.95
Other Trust Assets
Cash
122,987.54
Total Other Trust Assets
122,987.54
Other Trust Reserves
Due to Current Fund
4,808.25
Total Miscellaneous Trust Reserves (31-287)
73,547.68
Total Trust Escrow Reserves (31-286)
44,631.61
Total Other Trust Reserves and Liabilities
122,987.54


Page 12 of 76
PUBLIC ASSISTANCE FUND
COMPARATIVE BALANCE SHEET – REGULATORY BASIS
AS OF DECEMBER 31, 2018 
2018
Assets
Total Public Assistance Assets
Liabilities and Reserves
Total Public Assistance Reserves and Liabilities


Page 13 of 76
SCHEDULE OF TRUST FUND RESERVES
Purpose
Amount Dec. 31, 2017 Per 
Audit Report
Receipts
Disbursements
Balance as of 
Dec. 31, 2018
Reserve for Escrow Deposits/Performance Bonds
$37,015.61
$89,658.69
$85,097.33
$41,576.97
Reserve for Payroll Withholdings
$3,058.58
$304,070.69
$303,327.31
$3,801.96
Storm Recovery
$42,778.36
$45,633.48
$20,744.55
$67,667.29
Reserve for Tax Title Lien Redemption/Premiums
$4,050.24
$4.40
$1,000.00
$3,054.64
Reserve for Unemployment
$7,584.07
$20.93
$6,175.98
$1,429.02
Reserve for Veteran's Park
$649.41
$
$
$649.41
Totals
$95,136.27
$439,388.19
$416,345.17
$118,179.29


Page 14 of 76
ANALYSIS OF TRUST ASSESSMENT CASH AND INVESTMENTS PLEDGED TO
LIABILITIES AND SURPLUS
Receipts
Title of Liability to which Cash and Investments are 
Pledged
Audit Balance Dec. 
31, 2017
Assessments 
and Liens
Current Budget
Other
Disbursements
Balance Dec. 31, 2018
Assessment Bond Anticipation Note Issues:
Other Liabilities 
Trust Surplus
Trust Surplus
0.00
0.00
Less Assets “Unfinanced”
Totals
0.00
0.00


Page 15 of 76
CASH RECONCILIATION DECEMBER 31, 2018
Cash
On Hand
On Deposit
Less Checks 
Outstanding
Cash Book Balance
Capital - General
256,877.39
552.50
256,324.89
Current
109,898.93
1,738,081.49
8,867.69
1,839,112.73
Federal and State Grant Fund
Municipal Open Space Trust Fund
60,684.95
60,684.95
Public Assistance #1**
Public Assistance #2**
Trust - Assessment
Trust - Dog License
334.30
334.30
Trust - Other
279.69
132,253.47
9,545.62
122,987.54
Total
110,178.62
2,188,231.60
18,965.81
2,279,444.41
* - 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, 
2018.
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, 2018.
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:
Diane Bowman
Title:


Page 16 of 76
CASH RECONCILIATION DECEMBER 31, 2018 (CONT'D)
LIST BANKS AND AMOUNTS SUPPORTING "CASH ON DEPOSIT"
Bank
Amount
FULTON BANK CURRENT FUND CFO
1,155,181.51
ELMER BANK CURRENT FUND CFO
254,772.60
FRANKLIN BANK CURRENT FUND CFO
254,738.86
FULTON BANK CURRENT FUND TAX COLLECTOR
73,388.52
FULTON BANK GENERAL CAPITAL FUND
256,877.39
FULTON BANK ANIMAL CONTROL FUND
334.30
FULTON BANK OPEN SPACE TRUST FUND
60,684.95
FULTON BANK TRUST OTHER FUND
51,279.07
FULTON BANK TRUST OTHER FUND
1,429.02
FULTON BANK TRUST OTHER FUND
3,050.00
FULTON BANK TRUST OTHER FUND
4.64
FULTON BANK TRUST OTHER FUND
67,763.62
FULTON BANK TRUST OTHER FUND
649.41
FULTON BANK TRUST OTHER FUND
8,077.71
Total
2,188,231.60
Note: Sections N.J.S.A. 40A:4-61, 40A:4-62 and 40A:4-63 of the Local Budget Law require that separate 
bank accounts be maintained for each allocated fund.


Page 17 of 76
MUNICIPALITIES AND COUNTIES FEDERAL AND STATE GRANTS RECEIVABLE 
Grant
Balance Jan. 1, 2018
2018 Budget 
Revenue Realized
Received
Canceled
Other
Balance 
Dec. 31, 2018
Other Grant Receivable 
Description
Alcohol Education and Rehabilitation 
Fund
805.56
805.56
0.00
Clean Communities
8,580.74
8,580.74
0.00
JIF Employee Safety Incentive
1,769.39
1,755.00
2,112.30
1,412.09
JIF Safety Reimbursement
1,097.20
750.00
1,142.70
704.50
JIF Wellness Program
509.04
500.00
500.00
509.04
Municipal Alliance
13,814.28
3,879.00
3,095.38
14,597.90
Total
17,189.91
16,270.30
16,236.68
0.00
0.00
17,223.53


Page 18 of 76
SCHEDULE OF APPROPRIATED RESERVES FOR FEDERAL AND STATE GRANTS
Transferred from 2018 Budget 
Appropriations
Grant
Balance 
Jan. 1, 2018
Budget
Appropriation by 
40A:4-87
Expended
Cancelled
Other
Balance 
Dec. 31 2018
Other Grant Receivable 
Description
Alcohol Education and 
Rehabilitation Fund
10,573.26
805.56
5,846.50
5,532.32
Clean Communities
15,223.16
8,580.74
9,929.02
13,874.88
Farmland Preservation
200.00
200.00
JIF Employee Safety Incentive
1,824.25
1,755.00
1,539.76
2,039.49
JIF Safety Reimbursement
1,940.87
750.00
750.00
1,940.87
JIF Wellness Program
500.00
500.00
0.00
Municipal Alliance
13,954.37
970.00
3,879.00
3,351.73
15,451.64
State Police SLA HEOP
3,131.00
3,131.00
Stormwater Grant
1,467.00
1,467.00
Total
48,313.91
3,975.00
13,265.30
21,917.01
0.00
0.00
43,637.20


Page 19 of 76
SCHEDULE OF UNAPPROPRIATED RESERVES FOR FEDERAL AND STATE GRANTS
Transferred from 2018 Budget 
Appropriations
Grant
Balance 
Jan. 1, 2018
Budget
Appropriation By 
40A:4-87
Receipts
Grants Receivable
Other
Balance 
Dec. 31, 2018
Other Grant Receivable 
Description
Total
0.00


Page 20 of 76
LOCAL DISTRICT SCHOOL TAX
Debit
Credit
Balance January 1, 2018
xxxxxxxxxx
xxxxxxxxxx
      School Tax Payable # 
xxxxxxxxxx
711,290.00
      School Tax Deferred
(Not in excess of 50% of Levy - 2017 -2018) 
xxxxxxxxxx
400,000.00
Prepaid Beginning Balance
Levy School Year July 1, 2018- June 30, 2019
xxxxxxxxxx
2,840,727.00
Levy Calendar Year 2018
xxxxxxxxxx
Paid
2,815,727.00
xxxxxxxxxx
Balance December 31, 2018
xxxxxxxxxx
xxxxxxxxxx
      School Tax Payable # 
736,290.00
xxxxxxxxxx
      School Tax Deferred
      (Not in excess of 50% of Levy -2018 -2019) 
400,000.00
xxxxxxxxxx
Prepaid Ending Balance
xxxxxxxxxx
3,952,017.00
3,952,017.00
Amount Deferred at during year
* Not including Type 1 school debt service, emergency authorizations-schools, transfer to Board of 
Education for use of local schools
# Must include unpaid requisitions
MUNICIPAL OPEN SPACE TAX
Debit
Credit
Balance January 1, 2018
xxxxxxxxxx
0.00
2018 Levy 
xxxxxxxxxx
37,895.94
Added and Omitted Levy
xxxxxxxxxx
Interest Earned
xxxxxxxxxx
Expenditures
37,895.94
xxxxxxxxxx
Balance December 31, 2018
0.00
xxxxxxxxxx
37,895.94
37,895.94


Page 21 of 76
REGIONAL SCHOOL TAX
Debit
Credit
Balance January 1, 2018
xxxxxxxxxx
xxxxxxxxxx
      School Tax Payable
xxxxxxxxxx
0.00
      School Tax Deferred
      (Not in excess of 50% of Levy - 2017 -2018) 
xxxxxxxxxx
0.00
Prepaid Beginning Balance
xxxxxxxxxx
Levy School Year July 1, 2018- June 30, 2019
xxxxxxxxxx
Levy Calendar Year 2018
xxxxxxxxxx
Paid
xxxxxxxxxx
Balance December 31, 2018
xxxxxxxxxx
xxxxxxxxxx
      School Tax Payable
0.00
xxxxxxxxxx
      School Tax Deferred
      (Not in excess of 50% of Levy - 2018 -2019) 
0.00
xxxxxxxxxx
Prepaid Ending Balance
xxxxxxxxxx
0.00
0.00
Amount Deferred at during Year
# Must include unpaid requisitions
REGIONAL HIGH SCHOOL TAX
Debit
Credit
Balance January 1, 2018
xxxxxxxxxx
xxxxxxxxxx
      School Tax Payable
xxxxxxxxxx
0.00
      School Tax Deferred
      (Not in excess of 50% of Levy - 2017 - 2018 )
xxxxxxxxxx
0.00
Prepaid Beginning Balance
xxxxxxxxxx
Levy School Year July 1, 2018- June 30, 2019
xxxxxxxxxx
Levy Calendar Year 2018
xxxxxxxxxx
Paid
xxxxxxxxxx
Balance December 31, 2018
xxxxxxxxxx
xxxxxxxxxx
      School Tax Payable
0.00
xxxxxxxxxx
      School Tax Deferred
      (Not in excess of 50% of Levy - 2018 -2019) 
0.00
xxxxxxxxxx
Prepaid Ending Balance
xxxxxxxxxx
0.00
0.00
Amount Deferred at during year
# Must include unpaid requisitions


Page 22 of 76
COUNTY TAXES PAYABLE
Debit
Credit
Balance January 1, 2018
xxxxxxxxxx
xxxxxxxxxx
      County Taxes 
xxxxxxxxxx
0.00
      Due County for Added and Omitted Taxes 
xxxxxxxxxx
0.00
2018 Levy
xxxxxxxxxx
xxxxxxxxxx
General County 
xxxxxxxxxx
2,146,659.29
County Library 
xxxxxxxxxx
County Health
xxxxxxxxxx
County Open Space Preservation
xxxxxxxxxx
36,540.98
Due County for Added and Omitted Taxes 
xxxxxxxxxx
9,337.08
Paid
2,192,537.35
xxxxxxxxxx
Balance December 31, 2018
xxxxxxxxxx
xxxxxxxxxx
      County Taxes
0.00
xxxxxxxxxx
      Due County for Added and Omitted Taxes
0.00
xxxxxxxxxx
2,192,537.35
2,192,537.35
Paid for Regular County Levies
2,183,200.27
Paid for Added and Omitted Taxes
9,337.08
SPECIAL DISTRICT TAXES
Debit
Credit
Balance January 1, 2018
xxxxxxxxxx
0.00
2018Levy (List Each Type of District Tax 
Separately – see Footnote)
xxxxxxxxxx
xxxxxxxxxx
xxxxxxxxxx
Total 2018 Levy
xxxxxxxxxx
Paid
xxxxxxxxxx
Balance December 31, 2018
0.00
xxxxxxxxxx
0.00
0.00
Footnote: Please state the number of districts in each instance.


Page 23 of 76
STATEMENT OF GENERAL BUDGET REVENUES 2018
Source
Budget -01
Realized -02
Excess or 
Deficit -03
Surplus Anticipated
260,000.00
260,000.00
0.00
Surplus Anticipated with Prior Written Consent of Director 
of Local Government
Adopted Budget
324,723.00
365,171.45
40,448.45
Added by N.J.S.A. 40A:4-87
13,265.30
13,265.30
0.00
Total Miscellaneous Revenue Anticipated 
337,988.30
378,436.75
40,448.45
Receipts from Delinquent Taxes 
97,550.00
265,506.41
167,956.41
Amount to be Raised by Taxation:
xxxxxxxxxx
xxxxxxxxxx
xxxxxxxxxx
     (a) Local Tax for Municipal Purposes 
534,483.23
xxxxxxxxxx
xxxxxxxxxx
     (b) Addition to Local District School Tax 
xxxxxxxxxx
xxxxxxxxxx
     (c) Minimum Library Tax 
xxxxxxxxxx
xxxxxxxxxx
County Only: Total Raised by Taxation
xxxxxxxxxx
xxxxxxxxxx
Total Amount to be Raised by Taxation 
534,483.23
513,110.40
-21,372.83
1,230,021.53
1,417,053.56
187,032.03
ALLOCATION OF CURRENT TAX COLLECTIONS
Debit
Credit
Current Taxes Realized in Cash
xxxxxxxxxx
5,298,295.46
Amount to be Raised by Taxation:
xxxxxxxxxx
xxxxxxxxxx
     Local District School Tax
2,840,727.00
xxxxxxxxxx
     Regional School Tax 
xxxxxxxxxx
     Regional High School Tax 
xxxxxxxxxx
     County Taxes 
2,183,200.27
xxxxxxxxxx
     Due County for Added and Omitted Taxes 
9,337.08
xxxxxxxxxx
     Special District Taxes 
xxxxxxxxxx
     Municipal Open Space Tax 
37,895.94
xxxxxxxxxx
Reserve for Uncollected Taxes 
xxxxxxxxxx
285,975.23
Deficit in Required Collection of Current Taxes (or) 
xxxxxxxxxx
Balance for Support of Municipal Budget (or) 
513,110.40
xxxxxxxxxx
*Excess Non-Budget Revenue (see footnote) 
xxxxxxxxxx
*Deficit Non-Budget Revenue (see footnote) 
xxxxxxxxxx
5,584,270.69
5,584,270.69
* 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 "Non-Budget Revenue" only.


Page 24 of 76
STATEMENT OF GENERAL BUDGET REVENUES 2018
MISCELLANEOUS REVENUES ANTICIPATED: ADDED BY N.J.S.A. 40A:4-87
Source
Budget
Realized
Excess or (Deficit)
Municipal Alliance
3,879.00
3,879.00
0.00
Alcohol Education and Rehabilitation Fund
805.56
805.56
0.00
Clean Communities
8,580.74
8,580.74
0.00
TOTAL
13,265.30
13,265.30
0.00
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:4-87 and matching funds have been provided if applicable.
CFO Signature:
Diane Bowman


Page 25 of 76
STATEMENT OF GENERAL BUDGET APPROPRIATIONS 2018
2018 Budget as Adopted
1,216,756.23
2018 Budget - Added by N.J.S.A. 40A:4-87
13,265.30
Appropriated for 2018 (Budget Statement Item 9)
1,230,021.53
 Appropriated for 2018 Emergency Appropriation (Budget Statement Item 9)
Total General Appropriations (Budget Statement Item 9)
1,230,021.53
Add: Overexpenditures (see footnote)
Total Appropriations and Overexpenditures
1,230,021.53
Deduct Expenditures:
   Paid or Charged [Budget Statement Item (L)]
769,883.17
   Paid or Charged - Reserve for Uncollected Taxes
285,975.23
   Reserved
174,163.13
Total Expenditures
1,230,021.53
Unexpended Balances Cancelled (see footnote)
0.00
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) 
2018 Authorizations
     N.J.S.A. 40A:4-46 (After adoption of Budget)
     N.J.S.A. 40A:4-20 (Prior to adoption of Budget)
Total Authorizations
Deduct Expenditures:
     Paid or Charged
     Reserved
Total Expenditures


Page 26 of 76
RESULTS OF 2018 OPERATION
CURRENT FUND
Debit
Credit
Cancelation of Reserves for Federal and State Grants 
(Credit)
Cancellation of Federal and State Grants Receivable 
(Debit)
Deferred School Tax Revenue: Balance December 31, 
CY
400,000.00
Deferred School Tax Revenue: Balance January 1, CY
400,000.00
Deficit in Anticipated Revenues: Delinquent Tax 
Collections
Deficit in Anticipated Revenues: Miscellaneous 
Revenues Anticipated
0.00
Deficit in Anticipated Revenues: Required Collection 
of Current Taxes
21,372.83
Excess of Anticipated Revenues: Delinquent Tax 
Collections
167,956.41
Excess of Anticipated Revenues: Miscellaneous 
Revenues Anticipated
40,448.45
Excess of Anticipated Revenues: Required Collection 
of Current Taxes
0.00
Interfund Advances Originating in CY (Debit)
Miscellaneous Revenue Not Anticipated
34,711.49
Miscellaneous Revenue Not Anticipated: Proceeds of 
Sale of Foreclosed Property
Prior Years Interfunds Returned in CY (Credit)
Refund of Prior Year Revenue (Debit)
Senior Citizen Deductions Disallowed - Prior Year 
Taxes (Debit)
Statutory Excess in Reserve for Dog Fund 
Expenditures (Credit)
Sale of Municipal Assets (Credit)
Unexpended Balances of CY Budget Appropriations
0.00
Unexpended Balances of PY Appropriation Reserves 
(Credit)
108,087.80
Surplus Balance
329,831.32
xxxxxxxxxx
Deficit Balance
xxxxxxxxxx
751,204.15
751,204.15


Page 27 of 76
SCHEDULE OF MISCELLANEOUS REVENUES NOT ANTICIPATED
Source
Amount Realized
Vacant Property Registration
1,000.00
Zoning Permits
1,600.00
Comcast Franchise Fees
3,816.05
Miscellaneous
2,254.86
Registrar
23,790.58
Street Openings
2,250.00
Total Amount of Miscellaneous Revenues Not Anticipated
$34,711.49


Page 28 of 76
SURPLUS – CURRENT FUND
YEAR 2018
Debit
Credit
Amount Appropriated in the CY Budget - Cash
260,000.00
Amount Appropriated in the CY Budget - with 
Prior Written Consent of Director of Local 
Government Services
Balance January 1, CY (Credit)
539,940.61
Excess Resulting from CY Operations
329,831.32
Miscellaneous Revenue Not Anticipated: Payments 
in Lieu of Taxes on Real Property (Credit)
Surplus Balance - To Surplus
Balance December 31, 2018                                        
609,771.93
xxxxxxxxxx
869,771.93
869,771.93
ANALYSIS OF BALANCE DECEMBER 31, 2018
(FROM CURRENT FUND – TRIAL BALANCE)
 
Cash
1,839,112.73
Investments
Sub-Total
1,839,112.73
Deduct Cash Liabilities Marked with “C” on Trial Balance
1,229,340.80
Cash Surplus
609,771.93
Deficit in Cash Surplus
Other Assets Pledged to Surplus
Due from State of N.J. Senior Citizens and Veterans 
Deduction
0.00
Deferred Charges #
Cash Deficit
Total Other Assets
0.00
609,771.93


Page 29 of 76
(FOR MUNICIPALITIES ONLY)
CURRENT TAXES – 2018 LEVY
1.
Amount of Levy as per Duplicate (Analysis) #
$5,596,306.44
                        or
         (Abstract of Ratables)
$
2.
Amount of Levy Special District Taxes
$
3.
Amount Levied for Omitted Taxes under N.J.S.A. 54:4-63.12 et. seq.
$
4.
Amount Levied for Added Taxes under 
$24,871.40
N.J.S.A. 54:4-63.1 et. seq.
5a.
Subtotal 2018 Levy
$5,621,177.84
5b.
Reductions due to tax appeals **
$
5c.
Total 2018 Tax Levy
$5,621,177.84
6.
Transferred to Tax Title Liens
$57,512.76
7.
Transferred to Foreclosed Property
$
8.
Remitted, Abated or Canceled
$27,792.95
9.
Discount Allowed
$
10.
Collected in Cash:  In 2017
$188,347.85
           In 2018*
$5,038,882.49
Homestead Benefit Revenue
$51,315.12
State's Share of 2018 Senior Citizens and Veterans 
Deductions Allowed
$19,750.00
Total to Line 14
$5,298,295.46
11.
Total Credits
$5,383,601.17
12.
Amount Outstanding December 31, 2018
$237,576.67
13.
Percentage of Cash Collections to Total 2018 Levy,
(Item 10 divided by Item 5c) is
94.2560
Note: Did Municipality Conduct Accelerated Tax Sale or Tax Levy 
Sale?
No
14.
Calculation of Current Taxes Realized in Cash:
Total of Line 10
$5,298,295.46
Less:  Reserve for Tax Appeals Pending
$
            State Division of Tax Appeals
To Current Taxes Realized in Cash
$5,298,295.46
Note A: In showing the above percentage the following should be noted:
Where Item 5 shows $5,621,177.84, and Item 10 shows $5,298,295.46, the percentage represented by the 
cash collections would be $5,298,295.46 / $5,621,177.84 or 94.2560. The correct percentage to be shown 
as Item 13 is 94.2560%.
# 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 2018 collections.
** Tax appeals pursuant to R.S. 54:3-21 et seq and/or R.S. 54:48-1 et seq approved by resolution of the 
governing body prior to introduction of municipal budget. (N.J.S.A. 40A:4-41)


Page 30 of 76
ACCELERATED TAX SALE/TAX LEVY SALE – CHAPTER 99
To Calculate Underlying Tax Collection Rate for 2018
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……………………………………………...
LESS: Proceeds from Accelerated Tax Sale……………………………………
          NET Cash Collected…………………………………………………….
Line 5c Total 2018 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………………………………………………
LESS: Proceeds from Tax Levy Sale (excluding premium)……………………..
          NET Cash Collected...................................................................................
Line 5c Total 2018 Tax Levy……………
Percentage of Collection Excluding Accelerated Tax Sale Proceeds
(Net Cash Collected divided by Item 5c) is……………………………………


Page 31 of 76
SCHEDULE OF DUE FROM/TO STATE OF NEW JERSEY
FOR SENIOR CITIZENS AND VETERANS DEDUCTIONS
Debit
Credit
1
Balance Jan 1, CY: Due From State of New 
Jersey (Debit)
41.10
1
Balance Jan 1, CY: Due To State of New 
Jersey (Credit)
0.00
9
Received in Cash from State (Credit)
20,250.00
5
Sr Citizens Deductions Allowed By Tax 
Collector – Prior Years (Debit)
4
Sr. Citizen & Veterans Deductions Allowed 
by Collector (Debit)
7
Sr. Citizen & Veterans Deductions 
Disallowed by Collector (Credit)
8
Sr. Citizens Deductions Disallowed By Tax 
Collector PY Taxes (Credit)
2
Sr. Citizens Deductions Per Tax Billings 
(Debit)
5,750.00
3
Veterans Deductions Per Tax Billings 
(Debit)
14,000.00
Balance December 31, 2018
458.90
20,250.00
20,250.00
Calculation of Amount to be included on Sheet 22, Item 
10- 2018 Senior Citizens and Veterans Deductions 
Allowed 
Line 2
5,750.00
Line 3
14,000.00
Line 4
Sub-Total
19,750.00
Less: Line 7
To Item 10
19,750.00


Page 32 of 76
SCHEDULE OF RESERVE FOR TAX APPEALS PENDING
(N.J.S.A. 54:3-27)
Debit
Credit
Balance January 1, 2018
xxxxxxxxxx
0.00
     Taxes Pending Appeals
0.00
xxxxxxxxxx
xxxxxxxxxx
     Interest Earned on Taxes Pending      
Appeals
0.00
xxxxxxxxxx
xxxxxxxxxx
Contested Amount of 2018 Taxes Collected which are 
Pending State Appeal
xxxxxxxxxx
Interest Earned on Taxes Pending State Appeals
xxxxxxxxxx
Budget Appropriation
xxxxxxxxxx
Cash Paid to Appellants 
(Including 5% Interest from Date of Payment
xxxxxxxxxx
Closed to Results of Operations 
(Portion of Appeal won by Municipality, including Interest)
xxxxxxxxxx
Balance December 31, 2018
xxxxxxxxxx
     Taxes Pending Appeals*
xxxxxxxxxx
xxxxxxxxxx
     Interest Earned on Taxes Pending       
Appeals
xxxxxxxxxx
xxxxxxxxxx
*Includes State Tax Court and County Board of Taxation
Appeals Not Adjusted by December 31, 2018
Diane Bowman
Signature of Tax Collector
3/13/2019
License #
Date


Page 33 of 76
SCHEDULE OF DELINQUENT TAXES AND TAX TITLE LIENS
Debit
Credit
1.
Balance January 1, 2018
516,820.74
xxxxxxxxxx
A.  Taxes
262,297.89
xxxxxxxxxx
xxxxxxxxxx
B.  Tax Title Liens
254,522.85
xxxxxxxxxx
xxxxxxxxxx
2.
Cancelled
A.  Taxes
xxxxxxxxxx
B.  Tax Title Liens
xxxxxxxxxx
3.
Transferred to Foreclosed Tax Title Liens:
A.  Taxes
xxxxxxxxxx
B.  Tax Title Liens
xxxxxxxxxx
4.
Added Taxes
967.39
xxxxxxxxxx
5.
Added Tax Title Liens
xxxxxxxxxx
6.
Adjustment between Taxes (Other than current year)
A.  Taxes - Transfers to Tax Title Liens
xxxxxxxxxx
25,920.65
B.  Tax Title Liens - Transfers from 
Taxes
25,920.65
xxxxxxxxxx
7.
Balance Before Cash Payments
xxxxxxxxxx
517,788.13
8.
Totals
543,708.78
543,708.78
9.
Collected:
xxxxxxxxxx
265,506.41
A.  Taxes
237,344.63
xxxxxxxxxx
xxxxxxxxxx
B.  Tax Title Liens
28,161.78
xxxxxxxxxx
xxxxxxxxxx
10.
Interest and Costs - 2018 Tax Sale
12,414.39
xxxxxxxxxx
11.
2018 Taxes Transferred to Liens
57,512.76
xxxxxxxxxx
12.
2018 Taxes
237,576.67
xxxxxxxxxx
13.
Balance December 31, 2018
xxxxxxxxxx
559,785.54
A.  Taxes
237,576.67
xxxxxxxxxx
xxxxxxxxxx
B.  Tax Title Liens
322,208.87
xxxxxxxxxx
xxxxxxxxxx
14.
Totals
825,291.95
825,291.95
15.
Percentage of Cash Collections to 
Adjusted Amount Outstanding
(Item No. 9 divided by Item 
No. 7) is
51.2770
16.
Item No. 14 multiplied by percentage 
shown above is
287,041.23
and represents the 
maximum amount that may be anticipated 
in 2019.
(See Note A on Sheet 22 - Current Taxes)
(1) These amounts will always be the 
same.


Page 34 of 76
SCHEDULE OF FORECLOSED PROPERTY
(PROPERTY ACQUIRED BY TAX TITLE LIEN LIQUIDATION)
Debit
Credit
Adjustment to Assessed Valuation (Credit)
Adjustment to Assessed Valuation (Debit)
Balance January 1, CY (Debit)
985,300.00
Foreclosed or Deeded in CY: Tax Title Liens (Debit)
Foreclosed or Deeded in CY: Taxes Receivable 
(Debit)
Sales: Mortgage (Credit)
Sales: Cash* (Credit)
Sales: Contract (Credit)
Sales: Gain on Sales (Debit)
Sales: Loss on Sales (Credit)
Balance December 31, 2018
xxxxxxxxxx
985,300.00
985,300.00
985,300.00
CONTRACT SALES
Debit
Credit
Balance January 1, CY (Debit)
0.00
Collected * (Credit)
CY Sales from Foreclosed Property (Debit)
Balance December 31, 2018
xxxxxxxxxx
MORTGAGE SALES
Debit
Credit
Balance January 1, CY (Debit)
0.00
Collected * (Credit)
CY Sales from Foreclosed Property (Debit)
Balance December 31, 2018
xxxxxxxxxx
Analysis of Sale of Property:
$0.00
*Total Cash Collected in 2018
Realized in 2018 Budget
To Results of Operation
0.00


Page 35 of 76
DEFERRED CHARGES
- MANDATORY CHARGES ONLY -
CURRENT, TRUST, AND GENERAL CAPITAL FUNDS
(Do not include the emergency authorizations pursuant to 
N.J.S.A. 40A:4-55, N.J.S.A. 40A:4-55.1 or N.J.S.A. 40A:4-55.13)
Caused By
Amount 
Dec. 31, 2017 
per Audit 
Report
Amount in 
2018 Budget
Amount 
Resulting from 
2018
Balance as at 
Dec. 31, 2018
Trust Assessment
$0.00
$
$
$
Animal Control Fund
$0.00
$
$
$
Capital -
$0.00
$
$
$
Trust Other
$0.00
$
$
$
Subtotal Current Fund
$0.00
$
$
$
Subtotal Trust Fund
$0.00
$
$
$
Subtotal Capital Fund
$0.00
$
$
$
Total Deferred Charges
$0.00
$
$
$
EMERGENCY AUTHORIZATIONS UNDER N.J.S.A. 40A:4-47 WHICH 
HAVE BEEN FUNDED OR REFUNDED UNDER N.J.S.A. 40A:2-3 OR 
N.J.S.A. 40A:2-51
Date
Purpose
Amount
$
JUDGEMENTS ENTERED AGAINST MUNICIPALITY AND NOT 
SATISFIED
In Favor Of
On Account Of
Date Entered
Amount
Appropriated for in 
Budget of Year 
2019
$


Page 36 of 76
N.J.S.A. 40A:4-53 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.
Reduced in 2018
Date
Purpose
Amount 
Authorized
Not Less Than 1/5 
of Amount 
Authorized*
Balance 
Dec. 31, 2017
By 2018 Budget
Cancelled by 
Resolution
Balance 
Dec. 31, 2018
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.A. 
40A:4-53 et seq. and are recorded on this page.
Diane Bowman
Chief Financial Officer
* Not less than one-fifth (1/5) of amount authorized but not more than the amount shown in the column Balance Dec. 31, 2018 must be entered here and 
then raised in the 2019 budget.


Page 37 of 76
N.J.S.A. 40A:4-55.1, ET SEQ., SPECIAL EMERGENCY - DAMAGE CAUSED TO ROADS/BRIDGES BY SNOW, ICE, FROST OR FLOOD
N.J.S.A. 40A:4-55.13, ET SEQ., SPECIAL EMERGENCY - PUBLIC EXIGENCIES CAUSED BY CIVIL DISTURBANCES
Reduced in 2018
Date
Purpose
Amount 
Authorized
Not Less Than 1/3 
of Amount 
Authorized*
Balance 
Dec. 31, 2017
By 2018 Budget
Cancelled by 
Resolution
Balance 
Dec. 31, 2018
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.A.  
40A:4-55 et seq. and N.J.S.A 40A:4-55.13 et seq. are recorded on this page.
Diane Bowman
Chief Financial Officer
* Not less than one-third (1/3) of amount authorized but not more than the amount shown in the column Balance Dec. 31, 2018 must be entered here and 
then raised in the 2019 budget.


Page 38 of 76
SCHEDULE OF BONDS ISSUED AND OUTSTANDING
AND 2019 DEBT SERVICE FOR BONDS
MUNICIPAL GENERAL CAPITAL BONDS
Debit
Credit
2019 Debt Service
Cancelled (Debit)
Issued (Credit)
Outstanding January 1, CY (Credit)
0.00
Paid (Debit)
Outstanding Dec. 31, 2018                              
xxxxxxxxxx
2019 Bond Maturities – General Capital Bonds
$
2019 Interest on Bonds
ASSESSMENT SERIAL BONDS
Issued (Credit)
Outstanding January 1, CY (Credit)
0.00
Paid (Debit)
Outstanding Dec. 31, 2018                      
xxxxxxxxxx
2019 Bond Maturities – General Capital Bonds
$
2019 Interest on Bonds
LIST OF BONDS ISSUED DURING 2018
Purpose
2019 Maturity
Amount Issued
Date of 
Issue
Interest 
Rate
Total


Page 39 of 76
SCHEDULE OF LOANS ISSUED AND OUTSTANDING
AND 2019 DEBT SERVICE FOR LOANS
MUNICIPAL GREEN ACRES TRUST LOAN
Debit
Credit
2019 Debt Service
Issued (Credit)
Outstanding January 1, CY (Credit)
0.00
Paid (Debit)
Outstanding Dec. 31,2018                                
xxxxxxxxxxx
2019 Loan Maturities
$
2019 Interest on Loans
$
Total 2019 Debt Service for Loan
$
GREEN ACRES TRUST LOAN
Issued (Credit)
Outstanding January 1, CY (Credit)
0.00
Paid (Debit)
Outstanding Dec. 31,2018                                
xxxxxxxxxx
2019 Loan Maturities
$
2019 Interest on Loans
$
Total 2019 Debt Service for Loan
$
LIST OF LOANS ISSUED DURING 2018
Purpose
2019 Maturity
Amount Issued
Date of 
Issue
Interest 
Rate
Total


Page 40 of 76
SCHEDULE OF LOANS ISSUED AND OUTSTANDING
AND 2018 DEBT SERVICE FOR LOANS
Debit
Credit
  Debt Service
Outstanding January 1, 
Issued
Paid
Outstanding December 31, 
 Loan Maturities
 Interest on Loans
Total  Debt Service for Loan


Page 41 of 76


Page 42 of 76
SCHEDULE OF BONDS ISSUED AND OUTSTANDING
AND 2019 DEBT SERVICE FOR BONDS
TYPE I SCHOOL TERM BONDS
Debit
Credit
2019 Debt Service
Paid (Debit)
Outstanding January 1, CY (Credit)
0.00
Outstanding Dec. 31, 2018                                 
xxxxxxxxxx
2019 Bond Maturities – Term Bonds
$
2019 Interest on Bonds
$
TYPE I SCHOOL SERIAL BOND
Issued (Credit)
Paid (Debit)
Outstanding January 1, CY (Credit)
0.00
Outstanding Dec. 31, 2018                                 
xxxxxxxxxx
2019 Interest on Bonds
2019 Bond Maturities – Serial Bonds
Total “Interest on Bonds – Type 1 School Debt 
Service” 
LIST OF BONDS ISSUED DURING 2018
Purpose
2019 Maturity -01
Amount Issued -02
Date of 
Issue
Interest 
Rate
Total
2019 INTEREST REQUIREMENT – CURRENT FUND DEBT ONLY
Outstanding 
Dec. 31, 2018
2019 Interest 
Requirement
$
$


Page 43 of 76
DEBT SERVICE FOR NOTES (OTHER THAN ASSESSMENT NOTES)
2019 Budget Requirement
Title or Purpose of Issue
Original Amount 
Issued
Original Date of 
Issue
Amount of Note 
Outstanding 
Dec. 31, 2018
Date of Maturity
Rate of Interest
For Principal
For Interest
Interest 
Computed to 
(Insert Date)
0.00
xxxxxxxxxx
0.00
xxxxxxxxxx
xxxxxxxxxx
0.00
0.00
xxxxxxxxxx
Memo: Type I School Notes should be separately listed and totaled.
Memo: Refunding Bond Anticipation 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 2016 or prior require one legally payable installment to be budgeted if it is contemplated that such notes will be renewed in 2019 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.


Page 44 of 76
DEBT SERVICE SCHEDULE FOR ASSESSMENT NOTES
2019 Budget Requirement
Title or Purpose of Issue
Original Amount 
Issued
Original Date of 
Issue
Amount of 
Note 
Outstanding 
Dec. 31, 2018
Date of Maturity
Rate of Interest
For Principal
For Interest
Interest 
Computed to 
(Insert Date)
xxxxxxxxxx
xxxxxxxxxx
xxxxxxxxxx
xxxxxxxxxx
Assessment Notes with an original date of issue of December 31, 2016 or prior must be appropriated in full in the 2019 Dedicated Assessment Budget or written intent of permanent financing 
submitted with statement.
**Interest on Assessment Notes must be included in the Current Fund Budget appropriation "Interest on Notes".
(Do not crowd - add additional sheets)


Page 45 of 76
SCHEDULE OF CAPITAL LEASE PROGRAM OBLIGATIONS
2019 Budget Requirement
Purpose
Amount of Obligation 
Outstanding Dec. 31, 2018
For Principal
For Interest/Fees
Leases approved by LFB after July 1, 2007
Subtotal
Leases approved by LFB prior to July 1, 2007
Subtotal
Total


Page 46 of 76
SCHEDULE OF IMPROVEMENT AUTHORIZATIONS (GENERAL CAPITAL FUND)
Balance – January 1, 2018
Balance – December 31, 2018
IMPROVEMENTS
Specify each authorization by purpose. 
Do not merely designate by a code 
number
Funded
Unfunded
2018
Authorizations
Refunds, 
Transfers, & 
Encumbrances
Expended
Authorizations 
Canceled
Funded
Unfunded
Resurfacing of Municipal Roads
280,450.00
196,843.38
83,606.62
2015 Road Program
5,968.54
0.00
5,968.54
2016 Road Program
100.00
0.00
100.00
Acquisition of Farmland Preservation 
Program Easement
10,000.00
90,000.00
50,000.00
50,000.00
Farmland Preservation Program
10,000.00
0.00
10,000.00
Purchase of Public Works Equipment
1,611.29
0.00
1,611.29
Road Maintenance and Repair Program
3,095.10
0.00
3,095.10
Total
30,774.93
90,000.00
280,450.00
0.00
196,843.38
0.00
154,381.55
50,000.00


Page 47 of 76
GENERAL CAPITAL FUND
SCHEDULE OF CAPITAL IMPROVEMENT FUND
Debit
Credit
Appropriated to Finance Improvement Authorizations (Debit)
135,450.00
Balance January 1, CY (Credit)
260,700.00
Improvement Authorizations Canceled (financed in whole by the 
Capital Improvement Fund) (Credit)
Received from CY Budget Appropriation * (Credit)
Balance December 31, 2018
125,250.00
xxxxxxxxxx
260,700.00
260,700.00
* The full amount of the 2018 budget appropriation should be transferred to this account unless the 
balance of the appropriation is to be permitted to lapse.


Page 48 of 76
GENERAL CAPITAL FUND
SCHEDULE OF DOWN PAYMENTS ON IMPROVEMENTS
Debit
Credit
Appropriated to Finance Improvement Authorizations (Debit)
Balance January 1, CY (Credit)
0.00
Received from CY Budget Appropriation * (Credit)
Received from CY Emergency Appropriation * (Credit)
Balance December 31, 2018
xxxxxxxxxx
*The full amount of the 2018 appropriation should be transferred to this account unless the balance of the 
appropriation is permitted to lapse.
CAPITAL IMPROVEMENTS AUTHORIZED IN 2018
AND DOWN PAYMENTS (N.J.S.A. 40A:2-11) 
GENERAL CAPITAL FUND ONLY
Purpose
Amount 
Appropriated
Total Obligations 
Authorized
Down Payment 
Provided by 
Ordinance
Amount of Down 
Payment in 
Budget of 2018 or 
Prior Years
Resurfacing of Municipal 
Roads
280,450.00
280,450.00
Total
280,450.00
0.00
280,450.00
0.00
NOTE - Where amount in column "Down Payment Provided by Ordinance" is LESS than 5% of amount 
in column "Total Obligations Authorized", explanation must be made part of or attached to this sheet.


Page 49 of 76
GENERAL CAPITAL FUND
STATEMENT OF CAPITAL SURPLUS 
YEAR – 2018
Debit
Credit
Appropriated to CY Budget Revenue (Debit)
Appropriated to Finance Improvement Authorizations (Debit)
Balance January 1, CY (Credit)
0.00
Funded Improvement Authorizations Canceled (Credit)
Miscellaneous - Premium on Sale of Serial Bonds (Credit)
Premium on Sale of Bonds (Credit)
Balance December 31, 2018
xxxxxxxxxx
BONDS ISSUED WITH A COVENANT OR COVENANTS
1.
Amount of Serial Bonds Issued Under Provisions of Chapter 233,
P.L. 1944, Chapter 268, P.L. 1944, Chapter 428, P.L. 1943 or Chapter 
77, Article VI-A, P.L. 1945, with Covenant or Covenants; 
Outstanding December 31, 2018
2.
Amount of Cash in Special Trust Fund as of December 31, 2018(Note 
A)
3.
Amount of Bonds Issued Under Item 1 
Maturing in 2019
4.
Amount of Interest on Bonds with a
Covenant - 2019 Requirement
5.
Total of 3 and 4 - Gross Appropriation
6.
Less Amount of Special Trust Fund to be Used
7.
Net Appropriation Required
NOTE A - This amount to be supported by confirmation from bank or banks
Footnote: Any formula other than the one shown above and required to be used by covenant or covenants 
is to be attached here to item 5 must be shown as an item of appropriation, short extended, with Item 6 
shown directly following as a deduction and with the amount of Item 7 extended into the 2019 
appropriation column.


Page 50 of 76
MUNICIPALITIES ONLY
IMPORTANT!
This Sheet Must Be Completely Filled in or the Statement Will Be Considered Incomplete
(N.J.S.A.52:27BB-55 as Amended by Chap. 211, P.L 1981)
A.
1. Total Tax Levy for the Year 2018 was
5,621,177.84
2. Amount of Item 1 Collected in 2018 (*)
5,298,295.46
3. Seventy (70) percent of Item 1
3,934,824.49
(*) Including prepayments and overpayments applied.
B.
1. Did any maturities of bonded obligations or notes fall due during the year 2018?
Answer YES or NO:
Yes
2. Have payments been made for all bonded obligations or notes due on or before December 31, 2018?
Answer YES or NO:
Yes
If answer is “NO” give details
NOTE: If answer to Item B1 is YES, then Item B2 must be answered
C.
Does the appropriation required to be included in the 2019 budget for the liquidation of all bonded 
obligations or notes exceed 25% of the total of appropriations for operating purposes in the
budget for the year just ended?
Answer YES or NO:
No
D.
1. Cash Deficit 2017
0.00
2a. 2017 Tax Levy
2b. 4% of 2017 Tax Levy for all purposes:
3. Cash Deficit 2018
4. 4% of 2018 Tax Levy for all purposes:
0.00
E.
Unpaid
2017
2018
Total
1. State Taxes
$0.00
$
$
2. County Taxes
$0.00
$0.00
$0.00
3. Amounts due Special 
Districts
$0.00
$0.00
$
4. Amounts due School 
Districts for Local School Tax
$0.00
$736,290.00
$736,290.00


Page 51 of 76


Page 52 of 76
UTILITIES ONLY
Note:
If no "utility fund" existed on the books of account and if no utility was owned and operated by the municipality during the year ,
 please observe instructions of Sheet 2.


Page 53 of 76
Balance Sheet -  Utility Operating Fund Assets
AS OF DECEMBER 31, 
Cash:
Investments:
Accounts Receivable:
Interfunds Receivable:
Deferred Charges


Page 54 of 76
Balance Sheet -  Utility Operating Fund Liabilities, Reserves & Fund Balance
AS OF DECEMBER 31, 
Liabilities:
Fund Balance:


Page 55 of 76
Balance Sheet -  Utility Capital Fund Assets
AS OF DECEMBER 31, 
Cash:
Accounts Receivable:


Page 56 of 76
Balance Sheet -  Utility Capital Fund Liabilities, Reserves & Fund Balance
AS OF DECEMBER 31, 
Liabilities:
Fund Balance:


Page 57 of 76
Balance Sheet -  Utility Assessment Fund
AS OF DECEMBER 31, 
Assets:
Liabilities and Reserves:
Liabilities, Reserves, and Fund Balance:


Page 58 of 76
Analysis of  Utility Assessment Trust Cash and Investments
Pledged to Liabilities and Surplus
Receipts
Title of Liability to which Cash and Investments are 
Pledged
Audit Balance 
Dec. 31, 
Assessments and 
Liens
Operating Budget
Other
Disbursements
Balance Dec. 31, 
Assessment Serial Bond Issues:
Assessment Bond Anticipation Notes
Other Liabilities
Trust Surplus
Less Assets “Unfinanced”
Total


Page 59 of 76
Schedule of  Utility Budget - 
Budget Revenues
Source
Budget
Received in Cash
Excess or Deficit
Operating Surplus Anticipated
Operating Surplus Anticipated with Consent of Director of Local 
Govt. Services
Rents
Miscellaneous Revenue Anticipated
Miscellaneous 
Added by N.J.S.A. 40A:4-87: (List)
Subtotal Additional Miscellaneous Revenues
Subtotal
Deficit (General Budget)


Page 60 of 76
Statement of Budget Appropriations
Appropriations
Total Appropriations
Add: Overexpenditures
Total Overexpenditures
Total Appropriations & Overexpenditures
Deduct Expenditures
Surplus
Total Surplus
Total Expenditure & Surplus
Unexpended Balance Cancelled


Page 61 of 76
Statement of  Operation
 Utility
NOTE: Section 1 of this sheet is required to be filled out ONLY IF the  budget year  Utility Budget contained either an item of revenue “Deficit (General Budget)” or an item of appropriation “Surplus (General 
Budget)”
Section 2 should be filled out in every case.
Section 1:
Revenue Realized
Miscellaneous Revenue Not Anticipated 
    Appropriation Reserves Canceled
Total Revenue Realized
Expenditures
Expended Without Appropriation
Cash Refund of Prior Year's Revenue
Overexpenditure of Appropriation Reserves
Total Expenditures
Less: Deferred Charges Included in Above "Total Expenditures"
Total Expenditures - As Adjusted
Excess
Balance of "Results of 2017 Operation"
Remainder= ("Excess in Operations")
Deficit
Balance of "Results of 2017 Operation" Remainder= ("Operating Deficit - to Trial Balance")


Page 62 of 76
Section 2:
The following Item of  Appropriation Reserves Canceled in  Is Due to the Current Fund TO THE EXTENT OF the amount Received and Due from the 
General Budget of  for an Anticipated Deficit in the  Utility for: 
  Appropriation Reserves Canceled in 
Less: Anticipated Deficit in  Budget - Amount Received and Due from Current Fund - If none, 
check "None" ☐ 
*Excess (Revenue Realized)


Page 63 of 76
Results of  Operations –  Utility
Debit
Credit
Operating Excess
Operating Deficit
Total Results of Current Year Operations
Operating Surplus–  Utility
Debit
Credit
Balance December 31,  
Total Operating Surplus
Analysis of Balance December 31, 
(From Utility – Trial Balance)
Cash
Investments
Interfund Accounts Receivable
Subtotal
Deduct Cash Liabilities Marked with "C" on Trial Balance


Page 64 of 76
Operating Surplus Cash or (Deficit in Operating Surplus Cash)
Other Assets Pledged to Operating Surplus*
Deferred Charges #
Operating Deficit #
Total Other Assets


Page 65 of 76
Schedule of  Utility Accounts Receivable 
Balance December 31, 
Increased by:
Rents Levied
Decreased by:
Collections
Overpayments applied
Transfer to Utility Lien
Other
Balance December 31, 
Schedule of  Utility Liens
Balance December 31, 
Increased by:
Transfers from Accounts Receivable
Penalties and Costs
Other
Decreased by:
Collections
Other
Balance December 31, 


Page 66 of 76
Deferred Charges
- Mandatory Charges Only -
 Utility Fund
(Do not include the emergency authorizations pursuant to N.J.S.A. 40A:4-55)
Caused by
Amount Dec. 31,  per Audit 
Report
Amount in  Budget
Amount Resulting from 
Balance as at Dec. 31, 
Total Operating
Total Capital
 
*Do not include items funded or refunded as listed below.
Emergency Authorizations Under N.J.S.A. 40A:4-47 Which Have Been
Funded or Refunded Under N.J.S.A. 40A:2-3 OR N.J.S.A. 40A:2-51
Date
Purpose
Amount
Judgements Entered Against Municipality and Not Satisfied
In Favor Of
On Account Of
Date Entered
Amount
Appropriated for in Budget 
of Year 


Page 67 of 76
Schedule of Bonds Issued and Outstanding
and  Debt Service for Bonds
 UTILITY ASSESSMENT BONDS
Debit
Credit
 Debt Service
Outstanding December 31, 
 Bond Maturities – Assessment Bonds
 Interest on Bonds
 Utility Capital Bonds
Debit
Credit
 Debt Service
Outstanding December 31, 
 Bond Maturities – Assessment Bonds
 Interest on Bonds
Interest on Bonds –  Utility Budget
 Interest on Bonds (*Items)
Less: Interest Accrued to 12/31/ (Trial Balance)
Subtotal
Add: Interest to be Accrued as of 12/31/
Required Appropriation 


Page 68 of 76
List of Bonds Issued During 
Purpose
 Maturity
Amount Issued
Date of Issue
Interest Rate


Page 69 of 76
Schedule of Loans Issued and Outstanding
and  Debt Service for Loans
 UTILITY LOAN
Loan
Outstanding 
January 1, 
Issued
Paid
Other 
Description
Other Debit
Other Credit
Outstanding 
December 31, 
Loan Maturities 
Interest on Loans
Interest on Loans –  Utility Budget
Interest on Loans (*Items)
Less: Interest Accrued to 12/31/ (Trial Balance)
Subtotal
Add: Interest to be Accrued as of 12/31/
Required Appropriation 
List of Loans Issued During 
Purpose
Maturity
Amount Issued
Date of Issue
Interest Rate


Page 70 of 76
Debt Service Schedule for Utility Notes (Other than Utility Assessment Notes)
 Budget Requirement
Title or Purpose of the Issue
Original Amount 
Issued
Original Date of 
Issue
Amount of Note 
Outstanding Dec. 
31, 
Date of 
Maturity
Rate of 
Interest
For Principal
For Interest
Date Interest 
Computed to
INTERST ON NOTES –  UTILITY BUDGET
 Interest on Notes
Less: Interest Accrued to 12/31/ (Trial Balance)
Subtotal
Add: Interest to be Accrued as of 12/31/
Important: If there is more than one utility in the municipality, identify each note.
All notes with an original date of issue of  or prior require one legal payable installment to be 
budgeted if it is contemplated that such notes will be renewed in  or written intent of permanent 
financing submitted.
** If interest on note is financed by ordinance, designate same, otherwise an amount must be 
included in this column.
Required Appropriation - 


Page 71 of 76
Debt Service Schedule for Utility Assessment Notes
 Budget Requirement
Title or Purpose of Issue
Original Amount 
Issued
Original Date of 
Issue
Amount of Note 
Outstanding Dec. 
31, 
Date of 
Maturity
Rate of 
Interest
For Principal
For Interest
Interest Computed 
to (Insert Date)
Important: If there is more than one utility in the municipality, identify each note. 
Utility Assessment Notes with an original date of issue of December 31,  or prior require one legally payable installment to be budgeted in the  Dedicated Utility Assessment Budget if it is contemplated that such notes 
will be renewed in  or written intent of permanent financing submitted with statement.
** Interest on Utility Assessment Notes must be included in the Utility Budget appropriation "Interest on Notes". 


Page 72 of 76
Schedule of Capital Lease Program Obligations
 Budget Requirement
Purpose
Amount of Obligation 
Outstanding Dec. 31, 
For Principal
For Interest/Fees
Leases approved by LFB after July 1, 2007
Subtotal
Leases approved by LFB prior to July 1, 2007
Subtotal
Total


Page 73 of 76
Schedule of Improvement Authorizations (Utility Capital Fund)
Balance - January 1, 
Balance December 31, 
IMPROVEMENTS
Specify each authorization by 
purpose. Do not merely designate 
by a code number
Funded
Unfunded
 Authorizations
Refunds, Transfers 
and Encumbrances 
Expended
Authorizations 
Canceled
Funded
Unfunded
Total


Page 74 of 76
 Utility Capital Fund
SCHEDULE OF CAPITAL IMPROVEMENT FUND
Debit
Credit
Balance December 31, 
 Utility Capital Fund
SCHEDULE OF DOWN PAYMENTS ON IMPROVEMENTS
Debit
Credit
Balance December 31, 
*The full amount of the  appropriation should be transferred to this account unless the balance of the appropriation is permitted to lapse.


Page 75 of 76
Utility Fund
CAPITAL IMPROVEMENTS AUTHORIZED IN  
AND
DOWN PAYMENTS (N.J.S. 40A:2-11) 
UTILITIES ONLY
Purpose
Amount Appropriated
Total Obligations 
Authorized
Down Payment 
Provided by 
Ordinance
Amount of Down 
Payment in Budget of  
or Prior Years
 Utility Capital Fund
Statement of Capital Surplus
YEAR 
Debit
Credit
Balance December 31, 


Page 76 of 76

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"...OF TRUST FUND RESERVES Purpose Amount Dec. 31, 2017 Per Audit Report Receipts Disbursements Balance as of Dec. 31, 2018 Reserve for Escrow Deposits/Performance Bonds $37,015.61 $89,658.69 $85,097.33 $41,576.97 Reserve for Payroll Withholdings $3,058.58 $304,070.69 $303,327.31 $3,801.96 Storm Recovery $42,778.36 $..."

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