Start your 7-day free trial — unlock full access instantly.

Lead Closed

This opportunity is no longer accepting submissions.

Port RepublicGreen Risk

ClosedGeneral

2011 Audit

BID #: N/A

ISSUED: 2/24/2012

DUE: TBD

VALUE: TBD

100

Rating

Risk Rank

Green Risk

AI-Powered Lead Insights

Executive Summary

This document presents the audit report for the City of Port Republic, Atlantic County, New Jersey, for the year ended December 31, 2011. The report includes an independent auditor's assessment of the city's financial statements and supplementary data, prepared on a regulatory basis. Key components of the report include comparative balance sheets, statements of operations and changes in fund balance, and statements of revenues and expenditures for various funds, including the Current Fund, Trust Fund, and Capital Fund. The audit was conducted by Ford, Scott & Associates, L.L.C., with the report issued on February 24, 2012.

Web Content

Automated discovery link found on Port Republic website.

Document Text

--- Document: 2011 Audit Document ---
CITY OF PORT REPUBLIC
ATLANTIC COUNTY
NEW JERSEY
AUDIT REPORT
FOR THE YEAR ENDED
DECEMBER 31, 2011
CITY OF PORT REPUBLIC
PART I
REPORT ON AUDIT OF FINANCIAL STATEMENTS
AND SUPPLEMENTARY DATA
YEAR ENDED DECEMBER 31, 2011
{THIS PAGE IS INTENTIONALLY LEFT BLANK}
CITY OF PORT REPUBLIC
TABLE OF CONTENTS
Exhibit
Page
PART 1
Independent Auditor's Report
1-2
CURRENT FUND
Comparative Balance Sheet - Regulatory Basis
A
3-4
Comparative Statement of Operations and Change in
Fund Balance - Regulatory Basis
A-1
5-6
Statement of Revenues -Regulatory Basis
A-2
7-10
Statement of Expenditures - Regulatory Basis
A-3
11-18
TRUST FUND
Comparative Balance Sheet - Regulatory Basis
B
-19-20
CAPITAL FUND
Comparative Balance Sheet - Regulatory Basis
C
21
Schedule of Fund Balance - Regulatory Basis
C-1
22
GENERAL FIXED ASSETS ACCOUNT GROUP
Balance Sheet - Regulatory Basis
G
23
NOTES TO FINANCIAL STATEMENTS
24-36
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
37-38
Schedule of Expenditures of Federal and State Awards
39
CURRENT FUND
Schedule of Cash Treasurer
A-4
40
Schedule of Taxes Receivable and Analysis of
Property Tax Levy
A-5
41-42
Schedule of Tax Title Liens
A-6
43
CITY OF PORT REPUBLIC
TABLE OF CONTENTS
Exhibit
Page
Schedule of Revenue Accounts Receivable
A-7
44
Schedule of 2009 Appropriation Reserves
A-8
45
Schedule of Local District School Tax
A-9
46
Schedule of State Grants Receivable
A-10
47
Schedule of Reserve for State Grants - Appropriated
A-11
48
Schedule of Reserve for State Grants - Unappropriated
A-12
49
TRUST FUNDS
Schedule of Cash - Treasurer
B-2
50
Schedule of Reserve for Dog Expenditures
B-3
51
Schedule of Amount Due to/(from) Current Fund - Dog License Fund
B-4
52
Schedule of Amount Due to State of New Jersey - Department of Health
B-5
52
Schedule of Reserve for Unemployment Compensation
B-6
53
Schedule of Contractors Deposits
B-7
53
Schedule of Reserve for Sanitary Landfill Closure
B-8
54
Schedule of Reserve for Recycling Trust
B-9
54
Schedule of Reserve for LOSAP
B-10
55
Schedule of Due to Current Fund
B-11
56
Schedule of Reserve for Celebration Trust
B-12
56
Schedule of Reserve for Open Space Trust
B-13
57
Schedule of Reserve for Recreation Trust
B-14
57
CAPITAL FUNDS
Schedule of Due from Current Fund
C-2
58
Analysis of Cash
C-3
59
Schedule of Deferred Charges to Future Taxation - Unfunded
C-4
60
Schedule of Bond Anticipation Notes
C-5
61
Statement of Improvement Authorizations
C-6
62
Schedule of Capital Improvement Fund
C-7
63
Schedule of Bonds and Notes Authorized but Not Issued
C-8
64
PART II
General Comments
64-67
Findings and Recommendations
68
Status of Prior Recommendations
69
Recommendations
69
1535 HAVEN AVENUE PO BOX 538
OCEAN CITY, NI08226-0538
PHONE 609.399.6333 FAX 609,399.3710
FORD-SCOTT
&
ASSOCIATES,
L.L.C.
CERTIFIED PUBLIC ACCOUNTANTS
www.ford-scott.com
INDEPENDENT AUDITOR'S REPORT
1409 CANTILLON BLVD. PO BOX 54B
MAYS LANDING, NJ 08330
PHONE 609.625.0999 FAX 609.625.2421
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, 2011 and 2010, 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, 2011. 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 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.
1
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, 2011 and 2010 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, 2011 and 2010 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, 2011 on a modified accrual basis of accounting described in Note 1.
In accordance with Government Auditing Standards, we have also issued our report dated February 24,
2012 on our consideration of the City of Port Republic's internal control 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 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. Such information is the responsibility of management and
was derived from and relates directly to the underlying accounting and other records used to prepare
the financial statements. The information has been subjected to the auditing procedures applied in the
audit of the financial statements and certain additional procedures, including comparing and
reconciling such information directly to the underlying accounting and other records used to prepare
the financial statements or to the financial statements themselves, and other additional procedures in
accordance with auditing standards generally accepted in the United States of America. In our
opinion, the information is fairly stated in all material respects in relation to the financial statements as
a whole.
Ford, Scott & Associates, L. L. C.
FORD, SCOTT & ASSOCIATES, L.L.C.
CERTIFIED PUBLIC ACCOUNTANTS
Kenneth W. Moore
Kenneth W. Moore, CPA
Registered Municipal Accountant
No. 231
February 24, 2012
2
EXHIBIT - A
CURRENT FUND
{THIS PAGE IS INTENTIONALLY LEFT BLANK}
CURRENT FUND
COMPARATIVE BALANCE SHEET - REGULATORY BASIS
AS OF DECEMBER 31,
Exhibit A
Sheet 1
Assets
Ref.
2011
2010
Regular Fund:
Cash:
Treasurer
A-4
$ 1,907,259
895,541
Change Fund
25
25
1,907,284
895,566
Receivables and Other Assets with Full Reserves:
Delinquent Property Taxes Receivable
A-5
71,354
73,224
Tax Title Liens Receivable
A-6
15,378
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
2,620
2,787
Due From:
Grant Fund
A
87,999
34,207
Dog Trust
B
1,111
823
Open Space Trust
B
13,041
13,041
Other Trust Funds
B
1,875
1,774
1,502,779
1,445,692
Deferred Charges:
Special Emergency
36,911
155,000
Overexpenditures of Appropriations
11,433
48,344
155,000
3,458,407
2,496,258
Federal and State Grant Fund:
State Grants Receivable
A-10
639,415
600,376
639,415
600,376
$ 4,097,822
3,096,634
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
Ref.
2011
2010
Regular Fund:
Liabilities:
Appropriation Reserves
A-3:A-8
$
59,989/
111,670
Reserve for Encumbrances
11,557
50,155
Prepaid Taxes
37,913
21,090
Tax Overpayments
94
County of Atlantic - Added Taxes
363
1,448
Local School District Tax Payable
A-9
287,126
305,150
Due to State of New Jersey -
Construction Training Fees
864
864
Veterans and Senior Citizens
Marriage License Fees
13,649
150
14,050
150
Due to:
General Capital
C
1,036,609
57,008
1,448,314
561,585
Reserves for Receivables
and Other Assets
Fund Balance
A
A-1
1,502,779
1,445,692
507,314
488,981
3,458,407
2,496,258
Federal and State Grant Fund:
Reserve for Encumbrances
Due to Current Fund
170
87,999
34,207
Reserve for State Grants
Appropriated
A-11
548,969
566,169
Unappropriated
A-12
2,277
639,415
600,376
$ 4,097,822
3,096,634
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
Fund Balance Utilized
Miscellaneous Revenue Anticipated
Receipts from Delinquent Taxes
Receipts from Current Taxes
Non Budget Revenue
Other Credits to Income:
Unexpended Balance of Approp Reserves
Total Income
Expenditures
Exhibit A-1
Sheet 1
Ref.
2011
2010
A-2
$
94,000
214,570
A-2
466,737
443,088
A-2
73,223
65,940
A-2
2,469,350
2,401,352
A-2
91,947
59,433
A-8
56,461
119,677
3,251,718
3,304,060
Budget and Emergency Appropriations:
Operations:
Salaries and Wages
A-3
287,087
300,618
Other Expenses
A-3
498,828
706,357
Deferred Charges and Statutory
Expenditures
A-3
167,329
69,904
Capital Improvements
A-3
110,000
166,000
County Tax
522,623
485,246
County Share of Added Taxes
363
1,448
Municipal Open Space Taxes
15,559
15,541
Local District School Tax
A-8
1,494,257
1,530,305
Interfund Created
54,380
6,777
Refund of Prior Year Revenue
392
Total Expenditures
3,150,818
3,282,196
Excess in Revenue
$
100,900
21,864
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)
Exhibit A-1
Sheet 2
Ref.
2011
2010
Adjustments to Income before Fund Balance:
Expenditures included above which are by
Statute deferred Charges to Budget of
Succeeding Year
$
11,433
155,000
Statutory Excess to Fund Balance
112,333
176,864
Fund Balance January 1
A
488,981
526,687
601,314
703,551
Decreased by:
Utilization as Anticipated Revenue
A-1:A-2
94,000
214,570
Balance December 31
A
$ 507,314
488,981
See Accompanying Notes to Financial Statements
6
CURRENT FUND
STATEMENT OF REVENUES - REGULATORY BASIS
FOR THE YEAR ENDED DECEMBER 31, 2011
Exhibit A-2
Sheet 1
Excess or
Anticipated
Budget
Special
N.J.S. 40A:4-87
Realized
(Deficit)
Ref.
A-1
Fund Balance Anticipated
$ 94,000
94,000
Miscellaneous Revenues:
Section A: Local Revenues
Fines and Costs:
Municipal Court
Interest and Costs on Taxes
A-7
25,000
29,023
4,023
A-7
10,000
12,993
2,993
A-7
2,500
6,409
3,909
A-7
54,000
65,104
11,104
91,500
113,529
22,029
Interest on Investments and Deposits
Communication Tower Rental - Bell Atlantic Nynex & Sprint
Total Section A
Section B: State Aid Without
Offsetting Appropriations
Energy Receipts Tax
Total Section B
A-7
176,307
176,307
176,307
176,307
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:
Help America Vote Act Grant
Clean Communities Program
A-10
8,575
8,575
A-10
4,000
4,000
Alcohol Education, Rehabilitation and Enforcement Fund A-10
431
431
Municipal Alliance on Alcohol and Drug Abuse
A-10
9,840
9,840
Mill Road
A-10
67,000
67,000
Total Section F
76,840
13,006
89,846
See Accompanying Notes to Financial Statements
7
CURRENT FUND
STATEMENT OF REVENUES - REGULATORY BASIS
FOR THE YEAR ENDED DECEMBER 31, 2011
(CONTINUED)
Exhibit A-2
Sheet 2
Excess or
(Deficit)
Special
N.J.S. 40A:4-87
Realized
Anticipated
Ref. Budget
Section G: Special Items of General Revenue
Anticipated with Prior Written Consent of Dir.
of Local Government Services - Other
Special Items:
FEMA
NJDEP
Total Section G
Total Miscellaneous Revenues
Receipts from Delinquent Taxes
A-10
A-10
31,996
76,866
87,055
55,059
(76,866)
108,862
87,055
(21,807)
A-1
453,509
13,006
466,737
222
A-1:A-2
70,000
73,223
3,223
Amount to be Raised by Taxes
for Support of Municipal Budget
a) Local Tax for Municipal Purposes
A-2
510,361
525,491
15,130
Total Amount to Be Raised by Taxes
510,361
525,491
15,130
Budget Totals
1,127,870
13,006
1,159,451
18,575
Non-Budget Revenues:
Other Non-Budget Revenue
A-2
91,947
91,947
$ 1,127,870
13,006
1,251,398
110,522
Ref.
A-3
A-3
See Accompanying Notes to Financial Statements
8
CURRENT FUND
STATEMENT OF REVENUES - REGULATORY BASIS
FOR THE YEAR ENDED DECEMBER 31, 2011
(CONTINUED)
Exhibit A-2
Sheet 3
Analysis of Realized Revenues
Allocation of Current Tax Collections:
Revenue from Collections
Ref.
A-1:A-5
$
2,469,350
Allocated to:
School, County Taxes, Muni Open Spaces
2,032,802
Balance for Support of Municipal Budget Appropriations
436,548
Increased by:
Appropriation "Reserve for Uncollected
Taxes"
A-3
88,943
Amount for Support of Municipal
Budget Appropriations
A-2
525,491
Receipts from Delinquent Taxes:
Delinquent Tax Collections
A-5
73,223
$
73,223
See Accompanying Notes to Financial Statements
9
CURRENT FUND
STATEMENT OF REVENUES - REGULATORY BASIS
FOR THE YEAR ENDED DECEMBER 31, 2011
(CONTINUED)
Exhibit A-2
Sheet 4
Analysis of Non-Budget Revenue
Miscellaneous Revenue not Anticipated:
Building Permits
Tax Collector
Reimbursement
Planning Board
Demolition of Building
Treasurer
Clerk
Ref.
$
16,694
10
528
200
58,116
14,812
1,587
91,947
A-1:A-2
Non cash
Cash
1,114
$ 90,833
See Accompanying Notes to Financial Statements
10
CURRENT FUND
STATEMENT OF EXPENDITURES - REGULATORY BASIS
FOR THE YEAR ENDED DECEMBER 31, 2011
Appropriations
Exhibit A-3
Sheet 1
Expended
Over-
Budget After
Unexpended
Paid or
Budget
Modification
Charged Encumbered Reserved
Balance
Canceled expended
GENERAL GOVERNMENT:
Mayor and Council
Salaries and Wages
4,200
4,200
4,200
Other Expenses
1,500
1,500
1,188
300
12
Municipal Clerk
Salaries And Wages
96,604
101,804
101,438
Other Expenses
29,400
36,400
36,566
366
184
350
Financial Administration
Salaries and Wages
8,838
8,838
8,838
Other Expenses
6,000
13,500
9,072
2,344
2,084
Audit Service
Other Expenses
23,500
23,500
23,500
Revenue Administration (Tax Collector)
Salaries and Wages
10,760
10,760
10,760
Other Expenses
4,525
3,025
2,516
509
Assessment of Taxes
Salaries and Wages
10,466
Other Expenses
1,695
10,457
1,195
10,456
854
75
1
266
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
24,000
23,000
23,756
756
Engineering Services and Costs
Other Expenses
13,750
6,250
4,463
390
1,397
11
See Accompanying Notes to Financial Statements
CURRENT FUND
STATEMENT OF EXPENDITURES - REGULATORY BASIS
FOR THE YEAR ENDED DECEMBER 31, 2011
(CONTINUED)
Exhibit A-3
Sheet 2
Appropriations
Expended
Unexpended
Budget After
Over-
Paid or
Budget
Modification
Charged Encumbered Reserved
Balance
Canceled
expended
430
89
2,988
Municipal Court
Salaries & Wages
35,127
35,127
35,557
Other Expenses
8,575
8,575
5,498
450
Public Defender
Other Expenses
750
750
600
150
LAND USE ADMINISTRATION:
Municipal Land Use Law (N.J.S.A. 40:55D-1)
Planning Board
Salaries and Wages
1,000
1,300
538
462
Other Expenses
1,000
1,000
1,286
14
INSURANCE:
Disability Insurance
400
400
265
135
Liability Insurance
43,000
41,891
40,568
1,323
Group Insurance Plan for Employees
60,200
60,200
66,185
5,985
PUBLIC SAFETY:
Police Department
911 Service
2,000
2,000
2,000
Emergency Management Service
Salaries and Wages
400
400
400
Other Expenses
5,000
5,000
4,305
695
Aid to Volunteer Fire Companies
25,000
25,000
25,000
Aid to Volunteer Fire Companies - Insurance
3,000
3,000
3,000
First Aid Organization - Contribution
10,000
10,000
10,000
12
See Accompanying Notes to Financial Statements
CURRENT FUND
STATEMENT OF EXPENDITURES - REGULATORY BASIS
FOR THE YEAR ENDED DECEMBER 31, 2011
(CONTINUED)
Exhibit A-3
Sheet 3
Appropriations
Expended
Unexpended
Balance
Canceled
Over-
Budget After
Paid or
Budget
Modification
Charged Encumbered Reserved
expended
461
Municipal Prosecutor
Salaries and Wages
5,000
6,000
6,461
Other Expenses
500
PUBLIC WORKS:
Streets and Road Maintenance
Salaries and Wages
60,000
60,000
60,000
Other Expenses
20,000
15,500
1,112
14,388
Garbage and Trash Removal
Salaries and Wages
3,000
6,600
Other Expenses
100,000
93,708
5,564
80,916
Monitoring Wells
1,500
1,500
1,036
12,792
1,500
Building and Grounds
Salaries and Wages
7,500
500
500
Other Expenses
13,000
15,000
8,839
6,074
87
HEALTH AND HUMAN SERVICES:
Animal Control Service (Dog Regulation)
Other Expenses
2,000
2,000
1,215
188
597
Aid to Outreach
2,000
2,000
2,000
PARKS AND RECREATION:
Parks and Playgrounds
Salaries and Wages
8,600
8,600
7,331
1,269
Other Expenses:
Miscellaneous Other Expenses
1,000
1,000
635
365
13
See Accompanying Notes to Financial Statements
CURRENT FUND
STATEMENT OF EXPENDITURES - REGULATORY BASIS
FOR THE YEAR ENDED DECEMBER 31, 2011
(CONTINUED)
STATE UNIFORM CONSTRUCTION CODE
Construction Official
Salaries and Wages
Other Expenses
Appropriations
Exhibit A-3
Sheet 4
Expended
Over-
Budget After
Paid or
Unexpended
Balance
Budget
Modification
Charged Encumbered Reserved
Canceled expended
8,000
8,000
8,954
954
100
100
100
Plumbing Inspector
Salaries and Wages
3,000
3,000
2,601
399
Building Inspector
Salaries and Wages
5,500
5,500
5,091
409
Electrical Inspector
Salaries and Wages
3,500
3,500
3,381
119
Fire Protection Official
Salaries and Wages
2,601
501
100
401
UNCLASSIFIED:
Celebration of Public Events
5,200
5,200
4,730
470
UTILITY EXPENSES AND BULK PURCHASES:
Electricity
10,340
7,340
5,282
233
1,825
Street lighting
17,500
20,500
22,062
1,562
Telephone
8,500
8,500
7,686
376
438
Heating Oil
4,000
6,000
6,935
935
Gasoline
6,000
7,000
6,089
70
841
TOTAL OPERATIONS WITHIN "CAPS"
739,576
737,176
689,136
11,435
48,038
11,433
Contingent
TOTAL OPERATIONS INCLUDING CONTINGENT
739,576
737,176
689,136
11,435
48,038
11.433
14
See Accompanying Notes to Financial Statements
CURRENT FUND
STATEMENT OF EXPENDITURES - REGULATORY BASIS
FOR THE YEAR ENDED DECEMBER 31, 2011
(CONTINUED)
Detail:
Salaries and Wages
Exhibit A-3
Sheet 5
Appropriations
Expended
Over-
Budget After
Paid or
Unexpended
Budget
Modification
Charged Encumbered Reserved
Balance
Canceled
expended
284,541
285,242
282,125
1,845
Other Expenses
455,035
451,934
407,011
11,435
4,962
43,076
9,588
DEFERRED CHARGES AND STATUTORY EXPENDITURES:
STATUTORY EXPENDITURES:
Contribution to:
Public Employees' Retirement System
25,962
25,962
25,962
Social Security
20,000
22,400
21,442
Unemployment Compensation Insurance
1,000
1,000
385
122
958
493
TOTAL DEFERRED CHARGES AND
STATUTORY EXPENDITURES
46,962
49,362
47,789
122
1,451
TOTAL GENERAL APPROPRIATIONS FOR
MUNICIPAL PURPOSES WITHIN "CAPS"
786,538
786,538
736,925
11,557
49,489
11,433
OPERATIONS - EXCLUDED FROM "CAPS"
LOSAP
12,000
12,000
11,500
500
15
Total Other Operations - Excluded from "CAPS"
12,000
12,000
11,500
See Accompanying Notes to Financial Statements
500
CURRENT FUND
STATEMENT OF EXPENDITURES - REGULATORY BASIS
FOR THE YEAR ENDED DECEMBER 31, 2011
(CONTINUED)
Exhibit A-3
Sheet 6
Appropriations
Expended
Unexpended
Balance
Canceled
Over-
Budget After
Budget
Modification
Charged Encumbered Reserved
expended
OPERATIONS - EXCLUDED FROM "CAPS"
Public and Private Programs Offset by Revenues
Municipal Alliance Program
9,840
9,840
9,840
Municipal Alliance Program - Local Match
2,460
2,460
2,460
Alcohol Education Rehabilitiation
431
431
431
Help America Vote Act Grant
8,575
8,575
8,575
Clean Communities Program
4,000
4,000
4,000
Total Public and Private Programs Offset by Revenue
25,306
25,306
25,306
TOTAL OPERATIONS EXCLUDED FROM "CAPS"
37,306
37,306
36,806
500
Detail:
Salaries and Wages
Other Expenses (Including Contingent)
37,306
37,306
36,806
500
CAPITAL IMPROVEMENTS - EXCLUDED FROM "CAPS"
Captial Improvement Fund
33,000
33,000
33,000
Engineer Costs