HomeMy Public PortalAboutr 12-049RESOLUTION #12 -49
MUNICIPAL BUDGET NOTICE
Section 1
Municipal Budget of the Borough of Carteret , County of Middlesex for the Fiscal Year 2012
Be it Resolved, that the following statements of revenues and appropriations shall constitute the Municipal Budget for the Year 2012
Be it Further Resolved, that said Budget be published in the The Star Ledger -
in the issue of April 09 2012
The Governing Body of the Borough of Carteret does hereby approve the following as the Budget for the year 2012.
DI AZ
BELLINO Abstained
RECORDED VOTE DIMASCIO
(INSERT LAST NAME) Ayes KRUM Nays
SITARZ
Absent NAPLES
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 22nd 1 2012
A Hearing on the Budget and Tax Resolution will be held at Council Chambers Municipal Building on April 26 2012 at
(xxxJ
6:00 o'clock (P.M.) at which time and place objections to said Budget and Tax Resolution for the year 2012 may be presented by taxpayers or other
(Cross out one)
interested persons.
Sheet 2
EXPLANATORY STATEMENT
SUMMARY OF CURRENT FUND SECTION OF APPROVED BUDGET
Adopted at a meeting of the Municipal Council
March 22, 2012
Sheet a
A HLEEN M. BARNEY, MMC
Municipal Clerk
YEAR 2012
General Appropriations For:(Reference to item and sheet number should be omitted in advertised budget)
xxxxxxxxxxxxxxxxxxxxxxxx
xx
1. Appropriations within "CAPS " -
xxxxxxx xxxxxxxxxxxxxxxx
xx
(a) Municipal Purposes {(item H -1, Sheet 19)(N.J.S. 40AA -45.2)
28,415,249.00
2. Appropriations excluded from "CAPS"
xxxxxxxxxxxxxxxxxxxxxxxx
(a) Municipal Purposes item H -2, Sheet 28)(N.J.S. 40AA -45.3 as amended))
8,080,649.58
(b) Local District School Purposes in Municipal Bud et(item K, Sheet 29)
Total General Appropriations excluded from "CAPS" (item O, sheet 29)
36,495,898.58
3. Reserve for Uncollected Taxes (item M, Sheet 29) Based on Estimate 96.84% Percent of Tax Collections
1,800,000.00
Building Aid Allowance 2010 -$
4 Total General Appropriations (item 9, Sheet 29) for Schools -State Aid 2009 -$
38,295,898.58
5. Less: Anticipated Revenues Other Than Current Property Tax (item 5, Sheet 11)
(i.e. Surplus, Miscellaneous Revenues and Receipts from Delinquent Taxes)
16,404,883.45
6. Difference: Amount to be Raised by Taxes for Support of Municipal Budget (as follows)
xxxxxXxxxxxxxxxxxxxxxxxx
(a ) Local Tax for Municipal Purposes Including Reserve for Uncollected Taxes (item 6(a), Sheet 11)
21,122,532.13
(b) Addition to Local District School Tax (item 6(b), Sheet 11)
(c) Minimum Library Tax
768,483.00
Adopted at a meeting of the Municipal Council
March 22, 2012
Sheet a
A HLEEN M. BARNEY, MMC
Municipal Clerk