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HomeMy Public PortalAboutr 96:044 Date o1' Adoption FEBRUARY 8,_.1996 No. 96-44 APPROVING THE MUNICIPAL BUDGET OF THE BOROUGH OF CARTERET FOR THE FISCAL YEAR - 1996 BY THE GOVERNING BODY OF THE BOROUGH OF CARTEHET Local Budget of The Borough of carteret - County of Middlesex for the Fiscal Year - 1996 BE IT RNSOLVED, that the following statements of revenues and appropriations shall constitute the Municipal Budget for the Year 1996. General Appropriation for: 1. Appropriations wlthl "Caps" $~13,946t075.00 (a) Municipal Purposes 2 Appropriations excluded from "Caps" 5,590,611.9~ (a) Municipal Purposes Total General ApproprIatiOn Excluded From 5,590t611.99 "Caps" 3. Reserve for Uncollected Taxes Bases on Estimated 96.00 Percent of Tax Collections 1,200,000.00 20,736,686.9% 4 Total General Appropriations 5. Less: Anticipated Revenues Other Than 10,810,308.88 Current Property Tax 6. Difference: Amount to be Raised by Taxes for Support of Municipal Budget (a) Local Tax for Municipal Purposes Including Reserve for Uncollected Taxes ~ 9,926,378.1~ BE IT FURTHER HESOL~ED that said Budget be published in the Home News and Tribune in the issue of February 24, 1996. Notice is hereby given that the Budget and Tax-Resolution was approved by the GovernLng Body of The Borough of Carteret, County of Middlesex, on February 8, 1996. A hearing on the Budget and Tax-Resolution will be held at the Municipal Court on March 7, 1996 at 7:30 o'Clock (PM) at which time and place objections to said Budget and Tax Resolution for the Year 1996 may be presented by taxpayers or other interested persons. Adopted this 8th day of February, 1996 and certified as a true copy of the original on February 9, 1996. --ATHLEE~CMC K · Municipal Clerk ()!r coUNCILVOIL __ - FAZEKAS Adopmd at a meeting of the Municipal £:ounCi! ~ ~BRUAR~~ w 0 F-- § i° Ill