Dear Waldwick Resident:
Your Mayor & Council worked closely with borough management and professionals to complete the challenging task of preparing the 2018 municipal budget for your review. For the seventh year in a row, there will be NO increase in the municipal tax rate. School and County tax rates will be added to that amount once they are known.
The following pages present our budget by line item. You may contact the Borough Administrator at 652-5300 x227 with any questions or concerns. The budget was introduced on February 27th with a public hearing scheduled for March 27th, at 7:30 PM in the Council chambers at 63 Franklin Turnpike.
Note: The figures in the columns “2017 Paid or Charged” in this brochure are provided for your information as to the actual expenditures made against the 2017 Budget. These are not audited figures, but they were compiled by the Finance Committee with great care and are believed to be accurate. The amounts shown represent all claims against the 2017 Budget, which had been approved by the Mayor and Council through December 31, 2017. Additional 2017 bills are known to be outstanding, which will impact the numbers given in this report.
WALDWICK MUNICIPAL BUDGETFY 18 / FY 17
Anticipated / Anticipated / Realized
1. Surplus Anticipated / $1,162,000 / $935,000 / $935,000
2. Miscellaneous Revenues:
Licenses / $37,780 / $36,880 / $38,227
Fees & Permits / $439,840 / $450,000 / $522,391
Municipal Court Fines / $38,117 / $100,000 / $38,117
Interest & Costs on Taxes / $63,155 / $60,000 / $63,155
Energy Receipts Tax/ Franchise & Gross Receipts Tax / $2,621,371 / $2,618,098 / $2,618,099
Sewer Privileges - Other Towns / $119,130 / $100,000 / $119,930
Misc.StateCountyGrants / $71,515 / $34,800 / $33,478
Police Training Facility Fees / $44,310 / $51,390 / $49,055
Trust Fund / $15,000 / 0 / 0
Cell Site Rental / $300,000 / $330,000 / $356,028
Solar Energy Credit / $3,500 / $3,500 / $3,509
Donations / 0 / $1,500 / $1,500
Sale of Assets / $73,000 / $73,000
3. Receipts from Delinquent Taxes / $235,000 / $315,000 / $$324,497
Miscellaneous Revenue Total / $5,150,718 / $5,109,168 / $5,176,286
4. Amount to be Raised by Taxation-For Municipal Purposes / $8,807,922 / $8,742,373 / $9,451,338
Totals / $13,958,640 / $13,851,541 / $14,627,624
FY 2017
FY2018 / Budget as Modified / Paid or Charged
A) OPERATIONS:
Administration:
Salary & Wages / $338,827 / $300,827 / $289,910
Other Expenses / $68,710 / $57,970 / $48,806
Financial Administration:
Salary & Wages / $148,020 / $145,615 / $143,425
Other Expenses / $46,700 / $52,000 / $43,205
Assessment of Taxes:
Salary & Wages / $35,835 / $35,133 / $34,908
Other Expenses / $12,385 / $5,550 / $3,064
Revenue Administration:
Salary & Wages / $57,056 / $51,035 / $51,035
Other Expense / $75,665 / $74,825 / $72,263
Legal Services:
Salary & Wages / $91,681 / $98,873 / $96,371
Municipal Court:
Salary & Wages / $39,831 / $39,780 / $36,401
Other Expenses / $59,450 / $58,950 / $52,191
Engineering Services: / $8,100 / $8,100 / $8,100
Utilities:
Oil / $80,000 / $82,500 / $54,703
Water / $15,000 / $22,500 / $20,399
Electricity / $125,000 / $110,000 / $106,710
Natural Gas / $30,000 / $32,500 / $19,593
Traffic Control Devices / $5,800 / $5,000 / $1,445
Telephone / $32,400 / $32,400 / $31,953
FY 2017
FY2018 / Budget as Modified / Paid or Charged
Street Lighting / $96,000 / $95,000 / $94,002
Public Buildings & Grounds:
Other Expenses / $145,645 / $135,300 / $116,874
Municipal Planning Board:
Salary & Wages / $8,903 / $8,728 / $8,728
Other Expenses / $7,160 / $10,800 / $4,914
Board of Adjustment:
Salary & Wages / $8,903 / $8,728 / $8,128
Other Expenses / $6,260 / $6,150 / $4,223
Group Insurance for Employees / $741,363 / $706,976 / $610,452
General Liability Insurance & Surety Bonds / $341,475 / $337,824 / $299,122
Fire:
Salary & Wages / $7,541 / $7,409 / $5,386
Other Expenses / $69,250 / $69,650 / $51,352
Fire Prevention Bureau
Salary & Wages / $19,824 / $19,664 / $19,484
Other Expenses / $30,446 / $12,233 / $7,950
Fire Hydrant Service / $25,000 / $25,000 / $25,000
Police:
Salary & Wages / $2,281,703 / $2,606,055 / $2,425,599
Other Expenses / $219,830 / $210,468 / $192,670
Park & Ride:
Other Expenses / $1,550 / $2,550 / $1,430
First Aid Organization / $20,750 / $20,750 / $19,400
Inspection of Buildings:
Salary & Wages / $203,524 / $199,761 / $196,243
Other Expenses / $4,340 / $4,.340 / $3,423
Municipal Garage:
Other Expenses / $196,000 / $205,000 / $181,856
Road Repair & Maintenance:
Salary & Wages / $739,400 / $754,400 / $700,575
Other Expenses / $36,800 / $33,300 / $27,563
Snow Removal: / $112,400 / $141,100 / $126,000
Garbage & Trash Removal Contract: / $327,600 / $312,000 / $310,000
Recycling:
Salary & Wages / $96,298 / $99,330 / $82,592
Other Expenses / $222,086 / $182,300 / $123,105
Sanitary Landfill Tax / $357,100 / $332,000 / $287,561
Sewers:
Other Expenses / $22,500 / $22,500 / $16,387
Borough of Ho-Ho-Kus: / $2,929 / $2,956 / $2,956
N.W.BergenCounty Sewer Authority: / $1,692,284 / $1,581,025 / $1,581,025
Village of Ridgewood Contract: / $5,600 / $5,600 / $5,600
Board of Health:
Salary & Wages / 0 / $3,550 / $3,503
N.W. Bergen Reg. Health Contract: / $105,334 / $100,234 / $95,944
Administration of Public Assistance:
Other Expenses / $100 / $100 / 0
Parks & Playgrounds:
Salary & Wages / $70,948 / $67,597 / $61,640
Other Expenses / $42,855 / $45,350 / $44,560
FY 2017
FY2018 / Budget as Modified / Paid or Charged
Community Television: / $1,000 / $1,000 / $1,000
Celebration of Public Events: / $4,000 / $4,500 / $2,571
Maintenance of Free Public Library: / $535,767 / $524,529 / $524,529
Municipal Alliance / $0 / $1,500 / $16
TOTAL OPERATIONS / $10,080,928 / $10,120,275 / $9,388,436
B) CAPITAL IMPROVEMENT FUND / $331,750 / $74,100 / $74,100
C) DEFERRED CHARGES
Contribution to Public Retirement System / $213,309 / $207,850 / $207,490
Contribution to Police & Firemen’s Fund / $556,556 / $486,450 / $484,950
Contribution to Social Security / $306,000 / $322,583 / $278,012
Deferred Charges/Deficit / $24,500 / $24,500 / $24,500
Total Deferred Charges / $1,100,365 / $1,041,383 / $994,952
D) MUNICIPAL DEBT SERVICE
Bond Principal Payment / $1,200,000 / $1,478,000 / $1,478,000
Note Principal Payment / $39,700 / 0 / 0
Interest on Bonds / $151,020 / $193,620 / $193,605
Interest on Notes / $51,914 / $16,200 / $15,988
NJ Environmental Infrastructure Trust Loan / $12,963 / $12,963 / $11,740
Total Debt Services / $1,455,597 / $1,700,783 / $1,699,333
TOTAL GENERAL APPROPRIATIONS / $12,968,640 / $12,936,541 / $12,156,821
E) RESERVE FOR UNCOLLECTED TAXES / $990,000 / $915,000 / $915,000
TOTAL GENERAL APPROPRIATION WITH RESERVES / $13,958,640 / $13,851,541 / $13,071,821
WATER UTILITY BUDGET
DEDICATED WATER UTILITY BUDGET / FY 17
FY 18 / Anticipated / Anticipated
Surplus Anticipated / $80,805 / $0 / $0
Rents / $1,734,045 / $1,868,855 / $1,734,045
Fire Hydrant Service / $25,000 / $25,000 / $25,000
Miscellaneous / $8,143 / $10,000 / $8,143
Total Water Utility Revenues / $1,847,993 / $1,903,855 / $1,986,300
FY 17
Operating: / FY 18 / Budget as Modified / Paid or Charged
Salary & Wages / $778,800 / $758,880 / $727,121
Other Expenses / $509,034 / $569,840 / $453,543
Capital Improvement Fund / $6,500 / $5,500 / $5,500
Payment of Bond Principal / $140,000 / $188,000 / $188,000
Payment of Note Prinicipal / $2,000 / 0 / 0
Interest on Bonds / $20,140 / $25,632 / $23,925
Interest on Notes / $8,558 / $2,550 / $2,550
Environmental Trust Principal and Interest / $189,704 / $193,203 / $183,073
Social Security / $60,000 / $57,250 / $51,417
FY 17
FY 18 / Budget as Modified / Paid or Charged
Retirement System / $92,215 / $103,000 / $101,118
Total Water Utility Budget / $1,794,943 / $1,903,855 / $1,756,146
OPEN SPACE BUDGET
FY 17
FY 18 / Anticipated / Anticipated
Amount to be Raised through Taxation / $79,885 / $78,854 / $79,022
Reserve from Prior Years / $18,615 / $3,971 / 0
Total Revenues / $98,500 / $82,825 / $79,022
FY 17
FY 18 / Budget as Modified / Paid or Charged
Park Maintenance / $13,500 / $12,825 / $12,825
Veterans Park Drainage / $50,000 / $50,000
White’s Pond Restoration / $20,000 / $20,000
Park Improvements Pool / $35,000
Park Improvements / $35,000
Playground Chips / $15,000 / $0 / $0
Total Expenditures / $98,500 / $82,825 / $82,825