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VentnorGreen Risk

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2024 Adopted Budget

BID #: Res 2024-111

ISSUED: 3/14/2024

DUE: TBD

VALUE: $37,774,219.76

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Executive Summary

The City of Ventnor City adopted its municipal budget for the fiscal year 2024, documented in Resolution 2024-111. Key officials involved include Lisa Hand, the Municipal Clerk, Margaret Pacanowski, the Tax Collector, and Amy Stover, the Chief Financial Officer. The budget was approved by the Governing Body on March 14, 2024, and a public hearing was held on April 11, 2024, at 5:30 PM in the Ventnor Municipal Building. The total general appropriations for the year amount to $37,774,219.76.

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Document Text

--- Document: 2024 Adopted Budget Document ---
Res 2024-111
Adopted 4/11/2024
April 11, 2024
Lance B. Landgraf, Jr.
Mayor's Name
2024 MUNICIPAL DATA SHEET
(MUST ACCOMPANY 2024 BUDGET)
MUNICIPALITY:
CITY OF VENTNOR CITY
May 18, 2024
Term Expires
Tim Kriebel
Municipal Officials
Lisa Hand
Municipal Clerk
Margaret Pacanowski
Tax Collector
Amy Stover
Chief Financial Officer
Leon P. Costello, CPA
Registered Municipal Accountant
Nicole Curio
Municipal Attorney
11/17/2006
Date of Orig. Appt.
C-1781
Cert. No.
T-8482
Cert. No.
N-1876
Cert. No.
393
Lic. No.
Maria Mento
Official Mailing Address of Municipality
VENTNOR MUNICIPAL BUILDING
6201 Atlantic Avenue
Ventnor, NJ 08406
Fax #:
609-823-8032
Sheet A
Adoption
CAP
COUNTY:
ATLANTIC
Governing Body Members
Name
Term Expires
5/18/2024
5/18/2024
City of Ventnor
Municipal Budget of the
CITY
of
2024
MUNICIPAL BUDGET
VENTNOR CITY
It is hereby certified that the Budget and Capital Budget annexed hereto and hereby made a part
hereof is a true copy of the Budget and Capital Budget approved by resolution of the Governing Body on the
14th
day of
March
2024
and that public advertisement will be made in accordance with the provisions of N.J.S.A. 40A:4-6 and
N.J.A.C. 5:30-4.4(d).
Certified by me, this
14th
day of
March
It is hereby certified that the approved Budget annexed hereto and hereby made
a part is an exact copy of the original on file with the Clerk of the Governing Body, that all
additions are correct, all statements contained herein are in proof, and the total of anticipated
revenues equals the total of appropriations.
Certified by me, this
14th
day of
March
Icostello@ford-scott.com
Registered Municipal Accountant
Ocean City, NJ 08226
Address
1
2024
1535 Haven Avenue
Address
609-399-6333 ex225
Phone Number
CERTIFICATION OF ADOPTED BUDGET
(Do not advertise this Certification form)
It is hereby certified that the amounts to be raised by taxation for local purposes has been
compared with the approved Budget previously certified by me and any changes required as a
condition to such approval have been made. The adopted budget is certified with respect to the
foregoing only.
STATE OF NEW JERSEY
Department of Community Affairs
Director of the Division of Local Government Services
Dated:
2024
By:
April 11, 2024
1
County of
ATLANTIC
for the Fiscal Year 2024.
Clerk
6201 Atlantic Avenue
Address
Ventnor, NJ 08406
Address
609-823-7900
Phone Number
It is hereby certified that the approved Budget annexed hereto and hereby made
a part is an exact copy of the original on file with the Clerk of the Governing Body, that all
additions are correct, all statements contained herein are in proof, the total of anticipated
revenues equals the total of appropriations and the budget is in full compliance with the
Local Budget Law, N.J.S.A. 40A:4-1 et seq.
Certified by me, this
14th
day of
March
2024
DO NOT USE THESE SPACES
Sheet 1
Chief Financial Officer
Adoption
City of Ventnor
MUNICIPAL BUDGET NOTICE
County of
ATLANTIC
for the Fiscal Year 2024
Section 1.
Municipal Budget of the
CITY
of
VENTNOR CITY
Be it Resolved, that the following statements of revenues and appropriations shall constitute the Municipal Budget for the year 2024;
Be it Further Resolved, that said Budget be published in the
The Press of Atlantic City
in the issue of
March 21st
2024
CITY
of
VENTNOR CITY
does hereby approve the following as the Budget for the year 2024:
The Governing Body of the
RECORDED VOTE
(Insert Last Name)
MENTO
KRIEBEL
LANDGRAF, Jr.
Ayes
Nays
Abstained
Notice is hereby given that the Budget and Tax Resolution was approved by the
of
VENTNOR CITY
County of
A Hearing on the Budget and Tax Resolution will be held at
ATLANTIC
on
COMMISSIONERS
March
14th
of the
1
2024.
VENTNOR MUNICIPAL BUILDING
on
1
April
11th
2024 at
5:30 o'clock P.M. at which time and place objections to said Budget and Tax Resolution for the year 2024 may be presented by taxpayers or other
interested persons.
April 11, 2024
Sheet 2
Adoption
Absent
CITY
City of Ventnor
EXPLANATORY STATEMENT
SUMMARY OF CURRENT FUND SECTION OF APPROVED BUDGET
General Appropriations For: (Reference to item and sheet number should be omitted in advertised budget)
1. Appropriations within "CAPS" -
(a) Municipal Purposes {(Item H-1, Sheet 19)(N.J.S.A. 40A:4-45.2)}
2. Appropriations excluded from "CAPS" -
(a) Municipal Purposes {(Item H-2, Sheet 28)(N.J.S.A. 40A:4-53.3 as amended)}
(b) Local District School Purposes in Municipal Budget (Item K, Sheet 29)
YEAR 2024
XXXXXXXXXXXX
XXXXXXXXXXXX
29,815,363.28
XXXXXXXXXXXX
4,408,166.20
1,264,887.50
5,673,053.70
2,285,802.78
Total General Appropriations excluded from "CAPS" (Item O, Sheet 29)
3. Reserve for Uncollected Taxes (Item M, Sheet 29) Based on Estimated
96.10%
Percent of Tax Collections
Building Aid Allowance
2024-$
4. Total General Appropriations (Item 9, Sheet 29)
for Schools-State Aid
2023 - $
37,774,219.76
5. Less: Anticipated Revenues Other Than Current Property Tax (Item 5, Sheet 11) (i.e. Surplus, Miscellaneous Revenues and Receipts from Delinquent Taxes)
6. Difference: Amount to be Raised by Taxes for Support of Municipal Budget (as follows)
9,463,891.97
XXXXXXXXXXXX
(a) Local Tax for Municipal Purposes Including Reserve for Uncollected Taxes (Item 6(a), Sheet 11)
(b) Addition to Local District School Tax (Item 6(b), Sheet 11)
27,045,440.29
1,264,887.50
April 11, 2024
(c) Minimum Library Tax
Sheet 3
Adoption
City of Ventnor
EXPLANATORY STATEMENT - (Continued)
SUMMARY OF 2023 APPROPRIATIONS EXPENDED AND CANCELED
General WATER & SEWER
Budget
Utility
Utility
Utility
Utility
Utility
Utility
Budget Appropriations - Adopted Budget
35,896,571.90
7,252,774.00
Budget Appropriations Added by N.J.S.A. 40A:4-87
1,724,049.24
Emergency Appropriations
Total Appropriations
37,620,621.14
7,252,774.00
Expenditures:
Paid or Charged (Including Reserve for
Uncollected Taxes)
35,840,098.57
7,016,829.84
Reserved
1,780,522.57
178,969.01
Unexpended Balances Canceled
56,975.15
Total Expenditures and Unexpended
Balances Canceled
37,620,621.14
7,252,774.00
Overexpenditures *
April 11, 2024
Sheet 3a
Adoption
City of Ventnor
EXPLANATORY STATEMENT (Continued)
BUDGET MESSAGE
CAP CALCULATION
CAP CALCULATION
Total General Appropriations for 2023
35,896,571.90
Cap Base Adjustment:
Subtotal
Exceptions Less:
Allowable Operating Appropriations before
Additional Exceptions per (N.J.S.A. 40A:4-45.3)
29,012,265.54
35,896,571.90
Additions:
Total Other Operations
253,520.00
Total Uniform Construction Code
Total Interlocal Service Agreement
44,150.00
New Construction (Assessor Certification)
2022 Cap Bank Utilized
2023 Cap Bank Utilized
455,938.07
265,802.66
263,224.02
Total Additional Appropriations
Total Capital Improvements
300,000.00
Total Debt Service
3,351,780.61
Transferred to Board of Education
Total Additions
984,964.75
Type I School Debt
1,270,687.50
Total Public & Private Programs
93,379.10
Maximum Appropriations within "CAPS" Sheet 19
2.5%
29,997,230.29
Judgements
Total Deferred Charges
Cash Deficit
Additional Increase to COLA rate.
3.5%
Reserve for Uncollected Taxes
2,278,405.38
Amount of Increase allowable.
1.0%
283,046.49
Total Exceptions
7,591,922.59
Amount on Which CAP is Applied
28,304,649.31
2.5% CAP
707,616.23
Maximum Appropriations within "CAPS" Sheet 19 @
3.5%
30,280,276.78
Allowable Operating Appropriations before
Additional Exceptions per (N.J.S.A. 40A:4-45.3)
29,012,265.54
Total General Appropriations for Municipal Purposes
(Sheet 19, H-1)
29,815,363.28
Over or (Under) Appropriations Cap
(464,913.50)
NOTE:
Sheet 3b
MANDATORY MINIMUM BUDGET MESSAGE MUST INCLUDE A SUMMARY OF:
April 11, 2024
1. HOW THE "CAP" WAS CALCULATED. (Explain in words what the "CAPS" mean and show the figures.)
2. A SUMMARY BY FUNCTION OF THE APPROPRIATIONS THAT ARE SPREAD AMONG MORE THAN ONE OFFICIAL LINE ITEM
(e.g. if Police S & W appears in the regular section and also under "Operation Excluded from "CAPS" section, combine the
figures for purposes of citizen understanding.)
Adoption
City of Ventnor
EXPLANATORY STATEMENT - (Continued)
BUDGET MESSAGE
RECAP OF GROUP INSURANCE APPROPRIATION
Following is a recap of the Municipality's Employee Group Insurance
Estimated Group Insurance Costs - 2024
$ 3,775,250.00
Estimated Amounts to be Contributed by Employees:
Contribution from all eligible emp.
865,250.00
2,910,000.00
Budgeted Group Insurance - Inside CAP
Budgeted Group Insurance - Utilities
2,320,000.00
590,000.00
Budgeted Group Insurance - Outside CAP
TOTAL
2,910,000.00
19 employees
Instead of receiving Health Benefits,
have elected an opt-out for 2024. This opt-out amount
is budgeted separately.
Health Benefits Waiver
Salaries and Wages
$
100,000.00
April 11, 2024
Sheet 3b (2)
Adoption
City of Ventnor
EXPLANATORY STATEMENT (Continued)
BUDGET MESSAGE
NEW JERSEY 2010 LOCAL UNIT LEVY CAP LAW
ADJUSTED TAX LEVY PRIOR TO EXCLUSIONS
Exclusions:
26,611,235.94
P.L. 2007, с. 62, was amended by P.L. 2008 c. 6 and P.L. 2010 c. 44 (S-29 R1).
The last amendment reduces the 4% to 2% and modifies some of the exceptions and
exclusions. It also removes the LFB waiver. The voter referendum now requires a vote in
excess of only 50% which is reduced from the original 60% in P.L. 2007, c. 62.
Allowable Shared Service Agreements Increase
Allowable Health Insurance Costs Increase
Allowable Pension Obligations Increases
Allowable LOSAP Increase
Allowable Capital Improvements Increase
Allowable Debt Service and Capital Leases Inc.
452,648.00
SUMMARY LEVY CAP CALCULATION
LEVY CAP CALCULATION
Recycling Tax appropriation
Deferred Charge to Future Taxation Unfunded
Current Year Deferred Charges: Emergencies
26,089,447.00
Add Total Exclusions
452,648.00
Less Cancelled or Unexpended Waivers
Less Cancelled or Unexpended Exclusions
ADJUSTED TAX LEVY
27,063,883.94
Additions:
Prior Year Amount to be Raised by Taxation
Less:
Less: Prior Year Deferred Charges to Future Taxation Unfunded
Less: Prior Year Deferred Charges: Emergencies
Less: Prior Year Recycling Tax
Less:
Less:
Net Prior Year Tax Levy for Municipal Purpose Tax for CAP Calculation
Plus 2% CAP Increase
New Ratables - Increase for new construction
Prior Year's Local Purpose Tax Rate (per $100)
37,280,300
1.223
New Ratable Adjustment to Levy
455,938.07
Amounts approved by Referendum
Levy CAP Bank Applied
MAXIMUM ALLOWABLE AMOUNT TO BE RAISED BY TAXATION
26,089,447.00
AMOUNT TO BE RAISED BY TAXATION FOR MUNICIPAL PURPOSES
27,519,822.01
27,045,440.29
521,788.94
ADJUSTED TAX LEVY
Plus: Assumption of Service/Function
26,611,235.94
OVER OR (UNDER) 2% LEVY CAP
(474,381.72)
(must be equal or under for Introduction)
ADJUSTED TAX LEVY PRIOR TO EXCLUSIONS
26,611,235.94
April 11, 2024
Sheet 3 - Levy CAP
Adoption
City of Ventnor
"2010" LEVY CAP BANKS:
2021
EXPLANATORY STATEMENT
BUDGET MESSAGE
Maximum Allowable Amount to be Raised by Taxation
Amount to be Raised by Taxation for Municipal Purpose
Available for Banking (CY 2024)
1,121,470
Amount Used in CY 2024
Balance to Expire
1,121,470
2022
Maximum Allowable Amount to be Raised by Taxation
Amount to be Raised by Taxation for Municipal Purpose
Available for Banking (CY 2024 - CY 2025)
730,936
Amount Used in CY 2024
Balance to Carry Forward (CY 2025)
730,936
2023
Maximum Allowable Amount to be Raised by Taxation
26,087,028
Amount to be Raised by Taxation for Municipal Purpose
26,089,447
Available for Banking (CY 2024 - CY 2026)
(2,419)
Amount Used in CY 2024
Balance to Carry Forward (CY 2025 - CY2026)
(2,419)
2024
Maximum Allowable Amount to be Raised by Taxation
27,519,822
Amount to be Raised by Taxation for Municipal Purpose
27,045,440
Available for Banking (CY 2025 - CY 2027)
474,382
Total Levy CAP Bank
April 11, 2024
1,202,899
Sheet 3d
Adoption
(Continued)
City of Ventnor
CURRENT FUND - ANTICIPATED REVENUES
GENERAL REVENUES
Anticipated
Realized in
FCOA
2024
2023
Cash in 2023
1. Surplus Anticipated
08-101
4,000,000.00
3,810,000.00
3,810,000.00
2. Surplus Anticipated with Prior Written Consent of Director of Local Government Services
08-102
Total Surplus Anticipated
08-100
4,000,000.00
3,810,000.00
3,810,000.00
3. Miscellaneous Revenues
Section A: Local Revenues
XXXXXXX
XXXXXXXXXXX
XXXXXXXXXXX
XXXXXXXXXXX
Licenses:
XXXXXXX
XXXXXXXXXXX
XXXXXXXXXXX
XXXXXXXXXXX
Alcoholic Beverages
08-103
5,000.00
5,000.00
8,695.60
Other
08-104
17,000.00
17,000.00
18,127.20
Fees and Permits
08-105
320,000.00
300,000.00
358,226.43
Fines and Costs:
XXXXXXX
XXXXXXXXXXX
XXXXXXXXXXX
XXXXXXXXXXX
Municipal Court
08-110
140,000.00
130,000.00
186,131.13
Other
08-109
Interest and Costs on Taxes
08-112
220,000.00
200,000.00
257,017.87
Interest and Costs on Assessments
08-115
Parking Meters
08-111
140,000.00
140,000.00
147,803.87
Interest on Investments and Deposits
08-113
440,000.00
80,000.00
564,195.20
Anticipated Utility Operating Surplus
08-114
April 11, 2024
Sheet 4
Adoption
City of Ventnor
CURRENT FUND - ANTICIPATED REVENUES - (Continued)
GENERAL REVENUES
3. Miscellaneous Revenues - Section A: Local Revenues (continued)
Anticipated
Realized in
FCOA
2024
2023
Cash in 2023
Beach Control Fees
08-108
360,000.00
360,000.00
428,273.97
Land Rental
08-118
80,000.00
80,000.00
91,502.00
Recreation Fees
08-232
50,000.00
40,000.00
107,441.10
Payment in Lieu of Taxes
08-210
120,000.00
120,000.00
130,008.00
Cable Television Franchise Fees
08-229
60,000.00
60,000.00
63,288.03
City Lease Fees
08-230
50,000.00
50,000.00
55,188.16
Ambulance Service Fees
08-231
250,000.00
275,000.00
257,408.50
April 11, 2024
Sheet 4a
Adoption
City of Ventnor
CURRENT FUND - ANTICIPATED REVENUES - (Continued)
GENERAL REVENUES
3. Miscellaneous Revenues
April 11, 2024
- Section A: Local Revenues (continued)
Anticipated
FCOA
2024
2023
Realized in
Cash in 2023
Sheet 4b
Adoption
City of Ventnor
CURRENT FUND - ANTICIPATED REVENUES - (Continued)
GENERAL REVENUES
3. Miscellaneous Revenues - Section A: Local Revenues (continued)
Anticipated
FCOA
2024
2023
Realized in
Cash in 2023
Total Section A: Local Revenue
08-001
2,252,000.00
1,857,000.00
2,673,307.06
Sheet 4c
April 11, 2024
Adoption
City of Ventnor
CURRENT FUND - ANTICIPATED REVENUES - (Continued)
GENERAL REVENUES
3. Miscellaneous Revenues - Section B: State Aid Without Offsetting Appropriations
Anticipated
FCOA
2024
2023
Realized in
Cash in 2023
Transitional Aid
09-212
Consolidated Municipal Property Tax Relief Aid
09-200
Energy Receipts Tax (P.L. 1997, Chapters 162 & 167)
09-202
615,363.00
612,315.00
612,315.48
Municipal Relief Fund
09-213
63,430.02
31,721.00
31,721.00
Type I School Debt Service
09-213
Total Section B: State Aid Without Offsetting Appropriations
09-001
678,793.02
644,036.00
644,036.48
Sheet 5
April 11, 2024
Adoption
City of Ventnor
CURRENT FUND - ANTICIPATED REVENUES - (Continued)
GENERAL REVENUES
Anticipated
FCOA
3. Miscellaneous Revenues Section C: Dedicated Uniform Construction Code Fees
Offset with Appropriations (N.J.S.A. 40A:4-36 and N.J.A.C. 5:23-4.17)
Uniform Construction Code Fees
2024
2023
Realized in
Cash in 2023
XXXXXXX
XXXXXXXXXXX
XXXXXXXXXXX
08-160
350,000.00
330,000.00
XXXXXXXXXXX
417,256.00
Special Item of General Revenue Anticipated with Prior Written
Consent of Director of Local Government Services:
Additional Dedicated Uniform Construction Code Fees Offset with Appropriations
(N.J.S.A. 40A:4-45.3h and N.J.A.C. 5:23-4.17)
XXXXXXX
XXXXXXXXXXX
XXXXXXXXXXX
XXXXXXXXXXX
Uniform Construction Code Fees
08-160
Total Section C: Dedicated Uniform Construction Code Fees Offset with Appropriations
08-002
Total Section C: Dedicated Uniform Construction Code Fees Offset with Appropriations
08-002
350,000.00
330,000.00
417,256.00
Sheet 6
April 11, 2024
Adoption
City of Ventnor
CURRENT FUND - ANTICIPATED REVENUES - (Continued)
GENERAL REVENUES
3. Miscellaneous Revenues - Section D: Special Items of General Revenue Anticipated
With Prior Written Consent of the Director of Local Government Services
Shared Service Agreements Offset With Appropriations:
Anticipated
FCOA
2024
2023
Realized in
Cash in 2023
XXXXXXX
XXXXXXXXXXX
XXXXXXXXXXX
XXXXXXXXXXX
Borough of Longport - Uniform Construction Code Office
11-118
46,650.00
44,150.00
46,650.00
April 11, 2024
Sheet 7
Adoption
City of Ventnor
CURRENT FUND - ANTICIPATED REVENUES - (Continued)
GENERAL REVENUES
3. Miscellaneous Revenues Section D: Special Items of General Revenue Anticipated
With Prior Written Consent of the Director of Local Government Services
Shared Service Agreements Offset With Appropriations:
Anticipated
FCOA
2024
2023
Realized in
Cash in 2023
XXXXXXX
XXXXXXXXXXX
XXXXXXXXXXX
XXXXXXXXXXX
April 11, 2024
Sheet 7a
Adoption
City of Ventnor
CURRENT FUND - ANTICIPATED REVENUES - (Continued)
GENERAL REVENUES
3. Miscellaneous Revenues - Section D: Special Items of General Revenue Anticipated
With Prior Written Consent of the Director of Local Government Services
Shared Service Agreements Offset With Appropriations:
Anticipated
FCOA
2024
2023
Realized in
Cash in 2023
XXXXXXX
XXXXXXXXXXX
XXXXXXXXXXX
XXXXXXXXXXX
Total Section D: Shared Service Agreements Offset With Appropriations
11-001
46,650.00
44,150.00
46,650.00
Sheet 7b
April 11, 2024
Adoption
City of Ventnor
CURRENT FUND - ANTICIPATED REVENUES - (Continued)
GENERAL REVENUES
3. Miscellaneous Revenues Section E: Special Items of General Revenue Anticipated
With Prior Written Consent of the Director of Local Government Services
Additional Revenues Offset with Appropriations (N.J.S.A. 40A:4-45.3h):
Anticipated
FCOA
2024
2023
Realized in
Cash in 2023
XXXXXXX
XXXXXXXXXXX
XXXXXXXXXXX
XXXXXXXXXXX
Total Section E: Special Item of General Revenue Anticipated with Prior Written
Consent of Director of Local Government Services Additional Revenues
Sheet 8
April 11, 2024
Adoption
XXXXXXX
08-003
XXXXXXXXXXX
XXXXXXXXXXX
XXXXXXXXXXX
City of Ventnor
CURRENT FUND - ANTICIPATED REVENUES - (Continued)
GENERAL REVENUES
3. Miscellaneous Revenues - Section F: Special Items of General Revenue Anticipated
With Prior Written Consent of Director of Local Government Services Public and
Private Revenues Offset with Appropriations:
Anticipated
FCOA
2024
2023
Realized in
Cash in 2023
XXXXXXX
XXXXXXXXXXX
XXXXXXXXXXX
XXXXXXXXXXX
N.J. Transportation Trust Fund Authority Act
10-584
Recycling Tonnage Grant
10-569
13,398.78
Drunk Driving Enforcement Fund
10-510
Clean Communities Program
10-602
37,678.93
37,678.93
Alcohol Education and Rehabilitation Fund
10-501
3,050.17
Municipal Alliance on Alcoholism and Drug Abuse
10-506
14,759.58
14,759.58
Body Armor Replacement Fund
10-505
7,172.64
7,172.64
Local Area Recreation Grant
10-671
50,000.00
50,000.00
Bulletproof Vest
10-693
94.49
94.49
Housing Inspections
10-880
23,125.00
23,125.00
Distracted Driving
10-508
4,200.00
4,200.00
Click It or Ticket
10-507
4,200.00
4,200.00
Drive Sober or Get Pulled Over - Labor Day
10-509
5,250.00
5,250.00
Atlantic County DWI
10-878
5,700.00
5,700.00
NJDLPS - Year End Holiday Grant
10-514
7,000.00
7,000.00
SJTPO - CMAQ Ventnor Avenue Synchronization
10-584
1,640,000.00
1,640,000.00
April 11, 2024
Sheet 9
Adoption
City of Ventnor
CURRENT FUND - ANTICIPATED REVENUES - (Continued)
GENERAL REVENUES
3. Miscellaneous Revenues - Section F: Special Items of General Revenue Anticipated
With Prior Written Consent of Director of Local Government Services - Public and
Private Revenues Offset with Appropriations (Continued):
Anticipated
FCOA
2024
2023
Realized in
Cash in 2023
XXXXXXX
XXXXXXXXXXX
XXXXXXXXXXX
XXXXXXXXXXX
Stormwater Assistance Grant
10-611
NJDLPS - Summer Pedestrian Awareness
10-514
NJDCA Sage - Local Recreational Improvements
10-655
15,000.00
1,120.00
15,000.00
1,120.00
50,000.00
Total Section F: Special Item of General Revenue Anticipated with Prior Written
Consent of Director of Local Government Services
April 11, 2024
- Public and Private Revenues
XXXXXXX
10-001
XXXXXXXXXXX
XXXXXXXXXXX
XXXXXXXXXXX
66,448.95
1,815,300.64
1,815,300.64
Sheet 9i
Adoption
City of Ventnor
CURRENT FUND - ANTICIPATED REVENUES - (Continued)
GENERAL REVENUES
3. Miscellaneous Revenues Section G: Special Items of General Revenue Anticipated
With Prior Written Consent of Director of Local Government Services Other Special
Items:
Anticipated
FCOA
2024
2023
Realized in
Cash in 2023
XXXXXXX
08-116
XXXXXXXXXXX
XXXXXXXXXXX
XXXXXXXXXXX
Utility Operating Surplus of Prior Year
Utility Fund Expense Allocation
Reserve for Payment of Debt
General Capital Surplus
April 11, 2024
Sheet 10
Adoption
08-116
410,000.00
410,000.00
410,000.00
08-227
400,000.00
300,000.00
300,000.00
08-249
340,000.00
City of Ventnor
CURRENT FUND - ANTICIPATED REVENUES - (Continued)
GENERAL REVENUES
Anticipated
FCOA
3. Miscellaneous Revenues - Section G: Special Items of General Revenue Anticipated
With Prior Written Consent of Director of Local Government Services Other Special
Items:
2024
2023
Realized in
Cash in 2023
XXXXXXX
XXXXXXXXXXX
XXXXXXXXXXX
XXXXXXXXXXX
Total Section G: Special Items of General Revenue Anticipated with Prior Written
Consent of Director of Local Government Services Other Special Items
Sheet 10n
April 11, 2024
Adoption
XXXXXXX
08-004
XXXXXXXXXXX
1,150,000.00
XXXXXXXXXXX
XXXXXXXXXXX
710,000.00
710,000.00
City of Ventnor
CURRENT FUND - ANTICIPATED REVENUES - (Continued)
GENERAL REVENUES
Anticipated
FCOA
2024
2023
Realized in
Cash in 2023
XXXXX
XXXXXXXXXXX
XXXXXXXXXXX
XXXXXXXXXXX
08-101
4,000,000.00
3,810,000.00
3,810,000.00
08-102
XXXXX
XXXXXXXXXXX
XXXXXXXXXXX
XXXXXXXXXXX
08-001
2,252,000.00
1,857,000.00
2,673,307.06
09-001
678,793.02
644,036.00
644,036.48
3. Miscellaneous Revenues: Section A: Local Revenues
Total Section B:
08-002
08-003
Additional Revenues
10-001
Sheet 11
XXXXXXXXXXX