BOROUGH OF SOMERVILLE
CURRENT FUND
A-2
Page 1 of 2
STATEMENT OF REVENUES
REGULATORY BASIS
YEAR ENDED DECEMBER 31, 2021
REF. |
ANTICIPATED 2021 BUDGET |
APPROP. N.J.S.A. 40A:4-87 |
REALIZED |
EXCESS OR (DEFICIT) |
|
|---|---|---|---|---|---|
| Surplus Anticipated | $2,700,000.00 | $ | $2,700,000.00 | $ | |
| Total Surplus Anticipated | A-1 | 2,700,000.00 | 2,700,000.00 | ||
| Miscellaneous Revenues: | |||||
| Licenses: | |||||
| Alcoholic Beverages | 32,000.00 | 32,622.00 | 622.00 | ||
| Other | 29,500.00 | 28,643.00 | (857.00) | ||
| Fees and Permits | 155,000.00 | 165,205.71 | 10,205.71 | ||
| Fines and Costs: | |||||
| Municipal Court | 177,000.00 | 114,252.92 | (62,747.08) | ||
| Interest and Costs on Taxes | 160,000.00 | 176,500.13 | 16,500.13 | ||
| Interest on Investments and Deposits | 80,000.00 | 105,520.29 | 25,520.29 | ||
| Recreation Programs | 21,500.00 | 37,694.00 | 16,194.00 | ||
| Sale of Garbage Decals | 20,000.00 | 27,916.00 | 7,916.00 | ||
| Rent of Office Facilities | 4,000.00 | 5,090.00 | 1,090.00 | ||
| Energy Receipts Tax | 1,404,290.00 | 1,404,290.00 | - | ||
| Dedicated Uniform Construction Code Fees Offset | |||||
| with Appropriations (N.J.S.A. 40A:4-36 and N.J.A.C. 5:23-4.17): | |||||
| Uniform Construction Code Fees | 500,000.00 | 736,056.00 | 236,056.00 | ||
| Public and Private Revenues Offset with Approps.: | |||||
| Body Armor Replacement fund | 2,464.25 | 2,464.25 | - | ||
| Recycling Tonnage Grant | 11,856.17 | 11,856.17 | - | ||
| Youth Services Program | 5,000.00 | 5,000.00 | - | ||
| Community Development Block Grant | 77,442.00 | 77,442.00 | - | ||
| Body Worn Camera Grant | 65,216.00 | 65,216.00 | - | ||
| Clean Communities Grant | 23,415.60 | 23,415.60 | - | ||
| Hazardous Discharge Site Remediation Grant | 482,000.00 | 482,000.00 | - | ||
| EMAA Grant - Office of Emergency Management | 10,000.00 | 10,000.00 | - | ||
| Municipal Alliance Grant | 6,793.00 | 6,793.00 | - | ||
| CDBG Senior Housing - COVID Grant | 114,763.38 | 114,763.38 | - | ||
| CDBG Public Library Fixtures - COVID Grant | 11,860.43 | 11,860.43 | - | ||
| Other Special Items: | |||||
| Uniform Fire Safety Act | 110,000.00 | 106,301.82 | (3,698.18) | ||
| Cable TV Franchise Fees | 137,945.51 | 137,945.51 | - | ||
| Somerville Senior Citizen Housing Inc. | 100,000.00 | 119,522.67 | 19,522.67 | ||
| JSM - P.I.L.O.T. | 430,000.00 | 423,047.17 | (6,952.83) | ||
| ERG - Contribution Debt Service | 410,000.00 | 410,000.00 | - | ||
| DSA Contribution | 45,000.00 | 45,000.00 | - | ||
| SC Social SVCS. Blvd - P.I.L.O.T. | 125,000.00 | 144,876.50 | 19,876.50 | ||
| COBOLT - 70 - VWD - P.I.L.O.T. | 157,000.00 | 233,454.81 | 76,454.81 | ||
| PILOT - RWJ University Hospital | 311,000.00 | 340,545.00 | 29,545.00 | ||
| Storms - 6 N. Doughty - P.I.L.O.T. | 30,000.00 | 35,180.63 | 5,180.63 | ||
| PILOT - SOMA - Bridge St | 65,000.00 | 79,579.05 | 14,579.05 | ||
| PILOT - Desapio - 46 Main | 74,000.00 | 90,576.25 | 16,576.25 | ||
| Reserve for Debt Premium 2020 | 280,000.00 | 280,000.00 | - | ||
| Total Miscellaneous Revenues | A-1,A-11 | 4,954,997.93 | 714,048.41 | 6,090,630.29 | 421,583.95 |
| Receipts from Delinquent Taxes | A-1,A-2 | 515,000.00 | 653,391.65 | 138,391.65 | |
| Subtotal General Revenues | 5,469,997.93 | 714,048.41 | 6,744,021.94 | 559,975.60 | |
| Amount to be Raised by Taxes for Support of Municipal Budget: | |||||
| Local Tax for Municipal purposes Including | |||||
| Reserve for Uncollected Taxes | A-2 | 12,872,833.49 | 14,556,246.20 | 1,683,412.71 | |
| Total General Revenues | 21,042,831.42 | 714,048.41 | 24,000,268.14 | $2,243,388.31 | |
| Non-Budget Revenues | A-1 | 441,522.72 | |||
| $21,042,831.42 | $714,048.41 | $24,441,790.86 | |||
| ( ) Denotes Deficit | REF. | A-3 | A-3 | ||