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2023 Annual Financial Statement

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DUE: 2/10/2024

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Executive Summary

The document pertains to the Annual Financial Statement (AFS) for Mannington Township, Salem County, New Jersey for the year 2023. It outlines instructions, certifications, and required information for completing and submitting the AFS to the Division of Local Government Services via the FAST portal. Key details include the municipality's information, financial data, and deadlines for submission, with penalties for late filings (Municipalities face a penalty of five dollars per day if not filed by February 10, 2024, while Counties face the same penalty if not filed by January 26, 2024).

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Document Text

--- Document: 2023 Annual Financial Statement Document ---
a)
General Instructions to Complete the Annual Financial Statement Workbook
This workbook is composed of several individual worksheets to complete the Annual Financial
Statement.
b) It is designed to automatically calculate linked schedules from each of the data entry points.
c) The individual spreadsheets containing formulas are locked to protect the formulas.
d) Fill in only the gray sections of the worksheet.
e) Begin by navigating to the "Key Inputs" tab.
f)
Select the Municipality or County by clicking on the arrow on the right side of cell D8. This will
populate the municipality/county and dates throughout the workbook. Continue to complete
each of the fields in order to populate throughout the workbook. Enter the exact number of
utilities and the utility types. Do not skip sets of utility pages.
g) In all applicable signature lines insert the email address of the applicable official.
The completed AFS must be submitted to the Division via the FAST portal with a file name of:
h) xxxx_afs_20xx.xlsm (provide 4 digits municode and year). It must be saved as a Macro-
i)
Enabled Workbook.
Only the Chief Financial Officer has access to the "Submit for Review" tab within the FAST
portal.
j) If copying data from a prior workbook, copy and use Paste Values to preserve formatting.
On the Key Inputs tab, users can select "Standard" or "Expanded" for a variety of sections to
reduce the number of unused pages throughout the document. The following sheets can be
adjusted: 6, 6b, 9a, 10, 11, 12, 17a, 20, 35, and 37. All sections are preset to "Standard" and
should only be switched to "Expanded" if more pages are needed.
k)
Quick Guide:
https://www.nj.gov/dca/divisions/dlgs/pdf/FAST%20AFS%20Quick%20User%20Guide.pdf
Annual Financial Statement - Key In
Municipal and County AFS Version 2023
**PLEASE NOTE: Many of the features on this page rely on the use of macros. Because of the nature of this f
cause the screen to "shake" or "flash" momentarily. This is a byproduct of such functionality being run acro:
Required Information
Responses and Data
Name and County of Municipality
Full Name of Municipality/County
County of Municipality / County
Name of Municipality / County
Type
Federal ID #
Governing Body Type
Address
Address
Phone
Fax
Mannington Township, Salem County
TOWNSHIP OF MANNINGTON
SALEM
MANNINGTON
TOWNSHIP
22-1987443
COMMITTEEPERSONS
491 ROUTE 45 MANNINGTON, NJ 08079
856-935-2359
856-935-6557
Chief Financial Officer
Registered Municipal Accountant
Year Ending
DATES
DIANE ELWELL
FRED S. CALTABIΑΝΟ
Year End
Next Year End
Balance - January 1, 2023
Balance - December 31, 2023
Outstanding - January 1, 2023
Outstanding - December 31, 2023
12/31/2023
12/31/2024
Budget Year
AFS Year
PY
Population Last Census (2020)
Net Valuation Taxable 2023
Muni Code
2024
2023
2022
1,475
174,655,082
1705
12/31/2023
SELECT FISCAL YEAR TYPE:
Calendar
CALENDAR YEAR MUNICIPALITIES
ANNUAL FINANCIAL STATEMENT FOR THE YEAR 2023
COUNTIES - JANUARY 26, 2024
MUNICIPALITIES - FEBRUARY 10, 2024
AS AT DECEMBER 31, 2023
Dec. 31, 2022
UTILITY 1
UTILITY 2
UTILITY 3
UTILITY 4
UTILITY 5
Dec. 31, 2023
Jan. 1, 2023
YEAR-2022
YEAR-2023
HOW MANY UTILITIES DOES THE ENTITY HAVE:
UTILITY NAME(S)
*Counties wil
Certificate #
N-0788
0
UTILITY 6
PAGE COUNT - SELECT STANDARD OR EXPANDED:
ANNUAL FINANCIAL STATEMENT FOR THE YEAR 2023
(UNAUDITED)
POPULATION LAST CENSUS
NET VALUATION TAXABLE 2023
MUNICODE
1,475
174,655,082
1705
FIVE DOLLARS PER DAY PENALTY IF NOT FILED BY:
COUNTIES - JANUARY 26, 2024
MUNICIPALITIES - FEBRUARY 10, 2024
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
Date
1
2
of
MANNINGTON
DO NOT USE THESE SPACES
County of
SALEM
Examined By:
Preliminary Check
Examined
I hereby certify that the debt shown on Sheets 31 to 34, 49 to 51 and 63 to 65a are
complete, were computed by me and can be supported upon demand by a register or
other detailed analysis.
Signature manningtontwpcfo@manningtontwp.com
Title
CFO
(This MUST be signed by Chief Financial Officer, Comptroller, Auditor or Registered Municipal Accountant.)
REQUIRED CERTIFICATION BY THE CHIEF FINANCIAL OFFICER:
(which I have prepared) or
I hereby certify that I am responsible for filing this verified Annual Financial Statement,
(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,
Officer, License #
N-0788
MANNINGTON
of the
County of
DIANE ELWELL
TOWNSHIP
am the Chief Financial
of
and that the
SALEM
statements annexed hereto and made a part hereof are true statements of the financial condition of the Local Unit as at
December 31, 2023, completely in compliance with N.J.S.A. 40A:5-12, as amended. I also give complete assurance 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, 2023.
Signature
manningtontwpcfo@manningtontwp.com
Title
CFO
Address
491 ROUTE 45 MANNINGTON, NJ 08079
Phone Number
856-935-2359
Fax Number
856-935-6557
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 Account (Statement of Statutory Auditor Only)
I have prepared the post-closing trial balances, related statement and analyses included in the
accompanying Annual Financial Statement from the books of account and records made
available to me by the
TOWNSHIP
MANNINGTON
of
as of as of December 31, 2023 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.
or
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,
(except for circumstances as set forth below, no matters)
(no matters) [eliminate one] came to my attention that caused me to believe that the Annual
Financial Statement for the year ended December 31, 2023 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 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:
Certified by me
this 4th day
March
2024
Sheet 1a
FRED S, CALTABIANO
(Registered Municipal Accountant)
BOWMAN & COMPANY LLP
(Firm Name)
6 NORTH BROAD STREET, SUITE 201
(Address)
WOODBURY, NJ 08096
(Address)
856-435-6200
(Phone Number)
856-435-0440
(Fax Number)
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" waiver.
10.
The municipality has not applied for Transitional Aid for 2024.
11.
The municipality did not adopt a Special Emergency ordinance for COVID-related
expenses or loss of revenue (N.J.S.A. 40A:4-53 (I) and (m)).
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. 5:30-7.5.
Municipality:
Chief Financial Officer:
Signature:
Certificate #:
Date:
TOWNSHIP OF MANNINGTON
DIANE ELWELL
manningtontwpcfo@manningtontwp.com
N-0788
3/4/2024
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:
Chief Financial Officer:
Signature:
Certificate #:
Date:
TOWNSHIP OF MANNINGTON
Sheet 1b
22-1987443
Fed I.D. #
TOWNSHIP OF MANNINGTON
Municipality
TOTAL
Note:
(1)
(2)
(3)
SALEM
County
Report of Federal and State Financial Assistance
Expenditures of Awards
$
Fiscal Year Ending:
December 31, 2023
(1)
Federal programs
Expended
(administered by
the state)
169,261.74 $
(2)
State
Programs
Expended
47,756,78
$
(3)
Other Federal
Programs
Expended
Type of Audit required by Title 2 U.S. Code of Federal Regulations
(CFR) (Uniform Requirements) and OMB 15-08.
Single Audit
Program Specific Audit
X Financial Statement Audit Performed in Accordance
With Government Auditing Standards (Yellow Book)
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 Title 2 U.S. Code of Federal Regulations (CFR) OMB 15-08. (Uniform
Guidance) and OMB 15-08. The single audit threshold has been been increased to $750,000
beginning with Fiscal Year ending after 1/1/15. Expenditures are defined in Title 2 U.S. Code of
Federal Regulations (CFR) (Uniform Guidance).
Report expenditures from federal pass-through programs received directly from state government.
Federal pass-through funds can be identified by the Catalog of Federal Domestic Assistance
(CFDA) number reported in the State's grant/contract agreements.
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.
Report expenditures from federal programs received directly from the federal government or indirectly
from entities other than state government.
manningtontwpcfo@manningtontwp.com
Signature of Chief Financial Officer
Sheet 1c
3/4/2024
Date
IMPORTANT!
READ INSTRUCTIONS
INSTRUCTIONS
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 of 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
TOWNSHIP
of
MANNINGTON
I hereby certify that there was no "utility fund" on the books of account and there was no
utility owned and operated by the
County of
SALEM
during the year 2023 and that sheets 40 to 68 are unnecessary.
I have therefore removed from this statement the sheets pertaining only to utilities.
Name
Title
manningtontwpcfo@manningtontwp.com
CFO
(This must be signed by the Chief Financial Officer, Comptroller, Auditor or Registered
Municipal Accountant.)
MUNICIPAL CERTIFICATION OF TAXABLE PROPERTY AS OF OCTOBER 1, 2023
Certification is hereby made that the Net Valuation Taxable of property liable to taxation for
the tax year 2024 and filed with the County Board of Taxation on January 10, 2024 in accordance
with the requirement of N.J.S.A. 54:4-35, was in the amount of $
174,670,600.00
Sheet 2
taxassessor@manningtontwp.com
SIGNATURE OF TAX ASSESSOR
TOWNSHIP OF MANNINGTON
MUNICIPALITY
SALEM
COUNTY
NOTE THAT A TRIAL BALANCE IS REQUIRED AND NOT A BALANCE SHEET
POST CLOSING
TRIAL BALANCE - CURRENT FUND
AS AT DECEMBER 31, 2023
Cash Liabilities Must Be Subtotaled and Subtotal Must Be Marked With "C" -- Taxes Receivable Must Be Subtotaled
Title of Account
CASH
INVESTMENTS
DUE FROM/TO STATE - VETERANS AND SENIOR CITIZENS
Receivables with Full Reserves:
Debit
2,235,183.07
Credit
133.66
TAXES RECEIVABLE:
PRIOR
CURRENT
251,413.04
SUBTOTAL
251,413.04
TAX TITLE LIENS RECEIVABLE
620,015.41
PROPERTY ACQUIRED FOR TAXES
643,500.00
CONTRACT SALES RECEIVABLE
MORTGAGE SALES RECEIVABLE
DUE FROM TRUST - ESCROW DEPOSITS/PERFORMANCE BOND
308.25
DUE FROM TRUST - PAYROLL WITHHOLDINGS
4,500.00
DUE FROM TRUST - TTL REDEMPTION
8.03
DEFERRED CHARGES:
EMERGENCY
SPECIAL EMERGENCY (40A:4-55)
DEFICIT
Page Totals:
3,754,927.80
133.66
(Do not crowd - add additional sheets)
Sheet 3
NOTE THAT A TRIAL BALANCE IS REQUIRED AND NOT A BALANCE SHEET
POST CLOSING
TRIAL BALANCE - CURRENT FUND (CONT'D)
AS AT DECEMBER 31, 2023
Cash Liabilities Must Be Subtotaled and Subtotal Must Be Marked With "C" -- Taxes Receivable Must Be Subtotaled
TOTALS FROM PAGE 3
Title of Account
APPROPRIATION RESERVES
ENCUMBRANCES PAYABLE
ACCOUNTS PAYABLE
TAX OVERPAYMENTS
PREPAID TAXES
DUE TO FEDERAL AND STATE GRANT FUND
DUE TO GENERAL CAPITAL FUND
DUE TO STATE:
MARRIAGE LICENCE
DCA TRAINING FEES
LOCAL SCHOOL TAX PAYABLE
REGIONAL SCHOOL TAX PAYABLE
REGIONAL H.S.TAX PAYABLE
COUNTY TAX PAYABLE
Debit
3,754,927.80
Credit
133.66
146,723.16
31.756.88
30,000.00
5,939.83
122,856.04
83,361.58
1,059.18
902,378.00
DUE COUNTY - ADDED & OMMITTED
SPECIAL DISTRICT TAX PAYABLE
RESERVE FOR TAX APPEAL
RESERVE FOR LEGAL COSTS - TAX APPEALS
1,032.62
RESERVE FOR CODIFICATION OF ORDINANCES
4,922.76
RESERVE FOR MUNICIPAL RELIEF FUND AID
28.445.97
RESERVE FOR MASTER PLAN
62,900.74
DUE TO COUNTY - PILOT
6,317.84
PAGE TOTAL
(Do not crowd - add additional sheets)
Sheet 3a
3,754,927.80
1,427,828.26
NOTE THAT A TRIAL BALANCE IS REQUIRED AND NOT A BALANCE SHEET
POST CLOSING
TRIAL BALANCE - CURRENT FUND (CONT'D)
AS AT DECEMBER 31, 2023
Cash Liabilities Must Be Subtotaled and Subtotal Must Be Marked With "C" -- Taxes Receivable Must Be Subtotaled
TOTALS FROM PAGE 3a
Title of Account
RESERVE FOR RECEIVABLES
DEFERRED SCHOOL TAX
DEFERRED SCHOOL TAX PAYABLE
FUND BALANCE
Debit
3,754,927.80
Credit
1,427,828.26
SUBTOTAL
3,754,927.80
1,427,828.26 "C"
TOTALS
(Do not crowd - add additional sheets)
Sheet 3a.1
1,519,744.73
400,000.00
400,000.00
807,354.81
4,154,927.80
4,154,927.80
POST CLOSING
TRIAL BALANCE - PUBLIC ASSISTANCE FUND
ACCOUNTS #1 AND #2 *
AS AT DECEMBER 31, 2023
TOTALS
Title of Account
(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
Debit
Credit
POST CLOSING TRIAL BALANCE
FEDERAL AND STATE GRANTS
AS AT DECEMBER 31, 2023
CASH
GRANTS RECEIVABLE
Title of Account
Debit
Credit
221,378.54
DUE FROM CURRENT FUND
83,361.58
ENCUMBRANCES PAYABLE
APPROPRIATED RESERVES
254,740.12
UNAPPROPRIATED RESERVES
50,000.00
TOTALS
(Do not crowd - add additional sheets)
Sheet 5
304,740.12
304,740.12
POST CLOSING
TRIAL BALANCE - TRUST FUNDS
(Assessment Section Must Be Separately Stated)
AS AT DECEMBER 31, 2023
Title of Account
ANIMAL CONTROL TRUST FUND
CASH
DUE TO -
DUE TO STATE OF NJ
RESERVE FOR ANIMAL CONTROL TRUST FUND
FUND TOTALS
ASSESSMENT TRUST FUND
CASH
DUE TO -
RESERVE FOR:
FUND TOTALS
MUNICIPAL OPEN SPACE TRUST FUND
CASH
RESERVE FOR FUTURE USE
FUND TOTALS
LOSAP TRUST FUND
CASH
FUND TOTALS
(Do not crowd - add additional sheets)
Sheet 6
Debit
Credit
914.93
914.93
914.93
914.93
146,306.41
146,306.41
146,306.41
146,306.41
POST CLOSING
TRIAL BALANCE - TRUST FUNDS (CONT'D)
(Assessment Section Must Be Separately Stated)
AS AT DECEMBER 31, 2023
CDBG TRUST FUND
CASH
DUE TO -
FUND TOTALS
Title of Account
ARTS AND CULTURAL TRUST FUND
CASH
FUND TOTALS
OTHER TRUST FUNDS
CASH
DUE TO CURRENT FUND - ESCROW DEPOSITS
DUE TO CURRENT FUND - PAYROLL WITHHOLDINGS
DUE TO CURRENT FUND - TTL REDEMPTION
RESERVE FOR ESCROW DEPOSITS/PERFORMANCE BONDS
RESERVE FOR UNEMPLOYMENT
RESERVE FOR FIRE SAFETY PENALTY
RESERVE FOR TTL REDEMPTIONS
RESERVE FOR STORM RECOVERY
RESERVE FOR VERTERAN'S PARK
RESERVE FOR PAYROLL WITHHOLDINGS
Debit
Credit
205,060.15
308.25
4,500.00
8.03
63,852.42
13,107.97
150.00
2,708.32
113,594.15
649,41
6,181.60
OTHER TRUST FUNDS PAGE TOTAL
205,060.15
205,060.15
(Do not crowd - add additional sheets)
Sheet 6.1
POST CLOSING
TRIAL BALANCE - TRUST FUNDS (CONT'D)
(Assessment Section Must Be Separately Stated)
AS AT DECEMBER 31, 2023
Title of Account
Previous Totals
OTHER TRUST FUNDS (continued)
Debit
205,060.15
Credit
205,060.15
TOTALS
205,060.15
205,060.15
(Do not crowd - add additional sheets)
Sheet 6.2
POST CLOSING
TRIAL BALANCE - TRUST FUNDS (CONT'D)
(Assessment Section Must Be Separately Stated)
AS AT DECEMBER 31, 2023
Title of Account
Previous Totals
OTHER TRUST FUNDS (continued)
Debit
205,060.15
Credit
205,060.15
TOTALS
205,060.15
205,060.15
(Do not crowd - add additional sheets)
Sheet 6. TOTALS
SCHEDULE OF TRUST FUND RESERVES
Amount
Dec. 31, 2022
per Audit
Report
Balance
as at
Dec. 31, 2023
Purpose
Escrow Deposits/Performance Bonds
61,139.39
Unemployment
12,415.82
17,566.12
764.85
Receipts
Disbursements
14,853.09
72.70
63,852.42
13,107.97
Fire Safety Penalty
Tax Title Lien Redemptions
150.00
22,236.69
23,390.05
Tax Title Lien Premiums
200,00
4,000.00
42,918.42
4,200,00
150.00
2,708.32
Storm Recovery
106,308.22
7,317.17
31.24
113,594.15
Veteran's Park
649.41
649.41
Payroll Withholdings
5.864.74
369,396.00
369,079.14
6,181.60
PAGE TOTAL
$
208,964.27 $
422,434.19 $ 431,154.59 $ 200,243.87
Sheet 6b
SCHEDULE OF TRUST FUND RESERVES (CONT'D)
Purpose
PREVIOUS PAGE TOTAL
PAGE TOTAL
Amount
Dec. 31, 2022
per Audit
Report
Receipts
Disbursements
Balance
as at
Dec. 31, 2023
208,964.27
422,434.19
431,154.59
200,243.87
$ 208,964.27 $
422,434.19 $ 431,154.59 $
200,243.87
Sheet 6b TOTAL
ANALYSIS OF TRUST ASSESSMENT CASH AND INVESTMENTS PLEDGED TO
LIABILITIES AND SURPLUS
Title of Liability to which Cash
and Investments are Pledged
Assessment Serial Bond Issues:
Sheet 7
Audit
Balance
Dec. 31, 2022
RECEIPTS
Assessments
and Liens
Current
Budget
Disbursements
Balance
Dec. 31, 2023
XXXXXXXXX
XXXXXXXXX
XXXXXXXXX
XXXXXXXXX
XXXXXXXXX
XXXXXXXXX
XXXXXXXXX
XXXXXXXXX
Assessment Bond Anticipation Note Issues:
XXXXXXXXX
XXXXXXXXX
XXXXXXXXX
XXXXXXXXX
XXXXXXXXX
XXXXXXXXX
XXXXXXXXX
XXXXXXXXX
Other Liabilities
Trust Surplus
*Less Assets "Unfinanced"
XXXXXXXXX
XXXX
XXXXXXXX
XXXXXXXXX
XXXXXXXXX
XXXXXXXXX
XXXXXXXXX
XXXXXXXXX
XXXXXXXXX
*Show as red figure
POST CLOSING
TRIAL BALANCE
GENERAL CAPITAL FUND
AS AT DECEMBER 31, 2023
Title of Account
Estimated Proceeds Bonds and Notes Authorized
Bonds and Notes Authorized but Not Issued
CASH
DUE FROM CURRENT FUND
FEDERAL AND STATE GRANTS RECEIVABLE
DEFERRED CHARGES TO FUTURE TAXATION:
Debit
Credit
50,000.00
XXXXXXXXX
XXXXXXXXX
50,000.00
233,833.03
1,059.18
FUNDED
UNFUNDED
50,000.00
PAGE TOTALS
334,892.21
50,000,00
(Do not crowd - add additional sheets)
Sheet 8
POST CLOSING
GENERAL CAPITAL FUND
TRIAL BALANCE
AS AT DECEMBER 31, 2023
PREVIOUS PAGE TOTALS
Title of Account
BOND ANTICIPATION NOTES PAYABLE
GENERAL SERIAL BONDS
TYPE 1 SCHOOL BONDS
LOANS PAYABLE
CAPITAL LEASES PAYABLE
Debit
334,892.21
Credit
50,000.00
RESERVE FOR CAPITAL PROJECTS
DEMOLITION OF PROPERTY
PURCHASE OF COMPUTER EQUIPMENT
10,666.00
198.75
IMPROVEMENT AUTHORIZATIONS:
FUNDED
UNFUNDED
ENCUMBRANCES PAYABLE
RESERVE TO PAY BANS
CAPITAL IMPROVEMENT FUND
DOWN PAYMENTS ON IMPROVEMENTS
CAPITAL FUND BALANCE
69,977.46
50,000.00
154,050.00
334,892.21
334.892.21
(Do not crowd - add additional sheets)
Sheet 8.1
CASH RECONCILIATION DECEMBER 31, 2023
Current
Grant Fund
Trust - Animal Control
Trust - Assessment
Trust - Municipal Open Space
Trust - LOSAP
Cash
Less Checks
Outstanding
*On Hand
On Deposit
19,453.50
2,226,492.43
914.93
146,306.41
Cash Book
Balance
10,762.86
2,235,183.07
914.93
146,306.41
Trust - CDBG
Trust - Other
307.69
208,686.52
3,934.06
205,060.15
Trust - Arts and Culture
General Capital
233,833.03
233,833.03
UTILITIES:
Total
19,761.19
2,816,233.32
14,696.92
2,821,297.59
* Include Deposits In Transit
** Be sure to include a Public Assistance Account 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, 2023.
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 passbook at December 31, 2023.
All "Certificates of Deposits", 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:
manningtontwpcfo@manningtontwp.com
Title:
Sheet 9
CFO
CASH RECONCILIATION DECEMBER 31, 2023 (cont'd)
LIST BANKS AND AMOUNTS SUPPORTING "CASH ON DEPOSIT"
Fulton Bank
Current Fund
Tax Collector
General Capital Fund
Animal Control Fund
Municipal Open Space
1,564,118.07
130,553.09
233,833.03
914.93
146,306.41
Trust Other
ACJM & M Enterprises
1,759.22
CJS Solar
125,81
Cornerstone Equity Group LLC
5,025.02
The Four BS/NFI Real Estate
5,125.27
Planning Board Escrow
22,643.31
Lincoln Renewable Energy
2,596.22
Performance Bond ACJ-M&M
9,146.44
Performance Bond Four B
190.31
Community Healthcare Assoc.
8,997.32
Tang Friendly Property
5,046.21
Inspira Medical Centers Inc
3,505.54
Unemployment
13,107.97
Fire Safety Penalty
122.00
Tax Title Lien Premiums
Tax Title Lien Redemption
2,716.35
Snow Removal
113,594.15
Veteran's Park
Payroll Withholdings
Elmer Bank
Current Fund
Current Fund
Franklin Bank
Current Fund
Current Fund
PAGE TOTAL
649.41
14,335.97
1,025.24
268,724.87
1,060.13
261,011.03
2,816,233.32
Note: Sections N.J.S. 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.
Sheet 9a
CASH RECONCILIATION DECEMBER 31, 2023 (cont'd)
LIST BANKS AND AMOUNTS SUPPORTING "CASH ON DEPOSIT"
PREVIOUS PAGE TOTAL
2,816,233.32
TOTAL PAGE
2,816,233.32
Note: Sections N.J.S. 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.
Sheet 9a TOTAL
MUNICIPALITIES AND COUNTIES
FEDERAL AND STATE GRANTS RECEIVABLE
2023
Grant
Balance
Jan. 1, 2023
Budget
Received
Other
Cancelled
Revenue
Realized
Balance
Dec. 31, 2023
Clean Communities
Alcohol Education and Rehabilitation Fund
NJ DOT
NJ DOT 2022
10,430.75
10,430.75
1,168.

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"...ENS RECEIVABLE 620,015.41 PROPERTY ACQUIRED FOR TAXES 643,500.00 CONTRACT SALES RECEIVABLE MORTGAGE SALES RECEIVABLE DUE FROM TRUST - ESCROW DEPOSITS/PERFORMANCE BOND 308.25 DUE FROM TRUST - PAYROLL WITHHOLDINGS 4,500.00 DUE FROM TRUST - TTL REDEMPTION 8.03 DEFERRED CHARGES: EMERGENCY SPECIAL EMERGENCY (40A:4-55) D..."

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