C-7
BOROUGH OF SOMERVILLE
GENERAL CAPITAL FUND
DUE FROM VARIOUS GRANTOR AGENCIES
YEAR ENDED DECEMBER 31, 2022
| Balance | Balance | ||||
|---|---|---|---|---|---|
| Ordinance | December 31. | December 31. | |||
| Number | 2021 | Increases | Decreases | 2022 | |
| Receivable | |||||
| State Aid Allotment | 2109 | $37,500.00 | $37,500.00 | ||
| State Aid Allotment | 2124 | 18,750.00 | 18,750.00 | ||
| New Jersey DOT | 2189 | 68,750.00 | 68,750.00 | ||
| New Jersey DOT | 2286 | 10,943.03 | 10,943.03 | ||
| NJ Economic Development Authority | 2355 | 8,979.25 | 8,979.25 | ||
| New Jersey DOT | 2361 | 250,000.00 | $250,000.00 | ||
| Community Development Block Grant | 2361 | 16,309.21 | 16,309.21 | ||
| New Jersey DOT | 2377 | 230,000.00 | 230,000.00 | ||
| New Jersey DOT | 2420 | 27,910.69 | 27,910.69 | ||
| NJ Economic Development Authority - Hazardous Discharge | 2482 | 1,675,290.76 | 1,675,290.76 | ||
| New Jersey Environemntal Infrastructure Trust (NJEIT) | 2482 | 435,871.00 | 435,871.00 | ||
| Somerset County Improvement Authority (SCIA) - Fire Truck | 2505 | 51.60 | 51.60 | ||
| New Jersey Safe Routes to Schools | 2550 | 641,885.74 | 641,885.74 | ||
| New Jersey DOT - Davenport | 2614 | 122,781.03 | 122,781.03 | ||
| New Jersey DOT | 2638 | 400,000.00 | 300,000.00 | 100,000.00 | |
| New Jersey DOT - Various Road Improvements | 2670 | $394,000.00 | 394,000.00 | ||
| New Jersey DOT - Pocket Park Tansit Village | 2670 | 170,000.00 | 170,000.00 | ||
| $3,945,022.31 | $564,000.00 | $444,922.28 | $4,064,100.03 | ||
| REF. | C | Below | Below | C | |
| Funding of Ordinance | C-8 | $20,000.00 | |||
| Reserve for Grants Receivable | C-15 | 544,000.00 | |||
| $564,000.00 | |||||
| Above | |||||
| Funded by Current Fund appropriation | C-2 | $144,922.28 | |||
| NJ DOT Funding Received | C-2, C-15 | 300,000.00 | |||
| $444,922.28 | |||||
| Above | |||||