C-3

BOROUGH OF SOMERVILLE

GENERAL CAPITAL FUND


ANALYSIS OF CASH

YEAR ENDED DECEMBER 31, 2022

BALANCE
DEC. 31,
2021
BALANCE
DEC. 31,
2022
Fund Balance
$304,102.47
$330,315.57
Capital Improvement Fund
946,011.83
947,011.83
Contracts Payable
620,715.00
1,445,877.51
Reserve for Grant Receivable
400,000.00
644,000.00
Reserve for Payment of Future Debt Service ERG
1,217,400.61
1,133,489.77
Reserve for Payment of Future Debt Service
517,749.11
517,749.11
Due from Somerset County Improvement Authority
(3,303.34)
(3,303.34)
Interfunds
(22,875.06)
(22,875.06)
State Aid Receivable
(3,945,022.31)
(4,064,100.03)
Improvement Authorizations:
Ordinance # 2412
0.80
0.80
Ordinance # 2441
1,091.25
Ordinance # 2482
2,027,289.11
1,964,364.24
Ordinance # 2495
(5,000.00)
Ordinance # 2497
(26,090.09)
564.91
Ordinance # 2499
(30,008.09)
(30,008.09)
Ordinance # 2518
(27,097.11)
38,166.11
Ordinance # 2550
715,817.13
767,422.06
Ordinance # 2570
618,191.94
496,666.56
Ordinance # 2577
24,120.06
1,245.01
Ordinance # 2591
(3,232.83)
Ordinance # 2614
766,080.46
387,851.12
Ordinance # 2617
418,481.10
132,640.98
Ordinance # 2638
705,340.29
188,207.76
Ordinance # 2650
39,525.00
(723,245.92)
Ordinance # 2670/2684
178,568.64
Ordinance # 2675
4,999,525.00
$ 5,258,196.08
$ 9,331,225.79
C C