According to the State of New Jersey Division of Local Government Services The average property tax bill in 2019 for the 565 towns in New Pemberton Township was the 17 th lowest in NJ and Jersey was $8,953 the 3 rd lowest in Burlington County with an average property tax bill of $3,870 SOURCE: https://www.nj.gov/dca/divisions/dlgs/resources/property_docs/19_data/19taxes.xls
2020 TOTAL GENERAL APPROPRIATIONS (Budgeted) CY2020 $25,025,417 Introduced CY2019 $24,882,990 Adopted Proposed $142,427 Increase
TOTAL SALARIES & WAGES CY2020 $8,870,135 Introduced CY2019 $9,021,544* Final Proposed $151,409 Decrease *Note: 2019 Final Figures include a 27 th Pay.
Operating Expenses (O & E) Examples: ▪ All Township Departments/Divisions ▪ Office Supplies ▪ Fuel/Gas ▪ Utilities ▪ Tools ▪ Postage ▪ Vehicles & Maintenance of Vehicles (Parts) ▪ Cleaning Supplies ▪ Road Paving & Drainage Materials ▪ Materials for Parks, Beaches, and Lake Maintenance ▪ Office Equipment (Computers, Copiers, Phones)
TOTAL: OTHER EXPENSES CY2020 $8,376,101 Introduced CY2019 $8,122,697 Final Proposed $253,404 Increase
Department 2019 (Final) 2020 (Proposed) Administration $ 7,900 $ 11,850 Township Clerk $ 30,350 $ 31,700 Council $ 3,300 $ 3,300 Finance $ 103,400 $ 106,565 Tax Collector $ 19,030 $ 16,595 Solid Waste $ 4,500 $ 5,765 Tax Assessor $ 9,500 $ 11,175 Legal $ 332,000 $ 300,000 Engineering $ 130,000 $ 140,000 Total $ 639,980 $ 626,950
Police and Public Works 2019 (Final) 2020 (Proposed) Buildings & Grounds $ 374,330 $ 267,798 Streets & Roads $ 380,848 $ 366,245 Fleet $ 346,000 $ 276,660 Police $ 268,750 $ 210,550 Total $ 1,369,928 $ 1,121,253
Solid Waste Services 2019 O & E Solid Waste Contract $ 1,012,000 Tipping Fees $ 915,000 Total $ 1,927,000
Solid Waste Services 2020 O & E Solid Waste Contract $ 1,067,000 Tipping Fees $ 935,000 Total $ 2,002,000 Increase over 2019 $ 75,000
MANDATORY PENSION PAYMENTS • CY2020: $1,073,416 Police • CY2019: $1,026,110 Pension • Increase: $47,306 Fund (PFRS) Civilian • CY2020: $657,554 Employee • CY2019: $678,845 • Decrease: $21,291 Pension Fund (PERS)
Employee Group Health $3,000,000 $3,000,000 $2,500,000 $2,500,000 $2,000,000 $2,000,000 $1,500,000 $1,500,000 $1,000,000 $1,000,000 $500,000 $500,000 $0 $0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Budget as Adopted $2,086,500 $1,971,635 $2,174,600 $2,174,600 $2,450,500 $2,450,500 $2,450,500 $2,450,500 $2,450,500 $2,450,500 $2,450,500 Employee Contributions $35,366 $96,693 $138,409 $272,023 $470,418 $540,384 $491,423 $383,481 $415,230 $424,597 Actual Expenses $1,795,086 $1,866,889 $2,284,400 $2,545,600 $2,562,790 $2,450,500 $2,450,500 $2,271,300 $1,948,600 $2,134,650
Average Impact of Tax Increase Average Amount of Assessed Value Increase $164,110 $13.82 $200,000 $16.85 $250,000 $21.06
NON-TAX GENERAL REVENUES (Court, Fees & Permits (non-UCC), Licenses, Surplus from Utilities) CY2019 Actual Revenues CY2020: $3,087,800 CY2019: $3,096,012 Decrease: $8,212
NON-TAX SPECIAL ITEMS GENERAL REVENUES PILOT (Browns Woods Apt), Reserves for Repayment of Debt, Capital Fund Surplus (see Sheet 10) CY2019 Actual Revenues CY2020: $453,925 CY2019: $404,345 Increase: $49,580
OTHER SOURCES OF REVENUE SURPLUS USED IN CY2020- $1,650,000 (Bal. as of 12/31/2019 $2,362,642) STATE AID - $3,018,097
CY2019 Revenues that Exceeded Projections Recreation Fees Local Tax Collection • Projected: $0.00 • Projected: $15,208,865 • Realized: 117,045 • Realized: $15,407,503
TOTAL MUNICIPAL DEBT OBLIGATION (Including Water & Sewer Debt) (As of 12/31/2019) $25,093,412
Municipal Debt By Year (Excluding Utilities) $30,000,000 $27,336,312 $27,393,374 $25,000,000 $25,297,596 $24,571,498 $24,177,640 $23,381,915 $23,357,028 $23,141,893 $22,766,201 $22,306,142 $20,000,000 $15,000,000 $10,000,000 $5,000,000 $0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
SELF LIQUIDATING DEBT (WATER & SEWER) Water Debt: $1,451,571 Sewer Debt: $259,926
DEBT RATIO Maximum Allowed 3.5% of Three Year Equalized Assessed Values 3-Year Avg. Max Debt Year Debt Ratio Assessed Values Current Debt Allowed Debt Available 2005 2.24% 1,111,184,472 24,853,044 38,891,457 14,038,413 2006 1.57% 1,289,519,361 20,300,810 45,133,178 24,832,368 2007 1.45% 1,487,754,361 21,583,652 52,071,403 30,487,751 2008 1.53% 1,638,211,997 25,104,308 57,337,420 32,233,112 2009 1.42% 1,707,317,340 24,278,580 59,756,107 35,477,527 2010 1.46% 1,688,603,420 24,571,498 59,101,120 34,529,622 2011 1.42% 1,634,290,605 23,141,893 57,200,171 34,058,278 2012 1.43% 1,587,903,511 22,766,201 55,576,623 32,810,422 2013 1.45% 1,535,637,914 22,306,142 53,747,327 31,441,185 2014 1.82% 1,498,372,789 27,336,312 52,443,048 25,106,736 2015 1.87% 1,461,928,896 27,393,374 51,167,511 23,774,137 2016 1.74% 1,451,885,144 25,297,596 50,815,980 25,518,384 2017 1.66% 1,459,362,175 24,177,640 51,077,676 26,900,036 2018 1.58% 1,473,790,195 23,357,028 51,582,657 28,225,629 2019 1.56% 1,501,241,581 23,381,915 52,543,455 29,161,541
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