(FOR MUNICIPALITIES ONLy)CURRENT TAXES - <strong>2010</strong> LEVY1. Amount of Levy as per Duplicate (Analysis) # 82101-00 $24,729,409.61or2. Amount of Levy Special District Taxes(Abstract ofRatables) 82113-0082102-00-----3. Amount Levied for Omitted Taxes underN.J.S.A. 54:4-63.12 et. seq.4. Amount Levied for Added Taxes underN.J.S.A. 54:4-63.1 et. seq.5a. Subtotal <strong>2010</strong> Levy5b. Reductions due to tax appeals**5c. Total <strong>2010</strong> Tax Levy6. Transferred to Tax Title Liens7. Transferred to Foreclosed Property8. Remitted, Abated or Canceled9. Discount Allowed25,085,492.6682103-0082104-00 356,083.0582106-00 $25,085,492.6682107-00 41,377.0582108-00------82109-00 102,241.2482110-00-----10. Collected in Cash: In 2009In <strong>2010</strong> *State's Share of 20 1 0 Senior Citizens and VeteransDeductions AllowedR.E.A.P RevenueTotal To Line 1482121-00 $ 159,901.6382122-00 24,373,845.9882123-00 $60,393.1582124-0082111-00 $ 24,594,140.7611. Total Credits12. Amount Outstanding, December 31, <strong>2010</strong>24,737,759.0583120-00 347,733.6113. Percentage of Cash Collections to Total <strong>2010</strong>Levy, (item 10 divided by item 5c) is 98.04 %82112-00NOTE: If municipality conducted Accelerated Tax Sale or Tax Levy Sale check hereand complete Sheet 22a.14. Calculation of Current Taxes Realized in Cash:Total of Line 10Less: Reserve for Tax Appeals Pending State Division ofTax AppealsTo Current Taxes Realized in Cash (Sheet 17)D24,594,140.7624,594,140.76Note A:In showing the above percentage the following should be noted:Where Item 5 shows $1,500,000.00, and item 10 shows $1,049,977.50, the percentagerepresented by the cash collections would be $1,049,977.50 + $1,500,000.00, or.699985. The correct percentage to be shown as Item 13 is 69.99%, and not 70.00%,nor 69.999%# Note: On item 1 if Duplicate (Analysis) Figure is used; be sure to include Senior Citizens and Veterans Deductions.* Include overpayments applied as a part of 20 1 0 collections.** Tax appeals pursuant to R.S. 54:3-21 et seq and/or R.S. 54:48-1 et seq approved by resolution of the governing bodyprior to introduction of municipal budget.Sheet 22
ACCELERATEDTAXSALE/TAXLEVYSALE-CHAPTER99To Calculate Underlying Tax Collection Rate for <strong>2010</strong>Utilize this sheet only if you conducted an Accelerated Tax Sale or Tax Levy Sale pursuant toChapter 99, P.L. 1997(1) Utilizing Accelerated Tax SaleTotal of Line 10 Collected in Cash (sheet 22)LESS: Proceeds from Accelerated Tax SaleNET Cash CollectedLine 5c (sheet 22) Total <strong>2010</strong> Tax LevyPercentage of Collection Excluding Accelerated Tax Sale Proceeds(Net Cash Collected divided by item 5c) is(2) utilizing Tax Levy SaleTotal of Line 10 Collected in Cash (sheet 22)LESS: Proceeds from Tax Levy Sale (excluding premium)Net Cash CollectedLine 5c (sheet 22) Total <strong>2010</strong> Tax LevyPercentage of Collection Excluding Tax Levy Sale Proceeds(Net Cash Collected divided by Item 5c) isSheet22a
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