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

Lead Closed

This opportunity is no longer accepting submissions.

StocktonGreen Risk

ClosedGeneral

2025 User Friendly Budget

BID #: N/A

DUE: TBD

VALUE: TBD

100

Rating

Risk Rank

Green Risk

AI-Powered Lead Insights

Executive Summary

This document is the 2025 Municipal User Friendly Budget for Stockton Borough, Hunterdon County, New Jersey. It outlines the municipality's financial plan, including property tax levies, anticipated revenues, and appropriations. The budget details property tax breakdowns, revenue summaries, appropriations summaries, structural budget imbalances, property valuations, personnel costs, health benefits, accumulated absence liability, outstanding debt, and shared services provided and received.

Web Content

Automated discovery link found on Stockton website.

Document Text

--- Document: 2025 User Friendly Budget Document ---
Year:
State of New Jersey
Local Government Services
2025 Municipal User Friendly Budget
MUNICIPALITY: 1023 Stockton Borough - County of Hunterdon
Municode: 1023
Website: www.stocktonboronitus
Filename: 1023 fbi 2025.xlsm
Phone Number:
609-397-0070
Mailing Address:
Main Street: PO Box M
Municipality: Stockton Boro
State: NJ Zip: 08559
Mayor
First Name
Middle Name
Last Name
Lipsen
Term Expires
12/31/2026-
Business Email
Chief Administrative Officer
Chief Financial Officer
Diane
Sarjero
McDanie
Municipal Clerk
Laurie
Courter
Registered Municipal Accountant
Robert
First Name
Wiliama
Peterek
Michae
Matt
Kate
Swisher
Governing Body Members
Middle Name
Last Name
Brown
Foltz
Mann
Fisher
Meltzer
Cert. Number
N-1535
C-1201
3/14/1901
Term Expires Business Email
12/31/2027
12/31/2025
12/31/2027
12/31/2027-
2 12/31/2027

Introduced
Government Type:
Select Government Type
Election Type:
Select Election Type
し
USER FRIENDLY BUDGET SECTION - PROPERTY TAX BREAKDOWN
2024 Calendar Year Property Tax Levies - ALL entities levying property taxes
Calendar Year
Calendar Year
Tax Rate
Tax Levy
% of
Total Levy
Avg Residential
Taxpayer Impact
Current Year 2025 Budget
Tax Levy
Actual Estimated
Municipal Purpose Tax
Municipal Library
Municipal Open Space
Municipal Arts and Culture
Fire Districts (avg. rate/total levies)
Other Special Districts (total levies)
Local School District
Regional School District
County Purposes
County Library
County Board of Health
County Open Space
Other County Levies (total)
Total (Calendar Year 2024 Budget)
ACTUALL
$549.589.10
ACTUAL$0.00
ACTUAL $11,619.00
Municipal Purpose Tax
Municipal Library
Municipal Open Space
Municipal Arts and Culture
Fire Districts (total levies)
Other Special Districts (total levies)
Local School District
Regional School District
County Purposes
County Library
County Board of Health
County Open Space
Other County Levies (total)
$480,918:54
$478,708,74
Total Taxable Valuation as of
October 1, 2024
$116,192,200.00-1
(To be used to calculate the current year tax rate)
1.913
0.00%
549589.110
0.000
0.000050.000
000000.000
000000.000
0.000
10881264023.000
24.74%
$2,264.29
$0.00
$47.87
$0.00
$0.00
$0.00
$0.00
$5,208.35
$1,364.32
0.02933138.930
1.49%
$138.83
0.00%
$0.00
ESTIMATED-$1,289,303.46
ESTIMATED331004,810
ESTIMATED33138.930
32231:580
0.0001
0.02832231.580
1.45%
$134.04
$0.00
ESTIMATED 33138.930
0.00%
100.00%
$2,280,025.81
Revenue Anticipated, Excluding Tax Levy
526,955.55
Budget Appropriations, before Reserve for Uncollected Taxes
953,436.22
Total Non-Municipal Tax Levy
$1,730,436.71
Amount to be Raised by Taxes - Before RUT
$2,156,917.38
Reserve for Uncollected Taxes (RUT)
$135,000.00
Prior Year to Current Year Comparison
Comparison - Municipal Purposes Tax Rate
Prior Year
0.473
Current Year % Change (+/-)
2.11%
0.483
Comparison - Municipal Purposes Tax Levy
Current Year
% Change (+/-)
0.00%
Prior Year
$549,589.11
$549,589.10
($0.01)
Comparison - Impact on Avg. Residential Tax Payment (Municipal Purposes Onl Total Tax Levy, CY 2024
Prior Year
Current Year
$2,264.29
$2,322.84
% Change (+/-)
Total Amount to be Raised by Taxes
$2,291,917.38
% of Tax Collections used to Calculate RUT
94.10%
If% used exceeds the actual collection % then
reference the statutory exception used
$ Change (+/-)
Tax Collections - ACTUAL as of Prior Year
Total Tax Revenue, Collections CY 2024
$ Change (+/-)
% of Taxes Collected, CY 2024
2.59%
$58.54
Delinquent Taxes - December 31, 2024
2,205,973.55
2,225,324-49
99.13%
$17,667.47
Sheet UFB-1
D
 し
USER FRIENDLY BUDGET SECTION-ANTICIPATED REVENUE SUMMARY (ALL OPERATING FUNDS)
FCOA
% Difference
Current vs.
Prior Year
$ Difference
Current vs. Prior
Total Realized
Total Anticipated
General
Budget
Open Space
Budget
Arts and Culture Water Sewe
Trust Fund
Utility
Utility
Utility
Utility
Utility
08
Surplus
7.65%
08
Local Revenue
26.36%
09
State Aid (without offsetting appropriation)
1.28%
08
Uniform Construction Code Fecs
#DIV/0!
Year
$19,144.56$250.255.44
$109,831.00 $416.627:00
$697.24554.413.46
$0.00$0:00
Revenue (Prior
Year)
Revenue (Current
Year)
$269,400.00 $149.400.00
$120,000,00
$$26,458.00
$91076.00 $435.382.00
Special Revenue Items w/ Prior Written Consent
11
Shared Services Agreements
#DIV/0!
08
Additional Revenue Offset by Appropriations
#DIV/0!
$0.00 $0.00
$0.00 $0.00
$55,110.40
$5511040
$0.00
$0.00
$0.00
$0.00
10
Public and Private Revenue
1654.29%
$90,723.975548418
$96,208.15 $96.208.15
08
Other Special Items
42.00%
$34,751.00 $82,750.00
15
Receipts from Delinquent Taxes
-11.70%
($2,340.00)
$20,000:00
Amount to be raised by taxation
07
Local Tax for Municipal Purposes
6.29%
$33.208.27
$528.272:40
$117,501.005117-501.003 2
$17,660.00 $17,660.00
$561,480.675561-480.67
07
Minimum Library Tax
#DIV/0!
54
Open Space Levy Tax
27.32%
56
Arts and Cultural Levy Tax
#DIV/0!
07
Addition to Local District School Tax
#DIV/0
$0.00 $0.00
$2,495.27$9134:00
$0.00 50.00
$0.00 $0.00元
$0.0050.00
$0.00
$11,629.27$11.629.27
$0.00
$0.00 TORS
08
Deficit General Budget
#DIV/0!
$0.00
Total
21.11%
$288,511.31
$1,366,936.18
$1,655,447.49
Sheet UFB-2
$1,088,436.22
$11,629.27
$0.00
$555,382.00
$0.00
$0.00
$0.00
$0.00
し
USER FRIENDLY BUDGET SECTION-APPROPRIATIONS SUMMARY (ALL OPERATING FUNDS)
J
i
C
Budgeted Positions
FCOA
Full-Time Part-Time % Difference
Current v.
Prior Year
$ Difference
Current v. Prior
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
Water/Sewer
Utility
Utility
Utility
Utility
Utility
20
General Government
30,01%
21
Land-Use Administration
5.09%
22
Uniform Construction Code
#DIV/0!
$62,687.65
$808.00
$0.00
$208,875.00
$15,885.000
$0.00
23
Insurance
1.72%
$819.00
$47,612.00
$0.00
$48,431.005483100
25
Public Safety
-24.09%
($7,300.00)
$30,300,00
26
Public Works
6.93%
$38,374.22
$553530:78
$591,905.00
27
Health and Human Services
22.51%
$230.75
$1,025.00
28
Parks and Recreation
0.04%
$10,27 $28,619.00
$1.255.75
$28,629.27
29
Education (including Library)
-100,00%
($74,031.32)$74,03132
30
Unclassified
1868.83%
31
Utilities and Bulk Purchases
-3.85%
$89,255.15 $4,776.00
($1,000.00)
$26,000,00
$271,562.653271-562.65
$16,693.00 $16,693.00
$23,000.00 $23,000.00
$0.00
$153,700,00
$1,25575
$17,000.00 $11.629.27
$94,031.15$94031015
$25,000.00 $25.000:00
$438 18:205.00
32
Landfill/Solid Waste Disposal
#DIV/01
35
Contingency
#DIV/0!
$0.00 $0.00
$0.00 $0.00
$0.00
$0.00
36
Statutory Expenditures
-18.41%
($5,026.00)$27 293.00
$22.267.00 $16,767.00
$5,500.00 15
37
Judgements
#DIV/01
$0.00 $0.00
00
42
Shared Services
33.49%
$16,016.35$47,827.00
43
Court and Public Defender
-97.68%
($8,433.00)$81633.00
44
Capital
-14.51%
($28,000.00)$193,000,00
$165,0 ,000.00
45
Debt
2.67%
$3,582,32 $134,047:00
$0.00
$63,843.3512$63.843.35
$137,6 529.32
$90,000,00
2$120,952:32
$200,000 $200.00
$75,000,00
00249915
46
Deferred Charges
181.82%
$20,000.00
$11,000,00
$31
,000.00
$11,000,00
$20,000,00
48
Debt-Type 1 School District
0.00%
$0.00
$135,000.00
50
Reserve for Uncollected Taxes
#DIV/0!
$0.00
55
Surplus General Budget
#DIV/0!
$0.00
Total
0.00
0.00
6.98%
$107,993.39
$1,547,454,10
Shee
$135.00
000,00
$0.00
$135,000,00
$0.00 02
447.49
$1,6 1,655,44
eet UR
$1,088,436,22
$0.00
$11,629.27
$0.00
$555,382.00
$0.00
$0.00
$0.00
$0.00
し
J

Revenues at Risk
Non-recurring appropriation
reductions
Future Year Appropriation Increases
Structural Imbalance Offsets
(
USER FRIENDLY BUDGET SECTION
STRUCTURAL BUDGET IMBALANCES
Line Item.
Put "X" in cell to the left that
corresponds to the type of imbalance.
Amount
Sheet UFB-4
Comment/Explanation
し
ASSESSED PROPERTY VALUATIONS - EXEMPT PROPERTY - PROPERTY TAX APPEAL DATA
Property Tax Assessments - Taxable Properties (October 1, 2024 Value)
Property Tax Assessments - Exempt Properties (October 1, 2024 Value)
し
# of Parcels
Assessed Value
% of Total
# of Parcels
Assessed Value
% of Total
$533,700,00
3.92%
1
Vacant Land
2
Residential
3A/3B Farm
4A Commercial
4B Industrial
4C Apartments
5A/5B Railroad
6A/6B Business Personal Property
Total
Average Ratio (%), Assessed to True Value
Equalized Valuation, Taxable Properties
$7,520,100.00
55.25%
15A Public Schools
15B Other Schools
0.00%
¥32
3
$2,406,700.00
17.68%
$4,500.00
0.03%
$3,145,200.00
23.11%
15C Public Property
$729,100
15
15D Church and Charities
0$0.00
0.00%
15E Cemeteries & Graveyards
15F Other Exempt
248
$116,292,700.00
100.00%
Total
95.24%
$122,104,892.90
Percentage of Exempt vs.
Non-Exempt Properties
11.70%
Total # of property tax appeals filed in 2024
County Tax Board1.00円
State Tax Court
Number of 2024 County Tax Board decisions appealed to Tax Court
Number of pending property tax appeals in State Tax Court
Amount paid out by municipality for tax appeals in 2024
$0.00
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/Revenие
0
0.00
Assessed Value
Taxes if Billed in Full
2024 Total Tax Rate
0.00
Sheet UFB-5
0.00
44
$13,610,200.00
100.00%
USER FRIENDLY BUDGET SECTION
BUDGETED PERSONNEL COSTS
J
Organization/Individuals Eligible for Benefit
Governing Body
Supervisory Staff (Department Heads & Managers)
Police Officers (Including Superior Officers)
Fire Fighters (Including Superior Officers)
All Other Union Employees not listed above
All Other Non-Union Employees not listed above
Totals
C
# of
# of
Full-Time Part-Time
Employees Employees
Total
Personnel
Base
Cost
Pay
Overtime
and other
Compensation
Pension
(Estimate)
Health Benefits
Net of
Cost Share
Employment
Taxes and
Other Benefits
13,725.38
105,920.73
$12,750,00
$92,820.00
$975.38
$6,000.00 $7,100.73
0.00
0.00
0.00
71,922.47$66,811.40
0.00
0.00
191,568.58
$172,381.40
$0.00
$6,000.00
$0.00
$5,111.07
$13,187.18
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
C
し
USER FRIENDLY BUDGET SECTION - HEALTH BENEFITS
C
Current Year
Current Year # of
Covered Members
(Medical & Rx)
Annual Cost
Estimate per
Employee
Total Current
Prior Year # of Prior Year Annual
Covered Members Cost per Employee Total Prior Year
Year Cost
(Medical & Rx)
(Average)
Cost
Active Employees - Health Benefits - Annual Cost
Single Coverage
N/A
#VALUE!
$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
#VALUE!
0.00
$0.00
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
0.00
#VALUE!
0.00
$0.00
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)?
Is prescription drug coverage provided by the SHBP (Yes or No)?
Sheet UFB-8
し
J
Bargaining Unit of Non-Unión Position Eligible for Benelit
(List Union Employees Liabilities by Bargaining Unit and
Non-Union Employees by Individual Title Rather Than
Naming Each Individuals)
C
USER FRIENDLY BUDGET SECTION
ACCUMULATED ABSENCE LIABILITY
Compensatory Time
Gross Days of
Accumulated
Absence
Dollar Value of
Compensated Absences
Sick Time
Vacation Time
Gross Days of
Accumulated
Absence
Dollar Value of
Compensated Absences
Gross Days of
Accumulated
Absence
Dollar Value of
Compensated Absences
TOTALS (THIS PAGE ONLY)
$0.00
$0,00
UFB-9 Accumulated Absence Liability
Gross Days of
Accumulated
Absence
Personal Time
Dollar Value of
Compensated Absences
Gross Days of
Accumulated
Absence
Other
Legal basis for benefit
("X" applicable items)
Individual
Approved
Local
Dollar Value of
Labor
Employment
Compensated Absences Agreement Ordinance Agreement
$0.00
$0.00
$0.00
==End of OCR for page 10==

C
USER FRIENDLY BUDGET SECTION - OUTSTANDING DEBT; PER CAPITA AND BUDGET IMPACT
し
Gross
Debt
Deductions
Net
Debt
Current Year
Budget
2026
Budget
2027
Budget
All Additional Future
Years' Budgets
Local School Debt
Regional School Debt
$2,226,645.30
$2,226,645,30
Utility Fund Debt
Water/Sewer
$0.00 Utility Fund - Principal
$0.00 Utility Fund - Interest
Bond Anticipation Notes - Principal
$75,102.00
Bond Anticipation Notes - Interest
$34.745.00
$154,609.00 $154,609.00
$0.00 Bonds-Principal
$25.116.37
$23,635.65
$0.00 Bonds - Interest
$2,665.41
$1,845,44
$0.00 Loans & Other Debt - Principal
$0.00 Loans & Other Debt - Interest
$0.00
Total
$137,628.78
$25,481.09
$0.00
$0.00
Municipal Purposes
Debt Authorized (BNI)
$0.00 Total Principal
$100,218.37
$23,635.65
$0.00
$0.00
Notes Outstanding
$0.00 Total Interest
$37,410.41
$1,845.44
$0.00
$0.00
Bonds Outstanding
$0.00 % of Total Current Year Budget
8.31%
Loans and Other Debt
$597,782,02
$297,170.25
$300,611.77
Description
Debt Not Listed Above
Total (Current Year)
$2,979,036.32
$2,678,424.55
$300,611.77 Total Guarantees Governmental
Total Guarantees - Other
Total Capital/Equipment Leases
Population (2020 census)
$13
Per Capita Gross Debt
$5,807.09
Total Other
Bond Rating
Moody's
Standard & Poors
Fitch
$585.99
Rating
Per Capita Net Debt
3 Year Average Property Valuation
Net Debt as % of 3 Year Average Property Valuation
$112,352,104.67
0.27%
Year of Last Rating
Mark "X" if Municipality has no bond rating
Sheet UFB-10

Lead or
Recipient
Agency
Recipient Municipality
Recipient Municipality
Recipient Municipality
C
USER FRIENDLY BUDGET SECTION - SHARED SERVICES PROVIDED AND RECEIVED
Agency Type
Agency Providing Services To/Receiving Services From
Department
Type of Shared Service
Delaware Township
Construction Uniform Construction Code
Delaware TownshipCFOAccounting/Finance
Delaware Township Tax Assessor Tax Collection/Assessment
Notes (Enter more specifics if needed)
Amount Received Page Total
Amount Paid Page Total
Page Total
Begin Date
End Date
1/1/20241/1/2027
1/1/20231-1-205
6/1/20245/31/2026
Amount to be
Received/Paid
$0.00
$30,385.00
$8,240.00
Sheet UFB-11
$0.00
$38,625.00
$38,625.00
USER FRIENDLY BUDGET SECTION - LIST OF AUTHORITIES AND FIRE DISTRICTS
Please set forth below the names of all authorities and fire districts that serve your municipality
f
C
C
L
(Press ALT-Enter to go to a new line in each cell)
C
USER FRIENDLY BUDGET SECTION - Notes

Protected Document Content

Start your free trial to view the raw municipal bid documents and web text.

Unlock Full Access

Detailed Risk Breakdown

local preference

No Flags Found

performance bond

No Flags Found

liquidated damages

No Flags Found

Quick Actions

Visit Bid Portal

2025 User Friendly Budget Document

Contacts

Laurie Courter

Municipal Clerk

Explore More

Location

Timeline

First Discovered

Apr 2, 2026

Last Info Update

Apr 30, 2026

Start your 7-day free trial

Get instant notifications and full bid analysis. Existing users will be logged in automatically.

Start Free Trial