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Rockaway (Morris)Green Risk

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2022 Introduced Budget

BID #: N/A

ISSUED: 3/10/2022

DUE: 4/14/2022

VALUE: $9,601,957.30

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Executive Summary

This document outlines the 2022 Municipal Budget for the Borough of Rockaway, Morris County, New Jersey. It details the anticipated revenues and appropriations for both the General Fund and the Dedicated Water Utility Budget. Key financial summaries include total general revenues and appropriations of $9,601,957.30, and total water utility revenues and appropriations of $2,309,222.00. The budget also provides a breakdown of operating expenses, capital improvements, debt service, and staffing levels for the respective funds. The budget and tax resolution were approved by the Council Members on March 10, 2022. A public hearing is scheduled for April 14, 2022, at 6:30 PM at the Borough of Rockaway Community Center, where taxpayers and interested parties can present objections. Copies of the budget are available for review at the Municipal Clerk's office during business hours.

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Document Text

--- Document: 2022 Introduced Budget Document ---
2022  Municipal  Budget 
of the 
BOROUGH 
of 
ROCKAWAY 
  County of 
  
MORRIS 
  
for the fiscal year 2022. 
Revenue and Appropriations Summaries 
  
  
    
  
    
  
  
  
  
  
  
Summary of Revenues 
Anticipated 
  
  
  
    
  
    
  
2022 
  
2021 
  
  
1. 
Surplus 
  
  
  
  
  
550,000.00 
  
775,000.00 
  
  
2. 
Total Miscellaneous Revenues 
  
  
  
1,622,002.01 
  
1,959,967.06 
  
  
3. 
Receipts from Delinquent Taxes 
  
  
  
200,000.00 
  
265,000.00 
  
  
4. 
a) Local Tax for Municipal Purposes 
  
  
  
6,943,535.29 
  
6,795,480.96 
  
  
  
b) Addition to Local School District Tax 
  
  
  
0.00 
  
0.00 
  
  
  
c) Minimum Library Tax 
  
  
  
  
  
286,420.00 
  
282,140.04 
  
  
  
             Tot Amt to be Rsd by Taxes for Sup of Muni Bnd 
  
  
  
7,229,955.29 
  
7,077,621.00 
  
  
                                  Total General Revenues 
  
  
  
9,601,957.30 
  
10,077,588.06 
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
Summary of Appropriations 
2022 Budget 
  
Final 2021 
Budget 
  
  
1. 
Operating Expenses:  
Salaries & Wages 
  
  
  
3,488,008.68 
  
3,313,572.00 
  
  
  
  
  
Other Expenses 
  
  
  
3,619,225.26 
  
4,033,391.96 
  
  
2. 
Deferred Charges & Other Appropriations 
  
  
  
898,064.00 
  
835,072.00 
  
  
3. 
Capital Improvements 
  
  
  
  
  
562,050.00 
  
484,400.00 
  
  
4.  
Debt Service (Include for School Purposes) 
  
  
  
514,609.36 
  
906,152.10 
  
  
5. 
Reserve for Uncollected Taxes 
  
  
  
520,000.00 
  
505,000.00 
  
  
  
                       Total General Appropriations 
  
  
  
9,601,957.30 
  
10,077,588.06 
  
  
Total Number of Employees 
  
  
  
  
  
66 
  
61 
  
  
  
  
    
  
    
  
  
  
  
  
  
  
  
    
  
    
  
  
  
  
  
  
  
  
  
2022 
Dedicated 
Water 
  
Utility Budget 
  
  
  
  
Summary of Revenues 
Anticipated 
  
  
  
  
  
  
  
  
  
2022 
  
2021 
  
  
1. 
Surplus 
  
  
  
  
  
250,000.00   
203,500.00 
  
  
2. 
Miscellaneous 
Revenues 
  
  
  
  
  
  
2,059,222.00   
2,162,500.00 
  
  
3. 
Deficit  (General Budget) 
  
  
  
  
  
  
  
  
  
  
  
  
                     Total 
Revenues 
  
  
  
  
  
  
2,309,222.00   
2,366,000.00 
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
Summary of Appropriations 
2022 Budget 
  
Final 2021 
Budget 
  
  
1. 
Operating Expenses: 
Salaries & Wages 
  
  
  
584,300.00   
603,200.00 
  
  
  
  
  
Other Expenses 
  
  
  
1,003,645.00   
1,081,800.00 
  
  
2. 
Capital Improvements 
  
  
  
  
  
283,000.00   
240,000.00 
  
  


3. 
Debt Service 
  
  
  
  
  
346,777.00   
352,500.00 
  
  
4. 
Deferred Charges & Other Appropriations 
  
  
  
91,500.00   
88,500.00 
  
  
5. 
Surplus  (General Budget) 
  
  
  
  
  
  
  
  
  
                               Total Appropriations 
  
  
  
2,309,222.00   
2,366,000.00 
  
  
Total Number of Employees 
  
  
  
  
  
8 
  
8 
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
Balance of Outstanding Debt 
  
  
  
    
General 
    
  
Water 
  
0 
  
  
Interest  
  
  
219,609.36     
  
146,777.00   
0.00 
  
  
Principal 
  
  
295,000.00     
  
200,000.00   
0.00 
  
  
Outstanding Balance 
  
5,513,227.00     
  
4,635,000.00   
0.00 
  
  
  
  
    
  
    
  
  
  
  
  
  
Notice is hereby given that the budget and tax resolution was approved by the 
COUNCIL MEMBERS 
of the 
BOROUGH 
of 
ROCKAWAY 
, County of 
MORRIS 
on 
March 10, 
  
, 2022. 
A hearing on the budget and tax resolution will be held at 
Borough of Rockaway Community 
Center 
, on 
April 14, 
, 2022 at 
6:30  
o'clock PM at which time and place 
objections to the Budget and Tax Resolution for the year 2022 may be presented by taxpayers or 
other interested parties. 
Copies of the budget are available in the office of  
Municipal Clerk 
at 
the Municipal Building, 
1 East Main Street 
New Jersey, 
Monday - Friday 
during the 
hours of 
  
8:30 AM 
to 
4:30 PM 
.

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2022 Introduced Budget Document

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First Discovered

Apr 28, 2026

Last Info Update

Apr 30, 2026

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