RESOLUTION #2007-040

AMENDMENT TO THE APPROVED BUDGET

IN ACCORDANCE WITH THE PROVISIONS OF NJSA 40A:4-9

WHEREAS the local municipal budget for 2007 was approved on March 20, 2007; and

WHEREAS the public hearing on said budget has been held as advertised; and

WHEREAS the Board of Commissioners desires to amend said approved budget.

NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners of the Borough of Harvey Cedars, County of Ocean that the following amendments to the approved budget of 2007 be made:

CURRENT FUND

From To

REVENUES

6. Amount to be Raised by Taxes $ 2,545,028.20 $ 2,546,548.82

7. Total General Revenues $ 3,547,087.77 $ 3,548,608.39

APPROPRIATIONS

(C) Capital Improvements Excluded from “CAPS”

New HVAC Unit $ 0.00 $ 25,000.00

Total Capital Improvements Excluded from

“CAPS” 125,000.00 150,000.00

(H-2) Total General Appropriations for Municipal

Purposed Excluded from “CAPS” 815,550.77 840,550.77

(O) Total General Appropriations Excluded

From “CAPS” 815,550.77 840,550.77

(L) Subtotal General Appropriations 3,277,087.77 3,302,087.77

(M) Reserve for Uncollected Taxes 270,000.00 246,520.62

9. Total General Appropriations $ 3,547,087.77 $ 3,548,608.39

WATER/SEWER UTILITY FUND

From To

REVENUES

Operating Surplus Anticipated $ 100,000.00 $ 83,500.00

Miscellaneous 20,000.00 36,500.00

BE IT FURTHER RESOLVED that three certified copies of this resolution be filed forthwith in the office of the Director of Local Government Services for certification of the 2007 Local Municipal Budget as amended.

PASSED ON: April 20, 2007