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2014 Annual Financial Statement

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DUE: 2/10/2015

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Executive Summary

The City of Port Republic's 2014 Annual Financial Statement (Unaudited) provides a detailed overview of the municipality's financial position as of December 31, 2014. The report includes information on population, net valuation taxable, certifications by the Chief Financial Officer and Registered Municipal Accountant, and trial balances for various funds including Current, Federal and State Grants, Trust, and General Capital Funds. This statement was required to be filed under New Jersey Statutes Annotated 40A:5-12, as amended, in combination with information required prior to certification of budgets by the Director of the Division of Local Government Services.

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--- Document: 2014 Annual Financial Statement Document ---
ANNUAL FINANCIAL STATEMENT FOR THE YEAR 2014
(UNAUDITED)
POPULATION LAST CENSUS
NET VALUATION TAXABLE 2014
MUNICODE
1,037
77,703,164
120
FIVE DOLLARS PER DAY PENALTY IF NOT FILED BY:
COUNTIES - JANUARY 26, 2015
MUNICIPALITIES - FEBRUARY 10, 2015
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.
City
of
Port Republic , County of Atlantic
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
Title
RMA CR 00231
(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, (which I have prepared) or
(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 # N1540
, of the
, County of
Gina Simon
City
Atlantic
Port Republic
, am the Acting Chief Financial
of
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, 2014, completely in compliance with N.J.S. 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 Govern-
ment Services, including the verification of cash balances as of December 31, 2014.
Signature
Title
Address
Phone Number
Fax Number
Email
Chief Financial Officer
1450m St
Post office Box 246 Port Republic, NJ 08241
(609) 652-1501
(609) 652-8270
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 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
City
of
Port Republic
of December 31, 2014 and have applied certain agreed-upon procedures thereon as prom-
ulgated 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. 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, (exeept for-eireumstances as set forth below, no matters) or (no
matters) (eliminate-one] came to my attention that caused me to believe that the Annual
Financial Statement for the year ended 12/31/2014 is not in substantial compliance with the re-
quirements 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 munici-
pality/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:
Kenneth W. Moore, CPA
(Registered Municipal Accountant)
Ford Scott & Associates, LLC
(Firm Name)
P.O. Box 538
(Address)
Ocean City, NJ 08226
(Address)
Certified by me
(609) 399-6333
This
25d day of Jor
, 2015
(609) 399-3710
(Phone Number)
(Fax Number
Sheet la
as
UNIFORM CONSTRUCTION CODE CERTIFICATION
BY CONSTRUCTION CODE OFFICIAL
The undersigned certifies that the municipality has compiled with the regula-
tions governing revenues generated by uniform construction code fees and
expenditures for construction code operations for fiscal year 2014 as required
under N.J.A.C. 5:23-4.17.
Printed Name:
John Kelly
Signature:
Certificate #:
6441
Date:
2/1/15
Sheet 1b
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
appropriations;
did not exceed 3% of total
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
countant on Sheet la of the Annual Financial Statement; and
by the registered municipal ac-
6.
There was no operating deficit for the previous fiscal year.
7.
8.
The municipality did not conduct an accelerated tax sale for less than 3 consecutive years.
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 an appropriation or "CAP" wavier.
10.
The municipality will not apply for Transitional Aid for 2015.
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:
City of Port Republic
Chief Financial Officer:
Gina Simon
Signature:
Certificate #:
Date:
N1540
130115
CERTIFICATION OF NON-QUALIFYING MUNICIPALITY
The undersigned certifies that
above and therefore does not qualify
with N.J.A.C. 5-30-7.5.
Municipality:
Chief Financial Officer:
Signature:
Certificate #:
Date:
this municipality dec
municipality.dableet
Not Applic
#
xamination
of the criteria
of its Budget in accordance
City of Port Republic
Gina Simon
N1540
Sheet 1c
21-6001026
Fed I.D. #
City of Port Republic
Municipality
Atlantic
County
Report of Federal and State Financial Assistance
Expenditures of Awards
TOTAL $
Fiscal Year Ending:
12/31/2014
(2)
(3)
Federal Programs
Expended
(administered by
the State)
State
Programs
Expended
Other Federal
Programs
Expended
$
23,515
$
Type of Audit required by OMB A-133 and OMB 04-04:
X
Single Audit
Program Specific Audit
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 A-133 (Revised 6/27/03) and OMB 04-04. The single audit threshold has been
increased to $500,000 beginning with fiscal year ending 12/31/03. Expenditures are defined
in Section 205 of OMB A-133.
(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.
1/30/15
Signature Of Chief Financial Officer
Date
Sheet 1d
IMPORTANT!
READ INSTRUCTIONS
INSTRUCTION
ated utility.
The following certification is to be used ONLY in the event there is NO municipality oper-
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 docu-
ment.
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
County of
essary.
Atlantic
City
of
Port Republic
during the year 2014 and that sheets 40 to 68 are unnec-
I have therefore removed from this statement the sheets pertaining only to utilities
Name
Title
RMA-CR 00231
(This must be signed by the Chief Financial Officer, Comptroller, Auditor or Registered Munici-
pal Accountant.)
NOTE:
When removing the utility sheets, please be sure to refasten the "index" sheet (the last sheet
in the statement) in order to provide a protective cover sheet to the back of the document.
MUNICIPAL CERTIFICATION OF TAXABLE PROPERTY AS OF OCTOBER 1, 2014
Certification is hereby made that the Net Valuation Taxable of property liable to taxation for
the tax year 2015 and filed with the County Board of Taxation on January 10, 2015 in accordance
with the requirement of N.J.S.A. 54:4-35, was in the amount of
$
wlh m
W
78,132,706
SIGNATURE OF TAX ASSESSOR
City of Port Republic
MUNICIPALITY
Sheet 2
Atlantic
COUNTY
NOTE THAT A TRIAL BALANCE IS REQUIRED AND NOT A BALANCE SHEET
POST CLOSING
TRIAL BALANCE - CURRENT FUND
AS AT DECEMBER 31, 2014
Cash Liabilities Must be Subtotaled and Subtotal Must be Marked With "C" - Taxes Receivable Must Be Subtotaled
Cash & Investments
Title of Account
NJDEP Receivable
Property Taxes Receivable:
2014
75,400
Prior
Subtotal
Debit
Credit
1,275,549
75,400
Tax Title Lien Receivables
2,098
Property Acquired for Taxes
923,101
Due From State- Veterans and Senior Citizens
Property Deeded to City
386,300
Revenue Accounts Receivable
1,249
Interfunds:
Due from Trust Fund
4,442
Due From Open Space Trust
Due From Dog
2,043
Due From Federal and State Grant Fund
54,336
Special Emergency
Overexpenditure
Deferred School Tax
Totals
38,227
460,000
3,222,745
(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, 2014
Cash Liabilities Must be Subtotaled and Subtotal Must be Marked With "C" - Taxes Receivable Must Be Subtotaled
Title of Account
Appropriation Reserves
Encumbrances Payable
Prepaid Taxes
Emergency Note - NJDEP
Due to State of New Jersey For
Marriage Licenses
DCA
Debit
Credit
93,193
18,768
53,059
Veterans and Senior Citizens
13,780
DOT
Tax Overpayments
Added County Tax Payable
Local School Tax Payable
18
3,524
234,482
Interfunds:
Due to General Capital
29,475
Due to Open Space
12,409
Reserve for Gravel
126,500
Reserve for Tax Map
5,800
Reserve for Receivables
Fund Balance
Deferred School Tax Payable
591,008
"C"
1,448,969
722,768
460,000
3,222,745
3,222,745
(Do not crowd - add additional sheets)
Sheet 3a
NOTE THAT A TRIAL BALANCE IS REQUIRED AND NOT A BALANCE SHEET
POST CLOSING
TRIAL BALANCE - SUMMARY CURRENT FUND AND
STATE FEDERAL GRANTS
AS AT DECEMBER 31, 2014
Title of Account
Debit
Credit
Cash
85001
1,279,551
NJ-DEP Receivable
0
Taxes Receivable
85002
75,400
Tax Title Liens
85003
2,098
Foreclosed Property
85004
1,309,401
Other Receivables
85007
62,070
State and Federal Grants Receivable
85006
342,457
Emergencies and Deferred Charges
85005
38,227
Special Emergencies
Deferred School Tax
Total Assets
Cash Liabilities
Reserve for Receivables
Unappropriated Reserves
Fund Balance
Deferred School Tax Payable
Total Liabilities, Reserves and Fund Balance
460,000
85008
3,569,204
85009
85010
645,344
1,740,910
182
85011
722,768
460,000
85012
3,569,204
Sheet 3b
POST CLOSING
TRIAL BALANCE - PUBLIC ASSISTANCE FUND
Accounts #1 and #2*
AS AT DECEMBER 31, 2014
Title of Account
Not Applicable
Debit
Credit
(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
POST CLOSING TRIAL BALANCE -
FEDERAL AND STATE GRANTS
AS AT DECEMBER 31, 2014
Title of Account
Cash
State Grants Receivable
Encumbrances Payable
Interfunds:
Due To Current Fund
Appropriated Reserves
Unappropriated Reserves
Debit
4,002
342,457
Credit
54.336
291,941
182
Totals
346,459
346,459
(Do not crowd - add additional sheets)
Sheet 5
POST CLOSING
TRIAL BALANCE - TRUST FUNDS
(Assessment Section Must be Separately Stated)
AS AT DECEMBER 31, 2014
Title of Account
Dog License Trust Fund
Debit
Credit
Cash
3,059
Due From State of N.J. Fees
34
Due From Current Fund
2,043
Reserve for Dog Expenditures
1,050
Totals-Dog Trust
3.093
3,093
Other Trusts:
Cash & Investments
Investments Held for LOSAP
170,855
137,470
Interfunds:
Due To/From Current
7,967
Due To/From Grant
Reserves:
Recycling
Landfill Closure End
Unemployment Compensation Fund
Planning Board Escrow
Special Planning Board
2,743
451
4,373
46
Municpial Open Spaces
LOSAP
Celebration
Gravel
AC Electric
Quality Properties
Historical
Recreation
Tax Title Lien Redemption
87,210
137,470
181
75,411
1,541
5,453
1,171
242
Totals
316.292
316,292
(Do not crowd - add additional sheets)
Sheet 6
MUNICIPAL PUBLIC DEFENDER
CERTIFICATION
Public Law 1998, С. 256
Municipal Public Defender Expended Prior Year 2013:
(1) $
X
25%
(2)
$
Not Applicable
Municipal Public Befen
Balance December 31, 2014:
(3)
$
Note: If the amount of money in a dedicated fund established pursuant to this section exceeds by more than 25%
the amount which the municipality expended during the prior year providing the services of a municipal public
defender, the amount in excess of the amount expended shall be forwarded to the Criminal Disposition and
Review Collection Fund administered by the Victims of Crime Compensation Board (P.O. Box 084,
Trenton, N.J. 08625).
Amount in excess of the amount expended: 3-(1+2) =
$
The undersigned certifies that the municipality has complied
as required under Public Law 1998, C. 256.
with the regulations governing Municipal Public Defender
Chief Financial Officer:
Signature:
Certificate #:
Date:
Sheet 6a
Amount
Schedule of Trust Fund Reserves
Dec. 31, 2013
Receipts
Disbursements
Balance
Purpose
Dec. 31, 2014
per Audit
as at
Report
1. Sanitary Landfill
$
451
451
2. Unemployment Comp.
3,152
1,221
4,373
3. Planning Board
46
8,199
8,199
46
4. Recycling
2,732
11
2,743
5. LOSAP
137,470
137,470
6. Dog
1,027
440
417
1,050
7. Celebration
181
20
20
181
8. Muni Open Space
71,360
15,850
87,210
9. TTL Redemption
10. Recreation
242
567
567
242
11. Gravel
75,099
312
75,411
12. Historical
3,141
1,970
1,171
13. AC Electric
1,541
1,541
14. Quality Properties
5,453
5,453
15.
16.
17.
18.
19.
20.
21.
22.
23.
|||||||||
24.
25.
26.
27.
28.
29.
30.
Totals:
$
291,760 $
36,755 $
11,173 $
317,342
Sheet 6b
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:
Audit
Balance
Dec. 31, 2013
XXXXX
Sheet 7
RECEIPTS
Assessments
and Liens
Current
Budget
Disbursements
Balance
Dec. 31, 2014
XX
XXXXX
XX
XXXXX
XX
XXXXX
XX
XXXXX
XX
XXXXX
XX
XXXXX
XX
XXXXX
XX
Not Applicable
Assessment Bond Anticipation Note Issues:
XXXXX
XX
XXXXX
XX
XXXXX XX XXXXX XX
XXXXX
XX
XXXXX XX
XXXXX
XX
XXXXX
XX
Other Liabilities
Trust Surplus
*Less Assets "Unfinanced"
*Show as a red figure
XXXXX
XX
XXXXX
XX
XXXXX
XX
XXXXX
XX
XXXXX
XX
XXXXX
XX
XXXXX
XX
XXXXX
XX
POST CLOSING
TRIAL BALANCE - GENERAL CAPITAL FUND
AS AT DECEMBER 31, 2014
Title of Account
Debit
Credit
Est. Proceeds Bonds and Notes Authorized
36,249
XXXXXXXX XX
Bonds and Notes Authorized but Not Issued
XXXXXXXX XX
36,249
Cash & Investments
9,172
Deferred Charges to Future Taxation:
Funded
Unfunded
General Serial Bonds
School Serial Bonds
Bond Anticipation Notes Payable
Due From Current Fund
Improvement Authorizations:
Funded
Unfunded
Encumbrances Payable
Capital Improvement Fund
Fund Balance
1,176,924
1,140,675
29,475
9,773
10,704
22,048
2,454
29,917
1,251,820
1,251,820
Totals
(Do not crowd - add additional sheets)
Sheet 8
CASH RECONCILIATION DECEMBER 31, 2014
Current
Trust Assessment
Trust - Dog License
Trust - Other
Capital - General
Grant
Water - Operating
Water - Capital
Utility Assessment Trust
Public Assistance **
Total
*- Include Deposits In Transit
Cash
*On Hand
On Deposit
Less Checks
Outstanding
Cash Book
Balance
30,088
1,416,832
171,371
1,275.549
3.059
171,630
775
9,000
172
4,002
39,088
1,595,695
172,146
3,059
170,855
9,172
4,002
1,462,637
** - 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, 2014.
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, 2014.
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:
Title: RMA #CR 00231
Sheet 9
CASH RECONCILIATION DECEMBER 31, 2014 (cont'd)
LIST BANKS AND AMOUNTS SUPPORTING "CASH ON DEPOSIT"
Cape Savings
Current Fund Checking
1,402.981
Payroll
13,670
Board of Election Clerk Account
57-100054-6
181
Dog Trust
57-100052-0
3,059
Tax Title Lien Redemption Account
57-100068-6
226
General Capital Savings
57-100046-2
172
Sanitary Landfill
57-100066-0
464
Recycling
57-100064-5
2,732
NJ Unemployment
57-100058-7
7,119
Escrow Disbursement
57-1000070-2
2,287
Celebration Account
57-100048-8
182
Open Space
57-100056-1
74,801
Recreation Account
57-100062-9
243
Gravel
57-100064-5
75.411
Historical
1,171
Clean Communities
4,002
AC Electric Escrow
1.541
Quality Properties Escrow
5.453
Total
1,595,695
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
MUNICIPALITIES AND COUNTIES
FEDERAL AND STATE GRANTS RECEIVABLE
Balance
2014 Budget
Received
Cancelled
Grant
Jan. 1, 2014
Revenue
Balance
Dec. 31, 2014
Realized
NJ DOT Church
88,384
88,384
NJ DOT Mill Road
7,088
7,088
Community Development Block Grant
8,600
8,600
HAVA Grant
8,575
8,575
Municipal Alliance
9,265
13,927
13,927
9,265
Wetlands Preservation Park
6,508
6,508
Clean Community
4,000
4,000
Recycling
Alcohol Education Rehabilitation
177
177
County Open Space
61,804
61,804
Sheet 10
County Open Space 9
County Open Space 6
2,983
County Open Space 8
147,545
DEP Storm Water
1,705
Coincast
10,000
10,000
2,983
147,545
1,705
Totals
342,457
28,104
28,104
342,457
SCHEDULE OF APPROPRIATED RESERVES FOR
FEDERAL AND STATE GRANTS
Expended
Cancel
Cancel Prior
Encumbrance
Balance
Dec. 31, 2014
Transferred from 2014
Balance
Budget Appropriations
Grant
Jan. 1, 2014
Budget
Appropriation
By 40A:4-87
Clean Communities
4,000
3,992
Municipal Alliance
13,253
13,927
12,582
Municipal Alliance-Local Share
16,361
2,460
Recycling Tonnage
6,180
1,548
Sheet 11
County Open Space 3 & 4
30,993
County Open Space 9
139,625
HAVA Grant
8,575
Community Development Block Grant
7,075
8
14,598
18,821
7,728
30,993
139,625
8,575
7,075
DEP Storm Grant
4,444
4,444
Comcast Technology Grant
10,000
6,941
3,059
Alcohol Education Rehabilition
3,963
2,277
177
6,417
NJ DOT Mill Road
7,088
7,088
NJ DOT Church.
43,510
43,510
Totals
281,067
6,285
28,104
23,515
291,941
SCHEDULE OF APPROPRIATED RESERVES FOR
Sheet 11a
Grant
County Open Space 3 & 4
FEDERAL AND STATE GRANTS (cont.)
Transferred from 2014
Balance
Jan. 1, 2014
Budget Appropriations
Budget
Appropriation
By 40A:4-87
Expended
Cancel
Cancel Prior
Encumbrance
Balance
Dec. 31, 2014
Totals
562,134
12,570
56,208
47,030
583,882
County Open Space 9
SCHEDULE OF UNAPPROPRIATED RESERVES FOR
FEDERAL AND STATE GRANTS
Transferred from 2014
Budget Appropriations
Received
Balance
Grant
Jan. 1, 2014
Budget
Alcohol Education Rehab
2,277
2,277
Recycling Tonnage
1,548
1,548
Sheet 12
Appropriation
By 40A:4-87
182
Balance
Dec. 31, 2014
182
Totals
3,825
3,825
182
182
*LOCAL DISTRICT SCHOOL TAX
Debit
Balance - January 1, 2014
XXXXXXXX XX XXXXXXXX XX
School Tax Payable #
85001-00 XXXXXXXX XX
313,293
School Tax Deferred
(Not in excess of 50% of Levy - 2013 - 2014)
85002-00 XXXXXXXX XX
460,000
Levy School Year July 1, 2014 - June 30, 2015
XXXXXXXX XX
1,666,762
Levy Calendar Year 2014
Paid
XXXXXXXX XX
1,745,573
XXXXXXXX XX
Balance December 31, 2014
XXXXXXXX XX XXXXXXXX XX
School Tax Payable #
School Tax Deferred
(Not in excess of 50% of Levy-2014-2015)
Credit
85003-00
234,482
XXXXXXXX XX
85004-00
460,000
XXXXXXXX XX
* Not including Type 1 school debt service, emergency authorizations-schools, transfer to
2,440,055
2,440,055
Board of Education for use of local schools
# Must include unpaid requisitions
MUNICIPAL OPEN SPACE TAX
Balance January 1, 2014
2014 Levy
Interest Earned
Expenditures
Debit
Credit
85045-00 XXXXXXXX XX
55,449
85105-00 XXXXXXXX XX
15,540
XXXXXXXX XX
371
XXXXXXXX XX
Balance - December 31, 2014
85046-00
71.360
XXXXXXXX XX
71,360
71,360
Sheet 13
REGIONAL SCHOOL TAX
(Provide a separate statement for each Regional District involved)
Debit
Credit
Balance - January 1, 2014
School Tax Payable #
School Tax Deferred
(Not in excess of 50% of Levy-2013-2019
Levy School Year July 1, 2
Levy Calendar Year 2014
XX XXXXXXXX XX XXXXXXXX
85031-00 XXXXXXXX XX
Not Applicable2-00
XX XXXXXXXX
XXXXXXXX XX
Paid
Balance December 31, 2014
School Tax Payable #
School Tax Deferred
85033-00
(Not in excess of 50% of Levy - 2014-2015) 85034-00
# Must include unpaid requisitions
XX XXXXXXXX
XX XXXXXXXX XX XXXXXXXX
XX XXXXXXXX
XX XXXXXXXX
REGIONAL HIGH SCHOOL TAX
Debit
XX XXXXXXXX
Credit
Balance - January 1, 2014
School Tax Payable #
School Tax Deferred
XXXXXXXX XX XXXXXXXX XX
85041-00 XXXXXXXX XX
(Not in excess of 50% of Levy - 2013-2014) 85042-00 XXXXXXXX XX
Levy School Year July 1, 2014 - June 30, 2015
Levy Calendar Year 2014
Paid
Balance December 31, 2014
Not Applicable
School Tax Payable #
School Tax Deferred
85043-00
(Not in excess of 50% of Levy - 2014-2015) 85044-00
XX XXXXXXXX
XX XXXXXXXX XX XXXXXXXX
XX XXXXXXXX
XX XXXXXXXX
XX XXXXXXXX
XXXXXXXX XX
# Must include unpaid requisitions
Sheet 14
Balance - January 1, 2014
COUNTY TAXES PAYABLE
Debit
Credit
XXXXXXXX XX XXXXXXXX XX
County Taxes
80003-01
XXXXXXXX XX
Due County for Added and Omitted Taxes 80003-02
XXXXXXXX XX
182
2014 Levy
XXXXXXXX XX XXXXXXXX XX
General