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Posted: Wed, Aug 15 2007, 11:23 pm EDT Post subject: 2007 Municipal Budget |
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(For the record)
Cranbury Township
2007 Municipal Budget
The Cranbury Township Committee adopted the Township's 2007 Municipal Budget on March 12, 2007. The Budget totals $12,169,282.79. After adjusting for revenues from the prior year, fees, state aid, interest, grants and surplus, the amount to the raised by local property taxes is $6,496,322.24.
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CRANBURY TOWNSHIP RESOLUTION R-02-07-034
2007 MUNICIPAL BUDGET
of the Township of Cranbury, county of Middlesex for the fiscal year 2007.
Revenue and Appropriation Summaries
Anticipated
Summary of Revenues 2007 2006
_________
1. Surplus: $1,065,000.00 (2007) $2,317,000.00 (2006)
2. Total Miscellaneous Revenues $4,500,960.55 $4,853,040.40
3. Receipts from Delinquent Taxes $107,000.00 $118,900.00
4.
a) Local Tax for Municipal Purposes $6,496,322.24 $5,264,726.60
b) Addition to Local District School Tax
Tot Amt to be Raised by Taxes for Mun Budget $6,496,322.24 (2007) $5,264,726.60 (2006)
Total General Revenues $12,169,282.79 (2007) $12,553,667.00 (2006)
Summary of Appropriations 2007 Budget 2006 Budget
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1. Operating Expenses:
S&W $2,909,105.00 (2007) $2,624,801.00 (2006)
Other Expenses $4,492,940.00 $4,391,116.86
2. Deferred Charges & Other Appropriations $433,636.10 $322,381.00
3. Capital Improvements $60,000.00 $0
4. Debt Service (include for School Purposes) $4,023,601.69 $4,965,368.14
5. Reserve for Uncollected Taxes $250,000.00 $250,000.00
Total General Appropriations $12,169,282.79 (2007) $12,553,667.00 (2006)
Total Number of Employees 82 (2007) 70 (2006)
Balance of Outstanding Debt
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Interest $818,075.25
Principal $3,205,526.44
Outstanding Balance $25,156,521.41
(12/31/06)
Notice is hereby given that the budget and tax resolution was approved by the Township Committee of the Township of Cranbury, County of Middlesex on February 12, 2007.
A hearing on the budget and tax resolution will be held in the Committee Meeting Room, Town Hall, 23A North Main St, on March 12, 2007 at 7:00 o’clock PM at which time and place objections to the Budget and Tax Resolution for the year 2007 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, 23A North Main St Cranbury, NJ, (609) 395-0900 ext 234 during the hours of 8:00 AM to 4:00 PM, Monday through Friday.
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http://cranburytownship.org/2007_Budget_Summary.pdf
http://cranburytownship.org/taxes_main.html |
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