B-1
BOROUGH OF SOMERVILLE
TRUST FUND
CASH AND RESERVE ACTIVITY
YEAR ENDED DECEMBER 31, 2022
| Balance |
Cash
|
Balance | |||
|---|---|---|---|---|---|
| Dec. 31, 2021 | Receipts | Disbursements | Adjustments | Dec. 31, 2022 | |
| Assessment Trust Fund: | |||||
| Assessments Receivable | $(1,137.76) |
$59.71 |
$(1,078.05) |
||
| Due from Current Fund | (11,269.78) |
$59.71 |
(11,329.49) |
||
| Due to General Capital Fund | 22,875.06 |
22,875.06 |
|||
| Total | 10,467.52 |
59.71 |
59.71 |
10,467.52 |
|
| Animal Control: | |||||
| Due to Current Fund | 17,948.38 |
$4,481.80 |
22,430.18 |
||
| Due to State of Nj - License Fees | 512.40 |
512.40 |
|||
| Animal Control Reserves | 10,863.00 |
4,756.60 |
991.80 |
(4,481.80) |
10,146.00 |
| Total | 28,811.38 |
5,269.00 |
1,504.20 |
- |
32,576.18 |
| Trust - Other Funds: | |||||
| Accounts Receivable - HUD | (8,261.00) |
(8,261.00) |
|||
| CDBG Receivable | (44,385.89) |
(44,385.89) |
|||
| Interfunds Receivable: | |||||
| Due from Current Fund | (215,510.42) |
(215,510.42) |
|||
(268,157.31) |
(268,157.31) |
||||
| Interfunds Payable: | |||||
| Due to Public Assistance Fund | 25,533.60 |
25,533.60 |
|||
25,533.60 |
25,533.60 |
||||
| Reserve for: | |||||
| Miscellaneous Deposits | 2,931,543.45 |
4,242,968.81 |
3,113,819.25 |
(3,529.14) |
4,064,222.15 |
| Payroll Agency | 294,356.06 |
1,334,078.44 |
1,079,196.38 |
549,238.12 |
|
| CDBG Expenditures | 44,385.89 |
44,385.89 |
|||
| SUI Fund | 100,922.23 |
13,967.66 |
1,465.18 |
113,424.71 |
|
| Builders Escrow | 135,397.90 |
178,167.27 |
119,849.92 |
193,715.25 |
|
| Tax Redemption Trust | 710,300.00 |
647,400.00 |
286,200.00 |
1,071,500.00 |
|
| Recreation Trust | 135,702.58 |
46,479.49 |
30,312.37 |
151,869.70 |
|
| Housing Assistance Program | 175,121.22 |
2,553,608.51 |
2,513,151.46 |
215,578.27 |
|
| Law Enforcement Trust | 68,132.72 |
966.01 |
28,634.51 |
40,464.22 |
|
| Credit Card Fee Accounts | 10,389.80 |
4,023.48 |
2,392.50 |
12,020.78 |
|
| Planning/Zoning Escrow | 193,524.93 |
31,194.60 |
162,330.33 |
||
| Encumbrances | 310,610.74 |
3,529.14 |
307,081.60 |
||
4,674,238.88 |
9,215,184.60 |
7,206,216.17 |
- |
6,683,207.31 |
|
$4,470,894.07 |
$9,225,842.02 |
$7,207,780.08 |
$- |
$6,483,627.30 |
|
| REF. | B | B | |||