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2010 Audit

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ISSUED: 5/6/2011

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Executive Summary

This document is an audit report for the City of Port Republic, New Jersey, covering the financial year ended December 31, 2010. The audit, conducted by Swartz & Co., LLC, includes an examination of the city's balance sheets, statements of operations, and changes in fund balance across various funds (Current, Trust, and Capital). The report also assesses compliance and internal control over financial reporting, adhering to Government Auditing Standards.

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--- Document: 2010 Audit Document ---
CITY OF PORT REPUBLIC
ATLANTIC COUNTY
NEW JERSEY
AUDIT REPORT
FOR THE YEAR ENDED
DECEMBER 31, 2010
PART 1
Independent Auditor's Report
CITY OF PORT REPUBLIC
TABLE OF CONTENTS
Exhibit
Page
1-2
CURRENT FUND
Comparative Balance Sheet - Regulatory Basis
Comparative Statement of Operations and Change in
A
3-4
Fund Balance - Regulatory Basis
A-1
5-6
Statement of Revenues -Regulatory Basis
A-2
7-10
A-3
11-18
Statement of Expenditures - Regulatory Basis
TRUST FUND
Comparative Balance Sheet - Regulatory Basis
B
19-20
CAPITAL FUND
Comparative Balance Sheet - Regulatory Basis
Schedule of Fund Balance - Regulatory Basis
C
C-1
21
22
GENERAL FIXED ASSETS ACCOUNT GROUP
Balance Sheet - Regulatory Basis
NOTES TO FINANCIAL STATEMENTS
SUPPLEMENTARY DATA
Report on Compliance and Internal Control over Financial
Reporting Based on an Audit of Financial Statements
Performed in Accordance with Government Auditing Standards
Schedule of Expenditures of Federal and State Awards
CURRENT.FUND
Schedule of Cash - Treasurer
Schedule of Taxes Receivable and Analysis of
Property Tax Levy
G
23
24-35
36-37
38
A-4
39
A-5
40-41
CITY OF PORT REPUBLIC
TABLE OF CONTENTS
Schedule of Tax Title Liens
Schedule of Revenue Accounts Receivable
Schedule of 2009 Appropriation Reserves
Schedule of Local District School Tax
Schedule of State Grants Receivable
Schedule of Reserve for State Grants - Appropriated
Schedule of Reserve for State Grants - Unappropriated
(
(
Exhibit
Page
1
A-6
42
A-7
43
(
A-8
44
A-9
45
A-10
46
A-11
47
4
A-12
48
TRUST FUNDS
4
Schedule of Cash Treasurer
B-2
49
Schedule of Reserve for Dog Expenditures
B-3
50
Schedule of Amount Due to/(from) Current Fund - Dog License Fund
B-4
51
Schedule of Amount Due to State of New Jersey - Department of Health
B-5
51
Schedule of Reserve for Unemployment Compensation
B-6
52
Schedule of Contractors Deposits
B-7
52
Schedule of Reserve for Sanitary Landfill Closure
B-8
53
Schedule of Reserve for Recycling Trust
B-9
53
Schedule of Reserve for LOSAP
B-10
54
Schedule of Due to Current Fund
B-11
55
Schedule of Reserve for Celebration Trust
B-12
55
Schedule of Reserve for Open Space Trust
B-13
56
Schedule of Reserve for Recreation Trust
B-14
56
CAPITAL FUNDS
Schedule of Due from Current Fund
C-2
57
Analysis of Cash
C-3
58
Schedule of Capital Improvement Fund
Statement of Improvement Authorizations
C-4
59
C-5
60
PART II
General Comments
Status of Prior Recommendations
Recommendations
61-63
64
64
CITY OF PORT REPUBLIC
PART I
REPORT ON AUDIT OF FINANCIAL STATEMENTS
AND SUPPLEMENTARY DATA
YEAR ENDED DECEMBER 31, 2010
Member: New Jersey Society of CPAs
American Institute of CPAS
S
wartz & Co., LLC
CERTIFIED PUBLIC ACCOUNTANTS
P.O. Box 548, Mays Landing, NJ 08330
AICPA Private Companies Practice Section
www.swartzcocpa.com
Phone: (609) 625-0999
Toll Free in N.J.: (877) 310-0999
Fax: (609) 625-2421
INDEPENDENT AUDITOR'S REPORT
The Honorable Mayor and
Members of City Council
City of Port Republic, New Jersey
We have audited the accompanying balance sheets - regulatory basis of the various funds and
account groups of the City of Port Republic, New Jersey, as of December 31, 2010 and 2009, the
related statements of operations and changes in fund balance - regulatory basis for the years then
ended, and the related statement of revenues regulatory basis and statement of expenditures
regulatory basis of the various funds for the year ended December 31, 2010. These financial
statements are the responsibility of the City of Port Republic's management. Our responsibility is
to express an opinion on these financial statements based on our audits.
We conducted our audits in accordance with auditing standards generally accepted in the United
States of America, the audit requirements prescribed by the Division of Local Government
Services, Department of Community Affairs, State of New Jersey (the "Division"), and the
standards applicable to financial audits contained in Government Auditing Standards, issued by the
Comptroller General of the United States. Those standards require that we plan and perform the
audit to obtain reasonable assurance about whether the financial statements are free of material
misstatement. An audit includes consideration of internal control over financial reporting as a basis
for designing audit procedures that are appropriate in the circumstances, but not for the purpose of
expressing an opinion on the effectiveness of the City's internal control over financial reporting.
Accordingly we express no opinion. An audit also includes examining, on a test basis, evidence
supporting the amounts and disclosures in the financial statements, assessing the accounting
principles used and significant estimates made by management, as well as evaluating the overall
financial statement presentation. We believe that our audit provide a reasonable basis for our
opinion.
The Length of Service Awards Program of the City of Port Republic has not been audited, and we
were not engaged to audit the Length of Service Awards Program financial statements as part of our
audit of the City's financial statements.
As described in Note 1, the City of Port Republic, New Jersey prepares its financial statements on a
basis of accounting prescribed by the Division of Local Government Services, Department of
Community Affairs, State of New Jersey, that demonstrates compliance with a modified accrual
basis, with certain exceptions, and the budget laws of the State of New Jersey, which practices
differ from accounting principles generally accepted in the United States of America. The
presentation requirement does not include a Management Discussion and analysis as required by
the Governmental Accounting Standards Board to be presented as required Supplemental
Information, but not required by the Division of Local Government services, Department of
1
Swartz & Co. LLC
Community Affairs, State of New Jersey. The affect on the financial statements of the variances
between the prescribed basis of accounting and accounting principles generally accepted in the
United States of America, although not reasonably determinable, are presumed to be material.
In our opinion, because of the City's policy to prepare its financial statements on the basis of
accounting discussed in the fourth paragraph of this report, the financial statements referred to
above do not present fairly, in conformity with accounting principles generally accepted in the
United States of America, the financial position of the City of Port Republic as of December 31,
2010 and 2009 or the results of its operations for the years then ended.
However, in our opinion, the financial statements referred to above present fairly, in all material
respects, the financial position - regulatory basis of the various funds and account groups of the
City of Port Republic, New Jersey as of December 31, 2010 and 2009 and the results of operations
and changes in fund balance - regulatory basis of such funds for the years then ended and the
statements of revenues - regulatory basis and statement of expenditures - regulatory basis of the
various funds for the year ended December 31, 2010 on a modified accrual basis of accounting
described in Note 1.
In accordance with Government Auditing Standards, we have also issued our report dated May 6,
2011 on our consideration of the City of Port Republic's internal control structure over financial
reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts
and grant agreements and other matters. The purpose of that report is to describe the scope of our
testing of internal control over financial reporting and compliance and the results of that testing, and
not to provide an opinion on the internal control over financial reporting or on compliance. That
report is an integral part of an audit performed in accordance with Government Auditing Standards
and should be considered in assessing the results of our audit.
Our audit was conducted for the purpose of forming and opinion on the financial statements of the
City of Port Republic taken as a whole. The supplemental schedules listed in the table of contents
are not a required part of the financial statements. The supplemental schedules have been subjected
to the auditing procedures applied in the audit of the financial statements and, in our opinion, are
fairly stated in all material respects in relation to the basic financial statements taken as a whole.
Kenneth W. Moore, CPA
Kenneth W. Moore, CPA
Registered Municipal Accountant
No. 231
Swartz & Co., LLC
Swartz & Co., LLC
Certified Public Accountants
May 6, 2011
2
€
€
€
€
€
€
€
€
€
€
EXHIBIT A - CURRENT FUND
Assets
Regular Fund:
Cash:
Treasurer
Change Fund
CURRENT FUND
COMPARATIVE BALANCE SHEET - REGULATORY BASIS
AS OF DECEMBER 31,
Exhibit A
Sheet 1
Ref.
2010
2009
A-4
$
895,541
1,017,492
25
25
895,566
1,017,517
Receivables and Other Assets with Full Reserves:
Delinquent Property Taxes Receivable
A-5
73,224
70,771
Tax Title Liens Receivable
A-6
10,435
Property Acquired for Taxes-Assessed Valuation
923,101
923,101
Property Deeded to the City
386,300
386,300
Revenue Accounts Receivable
Municipal Court
A-7
2,787
1,820
Due From:
Grant Fund
A
34,207
27,430
Dog Trust
B
823
746
Open Space Trust
B
13,041
13,041
Other Trust Funds
B
1,774
1,731
1,445,692
1,424,940
Deferred Charges:
Special Emergency
Emergency Authorization
Federal and State Grant Fund:
State Grants Receivable
155,000
25,000
155,000
25,000
2,496,258
2,467,457
A-10
600,376
485,487
600,376
485,487
$ 3,096,634
2,952,944
See Accompanying Notes to Financial Statements
3
CURRENT FUND
COMPARATIVE BALANCE SHEET - REGULATORY BASIS
AS OF DECEMBER 31,
Exhibit A
Sheet 2
Liabilities, Reserves and Fund Balance
Regular Fund:
Ref.
2010
2009
Liabilities:
Appropriation Reserves
A-3:A-8
$
111,670
111,984
Reserve for Encumbrances
50,155
40,548
Prepaid Taxes
21,090
21,855
County of Atlantic - Added Taxes
1,448
1,513
Local School District Tax Payable
A-9
305,150
266,773
Due to State of New Jersey -
Construction Training Fees
864
864
Veterans and Senior Citizens
14,050
13,399
Marriage License Fees
150
自
Reserve for Garden State Trust
Due to:
50
1,835
€
General Capital
C
57,008
57,009
€
561,585
515,830
Reserves for Receivables
and Other Assets
Fund Balance
A
A-1
1,445,692
1,424,940
€
488,981
526,687
€
2,496,258
€
2,467,457
Federal and State Grant Fund:
Reserve for Encumbrances
2,269
Due to Current Fund
34,207
27,430
Reserve for State Grants
Appropriated
A-11
566,169
454,452
Unappropriated
A-12
1,336
600,376
485,487
$ 3,096,634
2,952,944
See Accompanying Notes to Financial Statements
4
CURRENT FUND
COMPARATIVE STATEMENT OF OPERATIONS
AND CHANGE IN FUND BALANCE - REGULATORY BASIS
FOR THE YEARS ENDED DECEMBER 31,
Revenue and Other Income Realized
Exhibit A-1
Sheet 1
Ref.
2010
2009
Fund Balance Utilized
A-2
Miscellaneous Revenue Anticipated
A-2
$ 214,570
443,088
188,000
426,232
Receipts from Delinquent Taxes
A-2
65,940
51,135
Receipts from Current Taxes
A-2
2,401,352
2,375,623
Non Budget Revenue
A-2
59,433
41,441
Interfund Returned
94,611
Other Credits to Income:
Unexpended Balance of Approp Reserves
A-8
119,677
151,449
Total Income
3,304,060
3,328,491
Expenditures
Budget and Emergency Appropriations:
Operations:
Salaries and Wages
A-3
300,618
307,141
Other Expenses
A-3
706,357
680,317
Deferred Charges and Statutory
Expenditures
A-3
69,904
27,785
Capital Improvements
A-3
166,000
80,500
County Tax
485,246
491,154
County Share of Added Taxes
1,448
1,513
Municipal Open Space Taxes
15,541
15,454
Local District School Tax
A-8
1,530,305
1,453,550
Interfund Created
6,777
13,041
Refund of Prior Year Revenue
2,000
Total Expenditures
3,282,196
3,072,455
Excess in Revenue
$
21,864
256,036
See Accompanying Notes to Financial Statements
5
CURRENT FUND
COMPARATIVE STATEMENT OF OPERATIONS
AND CHANGE IN FUND BALANCE - REGULATORY BASIS
FOR THE YEARS ENDED DECEMBER 31,
(CONTINUED)
Adjustments to Income before Fund Balance:
Expenditures included above which are by
Statute deferred Charges to Budget of
Succeeding Year
Statutory Excess to Fund Balance
Fund Balance January 1
Decreased by:
Utilization as Anticipated Revenue
Balance December 31
Exhibit A-1
Sheet 2
Ref.
2010
2009
By
$
155,000
25,000
A
A-1:A-2
!!ייי
176,864
281,036
526,687
433,651
703,551
714,687
€
214,570
188,000
A
$ 488,981
526,687
See Accompanying Notes to Financial Statements
6
CURRENT FUND
STATEMENT OF REVENUES - REGULATORY BASIS
FOR THE YEAR ENDED DECEMBER 31, 2010
Exhibit A-2
Sheet 1
Anticipated
Budget
Special
Ref.
N.J.S. 40A:4-87
Realized
Excess or
(Deficit)
A-1
$ 214,570
214,570
Fund Balance Anticipated
Miscellaneous Revenues:
Section A: Local Revenues
Fines and Costs:
Municipal Court
A-7
18,000
28,727
10,727
Interest and Costs on Taxes
A-7
9,500
11,899
2,399
Interest on Investments and Deposits
A-7
4,500
2,570
(1,930)
Communication Tower Rental - Bell Atlantic Nynex & Sprint
A-7
55,000
54,604
(396)
Total Section A
87,000
97,800
10,800
Section B: State Aid Without
Offsetting Appropriations
Energy Receipts Tax
Garden State Trust
Total Section B
A-7
176,307
1,835
176,307
1,835
178,142
178,142
Section F: Special Items of General Revenue
Anticipated with Prior Written Consent of Dir.
of Local Government Services - Public and
Private Revenues offset with Appropriations:
N.J. Transportation Trust Fund Authority Act
A-10
150,000
150,000
Recycling Tonnage Grant
A-10
2,088
2,088
Clean Communities Program
A-10
4,000
4,000
Alcohol Education, Rehabilitation and Enforcement Fund
A-10
464
754
1,218
Municipal Alliance on Alcohol and Drug Abuse
A-10
9,840
9,840
Total Section F
166,392
754
167,146
See Accompanying Notes to Financial Statements
7
CURRENT FUND
STATEMENT OF REVENUES - REGULATORY BASIS
FOR THE YEAR ENDED DECEMBER 31, 2010
(CONTINUED)
Anticipated
Ref. Budget
A-1
431,534
Special
N.J.S. 40A:4-87
Exhibit A-2
Sheet 2
Realized
Excess or
(Deficit)
754
443,088
10,800
A-1:A-2
70,000
65,940
(4,060)
Total Miscellaneous Revenues
Receipts from Delinquent Taxes
Amount to be Raised by Taxes
for Support of Municipal Budget
a) Local Tax for Municipal Purposes
A-2
445,615
443,406
(2,209)
Total Amount to Be Raised by Taxes
445,615
443,406
(2,209)
1,161,719
754
1,167,004
4,531
Budget Totals
Non-Budget Revenues:
Other Non-Budget Revenue
13
A-2
59,433
59,433
$ 1,161,719
754
1,226,437
63.964
Ref.
A-3
A-3
See Accompanying Notes to Financial Statements
E
8
CURRENT FUND
STATEMENT OF REVENUES - REGULATORY BASIS
FOR THE YEAR ENDED DECEMBER 31, 2010
(CONTINUED)
Analysis of Realized Revenues
Allocation of Current Tax Collections:
Revenue from Collections
Allocated to:
School, County Taxes, Muni Open Spaces
Balance for Support of Municipal Budget Appropriations
Increased by:
Appropriation "Reserve for Uncollected
Taxes"
Amount for Support of Municipal
Budget Appropriations
Receipts from Delinquent Taxes:
Delinquent Tax Collections
Ref.
Exhibit A-2
Sheet 3
A-1:A-5
2,401,352
2,032,540
368,812
A-3
74,594
A-2
443,406
A-5
65,940
65,940
See Accompanying Notes to Financial Statements
9
CURRENT FUND
STATEMENT OF REVENUES - REGULATORY BASIS
FOR THE YEAR ENDED DECEMBER 31, 2009
(CONTINUED)
Exhibit A-2
Sheet 4
Analysis of Non-Budget Revenue
Miscellaneous Revenue not Anticipated:
Building Permits
Tax Collector
Reimursement
Treasurer
Clerk
Ref.
A-1:A-2
$ 24,478
$$
584
20,223
10,556
3,592
९
e
59,433
$ 59,433
See Accompanying Notes to Financial Statements
10
1
1
CURRENT FUND
STATEMENT OF EXPENDITURES - REGULATORY BASIS
FOR THE YEAR ENDED DECEMBER 31, 2010
Exhibit A-3
Sheet 1
Appropriations
Expended
Budget After
Budget
Modification
Paid or
Charged
Encumbered Reserved
Unexpended
Balance
Canceled
Over-
expended
GENERAL GOVERNMENT:
Mayor and Council
Salaries and Wages
4,200
4,200
4,200
Other Expenses
1,500
1,500
1,430
52
18
Municipal Clerk
Salaries And Wages
91,900
93,050
92,692
358
Other Expenses
30,000
36,327
28,253
7,457
617
Codification of Ordinances
Financial Administration
Salaries and Wages
Other Expenses
8,777
8,838
8,121
5,000
6,466
4,906
1,559
717
1
Audit Service
Other Expenses
23,200
23,200
23,200
Revenue Administration (Tax Collector)
Salaries and Wages
10,760
10,760
10,760
Other Expenses
4,525
4,525
4,396
129
Assessment of Taxes
Salaries and Wages
10,500
9,747
9,724
23
Other Expenses
5,950
1,133
1,049
84
Liquidation of Tax Title Liens
Other Expenses
100
100
100
Legal Services and Costs
Salaries and Wages
10,455
10,455
10,455
Other Expenses
15,000
24,658
23,568
1,085.
5
Engineering Services and Costs
Other Expenses
13,750
35,501
34,984
507
10
See Accompanying Notes to Financial Statements
11
CURRENT FUND
STATEMENT OF EXPENDITURES - REGULATORY BASIS
FOR THE YEAR ENDED DECEMBER 31, 2010
(CONTINUED)
Exhibit A-3
Sheet 2
Municipal Court
Salaries & Wages
Other Expenses
Appropriations
Expended
Budget After
Budget
Modification
Paid or
Charged
Encumbered Reserved
Unexpended
Balance
Canceled
Over-
expended
39,000
39,000
6,300
6,300
37,320
5,640
624
1,680
36
Public Defender
Other Expenses
1,200
1,200
750
450
LAND USE ADMINISTRATION:
Municipal Land Use Law (N.J.S.A. 40:55D-1)
Planning Board
Salaries and Wages
1,000
1,000
736
264
Other Expenses
1,500
2,647
2,119
528
INSURANCE:
Disability Insurance
1,500
1,500
303
1,197
Liability Insurance
43,572
36,570
36,570
Workers Compensation Insurance
Group Insurance Plan for Employees
73,840
73.840
73,066
774
PUBLIC SAFETY:
Police Department
Other Expenses
50
50
50
911 Service
2,000
2,000
2,000
Emergency Management Service
Salaries and Wages
400
400
Other Expenses
5,000
10,040
400
7,780
2,252
8
Aid to Volunteer Fire Companies
28,000
28,000
20,220
7,780
First Aid Organization - Contribution
10,000
10,000
10,000
See Accompanying Notes to Financial Statements
€
12
CURRENT FUND
STATEMENT OF EXPENDITURES - REGULATORY BASIS
FOR THE YEAR ENDED DECEMBER 31, 2010
(CONTINUED)
Municipal Prosecutor
Salaries and Wages
Other Expenses
Appropriations
Expended
Budget After
Budget
Modification
Paid or
Charged
Encumbered Reserved
Exhibit A-3
Sheet 3
Unexpended
Balance
Canceled
Over-
expended
6,460
4,846
4,846
1,077
1,077
PUBLIC WORKS:
Streets and Road Maintenance
Salaries and Wages
73,000
77,275
76,122
Other Expenses
22,000
177,000
92,540
1,752
1,153
82,708
Garbage and Trash Removal
Salaries and Wages
3,000
3,000
2,391
609
Other Expenses
110,000
92,378
87,065
5,313
Monitoring Wells
2,500
2,500
1,142
1,358
Building and Grounds
Salaries and Wages
7,500
7,500
6,251
Other Expenses
28,000
14,239
12,032
645
1,249
1,562
Gypsy Moth Program
Other Expenses
500
HEALTH AND HUMAN SERVICES:
Animal Control Service (Dog Regulation)
Other Expenses
2,500
2,500
1,573
405
522
Aid to Outreach
2,000
2,000
2,000
PARKS AND RECREATION:
Parks and Playgrounds
Salaries and Wages
8,200
8,526
8,525
1
Other Expenses:
Miscellaneous Other Expenses
15,000
15,000
2,172
12,686
142
See Accompanying Notes to Financial Statements
13
CURRENT FUND
STATEMENT OF EXPENDITURES - REGULATORY BASIS
FOR THE YEAR ENDED DECEMBER 31, 2010
(CONTINUED)
Exhibit A-3
Sheet 4
Appropriations
Expended
Budget After
Budget
Modification
Paid or
Charged
Encumbered
Reserved
Unexpended
Balance
Canceled
Over-
expended
STATE UNIFORM CONSTRUCTION CODE
Construction Official
Salaries and Wages
11,000
7,873
7,873
700
Other Expenses
Plumbing Inspector
Salaries and Wages
3,315
3,315
2,886
429
Building Inspector
Salaries and Wages
3,500
5,501
5,500
1
Electrical Inspector
Salaries and Wages
3,315
3,382
3,381
1
Code Enforcement
Salaries and Wages
3,700
Fire Protection Official
Salaries and Wages
2,700
1,950
1,950
UNCLASSIFIED:
Celebration of Public Events
5,200
5,200
4,171
1,029
UTILITY EXPENSES AND BULK PURCHASES:
Electricity
10,340
10,340
7,270
2,381
689
Street lighting
16,500
16,500
16,072
307
121
Telephone
11,000
11,000
7,457
941
2,602
Heating Oil
7,200
7,200
4,000
2,448
752
Gasoline
6,000
6,000
4,570
207
1,223
TOTAL OPERATIONS WITHIN "CAPS"
814,109
969,109
816,366
50,155
102,588
Contingent
TOTAL OPERATIONS INCLUDING CONTINGENT
814,109
969,109
816,366
50,155
102,588
See Accompanying Notes to Financial Statements
07
{
17
14
Detail:
Salaries and Wages
Other Expenses
CURRENT FUND
STATEMENT OF EXPENDITURES - REGULATORY BASIS
FOR THE YEAR ENDED DECEMBER 31, 2010
(CONTINUED)
Exhibit A-3
Sheet 5
Appropriations
Expended
Budget After
Paid or
Budget
Modification
Charged
Encumbered Reserved
Unexpended
Balance
Canceled
Over-
expended
302,682
300,618
294,133
511,427
668,491
522,233
50,155
6,485
96,103
DEFERRED CHARGES AND STATUTORY EXPENDITURES:
STATUTORY EXPENDITURES:
Contribution to:
Public Employees' Retirement System
Social Security
18,904
18,904
18,904
25,000
25,000
22,555
2,445
Unemployment Compensation Insurance
1,000
1,000
1,000
TOTAL DEFERRED CHARGES AND
STATUTORY EXPENDITURES
44.904
44,904
41,459
3,445
TOTAL GENERAL APPROPRIATIONS FOR
MUNICIPAL PURPOSES WITHIN "CAPS"
859,013
1,014,013
857,825
50,155
106,033
OPERATIONS - EXCLUDED FROM "CAPS"
LOSAP
11,500
11,500
10,925
575
Group Insurance Plan for Employees
6,760
6,760
6,760
Total Other Operations - Excluded from "CAPS"
18,260
18,260
17,685
575
See Accompanying Notes to Financial Statements
15
CURRENT FUND
STATEMENT OF EXPENDITURES - REGULATORY BASIS
FOR THE YEAR ENDED DECEMBER 31, 2010
(CONTINUED)
Exhibit A-3
Sheet 6
Appropriations
Expended
Budget After
Paid or
Budget
Modification
Charged
Encumbered
Reserved
Unexpended
Balance
Canceled
Over-
expended
OPERATIONS - EXCLUDED FROM "CAPS"
Detail:
Salaries and Wages
Other Expenses (Including Contingent)
CURRENT FUND
STATEMENT OF EXPENDITURES - REGULATORY BASIS
FOR THE YEAR ENDED DECEMBER 31, 2010
(CONTINUED)
Exhibit A-3
Sheet 7
Appropriations
Expended
Budget After
Paid or
Budget
Modification
Paid or
Charged
Encumbered
Reserved
Unexpended
Balance
Canceled
Over-
expended
DEFERRED CHARGES:
Emergency Authorizations
25,000
25,000
25,000
TOTAL DEFERRED CHARGES - MUNICIPAL
EXCLUDED FROM "CAPS"
25,000
25,000
25,000
TOTAL GENERAL APPROPRIATIONS. FOR
MUNICIPAL PURPOSES EXCLUDED FROM "CAPS"
228,866
228,866
223,229
5,637
SUBTOTAL GENERAL APPROPRIATIONS
1,087,879
1,242,879
1,081,054
50,155
111,670
Reserve for Uncollected Taxes
74,594
74,594
74,594
TOTAL GENERAL APPROPRIATIONS
1,162,473
1,317,473
1,155,648
50,155
111,670
A-2
A-1
A
A:A-1
Budget
A-3
1,161,719
Reimbured
Appropriations by 40A:4-87
A-2
754
1,155,648 Disbursed
Emergency Appropriation