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Rockaway (City)Green Risk

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2023 User Friendly Budget

BID #: N/A

DUE: 12/31/2023

VALUE: $26,064,700.51

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Executive Summary

This is the 2023 Municipal User Friendly Budget document for Rockaway Borough, located in Morris County, New Jersey. It details the municipality's financial information, including property tax levies, anticipated revenue, appropriations, and outstanding debt. Key data includes the municipal purpose tax levy of $7,070,647.04, a regional school district levy of $6,844,260.18 and an estimated total amount to be raised by taxes of $26,064,700.51. The document also presents budgeted personnel costs, health benefits information, and structural budget imbalances.

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Document Text

--- Document: 2023 User Friendly Budget Document ---
SEAL OF THE STATE OF
THE
NEW
JERSEY
Year:
State of New Jersey
Local Government Services
2023 Municipal User Friendly Budget
MUNICIPALITY: 1434 Rockaway Borough - County of Morris
Adopted
Municode: 1434
Filename: 1434 fba 2023.xlsm
Website: www.rockawayborough.org
Phone Number:
973-627-2000
Mailing Address:
1 East Main Street
Mayor
First Name
Middle Name
Last Name
Thomas
Mulligan
Municipality: Rockaway
State: NJ Zip: 07866
Term Expires
Business Email
12/31/2023
mayormulligan@rockawayborough.org
Chief Administrative Officer
Thomas
Mulligan
Chief Financial Officer
Patricia
Reiche
mayormulligan@rockawayborough.org
cfo@rockawayborough.org
Municipal Clerk
Kimberly
Cuspilich
boroughclerk@rockawayborough.org
Registered Municipal Accountant
Kathryn
L
Mantell
kmantell@nisivoccia.com
Governing Body Members
First Name
Middle Name
Melissa
Thomas
James
Patrick
Thomas
Robert
Last Name
Term Expires
Business Email
Burnside
12/31/2023
council3@rockawayborough.org
Haynes
12/31/2024
haynesrb@rockawayborough.org
Hurley
12/31/2024
hurleyrb@rockawayborough.org
McDonald
12/31/2023
mcdonaldrb@rockawayborough.org
Slockbower
12/31/2025
slockbowerrb@rockawayborough.org
Smith
12/31/2025
council6@rockawayborough.org
USER FRIENDLY BUDGET SECTION - PROPERTY TAX BREAKDOWN
2022 Calendar Year Property Tax Levies - ALL entities levying property taxes
Current Year 2023 Budget
Calendar Year
Calendar Year
% of
Avg Residential
Taxes
Actual/Estimated
Tax Levy
Tax Rate
Tax Levy
Total Levy
Taxpayer Impact
Municipal Purpose Tax
0.877
$6,943,535.29
27.17%
$2,657.41
Municipal Purpose Tax
ACTUAL
Municipal Library
0.036
$286,420.00
1.12%
$109.08
Municipal Library
ACTUAL
$7,070,647.04
$303,277.00
Municipal Open Space
0.00%
$0.00
Municipal Open Space
Municipal Arts and Culture
0.00%
$0.00
Municipal Arts and Culture
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
1.186
$9,385,515.00
36.73%
$3,593.71
Local School District
ESTIMATED
$9,573,225.30
Regional School District
0.848
$6,710,059.00
26.26%
$2,569.53
Regional School District
ESTIMATED
$6,844,260.18
County Purposes
0.275
$2,174,411.94
8.51%
$833.28
County Purposes
ESTIMATED
County Library
0.00%
$0.00
County Library
County Board of Health
0.00%
$0.00
County Board of Health
County Open Space
0.007
$54,304.72
0.21%
$21.21
County Open Space
ESTIMATED
$55,390.80
Other County Levies (total)
0.00%
$0.00
Other County Levies (total)
$2,217,900.19
Total (Calendar Year 2022 Budget)
Total Taxable Valuation as of
(To be used to calculate the current year tax rate)
3.229
$25,554,245.95
October 1, 2022
$792,615,400.00
Current Year Average Residential Assessment
$303,011.00
100.00%
$9,784.23
Total ESTIMATED amount to be raised by taxes
$26,064,700.51
Revenue Anticipated, Excluding Tax Levy
2,606,975.96
Budget Appropriations, before Reserve for Uncollected Taxes
9,435,900.00
Total Non-Municipal Tax Levy
$18,690,776.47
Amount to be Raised by Taxes - Before RUT
$25,519,700.51
Prior Year
$6,943,535.29
$ Change (+/-)
$127,111.75
Prior Year to Current Year Comparison
Comparison - Municipal Purposes Tax Rate
Prior Year
0.877
Current Year % Change (+/-)
1.71%
0.892
Comparison - Municipal Purposes Tax Levy
Current Year
% Change (+/-)
1.83%
$7,070,647.04
Tax Collections - ACTUAL as of Prior Year
Total Tax Revenue, Collections CY 2022
Comparison - Impact on Avg. Residential Tax Payment (Municipal Purposes Onl Total Tax Levy, CY 2022
Prior Year
Current Year
$2,657.41
$2,702.86
% Change (+/-)
1.71%
$ Change (+/-)
% of Taxes Collected, CY 2022
$45.45
Delinquent Taxes - December 31, 2022
Sheet UFB-1
25,223,881.99
25,611,852.30
98.49%
$239,860.23
Reserve for Uncollected Taxes (RUT)
$545,000.00
Total Amount to be Raised by Taxes
$26,064,700.51
% of Tax Collections used to Calculate RUT
97.90%
If% used exceeds the actual collection % then
reference the statutory exception used
USER FRIENDLY BUDGET SECTION - ANTICIPATED REVENUE SUMMARY (ALL OPERATING FUNDS)
FCOA
% Difference
Current vs.
Prior Year
Total Realized
Revenue (Prior
Year)
Total Anticipated
Revenue (Current
Year)
$ Difference
Current vs. Prior
General
Budget
Open Space
Budget
Arts and Culture
Trust Fund
Water
Utility
Utility
Utility
Utility
Utility
08
Surplus
3.13%
$800,000.00
$825,000.00
$25,000.00
$575,000.00
08
Local Revenue
977.97%
$203,226.91
$2,190,719.00
$1,987,492.09
$2,000,000,00
09
State Aid (without offsetting appropriation)
5.91%
$32,314.38
$546,995.00
$579,309.38
$579,309.38
08
Uniform Construction Code Fees
-3.12%
($4,028.00)
$129,028.00
$125,000.00
$125,000.00
Special Revenue Items w/ Prior Written Consent
11
Shared Services Agreements
10.71%
$7,500.00
$70,000.00
$77,500.00
$77,500.00
08
Additional Revenue Offset by Appropriations
#DIV/0!
$0.00
$0.00
10
Public and Private Revenue
-89.94%
($340,943.63)
$379,077.11
$38,133.48
$38,133.48
08
Other Special Items
7.39%
$56,540.07
$764,774.03
$821,314.10
$821,314.10
15
Receipts from Delinquent Taxes
-0.50%
($1,011.04)
$201,011.04
$200,000.00
$200,000.00
Amount to be raised by taxation
07
Local Tax for Municipal Purposes
-0.81%
($57,676.03)
$7,128,323.07
$7,070,647.04 $7,070,647.04
07
Minimum Library Tax
5.89%
$16,857.00
$286,420.00
$303,277.00
$303,277.00
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
16.39%
$1,722,044.84
$10,508,855.16
$12,230,900.00
$9,980,900.00
$0.00
$0.00
$2,250,000.00
$0.00
$0.00
$0.00
$0.00
Sheet UFB-2
FCOA
Budgeted Positions
Full-Time Part-Time % Difference
Current vs.
Prior Year
USER FRIENDLY BUDGET SECTION-APPROPRIATIONS SUMMARY (ALL OPERATING FUNDS)
Total Modified
Appropriation
for Service Type
(Prior Year)
Total
S Difference
Current v. Prior
Year
Appropriation for
Service Type
(Current Year)
General
Budget
Public & Private
Offsets
Open Space
Budget
Arts and Culture
Trust Fund
Water
Utility
Utility
Utility
Utility
Utility
20
General Government
6.00
8.00
146.68%
$1,369,324.07
$933,566.93
$2,302,891.00
$614,880.00
$1,688,011.0
21
Land-Use Administration
-11.72%
($8,850.00)
$75,500.00
$66,650.00
$66,650.00
22
Uniform Construction Code
1.00
4.00
0.43%
$340.00
$79,600.00
$79,940.00
$79,940.00
23
Insurance
12.28%
$101,704.00
$828,046.00
$929,750.00
$929,750.00
25
Public Safety
16.00
14.00
4.04%
$108,722.79 $2,689,465.94
$2,798,188.73
$2,776,325.00
$21,863.73
26
Public Works
13.00
2.00
7.31%
$88,929.83 $1,217,045.17
$1,305,975.00
$1,288,650.00
$17,325.00
27
Health and Human Services
6.65%
$10,158.00
$152,652.00
$162,810.00
$162,810.00
28
Parks and Recreation
1,00
6.72%
$11,412,00
$169,808.00
$181,220.00
$181,220.00
29
Education (including Library)
1.00
6.00
5.89%
$16,857.00
$286,420.00
$303,277.00
$303,277.00
30
Unclassified
190.42%
$26,087.17
$13,700.00
$39,787.17
$39,787.17
31
Utilities and Bulk Purchases
0.46%
$1,000.00
$219,000.00
$220,000.00
$220,000.00
32
Landfill / Solid Waste Disposal
1.00
31.57%
$200,450.00
$635,000.00
$835,450.00
$835,450.00
35
Contingency
0.00%
$0.00
$500.00
$500.00
$500.00
36
Statutory Expenditures
12.81%
$115,074.00
$898,064.00
$1,013,138.00
$919,358.00
$93,780.00
37
Judgements
#DIV/0!
$0.00
$0.00
$0.00
$0.00
42
Shared Services
10.17%
$15,000.00
$147,500.00
$162,500.00
$162,500.00
43
Court and Public Defender
#DIV/0!
$0.00
$0.00
$0.00
44
Capital
-28.05%
($157,650.00)
$562,050.00
$404,400.00
$200,400.00
45
Debt
85.95%
$442,313.74
$514,609.36
$956,923.10
$615,214.10
$204,000.00
$341,709.00
46
Deferred Charges
#DIV/0!
$0.00
$0.00
$0.00
48
Debt-Type 1 School District
#DIV/0!
$0.00
$0.00
$0.00
50
Reserve for Uncollected Taxes
4.81%
$25,000.00
$520,000.00
$545,000.00
$545,000.00
55
Surplus General Budget
#DIV/0!
$0.00
$0.00
$0.00
Total
38.00
35.00
23.80%
$2,365,872,60
$9,942,527.40
$12,308,400.00
$9,941,711.27
$39,188.73
$0.00
$0.00
$2,327,500.00
$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, 2022 Value)
Property Tax Assessments - Exempt Properties (October 1, 2022 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
4C Apartments
5A/5B Railroad
56
$5,978,300.00
0.75%
15A Public Schools
3
$28,332,200.00
40.42%
1,887
$571,783,200.00
72.14%
15B Other Schools
1
$1,937,700.00
2.76%
0.00%
15C Public Property
56
$12,816,700.00
18.28%
181
$152,789,600.00
19.28%
15D Church and Charities
13
$20,072,800.00
28.64%
20
$36,911,200.00
4.66%
24
$25,153,100.00
3.17%
15E Cemeteries & Graveyards
15F Other Exempt
2
$1,920,000.00
2.74%
11
$5,017,400.00
7.16%
0.00%
6A/6B Business Personal Property
0.00%
Total
2,168
$792,615,400.00
100.00%
Total
86
$70,096,800.00
100.00%
Average Ratio (%), Assessed to True Value
86.99%
Equalized Valuation, Taxable Properties
$911,156,914.59
Percentage of Exempt vs.
Non-Exempt Properties
8.84%
Total # of property tax appeals filed in 2022
County Tax Board
3.00
State Tax Court
17.00
Number of 2022 County Tax Board decisions appealed to Tax Court
0.00
Number of pending property tax appeals in State Tax Court
19.00
Amount paid out by municipality for tax appeals in 2022
$0.00
Prior Budget Year's Payments in Lieu of Tax (PILOT) - 5 Year Exemptions/Abatements
PILOT
# of
Parcels
G
Commercial/Industrial Exemption
N/A
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
Billing/Revenue
Assessed Value
Taxes if Billed in Full
2022 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 Liew 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
Prior Budget Year's Pavtuents in Lieu of Tas (PILOT) - Long Term Tax Exeruptions
Type of Project
Taves if Billed
Project
Name
(use drop-dow
for data entry)
In Full
PILOT Billing Assessed Value 2022 Total Tax Rate
Project
Name
Type of Project
(use drop-down
for data entry) PILOT Billing Assessed Value 2022 Total Tax Rate
Taves if Billed
In Full
Type of Project
Taxes if Billed
Project
(use drop-down
Name
for data entry)
In Fall
PILOT Billing Assessed Value 2022 Total Tax Rate
Project
Name
Type of Project
{use drop-down
for data entry)
PILOT Billing
Assessed Value
Taxes if Billed
In Full
2022 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
$0.00 Total Long Term Exemptions Column Total
Total Long Term Exemptions - GRAND TOTAL
50,00
50.00
$0.00
$0.00
$0.00
$0.00
Sheet UFB-6
Sheet UFB-6C
USER FRIENDLY BUDGET SECTION
BUDGETED PERSONNEL COSTS
# of
# of
Full-Time Part-Time
Total
Personnel
Base
Organization / Individuals Eligible for Benefit
Employees Employees
Cost
Pay
Overtime
and other
Compensation
Pension
(Estimate)
Net of
Cost Share
Health Benefits
Employment
Taxes and
Other Benefits
Governing Body
7.00
50,555.34
$45,689.42
$1,370.68
$3,495.24
Supervisory Staff (Department Heads & Managers)
8.00
1.00
1,076,054.18
$771,737.81
$123,323.70
$121,954.73
$59,037.94
Police Officers (Including Superior Officers)
14.00
2,930,134.73
$1,674,850.26
$402,250.00
$556,887.71
$271,861.43
$24,285.33
Fire Fighters (Including Superior Officers)
2.00
57,246.30
$53,178.17
$0.00
$4,068.13
All Other Union Employees not listed above
15.00
1.00
1,395,986.83
$812,868.62
$136,000.00
$129,896.41
$255,037.36
$62,184.45
All Other Non-Union Employees not listed above
1.00 24.00
375,353.80
$301,309.52
$48,149.26
$2,844.84
$23,050.18
Totals
38.00
35.00 5,885,331.19
$3,659,633.80
$538,250.00
$859,627.76
$651,698.36
$176,121.27
NO
Is the Local Government required to comply with N.J.S.A. 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
9.00
$14,325.00
$128,925.00
6.00
$11,725.44
$70,352.64
Parent & Child
3.00
$24,540.00
$73,620.00
2.00
$20,988.48
$41,976.96
Employee & Spouse (or Partner)
3.00
$28,644.00
$85,932.00
4.00
$23,450.76
$93,803.04
Family
17.00
$38,244.00
$650,148.00
18.00
$32,713.80
$588,848.40
Employee Cost Sharing Contribution (enter as negative - )
Subtotal
($185,080.00)
($192,261.01)
32.00
$753,545.00
30.00
$602,720.03
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
32.00
$753,545.00
30.00
$602,720.03
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
Gross Days of
Accumulated
Organization/Individuals Eligible for Benefit
Absence
Police
DPW - Union Employees
300.66
107.58
DPW - Non-Union
Clerical Union
Municipal Employees - Non-Union
Totals
71.08
64.90
37.96
582.18
Total Funds Reserved as of end of 2022
Total Funds Appropriated in 2023
Legal basis for benefit
(check applicable items)
Individual
Approved
Dollar Value of Compensated Labor
Local
Absences
Agreement Ordinance
Employment
Agreement
$147,989.24
X
X
$23,577.24
X
$26,994.18
X
$14,649.46
X
$9,740.16
X
$222,950.28
$225,793.66
$0.00
UFB-9 Accumulated Absence Liability
USER FRIENDLY BUDGET SECTION - OUTSTANDING DEBT; PER CAPITA AND BUDGET IMPACT
Gross
Debt
Deductions
Net
Debt
Current Year
Budget
2024
2025
All Additional Future
Budget
Budget
Years' Budgets
Local School Debt
$13,725,300.00
$13,725,300.00
$0.00 Utility Fund - Principal
$200,000.00
$210,000.00
$210,000.00
$3,815,000.00
Regional School Debt
Utility Fund Debt
Water
$1,415,774.84.
$1,415,774.84
$0.00 Utility Fund - Interest
$141,709.00
$136,329.16
$130,597.38
$957,768.30
Bond Anticipation Notes - Principal
$80,314.10
Bond Anticipation Notes - Interest
$19,900.00
$4,435,000.00
$4,435,000.00
$0.00 Bonds - Principal
$310,000.00
$320,000.00
$335,000.00
$3,785,000.00
$0.00 Bonds - Interest
$205,000.00
$192,600.00
$179,800.00
$841,200.00
$0.00 Loans & Other Debt - Principal
$0.00 Loans & Other Debt - Interest
$0.00
Total
$956,923.10
$858,929.16
$855,397.38
$9,398,968.30
Municipal Purposes
Debt Authorized (BNI)
$0.00 Total Principal
$590,314.10
$530,000.00
$545,000.00
$7,600,000.00
Notes Outstanding
$0.00 Total Interest
$366,609.00
$328,929.16
$310,397.38
$1,798,968.30
Bonds Outstanding
$5,218,227.00
$0.00
$5,218,227.00% of Total Current Year Budget
7.77%
Loans and Other Debt
$0.00
Description
Debt Not Listed Above
Total (Current Year)
$24,794,301.84
$19,576,074.84
$5,218,227.00 Total Guarantees - Governmental
Population (2020 census)
6,473
Per Capita Gross Debt
$3,830.42
Per Capita Net Debt
$806.15
3 Year Average Property Valuation
Net Debt as % of 3 Year Average Property Valuation
$871,838,239.00
0.60%
Total Guarantees Other
Total Capital/Equipment Leases
Total Other
Bond Rating
Moody's
Standard & Poors
Fitch
Rating
Year of Last Rating
Mark "X" if Municipality has no bond rating
Sheet UFB-10
X