BOROUGH OF SOMERVILLE
TABLE OF CONTENTS
| Exhibits | Page | |
|---|---|---|
| Independent Auditors’ Report | 1 | |
| PART I | Basic Financial Statements - Regulatory Basis | 5 |
| A | Comparative Balance Sheet - Current Fund | 6 |
| A-1 | Comparative Statements of Operations and Changes in Fund Balance - Current Fund |
7 |
| A-2 | Statements of Revenues - Current Fund | 8 |
| A-3 | Statement of Expenditures - Current Fund | 10 |
| B | Comparative Balance Sheet - Trust Fund | 17 |
| B-1 | Comparative Statement of Fund Balance | 18 |
| C | Comparative Balance Sheet - General Capital Fund | 19 |
| C-1 | Statement of Fund Balance - General Capital Fund | 20 |
| D | Comparative Balance Sheet - Sewer Utility Fund | 21 |
| D-1 | Comparative Statements of Operations and Changes in Operating Fund Balance - Sewer Utility Fund |
22 |
| D-2 | Statements of Fund Balance - Sewer Utility Operating Fund | 23 |
| D-3 | Statement of Revenues - Sewer Utility Operating Fund | 24 |
| D-4 | Statement of Expenditures - Sewer Utility Operating Fund | 25 |
| E | Comparative Balance Sheet - Parking Utility Fund | 26 |
| E-1 | Statement of Operations and Change in Fund Balance | 27 |
| E-2 | Statements of Revenues - Parking Utility Operating Fund | 28 |
| E-3 | Statement of Expenditures - Parking Utility Operating Fund | 29 |
| F | Comparative Balance Sheet - Public Assistance Trust Fund | 30 |
| G | Statement of Governmental Fixed Assets | 31 |
| Notes to Financial Statements | 32 | |
| PART II | Supplementary Schedules | 65 |
| Current Fund | 66 | |
| A-4 | Schedule of Current Fund Cash and Investments – Treasurer | 67 |
| A-5 | Schedule of Change Funds | 68 |
| A-6 | Schedule of Maintenance Liens Receivable | 68 |
| A-7 | Schedule of Taxes Receivable and Analysis of Property Tax Levy | 69 |
| A-8 | Schedule of Due from State of New Jersey Per CH. 129, P.L. 1976 | 70 |
| A-9 | Schedule of Property Acquired for Taxes - At Assessed Valuations | 71 |
| A-10 | Schedule of Various Accounts Payables & Reserves | 72 |
| A-11 | Schedule of Nonbudget Revenues & Various Accounts Receivables | 73 |
| A-12 | Schedule of Taxes Payable | 74 |
| A-13 | Schedule of Interfunds Receivable/Payable | 75 |
| A-14 | Schedule of 2020 Appropriation Reserves | 76 |
| A-15 | Schedule of Tax Overpayments | 78 |
| A-16 | Schedule of State and Federal Grants Receivable | 79 |
| A-17 | Schedule of Interfunds Receivable/Payable | 80 |
| A-18 | Schedule of Reserve for State and Federal Grants - Appropriated | 81 |
| A-19 | Schedule of Reserve for State and Federal Grants - Unappropriated | 82 |