Details for STONE HARBOR - LEGAL

2018 Municipal Budget
of the Borough of stone harBor county of cape May
for the fiscal year 2018.
revenue and appropriations suMMaries
summary of revenues
anticipated
2018
final 2017
Budget
1. Surplus
1,560,843.47
1,495,463.96
2. Total Miscellaneous Revenues
2,799,003.12
5,809,114.39
3. Receipts from Delinquent Taxes
150,000.00
150,000.00
4. a) Local Tax for Municipal Purposes
11,850,000.00 10,882,500.00
b) Addition to Local School District Tax
0.00
0.00
c) Minimum Library Tax
0.00
0.00
Tot Amt to be Rsd by Taxes for Sup of Muni Bnd
11,850,000.00 10,882,500.00
Total General Revenues
16,359,846.59 18,337,078.35
summary of appropriations
2018 Budget
final 2017
Budget
1. Operating Expenses: Salaries & Wages
5,228,884.00
5,034,090.00
Other Expenses
5,355,599.00
5,221,522.00
2. Deferred Charges & Other Appropriations
488,204.59
3,622,966.35
3. Capital Improvements
725,600.00
409,950.00
4. Debt Service (Include for School Purposes)
4,096,559.00
3,688,550.00
5. Reserve for Uncollected Taxes
465,000.00
460,000.00
Total General Appropriations
16,359,846.59 18,437,078.35
2018 dedicated Water & sewer utility Budget
summary of revenues
anticipated
2018 Budget
final 2017
Budget
1. Surplus
419,779.10
320,513.00
2. Miscellaneous Revenues
3,772,850.00
3,605,850.00
3. Deficit (General Budget)
Total Revenues
4,192,629.10
3,926,363.00
summary of appropriations
2018 Budget
final 2017
Budget
1. Operating Expenses: Salaries & Wages
407,500.00
407,500.00
Other Expenses
2,150,865.10
2,194,263.00
2. Capital Improvements
80,000.00
20,000.00
3. Debt Service
1,521,064.00
1,271,400.00
4. Deferred Charges & Other Appropriations
33,200.00
33,200.00
5. Surplus (General Budget)
0.00
0.00
Total Appropriations
4,192,629.10
3,926,363.00
Balance of outstanding debt
general
Water/sewer
utility
Interest
1,464,920.74
1,099,692.08
Principal
12,618,611.80
9,531,704.35
Outstanding Balance
14,083,532.54
10,631,396.43
0.00
Notice is hereby given that the budget and tax resolution was approved by the
Borough Council of Stone Harbor, County of Cape May on February 6, 2018.
A hearing on the budget and tax resolution will be held at Borough Hall on
March 6, 2018 at 4:30 o’clock PM at which time and place objections to the
Budget and Tax Resolution for the year 2018 may be presented by taxpayers or
other interested parties.
Copies of the budget are available in the office of Borough Clerk at the
Municipal Building. 9508 Second Avenue, Stone Harbor New Jersey, 609-3685102 during the hours of 8:30 AM to 4:00 PM.
Printers Fee: $48.54
Order No. 0000068715-01
Pub. Date: Feburary 15, 2018

9508 SECOND AVE, STONE HARBOR, NJ

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