State of New Jersey Local Government Services

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "State of New Jersey Local Government Services"

Transcription

1 Year: State of New Jersey Local Government Services 2016 Municipal User Friendly Budget 1215 North Brunswick Township - County of Middlesex Introduced MUNICIPALITY: Municode: 1215 Filename: 1215_fbi_2016.xlsm Website: Phone Number: x 455 Mailing Address: 710 Hermann Road the UFB if not using Outlook Municipality: North Brunswick State: NJ Zip: Mayor First Name Middle Name Last Name Term Expires Business Francis Womack 12/31/2015 Chief Administrative Officer Robert Lombard Chief Financial Officer Kala Sriranganathan Municipal Clerk Lisa Russo Governing Body Members First Name Middle Name Last Name Term Expires Business Shanti Narra 12/31/2015 Cathy Nicola 12/31/2016 Robert Corbin 12/31/2017 Bob Davis 12/31/2017 Carlo Socio 12/31/2015 Ralph Andrews 12/31/2016

2 USER FRIENDLY BUDGET SECTION - PROPERTY TAX BREAKDOWN 2015 Calendar Year Property Tax Levies - ALL entities levying property taxes Current Year 2016 Budget Calendar Year Calendar Year % of Avg Residential Taxes Actual/Estimated Tax Levy Tax Rate Tax Levy Total Levy Taxpayer Impact Municipal Purpose Tax $28,929, % $1, Municipal Purpose Tax ACTUAL $29,097, Municipal Library $1,480, % $94.49 Municipal Library ACTUAL $1,480, Municipal Open Space $737, % $47.25 Municipal Open Space ESTIMATED $737, Fire Districts (avg. rate/total levies) 0.00% $0.00 Fire Districts (total levies) Other Special Districts (total levies) 0.00% $0.00 Other Special Districts (total levies) Local School District $79,925, % $5, Local School District ESTIMATED $80,605, Regional School District 0.00% $0.00 Regional School District County Purposes $16,538, % $1, County Purposes ESTIMATED $16,417, County Library 0.00% $0.00 County Library County Board of Health 0.00% $0.00 County Board of Health County Open Space $1,349, % $86.62 County Open Space ESTIMATED $1,340, Other County Levies (total) 0.00% $0.00 Other County Levies (total) Total (Calendar Year 2015 Budget) $128,960, % $8, Total ESTIMATED amount to be raised by taxes $129,677, Total Taxable Valuation as of October 1, 2015 $2,457,050, Revenue Anticipated, Excluding Tax Levy 15,024, (To be used to calculate the current year tax rate) Budget Appropriations, before Reserve for Uncollected Taxes 44,955, Current Year Average Residential Assessment $157, Total Non-Municipal Tax Levy $99,100, Amount to be Raised by Taxes - Before RUT $129,031, Prior Year to Current Year Comparison Reserve for Uncollected Taxes (RUT) $648, Total Amount to be Raised by Taxes $129,679, Comparison - Municipal Purposes Tax Rate Prior Year Current Year % Change (+/-) % of Tax Collections used to Calculate RUT 99.50% % If % used exceeds the actual collection % then Comparison - Municipal Purposes Tax Levy reference the statutory exception used Prior Year Current Year % Change (+/-) $ Change (+/-) $28,307, $28,929, % $622, Tax Collections - ACTUAL as of Prior Year Total Tax Revenue, Collections CY ,522, Comparison - Impact on Avg. Residential Tax Payment (Municipal Purposes Only) Total Tax Levy, CY ,659, Prior Year Current Year % Change (+/-) $ Change (+/-) % of Taxes Collected, CY % $1, $1, % $32.75 Delinquent Taxes - December 31, 2015 $0.00 Sheet UFB-1

3 USER FRIENDLY BUDGET SECTION - ANTICIPATED REVENUE SUMMARY (ALL OPERATING FUNDS) General Open Space Water Sewer % Difference $ Difference Total Realized Total Anticipated FCOA Budget Budget Utility Utility Current vs. Current vs. Prior Revenue (Prior Revenue (Current Prior Year Year Year) Year) 08 Surplus -8.55% ($339,000.00) $3,964, $3,625, $2,850, $300, $475, Local Revenue 0.59% $104, $17,826, $17,930, $4,557, $6,937, $6,435, State Aid (without offsetting appropriation) 0.00% $0.00 $4,491, $4,491, $4,491, Uniform Construction Code Fees 0.00% ($28.00) $567, $567, $567, Special Revenue Items w/ Prior Written Consent 11 Shared Services Agreements #DIV/0! $0.00 $ Additional Revenue Offset by Appropriations #DIV/0! $0.00 $ Public and Private Revenue 21.16% $235, $1,113, $1,348, $1,348, Other Special Items % ($153,350.94) $1,363, $1,210, $1,210, Receipts from Delinquent Taxes #DIV/0! $0.00 $0.00 Amount to be raised by taxation 07 Local Tax for Municipal Purposes -1.58% ($466,404.00) $29,563, $29,097, $29,097, Minimum Library Tax -0.43% ($6,392.00) $1,486, $1,480, $1,480, Open Space Levy Tax 0.10% $ $737, $737, $737, Addition to Local District School Tax #DIV/0! $0.00 $ Deficit General Budget #DIV/0! $0.00 $0.00 Total -1.02% ($624,350.94) $61,112, $60,487, $46,339, $0.00 $7,237, $6,910, Sheet UFB-2

4 USER FRIENDLY BUDGET SECTION - APPROPRIATIONS SUMMARY (ALL OPERATING FUNDS Budgeted Positions Total Modified Total General Public&Private Open Space FCOA Full-Time Part-Time % Difference $ Difference Budget Offsets Budget Utility Utility Appropriation Appropriation Current v. Current v. Prior for Service Type for Service Type Prior Year Year (Prior Year) (Current Year) Water Sewer 20 General Government % $133, $2,171, $2,304, $2,402, ($69,300.00) ($29,000.00) 21 Land-Use Administration % $11, $392, $403, $443, ($40,000.00) 22 Uniform Construction Code % ($12,833.00) $467, $455, $455, Insurance 5.53% $319, $5,779, $6,098, $6,098, Public Safety % $347, $13,486, $13,834, $13,900, ($66,000.00) 26 Public Works % ($86,609.00) $3,864, $3,778, $3,821, ($43,760.00) 27 Health and Human Services 0.56% $ $142, $143, $143, Parks and Recreation % ($23,923.00) $1,419, $1,395, $1,625, ($230,255.00) 29 Education (including Library) -0.43% ($6,393.00) $1,486, $1,480, $1,480, Unclassified -6.25% ($2,500.00) $40, $37, $37, Utilities and Bulk Purchases -0.54% ($9,365.00) $1,734, $1,725, $1,725, Landfill / Solid Waste Disposal 0.00% $0.00 $805, $805, $805, Contingency 0.00% $0.00 $ $ $ Statutory Expenditures 4.39% $193, $4,406, $4,599, $4,599, Judgements #DIV/0! $0.00 $ Shared Services #DIV/0! $0.00 $ Court and Public Defender % ($4,578.00) $471, $466, $466, Capital % ($56,500.00) $387, $331, $331, Debt -9.10% ($572,660.00) $6,290, $5,717, $5,717, Deferred Charges #DIV/0! $0.00 $ Debt - Type 1 School District #DIV/0! $0.00 $ Reserve for Uncollected Taxes 2.07% $13, $633, $646, $646, Surplus General Budget #DIV/0! $0.00 $0.00 Total % $243, $43,979, $44,223, $44,701, ($380,015.00) $0.00 ($69,300.00) ($29,000.00) Sheet UFB-3

5 USER FRIENDLY BUDGET SECTION STRUCTURAL BUDGET IMBALANCES Revenues at Risk Non-recurring appropriation reductions Future Year Appropriation Increases Structural Imbalance Offsets Line Item. Put "X" in cell to the left that corresponds to the type of imbalance. Amount Comment/Explanation X Capital Surplus $200, X Emergency Mangement - S&W Increase $81, X Emergency Mangement - O/E $70, Premium on sale of BAN varies according to the market condition Additional O/T incurred due to the warehouse fire Additional expenses incurred due to the warehouse fire Sheet UFB-4

6 ASSESSED PROPERTY VALUATIONS - EXEMPT PROPERTY - PROPERTY TAX APPEAL DATA Property Tax Assessments - Taxable Properties (October 1, 2015 Value) Property Tax Assessments - Exempt Properties (October 1, 2015 Value) # of Parcels Assessed Value % of Total # of Parcels Assessed Value % of Total 1 Vacant Land 787 $39,881, % 15A Public Schools 31 $207,153, % 2 Residential 9,806 $1,544,335, % 15B Other Schools 0.00% 3A/3B Farm 22 $1,218, % 15C Public Property 491 $178,718, % 4A Commercial 416 $380,685, % 15D Church and Charities 47 $15,479, % 4B Industrial 58 $286,469, % 15E Cemeteries & Graveyards 10 $11,208, % 4C Apartments 36 $201,556, % 15F Other Exempt % 5A/5B Railroad 29 $2,071, % 6A/6B Business Personal Property 1 $2,095, % Total 11,155 $2,458,314, % Total 628 $412,560, % Average Ratio (%), Assessed to True Value 55.20% Equalized Valuation, Taxable Properties $4,453,467, Percentage of Exempt vs. Non-Exempt Properties 5.33% Total # of property tax appeals filed in 2015 County Tax Board State Tax Court Number of 2015 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 2015 $5, G I J K L N O Prior Budget Year's Payments in Lieu of Tax (PILOT) - 5 Year Exemptions/Abatements # of PILOT Parcels Billing/Revenue Assessed Value Commercial/Industrial Exemption Dwelling Exemption Dwelling Abatement New Dwelling/Conversion Exemption New Dwelling/Conversion Abatement Multiple Dwelling Exemption Multiple Dwelling Abatement Total 5 Yr Exemptions/Abatements Sheet UFB-5 Taxes if Billed in Full 2015 Total Tax Rate 0.00

7 USER FRIENDLY BUDGET SECTION Long Term Tax Exemptions Prior Budget Year's Payments in Lieu of Tax (PILOT) - Long Term Tax Exemptions Prior Budget Year's Payments in Lieu of Tax (PILOT) - Long Term Tax Exemptions Prior Budget Year's Payments in Lieu of Tax (PILOT) - Long Term Tax Exemptions Type of Project Taxes if Billed Type of Project Taxes if Billed Type of Project Taxes if Billed Project (use drop-down In Full Project (use drop-down In Full Project (use drop-down In Full Name for data entry) PILOT Billing Assessed Value 2015 Total Tax Rate Name for data entry) PILOT Billing Assessed Value 2015 Total Tax Rate Name for data entry) PILOT Billing Assessed Value 2015 Total Tax Rate RTH BRUNS UAW HOUS CORP REGI Aff. Housing $8,129, $426, NORTH BRUNSWICK TOWNSHIP Aff. Housing $6,000, $314, CONOMIC DEVELOPMENT AUTHOROther $3,328, $174, CONOMIC DEVELOPMENT AUTHOROther $22,232, $1,166, Total Long Term Exemptions - Column Total ,690, ,083, Total Long Term Exemptions - Column Total $0.00 $0.00 $0.00 Total Long Term Exemptions - Column Total $0.00 $0.00 $0.00 Mark "X" if Grand Total Sheet UFB-6

8 USER FRIENDLY BUDGET SECTION BUDGETED PERSONNEL COSTS # of # of Total Overtime Pension Health Benefits Employment Full-Time Part-Time Personnel Base and other (Estimate) Net of Taxes and Organization / Individuals Eligible for Benefit Employees Employees Cost Pay Compensation Cost Share Other Benefits Governing Body 0.00 Supervisory Staff (Department Heads & Managers) ,340, $1,632, $203, $379, $124, Police Officers (Including Superior Officers) ,143, $9,369, $1,334, $2,405, $1,215, $818, Fire Fighters (Including Superior Officers) 0.00 $0.00 All Other Union Employees not listed above ,281, $4,207, $492, $524, $1,696, $359, All Other Non-Union Employees not listed above ,250, $1,632, $141, $203, $136, $135, Totals ,016, $16,843, $1,968, $3,336, $3,428, $1,439, Is the Local Government required to comply with NJSA 11A (Civil Service)? - YES or NO Y 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

9 USER FRIENDLY BUDGET SECTION - HEALTH BENEFITS Current Year # of Covered Members (Medical & Rx) Current Year Annual Cost Estimate per Employee Total Current Year Cost Active Employees - Health Benefits - Annual Cost Single Coverage $11, $512, Parent & Child $19, $400, Employee & Spouse (or Partner) $23, $928, Family $32, $2,434, Employee Cost Sharing Contribution (enter as negative - ) ($848,000.00) Subtotal $86, $3,428, Elected Officials - Health Benefits - Annual Cost Single Coverage $0.00 Parent & Child $0.00 Employee & Spouse (or Partner) $0.00 Family $0.00 Employee Cost Sharing Contribution (enter as negative - ) Subtotal 0.00 $0.00 $0.00 Retirees - Health Benefits - Annual Cost Single Coverage 11 $15, $167, Parent & Child 7 $21, $148, Employee & Spouse (or Partner) 8 $30, $247, Family 22 $37, $829, Employee Cost Sharing Contribution (enter as negative - ) Subtotal $105, $1,392, GRAND TOTAL $191, $4,820, 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 YES YES

10 USER FRIENDLY BUDGET SECTION ACCUMULATED ABSENCE LIABILITY Gross Days of Accumulated Absence Dollar Value of Compensated Absences Approved Labor Agreement Legal basis for benefit (check applicable items) Local Ordinance Organization/Individuals Eligible for Benefit Superior Officers Association $1,814, X Police Benevolent Association $2,282, X School Crossing Guard Association $65, X Firemen's Mutual Benevolent Association $34, X International Union Of Production, Clerical & Public Employees $85, X Communication Workers of America (CWA) $89, X Management & Other Non-Affliated Workers $690, X American Federation of State, County and Municipal Employees $85, X Individual Employment Agreement Totals $5,148, Total Funds Reserved as of end of 2015 $432, Total Funds Appropriated in 2016 $584, UFB-9 Accumulated Absence Liability

11 USER FRIENDLY BUDGET SECTION - OUTSTANDING DEBT; PER CAPITA AND BUDGET IMPACT Gross Net Current Year All Additional Future Debt Deductions Debt Budget Budget Budget Years' Budgets Local School Debt $43,931, $43,931, $0.00 Utility Fund - Principal $2,393, $2,562, $2,653, $20,737, Regional School Debt $0.00 $0.00 $0.00 Utility Fund - Interest $883, $869, $820, $3,871, Bond Anticipation Notes - Principal $ Utility Fund Debt Bond Anticipation Notes - Interest $51, $69, Water $32,120, $32,120, $0.00 Bonds - Principal $4,112, $3,673, $3,632, $39,420, Sewer $20,425, $20,425, $0.00 Bonds - Interest $1,221, $1,416, $1,308, $8,709, $0.00 Loans & Other Debt - Principal $1,003, $1,024, $1,045, $11,757, $0.00 Loans & Other Debt - Interest $358, $334, $309, $1,573, $ $0.00 Total $10,024, $9,950, $9,769, $86,068, Municipal Purposes Debt Authorized $7,812, $7,812, Total Principal $7,509, $7,259, $7,330, $71,915, Notes Outstanding $33,430, $33,430, Total Interest $2,515, $2,690, $2,438, $14,153, Bonds Outstanding $35,837, $20,566, $15,271, % of Total Current Year Budget 22.67% Loans and Other Debt $0.00 Description Total (Current Year) $173,557, $117,043, $56,513, Total Guarantees - Governmental Total Guarantees - Other Total Capital/Equipment Leases Population (2010 census) 40,742 Total Other Debt Not Listed Above Per Capita Gross Debt $4, Bond Rating Moody's Standard & Poors Fitch Per Capita Net Debt $1, Rating Aa2 AA+ Year of Last Rating Aa2 AA+ 3 Yr. Average Property Valuation $4,417,237, Mark "X" if Municipality has no bond rating Net Debt as % of 3 Year Avg Property Valuation 1.28% Sheet UFB-10

12 USER FRIENDLY BUDGET SECTION - SHARED SERVICES PROVIDED AND RECEIVED Providing or Receiving Services? Providing Services To/Receiving Services From Type of Shared Service Provided Notes (Enter more specifics if needed) Begin Date End Date Amount to be Received/Paid Sheet UFB-11

13 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

State of New Jersey Local Government Services

State of New Jersey Local Government Services State of New Jersey Local Government Services Year: 2015 Municipal User Friendly Budget MUNICIPALITY: 526 2 Municode: 1908 Filename: 1908_fba_2015.xlsm Website: greentwp.com Phone Number: 908-852-9333

More information

State of New Jersey Local Government Services

State of New Jersey Local Government Services Year: State of New Jersey Local Government Services 2015 Municipal User Friendly Budget MUNICIPALITY: 82 2 Municode: 0256 Filename: 0256_fba_2015.xlsm Website: www.rutherford nj.com Phone Number: (201)

More information

State of New Jersey Local Government Services

State of New Jersey Local Government Services A d o p t e d Year: 2015 Municipal User Friendly Budget MUNICIPALITY: 350 2 Municode: 1315 Filename: 1315_fba_2015.xlsm Website: www.freeholdboro.org Phone Number: 732-462-1410 Mailing Address: 51 West

More information

State of New Jersey Local Government Services

State of New Jersey Local Government Services State of New Jersey Local Government Services Year: 2016 Municipal User Friendly Budget MUNICIPALITY: 305 1 Municode: 1111 Filename: 1111_fbi_2016.xlsm Website: TRENTONNJ.ORG Phone Number: 609 989-3105

More information

Executive Summary. Model Structure. General Economic Environment and Assumptions

Executive Summary. Model Structure. General Economic Environment and Assumptions Executive Summary The (LTFP) report is an update from the preliminary report presented in January 2009 and reflects the Mayor s Proposed Budget for Fiscal Year 2010 and Fiscal Year 2011. Details of the

More information

New Castle County Revenue Summary with Contingencies & Debt Service. Fiscal Year 2015 Recommended Budget

New Castle County Revenue Summary with Contingencies & Debt Service. Fiscal Year 2015 Recommended Budget New Castle County Revenue Summary with Contingencies & Debt Service Fiscal Year 2015 Recommended Budget Table of Contents Revenue Summary Sources of Funds Summary...1 Revenue Assumptions...2 Historical

More information

2012 MUNICIPAL DATA SHEET (Must Accompany 2012 Budget) 12/31/12 Term Expires RALPH WARNICK, COUNCIL PRESIDENT THOMAS CURRY JEFF ELLENTUCK

2012 MUNICIPAL DATA SHEET (Must Accompany 2012 Budget) 12/31/12 Term Expires RALPH WARNICK, COUNCIL PRESIDENT THOMAS CURRY JEFF ELLENTUCK 2012 MUNICIPAL DATA SHEET (Must Accompany 2012 Budget) MUNICIPALITY: BOROUGH OF ROOSEVELT COUNTY: MONMOUTH FINAL ADOPTED BUDGET 6/26/2012 CAP Governing Body Members ELSBETH BATTEL Mayor's Name 12/31/12

More information

AUDITING PROCEDURES REPORT Issued under P.A. 2 of 1968, as amended. Filing is mandatory.

AUDITING PROCEDURES REPORT Issued under P.A. 2 of 1968, as amended. Filing is mandatory. Michigan Dept. of Treasury, Local Audit & Finance Division 496 (3-98), Formerly L-3147 AUDITING PROCEDURES REPORT Issued under P.A. 2 of 1968, as amended. Filing is mandatory. Local Government Type: City

More information

TOWNSHIP OF FREEHOLD COUNTY OF MONMOUTH AUDIT REPORT FOR THE YEAR ENDED DECEMBER 31, 2015

TOWNSHIP OF FREEHOLD COUNTY OF MONMOUTH AUDIT REPORT FOR THE YEAR ENDED DECEMBER 31, 2015 TOWNSHIP OF FREEHOLD COUNTY OF MONMOUTH AUDIT REPORT FOR THE YEAR ENDED DECEMBER 31, 2015 TOWNSHIP OF FREEHOLD COUNTY OF MONMOUTH, NEW JERSEY TABLE OF CONTENTS EXHIBIT PAGE PART I Independent Auditors'

More information

Homer Township Midland County, Michigan. Financial Statements

Homer Township Midland County, Michigan. Financial Statements Homer Township Midland County, Michigan ================================ Financial Statements TOWNSHIP OFFICIALS OFFICERS Barbara Radosa, Supervisor Ken Schlafley, Clerk Albert Tew, Treasurer TRUSTEES

More information

The "Total (Memorandum Only)" column is the aggregate of the columns being presented and does not represent consolidated financial information.

The Total (Memorandum Only) column is the aggregate of the columns being presented and does not represent consolidated financial information. City of Madison NOTES TO COMBINED FINANCIAL STATEMENTS December 31, 1999 NOTE A - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following is a summary of the City's significant accounting policies consistently

More information

CITY OF COLEMAN, TEXAS FINANCIAL STATEMENTS AND INDEPENDENT AUDITOR'S REPORT SEPTEMBER 30, 2014

CITY OF COLEMAN, TEXAS FINANCIAL STATEMENTS AND INDEPENDENT AUDITOR'S REPORT SEPTEMBER 30, 2014 CITY OF COLEMAN, TEXAS FINANCIAL STATEMENTS AND INDEPENDENT AUDITOR'S REPORT SEPTEMBER 30, 2014 Becky Roberts, CPA 104 Pine Street, Suite 610 Abilene, Texas 79601 325-665-5239 becky.roberts@rm-cpa.net

More information

ANNUAL TAX LEVY PACKET

ANNUAL TAX LEVY PACKET ANNUAL TAX LEVY PACKET 2015 TAX YEAR OREGON PARK DISTRICT We Create Fun for a Lifetime OREGON PARK DISTRICT ANNUAL TAX LEVY PACKET FOR THE 2015 TAX YEAR CONTENTS 2015 Tax Year District Statement Section

More information

Budgeting in the Municipal World

Budgeting in the Municipal World State of New Jersey Department of Community Affairs Division of Local Government Services Budgeting in the Municipal World Christine Caruso, Deputy Director DLGS An Orientation for Municipal Officials

More information

The calculation of prudent reserve targets shall include consideration of the following factors:

The calculation of prudent reserve targets shall include consideration of the following factors: Governing Body Policies Article GB04-A RESERVE FUNDS POLICY. Sections: GB04-A-1 OBJECTIVES. GB04-A-2 SCOPE. GB04-A-3 DEFINITIONS. GB04-A-4 PROVISIONS. GB04-A-5 PROCEDURES. GB04-A-6 RESPONSIBILITY FOR ENFORCEMENT.

More information

Model Legislation for Accountability in Economic Development: Disclosure

Model Legislation for Accountability in Economic Development: Disclosure Model Legislation for Accountability in Economic Development: Disclosure Good Jobs First www.goodjobsfirst.org BACKGROUND The purpose of economic development disclosure is to allow taxpayers to see the

More information

Glossary of Assessment Terms:

Glossary of Assessment Terms: Glossary of Assessment Terms: Abatement A reduction or elimination of a tax or charge imposed by a governmental unit, applicable to property tax bills, motor vehicle excise taxes, fees, charges, and special

More information

INDEPENDENT AUDITORS' REPORT

INDEPENDENT AUDITORS' REPORT INDEPENDENT AUDITORS' REPORT March 11, 2014 Penn Township Board of Commissioners Penn Township, York County, Pennsylvania Hanover, Pennsylvania We have audited the accompanying 2013 Municipal Annual Audit

More information

Freehold Township, NJ

Freehold Township, NJ Freehold Township, NJ Township of Freehold in the County of Monmouth, New Jersey, $13,727,000 General Obligation Bonds, Series 2015, Consisting of, $8,258,000 General Improvement Bonds, Series 2015, $5,469,000

More information

Ohio Legislative Service Commission

Ohio Legislative Service Commission Ohio Legislative Service Commission Bill Analysis Bethany Boyd Sub. H.B. 225 * 129th General Assembly (As Reported by H. Local Government) Reps. Peterson and Landis, Pillich, Grossman, Sears, Boose, Derickson,

More information

A Primer for New Jersey Budget and Tax Levy Caps

A Primer for New Jersey Budget and Tax Levy Caps New Jersey Education Association Division of Research & Economic Services Rich Brown Associate Director Research & Economic Services June 2010 A Primer for New Jersey Budget and Tax Levy Caps Primer on

More information

Town of Clinton Budget Recommendations

Town of Clinton Budget Recommendations Town of Clinton Budget Recommendations Fiscal Year 2016 July 1, 2015 June 30, 2016 20-May-15 Fiscal Year 2015 Fiscal Year 2016 114 - Moderator Moderator Salary 100.00 100.00 Moderator Misc. Expense 50.00

More information

Description of Budget Cycle

Description of Budget Cycle Description of Budget Cycle The budget process in the City of Yonkers begins in December each year when budget preparation packages are sent to departments by the Office of Management and Budget. The departments

More information

Department of Finance

Department of Finance Linda Dunn-Landolfi, Acting Director 185 186 DEPARTMENT OF FINANCE Statement of Service: The Director of Finance coordinates all finance activities and functions in the City. The following divisions are

More information

ANNUAL TAX LEVY PACKET

ANNUAL TAX LEVY PACKET ANNUAL TAX LEVY PACKET OF THE OREGON PARK DISTRICT FOR THE 2013 TAX YEAR We Create Fun for a Lifetime OREGON PARK DISTRICT ANNUAL TAX LEVY PACKET FOR THE 2013 TAX YEAR CONTENTS 2012 Tax Year District Statement

More information

Internal Revenue Service Department of the Treasury CC:TEGE:QP2 - PLR-167048-01. Entity E =

Internal Revenue Service Department of the Treasury CC:TEGE:QP2 - PLR-167048-01. Entity E = Internal Revenue Service Department of the Treasury Number: 200301032 Release Date: 01/03/2003 Index No. 106.00-00 457.01-00 403.04-00 457.10-00 Legend Entity E = CC:TEGE:QP2 - September 30, 2002 Dear

More information

TOWNSHIP OF ROLLAND ISABELLA COUNTY, MICHIGAN AUDITED FINANCIAL STATEMENTS. Fiscal Year Ended March 31, 2010

TOWNSHIP OF ROLLAND ISABELLA COUNTY, MICHIGAN AUDITED FINANCIAL STATEMENTS. Fiscal Year Ended March 31, 2010 ISABELLA COUNTY, MICHIGAN AUDITED FINANCIAL STATEMENTS Fiscal Year Ended TABLE OF CONTENTS Independent Auditor s Report.. 1 FINANCIAL STATEMENTS Government Wide Statement of Net Assets. 2 Government Wide

More information

AD VALOREM TAX ADOPTED BUDGET

AD VALOREM TAX ADOPTED BUDGET AD VALOREM TAX ADOPTED BUDGET AGGREGATE TAX RATE AMENDMENT APPROPRIATION ASSESSED VALUE BALANCE FORWARD BALANCE FORWARD - CAPITAL A tax levied on the assessed value of real property (also known as "property

More information

Borough of Chatham. Annual Progress Report - 2014

Borough of Chatham. Annual Progress Report - 2014 Borough of 10 Year Strategic Financial Plan Analysis Annual Progress Report - 2014 10/14/2015 TBD 1 Chart #1 Capital Spending & Debt Capital Appropriation $971,000 $949,760 Debt Service $1,797,859 $1,813,946

More information

MAXIMUM STATUTORY LEVY RATES

MAXIMUM STATUTORY LEVY RATES MAXIMUM STATUTORY LEVY RATES This sheet is intended as an aid to help find maximum statutory limits of funds for all taxing districts. Where there is no specific decimal amount, refer to code section to

More information

TOWN OF MANCHESTER, MARYLAND. FINANCIAL STATEMENTS June 30, 2015

TOWN OF MANCHESTER, MARYLAND. FINANCIAL STATEMENTS June 30, 2015 FINANCIAL STATEMENTS TABLE OF CONTENTS PAGE INDEPENDENT AUDITORS REPORT... 1 MANAGEMENT S DISCUSSION AND ANALYSIS... 3 FINANCIAL STATEMENTS... 13 Government wide Financial Statements Statement of Net Position...14

More information

BOROUGH OF RIVERDALE ACCOUNTING MANUAL. The Borough has developed the following accounting policies and procedures:

BOROUGH OF RIVERDALE ACCOUNTING MANUAL. The Borough has developed the following accounting policies and procedures: BOROUGH OF RIVERDALE ACCOUNTING MANUAL The Accounting Manual documents and/or references the accounting processes and procedures of the Borough. The internal accounting control processes and procedures

More information

Employer Obligation to Maintain and Report Records

Employer Obligation to Maintain and Report Records New Jersey Department of Labor and Workforce Development Chapter 194, Laws of New Jersey, 2009, Relating to Employer Obligation to Maintain and Report Records Regarding Wages, Benefits, Taxes and Other

More information

Your Pension Benefits from The City of Atlanta and The Atlanta Board of Education

Your Pension Benefits from The City of Atlanta and The Atlanta Board of Education Rev. 12/05 Your Pension Benefits from The City of Atlanta and The Atlanta Board of Education Summary Plan Description for the General Employees Pension Plan Police Officer s Pension Plan Firefighter s

More information

Detroit, MI, City of (MI)

Detroit, MI, City of (MI) Detroit, MI, City of (MI) 1 City of Detroit, Michigan, Financial Recovery Bond, Series 2014C, $88,430,021 Dated: December 10, 2014 2 City of Detroit, Michigan, Financial Recovery Bonds, Series 2014B (Limited

More information

Page Intentionally Left Blank

Page Intentionally Left Blank Page Intentionally Left Blank Department Description The Debt Management Department conducts planning, structuring, and issuance activities for all City financings to fund cash flow needs and to provide

More information

Requests for Proposals

Requests for Proposals Requests for Proposals BANKING SERVICES (ONE YEAR CONTRACT WITH TWO ADDITIONAL ONE-YEAR OPTIONS) Effective May 7, 2012 Being accepted by Township Clerk Township of Egg Harbor 3515 Bargaintown Road Egg

More information

NEW YORK STATE DEPARTMENT OF TAXATION & FINANCE OFFICE OF REAL PROPERTY TAX SERVICES

NEW YORK STATE DEPARTMENT OF TAXATION & FINANCE OFFICE OF REAL PROPERTY TAX SERVICES NEW YORK STATE DEPARTMENT OF TAXATION & FINANCE OFFICE OF REAL PROPERTY TAX SERVICES RP-467-Ins (9/09) INSTRUCTIONS FOR THE APPLICATION FOR THE PARTIAL REAL PROPERTY TAX EXEMPTION FOR SENIOR CITIZENS EXEMPTION

More information

PART C: GENERAL BUSINESS CREDIT

PART C: GENERAL BUSINESS CREDIT PART C: GENERAL BUSINESS CREDIT 15. CREDIT FOR INVESTING IN PROPERTY IN SOUTH CAROLINA South Carolina Code 12-14-60 allows a taxpayer a credit against income taxes for qualified manufacturing and productive

More information

Application for Retirement Allowance Public Employees' Retirement System Teachers' Pension and Annuity Fund

Application for Retirement Allowance Public Employees' Retirement System Teachers' Pension and Annuity Fund Application for Retirement Allowance Public Employees' Retirement System Teachers' Pension and Annuity Fund State of New Jersey Division of Pensions and Benefits PO Box 295 Trenton, New Jersey 08625-0295

More information

Debt Management. Debt Management

Debt Management. Debt Management Debt Management Capital Expenditures vs. Current Expenditures Local government expenditures can be broadly categorized as either current or capital. Generally, current expenditures are related to ongoing

More information

Chapter 32a Medical Care Savings Account Act

Chapter 32a Medical Care Savings Account Act Chapter 32a Medical Care Savings Account Act 31A-32a-101 Title and scope. (1) This chapter is known as the "Medical Care Savings Account Act." (a) This chapter applies only to a medical care savings account

More information

Financial Statement Guide. A Guide to Local Government Financial Statements

Financial Statement Guide. A Guide to Local Government Financial Statements Financial Statement Guide A Guide to Local Government Financial Statements January, 2012 Ministry of Community, Sport and 1 Financial Statement Guide Table of Contents Introduction Legislative Requirements

More information

Oconee County, GA. County Debt Structure

Oconee County, GA. County Debt Structure Oconee County, GA 1 Walton County Water and Sewerage Authority (Georgia), Revenue Bonds (Oconee Hard Labor Creek Reservoir Project), Series, $9,465,000, Dated: October 18, 2 Walton County Water and Sewerage

More information

National Federation of Municipal Analysts

National Federation of Municipal Analysts Recommended Best Practices in Disclosure for Tax Increment Supported Debt The National Federation of Municipal Analysts (NFMA) is an organization of nearly 1,000 members, primarily research analysts, who

More information

PDF compression, OCR, web optimization using a watermarked evaluation copy of CVISION PDFCompressor

PDF compression, OCR, web optimization using a watermarked evaluation copy of CVISION PDFCompressor Borough Of Ship Bottom [Code 1528]. Ocean County - 2011 Budget 2011 MUNICIPAL DATA SHEET CAP William Huelsenbeck Mayor's Name Kathleen Wells Municipal Clerk T. Richard Bethea Tax Collector T. Richard Bethea

More information

M E M O R A N D U M. Mayor Prussing and Members of the Urbana City Council

M E M O R A N D U M. Mayor Prussing and Members of the Urbana City Council M E M O R A N D U M TO: Mayor Prussing and Members of the Urbana City Council FROM: Interim Comptroller RE: Property Tax Levy DATE: November 7, 2013 Attached for your consideration is the 2013 property

More information

State of North Dakota Office Of State Tax Commissioner

State of North Dakota Office Of State Tax Commissioner State of North Dakota Office Of State Tax Commissioner RYAN RAUSCHENBERGER, COMMISSIONER Bismarck, North Dakota July 2015 Schedule of Levy Limitations Applicable To The Authority Of The Political Subdivisions

More information

CITY OF SURREY BY-LAW NO. 16828. A by-law to provide for the adoption of the Surrey 2009 2013 Consolidated Financial Plan.

CITY OF SURREY BY-LAW NO. 16828. A by-law to provide for the adoption of the Surrey 2009 2013 Consolidated Financial Plan. CITY OF SURREY BY-LAW NO. 16828 A by-law to provide for the adoption of the Surrey 2009 2013 Consolidated Financial Plan. WHEREAS pursuant to Section 165 of the Community Charter being Chapter 26 of the

More information

PUBLIC OFFICIALS LIABILITY INSURANCE APPLICATION CLAIMS MADE POLICY FORM

PUBLIC OFFICIALS LIABILITY INSURANCE APPLICATION CLAIMS MADE POLICY FORM PUBLIC OFFICIALS LIABILITY INSURANCE APPLICATION CLAIMS MADE POLICY FORM ALL QUESTIONS MUST BE COMPLETED IN ORDER TO REVIEW FOR QUOTATION. THIS POLICY IS NOT AN AUTOMATIC RENEWAL. AN APPLICATION MUST BE

More information

Annual Financial Report For the Calendar Year Ended December 31, 2008

Annual Financial Report For the Calendar Year Ended December 31, 2008 Annual Financial Report For the Calendar Year Ended December 31, 2008 City of Jasper The First Mountain City 200 Burnt Mountain Road Jasper, Georgia 30143 Prepared By: Tacie Jo Williams, CPA Director of

More information

State of North Carolina Department of State Treasurer

State of North Carolina Department of State Treasurer RICHARD H. MOORE TREASURER State of North Carolina Department of State Treasurer State and Local Government Finance Division and the Local Government Commission T. VANCE HOLLOMAN DEPUTY TREASURER Memorandum

More information

APPLICATION FOR WITHDRAWAL

APPLICATION FOR WITHDRAWAL STATE OF NEW JERSEY DIVISION OF PENSIONS AND BENEFITS Public Employees' Retirement System Teachers' Pension and Annuity Fund Police and Firemen's Retirement System State Police Retirement System APPLICATION

More information

TABLE OF CONTENTS CHAPTER 9

TABLE OF CONTENTS CHAPTER 9 TABLE OF CONTENTS CHAPTER 9 Purpose...1 Balance Sheet Accounts...1 Assets...1 Cash...1 Accounts Receivable...2 Accounts Receivable Allowances...4 Loans and Notes Receivable...4 Loans and Notes Allowances...5

More information

TOWN OF LAKE COWICHAN. A Bylaw respecting the Financial Plan for the Town of Lake Cowichan

TOWN OF LAKE COWICHAN. A Bylaw respecting the Financial Plan for the Town of Lake Cowichan TOWN OF LAKE COWICHAN Bylaw No. 943-2014 A Bylaw respecting the Financial Plan for the Town of Lake Cowichan WHEREAS Section 165 of the Community Charter requires a Municipality to prepare and adopt, a

More information

NEW YORK STATE DEPARTMENT OF TAXATION & FINANCE OFFICE OF REAL PROPERTY TAX SERVICES

NEW YORK STATE DEPARTMENT OF TAXATION & FINANCE OFFICE OF REAL PROPERTY TAX SERVICES NEW YORK STATE DEPARTMENT OF TAXATION & FINANCE OFFICE OF REAL PROPERTY TAX SERVICES RP-459-c (9/09) APPLICATION FOR PARTIAL TAX EXEMPTION FOR REAL PROPERTY OF PERSONS WITH DISABILITIES AND LIMITED INCOMES

More information

State of Minnesota Office of the State Auditor

State of Minnesota Office of the State Auditor State of Minnesota Office of the State Auditor Rebecca Otto State Auditor Reporting and Publishing Requirements City Financial Statements For Cities Under 2,500 in Population Reporting on the Cash Basis

More information

CITY FINANCE COMMITTEE[545]

CITY FINANCE COMMITTEE[545] IAC 7/2/08 City Finance[545] Analysis, p.1 CITY FINANCE COMMITTEE[545] Rules transferred from agency number 230 to 545 under the umbrella of Management Department[541] pursuant to 1986 Iowa Acts, chapter

More information

Understanding Mississippi Property Taxes

Understanding Mississippi Property Taxes Understanding Mississippi Property Taxes The Mississippi Association of Supervisors with the Center for Governmental Training and Technology Mississippi Property Tax Primer Property tax revenues are a

More information

Course Objectives. What are Property Taxes? 2/14/2012. Tax Settlements

Course Objectives. What are Property Taxes? 2/14/2012. Tax Settlements 2/14/2012 Tax Settlements Presented by: Local Government Services 1 Course Objectives To enhance your understanding of how to read and record the information contained on your tax settlement sheets To

More information

2011 Public Act 152: Publicly Funded Health Insurance Contribution Act (MCL 15.561 15.569), as amended by 2013 Public Acts numbered 269 through 273

2011 Public Act 152: Publicly Funded Health Insurance Contribution Act (MCL 15.561 15.569), as amended by 2013 Public Acts numbered 269 through 273 2011 Public Act 152: Publicly Funded Health Insurance Contribution Act (MCL 15.561 15.569), as amended by 2013 Public Acts numbered 269 through 273 Frequently Asked Questions Table of Contents 1. General...

More information

Massachusetts Death Benefits Available to the Surviving Families of Law Enforcement Officers Killed in the Line of Duty

Massachusetts Death Benefits Available to the Surviving Families of Law Enforcement Officers Killed in the Line of Duty Massachusetts Death Benefits Available to the Surviving Families of Law Enforcement Officers Killed in the Line of Duty To obtain certified copies of registered personal documents, contact the Division

More information

DEPT: EMPLOYEE FRINGE BENEFITS UNIT NO. 1950 FUND: General - 0001. Approximate Tax Levy Cost, Employee & Retiree Fringe Benefits: $138,193,986

DEPT: EMPLOYEE FRINGE BENEFITS UNIT NO. 1950 FUND: General - 0001. Approximate Tax Levy Cost, Employee & Retiree Fringe Benefits: $138,193,986 BUDGET SUMMARY 2012 Actual 2013 Budget 2014 Budget 2013/2014 Change Health Benefit Expenditures $ 113,308,978 $ 118,502,180 $ 118,676,177 $ 173,997 Pension Related Expenditures 64,388,961 66,724,779 65,198,296

More information

1 of 4 DOCUMENTS. NEW JERSEY REGISTER Copyright 2011 by the New Jersey Office of Administrative Law. 43 N.J.R. 1571(a)

1 of 4 DOCUMENTS. NEW JERSEY REGISTER Copyright 2011 by the New Jersey Office of Administrative Law. 43 N.J.R. 1571(a) Page 1 1 of 4 DOCUMENTS NEW JERSEY REGISTER Copyright 2011 by the New Jersey Office of Administrative Law VOLUME 43, ISSUE 14 ISSUE DATE: JULY 18, 2011 RULE PROPOSALS LABOR AND WORKFORCE DEVELOPMENT THE

More information

Staffing and Compensation Plan

Staffing and Compensation Plan I. EFFECTIVE DATE The provisions of this plan shall be effective commencing July 1, 2005 except as it has been or may be amended from time to time by resolution of the City Council and subject to budget

More information

ASSESSOR S CALENDAR. When in session, the board of county commissioners may cancel property taxes which for any lawful reason should not be paid.

ASSESSOR S CALENDAR. When in session, the board of county commissioners may cancel property taxes which for any lawful reason should not be paid. CONTINUOUS Assessor Submits Tax Numbers The assessor must provide a list of tax numbers, showing the complete legal description and the tax number for that description, to be recorded by the county recorder

More information

SHARED REVENUE AND TAX RELIEF

SHARED REVENUE AND TAX RELIEF SHARED REVENUE AND TAX RELIEF Budget Summary by Funding Source Joint Finance Change to: 2014-15 Base 2015-17 2015-17 Governor Base Year Doubled Governor Jt. Finance Amount Percent Amount Percent Direct

More information

DEBT MANAGEMENT. Overview of Debt Management. Gallatin County Debt Management. Approved Bond Issues

DEBT MANAGEMENT. Overview of Debt Management. Gallatin County Debt Management. Approved Bond Issues 373 Gallatin County Debt Management Debt, in a governmental entity, is an effective financial management tool. Active debt management provides fiscal advantages to the County and its citizens. Debt can

More information

PLEASE PUBLISH THIS PAGE ONLY

PLEASE PUBLISH THIS PAGE ONLY Form F-66 (IA-2) (5-8-213) STATE OF IOWA 213 FINANCIAL REPORT 162116 FISCAL YEAR ENDED JUNE 3, 213 {enter title} {enter address} NEWELL CITY OF NEWELL, IOWA DUE: December 1, 213 (Please correct any error

More information

CITY OF MADISON VISION AND MISSION STATEMENTS

CITY OF MADISON VISION AND MISSION STATEMENTS CITY OF MADISON VISION AND MISSION STATEMENTS Vision Statement: The City of Madison will be a safe and healthy place for all to live, learn, work and play. Mission Statement: The City of Madison, through

More information

Minnetonka Independent School District 276 Levy Adoption Taxes Payable in 2012

Minnetonka Independent School District 276 Levy Adoption Taxes Payable in 2012 Minnetonka Independent School District 276 Levy Adoption Taxes Payable in 2012 Public Schools Established by Minnesota Constitution ARTICLE XIII MISCELLANEOUS SUBJECTS Section 1. UNIFORM SYSTEM OF PUBLIC

More information

Enrolling in the State Health Benefits Program When You Retire

Enrolling in the State Health Benefits Program When You Retire Enrolling in the State Health Benefits Program When You Retire State Health Benefits Program ELIGIBILITY The following full-time employees, who are eligible for employer-paid health insurance coverage

More information

Re: Date: Once the Council sets the preliminary levy, that amount cannot be increased but it may be decreased.

Re: Date: Once the Council sets the preliminary levy, that amount cannot be increased but it may be decreased. CITY OF EXCELSIOR MEMORANDUM Re: 09/08/15 CC Meeting Item 12(a) 2016 General Fund Budget & Tax Levy Date: September 1, 2015 To: City Council From: Heidi Tumberg, Finance Director The Council and staff

More information

City of Missoula Debt Management. Major Bond Issues. Outstanding Debt DEBT MANAGEMENT. City of Missoula FY 2015 Annual Budget Page I - 1

City of Missoula Debt Management. Major Bond Issues. Outstanding Debt DEBT MANAGEMENT. City of Missoula FY 2015 Annual Budget Page I - 1 City of Missoula Debt Management Debt in a governmental entity is an effective financial management tool. Active debt management provides fiscal advantages to the City of Missoula and its citizens. Debt

More information

OVERVIEW OF ARIZONA STATE PROPERTY TAX SYSTEM IN MARICOPA COUNTY

OVERVIEW OF ARIZONA STATE PROPERTY TAX SYSTEM IN MARICOPA COUNTY Maricopa County Department of Finance Prepared: 10/22/13 OVERVIEW OF ARIZONA STATE PROPERTY TAX SYSTEM IN MARICOPA COUNTY The following Overview of the Arizona State Property Tax System was prepared by

More information

EMPLOYEE BENEFITS. Permanent and Active full-time or 3/4-time* Employment Status.

EMPLOYEE BENEFITS. Permanent and Active full-time or 3/4-time* Employment Status. HEALTH & DENTAL CARE The City of Des Moines provides you with health and dental care options designed to help you and your family receive the best possible care. Benefits: Permanent and Active full-time

More information

SNURE LAW OFFICE, PSC

SNURE LAW OFFICE, PSC SNURE LAW OFFICE, PSC A Professional Services Corporation Clark B. Snure Retired Of counsel Thomas G. Burke Joseph F. Quinn Brian K. Snure brian@snurelaw.com MEMORANDUM To: Washington Fire Protection Districts

More information

Each payday, all employees receive one

Each payday, all employees receive one Understanding Your Pay Information This brochure contains important information! Each payday, all employees receive one of the following: Pay statement for those who receive paper paychecks Access to epaystub

More information

Agenda Cover Memorandum

Agenda Cover Memorandum Agenda Cover Memorandum Meeting Date: July 22, 2013 Meeting Type: COW (Committee of the Whole) City Council Workshop Item Title: Revenue & Expenditure Report for June 2013 Action Requested: Approval For

More information

FIVE YEAR FINANCIAL PLAN BYLAW, 2015 BYLAW NO. 15-025

FIVE YEAR FINANCIAL PLAN BYLAW, 2015 BYLAW NO. 15-025 FIVE YEAR FINANCIAL PLAN BYLAW, 2015 BYLAW NO. 15-025 This consolidation is a copy of a bylaw consolidated under the authority of section 139 of the Community Charter. (Consolidated on September 1, 2015

More information

2010 financial statement discussion and analysis

2010 financial statement discussion and analysis 2010 financial statement discussion and analysis INTRODUCTION The City of Ottawa 2010 Annual Financial Report contains the audited consolidated financial statements prepared in accordance with principles

More information

REQUEST FOR PROPOSAL/QUALIFICATIONS FOR INDEPENDENT FINANCIAL ADVISOR. Issued by the Town of Bedford

REQUEST FOR PROPOSAL/QUALIFICATIONS FOR INDEPENDENT FINANCIAL ADVISOR. Issued by the Town of Bedford REQUEST FOR PROPOSAL/QUALIFICATIONS FOR INDEPENDENT FINANCIAL ADVISOR Issued by the Town of Bedford Chris Burdick, Supervisor David Gabrielson, Deputy Supervisor Francis Corcoran Marybeth Kass Lisbeth

More information

Property Tax Cap Fiscal Years Beginning 2014

Property Tax Cap Fiscal Years Beginning 2014 New York State Office of the State Comptroller Thomas P. DiNapoli State Comptroller Property Tax Cap Fiscal Years Beginning Property Tax Cap Instructions The State Legislature and the Governor enacted

More information

Current Health Plan Funding Opportunities. David W. Powell and Christine L. Keller. Groom Law Group Washington, D.C.

Current Health Plan Funding Opportunities. David W. Powell and Christine L. Keller. Groom Law Group Washington, D.C. Current Health Plan Funding Opportunities David W. Powell and Christine L. Keller Groom Law Group Washington, D.C. I. Review of Funding Vehicles A. Health Reimbursement Arrangement (HRA) 1. The IRS defined

More information

JACKSON COUNTY, GEORGIA COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE FISCAL YEAR ENDED December 31, 2015 TABLE OF CONTENTS

JACKSON COUNTY, GEORGIA COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE FISCAL YEAR ENDED December 31, 2015 TABLE OF CONTENTS COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE FISCAL YEAR ENDED TABLE OF CONTENTS INTRODUCTORY SECTION Letter of Transmittal Certificate of Achievement for Excellence in Financial Reporting Organizational

More information

FORT VANCOUVER REGIONAL LIBRARY DISTRICT Notes to Financial Statements December 31, 2014

FORT VANCOUVER REGIONAL LIBRARY DISTRICT Notes to Financial Statements December 31, 2014 NOTE 1 SUMMARY OF ACCOUNTING POLICIES The Fort Vancouver Regional Library District is a special purpose government that provides library services to the general public and is supported primarily through

More information

Section 12 - TAXATION

Section 12 - TAXATION Section 12 - TAXATION ORDINANCE PERTAINING TO ELIMINATION OF BOARD OF ASSESSORS AND APPOINTMENT OF PART-TIME ASSESSOR RESOLVED, that the present Board of Assessors of the Town of Deep River be eliminated

More information

COUNTY OF UNION, NEW JERSEY

COUNTY OF UNION, NEW JERSEY CITY OF ELIZABETH COUNTY OF UNION, NEW JERSEY REQUEST FOR QUALIFICATIONS FINANCIAL ADVISORARY SERVICES Contract Term 2017 State Fiscal Year (Ending June 30, 2017) SUBMISSION DEADLINE 11:00 A.M. MAY 12,

More information

REQUEST FOR PROPOSAL BANKING SERVICES FOR MEDFORD TOWNSHIP, NEW JERSEY. Medford Township Chief Financial Officer 17 N Main Street Medford, NJ 08055

REQUEST FOR PROPOSAL BANKING SERVICES FOR MEDFORD TOWNSHIP, NEW JERSEY. Medford Township Chief Financial Officer 17 N Main Street Medford, NJ 08055 REQUEST FOR PROPOSAL BANKING SERVICES FOR MEDFORD TOWNSHIP, NEW JERSEY I. Background Medford Township is seeking proposals from financial institutions to provide the Township s primary banking services.

More information

WATER REVENUE BONDS PROGRAM LOAN APPLICATION

WATER REVENUE BONDS PROGRAM LOAN APPLICATION COLORADO WATER RESOURCES AND POWER DEVELOPMENT AUTHORITY WATER REVENUE BONDS PROGRAM LOAN APPLICATION A. Applicant (Governmental Entity) I. GENERAL INFORMATION Name Phone # Address Fax # B. Designated

More information

CITY OF AURORA, ILLINOIS POLICE PENSION FUND ANNUAL FINANCIAL REPORT. For the Year Ended December 31, 2014

CITY OF AURORA, ILLINOIS POLICE PENSION FUND ANNUAL FINANCIAL REPORT. For the Year Ended December 31, 2014 ANNUAL FINANCIAL REPORT For the Year Ended December 31, 2014 TABLE OF CONTENTS Page(s) INDEPENDENT AUDITOR S REPORT... 3-4 MANAGEMENT S DISCUSSION AND ANALYSIS... MD&A 1-5 BASIC FINANCIAL STATEMENTS Statement

More information

TOWN OF PROSPECT, CONNECTICUT

TOWN OF PROSPECT, CONNECTICUT BASIC FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION FOR THE YEAR ENDED JUNE 30, 2015 ANNUAL REPORT FOR THE YEAR ENDED JUNE 30, 2015 Table of Contents Independent Auditor's Report 4 Management's Discussion

More information

PLAINFIELD CHARTER TOWNSHIP KENT COUNTY, MICHIGAN ORDINANCE NO. RESOLUTION NO.

PLAINFIELD CHARTER TOWNSHIP KENT COUNTY, MICHIGAN ORDINANCE NO. RESOLUTION NO. PLAINFIELD CHARTER TOWNSHIP KENT COUNTY, MICHIGAN ORDINANCE NO. RESOLUTION NO. AN ORDINANCE TO AMEND PLAINFIELD CHARTER TOWNSHIP ORDINANCE NO. 612, TO PROVIDE FOR A SERVICE CHARGE IN LIEU OF TAXES FOR

More information

Sylacauga, City of, Alabama (AL)

Sylacauga, City of, Alabama (AL) Sylacauga, City of, Alabama (AL) 1City of Sylacauga, Alabama General Obligation Warrants, Series 2015, $17,550,000, Dated: August 4, 2015 2 City of Sylacauga, Alabama General Obligation Warrants, BAB B

More information

ANNUAL REPORT COVER SHEET

ANNUAL REPORT COVER SHEET This cover sheet, the Annual Report, and the Comprehensive Annual Financial Report (CAFR) are being sent to the Municipal Securities Rulemaking Board's Electronic Municipal Market Access (EMMA) pursuant

More information

Description of the Loan Repayment Assistance Program

Description of the Loan Repayment Assistance Program May 2015 Revision, effective for calendar years beginning 2016 Description of the Loan Repayment Assistance Program I. ELIGIBILITY AND DEFINITIONS A. Eligible Graduates. Any J.D. graduate of Notre Dame

More information

VILLAGE OF LIBERTYVILLE 2014 TAX LEVY PUBLIC HEARING INFORMATION GUIDE

VILLAGE OF LIBERTYVILLE 2014 TAX LEVY PUBLIC HEARING INFORMATION GUIDE VILLAGE OF LIBERTYVILLE 2014 TAX LEVY PUBLIC HEARING INFORMATION GUIDE Tax Levy Process In order to collect a property tax, government agencies in the State of Illinois are required to establish a "tax

More information

Budget Process. Budget Calendar. The City s fiscal year is July 1 through June 30.

Budget Process. Budget Calendar. The City s fiscal year is July 1 through June 30. Budget Process The City s fiscal year is July 1 through June 30. To establish the budget, the Finance Department develops a plan for expenditure of projected available resources for the coming fiscal year.

More information

SUPREME COURT PROCEDURES GOVERNING THE PRIVATE COLLECTION OF MUNICIPAL COURT DEBT UNDER L. 2009, C. 233

SUPREME COURT PROCEDURES GOVERNING THE PRIVATE COLLECTION OF MUNICIPAL COURT DEBT UNDER L. 2009, C. 233 SUPREME COURT PROCEDURES GOVERNING THE PRIVATE COLLECTION OF MUNICIPAL COURT DEBT UNDER L. 2009, C. 233 Promulgated March 31, 2011 Table of contents Preface 1. Purpose 2. Definitions 3. Process Overview

More information

Debt Management. Department Description

Debt Management. Department Description Department Description Debt Management conducts planning, structuring, and issuance activities for short-term and long-term financing to meet the City's cash flow needs and to provide funds for capital

More information