The Asbury Park Press Classifieds Listings

2020 Municipal Budget of the CITY of LONG BRANCH County of MONMOUTH for the fiscal year 2020. Revenue and Appropriations Summaries Summary of Revenues Anticipated 2020 2019 1. Surplus 4,417,133.91 4,417,133.91 2. Total Miscellaneous Revenues 10,664,851.60 12,784,723.69 3. Receipts from Delinquent Taxes 1,891,413.81 1,445,105.07 4. a) Local Tax for Municipal Purposes 41,667,169.64 39,038,600.00 b) Addition to Local School District Tax 0.00 0.00 c) Minimum Library Tax 1,750,050.00 1,660,230.62 Tot Amt to be Rsd by Taxes for Sup of Muni Bnd 43,417,219.64 39,038,600.00 Total General Revenues 60,390,618.96 59,345,793.29 Summary of Appropriations 2020 Budget Final 2019 Budget 1. Operating Expenses: Salaries & Wages 26,844,050.00 26,432,683.00 Other Expenses 18,103,468.35 17,353,704.29 2. Deferred Charges & Other Appropriations 6,237,447.02 6,113,104.00 3. Capital Improvements 500,000.00 302,000.00 4. Debt Service (Include for School Purposes) 6,657,089.59 7,125,738.00 5. Reserve for Uncollected Taxes 2,048,564.00 2,018,564.00 Total General Appropriations 60,390,618.96 59,345,793.29 Total Number of Employees 341 338 Balance of Outstanding Debt General 0 0 Interest 2,472,141.91 Principal 68,608,057.00 Outstanding Balance 71,080,198.91 0.00 0.00 Notice is hereby given that the budget and tax resolution was approved by the COUNCIL MEMBERS of the CITY of LONG BRANCH , County of MONMOUTH on June 10 , 2020. A hearing on the budget and tax resolution will be held at Long Branch City Hall , on July 8 , 2020 at 7:30 o’clock PM at which time and place objections to the Budget and Tax Resolution for the year 2020 may be presented by taxpayers or other interested parties. Copies of the budget are available in the office of Municipal Clerk at the Municipal Building, 344 Broadway Long Branch New Jersey, O7740 during the hours of 8:30 AM to 4:30 PM . ($58.05)

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