TOWNSHIP OF EWING A

COUNTY OF MERCER
CURRENT FUND
STATEMENT OF ASSETS, LIABILITIES AND FUND BALANCE
STATUTORY BASIS

JUNE 30
2000 1999
ASSETS

Current Fund:

Cash and Equivalents $ 1,569,345.00 $ 335,562.50

Intergovernmental Receivable:
Due from State of New Jersey :Senior Citizens and Veterans Deductions 225,873.58 165,631.22

Receivables and Other Assets with Full Reserves:

Delinquent property taxes receivable 1,808,093.52 1,710,318.29

Delinquent sewer fees receivable 194,165.55 151,667.31
2,002,259.07 1,861,985.60
Liens Receivable
Tax title liens receivable 364,371.46 351,525.51

Property acquired for taxes, assessed valuation 136,312.00 136,312.00

Prepaid Taxes:
Prepaid County Taxes 137,588.96
Prepaid local district school taxes 423,262.41
560,851.37
Interfund Accounts Receivable:
State and Federal Grant Fund 305.09 34,129.18
Review Fees Trust Fund 46.33 1,616.40
Capital 24.62 2,230.04
Developers' performance & Inspection 1,351.25 5,733.86
Payroll 841.24 515.89
Dog License Fund 70.15 832.34
2,638.68 45,057.71

Deferred Charges:

Deficit in Operations 11,711.24

Federal and State Grant Fund

Cash 30,833.10 582.25

Deferred Charges for Grant Overexpenditure 587.03
Federal and State Grant Fund Receivable 887,097.22 631,825.93

918,517.35 632,408.18

$ 5,219,317.14 $ 4,101,045.33
 TOWNSHIP OF EWING A
COUNTY OF MERCER
CURRENT FUND
STATEMENT OF ASSETS, LIABILITIES AND FUND BALANCE
STATUTORY BASIS

JUNE 30
2000 1999
LIABILITIES, RESERVES AND FUND BALANCES

Appropriation reserves $ 72,241.58 $ 165,645.78

Other Liabilities and Reserves:
Reserve for encumbrances 143,686.49 178,593.82
Tax overpayments 3,322.15
Due State of New Jersey, dog fund 1,204.00 2,373.40
Due to State of New Jersey- Marriage Licenses 818.00 1,315.00
Prepaid Taxes 29,158.76 30,302.10
School taxes Payable 64,190.69 -
Reserve for Tax Appeals 25,000.00 25,000.00
264,057.94 240,906.47
Interfund Accounts Payable
Assessment Trust 990.84 4,577.65

Reserves for Receivables 2,505,581.21 2,955,732.19

Fund Balance 1,457,928.22 101,775.06

Federal and State Grant Fund

Reserve for Encumbrances 530,163.20 25,477.16

Reserve for grant expenditures 388,049.06 572,801.75
Due to Current Fund 305.09 34,129.27
918,517.35 632,408.18

$ 5,219,317.14 $ 4,101,045.33

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