COMPUTATION OF APPROPRIATION:
RESERVE FOR UNCOLLECTED TAXES AND
AMOUNT TO BE RAISED BY TAXATION
IN 2024 MUNICIPAL BUDGET

On small screens, table rows are stacked for readability; year values are labelled within each row.

YEAR 2024 YEAR 2023
1 Total General Appropriations for 2024 Municipal Budget Statement Item 8(L) (Exclusive of Reserve for Uncollected Taxes) 28,117,284.30 XXXXXXXXXXX
2 Local District School Tax Actual 26,075,437.00
Estimate 26,727,322.93 XXXXXXXXXXX
3 Regional School District Tax Actual
Estimate XXXXXXXXXXX
4 Regional High School Tax Actual
Estimate XXXXXXXXXXX
5 County Tax Actual 5,765,839.07
Estimate 5,909,985.05 XXXXXXXXXXX
6 Special District Tax Actual 805,870.98
Estimate 821,988.40 XXXXXXXXXXX
7 Municipal Open Space Actual
Estimate XXXXXXXXXXX
8 Municipal Arts and Culture Actual
Estimate XXXXXXXXXXX
9 Total General Appropriations & Other Taxes 61,576,580.67
10 Less: Total Anticipated Revenues from 2024 in Municipal Budget (Item 5) 16,891,628.80
11 Cash Required from 2024 to Support Local Municipal Budget and Other Taxes 44,684,951.87
12 Amount of Item 11 divided by 95.92%
equals Amount to be Raised by Taxation (Percentage used must not exceed the applicable percentage shown by Item 13, Sheet 22)
46,584,951.87
Analysis of Item 12:
Local School District Tax (Line 2 Above) 26,727,322.93
Regional School District Tax (Line 3 Above) -
Regional High School Tax (Line 4 Above) -
County Tax (Line 5 Above) 5,909,985.05
Special District Tax (Line 6 Above) 821,988.40
Municipal Open Space Tax (Line 7 Above) -
Municipal Arts and Culture Tax (Line 8 Above) -
Tax in Local Municipal Budget 13,125,655.50
Total Amount (Line 12) 46,584,951.87
13 Appropriation: Reserve for Uncollected Taxes (Budget Statement, Item 8(M) (Item 12, Less Item 11) 1,900,000.00
Computation of "Tax in Local Municipal Budget"
Item 1 - Total General Appropriations 28,117,284.30
Item 13 - Appropriation: Reserve for Uncollected Taxes 1,900,000.00
Subtotal 30,017,284.30
Less: Item 10 - Total Anticipated Revenues 16,891,628.80
Amount to Be Raised by Taxation in Municipal Budget 13,125,655.50
Local Tax for Municipal Purpose 13,125,655.50
Addition to Local District School Tax
Minimum Library Tax