SURPLUS - CURRENT FUND
YEAR 2022
| Debit | Credit | |
|---|---|---|
|
1.
Balance - January 1, 2022
|
xxxxxxxxx | 11,445,711.14 |
|
2.
|
xxxxxxxxx | |
|
3.
Excess Resulting from 2022 Operations
|
xxxxxxxxx | 5,949,747.15 |
|
4.
Amount Appropriated in the 2022 Budget - Cash
|
3,950,000.00 | xxxxxxxxx |
|
5.
Amount Appropriated in 2022 Budget - with Prior
Written Consent of Director of Local Government Services |
- | xxxxxxxxx |
|
6.
|
xxxxxxxxx | |
|
7.
Balance - December 31, 2022
|
13,445,458.29 | xxxxxxxxx |
| 17,395,458.29 | 17,395,458.29 |
ANALYSIS OF BALANCE AS AT DECEMBER 31, 2022
(FROM CURRENT FUND - TRIAL BALANCE)
| Cash | 17,224,256.44 | |
| Investments | ||
| Change Funds | 350.00 | |
| Sub Total | 17,224,606.44 | |
| Deduct Cash Liabilities Marked with "C" on Trial Balance | 3,821,996.66 | |
| Cash Surplus | 13,402,609.78 | |
| Deficit in Cash Surplus | ||
| Other Assets Pledged to Surplus:* | ||
|
(1) Due from State of N.J. Senior Citizens and Veterans Deduction |
42,848.51 | |
| Deferred Charges # | ||
| Cash Deficit # | ||
| Total Other Assets | 42,848.51 | |
|
* IN THE CASE OF A "DEFICIT IN CASH SURPLUS", "OTHER ASSETS" WOULD ALSO BE PLEDGED TO CASH LIABILITIES. |
13,445,458.29 | |
# MAY NOT BE ANTICIPATED AS NON-CASH SURPLUS IN 2023 BUDGET.
(1) MAY BE ALLOWED UNDER CERTAIN CONDITIONS.
NOTE: Deferred charges for authorizations under N.J.S.A. 40A:4-55 (Tax Map, etc.), N.J.S.A. 40A:4-55 (Flood Damage, etc.), N.J.S.A. 40A:4-55.1 (Roads and Bridges, etc.) and N.J.S.A. 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.