SURPLUS - CURRENT FUND
YEAR 2021
| Debit | Credit | |
|---|---|---|
| 1. Balance - January 1, 2021 | xxxxxxxxx | 9,427,161.97 |
| 2. | xxxxxxxxx | |
| 3. Excess Resulting from 2021 Operations | xxxxxxxxx | 4,722,779.74 |
| 4. Amount Appropriated in the 2021 Budget - Cash | 2,700,000.00 | xxxxxxxxx |
|
5. Amount Appropriated in 2021 Budget - with Prior Written Consent of Director of Local Government Services |
- | xxxxxxxxx |
| 6. | xxxxxxxxx | |
| 7. Balance - December 31, 2021 | 11,449,941.71 | xxxxxxxxx |
| 14,149,941.71 | 14,149,941.71 |
ANALYSIS OF BALANCE AS AT DECEMBER 31, 2021
(FROM CURRENT FUND - TRIAL BALANCE)
| Cash | 16,182,506.85 | |
| Investments | 327.32 | |
| Deferred Charge - Emergency (Hurricane Ida) | 1,350,000.00 | |
| Sub Total | 17,532,834.17 | |
| Deduct Cash Liabilities Marked with "C" on Trial Balance | 6,124,740.97 | |
| Cash Surplus | 11,408,093.20 | |
| Deficit in Cash Surplus | ||
| Other Assets Pledged to Surplus:* | ||
|
(1) Due from State of N.J. Senior
Citizens and Veterans Deduction |
41,848.51 | |
Deferred Charges # |
||
Cash Deficit # |
||
| Total Other Assets | 41,848.51 | |
|
* IN THE CASE OF A "DEFICIT IN CASH SURPLUS", "OTHER ASSETS" WOULD ALSO BE PLEDGED TO CASH LIABILITIES. |
11,449,941.71 | |
# MAY NOT BE ANTICIPATED AS NON-CASH SURPLUS IN 2022 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.