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2010 Budget & Audit
| Borough of South Plainfield Budget TY 2009 - Calendar 2010 |
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| TY | Proposed |
Final |
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| Summary of Revenues | 2009 | 2010 | Calendar 2010 | |||||||
| 1 | Surplus | 1,165,000.00 | 1,465,000.00 | 1,465,000 | ||||||
| 2 | Total Miscellaneous Revenues | 4,884,140.14 | 6,398,670.07 | 6,465,889 | ||||||
| STATE AID | - | - | ||||||||
| 3 | Receipts from Delinquent Taxes | 2,500.00 | 525,000.00 | 525,000 | ||||||
| 4. a | Local Tax for Municipal Purposes | 8,211,167.53 | 17,528,883.63 | 17,510,543 | ||||||
| Total General Revenues | 14,262,807.67 | 25,917,553.70 |
25,966,432 |
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| Summary of Appropriations |
TY |
Proposed |
Final |
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|
2009 |
2010 |
Calendar 2010 |
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| 1 | Operating Expenses: S & W | 5,494,405.52 | 10,354,529.15 | 10,398,407.15 | ||||||
| Other Expenses | 6,230,110.14 | 10,321,294.55 | 10,326,294.55 | |||||||
| 2 | Deferred Charges & Other | 403,960.00 | 2,104,748.00 | 2,104,748.00 | ||||||
| 3 | Capital Improvements | 40,000.00 | 175,000.00 | 175,000.00 | ||||||
| 4 | Debt Service | 1,361,482.01 | 1,585,382.00 | 1,585,382.00 | ||||||
| 5 | Judgements | 57,850.00 | 25,700.00 | 25,700.00 | ||||||
| 5 | Reserve for Uncollected Taxes | 675,000.00 | 1,350,900.00 | 1,350,900.00 | ||||||
| Total Appropriations | 14,262,807.67 | 25,917,553.70 | 25,966,432 | |||||||
| Property Tax Point | 142,689.00 | 142,689.00 | 142,790.00 | |||||||
| Assessed Valuation Base | 1,426,894,973 | 1,426,894,973 | 1,427,902,681 | |||||||
| Tax Rate | 1.1509 | 1.2285 | 1.2263 | |||||||
| AVERAGE HOME | 122,400 | 122,500 | 122,500 | |||||||
