2008 Budget of the County of Monmouth for the Fiscal Year 2008 Revenue and Appropriation Summaries
Summary of Revenues 1. Surplus 2. Total Miscellaneous Revenues 3. Amount to be Raised by Taxation - County Purpose Tax Total General Revenues Anticipated 2008 Budget $48,500,000.00 $146,110,000.00 $294,590,000.00 $489,200,000.00 Final 2007 Budget $48,500,000.00 $156,493,123.94 $286,504,000.00 $491,497,123.94
Summary of Appropriations 1. Operating Expenses: Salaries & Wages Other Expenses 2. Capital Improvements 3. Debt Service 4. Deferred Charges & Other Appropriations Total General Appropriations Total Number of Employees
2008 Budget $179,069,379.02 $219,625,501.84 $14,165,495.00 $47,864,624.14 $28,475,000.00 $489,200,000.00 3782
Final 2007 Budget $174,484,136.07 $233,490,147.57 $13,046,000.00 $47,976,840.30 $22,500,000.00 $491,497,123.94 3796
2008 Dedicated Reclamation Center Utility Budget Summary of Revenues 1. Surplus 2. Miscellaneous Revenues 3. Deficit (General Budget) Total Revenues Summary of Appropriations 1. Operating Expenses: Salaries & Wages Other Expenses 2. Capital Improvements 3. Debt Service 4. Deferred Charges & Other Appropriations 5. Surplus (General Budget) Total Appropriations Total Number of Employees 110 Anticipated 2008 Budget $28,000,000.00 $29,000,000.00 $0.00 $57,000,000.00 2008 Budget $6,400,000.00 $39,744,092.98 $7,216,549.00 $3,639,358.02 $0.00 $0.00 $57,000,000.00 111 Final 2007 Budget $17,500,000.00 $30,000,000.00 $0.00 $47,500,000.00 Final 2007 Budget $6,200,000.00 $36,658,105.01 $833,205.00 $3,808,689.99 $0.00 $0.00 $47,500,000.00
Balance of Outstanding Debt General Interest Principal Outstanding Balance $79,018,807.97 $316,800,147.11 $395,818,955.08 Utility - Other $4,033,300.00 $18,970,000.00 $23,003,300.00
Notice is hereby given that the budget and tax resolution was approved by the County of Monmouth on January 24, 2008. A hearing on the budget and tax resolution will be held at the Hall of Records Building, on February 28, 2008 at 7:00 o'clock PM at which time and place objections to the Budget and Tax Resolutions for the year 2008 may be presented by taxpayers or other interested persons. Copies of the budget are available in the office of Mark E. Acker / Director of Finance at the County Building, Hall of Records, 1 East Main Street, Freehold, New Jersey, (732) 431-7391 during the hours of 8:00 o'clock AM to 5:00 o'clock PM or on our website at the following link:
http://co.monmouth.nj.us/documents/3/2008ProposedStateBudget.pdf