2005 Municipal Budget of The Township of Wall, County of Monmouth, for fiscal year 2005

2005 General Fund
Anticipated
Summary of Revenues
2005
2004
1. Surplus
$   2,330,000.00
$   2,150,000.00
2. Total Miscellaneous Revenues
$   7,398,992.00
$   7,141,057.30
3. Receipts from Delinquent Taxes
$   1,100,000.00
$   1,350,000.00
4. Local Tax for Municipal Purposes
$   17,166,767.21
$   15,462,855.95
Total General Revenues
$   27,995,759.21
$   26,103,912.95

Summary of Appropriations
2005 Budget
2004 Budget
1. Operating Expenses: Salaries and Wages
$   13,933,228.00
$   13,292,072.00
Other Expenses
$   8,520,077.30
$   7,830,866.88
2. Deferred Charges and Other Appropriations
$   10,000.00
$   162,000.00
3. Capital Improvements
$   182,500.00
$   235,000.00
4. Debt Service
$   3,440,121.56
$   2,692,885.06
5. Reserve for Uncollected Taxes
$   1,909,832.35
$   1,891,089.01
Total General Appropriations
$   27,995,759.21
$   26,103,912.95

2005 Dedicated Water/Sewer Utility Budget
Anticipated
 
2005
2004
1. Surplus
$   1,655,000.00
$   1,503,000.00
2. Total Miscellaneous Revenues
$   9,200,000.00
$   9,300,000.00
Total Revenues
$   10,855,000.00
$   10,803,000.00

Summary of Appropriations
2005 Budget
2004 Budget
1. Operating Expenses: Salaries and Wages
$   988,000.00
$   950,000.00
Other Expenses
$   7,711,006.00
$   7,114,000.00
2. Deferred Charges and Other Appropriations
$   103,461.00
$   755,690.00
3. Capital Improvements
$   250,000.00
$   500,000.00
4. Debt Service
$   1,802,533.00
$   1,483,310.00
Total General Appropriations
$   10,855,000.00
$   10,803,000.00

Balance of Outstanding Debt
General
Water/Sewer Utility
Interest [Estimated]
$   8,193,793
$   4,609,009
Principal [Actual]
$   $28,760,713
$   16,125,732

Notice is hereby given that the Budget and Tax Resolution was approved by the Township Committee of the Township of Wall, County of Monmouth, on March 9, 2005.

A hearing on the Budget and Tax Resolution will be held at The Municipal Complex, on April 13th , 2005 at 7:30 o'clock p.m. at which time and place objections to said Budget and Tax Resolution for the year 2005 may be presented by taxpayers or other interested persons.

Copies of the budget are available in the office of the Municipal Clerk at the Municipal Building, 2700 Allaire Rd., New Jersey, 732-449-8444, during the hours of 8:30 A.M. to 4:30 P.M.