COMPUTATION OF APPROPRIATION:

RESERVE FOR UNCOLLECTED TAXES AND

AMOUNT TO BE RAISED BY TAXATION

IN 2023 MUNICIPAL BUDGET

YEAR 2023 YEAR 2022
1 Total General Appropriations for 2023 Municipal Budget Statement Item
8(L) (Exclusive of Reserve for Uncollected Taxes)
21,923,243.93 XXXXXXXXXXX
2 Local District School Tax Actual 25,329,760.00
Estimate 25,836,355.20 XXXXXXXXXXX
3 Regional School District Tax Actual
Estimate XXXXXXXXXXX
4 Regional High School Tax Actual
Estimate XXXXXXXXXXX
5 County Tax Actual 5,381,850.80
Estimate 5,489,487.82 XXXXXXXXXXX
6 Special District Tax Actual 771,309.36
Estimate 786,735.55 XXXXXXXXXXX
7 Municipal Open Space Actual
Estimate XXXXXXXXXXX
8 Municipal Arts and Culture Actual
Estimate XXXXXXXXXXX
9 Total General Appropriations & Other Taxes 54,035,822.49
10 Less: Total Anticipated Revenues from 2023 in
Municipal Budget (Item 5)
11,017,283.15
11 Cash Required from 2023 to Support Local
Municipal Budget and Other Taxes
43,018,539.34
12 Amount of Item 11 divided by 95.24%
equals Amount to be Raised by Taxation (Percentage used must not
exceed the applicable percentage shown by Item 13, Sheet 22)
45,168,539.34
Analysis of Item 12:
Local School District Tax (Line 2 Above) 25,836,355.20
Regional School District Tax (Line 3 Above) -
Regional High School Tax (Line 4 Above) -
County Tax (Line 5 Above) 5,489,487.82
Special District Tax (Line 6 Above) 786,735.55
Municipal Open Space Tax (Line 7 Above) -
Municipal Arts and Culture Tax (Line 8 Above) -
Tax in Local Municipal Budget 13,055,960.78
Total Amount (Line 12) 45,168,539.34
13 Appropriation: Reserve for Uncollected Taxes (Budget
Statement, Item 8(M) (Item 12, Less Item 11)
2,150,000.00
Computation of "Tax in Local Municipal Budget"
Item 1 - Total General Appropriations 21,923,243.93
Item 13 - Appropriation: Reserve for Uncollected Taxes 2,150,000.00
Subtotal 24,073,243.93
Less: Item 10 - Total Anticipated Revenues 11,017,283.15
Amount to Be Raised by Taxation in Municipal Budget 13,055,960.78
Local Tax for Municipal Purpose 13,055,960.78
Addition to Local District School Tax
Minimum Library Tax