(FOR MUNICIPALITIES ONLY)

CURRENT TAXES - 2022 LEVY

1. Amount of Levy as per Duplicate (Analysis) #
$ 44,475,404.74
or
(Abstract of Ratables)
$
2. Amount of Levy - Special District Taxes
$
3. Amount Levied for Omitted Taxes under
N.J.S.A. 54:4-63.12 et seq.
$ 64,892.85
4. Amount Levied for Added Taxes under
N.J.S.A. 54:4-63.1 et seq.
$
5a. Subtotal 2022 Levy
$ 44,540,297.59
5b. Reductions Due to Tax Appeals**
$
5c. Total 2022 Tax Levy
$ 44,540,297.59
6. Transferred to Tax Title Liens
$ 39,960.62
7. Transferred to Foreclosed Property
$
8. Remitted, Abated or Canceled
$ 73,486.17
9. Discount Allowed
$
10. Collected in Cash: In 2021
$ 429,726.12
In 2022*
$ 43,176,434.74
Homestead Benefit Credit
$ 319,095.76
State's Share of 2022 Senior Citizens
and Veterans Deductions Allowed
$ 37,250.00
Total To Line 14
$ 43,962,506.62
11. Total Credits
$ 44,075,953.41
12. Amount Outstanding December 31, 2022
$ 464,344.18
13. Percentage of Cash Collections to Total 2022 Levy,
(Item 10 divided by Item 5c) is 98.70%
Note : If municipality conducted Accelerated Tax Sale or Tax Levy Sale check here and complete sheet 22a.
14. Calculation of Current Taxes Realized in Cash:
Total of Line 10
$ 43,962,506.62
Less: Reserve for Tax Appeals Pending
State Division of Tax Appeals
$
To Current Taxes Realized in Cash (Sheet 17)
$ 43,962,506.62
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 percentage to
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 2022 collections.
** Tax appeals pursuant to R.S. 54:3-21 et seq and/or R.S. 54:48-1 et seq approved by resolution of the governing
body prior to introduction of municipal budget