| TOWNSHIP OF CHESTERFIELD | ||
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2008 Municipal Budget |
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Revenue and Appropriation Summaries |
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| Summary of Revenues | Anticipated | |
| 2008 | 2007 | |
| 1. Surplus | $2,145,000.00 | $1,454,000.00 |
| 2. Miscellaneous Revenues | $3,001,953.00 | $1,546,689.81 |
| 3. Receipts from Delinquent Taxes | $300,000.00 | $195,000.00 |
| 4. a) Local Tax for Municipal Purposes | $302,933.00 | $278,872.00 |
| b) Addition to Local District School Tax | $ - | $ - |
| Total Amount to be Raised by Taxes for Support | ||
| of Municipal Budget | $302,933.00 | $278,872.00 |
| TOTAL GENERAL REVENUES | $ 5,749,886.00 | $ 3,474,561.81 |
| Summary of Appropriations | 2008 Budget | Final 2007 Budget |
| 1. Operating Expenses: Salaries and Wages | $1,476,562.00 | $1,345,344.00 |
| Operating Expenses | $1,183,459.42 | $1,073,544.39 |
| 2. Deferred Charges & Other Appropriations | $1,960,285.58 | $162,479.61 |
| 3. Capital Improvements | $310,679.00 | $287,360.00 |
| 4. Debt Service (Incllude for School Purposes) | $291,000.00 | $295,000.00 |
| 5. Reserve for Uncollected Taxes | $527,900.00 | $305,200.00 |
| TOTAL GENERAL APPROPRIATIONS | $ 5,749,886.00 | $ 3,468,928.00 |
| Total Number of Employees | 29 | 29 |
| 2007 Dedicated Sewer Utility Budget | ||
| Summary of Revenues | Anticipated | |
| 2008 | 2007 | |
| 1. Surplus | $343,200.00 | $329,000.00 |
| 2. Miscellaneous Revenues | $471,000.00 | $432,000.00 |
| 3. Deficit (General Budget) | ||
| TOTAL REVENUES | $ 814,200.00 | $ 761,000.00 |
| Summary of Appropriations | 2008 Budget | Final 2007 Budget |
| 1. Operating Expenses: Salaries and Wages | $18,000.00 | $11,000.00 |
| Other Expenses | $100,000.00 | $100,000.00 |
| 2. Capital Improvements | $230,000.00 | $230,000.00 |
| 3. Debt Service | $424,700.00 | $419,000.00 |
| 4. Deferred Charges and Other Appropriations | $1,500.00 | $1,000.00 |
| 5. Surplus (General Budget) | $ - | $ - |
| TOTAL APPROPRIATIONS | $ 774,200.00 | $ 761,000.00 |
| Total Number of Employees | 1 | 1 |
| Balance of Outstanding Debt | General | Sewer Utility |
| Interest | $348,276.00 | $1,000,149.00 |
| Principal | $905,000.00 | $4,486,599.00 |
| Outstanding Balance | $ 1,253,276.00 | $ 5,486,748.00 |
| Notice is hereby given that the budget and tax resolution was approved by the Township Committee of the Township of | ||
| Chesterfield, County of Burlington on March 12, 2008. | ||
| A hearing on the budget and tax resolution will be held at the Municipal Building on April 9, 2008 at 7:30 PM at which time and place | ||
| objections to the budget and tax resolution for the year 2008 may be presented by taxpayers or other interested persons. | ||
| Copies of the budget are available in the office of the Township Clerk at the Municipal Building, 300 Bordentown- | ||
| Chesterfield Road, Chesterfield, New Jersey (609) 298-2311 during the hours of 9:00 am to 4:00 pm, Monday through Friday. | ||
| Bonnie J. Haines, RMC | ||
| Township Clerk | ||