HASBROUCK HEIGHTS, NJ - In collaboration with the Hasbrouck Heights Mayor and Council, TAPinto Hasbrouck Heights/Wood-Ridge/Teterboro will be publishing the department's year-end reports for 2019.

 

FINANCE REPORT FOR THE DECEMBER 26th 2019 MEETING

The Current Fund cash balance at November 30th was $5,783,842.23 and at October 31 st was $3,073,615.30 which represents an increase of $2,710,226.93. The entire balance was invested and earning approximately 1.78%.

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Cash receipts for the month of November totaled $7,915,931.35. of which $7,689,546.37 was for Current Taxes, $30,362.79 was for Pre-paid Taxes, $51,851.45 was for State Aid and $144,170.74 was Miscellaneous Revenues.

Cash disbursements for the month of November totaled $5,205,704.42 of which $2,475,367.00 was for Local School Taxes, $1,097,089.53 was for County Taxes $1,083,190.15 was for Salaries and $550,057.74 was for Other Expenses.

The Finance Officer has received notice from the Division of Local Government Services that the date for the submission Of the Annual Financial Statement has been extended from February 10th to March 2nd and the date for the introduction of the budget has been extended from February 1 to March 30th. 

 

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