HomeMy Public PortalAboutr 11-047RESOLUTION #11 -47
'INTRODUCTION OF THE 2011 LOCAL MUNICIPAL -BUDGET"
MUNICIPAL BUDGET NOTICE
Section 1
Municipal Budget of the Borough of Carteret , County of Middlesex for the Fiscal Year 2011
Be it Resolved, that the following statements of revenues and appropriations shall constitute the Municipal Budget for the Year 2011
Be it Further Resolved, that said Budget be published in the The Star ledger
in the issue of March 21 , 2011
The Governing Body of the Borough of Carteret does hereby approve the following as the Budget for the year 2011.
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BELLING
bI MASCIO Abstained
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RECORDED VOTE KRUM
NAPLES
(INSERT LAST t1ArhE) Ayes Nays
SITARZ
Absent E A Z
Notice Is hereby given that the Budget and Tax Resolution was approved by the Governing Body of the Borough
of Carteret , County of Middlesex on March 3rd 2011
A Hearing on the Budget and Tax Resolution will be held at Council Chambers Municipal Building on April 7 2011 at
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6:00 o'clock (P. A.) at which time and place objections to said Budget and Tax Resolution for the year 2011 may be presented by taxpayers or other
interested persons.
Sheet 2
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1 1 1
EXPLANATORY STATEMENT
ci rhnnrtARV nr: RI IaRFwT EI Ihlll SECTION OE APPROVED BUDGET
Sheet ADOPTED THIS 3rd DAY dF MARCH, 2011.
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0
KATHLEEN M. BARNEY, MMC —
Municipal Clerk 1
YEAR 2011
General Appropriations For: Reference to item and sheet number should be omitted in advertised budget
1. Appropriations within "CAPS " -
(a) Municipal Purposes item H -1, Sheet 19 (N.J.S. 40A:4 -45.2
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28,501,075.00
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2. Appropriations excluded from "CAPS"
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(a) Municipal Purposes (item H -2, Sheet 28)(N.J.S. 40AA -45.3 as amended))
7,790,819.08
(b) Local District School Purposes in h4unicipal Budget ilem K, Sheet 29
Total General Appropriations excluded from "CAPS "(item 0, sheet 29 )
36,291,894.08
3. Reserve for Uncollected Taxes (item M, Sheet 29) Based on Estimate 96.98% Percent of Tax Collections
1,700,000.00
Building Aid Allowance 2010 -$
4 Total General Appropriations (item 9, Sheet 29) for Schools -State Aid 2009 -5
37,991,894.08
5, Less: Anticipated Revenues Other Than Current Property Tax (item 5, Sheet 11)
(i.e. Surplus, Miscellaneous Revenues and Receipts from Delinquent Tares )
16,876,163.34
6. Difference: Amount to be Raised by Taxes for Support of Municipal Budget as follows)
xxxxx).WX XxxxXXXY.xXxxxx
a) Local Tax for Municipal Purposes including Reserve for Uncollected Taxes (item 6(a), Sheet 11 )
21,115,730.74
(b ) Addition to Local District School Tax (item 6(b), Sheet 11
Sheet ADOPTED THIS 3rd DAY dF MARCH, 2011.
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0
KATHLEEN M. BARNEY, MMC —
Municipal Clerk 1