Friday, December 10, 2010

Franklin Park Borough Finances as of Nov 30, 2010

The following is the summary of accounts as of Nov 30, 2010:
Borough Unrestricted Accounts $1,400,524.88 (Includes $66,507.11 from $52 Local Service Tax)
Borough Restricted Accounts $468,085.62 (Off Budget)
Borough Enterprise Accounts $356,294.78
Borough Escrow Accounts $345,089.81 (Off Budget)

Total (Money in the Bank) $2,569,995.09

If Borough Revenue and Expenses balance out in December, we should have the $1,400,524.88, Unrestricted Account, as the General Fund Starting Cash for 2011 Budget.
(The latest Budget Blueprint received Dec 10, 2010 shows this number to be $1,125,000 fully $275,000 below what we have in the bank)

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