(FOR MUNICIPALITIES ONLY)
CURRENT TAXES - 2021 LEVY
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1.
Amount of Levy as per Duplicate (Analysis) #
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$
44,235,798.98
|
|
| or | ||
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(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. |
$
|
|
|
4.
Amount Levied for Added Taxes under
N.J.S.A. 54:4-63.1 et seq. |
$
|
|
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5a. Subtotal 2021 Levy
|
$
44,235,798.98
|
|
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5b. Reductions Due to Tax Appeals**
|
$
|
|
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5c. Total 2021 Tax Levy
|
$
44,235,798.98
|
|
|
6.
Transferred to Tax Title Liens
|
$
48,178.93
|
|
|
7.
Transferred to Foreclosed Property
|
$
|
|
|
8.
Remitted, Abated or Canceled
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$
5,302.63
|
|
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9.
Discount Allowed
|
$
|
|
|
10.
Collected in Cash: In 2020
|
$
417,093.82
|
|
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In 2021*
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$
43,231,769.98
|
|
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Homestead Benefit Credit
|
$
|
|
|
State's Share of 2021 Senior Citizens
and Veterans Deductions Allowed |
$
39,750.00
|
|
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Total To Line 14
|
$
43,688,613.80
|
|
|
11. Total Credits
|
$
43,742,095.36
|
|
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12. Amount Outstanding December 31, 2021
|
$
493,703.62
|
|
13.
Percentage of Cash Collections to Total 2021 Levy,
(Item 10 divided by Item 5c) is
98.76%
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
|
$
43,688,613.80
|
|
|
Less: Reserve for Tax Appeals Pending
State Division of Tax Appeals
|
$
|
|
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To Current Taxes Realized in Cash (Sheet 17)
|
$
43,688,613.80
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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%.
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 2021 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