A-8
BOROUGH OF SOMERVILLE
CURRENT FUND
DUE FROM STATE OF NEW JERSEY PER CH. 129, P.L. 1976
YEAR ENDED DECEMBER 31, 2021
| REF. | |||
|---|---|---|---|
| Balance - December 31, 2020 | A |
$
40,749.19
|
|
| Increased by: | |||
| Deductions Allowed Per Tax Billings | A-8 |
$
39,500.00
|
|
| Deductions Allowed by Collector | A-8 |
250.00
|
|
|
39,750.00
|
|||
|
80,499.19
|
|||
| Decreased by: | |||
| Cash Receipts | A-4 |
38,650.68
|
|
| Balance - December 31, 2021 | A |
$
41,848.51
|
|
| Analysis of Realized Revenue for 2021: | |||
| Deductions Allowed Per Tax Billings | A-8 |
$
39,500.00
|
|
| Deductions Allowed by Collector | A-8 |
250.00
|
|
|
39,750.00
|
|||
| Realized as Revenue | A-7 |
$
39,750.00
|
|
| State Reimbursement: | |||
| Senior Citizens |
$
2,900.68
|
||
| Veterans |
35,750.00
|
||
| Subtotal |
38,650.68
|
||
| Administrative Fee |
773.01
|
||
| Total |
$
39,423.69
|
||