C-3

BOROUGH OF SOMERVILLE

GENERAL CAPITAL FUND

ANALYSIS OF CASH

YEAR ENDED DECEMBER 31, 2021

BALANCE
DEC. 31,
2020
BALANCE
DEC. 31,
2021
Fund Balance
$ 272,867.07
$ 304,102.47
Capital Improvement Fund
1,465,011.83
946,011.83
Reserve for Payment of Future Debt Service - ERG
1,098,987.61
1,217,400.61
Reserve for Payment of Future Debt Service
785,480.30
517,749.11
Reserve for Encumbrances Payable
467,890.76
620,715.00
N.J. D.O.T. Grants Receivable/Reserve
(4,175,639.02)
(3,545,022.31)
Due from SCIA
(3,303.34)
(3,303.34)
Improvement Authorizations:
ORD. NO. IMPROVEMENT DESCRIPTION
2227 Various Improvements
1,784.80
2332 Various Improvements
507.28
2412 Various Improvements General Capital
9,971.40
0.80
2420 Various Improvements
53,792.13
2441 Various Improvements
18,341.71
2468 Various Redevelopment Projects
2,760.12
2470 Various Improvements
83,959.56
2482/2574 Site Remediation at Landfill
2,053,335.01
2,027,289.11
2495 Redevelopment
(5,000.00)
(5,000.00)
2497 Various Improvements
(22,537.27)
(26,090.09)
2499 Sidewalk Assessment
(30,008.09)
(30,008.09)
2505 Purchase of a Fire Truck - SCIA
72,426.72
2518 Various Improvements
7,516.87
(27,097.11)
2550 Various Improvements
858,614.68
715,817.13
2570/2578 Various Improvements
1,000,779.94
618,191.94
2577 Sidewalk Assessment
1,245.00
1,245.00
2591 Acquisition of Police Mobile Radio System
(3,232.83)
(3,232.83)
2614 Various Improvements
844,754.84
766,080.46
2617 Parking Garage
(1,336.06)
418,481.10
2638 Various Improvements
705,340.29
2650 Firetruck
39,525.00
$ 4,858,971.02
$ 5,258,196.08
Ref. C C
See Independent Auditors' Report
89