Milford -- BUDGET - 2018
Local Government Services State of New Jersey
Year:
2018 Municipal User Friendly Budget
MUNICIPALITY:
289
1
Municode: 1020
Filename: 1020_fbi_2018.xlsm
Website: Phone Number: Mailing Address:
milford-nj.us
908-995-4323
PO Box 507
Municipality: Milford
State: NJ Zip: 08848
Email the UFB if not using Outlook
Mayor
First Name
Middle Name
Last Name
Term Expires
Business Email
Henry
R.
Schepens
12/31/2019
schepensmilfordboro@gmail.com
Chief Administrative Officer
Henry
R. Schepens Chief Financial Officer
schepensmilfordboro@gmail.com
Dawn
Merante
milfordcfo@gmail.com
Municipal Clerk
Karen
Dysart Registered Municipal Accountant
milfordclerk@gmail.com
Thomas
Ferry Governing Body Members
tomcparma@verizon.net
First Name
Middle Name
Last Name
Term Expires
Business Email
Robert
Castagna
12/31/2018 12/31/2018 12/31/2019 12/31/2019 12/31/2019 12/31/2019
kkdman2@aol.com
Elisa
Yager Sniffin
proud2blefty@yahoo.com
George Noralie Russell Robert
survey1@ptd.net
LaFevre
noralielafevremilfordboro@gmail.com
Heller White
rdheller@ptd.net
USER FRIENDLY BUDGET SECTION - PROPERTY TAX BREAKDOWN
Current Year 2018 Budget
2017 Calendar Year Property Tax Levies - ALL entities levying property taxes
Calendar Year
Calendar Year
% of
Avg Residential
Taxes
Actual/Estimated
Tax Levy
Tax Rate
Tax Levy
Total Levy Taxpayer Impact
Municipal Purpose Tax
0.696 0.034 0.000 0.000 0.000 1.678 0.774 0.326 0.000 0.000 0.032 0.000
$801,946.00
19.67% 0.95% 0.00% 0.00% 0.00% 47.38% 21.86% 9.24% 0.00% 0.00% 0.90% 0.00%
$1,630.30 Municipal Purpose Tax
ESTIMATED ESTIMATED
$815,851.00
Municipal Library
$38,822.00
$79.64 Municipal Library
$39,677.00
Municipal Open Space
$0.00 $0.00 $0.00
$0.00 Municipal Open Space
ACTUAL ACTUAL ACTUAL
$0.00 $0.00 $0.00
Fire Districts (avg. rate/total levies) Other Special Districts (total levies)
$0.00 Fire Districts (total levies)
$0.00 Other Special Districts (total levies)
Local School District
$1,931,752.00 $891,163.00 $376,535.41
$3,930.51 Local School District
ESTIMATED ESTIMATED ESTIMATED
$1,939,200.00 $785,850.00 $386,514.00
Regional School District
$1,813.00 Regional School District
County Purposes
$763.62 County Purposes
County Library
$0.00 $0.00
$0.00 County Library
ACTUAL ACTUAL
$0.00 $0.00
County Board of Health
$0.00 County Board of Health
County Open Space
$36,662.00
$74.96 County Open Space
ESTIMATED
$36,821.00
Other County Levies (total)
$0.00
$0.00 Other County Levies (total)
ACTUAL
$0.00
Total (Calendar Year 2017 Budget)
3.540
$4,076,880.41
100.00% $8,292.03 Total ESTIMATED amount to be raised by taxes
$4,003,913.00
Total Taxable Valuation as of
October 1, 2017
$115,180,712.00
Revenue Anticipated, Excluding Tax Levy
589,897.42
(To be used to calculate the current year tax rate)
Budget Appropriations, before Reserve for Uncollected Taxes
1,320,697.42 $3,148,385.00 $3,879,185.00 $106,825.07 $3,986,010.07
Current Year Average Residential Assessment
$234,238.00
Total Non-Municipal Tax Levy
Amount to be Raised by Taxes - Before RUT Reserve for Uncollected Taxes (RUT) Total Amount to be Raised by Taxes
Prior Year to Current Year Comparison
Comparison - Municipal Purposes Tax Rate Prior Year Current Year
% Change (+/-)
% of Tax Collections used to Calculate RUT
97.32%
0.696
0.706
1.36%
If % used exceeds the actual collection % then
reference the statutory exception used
Comparison - Municipal Purposes Tax Levy
Prior Year
Current Year
% Change (+/-)
$ Change (+/-)
$801,946.00
$815,851.00
1.73% $13,905.00
Tax Collections - ACTUAL as of Prior Year Total Tax Revenue, Collections CY 2017
3,988,861.15 4,089,464.77
Comparison - Impact on Avg. Residential Tax Payment (Municipal Purposes Only) Total Tax Levy, CY 2017
Prior Year
Current Year
% Change (+/-)
$ Change (+/-)
% of Taxes Collected, CY 2017
97.54%
$1,630.30
$1,652.55
1.36%
$22.25
Delinquent Taxes - December 31, 2017
$100,603.62
Sheet UFB-1
USER FRIENDLY BUDGET SECTION - ANTICIPATED REVENUE SUMMARY (ALL OPERATING FUNDS)
General
Open Space
% Difference Current vs. Prior Year
$ Difference Current vs. Prior Year
Total Realized Revenue (Prior Year)
Total Anticipated Revenue (Current Year)
FCOA
Budget
Budget
Utility
Utility
Utility
Utility
Utility
Utility
08 Surplus
1.41%
$2,200.00
$155,800.00 $31,942.91 $286,235.00
$158,000.00 $30,700.00 $286,235.00
$158,000.00 $30,700.00 $286,235.00
08 Local Revenue
-3.89% ($1,242.91)
09 State Aid (without offsetting appropriation)
0.00%
$0.00 $0.00
08 Uniform Construction Code Fees
#DIV/0!
$0.00
$0.00
$0.00
Special Revenue Items w/ Prior Written Consent
11 Shared Services Agreements
#DIV/0! #DIV/0!
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
08 Additional Revenue Offset by Appropriations
10 Public and Private Revenue
-77.90% ($22,519.58) -22.01% ($8,344.01) -8.29% ($7,323.66)
$28,909.00 $37,917.01 $88,323.66
$6,389.42 $29,573.00 $81,000.00
$6,389.42 $29,573.00 $81,000.00
08 Other Special Items
15 Receipts from Delinquent Taxes Amount to be raised by taxation 07 Local Tax for Municipal Purposes
-0.90% ($7,384.25)
$823,235.25 $38,822.00
$815,851.00 $39,677.00
$815,851.00 $39,677.00
07 Minimum Library Tax 54 Open Space Levy Tax
2.20%
$855.00
#DIV/0! #DIV/0! #DIV/0!
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
07 Addition to Local District School Tax
08 Deficit General Budget
Total
-2.93% ($43,759.41)
$1,491,184.83
$1,447,425.42
$1,447,425.42
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Sheet UFB-2
USER FRIENDLY BUDGET SECTION - APPROPRIATIONS SUMMARY (ALL OPERATING FUNDS)
Full-Time Part-Time Budgeted Positions
General Budget
Public&Private
Open Space
Total Modified Appropriation for Service Type (Prior Year)
Total Appropriation for Service Type (Current Year)
FCOA
Offsets
Budget
Utility
Utility
Utility
Utility
Utility
Utility
% Difference Current v. Prior Year
$ Difference Current v. Prior Year
20 General Government 21 Land-Use Administration 22 Uniform Construction Code
1.00
7.00 2.00
-8.76% ($9,900.00)
$113,000.00 $21,397.00
$103,100.00 $21,554.00
$103,100.00 $21,554.00
0.73%
$157.00
#DIV/0!
$0.00
$0.00
$0.00
$0.00
23 Insurance
-3.55% ($8,060.00)
$227,298.00 $127,277.00 $111,000.00 $2,500.00 $2,500.00 $50,000.00 $129,251.00 $33,337.00 $105,214.00
$219,238.00 $127,921.00 $112,000.00 $3,567.00 $2,500.00 $48,000.00 $161,477.42 $26,000.00 $101,000.00
$219,238.00 $127,921.00 $112,000.00 $3,567.00 $2,500.00 $48,000.00 $161,477.42 $26,000.00 $101,000.00
25 Public Safety 26 Public Works
5.00 4.00
0.51%
$644.00
2.00
0.90% $1,000.00 42.68% $1,067.00
27 Health and Human Services
28 Parks and Recreation
0.00%
$0.00
29 Education (including Library)
1.00
4.00 3.00
-4.00% ($2,000.00) 24.93% $32,226.42 -22.01% ($7,337.00) -4.01% ($4,214.00)
30 Unclassified
31 Utilities and Bulk Purchases 32 Landfill / Solid Waste Disposal
35 Contingency
#DIV/0!
$0.00
$0.00
$0.00
$0.00
36 Statutory Expenditures
10.10% $6,214.00
$61,546.00 $50,000.00
$67,760.00 $50,000.00
$67,760.00 $50,000.00
37 Judgements
0.00%
$0.00 $0.00 $0.00
42 Shared Services
#DIV/0!
$0.00
$0.00
$0.00
43 Court and Public Defender
0.00%
$24,000.00 $171,000.00 $70,155.00
$24,000.00 $186,000.00 $68,580.00
$24,000.00 $186,000.00 $68,580.00
44 Capital 45 Debt
8.77% $15,000.00 -2.25% ($1,575.00)
46 Deferred Charges
#DIV/0! #DIV/0!
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
48 Debt - Type 1 School District 50 Reserve for Uncollected Taxes
4.22% $5,053.00
$119,675.00
$124,728.00
$124,728.00
55 Surplus General Budget
#DIV/0!
$0.00
$0.00
$0.00
$0.00
Total
4.00 25.00
1.99% $28,275.42 $1,419,150.00
$1,447,425.42
$1,447,425.42
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Sheet UFB-3
USER FRIENDLY BUDGET SECTION STRUCTURAL BUDGET IMBALANCES
Line Item. Put "X" in cell to the left that corresponds to the type of imbalance.
Amount
Comment/Explanation
reductions
Revenues at Risk
Structural Imbalance Offsets
Non-recurring appropriation
Future Year Appropriation Increases
x
Sheet UFB-4
ASSESSED PROPERTY VALUATIONS - EXEMPT PROPERTY - PROPERTY TAX APPEAL DATA Property Tax Assessments - Taxable Properties (October 1, 2017 Value)
Property Tax Assessments - Exempt Properties (October 1, 2017 Value)
# of Parcels
Assessed Value
% of Total
# of Parcels
Assessed Value
% of Total
1 Vacant Land
62
$2,131,100.00
1.84% 15A Public Schools 81.82% 15B Other Schools 1.25% 15C Public Property 10.70% 15D Church and Charities 1.72% 15E Cemeteries & Graveyards
3 0
$883,800.00
5.40% 0.00% 57.35% 23.46%
2 Residential
417
$94,617,171.00
$0.00
3A/3B Farm
13 42
$1,440,700.00
22 10
$9,381,400.00 $3,837,900.00
4A Commercial
$12,377,670.00 $1,992,000.00 $2,900,000.00
4B Industrial
3 1 0 1
1 8
$344,100.00
2.10%
4C Apartments
2.51% 15F Other Exempt
$1,910,000.00
11.68%
5A/5B Railroad
$0.00
0.00% 0.15%
6A/6B Business Personal Property
$178,706.00
Total
539
$115,637,347.00
100.00%
Total
44
$16,357,200.00
100.00%
Average Ratio (%), Assessed to True Value
96.76%
Equalized Valuation, Taxable Properties
$119,509,453.29
Percentage of Exempt vs. Non-Exempt Properties
14.15%
Total # of property tax appeals filed in 2017
County Tax Board
0.00
State Tax Court
0.00
Number of 2017 County Tax Board decisions appealed to Tax Court
0.00
Number of pending property tax appeals in State Tax Court
0.00
Amount paid out by municipality for tax appeals in 2017
$0.00
Prior Budget Year's Payments in Lieu of Tax (PILOT) - 5 Year Exemptions/Abatements
# of
PILOT
2017 Total Tax Rate Taxes if Billed in Full
Parcels
Billing/Revenue
Assessed Value
G
Commercial/Industrial Exemption
I
Dwelling Exemption
J
Dwelling Abatement
K
New Dwelling/Conversion Exemption
L
New Dwelling/Conversion Abatement
N O
Multiple Dwelling Exemption
Multiple Dwelling Abatement Total 5 Yr Exemptions/Abatements
0
0.00
0.00
0.00
Sheet UFB-5
USER FRIENDLY BUDGET SECTION Long Term Tax Exemptions
Prior Budget Year's Payments in Lieu of Tax (PILOT) - Long Term Tax Exemptions
Prior Budget Year's Payments in Lieu of Tax (PILOT) - Long Term Tax Exemptions
Prior Budget Year's Payments in Lieu of Tax (PILOT) - Long Term Tax Exemptions
Prior Budget Year's Payments in Lieu of Tax (PILOT) - Long Term Tax Exemptions
Type of Project (use drop-down
Taxes if Billed
Type of Project (use drop-down
Taxes if Billed
Type of Project (use drop-down for data entry)
Taxes if Billed
Type of Project (use drop-down for data entry)
Taxes if Billed
Project Name
In Full
Project Name
In Full
Project Name
In Full
Project Name
In Full
for data entry) PILOT Billing Assessed Value 2017 Total Tax Rate
for data entry) PILOT Billing Assessed Value 2017 Total Tax Rate
PILOT Billing Assessed Value 2017 Total Tax Rate
PILOT Billing Assessed Value 2017 Total Tax Rate
N/A
N/A
N/A
N/A
Total Long Term Exemptions - Column Total
0.00
0.00
0.00 Total Long Term Exemptions - Column Total
$0.00
$0.00
$0.00 Total Long Term Exemptions - Column Total
$0.00
$0.00
$0.00 Total Long Term Exemptions - Column Total
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00 Sheet UFB-6C
Mark "X" if Grand Total
Total Long Term Exemptions - GRAND TOTAL
Sheet UFB-6
USER FRIENDLY BUDGET SECTION BUDGETED PERSONNEL COSTS
# of
# of
Total
Overtime
Pension
Health Benefits
Employment
Full-Time Part-Time
Personnel
Base
and other
(Estimate)
Net of
Taxes and
Organization / Individuals Eligible for Benefit
Employees Employees
Cost
Pay
Compensation
Cost Share
Other Benefits
Governing Body
7.00
39,090.00
$16,000.00
$21,866.00
$1,224.00
Supervisory Staff (Department Heads & Managers) Police Officers (Including Superior Officers) Fire Fighters (Including Superior Officers) All Other Union Employees not listed above All Other Non-Union Employees not listed above
0.00 0.00 0.00 0.00
5.00 15.00
599,768.00
$432,912.00
$4,200.00
$35,000.00
$89,317.00
$38,339.00
Totals
5.00 22.00 638,858.00
$448,912.00
$4,200.00
$35,000.00
$111,183.00
$39,563.00
NO
Is the Local Government required to comply with NJSA 11A (Civil Service)? - YES or NO
Note - Base Pay is the annualized rate of pay to which overtime (if eligible) and/or pension is calculated. Either calculation is fine at the discretion of the Local Unit. Overtime and other compensation is any other item that is charged as a salary and wage expense but not included in Base Pay.
Sheet UFB-7
USER FRIENDLY BUDGET SECTION - HEALTH BENEFITS
Current Year Annual Cost Estimate per Employee
Current Year # of Covered Members (Medical & Rx)
Prior Year # of Covered Members (Medical & Rx)
Prior Year Annual Cost per Employee (Average)
Total Current Year Cost
Total Prior Year Cost
Active Employees - Health Benefits - Annual Cost Single Coverage
3.00
$9,911.00
$29,733.00
2.00
$9,450.00
$18,900.00
Parent & Child
$0.00 $0.00
$0.00 $0.00
Employee & Spouse (or Partner)
Family
2.00
$31,163.00
$62,326.00 ($14,886.00) $77,173.00
2.00
$31,158.00
$62,316.00
Employee Cost Sharing Contribution (enter as negative - )
Subtotal
5.00
4.00
$81,216.00
Elected Officials - Health Benefits - Annual Cost Single Coverage
$0.00 $0.00
$0.00 $0.00
Parent & Child
Employee & Spouse (or Partner)
1
$22,232.00
$22,232.00
1
$22,232.00
$22,232.00
Family
$0.00
$0.00
Employee Cost Sharing Contribution (enter as negative - )
($778.00)
Subtotal
1.00
$21,454.00
1.00
$22,232.00
Retirees - Health Benefits - Annual Cost Single Coverage
1
$7,200.00
$7,200.00
1
$7,200.00
$7,200.00
Parent & Child
$0.00
$0.00
Employee & Spouse (or Partner)
2
$24,606.00
$49,212.00
2
$25,796.00
$51,592.00
Family
$0.00 $0.00
$0.00
Employee Cost Sharing Contribution (enter as negative - )
Subtotal
3.00
$56,412.00
3.00
$58,792.00
9.00
$155,039.00
8.00
$162,240.00
GRAND TOTAL
Note - other health insurances such as dental and vision are not included in this analysis unless included in the employees total premium. Therefore, the total from this sheet may not agree with the budgeted appropriation.
Is medical coverage provided by the SHBP (Yes or No)?
YES
Is prescription drug coverage provided by the SHBP (Yes or No)?
YES
Sheet UFB-8
USER FRIENDLY BUDGET SECTION ACCUMULATED ABSENCE LIABILITY
Legal basis for benefit (check applicable items)
Gross Days of Accumulated Absence
Approved Labor Agreement
Individual Employment Agreement
Dollar Value of Compensated Absences
Local Ordinance
Organization/Individuals Eligible for Benefit
N/A
Totals
0.00
$0.00
Total Funds Reserved as of end of 2017 Total Funds Appropriated in 2018
UFB-9 Accumulated Absence Liability
USER FRIENDLY BUDGET SECTION - OUTSTANDING DEBT; PER CAPITA AND BUDGET IMPACT
Gross
Net
Current Year
2019
2020
All Additional Future
Debt
Deductions
Debt
Budget
Budget
Budget
Years' Budgets
Local School Debt
$255,000.00
$255,000.00
$0.00 Utility Fund - Principal
Regional School Debt
$53,570.19
$53,570.19
$0.00 Utility Fund - Interest
Bond Anticipation Notes - Principal
$61,000.00
Utility Fund Debt
Bond Anticipation Notes - Interest
$7,580.00
0
$6,006,408.19
$6,006,408.19
$0.00 Bonds - Principal
0
$0.00 Bonds - Interest
0
$0.00 Loans & Other Debt - Principal
$107,196.00
$110,715.00
$114,434.00
$5,259,405.00
0
$0.00 Loans & Other Debt - Interest
$175,941.00
$172,422.00
$169,211.00
$2,718,060.00
0
$0.00
0
$0.00 Total
$351,717.00
$283,137.00
$283,645.00
$7,977,465.00
Municipal Purposes Debt Authorized
$0.00
$903,350.00
$903,350.00 Total Principal
$168,196.00
$110,715.00
$114,434.00
$5,259,405.00
$0.00
Notes Outstanding
$683,600.00
$683,600.00 Total Interest
$183,521.00
$172,422.00
$169,211.00
$2,718,060.00
Bonds Outstanding
$0.00 % of Total Current Year Budget
24.30%
Loans and Other Debt
$0.00
Description
Debt Not Listed Above
$7,901,928.38
$6,314,978.38
$1,586,950.00 Total Guarantees - Governmental
Total (Current Year)
Total Guarantees - Other Total Capital/Equipment Leases
Population (2010 census)
Total Other
1,233
Bond Rating
Moody's
Fitch
Standard & Poors
Per Capita Gross Debt
$6,408.70
Rating Year of Last Rating
$1,287.06
Per Capita Net Debt
3 Yr. Average Property Valuation
$117,457,807.00
X
Mark "X" if Municipality has no bond rating
Net Debt as % of 3 Year Avg Property Valuation
1.35%
Sheet UFB-10
USER FRIENDLY BUDGET SECTION - SHARED SERVICES PROVIDED AND RECEIVED
Providing or Receiving Services?
Providing Services To/Receiving Services From
Amount to be Received/Paid
Type of Shared Service Provided Notes (Enter more specifics if needed)
Begin Date End Date
Providing Holland Township Receiving Kingwood Township Receiving Milford Public School Receiving Morris County Co-op Receiving Middlesex County Co-op
Sewer System
12/31/1969
N/A N/A N/A
Amount Incurred
Court
1/1/2010 1/1/2010 1/1/2011 1/1/2013
$24,000.00 $4,284.00
Custodial Services General Purchasing Electricity Purchasing Board of Health/Public Assistance
N/A Variable N/A Variable
Receiving Hunterdon County
1/1/1990
N/A
$0.00
Sheet UFB-11
USER FRIENDLY BUDGET SECTION - LIST OF AUTHORITIES AND FIRE DISTRICTS
Please set forth below the names of all authorities and fire districts that serve your municipality N/A
USER FRIENDLY BUDGET SECTION - Notes
(Press ALT-Enter to go to a new line in each cell)
2018 MUNICIPAL DATA SHEET
CAP
( MUST ACCOMPANY 2018 BUDGET)
MUNICIPALITY:
Borough of Milford
COUNTY :
Hunterdon
Governing Body Members
Henry R. Schepens
12/31/19
Name
Term Expires
Russell Heller
12/31/20
Mayor's Name
Term Expires
Robert Castagna
12/31/18
Elisa Yager
12/31/18
George A. Sniffin
12/31/19
Municipal Officials
{
1/1/05
Robert White
12/31/20
Karen Dysart
Date of Orig. Appt. C-1100
Noralie LaFevre
12/31/19
Municipal Clerk
Cert No. T-0117 Cert No.
Tax Collector Eloise Hagaman
Dawn Merante
N-0006 Cert No.
Chief Financial Officer
Thomas M. Ferry,C.P.A
497 Lic No.
Registered Municipal Accountant
Todd Bolig
Municipal Attorney
Official Mailing Address of Municipality
Please attach this to your 2018 Budget and Mail to :
Municipal Building
Director, Division of Local Government Services
P.O. Box 507
Department of Community Affairs P.O. Box 803
Milford, New Jersey 08848
Trenton , N.J. 08625-0803
Division Use Only
Public Hearing Date: ______________ Municode: ______________________
(908) 995-2343
Fax #
Sheet A
2018 MUNICIPAL BUDGET
Municipal Budget of the
Borough
of
Milford
, County of
Hunterdon
for the Fiscal Year 2018
It is Hereby certified that the Budget and Capital Budget annexed hereto and hereby made a part hereof is a true copy of the Budget and Capital Budget approved by resolution of the Governing Body on the day of , 2018 and that public advertisement will be made in accordance with the provisions of N.J.S. 40A:4-6 and N.J.A.C. 5:30-4.4(d). Certified by me , this 19th Day of , 2018 19th March March
Karen Dysart-Municipal Clerk
P.O. Box 507
Address
Milford, New Jersey 08848
Address
(908) 995-4323
Phone Number
It is hereby certified that the approved Budget annexed hereto and hereby made
It is hereby certified that the approved Budget annexed hereto and hereby made
a part is an exact copy of the original on file with the Clerk of the Governing Body, that all
a part is an exact copy of the original on file with the Clerk of the Governing Body, that all
additions are correct , all statements contained here in are in proof, and the total of antici-
additions are correct, all statements contained herein are in proof, the total of anticipated
pated revenues equals the total of appropriations.
revenues equals the total of appropriations and the budget is in full compliance with the
March
Certified by me, this
19th day of
, 2018
Local Budget Law, N.J.S. 40A:4-1 et seq. Certified by me, this 19th
100B Main Street
day of
March , 2018
Thomas M. Ferry - Registered Municipal Accountant
Address (973) 579-3212 Phone Number
Newton , New Jersey 07860
Dawn Merante-Chief Financial Officer
Address
DO NOT USE THESE SPACES
CERTIFICATION OF ADOPTED BUDGET
CERTIFICATION OF APPROVED BUDGET
(Do Not advertise this Certification form)
It is hereby certified that the amount to be raised by taxation for local purposes has been compared with
It is hereby certified that the Approved Budget made part hereof complies with the requirements
the approved Budget previously certified by me and any changes required as a condition to such approval
of law, and approval is given pursuant to N.J.S. 40A:4-79.
have been made. The adopted budget is certified with respect to the foregoing only.
STATE OF NEW JERSEY
STATE OF NEW JERSEY
Department of Community Affairs
Department of Community Affairs
Direct of the Division of Local Government Services
Direct of the Division of Local Government Services
Dated:
2018
By:
Dated:
2018
By:
Sheet 1
COMMENTS OR CHANGES REQUIRED AS A CONDITION OF CERTIFICATION OF DIRECTOR OF LOCAL GOVERNMENT SERVICES
The changes or comments which follow must be considered in connection with further action on this budget
Borough
of
Milford
, County of
Hunterdon
Sheet 1a
MUNICIPAL BUDGET NOTICE
Section 1.
Municipal Budget of the
Borough
of
Milford
, County of
Hunterdon
for the Fiscal Year 2018
Be it Resolved, that the following statements of revenues and appropriations shall constitute the Municipal Budget for the year 2018 ; Be it Further Resolved, that said Budget be published in the In the issue of , 2018 The Governing Body of the Borough of Milford Hunterdon County Democrat March 29
does hereby approve the following as the Budget for the year 2018 :
( Abstained (
(
(
(
RECORDED VOTE
(
(
Ayes (
Nays (
(Insert last name)
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( Absent ( (
Notice is hereby given that the Budget and Tax Resolution was approved by the
Mayor and Council
of the
Borough
of
Milford
, County of
Hunterdon
, on
March 19
, 2018 .
A hearing on the Budget and Tax Resolution will be held at
The Milford Fire Company Building
April 16
, 2018 at
7:00 o'clock P.M. at which time and place objections to said Budget and Tax Resolution for the year 2018 may be presented by taxpayers or other interested persons.
Sheet 2
EXPLANATORY STATEMENT
SUMMARY OF CURRENT FUND SECTION OF APPROVED BUDGET
Year 2018
General Appropriations For : (Reference to item and sheet number should be omitted in advertised budget)
XXXXXXXXXXXX
1. Appropriations within "CAPS" -
XXXXXXXXXXXX
(a) Municipal Purposes {(Item H-1, Sheet 19) (N.J.S. 40A:4-45.2)}
924,728.00
2. Appropriations excluded from "CAPS"
XXXXXXXXXXXX
(a) Municipal Purposes {(Item H-2, Sheet 28) (N.J.S. 40A:4-45.3 as amended)}
397,969.42
(b) Local District School Purposes in Municipal Budget (Item K, sheet 29)
Total General Appropriations excluded from "CAPS" (Item O, Sheet 29)
397,969.42
3. Reserve for Uncollected Taxes (Item M, Sheet 29) - Based on Estimated 97.00 % Percent of Tax Collections
124,728.00
Building Aid Allowance 2018 -
$______________
4. Total General Appropriations (Item 9, Sheet 29) for Schools-State Aid 2017 -
$______________
1,447,425.42
5. Less Anticipated Revenues Other Than Current Property Tax (Item 5, Sheet 11)
(i.e. Surplus, Miscellaneous Revenues and Receipts from Delinquent Taxes)
591,897.42
6. Difference: Amount to be Raised by Taxes for Support of Municipal Budget (as follows)
XXXXXXXXXXXX
(a) Local Tax for Municipal Purposes Including Reserve for Uncollected Taxes (Item 6(a), Sheet 11)
815,851.00
(b) Addition to Local District School Tax (Item 6(b), Sheet 11)
(c) Minimum Library Tax
39,677.00
Sheet 3
EXPLANATORY STATEMENT - (Continued )
SUMMARY OF 2017 APPROPRIATIONS EXPENDED AND CANCELED
Explanations of Appropriations for
General Budget
Water Utility
Sewer Utility
Utility
Budget Appropriations - Adopted Budget
1,419,150.00
400,710.00
715,725.00
"Other Expenses"
Budget Appropriations Added by N.J.S. 40A:4-87
24,695.00
The amounts appropriated under the
Emergency Appropriations
title of "Other Expenses" are for operating
Total Appropriations
1,443,845.00
400,710.00
715,725.00
costs other than "Salaries & Wages".
Expenditures
Some of the items included in "Other
Paid or Charged (Including Reserve for
Expenses" are:
Uncollected Taxes)
1,272,689.38
383,217.01
699,810.47
Materials, supplies and non-bondable
Reserved
171,126.70
17,491.31
15,913.53
equipment;
Unexpended Balances Canceled
28.92
1.68
1.00
Repairs and maintenance of buildings.
Total Expenditures and Unexpended
equipment, roads, etc.,
Balances Canceled
1,443,845.00
400,710.00
715,725.00
Contractual services for garbage and
Overexpenditures *
trash removal, fire hydrant service, aid
to volunteer fire companies, etc.;
* See Budget Appropriation Items so marked to the right of column '' Expended 2017 Reserved. ''
Printing and advertising, utility
services, Insurance and many other items
essential to the services rendered by municipal government.
Sheet 3a
EXPLANATORY STATEMENT- (Continued)
BUDGET MESSAGE
2018 CAP Calculation The Borough has elected to increase the "CAP" to 3.5%. Below is how the CAP is calculated for 2018.
General Appropriations for 2017
$
1,419,150.00 Amount on which 3.5% CAP is applied
920,106.00
CAP Base Adjustment
3.5% CAP
32,203.71
Subtotal
1,419,150.00
Allowable operating appropriations before additional
Exceptions:
exception per (NJSA 40A:4-5.2)
952,309.71
Less:
Total Other Operations Total Interlocal Service
110,000.00 Add on modifications:
24,000.00
Total Public & Private Programs Total Capital Improvements
4,214.00 New Construction
96.65
171,000.00 2016 CAP
34,047.15 27,086.76
Total Debt Service
70,155.00 2017 CAP Bank
Reserve for Uncollected Taxes
119,675.00
Total allowable appropriations
$ 1,013,540.27
The total general appropriations for municipal purposes within "CAPS", as indicated at item (H-1) sheet 19 of this budget document.
924,728.00
Total Exceptions
499,044.00
Under CAP
88,812.27
Sheet 3b-1
NOTE:
MANDATORY MINIMUM BUDGET MESSAGE MUST INCLUDE A SUMMARY OF: 1. HOW THE 1977 "CAP" WAS CALCULATED. (Explain in words what the "CAPS" mean and show the figures.) 2. 2010 "CAP" LEVY WORKBOOK SUMMARY 3. A SUMMARY BY FUNCTION OF THE APPROPRIATIONS THAT ARE SPREAD AMONG MORE THAN ONE OFFICIAL LINE ITEM (e.g. if Police S&W appears in the regular section and also under "Operations Excluded from "CAPS" section, combine the figures for purposes of citizen understanding.) 4. INFORMATION OR A SCHEDULE SHOWING THE AMOUNTS CONTRIBUTED FROM EMPLOYEES, THE EMPLOYER SHARE AND THE TOTAL COST OF HEALTH CARE COVERAGE (Refer to LFN 2011-4).
EXPLANATORY STATEMENT- (Continued) BUDGET MESSAGE SUMMARY TAX LEVY CAP CALCULATION
Levy Cap Calculation Prior Year Amount to be Raised by Taxation for Municipal Purposes
801,946
Cap Base Adjustment (+/-) Less: Prior Year Deferred Charges to Future Taxation Unfunded Less: Prior Year Deferred Charges: Emergencies Less: Prior Year Recycling Tax Less: Changes in Service Provider:Transfer of Service/Funcion Net Prior Year Tax Levy for Municipal Purpose Tax for Cap Calculations
801,946 16,039 817,985
Plus 2% Cap increase
Adjusted Tax Levy
Plus: Assumption of Service/function Adjusted Tax Levy Prior to Exclusions
817,985
Exclusions: Allowable Shared Service Agreements Increase
Allowable Health Insurance Cost Increase Allowable Pension Obligations Increase Allowable LOSAP Increase Allowable Capital Improvement Increase
2,953.00
15,000.00
Allowable Debt Service, Capital Leases and Debt Service Share of Cost Increases Recycling Tax Appropriation
Deferred Charges to Future Taxation Unfunded Current Year Deferred Charges: Emergencies Add Total Exclusions Less Cancelled or Unexpended Exclusions
17,953.00
(29.00)
835,909
Adjusted Tax Levy After Exclusions
Additions: New Ratables - Increase in Valuations (New Construction and Additions) Prior Year's Local Municipal Purpose Tax Rate (per$100) CY 2013 Cap Bank Utilized in CY 2017 CY 2014 Cap Bank Utilized in CY 2017 CY 2015 Cap Bank Utilized in CY 2017 Amounts approved by Referendum Maximum Allowable Amount to be Raised by Taxation Amount to be Raised by Taxation for Municipal Purposes New Ratable Adjustment to Levy
14,171
0.682
97
836,006 815,851 20,155
Amount to be Raised by Taxation for Municipal Purposes Under/Over Cap (+/-)
Sheet 3b-2
NOTE:
MANDATORY MINIMUM BUDGET MESSAGE MUST INCLUDE A SUMMARY OF: 1. HOW THE 1977 "CAP" WAS CALCULATED. (Explain in words what the "CAPS" mean and show the figures.) 2. 2010 "CAP" LEVY WORKBOOK SUMMARY 3. A SUMMARY BY FUNCTION OF THE APPROPRIATIONS THAT ARE SPREAD AMONG MORE THAN ONE OFFICIAL LINE ITEM (e.g. if Police S&W appears in the regular section and also under "Operations Excluded from "CAPS" section, combine the figures for purposes of citizen understanding.) 4. INFORMATION OR A SCHEDULE SHOWING THEA AMOUNTS CONTRIBUTED FROM EMPLOYEES, THE EMPLOYER SHARE AND THE TOTAL COST OF HEALTH CARE COVERAGE (Refer to LFN 2011-4).
EXPLANATORY STATEMENT- (Continued)
BUDGET MESSAGE
In order to comply with statutory and regulatory requirements, the amounts appropriated for certain department or functions have been split and their parts appear in several places. Those appropriations which have been split add up as follows: Funded by Operations Public and Within CAP Outside CAP Private Revenues Total
NONE
The following is an analysis of Employee Group Health:
Total Amount
180,268.00 (18,074.00) 162,194.00 100,000.00 31,097.00 31,097.00 162,194.00
Less: Employee share deposited in Payroll Agency Account
Current Fund Budget
Water Utility Operating Fund Sewer Utility Operating Fund
Municipal Library Tax Levy Law-On March 21, 2011 the Governor enacted P.L. 2011,c.38 (S-2068). The law takes effect immediately and provides a dedicated line item on Property tax bill to fund municipal free and joint free public libraries. It does not result in any increased taxes, but changes the way the minimum library appropriation is displayed to the public. It reduces the municipal tax levy and rate, and creates a new line item on the tax bill for library purposes.
COMPARISON OF TAX RATE FOR MUNICIPAL PURPOSES
Below is a comparison of the Preliminary 2018 tax rate and actual 2017 tax rate for Municipal purposes only and a comparison of amounts to be raised by taxes for 2018 and 2017. 2018 Preliminary 2017 Actual Amount Rate Amount Rate Amount
Increase or (Decrease)
Rate
Municipal Purpose Library Purpose
815,851.00 39,677.00
0.7055 0.0343
801,946.00 38,822.00
0.6963 0.0337
13,905.00
0.0093 0.0006
855.00
NOTE: Sheet 3b-3 MANDATORY MINIMUM BUDGET MESSAGE MUST INCLUDE A SUMMARY OF: 1. HOW THE 1977 "CAP" WAS CALCULATED. (Explain in words what the "CAPS" mean and show the figures.) 2. 2010 "CAP" LEVY WORKBOOK SUMMARY 3. A SUMMARY BY FUNCTION OF THE APPROPRIATIONS THAT ARE SPREAD AMONG MORE THAN ONE OFFICIAL LINE ITEM (e.g. if Police S&W appears in the regular section and also under "Operations Excluded from "CAPS" section, combine the figures for purposes of citizen understanding.) 4. INFORMATION OR A SCHEDULE SHOWING THEA AMOUNTS CONTRIBUTED FROM EMPLOYEES, THE EMPLOYER SHARE AND THE TOTAL COST OF HEALTH CARE COVERAGE (Refer to LFN 2011-4).
Current Fund - Anticipated Revenues
FCOA
General Revenues
Anticipated
Realized in
2018
2017
2017
1. Surplus Anticipated
08-101
158,000.00
155,800.00
155,800.00
2. Surplus Anticipated with Prior Written Consent of Director of Local Government Services
08-102
Total Surplus Anticipated
08-100
158,000.00
155,800.00
155,800.00
3. Miscellaneous Revenues - Section A: Local Revenues
XXXXXX XXXXXXXX
XXXXXXXX
XXXXXXXX
Licenses:
XXXXXX XXXXXXXX
XXXXXXXX
XXXXXXXX
Alcoholic Beverages
08-103
5,800.00
5,800.00
5,987.73
Fees and Permits
08-105
Fines and Costs:
XXXXXX XXXXXXXX
XXXXXXXX
XXXXXXXX
Municipal Court
08-110
4,800.00
5,000.00
4,879.70
Interest and Costs on Taxes
08-112
19,500.00
19,500.00
19,606.91
Interest on Investments and Deposits
08-113
600.00
600.00
1,468.57
Sheet 4
Current Fund - Anticipated Revenues - ( Continued )
FCOA
General Revenues
Anticipated
Realized in
2018
2017
2017
3. Miscellaneous Revenues - Section A: Local Revenues ( continued ):
08-001
30,700.00
30,900.00
31,942.91
Total Section A: Local Revenues
Sheet 4a
Current Fund - Anticipated Revenues - ( Continued )
FCOA
General Revenues
Anticipated
Realized in
2018
2017
2017
3. Miscellaneous Revenues - Section B: State Aid Without Offsetting Appropriations
Consolidated Municipal Property Tax Relief Aid
09-200
38,423.00
38,423.00
38,423.00
Energy Receipts Tax (P.L.1997,Chapters 162 &167)
09-202
239,891.00
239,891.00
239,891.00
Garden State Trust
09-203
7,921.00
7,921.00
7,921.00
09-001
286,235.00
286,235.00
286,235.00
Total Section B: State Aid Without Offsetting Appropriations
Sheet 5
Current Fund - Anticipated Revenues - ( Continued )
FCOA
General Revenues
Anticipated
Realized in
2018
2017
2017
3. Miscellaneous Revenues - Section C: Dedicated Uniform Construction Code Fees Offset with Appropriations (N.J.S. 40A: 4-36 and N.J.A.C. 5:23-4.17)
XXXXXX XXXXXXXX
XXXXXXXX
XXXXXXXX
Uniform Construction Code Fees
08-160
Special Item of General Revenue Anticipated with Prior Written Consent of Director of Local Government Services:
XXXXXX XXXXXXXX
XXXXXXXX
XXXXXXXX
Additional Dedicated Uniform Construction Code Fees Offset with Appropriations (N.J.S. 40A:4-45.3h and N.J.A.C. 5:23-4.17)
XXXXXX XXXXXXXX
XXXXXXXX
XXXXXXXX
Uniform Construction Code Fees
08-160
08-002
Total Section C: Dedicated Uniform Construction Code Fees With Offset Appropriations
Sheet 6
Current Fund - Anticipated Revenues - ( Continued )
FCOA
General Revenues
Anticipated
Realized in
2018
2017
2017
3. Miscellaneous Revenues - Section D: Special Items of General Revenue Anticipated With Prior Written Consent of the Director of Local Government Services- Interlocal Municipal Service Agreements Offset with Appropriations:
XXXXXX XXXXXXXX
XXXXXXXX
XXXXXXXX
Interlocal Service Agreement - Construction Code Official
11-001
Total Section D: Interlocal Municipal Service Agreements Offset with Appropriations
Sheet 7
Current Fund - Anticipated Revenues - ( Continued )
FCOA
General Revenues
Anticipated
Realized in
2018
2017
2017
3. Miscellaneous Revenues - Section E: Special Items of General Revenue Anticipated With Prior Written Consent of the Director of Local Government Services- Additional Revenues Offset with Appropriations (N.J.S. 40A:4-45.3h):
XXXXXX XXXXXXXX
XXXXXXXX
XXXXXXXX
XXXXXX XXXXXXXX
XXXXXXXX
XXXXXXXX
Total Section E: Special Items of General Revenue Anticipated with Prior Written
08-003
Consent of Director of Local Government Services - Additional Revenues
Sheet 8
Current Fund - Anticipated Revenues - ( Continued )
FCOA
General Revenues
Anticipated
Realized in
2018
2017
2017
3. Miscellaneous Revenues - Section F: Special Items of General Revenue Anticipated With Prior Written Consent of the Director of Local Government Services- Public and Private Revenues Offset with Appropriations:
XXXXXX XXXXXXXX
XXXXXXXX
XXXXXXXX
N.J. Transportation Trust Fund Authority Act-
10-865
Unappropriated Reserve - Recycling Tonnage
10-770
2,389.42
Unappropriated Reserve - Clean Communities Program
10-772
4,000.00
4,214.00
4,214.00
A&L Remediation
24,695.00
24,695.00
Sheet 9
Current Fund - Anticipated Revenues - ( Continued )
FCOA
General Revenues
Anticipated
Realized in
2018
2017
2017
3. Miscellaneous Revenues - Section F: Special Items of General Revenue Anticipated With Prior Written Consent of the Director of Local Government Services- Public and Private Revenues Offset with Appropriations: ( continued )
XXXXXX XXXXXXXX
XXXXXXXX
XXXXXXXX
XXXXXX XXXXXXXX
XXXXXXXX
XXXXXXXX
Total Section F: Special Items of General Revenue Anticipated with Prior Written
10-001
6,389.42
28,909.00
28,909.00
Consent of Director of Local Government Services - Public and Private Revenues
Sheet 9a
Current Fund - Anticipated Revenues - ( Continued )
FCOA
General Revenues
Anticipated
Realized in
2018
2017
2017
3. Miscellaneous Revenues - Section G: Special Items of General Revenue Anticipated With Prior Written Consent of the Director of Local Government Services- Other Special Items:
XXXXXX XXXXXXXX
XXXXXXXX
XXXXXXXX
Utility Operating Surplus of Prior Year - Water Utility
08-116
Uniform Fire Safety Act
08-106
Cell Tower Lease
08-107
29,573.00
29,573.00
37,917.01
Sheet 10
Current Fund - Anticipated Revenues - ( Continued )
FCOA
General Revenues
Anticipated
Realized in
2018
2017
2017
3. Miscellaneous Revenues - Section G: Special Items of General Revenue Anticipated With Prior Written Consent of the Director of Local Government Services- Other Special Items ( continued )
XXXXXX XXXXXXXX
XXXXXXXX
XXXXXXXX
XXXXXX XXXXXXXX
XXXXXXXX
XXXXXXXX
Total Section G: Special Items of General Revenue Anticipated with Prior Written
08-004
29,573.00
29,573.00
37,917.01
Consent of Director of Local Government Services - Other Special Items
Sheet 10a
Current Fund - Anticipated Revenues - ( Continued )
General Revenues
Anticipated
Realized in
FCOA
2018
2017
2017
XXXXXX XXXXXXXX
XXXXXXXX
XXXXXXXX
Summary of Revenues
08-101
158,000.00
155,800.00
155,800.00
1. Surplus Anticipated ( Sheet 4, #1)
2. Surplus Anticipated with Prior Written Consent of Director of Local Government Services (Sheet 4,#2)
08-102
XXXXXX XXXXXXXX
XXXXXXXX
XXXXXXXX
3. Miscellaneous Revenues:
Total Section A: Local Revenues
08-001
30,700.00
30,900.00
31,942.91
Total Section B: State Aid Without Offsetting Appropriations
09-001
286,235.00
286,235.00
286,235.00
Total Section C: Dedicated Uniform Construction Code Fees Offset with Appropriations
08-002
Total Section D: Special Items of General Revenue Anticipated with Prior Written Consent of
Director of Local Government Services - Interlocal Municipal Services Agreements 11-001
Total Section E: Special Items of General Revenue Anticipated with Prior Written Consent of Director of Local Government Services - Additional Revenues Total Section F: Special Items of General Revenue Anticipated with Prior Written Consent of Director of Local Government Services - Public and Private Revenues Total Section G: Special Items of General Revenue Anticipated with Prior Written Consent of Director of Local Government Services - Other Special Items
08-003
10-001
6,389.42
28,909.00
28,909.00
08-004
29,573.00
29,573.00
37,917.01
Total Miscellaneous Revenues
13-099
352,897.42
375,617.00
385,003.92
15-499
81,000.00
71,660.00
88,323.66
4. Receipts from Delinquent Taxes
13-199
591,897.42
603,077.00
629,127.58
5. Subtotal General Revenues (Items 1,2,3 and 4)
6. Amount to be Raised by Taxes for Support of Municipal Budget:
a) Local Tax for Munc. Purposes Including Reserve for Uncollected Taxes
07-190
815,851.00
801,946.00
823,235.25
b) Addition to Local District School Tax
17-191
XXXXXXXX
c) Minimum Library Tax
07-192
39,677.00
38,822.00
38,822.00
Total Amount to be Raised by Taxes for Support of Municipal Budget
07-199
855,528.00
840,768.00
862,057.25
13-299
1,447,425.42
1,443,845.00
1,491,184.83
7. Total General Revenues
Sheet 11
CURRENT FUND - APPROPRIATIONS
8. GENERAL APPROPRIATIONS
Appropriated
Expended 2017
For 2017
Total for 2017
FCOA
For 2018
For 2017
By Emergency As Modified By
Paid or
Reserved
(A) Operations - Within "Caps"
Appropriation All Transfers
Charged
General Government:
Administrative and Executive
Salaries and Wages
20-100-1
70,100.00
69,000.00
74,564.00
73,046.59
1,517.41
Other Expenses
20-100-2
33,000.00
34,000.00
34,000.00
27,608.93
6,391.07
Financial Administration
Salaries and Wages
20-130-1
7,000.00
5,000.00
5,000.00
4,615.36
384.64
Other Expenses
20-130-2
21,000.00
21,000.00
21,000.00
10,940.80
10,059.20
Assessment of Taxes
Salaries and Wages
20-150-1
12,135.00
11,897.00
11,897.00
11,897.00
Other Expenses
20-150-2
2,100.00
2,100.00
2,100.00
1,863.78
236.22
Collection of Taxes
Salaries and Wages
20-145-1
13,353.00
13,091.00
13,091.00
13,091.00
Other Expenses
20-145-2
2,000.00
2,000.00
2,000.00
1,504.80
495.20
Legal Services and Costs: Other Expenses
20-155-2
45,000.00
50,000.00
47,500.00
26,614.60
20,885.40
Sheet 12
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