C-4
BOROUGH OF SOMERVILLE
GENERAL CAPITAL FUND
CAPITAL IMPROVEMENT FUND
YEAR ENDED DECEMBER 31, 2021
| REF. | |||
|---|---|---|---|
| Balance - December 31, 2020 | C | $ | 1,465,011.83 |
| Increased by: | |||
| 2021 Budget Appropriation | C- 2 | 425,000.00 | |
| 1,890,011.83 | |||
| Decreased by: | |||
| Improvement Authorizations Funded | C- 8 | 944,000.00 | |
| Balance - December 31, 2021 | C | $ | 946,011.83 |
C-5
DEFERRED CHARGES TO FUTURE TAXATION - FUNDED
YEAR ENDED DECEMBER 31, 2021
| REF. | |||||
|---|---|---|---|---|---|
| Balance - December 31, 2020 | C | $ | 19,713,701.32 | ||
| Decreased by: | |||||
| 2021 Budget Appropriation - Serial Bonds | C-10 | $ | 1,765,000.00 | ||
| 2021 Budget Appropriation - NJEIT Loans | C-11 | 220,194.13 | |||
| 2021 Budget Appropriation - SCIA Leases | C-16 | 101,180.92 | |||
| NJEIT Loans Principal Savings Credits | C-11 | 558,710.00 | |||
| 2,645,085.05 | |||||
| Balance - December 31, 2021 | C | $ | 17,068,616.27 | ||