2004 Annual Financial Statement

NOTE THAT A TRIAL BALANCE IS REQUIRED AND NOT A BALANCE SHEET

POST CLOSING TRIAL BALANCE - CURRENT FUND

SFY04

AS OF JUNE 30, 2004 Cash Liabiities Must Be Subtotaled and Subtotal Must Be Marked With "C" -- Taxes Receivable Must Be Subtotaled

Title of Account

Debit

Credit

ASSETS Cash and Cash Equivalents

713,813.12

Real Estate Taxes Receivable

290,743.86

Tax Title Liens Receivable

300,226.95

Property Acquired for Taxes

965,600.00

Sewer Service Charges Receivable

64,691.38

Interfund Receivable - Grant Fund

99,641.55

Interfund Receivable - Capital Fund

133,699.93

Interfund Receivable - Dedicated Construction

128,976.08

Interfund Receivable - Self Insurance Trust

150.59

Interfund Receivable - Other Trust

2,937.00

Interfund Receivable - Dog License Trust

5,895.21

Interfund Receivable - Performance and Inspection Fee Trust Interfund Receivable - Review Fees Trust Deferred Charge-Overexpenditures

10,819.60 641.61 1,596,575.73

Deferred Charge-Appropriation Reserve Overexpenditures Emergency Authorizations

10,766.19 1,041,970.22

Due from State of NJ - Senior & Vet Deduction

591,250.00

LIABILITIES Appropriation Reserves

152,515.98

Reserve for Encumbrances

514,183.59

Due ETRA

200.00

Due to State of NJ - Marriage License

3,368.00

Tax Overpayments

20,021.77

Sewer Overpayments

12,140.61

Prepaid Taxes

61,509.80

Prepaid Sewer

195,671.81

Interfund Payable - Payroll Trust

65,739.95

Interfund Payable- Assessment Trust

8,114.27

Interfund Payable - Recreation Commission

586.00

Subtotal Cash Liabilities

1,034,051.78

Reserve for Receivables

2,004,023.76

FUND BALANCE Fund Balance

2,920,323.48

Total

5,958,399.02

(Do Not Crowd - add additional sheets) Sheet 3

5,958,399.02

NOTE THAT A TRIAL BALANCE IS REQUIRED AND NOT A BALANCE SHEET

POST CLOSING TRIAL BALANCE - CURRENT FUND AND STATE AND FEDERAL GRANTS

SFY04

AS OF JUNE 30, 2004 Cash Liabiities Must Be Subtotaled and Subtotal Must Be Marked With "C" -- Taxes Receivable Must Be Subtotaled

Title of Account

Debit

Cash & Investments

85001

Expenditure Control

Credit

887,348.81 223,567.86

Taxes Receivable

85002

290,743.86

Tax Title Liens

85003

300,226.95

Forclosed Property

85004

965,600.00

Other Receivables

85007 1,038,702.95

State and Federal Grants Receivable

85006 1,611,355.67

Emergencies and Deferred Charges

85005 2,649,312.14

Total Assets

85008 7,966,858.24

Cash Liabilities

85009

3,042,511.00

Reserve for Receivables

85010

2,004,023.76

Fund Balance

85011

2,920,323.48

Total Liabilities, Reserves and Fund Balance

85012

7,966,858.24

TOTALS

7,966,858.24 (Do Not Crowd - add additional sheets)

Sheet 3a

7,966,858.24

POST CLOSING SFY04 TRIAL BALANCE - PUBLIC ASSISTANCE FUND Accounts #1 & #2* AS OF JUNE 30, 2004

Title of Account

Debit

Cash in Bank

Credit

1,534.45

Reserve for Public Assistance

1,534.45

1,534.45

1,534.45

(Do Not Crowd - add additional sheets)

*To be prepared in compliance with Department of Human Services Municipal Audit Guide, Public Welfare, General Assistance Program.

Sheet 4

SFY04 POST CLOSING TRIAL BALANCE - FEDERAL AND STATE FUNDS AS OF JUNE 30, 2004

Title of Account

Debit

Cash

Credit

173,535.69

Grants Receivable

1,611,355.67

Expenditure Control (to be identified at audit)

223,567.86

Due To Current Fund

99,641.55

Due To Capital Fund

9,178.00

Reserve for State and Federal Grants

1,880,111.05

Grant Encumbrances

19,528.62 2,008,459.22

(Do Not Crowd - add additional sheets)

Sheet 5

2,008,459.22

SFY04

POST CLOSING TRIAL BALANCE - TRUST FUNDS (Assessment Section Must Be Separately Stated) (INCLUDE PAYROLL FUND) AS OF JUNE 30, 2004

Title of Account

Debit

Credit

Assessment Trust Due from Current Fund

8,114.27

Reserve for Assessments and Liens

2,568.05

Assessment Overpayment

25.00

Fund Balance

5,521.22 8,114.27

8,114.27

Dog Trust Cash in Bank

14,797.61

Reserve for Encumbrances

50.00

Due to Current Fund

5,895.21

Due to State of NJ

2,531.16

Reserve for Dog License Expenditures

6,321.24 14,797.61

14,797.61

Self Insurance Trust Cash

64,753.68

Due from Inservco Acct

1,041.61

Escrow with PMA Insurance

26,291.49

Reserve for Encumbrances

11,605.60

Due to Current Fund

150.59

Reserve for: Unemployment

4,006.50

Worker's Compensation

106,786.02

Self Insurance

30,461.93 122,548.71

122,548.71

Payroll Cash

165,434.40

Due From Current Fund

65,739.95

Eastern Dental

1,670.88

Police & Fire Retirement System (PFRS) Payable

161,322.46

PERS - Supplemental Annuity Payable

632.34

PERS - Contiributory Insurance Payable

5,918.69

Public Employees Retirement System (PERS) Payable

58,559.09

Delaware United Way Payable

853.28

State Credit Union Payable

1,536.00

Net Payroll

4,023.37 232,845.23 (Do Not Crowd - add additional sheets)

Sheet 6 (1 of 3)

232,845.23

SFY04 POST CLOSING TRIAL BALANCE - TRUST FUNDS (Continued 2 of 3) (Assessment Section Must Be Separately Stated) (INCLUDE PAYROLL FUND) AS OF JUNE 30, 2004

Title of Account

Debit

Credit

Recreation Trust Cash

20,798.82

Due From Current Fund

586.00

Reserve for Encumbrances

5,666.44

Reserve for Recreation Commission

15,718.38 21,384.82

21,384.82

Dedicated Construction Trust Cash in Bank

681,648.17

Reserve for 3rd Party Inspections

6,190.40

Due to Current Fund

128,976.08

Reserve for Encumbrances

37,264.83

Reserve for Developers Escrow

15,645.79

Reserve for Dedicated Construction

505,951.87 687,838.57

687,838.57

Other Trust Cash

177,156.59

Reserve for ECC Expenditures

19,601.17

Reserve for Other Trust

21,248.43

Due from Other Trust to Asset Forefeiture

10,214.23

Due to Asset Forefeiture from Other Trust

9,969.23

Reserve for Encumbrances

2,282.09

Due to Current Fund

2,937.00

Due to Grant Fund

31,774.00

Reserve for: Flood Relief Fund

109.00

Revolving Loan

5,224.81

Asset Forfeiture

20,085.55

Invest A Cop

500.00

Parking Adjudication

2,341.11

EDAC Purposes

2,206.08

Right of Way Access

1,000.00

Affordable Housing Development Fees

149,166.55

Scoreboard Donation

625.00 228,220.42

228,220.42

Escrow Review Fees Cash

97,115.55

Due From Current Fund

641.61

Reserve for Developers Review Fees

96,473.94 97,115.55

(Do Not Crowd - add additional sheets)

Sheet 6 (2 of 3)

97,115.55

SFY04 POST CLOSING TRIAL BALANCE - TRUST FUNDS (Continued 3 of 3) (Assessment Section Must Be Separately Stated) (INCLUDE PAYROLL FUND) AS OF JUNE 30, 2004

Title of Account

Debit

Credit

Performance Inspection Escrow Cash

2,157,058.52

Due From Current Fund

10,819.60

Due to Capital Fund

5,000.00

Reserve for Performance/ Inspection

2,141,238.92 2,157,058.52

2,157,058.52

Police Off Duty Employment Trust Cash

27,833.71

Reserve for Police Off Duty Employment

27,833.71 27,833.71

(Do Not Crowd - add additional sheets)

Sheet 6 (3 of 3)

27,833.71

ANALYSIS OF TRUST ASSESSMENT CASH AND INVESTMENTS PLEDGED TO LIABILITIES AND SURPLUS

SFY04

Sheet 7

Title of Liability to which

Audit

RECEIPTS

Cash and Investments

Balance

Assessments

Current

are Pledged

6/30/03

and Liens

Budget

Assessment Serial Bond Issues:

xxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx

xxxxxxxxxx

Assessment Bond Anticipation Note Issues:

xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxx

xxxxxxxxxx

Additions

Disbursements

Balance 06/30/04

0.00

Other Liabilities Trust Surplus *Less Assets "Unfinanced" Due from Current Fund

25.00

25.00

8,089.27

8,089.27

xxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx (8,114.27)

xxxxxxxxxx (8,114.27) 0.00

0.00 *Show as red figure

0.00

0.00

0.00

0.00

0.00

0.00

0.00

POST CLOSING

SFY04

TRIAL BALANCE - GENERAL CAPITAL FUND AS OF JUNE 30, 2004

Title of Account

Debit

Est. Proceeds Bonds and Notes Authorized

Credit

1,963,500.00

Bonds and Notes Authorized but Not Issued

1,963,500.00

Cash in Bank

2,395,530.38

Due from Grant Fund

9,178.00

Due From Performance and Inspection Escrow Trust

5,000.00

Grant Receiveable From Infrastructure Trust

422,628.00

Deferred Charges to Future Taxes: Funded

22,992,071.00

Unfunded

7,236,000.00

Bond Anticipation Notes

5,272,500.00

Green Acres Loan Payable

943,653.00

NJ Infrastructure Loan Payable

3,599,418.00

Serial Bonds

18,449,000.00

Reserve for Encumbrances

716,394.89

Due to Current Fund

133,699.93

Reserve for Accrued Interest

7,121.73

Capital Improvement Fund

0.00

Improvement Authorizations - Funded

1,627,134.06

Improvement Authorizations - Unfunded

2,269,782.70

Fund Balance

41,703.07

35,023,907.38 (Do not crowd - add additional sheets)

Sheet 8

35,023,907.38

SFY04

CASH RECONCILIATION JUNE 30, 2004 Cash *On Hand Current State and Federal Grants

713,813.12

299.08

188,864.05

15,627.44

173,535.69

2,632,726.98

237,196.60

2,395,530.38

689,644.86

7,996.69

681,648.17

66,358.80

2,646.73

64,753.68

178,628.42

1,471.83

177,156.59

3,482.90

11,386.11

71.40

14,797.61

27,276.87

1,622,057.09

902,464.11

746,869.85

196,740.48

31,306.08

165,434.40

20,645.70

199.38

20,798.82

99,315.55

2,200.00

97,115.55

2,178,209.80

21,151.28

2,157,058.52

1,041.61

Payroll Trust Recreation Trust

Balance

355,488.26

Trust - Other

Collector's Trust

Outstanding

503,734.14

Dedicated Construction

Trust - Dog License

On Deposit

565,567.24

General Capital

Self Insurance

Less Checks Cash Books

352.50

Escrow Review Fees Trust Performance Inspection Escrow Public Assistance ** Police Off Duty Employment Total 598,020.20

1,534.45

1,534.45

27,833.71

27,833.71

8,417,680.14 1,577,819.80

7,437,880.54

* Include Deposits In Transit

** Be sure to include a Public Assistance Account reconciliation and trial balance if the municipality maintains such a bank accoun

REQUIRED CERTIFICATION

I hereby certify that all amounts shown in "Cash on Deposit" column on Sheet 9 and 9(a) have been verified with the applicable bank statements, certificates, agreements or passbooks at JUNE 30, 2004. I also certify that all amounts, if any, shown for Investments in Savings and Loan Associations on any trial balance have been verified with the applicable passbooks at JUNE 30, 2004. All "Certificates of Deposit" "Repurchase Agreements" and other investments must be reported as cash and included in this certification. THIS MUST BE SIGNED BY THE REGISTERED MUNICIPAL ACCOUNTANT (STATUTORY AUDITOR) OR CHIEF FINANCIAL OFFICER) depending on who prepared this Annual Financial Statement as certified to on Sheet 1 or 1 (a).

Signature:

Title:

Sheet 9

CASH RECONCILIATION JUNE 30, 2004 (cont'd.)

SFY04

LIST BANKS AND AMOUNTS SUPPORTING "CASH ON DEPOSIT" Current Commerce

A/C # 5426106

417,834.23

New Jersey Cash Management

A/C # 171-000090670

2,416.39

Sovereign

A/C # 079111246

5,975.45

Clerk Commerce

A/C # 5424130

77,508.07 503,734.14

State and Federal Grants Wachovia

A/C # 2014090897709

188,864.05

General Capital Bank of America

A/C # 0935708278

New Jersey Cash Management

A/C # 171-000090778

2,613,274.04 19,452.94 2,632,726.98

Dedicated Construction Trust Wachovia

A/C # 200009711107

689,350.02

Sovereign

A/C # 0791143910

189.04

Bank of America

A/C # 0935708286

105.80 689,644.86

Self Insurance Trust New Jersey Cash Management

A/C # 171-000091642

Bank of America

A/C # 0935708294

155.09 63,313.53

Worker's Compensation - Inservco Trustee Wachovia

A/C # 2100012149763

2,890.18 66,358.80

Other Trust Asset Forefeiture Trust

Commerce

A/C # 7856593111

20,236.55

Affordable Housing Trust

Sovereign

A/C # 0791144038

152,141.55

Other Trust

Sovereign

A/C # 0791144011

5,625.32

Township of Ewing Scoreboard Donation

Sovereign

A/C # 0791154815

625.00 178,628.42

Municipal Dog License Commerce

A/C # 5424122

11,386.11

Tax Collector's Trust Wachovia

A/C # 2002004856625

1,622,057.09

Payroll Commerce

A/C # 5424114

196,740.48

Recreation Commission Sovereign

A/C # 0791128733

20,645.70

A/C # 0999082930

99,315.55

A/C # 0999082922

2,178,209.80

Escrow Review Fees Bank of America Performance and Inspection Trust Bank of America Public Assistance Trust - I Wachovia

A/C # 2100009716565

1,534.45

Police Off Duty Employment Bank of America

A/C #

0999759441

27,833.71

Note: Sections N.J.S. 40A:4-62 and 40A:4-63 of the Local Budget Law require that separate bank accounts be maintained for each allocated fund.

Sheet 9 a

MUNICIPALITIES AND COUNTIES

SFY04

FEDERAL AND STATE GRANTS RECEIVABLE Balance Grant

2005

June 30, 2003 Budget Revenue

Chapter 159's Chapter 159's Received

Realized

Sheet 10

Aggressive Driver All Hazards Planning Grant (SLAEHOP) Body Armor Replacement Fund Clean Communities Grant Cops in Shops COPS Universal Hiring Grant Drunk Driving Enforcement Fund Domestic Preparedness DOT Liveable Communities DOT Safe Streets to Schools Emergency Management Assistance FEMA Hazard Mitigation Hazardous Waste Discharge Housing UJIMA Liveable Communities Local law Enforcement Block Grant Mercer County Neighborhood Redevelopment Municipal Alliance Grant NJ Manufacturers EMS Grant NJ Transportation Trust NJDLPS Homeland Security Recreation for People with Disabilities Public Health Priority Funding Safe and Secure Safe Schools and Communities Program Small Cities Senior Center Smart Future Planning Grant Tobacco Age of Sale Enforcement Vest Partnership Program Totals

4,320.00 26,037.02 419.72 50,000.00 150,000.00 553.15 121,976.00 2,000.00 835,250.00 26,852.00 -

31,215.79 100,000.00

74,000.00

45,000.00 20,121.00 204,757.53 29,000.00 55,000.00 8,509.50 1,534,795.92

175,000.00

19,230.00 60,000.00 60,000.00

564,445.79

2,405.72 7,906.45 49,662.50 100,000.00 2,984.37 21,357.18 61,362.26 5,000.00 659,750.00 26,852.00 19,935.00 30,637.00 250,382.98 2,625.00 19,678.00 41,446.00 1,260.00 3,994.80 1,307,239.26

filed

not filed

in FY 2004

in FY 2004

2,405.72 7,906.45 3,500.00 6,312.47 21,979.58

5,000.00

19,400.00

19,935.00 34,560.00 1,000.00 200,000.00 7,500.00

400,000.00 85,000.00

728,747.17

1,260.00 3,594.00 90,606.05

Balance June 30, 2004 4,320.00 7,590.31 3,919.72 50,000.00 3,328.10 622.40 88,637.74 74,000.00 19,953.15 121,976.00 2,000.00 175,500.00 45,000.00 24,044.00 1,000.00 329,374.55 29,000.00 4,875.00 (448.00) 60,000.00 73,554.00 400,000.00 85,000.00 8,108.70 1,611,355.67

SCHEDULE OF APPROPRIATED RESERVES FOR FEDERAL AND STATE GRANTS Balance Grant June 30, 2003

Sheet 11

Aggressive Driver All Hazards Planning Grant (SLAEHOP) Body Armor Replacement Fund Clean Communities Grant Cops in Shops COPS Universal Hiring Grant Drunk Driving Enforcement Fund Domestic Preparedness Domestic Violence DOT Liveable Communities DOT Safe Streets to Schools Emergency Management Assistance FEMA Hazard Mitigation GM Site Survey Hazardous Waste Discharge Housing UJIMA Liveable Communities Legislative Grant for Hollowbrook Ctr Local law Enforcement Block Grant Lower Ferry Road LLC Gift Mercer County Neighborhood Redevelopment Municipal Alliance Grant NJ Manufacturers EMS Grant NJ Transportation Trust NJDLPS Homeland Security Recreation for People with Disabilities Public Health Priority Funding Safe and Secure Safe Schools and Communities Program Small Cities Senior Center Smart Future Planning Grant Sorce Gift Tobacco Age of Sale Enforcement Vest Partnership Program TOTALS

Transferred from 2004 Budget Appropriations Budget Appropriation By 40A:4-87

Budget Municipal Match

SFY04

Expended

Chapter 159's not filed in FY 2004

4,960.00 2,405.72 7,906.45 13,267.46

31,215.79

60,000.00 10,199.28

100,000.00

1,198.00 10,584.76 3,500.00 124,000.00 6,312.47 21,979.58

470.71 150,000.00

20,800.00 3,182.00 16,881.45 12,531.35 1,800.00 12,284.01 659,750.00

74,000.00 1,610.60 60,693.01 7,884.75 5,969.87 835,250.00 26,852.00 119.76 26,022.96 3,336.80 (24,758.14) 2,658.00 29,000.00

5,000.00

19,935.00

44,441.50

45,000.00 33,988.87 175,000.00

19,400.00

37,470.00 39,978.01 1,000.00 200,000.00

34,560.00

156,432.75 21,979.58

7,500.00 7,510.05 (46.00) 17,497.66

19,230.00 60,046.00 60,000.00

15,956.79 144,000.00 20,000.00

10,927.71

288,000.00

2,927.82 176.00 4,792.00 1,074,093.73

400,000.00 85,000.00 1,404.00 8,468.13 1,248,370.90

598,480.66

728,747.17

1,260.00 3,594.00 90,606.05

Balance June 30, 2004 4,960.00 2,405.72 6,708.45 33,898.49 3,500.00 284,000.00 16,511.75 21,979.58 470.71 129,200.00 70,818.00 9,129.15 48,161.66 6,084.75 (6,314.14) 175,500.00 26,852.00 119.76 1,516.46 3,336.80 7,530.00 3,812.72 1,000.00 221,225.25 7,020.42 7,500.00 10,783.26 204,000.00 86,569.95 400,000.00 85,000.00 (2,927.82) 2,488.00 7,270.13 1,880,111.05

SCHEDULE OF UNAPPROPRIATED RESERVES FOR FEDERAL AND STATE GRANTS

SFY04

Transferred to 2004 Grant

Balance June 30, 2003

Received

Budget Appropriations Budget

Balance

Appropriation

June 30, 2004

By 40A:4-87

Sheet 12 TOTALS

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

SFY04

*LOCAL DISTRICT SCHOOL TAX

Debit Balance July 1, 2003

Credit

xxxxxxxxxx

School Tax Payable#

xxxxxxxxxx

85001-00

School Tax Deferred

1,638,377.00 xxxxxxxxxx

(Not in excess of 50% of Levy - 2002-2003)

-

85002-00

Levy School Year July 1, 2003 - June 30, 2004

xxxxxxxxxx

Levy Calendar Year

xxxxxxxxxx

Paid

43,431,093.00

xxxxxxxxxx

Balance June 30, 2004

xxxxxxxxxx

xxxxxxxxxx

School Tax Payable #

85003-00

School Tax Deferred (Not in excess of 50% of Levy - 2003-2004)

41,792,712.00

-

xxxxxxxxxx

-

xxxxxxxxxx

85004-00

* Not including Type 1 school debt service, emergency authorizations-schools, transfer to Board of Education for use of local schools.

43,431,093.00

43,431,089.00

# Must include unpaid requisitions

MUNICIPAL OPEN SPACE TAX

N/A

Debit

Credit

Balance July 1, 2003

85045-00

xxxxxxxxxx

-

2004 Levy

81105-00

xxxxxxxxxx

-

xxxxxxxxxx

-

Interest Earned Expenditures Balance June 30, 2004

85046-00

Sheet 13

-

xxxxxxxxxx

-

xxxxxxxxxx -

SFY04

* REGIONAL SCHOOL TAX

N/A

(Provide a separate statement for each Regional District involved) Debit Balance July 1, 2003

Credit

xxxxxxxxxx

xxxxxxxxxx

85031-00

xxxxxxxxxx

-

85032-00

xxxxxxxxxx

-

Levy School Year July 1, 2003- June 30, 2004

xxxxxxxxxx

-

Levy Calendar Year

xxxxxxxxxx

-

-

xxxxxxxxxx

xxxxxxxxxx

xxxxxxxxxx

-

xxxxxxxxxx

-

xxxxxxxxxx

-

-

-

-

School Tax Payable # School Tax Deferred (Not in excess of 50% of Levy - 2002-2003)

Paid Balance June 30, 2004 School Tax Payable #

85033-00

School Tax Deferred (Not in excess of 50% of Levy - 2003-2004)

85034-00

#Must include unpaid requisitions

REGIONAL HIGH SCHOOL TAX

N/A

Debit Balance July 1, 2003

Credit

xxxxxxxxxx

xxxxxxxxxx

85021-00

xxxxxxxxxx

-

85022-00

xxxxxxxxxx

-

Levy School Year July 1, 2003- June 30, 2004

xxxxxxxxxx

-

Levy Calendar Year

xxxxxxxxxx

-

-

xxxxxxxxxx

xxxxxxxxxx

xxxxxxxxxx

85023-00

-

xxxxxxxxxx

85024-00

-

xxxxxxxxxx

-

-

School Tax Payable # School Tax Deferred (Not in excess of 50% of Levy - 2002-2003)

Paid Balance June 30, 2004 School Tax Payable # School Tax Deferred (Not in excess of 50% of Levy - 2003-2004) # Must include unpaid requisitions

Sheet 14

SFY04

COUNTY TAXES PAYABLE

Debit Balance July 1, 2003

Credit

xxxxxxxxxx

County Taxes

80003-01

xxxxxxxxxx

Due County for Added and Omitted Taxes 80003-02

xxxxxxxxxx

Levy

xxxxxxxxxx (998,574.88) -

xxxxxxxxxx

xxxxxxxxxx

Underbilling of Nonmunicipal Taxes raised

998,574.88

General County

80003-03

xxxxxxxxxx

12,953,393.18

County Library

80003-04

xxxxxxxxxx

1,197,748.55

County Health

xxxxxxxxxx

County Open Space Preservation

80002-00

xxxxxxxxxx

461,960.45

Due County for Added and Omitted Taxes 80003-05

xxxxxxxxxx

154,634.98

Paid

14,767,737.16

Balance June 30, 2004

xxxxxxxxxx

xxxxxxxxxx xxxxxxxxxx

County Taxes Payable (Prepaid)

-

xxxxxxxxxx

Due County for Added and Omitted Taxes

-

xxxxxxxxxx

14,767,737.16

SPECIAL DISTRICT TAXES

N/A

Debit Balance July 1, 2003

80003-06

Levy: (List Each Type of District Tax Separately - see Footnote)

14,767,737.16

Credit

xxxxxxxxxx

-

xxxxxxxxxx

xxxxxxxxxx

Fire -

81108-00

-

xxxxxxxxxx

xxxxxxxxxx

Sewer -

81111-00

-

xxxxxxxxxx

xxxxxxxxxx

Water -

81112-00

-

xxxxxxxxxx

xxxxxxxxxx

Garbage -

81109-00

-

xxxxxxxxxx

xxxxxxxxxx

xxxxxxxxxx

xxxxxxxxxx

xxxxxxxxxx

xxxxxxxxxx

Total Levy

80003-07

xxxxxxxxxx

-

Paid

80003-08

-

xxxxxxxxxx

Balance June 30, 2004

80003-09

-

xxxxxxxxxx

Footnote: Please state the number of districts in each instance.

Sheet 15

-

SFY04

STATE LIBRARY AID

N/A

RESERVE FOR MAINTENANCE OF FREE PUBLIC LIBRARY WITH STATE AID

Debit

Credit

Balance July 1, 2003

80004-01

xxxxxxxxxx

-

State Library Aid Received

80004-02

xxxxxxxxxx

-

Expended

80004-09

Balance June 30, 2004

-

80004-10

xxxxxxxxxx

-

-

-

-

-

-

RESERVE FOR EXPENSE OF PARTICIPATION IN FREE COUNTY LIBRARY WITH STATE AID

Debit

Credit

Balance July 1, 2003

80004-03

xxxxxxxxxx

-

State Library Aid Received

80004-04

xxxxxxxxxx

-

Expended

80004-11

Balance June 30, 2004

-

80004-12

xxxxxxxxxx

-

-

-

-

-

-

RESERVE FOR AID TO LIBRARY OR READING ROOM WITH STATE AID(N.J.S.A. 40:54-35)

Debit

Credit

Balance July 1, 2003

80004-05

xxxxxxxxxx

-

State Library Aid Received

80004-06

xxxxxxxxxx

-

Expended

80004-13

Balance June 30, 2004

-

80004-14

xxxxxxxxxx

-

-

-

-

-

-

RESERVE FOR LIBRARY SERVICES WITH FEDERAL AID

Debit

Credit

Balance July 1, 2003

80004-07

xxxxxxxxxx

-

State Library Aid Received

80004-08

xxxxxxxxxx

-

Expended

80004-15

Balance June 30, 2004

80004-16

Sheet 16

-

xxxxxxxxxx

-

-

-

-

-

-

SFY 2004 STATEMENT OF GENERAL BUDGET REVENUES SFY 2004 Source

Surplus Anticipated

80101-

Budget

Realized

Excess or Deficit*

-01

-02

-03

-

-

-

Surplus Anticipated with Prior Written Consent of Director of Local Government

80102-

401,799.77

401,799.77

xxxxxxxxxxxxx

xxxxxxxxxxxxx

xxxxxxxxxxxxx

Adopted Budget

25,271,689.79

25,796,921.27

525,231.48

Added by N.J.S. 40A:4-87: (List on 17a)

xxxxxxxxxxxxx

xxxxxxxxxxxxx

xxxxxxxxxxxxx

728,747.17

728,747.17

26,000,436.96

26,525,668.44

525,231.48

1,421,957.62

1,834,169.55

412,211.93

xxxxxxxxxxxxx

xxxxxxxxxxxxx

xxxxxxxxxxxxx

8,635,748.92

xxxxxxxxxxxxx

xxxxxxxxxxxxx

xxxxxxxxxxxxx

xxxxxxxxxxxxx

8,635,748.92

10,201,336.76

1,565,587.84

36,459,943.27

38,962,974.52

2,503,031.25

Miscellaneous Revenue Anticipated:

Chapter 159 Total Miscellaneous Revenue Anticipated

80103-

Receipts from Delinquent Taxes Amount to be Raised by Taxation: (a) Local Tax for Municipal Purposes

80105-

(b) Addition to Local District School Tax

80106-

Total Amount to be Raised by Taxation

80107-

-

-

-

ALLOCATION OF CURRENT TAX COLLECTIONS Debit Current Taxes Realized in Cash (Total of Item 10 or 14 on Sheet 22)

80108-00

Amount to be Raised by Taxation

Credit

xxxxxxxxxxxxx

66,975,367.88

xxxxxxxxxxxxx xxxxxxxxxxxxxxxx

Local District School Tax

80109-00

Vocational School District

41,792,712.00 xxxxxxxxxxxxxxxx -

xxxxxxxxxxxxxxxx

Regional School Tax

80119-00

-

xxxxxxxxxxxxxxxx

Regional High School Tax

80110-00

-

xxxxxxxxxxxxxxxx

County Taxes

80111-00

14,613,102.18 xxxxxxxxxxxxxxxx

Due County for Added and Omitted Taxes

80112-00

154,634.98 xxxxxxxxxxxxxxxx

Special District Taxes

80113-00

Reserve for Uncollected Taxes

80114-00

xxxxxxxxxxxxx

xxxxxxxxxxxxxxxx 215,789.00

429,370.96 80115-00

-

Balance for Support of Municipal Budget (or)

80117-00

10,201,336.76 xxxxxxxxxxxxxxxx

*Deficit Non-Budget Revenue (see footnote)

80118-00

xxxxxxxxxxxxx 67,191,156.88

*These items are applicable only when there is no "Amount to be Raised by Taxation" in the "Budget" column of the statement at the top of this sheet. In such instances, any excess or deficit in the above allocation would apply to "Non-Budget Revenue" only.

Sheet 17

67,191,156.88

SFY 2004

STATEMENT OF GENERAL BUDGET REVENUES 2004 (Continued) Miscellaneous Revenues Anticipated: Added By N.J.S. 40A:4-87 Source

Budget

Realized

Excess or Deficit

Recreation For Individuals With Disabili

7,500.00

7,500.00

-

SLAEHOP

2,405.72

2,405.72

-

Small Cities-Senior Ctr.

400,000.00

400,000.00

-

NJ Transportation Trust Fund-

200,000.00

200,000.00

-

Smart Future Planning Grant

85,000.00

85,000.00

-

Local Law Enforcement Block Grant

19,935.00

19,935.00

-

NJ Manufacturers- EMS

1,000.00

1,000.00

-

Body Armor Replacement Grant

7,906.45

7,906.45

-

Emergency Management Assistance Grant

5,000.00

5,000.00

-

728,747.17

728,747.17

Total to Sheet 17

(Do not crowd - add additional sheets) Sheet 17 (a)

0.00

SFY 2004 STATEMENT OF GENERAL BUDGET APPROPRIATIONS 2004

SFY 2004 Budget as Adopted

80012-01 35,731,196.10

ASY 2004 Budget-Added by N.J.S. 40A:4-87

80012-02

Appropriated for SFY 2004 (Budget Statement Item 9)

80012-03 36,459,943.27

Appropriated for SFY 2004 by Emergency Appropriation (Budget Statement Item 9)

80012-04

Total General Appropriations (Budget Statement Item 9)

80012-05 37,501,913.49

Add: Overexpenditures (see footnote)

80012-06

728,747.17 1,041,970.22 1,596,575.73

80012-07 39,098,489.22

Total Appropriations and Overexpenditures Deduct Expenditures: Paid or Charged [Budget Statement Item (L)]

80012-08

38,730,184.24

Paid or Charged - Reserve for Uncollected Taxes

80012-09

215,789.00

Reserved

80012-10

152,515.98

Total Expenditures

80012-11

Unexpended Balances Canceled (see footnote)

39,098,489.22 -

80012-12

FOOTNOTES - RE: OVEREXPENDITURES: Every appropriation overexpended in the budget document must be marked with an * and must agree in the aggregate with this item. RE: UNEXPENDED BALANCES CANCELED: Are not to be shown as "Paid or Charged" in the budget document. In all instances "Total Appropriations" and "Overexpenditures" must equal the sum of "Total Expenditures" and "Unexpected Balances Canceled"

SCHEDULE OF EMERGENCY APPROPRIATIONS FOR LOCAL DISTRICT SCHOOL PURPOSES (EXCEPT FOR TYPE I SCHOOL DEBT SERVICE)

SFY 2004 Authorizations N.J.S. 40A:4-46 (After adoption of Budget) N.J.S. 40A:4-20 (Prior to adoption of Budget) Total Authorizations Deduct Expenditures: Paid or Charged Reserved Total Expenditures

Sheet 18

N/A

RESULTS OF SFY 2004 OPERATION

SFY 2004

CURRENT FUND

Excess of anticipated Revenues: Miscellaneous Revenues anticipated

80013-01

Municipal taxes Delinquent Tax Collections

80013-02

Debit

Credit

xxxxxxxxxxxxx

xxxxxxxxxxxxx

xxxxxxxxxxxxx

513,011.48

xxxxxxxxxxxxx

1,565,587.84

xxxxxxxxxxxxx

412,211.93

xxxxxxxxxxxxx

-

80013-03

xxxxxxxxxxxxx

-

Unexpended Balances of SFY 2004 Budget Approp

80013-04

xxxxxxxxxxxxx

-

Miscellaneous Revenue Not Anticipated

81113-

xxxxxxxxxxxxx

Miscellaneous Revenue Not Anticipated: Proceeds of Sale of Foreclosed Property (sheet 27)

81114-

xxxxxxxxxxxxx

81114-

xxxxxxxxxxxxx

81120-

xxxxxxxxxxxxx

-

xxxxxxxxxxxxx

-

Required Collection of Current Taxes

Payments in Lieu of Taxes on Real Property Sale of Municipal Assets Unexpended Balances of SFY 2003 Approp. Res

80013-05

xxxxxxxxxxxxx

Prior Years Intefunds Returned in FY 2004

80013-06

xxxxxxxxxxxxx

268,421.55 -

65,909.73 -

Prior Year Adjustments

xxxxxxxxxxxxx

353,086.38

Deferred School Tax Revenue: (see School Taxes, Sheets 13 & 14)

xxxxxxxxxxxxx

xxxxxxxxxxxxx

Balance July 1, 2003

80013-07

Balance June 30, 2004

80013-08

Deficit in Anticipated Revenues:

xxxxxxxxxxxxx xxxxxxxxxxxxx

xxxxxxxxxxxxx xxxxxxxxxxxxx

Miscellaneous Revenues Anticipated

80013-09

-

xxxxxxxxxxxxx

Delinquent Tax Collections

80013-10

-

xxxxxxxxxxxxx

Required Collection of Current Taxes

80013-11

-

xxxxxxxxxxxxx

80013-12

-

xxxxxxxxxxxxx

Interfund Advances Originating in SFY 2004 Tax Appeals Closed to Operations

161,880.66

xxxxxxxxxxxxx

Deficit Balance - To Trial Balance (sheet 3)

80013-13

xxxxxxxxxxxxx

Surplus Balance - To Surplus (Sheet 21)

80013-14

3,016,348.25

xxxxxxxxxxxxx

3,178,228.91

3,178,228.91

Sheet 19

-

SFY 2004

SCHEDULE OF MISCELLANEOUS REVENUES NOT ANTICIPATED AMOUNT REALIZED

Tax Collector

53,632.25

Telephone Commissions

203.02

Recycling Income

5,761.29

Hotel Fee

6,635.10

Miscellaneous

202,189.89

Total Amount of Miscellaneous Revenues Not Anticipated (Sheet 19)

268,421.55

(Do not crowd - add additional sheets)

Sheet 20

SURPLUS - CURRENT FUND SFY 2004

SFY04

Debit 1. Balance July 1, 2003

80014-01

2.

Credit

xxxxxxxxxx xxxxxxxxxx

3. Excess Resulting from SFY 2004 Operations

80014-02

xxxxxxxxxx

4. Amount Appropriated in SFY 2004 Budget-Cash

80014-03

-

5. Amount Appropriated in SFY 2004 Budget - with Prior

80014-04

305,775.00 3,016,348.25 xxxxxxxxxx

401,799.77 xxxxxxxxxx

Written Consent of Director of Local Government Services 6.

-

7. Balance June 30, 2004

80014-05

xxxxxxxxxx

2,920,323.48

xxxxxxxxxx

3,322,123.25

3,322,123.25

ANALYSIS OF BALANCE JUNE 30, 2004 (FROM CURRENT FUND - TRIAL BALANCE)

Cash

80014-06

713,813.12

80014-07

-

Sub-total

713,813.12

Deduct Cash Liabilities Marked with "C" on Trial Balance

80014-08

Cash Surplus

80014-09

Deficit in Cash Surplus

80014-10

1,034,051.78 (320,238.66)

Other Assets Pledged to Surplus: * (1) Due from State of NJ Senior Citizens & Veterans Deduction

80014-16

591,250.00

Deferred Charges

80014-12

2,649,312.14

Cash Deficit #

80014-13

Total Other Assets

-

80014-14

3,240,562.14

80014-15

2,920,323.48

*IN THE CASE OF A "DEFICIT IN CASH SURPLUS", "OTHER ASSETS WOULD ALSO BE PLEDGED TO CASH LIABILITIES. # MAY NOT BE ANTICIPATED AS NON-CASH SURPLUS IN SFY 2002 BUDGET. (1) MAY BE ALLOWED UNDER CERTAIN CONDITIONS. NOTE: Deferred charges for authorizations under N.J.S. 40A:4-55 (Tax Map, etc.), N.J.S. 40A:4-55 (Flood Damage, etc.), N.J.S. 40A:4-55.1 (Roads and Bridges, etc.) and N.J.S. 40A:4-55.13 (Public Exigencies, etc.) to the extent of emergency notes issued and outstanding for such purposes, together with such emergency notes, may be omitted from this analysis.

Sheet 21

(FOR MUNICIPALITIES ONLY)

CURRENT TAXES - 2004 LEVY

SFY04

1. Amount of Levy as per Duplicate (Analysis) # or (Abstract of Ratables)

82101-00

66,481,996.98

2. Amount of Levy Special District Taxes

82102-00

3. Amount Levied for Omitted Taxes under N.J.S.A. 54:4-63.12 et seq.

82103-00

78,303.03

4. Amount Levied for Added Taxes under N.J.S.A. 54:4-63.1 et. seq.

82104-00

627,297.07

5a. Sub-total 2004 Levy 5b. Reductions due to tax appeals 5c. Total 2004 Tax Levy

82106-00

67,187,597.08 67,187,597.08

6. Transferred to Tax Title Liens

82107-00

59,295.22

7. Transferred to Foreclosed Property

82108-00

8. Remitted, Abated or Canceled, other adjustments

82109-00

9. Discount Allowed

82110-00

82113-00

10. Collected in Cash: In 2003 In 2004* REAP Revenue State's Share of 2004 Senior Citizens and Veterans Deductions Allowed Total To Line 14

-

(13,845.21)

82121-00 82122-00

81,632.18 66,302,485.70

82123-00

591,250.00 82111-00

66,975,367.88

11. Total Credits

67,020,817.89

12. Amount Outstanding June 30, 2004

83120-00

166,779.19

13. Percentage of Cash Collections to Total 2004 Levy, (Item 10 divided by Item 5) is 99.684% 82112-00 14. Calculation of Current Taxes Realized in Cash: Total of Line 10 Less: Reserve for Tax Appeals Pending State Division of Tax Appeals

66,975,367.88 -

To Current Taxes Realized in Cash (Sheet 17)

66,975,367.88

Note A: In showing the above percentage the following should be noted: Where Item 5 shows $1,500,000.00, and Item 10 shows $1,049,977.50 the percentage represented by the cash collections would be '$1,049,977.50 divided by $1,500,000, or .699985. The correct be shown as Item 13 is 69.99% and not 70.00%, nor 69.999% # Note: On Item 1 if Duplicate (Analysis) Figure is used; be sure to include Senior Citizens and Veterans Deductions. * Include overpayments applied as part of 2002 collections and Bell Atlantic Replacement Revenue

Sheet 22

SFY 2004

ACCELERATED TAX SALE / TAX LEVY SALE - CHAPTER 99 To Calculate Underlying Tax Collection Rate for 2004 Utilize this sheet only if you conducted an Accelerated Tax Sale or Tax Levy Sale pursuant to Chapter 99, P.L. 1997.

(1) Utilizing Accelerated Tax Sale Total of Line 10 Collected in Cash (sheet 22)

$

66,975,367.88

Less: Proceeds from Accelerated Tax Sale

$

250.00

$

66,975,617.88

$

67,187,597.08

NET Cash Collected Line 5c (sheet 22) Total 2004 Tax Levy Precentage of Collection Excluding Accelerated Tax Sale Proceeds (Net Cash Collected divided by Item 5c) is

99.68%

N/A (2) Utilizing Tax Levy Sale Total of Line 10 Collected in Cash (sheet 22)

$

Less: Proceeds from Tax Levy Sale (excluding premium)

$

NET Cash Collected Line 5c (sheet 22) Total 2004 Tax Levy

$ $

Precentage of Collection Excluding Accelerated Tax Sale Proceeds (Net Cash Collected divided by Item 5c) is

%

Sheet 22 (a)

SCHEDULE OF DUE FROM/TO STATE OF NEW JERSEY FOR SENIOR CITIZENS AND VETERANS DEDUCTIONS

SFY04

Debit 1.Balance July 1, 2003

Credit

xxxxxxxxxx

Due From State of New Jersey

401,799.77

Due To State of New Jersey

xxxxxxxxxx

xxxxxxxxxx xxxxxxxxxx -

2. Sr. Citizens Deductions Per Tax Billings

139,000.00

xxxxxxxxxx

3. Veterans Deductions Per Tax Billings

438,250.00

xxxxxxxxxx

4. Sr. Citizens Deductions Allowed By Tax Collector

8,750.00

xxxxxxxxxx

5. Veterans Deductions Allowed By Tax Collector

5,750.00

xxxxxxxxxx

10,500.00

xxxxxxxxxx

6. Veterans Deductions Allowed By Tax Collector SFY 2003 Taxes 7. Sr. Citizens Deductions Disallowed By Tax Collector

xxxxxxxxxx

7,750.00

8. Sr. Citizens Ded. Disallowed.By Tax Collector SFY 2002

xxxxxxxxxx

3,250.00

9. Received in Cash from State

xxxxxxxxxx

611,000.00

10. Prior Year Adjustment

209,200.23

11. 12. Balance June 30, 2004 Due From State of New Jersey

-

-

xxxxxxxxxx

xxxxxxxxxx

xxxxxxxxxx

Due To State of New Jersey

1,213,250.00

Calculation of Amount to be included on Sheet 22, Item 10'SFY 2004 Senior Citizens and Veterans Deductions Allowed

Line 2

139,000.00

Line 3

438,250.00

Line 4, 5, & 6 Sub-Total Less: Line 7 To Item 10, Sheet 22

25,000.00 602,250.00 11,000.00 591,250.00

Sheet 23

-

591,250.00 xxxxxxxxxx 1,213,250.00

SFY04 SCHEDULE OF RESERVE FOR TAX APPEALS PENDINGN.J. DIVISION OF TAX APPEALS (N.J.S.A. 54:3-27)

N/A

Debit Balance July 1, 2003

xxxxxxxxxx

Credit -

Tax Pending Appeals

xxxxxxxxxx xxxxxxxxxx

Interest Earned on Taxes Pending Appeals

xxxxxxxxxx xxxxxxxxxx

Contested Amount of 1998 Taxes Collected which are Pending State Appeal (Item 14, Sheet 22)

xxxxxxxxxx

Interest Earned on Taxes Pending State Appeals

xxxxxxxxxx

Cash Paid to Appelants (Including 5% Interest from Date Payment)

xxxxxxxxxx

Closed to Results of Operations (Portion of Appeal won by Municipality, including Interest)

xxxxxxxxxx

Balance June 30, 2004

-

xxxxxxxxxx

Taxes Pending Appeals*

xxxxxxxxxx xxxxxxxxxx

Interest Earned on Taxes Pending Appeals

xxxxxxxxxx xxxxxxxxxx -

* Includes State Tax Court and County Board of Taxation Appeals Not Adjusted by June 30, 2004.

Signature of Tax Collector

License #

Date

Sheet 24

-

SFY04 COMPUTATION OF APPROPRIATION: RESERVE FOR UNCOLLECTED TAXES AND AMOUNT TO BE RAISED BY TAXATION IN SFY 2005 MUNICIPAL BUDGET SFY 2005

SFY 2004

1. Total General Appropriations for SFY 2005 Municipal Budget Statement Item 8 (L) 80015-

38,343,322.01 xxxxxxxxxxxxxxxx

Billing 7/1 - 12/31

80016-

21,863,637.00

Billing 1/1 - 6/30**

80017-

20,863,637.00 xxxxxxxxxxxxxxxx

(Exclusive of Reserve for Uncollected Taxes) 2. Local District School Tax-School Budget

3. Vocational School Tax

Billing 7/1 - 12/31 Billing 1/1 - 6/30*

4. Regional School District Tax

xxxxxxxxxxxxxxxx

Billing 7/1 - 12/31 Billing 1/1 - 6/30*

5. Regional High School Tax-School Budget

6. County Tax

7. Special District Taxes

xxxxxxxxxxxxxxxx

Billing 7/1 - 12/31

80018-

Billing 1/1 - 6/30*

80019-

Billing 7/1 - 12/31

80020-

7,865,235.70

Billing 1/1 - 6/30*

80021-

7,635,002.30 xxxxxxxxxxxxxxxx

Billing 7/1 - 12/31

80022-

Billing 1/1 - 6/30*

80023-

8. Total General Appropriations & Other Taxes 9. Less: Total Anticipated Revenues from SFY 2005 in Municipal Budget (Item 5)

xxxxxxxxxxxxxxxx

xxxxxxxxxxxxxxxx

80024-01

96,570,834.01

80024-02

28,706,344.57

10. Cash Required from SFY 2005 Taxes to Support Local Municipal Budget & 80024-03

67,864,489.44

99.60% [820024-04]

68,137,037.59

Other Taxes 11. Amount of Item 10 Divided by

Equals Amount to be Raised by Taxation (Percentage used must not exceed the applicable percentage shown by Item 13, Sheet 22)

80024-05

Analysis of Item 11: Local District School Tax

42,727,274.00

(Amount Shown on Line 2 Above)

* May not be stated in an amount less than "actual" Tax of year SFY 2004.

Vocational School Tax (Amount Shown on LIne 3 Above) Regional School District Tax (Amount Shown on Line 4 Above) Regional High School Tax (Amount Shown on Line 5 Above)

15,500,238.00

County Tax (Amount Shown on Line 6 Above) Special District Tax (Amount Shown on Line 7 Above)

9,909,525.59

Tax in Local Municipal Budget

68,137,037.59

Total Amount (see Line 11)

272,548.15 Note: The amount

12. Appropriation: Reserve for Uncollected Taxes (Budget Statement, Item 8 (M) (Item 11, Less Item 10)

80024-06

of anticipated

38,343,322.01 revenues (Item 9)

Computation of "Tax in Local Municipal Budget" Item 1 - Total General Appropriations

272,548.15 may never

Item 12 - Appropriation: Reserve for Uncollected Taxes

38,615,870.16 exceed the total

Sub-Total

28,706,344.57 of Items 1 & 12.

Less: Item 9 - Total Anticipated Revenues Amount to be Raised by Taxation in Municipal Budget

** Must be stated in the amount of the proposed budget submitted by the Local Board of Education to the Commissioner of Education on January 15, 2004 (Chap.136, P.L. 1978). Consideration must be given to calendar year calculation.

80024-07

Sheet 25

9,909,525.59

SCHEDULE OF DELINQUENT TAXES AND TAX TITLE LIENS

DEBIT

1. Balance July 1, 2003

2,676,060.30

SFY 2004

CREDIT

xxxxxxxxxx

A. Taxes

83102-00

2,325,209.32 xxxxxxxxxx

xxxxxxxxxx

B. Tax Title Liens

83103-00

350,850.98 xxxxxxxxxx

xxxxxxxxxx

xxxxxxxxxx

xxxxxxxxxx

2. Canceled: A. Taxes (including PY Adj for SS&V Rec)

83105-00

xxxxxxxxxx

B. Tax Title Liens

83106-00

xxxxxxxxxx

-

xxxxxxxxxx

xxxxxxxxxx

3. Transferred to Foreclosed Tax Title Liens: A. Taxes

83108-00

xxxxxxxxxx

B. Tax Title Liens

83109-00

xxxxxxxxxx

4. Added Taxes

83110-00

5. Added Tax Title Liens

83111-00

6. Adjustment between Taxes (Other than current year) & Tax Title Liens: A. Taxes - Transfers to Tax Title Liens

83104-00

B. Tax Title Liens - Transfers from Taxes

83107-00

366,825.10

120,315.86 xxxxxxxxxx

10,146.61 xxxxxxxxxx xxxxxxxxxx 250.00

xxxxxxxxxx xxxxxxxxxx 250.00 xxxxxxxxxx

7. Balance Before Cash Payments

xxxxxxxxxx

2,199,065.95

8. Totals

2,686,456.91

2,686,456.91

9. Balance Brought Down

2,199,065.95

xxxxxxxxxx

10. Collected

xxxxxxxxxx

1,834,169.55

A. Taxes

83116-00

1,834,169.55 xxxxxxxxxx

xxxxxxxxxx

B. Tax Title Liens

83117-00

xxxxxxxxxx

xxxxxxxxxx

11. Interest and Costs - SFY 2004 Tax Sale

83118-00

12.SFY 2004 Taxes Transferred to Liens

83119-00

59,295.22

xxxxxxxxxx

13.SFY 2004 Taxes

83123-00

166,779.19

xxxxxxxxxx

14 Balance June 30, 2004

xxxxxxxxxx

xxxxxxxxxx

620,970.81

A. Taxes

83121-00

290,743.86 xxxxxxxxxx

xxxxxxxxxx

B. Tax Title Liens

83122-00

300,226.95 xxxxxxxxxx

xxxxxxxxxx

15. Totals

2,425,140.36

16. Percentage of Cash Collections to Adjusted Amount Outstanding (Item No. 10 divided by Item No. 9) is 17. Item No. 14 multiplied by percentage shown above is maximum amount that my be anticipated in SFY 2005 .

83.41% $

517,931.60 83125-00

(See Note A on Sheet 22 - Current Taxes) (1) These amount will always be the same.

Sheet 26

and represents the

2,455,140.36

SCHEDULE OF FORECLOSED PROPERTY

SFY 2004

(PROPERTY ACQUIRED BY TAX TITLE LIEN LIQUIDATION) Debit

1. Balance July 1, 2003

84101-00

2. Foreclosed or Deeded in SFY 2004

Credit

1,742,612.00

xxxxxxxxxxxxx

xxxxxxxxxxxxx

xxxxxxxxxxxxx

120,315.86

xxxxxxxxxxxxx

3.

Tax Title Liens

84103-00

4.

Taxes Receivable

84104-00

-

xxxxxxxxxxxxx

5A. Balance Detail to Control

84102-00

-

xxxxxxxxxxxxx

5B.

84105-00

6.

Adjustment to Assessed Valuation

84106-00

7.

Adjustment to Assessed Valuation

84107-00

8. Sales

xxxxxxxxxxxxx -

xxxxxxxxxxxxx

xxxxxxxxxxxxx

897,327.86

xxxxxxxxxxxxx

xxxxxxxxxxxxx

9.

Cash *

84109-00

xxxxxxxxxxxxx

-

10.

Contract

84110-00

xxxxxxxxxxxxx

-

11.

Mortgage

84111-00

xxxxxxxxxxxxx

-

12.

Loss on Sales

84112-00

xxxxxxxxxxxxx

-

13.

Gain on Sales

84113-00

14. Balance June 30, 2004

84114-00

-

xxxxxxxxxxxxx

xxxxxxxxxxxxx

965,600.00

1,862,927.86

1,862,927.86 N/A

CONTRACT SALES Debit

Credit

15. Balance July 1, 2003

84115-00

-

xxxxxxxxxxxxx

16. 2003 Sales from Foreclosed Property

84116-00

-

xxxxxxxxxxxxx

17. Collected *

84117-00

xxxxxxxxxxxxx

-

18.

84118-00

xxxxxxxxxxxxx

-

19. Balance June 30, 2004

84119-00

xxxxxxxxxxxxx

-

MORTGAGE SALES

N/A

Debit

Credit

20. Balance July 1, 2003

84120-00

-

xxxxxxxxxxxxx

21. SFY 2002 Sales from Foreclosed Property

84121-00

-

xxxxxxxxxxxxx

22. Collected *

84122-00

xxxxxxxxxxxxx

-

23.

84123-00

xxxxxxxxxxxxx

-

24. Balance June 30, 2004

84124-00

xxxxxxxxxxxxx

-

Analysis of Sale of Property: *Total Cash Collected in SFY 20024 Realized in SFY 2004 Budget To Results of Operation (Sheet 19)

-

$ (84125-00)

Sheet 27

-

SFY 2004

DEFERRED CHARGES - MANDATORY CHARGES ONLY CURRENT, TRUST, AND GENERAL CAPITAL FUNDS (Do not include the emergency authorizations pursuant to N.J.S. 40A:4-55, N.J.S. 40A:4-55.1 or N.J.S. 40A:4-55.13 listed on Sheets 29 and 30) Amount June 30, 2003 per Audit Report

Caused By

Amount in SFY 2004 Budget

Amount Resulting from SFY 2004

Balance as at June 30, 2004

1. Emergency Authorization Municipal*

400,000.00

400,000.00

1,041,970.22

1,041,970.22

2. Emergency Authorizations Schools

-

-

-

-

3. Deficit in Operations- FY 2003

231,648.31

231,648.00

4. Overexpenditure of Appropriations

312,726.54

312,726.54

1,596,575.73

1,596,575.73

40,285.88

40,849.60

563.72

27,301.37

26,078.50

10,766.19

11,989.06

7,831.49

7,831.49

30,461.93

30,461.93

8. Overexpenditure of Const. Planning Zoning Trust

56,690.42

56,690.42

6,190.40

6,190.40

9. Overexpenditure of Improvement Authorizations

8,461.74

8,461.74

-

-

34,034.87

34,034.87

-

-

5. Deficit in Community Center Reserve

-

6. Overexpenditure of App Reserves 7. Overexpenditure of Self Insurance Fund

10. Overexpenditure of Grand Programs 11. Expenditures without Appropriations - Grant Fund

1,078,694.74

1,117,757.44

-

0.31

37,580.03

37,580.03

2,764,394.10

2,725,331.40

* Do not include items funded or refunded as listed below. EMERGENCY AUTHORIZATIONS UNDER N.J.S. 40A:4-47 WHICH HAVE BEEN

N/A

FUNDED OR REFUNDED UNDER N.J.S. 40A:2-3 OR N.J.S. 40A:2-51 Date

Purpose

Amount

1. 2. 3. 4. 5. JUDGEMENTS ENTERED AGAINST MUNICIPALITY AND NOT SATISFIED

N/A Appropriated for

In favor of

On Account of

Date Entered

Amount

in Budget of SFY 2004

1. 2. 3. 4.

Sheet 28

SFY 2004 N.J.S. 40A:4-55 SPECIAL EMERGENCY - TAX MAP; REVALUATION; MASTER PLAN; REVISION AND CODIFICATION OF ORDINANCES; DRAINAGE MAPS FOR FLOOD CONTROL; PRELIMINARY ENGINEERING STUDIES, ETC. FOR SANITARY SEWER SYSTEM; MUNICIPAL CONSOLIDATION ACT; FLOOD OR HURRICANE DAMAGE.

Date

Amount Not Less Than Authorized 1/5 of Amount Authorized *

Purpose

REDUCED IN SFY 2004 Balance By SFY 2004 Canceled 06/30/01 Budget by Resolution

Balance June 30, 2004

0.00

0.00

N/A

Sheet 29 Totals

0.00

0.00

0.00 80025-00

0.00

0.00

80026-00

It is hereby certified that al outstanding' Special Emergency" appropriations have been adopted by the governing body in full compliance with NJSA 40A:4-55.1 et seq. and NJS 40A:4-55.13 et seq. and are recorded on this page Chief Financial Officer * Not less than one-fifth (1/5) of amount authorized but not more than the amount shown in the column "Balance June 30, 2004" must be entered here and then raised in the SFY 2001 budget.

38,168.00

SFY 2004 N.J.S. 40A:4-55.1, ET SEQ., SPECIAL EMERGENCY - DAMAGE CAUSED TO ROADS OR BRIDGES BY SNOW, ICE, FROST OR FLOOD N.J.S. 40A:4-55.13, ET SEQ., SPECIAL EMERGENCY - PUBLIC EXIGENCIES CAUSED BY CIVIL DISTURBANCES

Date

Not Less Than REDUCED IN SFY 2004 Amount 1/3 of Amount Balance By SFY 2004 Canceled Balance Authorized Authorized * June 30,2003 Budget by Resolution June 30, 2004

Purpose

N/A

Sheet 30 Totals

0.00

0.00

0.00 80027-00

0.00

0.00

80028-00

It is hereby certified that al outstanding' Special Emergency" appropriations have been adopted by the governing body in full compliance with NJSA 40A:4-55.1 et seq. and NJS 40A:4-55.13 et seq. and are recorded on this page Chief Financial Officer * Not less than one-third (1/3) of amount authorized but not more than the amount shown in the column "Balance June 30, 2004" must be entered here and then raised in th SFY 2004 budget

38,168.00

SCHEDULE OF BONDS ISSUED AND OUTSTANDING AND SFY 2004 DEBT SERVICE FOR BONDS

SFY 2004

(MUNICIPAL) GENERAL CAPITAL BONDS

Debit

2005 Debt Service

Credit

Outstanding July 1, 2003

80033-01

xxxxxxxxxxxxx

19,648,000.00

Issued

80033-02

xxxxxxxxxxxxx

4,950,000.00

Paid

80033-03

Outstanding, June 30, 2004

80033-04

SFY 2005 Bond Maturities-General Capital Bonds SFY 2005 Interest on Bonds*

6,149,000.00 xxxxxxxxxxxxx

18,449,000.00

xxxxxxxxxxxxx

24,598,000.00

24,598,000.00

0.00

80033-05

80033-06

770,580.01

2,175,000.00

ASSESSMENT SERIAL BONDS Outstanding July 1, 2003

80033-07

xxxxxxxxxxxxx

-

Issued

80033-08

xxxxxxxxxxxxx

-

Paid

80033-09

Outstanding, June 30, 2004

80033-10

-

xxxxxxxxxxxxx

-

-

-

-

-

xxxxxxxxxxxxx

SFY 2005 Bond Maturities-Assessment Bonds

80033-11

SFY 2005 Interest on Bonds*

80033-12

Total "Interest on Bonds - Debt Service" (*Items)

80033-13

LIST OF BONDS ISSUED DURING SFY 2004 SFY 2005 Amount Issued Date of Issue Maturity

Purpose

2003/ 2004 General Obligation Refunding Bonds

Total

770,580.01 N/A Interest Rate

885,000.00

4,950,000.00

03/04/04

3.50%

885,000.00

4,950,000.00

---------

---------

80033-14

Sheet 31

80033-15

SCHEDULE OF BONDS ISSUED AND OUTSTANDING AND SFY 2004 DEBT SERVICE FOR LOANS

SFY 2004

(MUNICIPAL) GREEN ACRES LOAN

Debit

2005 Debt Service

Credit

Outstanding July 1, 2003

80033-01

xxxxxxxxxxxxx

Issued

80033-02

xxxxxxxxxxxxx

Paid

80033-03

Outstanding, June 30, 2004

80033-04

1,036,047.20 -

92,394.20 xxxxxxxxxxxxx

943,653.00

xxxxxxxxxxxxx

1,036,047.20

1,036,047.20

SFY 2005 Green Acres Loan Maturities

80033-05

SFY 2005 Interest on Green Acres Loan

80033-06

Total SFY 2005 Debt Service for Green Acres Loan

94,251.16

18,404.14 80033-13

112,655.30

(MUNICIPAL) INFRASTRUCTURE LOAN Outstanding July 1, 2003

80033-07

xxxxxxxxxxxxx

Issued

80033-08

xxxxxxxxxxxxx

Paid

80033-09

181,448.03

Outstanding, June 30, 2004

80033-10

3,780,866.03 xxxxxxxxxxxxx

-

-

-

-

3,599,418.00

xxxxxxxxxxxxx

3,780,866.03

3,780,866.03

SFY 2005 Infrastructure Loan Maturities

80033-05

SFY 2005 Interest on Infrastructure Loan

80033-06

Total SFY 2005 Debt Service for Infrastructure Loan

106,007.50 80033-13

LIST OF LOANS ISSUED DURING SFY 2004 SFY 2005 Amount Issued Date of Issue Maturity

Purpose

187,282.61 293,290.11

Interest Rate

N/A

Total

80033-14

Sheet 31 (a)

80033-15

---------

---------

SCHEDULE OF BONDS ISSUED AND OUTSTANDING AND SFY 2004 DEBT SERVICE FOR BONDS

SFY 2004 N/A

TYPE I SCHOOL TERM BONDS SFY 2005 Debt Debit

Credit

Outstanding July 1, 2003

80034-01 xxxxxxxxxxxxx

Paid

80034-02

-

-

xxxxxxxxxxxxx

Outstanding June 30, 2004

80034-03

Service

-

-

xxxxxxxxxxxxx

-

-

SFY 2005 Bond Maturities-Term Bonds

80034-04

$

SFY 2005 Interest on Bonds*

80034-05

$

TYPE I SCHOOL SERIAL BOND

N/A

Outstanding July 1, 2003

80034-06 xxxxxxxxxxxxx

-

Issued

80034-07 xxxxxxxxxxxxx

-

Paid

80034-08

Outstanding, June 30, 2004

-

80034-09

xxxxxxxxxxxxx

-

-

-

-

-

xxxxxxxxxxxxx

SFY 2005 Interest on Bonds*

80034-10

$

SFY 2005 Bond Maturities - Serial Bonds

80034-11

$

Total "Interest on Bonds - Type I School Debt Service" (*Items)

80034-12

$

LIST OF BONDS ISSUED DURING SFY 2004

N/A

SFY 2005 Maturity -01

Date of Issue

Purpose

Total

Amt Issued -02

Interest Rate

80035-

SFY 2005 INTEREST REQUIREMENT - CURRENT FUND DEBT ONLY Outstanding, June 30,2004

SFY 2005 Interest

1. Emergency Notes

80036-

$

$

2. Special Emergency Notes

80037-

$

$

3. Tax Anticipation Notes

80038-

$

$

4. Interest on Unpaid State & County Taxes

80039-

$

$

5.

$

$

6.

$

$

Sheet 32

DEBT SERVICE FOR NOTES (OTHER THAN ASSESSMENT NOTES) Title or Purpose

Original

Original

Amount of

Date

Rate

of Issue

Amount

Date of

Note

of

of

Issued

Issue *

Outstanding

Maturity

Interest

SFY 2004

SFY 2005 Budget Requirement

For Principal

For Interest

**

Interest Computed to

(insert

06/30/04

date)

Sheet 33

1. Various Capital Improvements

2,280,000 01/30/03

2,280,000 01/28/05

2.00%

45,346.67 01/28/05

2. Various Capital Improvements

2,422,500 05/12/04

2,422,500 01/25/05

1.28%

21,791.73 01/28/05

3. Various Capital Improvements

570,000 09/24/03

570,000 09/24/04

1.20%

6,840.00 01/28/05

Total

5,272,500

5,272,500

80051-01

73,978 80051-02

Note: Additional Notes to be issued in FY 2005 resulting in additional interest for notes for FY 2005 - $75,901.88 Memo: Designate all "Capital Notes" issued under N.J.S. 40A:2-8(b) with "C". Such notes must be retired at the rate of 20% of the original amount issued annually. Memo: Type 1 School Notes should be separately listed and totaled. * "Original Date of Issue" refers to the date when the first money was borrowed for a particular improvement, not the renewal date of subsequent notes which were issued. All notes with an original date of issue of 1990 or prior require one legally payable installment to be budgeted if it is contemplated that such notes will be renewed in SFY 2005 or written intent of permanent financing submitted with statement. ** If interest on notes is financed by ordinance, designate same, otherwise an amount must be included in this column.

DEBT SERVICE SCHEDULE FOR ASSESSMENT NOTES Title or Purpose

Original

Original

Amount of

Date

Rate

of Issue

Amount

Date of

Note

of

of

Issued

Issue *

Outstanding

Maturity

Interest

SFY 2004 SFY 2005 Budget Requirement

Interest

For Principal

Computed

For Interest **

06/30/04 1.

to (Insert Date)

N/A

2. 3. 4. 5. 6. Sheet 34

7. 8. 9. 10. 11. 12. 13. 14. Total 80051-01

80051-02

MEMO: *See Sheet 33 for clarification of "Original Date of Issue" Assessment Notes with an original date of issue of SFY 2002 or prior must be appropriated in full in the SFY 2005 Dedicated Assessment Budget or written intent of permanent financingsubmitted with statement. ** Interest on Assessment Notes must be included in the Current Fund Budget appropriation "Interest on Notes". (Do not crowd - add additional sheets)

SCHEDULE OF IMPROVEMENT AUTHORIZATIONS (GENERAL CAPITAL FUND) IMPROVEMENTS

Balance July 1, 2003

Various Capital Improvements-97-01 Various Capital Improvements-97-22

Balance - June 30, 2004 SFY 2004

Specify each authorization by purpose. Do not merely designate by a code number

SFY 2004

Funded

Unfunded

Cash from

Expended

Authorizations Current Budget

152,202.25

Authorizations Canceled

(3,915.00) -

-

25.28

-

25.28

Various Capital Improvements-99-5

782.49

-

782.49

Sheet 35

Stabilization of Shabakunk Creek-99-10

4,166.08

251,876.60

(18,783.00)

2,036.12

Various Capital Improvements-01-28

614,935.64

37,645.10

39,457.97

39,457.97

Various Capital Improvements-02-18

-

Various Capital Improvements-00-19

(4,295.66)

ERISA Bonding-02-19

13,270.78

Primrose Road Improvements-02-25 Various Capital Improvements-03-14

-

93,215.91

-

62,106.30

31,109.61

4,295.66

(55,000.00)

68,270.78 9,543.98

570,000.00

599,591.31

4,446,583.12

4,396,583.12

Various Capital Improvements-04-02 70000-

2,036.12 577,290.54

9,543.98 30,000.00

Advance Refunding Authorization-03-11

Total

270,659.60

-

Various Capital Improvements-01-07 Road Improvements/ FEMA Match-02-03

2,550,000.00 1,096,125.39

Unfunded

156,117.25

Various Capital Improvements-98-9

Milling/ Overlay Various Streets-00-13

(4,166.08)

Funded

5,119,343.01

2,550,000.00

408.69 -

1,561,973.77 8,461.74

6,619,659.57

50,000.00 988,026.23

-

1,075,182.06

1,079,088.51

SFY 2004 GENERAL CAPITAL FUND SCHEDULE OF CAPITAL IMPROVEMENT FUND

Debit

Credit

Balance July 1, 2003

80031-01

xxxxxxxxxxxxxxxx

8.00

Received from SFY 2004 Budget Appropriation *

80031-02

xxxxxxxxxxxxxxxx

127,500.00

Received from Performance/Inspectin Escrow

xxxxxxxxxxxxxxxx

-

xxxxxxxxxxxxxxxx

-

Improvement Authorizations Canceled (but only where financed in whole by the Capital Improvement Fund)

80031-03

List by Improvements - Direct Charges Made for Preliminary Costs:

xxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxx

8.00 xxxxxxxxxxxxxxxx

Adjust to prior year - to surplus

xxxxxxxxxxxxxxxx Appropriated to Finance Improvement Authorizations

80031-04

127,500.00 xxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxx

Balance June 30, 2004

80031-05

127,508.00

Sheet 36

xxxxxxxxxxxxxxxx

127,508.00

GENERAL CAPITAL FUND

SFY 2004

SCHEDULE OF DOWN PAYMENTS ON IMPROVEMENTS Debit

Credit

Balance July 1, 2003

80030-01

xxxxxxxxxxxxxxxx

Received from SFY 2004 Budget Appropriation*

80030-02

xxxxxxxxxxxxxxxx

Received from SFY 2004 Emergency Appropriation*

80030-03

xxxxxxxxxxxxxxxx

Appropriated to Finance Improvement Authorizations

80030-04

127,500.00

127,500.00 xxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxx

Balanvce June 30, 2004

80030-05

-

127,500.00

xxxxxxxxxxxxxxxx

127,500.00

* The full amount of the 2004 appropriation should be transferred to this account unless the balance of the appropriation is permitted to lapse.

CAPITAL IMPROVEMENTS AUTHORIZED IN SFY 2004 AND DOWN PAYMENTS (N.J.S. 40A:2-11) GENERAL CAPITAL FUND ONLY

Purpose

Amount

Total

Down Payment

Amount of Down

Appropriated

Obligations

Provided by

Paymt in Budget

Authorized

Ordinance

of SFY 2004 or Prior Years

Improvements To Parks and Playgrounds

218,000.00

218,000.00

10,900.00

10,900.00

Animal Shelter and Vehicle

298,000.00

298,000.00

14,900.00

14,900.00

Purchase of Equipment-Police

135,000.00

135,000.00

6,750.00

6,750.00

Purchase of equipment-Buildings Ground

117,000.00

117,000.00

5,850.00

5,850.00

Purchase of Equipment-Recreation

114,000.00

114,000.00

5,700.00

5,700.00

Purchase of Equipment-Roads

215,000.00

215,000.00

10,750.00

10,750.00

Purchase of Equipment-Sanitation

145,000.00

145,000.00

7,250.00

7,250.00

Purchase of Equipment-Offices

50,000.00

50,000.00

2,500.00

2,500.00

EMS Ambulance

50,000.00

50,000.00

2,500.00

2,500.00

Purchase of Van

30,000.00

30,000.00

1,500.00

1,500.00

385,000.00

385,000.00

19,250.00

19,250.00

Ewing Community Center

25,000.00

25,000.00

1,250.00

1,250.00

Fire Truck-West Trenton

500,000.00

500,000.00

25,000.00

25,000.00

Purchase of Equipment-Prospect Heights

104,000.00

104,000.00

5,200.00

5,200.00

Purchase of Equipment-Pennington Road

104,000.00

104,000.00

5,200.00

5,200.00

60,000.00

60,000.00

3,000.00

3,000.00

2,550,000.00

2,550,000.00

127,500.00

127,500.00

Purchase of Equipment-OEM

Pond Run Flood Control

Total

80032-00

NOTE - Where amount in column "Down Payment Provided by Ordinance" is LESS than 5% of amount in column "Total Obligations Authorized", explanation must be made part of or attached to this sheet.

Sheet 37

SFY 2004 GENERAL CAPITAL FUND STATEMENT OF CAPITAL SURPLUS SFY 2004 Debit Balance July 1, 2003

80029-01

Credit

xxxxxxxxxxxxxxxx

25,905.59

Premium on Sale of Bonds

xxxxxxxxxxxxxxxx

-

Funded Improvement Authorizations Canceled

xxxxxxxxxxxxxxxx

-

Adjustment to surplus

-

15,797.48

-

-

-

-

Appropriated to Finance Improvement Authorizations

80029-02

-

xxxxxxxxxxxxxxxx

Appropriated to SFY 2004 Budget Revenue

80029-03

-

xxxxxxxxxxxxxxxx

Balance June 30, 2004

80029-04

41,703.07 xxxxxxxxxxxxxxxx 41,703.07

41,703.07

BONDS ISSUED WITH A COVENANT OR COVENANTS N/A 1. Amount of Serial Bonds Issued Under Provisions of Chapter 233, P.L. 1934, Chapter 268, P.L. 1934, Chapter 428, P.L. 1933 or Chapter 77, Article VI-A, P.L. 1935, with Covenant or Covenants; Outstanding June 30, 2003 2. Amount of Cash in Special Trust Fund as of JUNE 30, 2001 (Note A) 3. Amount of Bonds Issued Under Item 1 Maturing in SFY 2004 4. Amount of Interest on Bonds with a Covenant - SFY 2004 Requirement 5.

Total of 3 and 4 - Gross Appropriation

6. Less Amount of Special Trust Fund to be Used 7. Net Apprpriation Required NOTE A - This amount to be supported by confirmation from bank or banks. Footnote: Any formula other than the one shown above and required to be used by covenant or covenants is to be attached hereto. Item 5 must be shown as an item of appropriation, short extended, with Item 6 shown directly following as a deduction and with the amount of Item 7 extended into the SFY 2004 appropriation column.

Sheet 38

SFY 2004

MUNICIPALITIES ONLY

IMPORTANT!! This Sheet Must Be Completely Filled in or the Statement Will Be Considered Incomplete (N.J.S.A.52:27BB-55 as Amended by Chap. 211, P.L. 1981) A. 1. Total Tax Levy for the Year SFY 2004 was

$

67,187,597.08

2. Amount of Item 1 Collected in SFY 2004 (*)

$

66,975,367.88

3. Seventy (70) percent of Item 1

$

47,031,317.96

(*) Including prepayments and overpayments applied. B. 1. Did any maturities of bonded obligations or notes fall due during the year SFY 2004? Answer YES or NO

YES

2. Have payments been made for all bonded obligations or notes due on or before June 30, 2004? Answer YES or NO

YES

NOTE: If answer to Item B1 is YES, then Item B2 must be answered C. Does the appropriation required to be included in the SFY 2004 budget for the liquidation of all bonded obligations or notes exceed 25% of the total of appropriations for operating purposes in the budget for the year just ended?

Answer YES or NO

NO

D. 1. Cash Deficit SFY 2003

$

1,067,802.99

$

2,485,661.33

2. 4% of SFY 2003 Tax Levy for all purposes: Levy -- $

62,141,533.19

=

3. Cash Deficit SFY 2004

$

-

4. 4% of SFY 2004 Tax Levy for all purposes: Levy -- $ E.

67,187,597.08

=

$

2,687,503.88

Unpaid

SFY 2003

1. State Taxes

-

-

-

2. County Taxes

-

-

-

3. Amounts due Special Districts

-

-

-

4. Amounts due School Districts for Local School Tax

Sheet 39

1,638,377.00

SFY 2004

-

Total

1,638,377.00