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Executive Summary
The document is Rockaway Borough's 2021 Municipal User Friendly Budget. It outlines the borough's financial plans, including property tax levies, anticipated revenue, budgeted positions, and outstanding debt. Key components include a breakdown of property taxes across different entities, comparisons of current year versus prior year revenues and expenditures, and details on accumulated absence liability.
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--- Document: 2021 User Friendly Budget Document --- SEAL OF THE STATE OF NEW E H JERSEY Year: State of New Jersey Local Government Services 2021 Municipal User Friendly Budget MUNICIPALITY: 1434 Rockaway Borough - County of Morris Filename: 1434_fba_2021.xlsm Adopted Municode: 1434 Website: www.rockawayborough.org Phone Number: 973-627-2000 Mailing Address: 1 East Main Street Email the UFB if not using Outlook Municipality: Rockaway State: NJ Zip: 07866 Mayor First Name Middle Name Last Name Term Expires Business Email Thomas Mulligan 12/31/2023 Mayormulligan@rockawayborough.org Chief Administrative Officer Thomas Mulligan Chief Financial Officer Patricia Reiche Municipal Clerk Kimberly Cuspilich Mayormulligan@rockawayborough.org cfo@rockawayborough.org boroughclerk@rockawayborough.org Registered Municipal Accountant Kathryn L Mantell kmantell@nisivoccia.com Governing Body Members First Name Middle Name Last Name Term Expires Business Email Melissa Burnside 12/31/2023 council3@rockawayborough.org Russell Greuter 12/31/2022 greuterrb@rockawayborough.org Thomas Haynes 12/31/2021 haynesrb@rockawayborough.org James Hurley 12/31/2021 hurleyrb@rockawayborough.org Patrick McDonald 12/31/2023 mcdonaldrb@rockawayborough.org Robert Smith 12/31/2022 council6@rockawayborough.org USER FRIENDLY BUDGET SECTION - PROPERTY TAX BREAKDOWN 2020 Calendar Year Property Tax Levies - ALL entities levying property taxes Current Year 2021 Budget Calendar Year Calendar Year % of Avg Residential Taxes Actual/Estimated Tax Levy Tax Rate Tax Levy Total Levy Taxpayer Impact Municipal Purpose Tax Municipal Library 0.847 0.034 $6,686,086.42 26.95% $2,556.25 Municipal Purpose Tax ACTUAL $6,795,480.96 $272,481.93 1.10% $102.61 Municipal Open Space 0.00% $0.00 Municipal Arts and Culture 0.00% $0.00 Municipal Library Municipal Open Space Municipal Arts and Culture ACTUAL $282,140.04 Fire Districts (avg. rate/total levies) 0.00% $0.00 Fire Districts (total levies) Other Special Districts (total levies) 0.00% $0.00 Other Special Districts (total levies) Local School District 1.162 $9,155,878.00 36.91% $3,506.92 Local School District ESTIMATED $9,338,996.00 Regional School District 0.830 $6,542,544.00 26.37% $2,504.94 Regional School District ESTIMATED $6,673,395.00 County Purposes 0.265 $2,088,641.82 8.42% $799.77 County Purposes ESTIMATED $2,130,415.00 County Library 0.00% $0.00 County Library County Board of Health 0.00% $0.00 County Board of Health County Open Space 0.008 $62,033.04 0,25% $24.14 County Open Space ESTIMATED $63,274.00 Other County Levies (total) 0.00% $0.00 Other County Levies (total) Total (Calendar Year 2020 Budget) 100.00% $9,494.63 Total ESTIMATED amount to be raised by taxes 3.146 $24,807,665.21 Total Taxable Valuation as of October 1, 2020 $789,747,500.00 (To be used to calculate the current year tax rate) Current Year Average Residential Assessment $301,800.00 Prior Year to Current Year Comparison Comparison - Municipal Purposes Tax Rate Prior Year 0.847 Current Year % Change (+/-) 1.53% 0.860 Comparison - Municipal Purposes Tax Levy Current Year % Change (+/-) 1.64% Prior Year $6,686,086.42 $6,795,480.96 $25,283,701.00 Revenue Anticipated, Excluding Tax Levy 2,617,100.52 Budget Appropriations, before Reserve for Uncollected Taxes 9,189,721.52 Total Non-Municipal Tax Levy $18,206,080.00 Amount to be Raised by Taxes - Before RUT $24,778,701.00 Reserve for Uncollected Taxes (RUT) $505,687.78 Total Amount to be Raised by Taxes $25,284,388.78 % of Tax Collections used to Calculate RUT 98.00% If % used exceeds the actual collection % then reference the statutory exception used $ Change (+/-) $109,394.54 Tax Collections - ACTUAL as of Prior Year Total Tax Revenue, Collections CY 2020 Comparison - Impact on Avg. Residential Tax Payment (Municipal Purposes Onl Total Tax Levy, CY 2020 Prior Year Current Year $2,556.25 $2,595.48 % Change (+/-) 1.53% $ Change (+/-) % of Taxes Collected, CY 2020 $39.23 Delinquent Taxes - December 31, 2020 Sheet UFB-1 24,502,020.79 24,829,924.45 98.68% $185,205.03 FCOA % Difference Current vs. Prior Year USER FRIENDLY BUDGET SECTION - ANTICIPATED REVENUE SUMMARY (ALL OPERATING FUNDS) Total Anticipated Revenue (Current Year) $ Difference Current vs. Prior Total Realized Revenue (Prior Year Year) 08 Surplus -21.03% ($260,500.00) $1,239,000.00 $978,500.00 08 Local Revenue 24.42% $461,063.25 $1,888,436.75 $2,349,500.00 $775,000.00 $187,000.00 General Budget Open Space Budget Arts and Culture Trust Fund Utility Utility Utility Utility Utility $203,500.00 $2,162,500,00 09 State Aid (without offsetting appropriation) -0.18% ($999.99) $546,994.99 $545,995.00 $545,995.00 08 Uniform Construction Code Fees -25.69% ($27,652.80)$107,652.80 $80,000.00 $80,000.00 Special Revenue Items w/ Prior Written Consent 11 Shared Services Agreements 8.70% $5,000.00 $57,500.00 $62,500.00 $62,500.00 08 Additional Revenue Offset by Appropriations #DIV/0! $0.00 $0.00 10 Public and Private Revenue -37.54% ($22,003.66) $58,609.18 $36,605.52 $36,605.52 08 Other Special Items -12.70% ($96,750.15) $761,750.15 $665,000.00 $665,000.00 15 Receipts from Delinquent Taxes 10.89% $26,030.65 $238,969.35 $265,000.00 $265,000.00 Amount to be raised by taxation 07 Local Tax for Municipal Purposes 1.64% $109,394.54 $6,686,086.42 $6,795,480.96 $6,795,480.96 07 Minimum Library Tax 3.54% $9,658.11 $272,481.93 $282,140.04 $282,140.04 54 Open Space Levy Tax #DIV/0! $0.00 $0.00 56 Arts and Cultural Levy Tax #DIV/0! $0,00 $0,00 07 Addition to Local District School Tax #DIV/0! $0,00 $0.00 08 Deficit General Budget #DIV/0! $0.00 $0.00 Total 1.71% $203,239,95 $11,857,481.57 $12,060,721.52 $9,694,721.52 $0.00 $0.00 $2,366,000.00 $0.00 $0.00 $0.00 $0.00 Sheet UFB-2 FCOA Budgeted Positions Full-Time Part-Time % Difference Current v. $ Difference Current v. Prior Prior Year Year Total Modified Appropriation for Service Type (Prior Year) Total Appropriation for Service Type (Current Year) General Budget Public & Private Offsets Open Space Budget Arts and Culture Trust Fund Utility Utility Utility Utility Utility 20 General Government 5.00 9.00 266.79% $1,653,445.00 $619,750.00 $2,273,195.00 $588,195.00 $1,685,000.00 21 Land-Use Administration 37.97% $17,045,00 $44,890.00 $61,935,00 $61,935.00 22 Uniform Construction Code 1.00 5.00 -3.26% ($2,500.00) $76,800.00 $74,300.00 $74,300.00 23 Insurance -0.41% ($3,343.35) $814,084.35 $810,741.00 $810,741.00 25 Public Safety 16,00 14.00 -0.93% ($25,085.30) $2,683,000.30 $2,657,915.00 $2,637,785.00 $20,130.00 26 Public Works 13,00 3.00 -0.85% ($7,577.36) $888,779,88 $881,202.52 $863,877,00 $17,325.52 27 Health and Human Services 2.08% $3,253.00 $156,593.00 $159,846.00 $159,846.00 28 Parks and Recreation 1.00 4.87% $6,800.00 $139,600.00 $146,400.00 $146,400.00 29 Education (including Library) 1.00 6.00 3.54% $9,658.07 $272,481,93 $282,140,00 $282,140,00 30 Unclassified 7.89% $2,500.00 $31,700.00 $34,200.00 $34,200.00 31 Utilities and Bulk Purchases -0.87% ($4,000.07) $458,000.07 $454,000.00 $454,000.00 32 Landfill / Solid Waste Disposal 1,00 0.08% $500,00 $659,900,00 $660,400.00 $660,400,00 35 Contingency 0.00% $0.00 $500,00 $500.00 $500.00 36 Statutory Expenditures 17.60% $138,940.00 $789,632.00 $928,572.00 37 Judgements #DIV/0! $0.00 $0.00 $0.00 42 Shared Services 4.96% $6,970.00 $140,530,00 $147,500.00 43 Court and Public Defender #DIV/0! $0.00 $0.00 $0.00 44 Capital 142.92% $426,200.00 $298,200.00 45 Debt 14.40% $158,394,00 $1,100,081,00 $724,400.00 $1,258,475.00 $840,072.00 $147,500.00 $484,400.00 $905,975.00 $88,500.00 $0.00 $0.00 $240,000,00 $352,500,00 46 Deferred Charges #DIV/0! $0.00 $0.00 $0.00 $0.00 48 Debt Type 1 School District #DIV/0! $0.00 $0.00 $0.00 $0.00 50 Reserve for Uncollected Taxes 2.19% $10,800.00 $494,200.00 $505,000,00 $505,000.00 55 Surplus General Budget #DIV/0! $0.00 $0.00 $0.00 $0.00 Total 36.00 39.00 24.74% $2,391,998.99 $9,668,722.53 $12,060,721.52 $9,657,266.00 $37,455.52 $0.00 $0.00 $2,366,000.00 $0.00 $0.00 $0.00 $0.00 Sheet UFB-3 Revenues at Risk Non-recurring appropriation reductions Future Year Appropriation Increases Structural Imbalance Offsets NONE Line Item. Put "X" in cell to the left that corresponds to the type of imbalance. USER FRIENDLY BUDGET SECTION STRUCTURAL BUDGET IMBALANCES Sheet UFB-4 Amount Comment/Explanation ASSESSED PROPERTY VALUATIONS - EXEMPT PROPERTY - PROPERTY TAX APPEAL DATA Property Tax Assessments - Taxable Properties (October 1, 2020 Value) Property Tax Assessments - Exempt Properties (October 1, 2020 Value) # of Parcels Assessed Value % of Total # of Parcels Assessed Value % of Total 1 Vacant Land 2 Residential 3A/3B Farm 4A Commercial 4B Industrial 56 $5,622,000.00 0.71% 15A Public Schools 3 $27,306,200.00 38.65% 1,889 $570,027,400.00 72.18% 15B Other Schools 2 $4,180,100.00 5.92% 0 $0.00 0.00% 15C Public Property 56 $12,816,700.00 18.14% 179 $152,901,300.00 19.36% 15D Church and Charities 13 $20,072,800.00 28.41% 20 $36,881,200.00 4.67% 15E Cemeteries & Graveyards 2 $1,920,000.00 2.72% 5A/5B Railroad 4C Apartments 6A/6B Business Personal Property 24 $24,315,600.00 3.08% 15F Other Exempt 9 $4,354,600.00 6.16% 0 0.00% 0 0.00% Total 2,168 $789,747,500.00 100.00% Total 85 $70,650,400.00 100.00% Average Ratio (%), Assessed to True Value 93.16% Equalized Valuation, Taxable Properties $847,732,395.88 Percentage of Exempt vs. Non-Exempt Properties 8.95% Total # of property tax appeals filed in 2020 County Tax Board 11.00 State Tax Court 4.00 Number of 2020 County Tax Board decisions appealed to Tax Court 0.00 Number of pending property tax appeals in State Tax Court 19.00 $0.00 Amount paid out by municipality for tax appeals in 2020 Prior Budget Year's Payments in Lieu of Tax (PILOT) - 5 Year Exemptions/Abatements G Commercial/Industrial Exemption I Dwelling Exemption J Dwelling Abatement K New Dwelling/Conversion Exemption L New Dwelling/Conversion Abatement N Multiple Dwelling Exemption O Multiple Dwelling Abatement Total 5 Yr Exemptions/Abatements # of Parcels PILOT Billing/Revenue N/A Assessed Value Taxes if Billed in Full 2020 Total Tax Rate 0 0.00 0.00 Sheet UFB-5 0.00 USER FRIENDLY BUDGET SECTION Long Term Tax Exemptions Prior Budget Year's Payments in Lieu of Tax (PILOT) - Long Term Tax Exemptions Prior Budget Year's Pavmeats in Lieu of Tax (PILOT) - Long Term Tax Exemptions Prior Budget Year's Payments in Lieu of Tax (PILOT)-Long Term Tax Exemptions Prior Budget Year's Payments in Lieu of Tax (PILOT) - Long Term Tax Exemptions Project Nano Typo of Project (use drop-down for data entry) PILOT Billing Assessed Value 2020 Total Tax Rato Taxes if Billed In Full Project Name Type of Project (use drop-down for data entry) PILOT Billing Assessed Value 2020 Total Tax Rate Taxes if Billed In Full Type of Project Taxes if Billed Project (use drop-down Name for data entry) In Full PILOT Billing Assessed Value 2020 Total Tax Rate Project Name Type of Project (use drop-down Taxes if Billed In Full (or data entry) PILOT Billing Assessed Value 2020 Total Tax Rate NA Total Long Term Exemptions Column Total Mark "X" if Grand Total 0,00 0,00 0.00 Total Long Term Exemptions Column Total $0,00 $0,00 $0,00 Total Long Term Exemptions - Column Total $0.00 $0,00 Sheet UFB-6 $0.00 Total Long Term Exemptions - Column Total Total Long Term Exemptions - GRAND TOTAL $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Sheet UFB-6C Organization / Individuals Eligible for Benefit Employees Employees USER FRIENDLY BUDGET SECTION BUDGETED PERSONNEL COSTS # of # of Total Full-Time Part-Time Personnel Cost Overtime and other Compensation Base Pay Pension (Estimate) Health Benefits Net of Cost Share Employment Taxes and Other Benefits Governing Body Supervisory Staff (Department Heads & Managers) 7.00 7.00 2.00 Police Officers (Including Superior Officers) 14.00 45,571.76 957,259.99 2,791,028.90 $41,185.50 $1,235.57 $0.00 $3,150.69 $690,588.56 $104,347.93 $109,493.47 $52,830.02 $1,543,301.07 $397,250.00 $499,566.56 $232,848.74 $118,062.53 Fire Fighters (Including Superior Officers) 2.00 51,876.76 $48,190.21 $0.00 $0.00 $3,686.55 All Other Union Employees not listed above 14.00 2.00 1,239,487.59 $731,730.25 $131,000.00 $110,564.44 $210,215.54 $55,977.36 All Other Non-Union Employees not listed above Totals 1.00 26.00 370,149.66$288,059.54 $43,525.80 $16,527.77 $22,036.55 36.00 39.00 5,455,374.66 $3,343,055.13 $528,250.00 $759,240.29 $569,085.52 $255,743.72 NO Is the Local Government required to comply with NJSA 11A (Civil Service)? - YES or NO Note - Base Pay is the annualized rate of pay to which overtime (if eligible) and/or pension is calculated. Either calculation is fine at the discretion of the Local Unit. Overtime and other compensation is any other item that is charged as a salary and wage expense but not included in Base Pay. Sheet UFB-7 USER FRIENDLY BUDGET SECTION - HEALTH BENEFITS Current Year Current Year # of Annual Cost Prior Year # of Prior Year Annual Covered Members (Medical & Rx) Estimate per Employee Total Current Covered Members Cost per Employee Total Prior Year Year Cost (Medical & Rx) (Average) Cost Active Employees - Health Benefits - Annual Cost Single Coverage 8.00 $10,732.32 $85,858.56 7.00 $10,537.44 $73,762.08 Parent & Child 2.00 $19,210.80 $38,421.60 1.00 $18,861.96 $18,861.96 Employee & Spouse (or Partner) 4.00 $22,541.28 $90,165.12 6.00 $21,074.88 $126,449.28 Family 19.00 $29,943.12 $568,919.28 19.00 $29,399.40 $558,588.60 Employee Cost Sharing Contribution (enter as negative - ) Subtotal ($188,131.52) ($184,627.25) 33.00 $595,233.04 33.00 $593,034.67 Elected Officials - Health Benefits - Annual Cost Single Coverage $0.00 $0.00 Parent & Child $0.00 $0.00 Employee & Spouse (or Partner) $0.00 $0.00 Family $0.00 $0.00 Employee Cost Sharing Contribution (enter as negative - ) Subtotal 0.00 $0.00 0.00 $0.00 Retirees - Health Benefits - Annual Cost Single Coverage $0.00 $0.00 Parent & Child $0.00 $0.00 Employee & Spouse (or Partner) $0.00 $0.00 Family $0.00 $0.00 Employee Cost Sharing Contribution (enter as negative - ) Subtotal 0.00 $0.00 0.00 $0.00 GRAND TOTAL 33.00 $595,233.04 33.00 $593,034.67 Note - other health insurances such as dental and vision are not included in this analysis unless included in the employees total premium. Therefore, the total from this sheet may not agree with the budgeted appropriation. Is medical coverage provided by the SHBP (Yes or No)? YES Is prescription drug coverage provided by the SHBP (Yes or No)? YES Sheet UFB-8 USER FRIENDLY BUDGET SECTION ACCUMULATED ABSENCE LIABILITY Legal basis for benefit (check applicable items) Gross Days of Approved Individual Accumulated Dollar Value of Compensated Labor Local Organization/Individuals Eligible for Benefit Absence Absences Agreement Ordinance Employment Agreement Police DPW - Union Employees DPW - Non Union Municipal Employees - Union Municipal Employees - Non Union 280.43 $129,008.40 X X 99.54 $22,974.94 X X 29.33 $9,950.53 X 81.40 $17,826.30 X X 55.64 $11,046.69 X Totals 546.34 $190,806.86 Total Funds Reserved as of end of 2020 Total Funds Appropriated in 2021 $198,734.12 UFB-9 Accumulated Absence Liability USER FRIENDLY BUDGET SECTION - OUTSTANDING DEBT; PER CAPITA AND BUDGET IMPACT Gross Debt Deductions Net Debt Current Year 2022 2023 All Additional Future Budget Budget Budget Years' Budgets Local School Debt $0.00 Utility Fund - Principal $210,000.00 $120,000.00 $125,000.00 $3,140,000.00 Regional School Debt $1,693,536.93 $1,693,536.93 $0.00 Utility Fund - Interest $142,500.00 $128,050.00 $123,250.00 $1,078,950.00 Bond Anticipation Notes - Principal Utility Fund Debt Bond Anticipation Notes - Interest $20,975.00 Arts and Culture $0.00 Bonds - Principal $760,000.00 $295,000.00 $310,000.00 $4,440,000.00 10 $5,372,540.00 $5,372,540.00 $0.00 Bonds - Interest $125,000.00 $216,800.00 $205,000.00 $1,213,600.00 10 $0.00 Loans & Other Debt - Principal $0.00 10 $0.00 Loans & Other Debt - Interest $0.00 10 $0.00 10 $0.00 Total $1,258,475.00 $759,850.00 $763,250.00 $9,872,550.00 Municipal Purposes Debt Authorized $0.00 Total Principal $970,000.00 $415,000.00 $435,000.00 $7,580,000.00 Notes Outstanding $0.00 Total Interest $288,475.00 $344,850.00 $328,250.00 $2,292,550.00 Bonds Outstanding $6,917,622.00 $12,925.52 $6,904,696.48 % of Total Current Year Budget 10.43% Loans and Other Debt $0.00 Description Debt Not Listed Above Total (Current Year) $13,983,698.93 $7,079,002.45 Population (2010 census) 6,473 Per Capita Gross Debt Per Capita Net Debt 3 Yr. Average Property Valuation $2,160.31 $1,066.69 $824,131,645.33 Net Debt as % of 3 Year Avg Property Valuation 0.84% $6,904,696.48 Total Guarantees - Governmental Total Guarantees - Other Total Capital/Equipment Leases Total Other Bond Rating Moody's Standard & Poors Fitch
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Kimberly Cuspilich
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First Discovered
Apr 2, 2026
Last Info Update
Apr 2, 2026
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