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2014 MUNICIPAL BUDGET
of the Borough of Carteret, County of
Middlesex for the Calendar Year 2014
Revenue and Appropriation Summaries
Summary of Revenues
Anllcl
Wed
2014
2013
14,378,000.00
Other Expanses
1. Surplus
2,500000.00
2,000,000.00
2. Total Miscellaneous Revenues
11,289,624.02
13,200,962.91
3. Receipts from Delinquent Taxes
810
860,000.0
4.a Local Tax for Municipal Purposes
22181711.98
21,970,659.75
b Addition to Local Distdcl School Tax
1,800,000.00
Total General Appropriations
Total Amount to be Raised by Taxes for Support
of Municipal Budget
22,181,711,98
21,870,859.76
Minimum Libra Tax
842,388.21
678,466.48
Total General Revenues
37 433 724.19
38,710 089.20
Summary ofAppropriations
2014
Budget
Final 2013
Budget
1. Operating Expenses: Salado$ & Wages
14,688,600.00
14,378,000.00
Other Expanses
11,306,930.00
11,277,840.00
2. Deferred Charges & Other Appropriations
6,768,309.23
7,685,360.22
3. Capital Improvements
1
1,48D 344.00
4. Debt Service
1,979,127.98
2,078,554.88
6. Reserve for Uncollected Taxes
1,500,000.00
1,800,000.00
Total General Appropriations
37433724.19
38,710089.20
Total Number of Employees
146
163
Balance of outstanding bobt at December 31, 2013
'(Includes Debt SeMca propriation Listed Above
General
Water
LIHN
Water &Sewer
Ltulity
GOter
utili
Bond Interest -2014
132,900.00
Na
Na
Na
Bond Principal - 2014
885,000.00
Na I
Na
*Outstanding Bond principal Balance
1 3.655,000.001
Na
I Na I
I Na
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 6, 2014.
A Hearing on the Budget and Tax Resolution will be hold at the Council Chambers,
Municipal Building, on May 16, 2014 at 6:00 o'clock P.M., at which time and place
objections to said budget and Tax Resolution for the year 2014 may be presented by
taxpayers or other interested persons.
Copies of the budget are available in the office of Kathleen M. Barney, Borough
Clerk, Office of the Borough Clerk, 61 Cooke Avenue, Carteret, New Jersey, (732) 641 -3800,
during the hours of 8:00 A.M. to 4:00 P.M. each weekday.
AFFIDAVIT OF PUBLICATION
The following is a true copy of an Ordinance or Resolution of
the Borough of Carteret that has appeared in the Star Ledger,
a newspaper which is printed in Newark, New Jersey and
published in Essex County, of general circulation in said ,
2014county and state. One (1) time(s) once in each issue as
follows:
May 3, 2014
Notary Pullffv �Tersey Kathleen M. Barney, MM�
Inrn p�� q OF jAu d,, ?r,, Municipal Clerk
P.. UR IC .
MY WwMiAON ;'11 �:a /Mi L
Sworn and Subscribed before
Me this �� day of h e `f