2021 Municipal Budget
of the
BOROUGH
of
SOMERVILLE
County of
SOMERSET
for the fiscal year 2021.
Revenue and Appropriations Summaries
| Summary of Revenues | Anticipated | |
|---|---|---|
| 2021 | 2020 | |
| 1. Surplus | 2,700,000.00 | 4,343,000.00 |
| 2. Total Miscellaneous Revenues | 4,954,997.93 | 4,646,009.79 |
| 3. Receipts from Delinquent Taxes | 515,000.00 | 515,000.00 |
| 4. a) Local Tax for Municipal Purposes | 12,872,833.49 | 12,917,496.45 |
| b) Addition to Local School District Tax | ||
| c) Minimum Library Tax | ||
| Tot Amt to be Rsd by Taxes for Sup of Muni Bnd | 12,872,833.49 | 12,917,496.45 |
| Total General Revenues | 21,042,831.42 | 22,421,506.24 |
| Summary of Appropriations | 2021 Budget | Final 2020 Budget |
|
1. Operating Expenses:
Salaries & Wages
|
6,593,000.00 | 6,262,800.00 |
|
Other Expenses
|
7,302,712.42 | 7,266,413.24 |
| 2. Deferred Charges & Other Appropriations | 2,014,964.00 | 1,589,678.00 |
| 3. Capital Improvements | 425,000.00 | 2,650,000.00 |
| 4. Debt Service (Include for School Purposes) | 2,557,155.00 | 2,502,615.00 |
| 5. Reserve for Uncollected Taxes | 2,150,000.00 | 2,150,000.00 |
| Total General Appropriations | 21,042,831.42 | 22,421,506.24 |
| Total Number of Employees | 65 | |
| Summary of Revenues | Anticipated | |
|---|---|---|
| 2021 | 2020 | |
| 1. Surplus | 150,000.00 | 137,000.00 |
| 2. Miscellaneous Revenues | 2,950,000.00 | 2,988,000.00 |
| 3. Deficit (General Budget) | ||
| Total Revenues | 3,100,000.00 | 3,125,000.00 |
| Summary of Appropriations | 2021 Budget | Final 2020 Budget |
|
1. Operating Expenses:
Salaries & Wages
|
240,000.00 | 240,000.00 |
|
Other Expenses
|
2,580,000.00 | 2,771,000.00 |
| 2. Capital Improvements | 100,000.00 | 20,000.00 |
| 3. Debt Service | 70,000.00 | 9,000.00 |
| 4. Deferred Charges & Other Appropriations | 110,000.00 | 85,000.00 |
| 5. Surplus (General Budget) | ||
| Total Appropriations | 3,100,000.00 | 3,125,000.00 |
| Total Number of Employees | ||
| Summary of Revenues | Anticipated | |
|---|---|---|
| 2021 | 2020 | |
| 1. Surplus | 227,500.00 | 275,000.00 |
| 2. Miscellaneous Revenues | 397,000.00 | 622,500.00 |
| 3. Deficit (General Budget) | ||
| Total Revenues | 624,500.00 | 897,500.00 |
| Summary of Appropriations | 2021 Budget | Final 2020 Budget |
|
1. Operating Expenses:
Salaries & Wages
|
180,000.00 | 173,500.00 |
|
Other Expenses
|
422,500.00 | 524,000.00 |
| 2. Capital Improvements | 175,000.00 | |
| 3. Debt Service | 22,000.00 | 25,000.00 |
| 4. Deferred Charges & Other Appropriations | ||
| 5. Surplus (General Budget) | ||
| Total Appropriations | 624,500.00 | 897,500.00 |
| Total Number of Employees | ||