Deferred Charges
Deferred Charges budget $63,353,435 for obligations and costs listed separately from regular operating lines, including emergency authorizations, tax appeal settlements and judgments, state emergency overtime, capital projects, grant reserves, and overexpenditures. The category also includes amounts for specific projects such as Henderson Street reconstruction, Grand Street reconstruction, and traffic-signal improvements.
The budget is up $38,001,812, or 149.9%, from last year. Two emergency-authorization lines total $44,581,562, while tax appeal settlements and judgments add $13,000,000; together, those three lines account for $57,581,562—about 90.9% of the total. Deficit in Operations and Overexpenditure Improvement Authorizations are both budgeted at $0.
| Line item | Category | Code | Amount |
|---|---|---|---|
| ▸Emergency Authorizations | Deferred Charges | 46-870 | $22,500,000 |
| ▸Special Emergency Authorization 5 Years (N.J.S.A. 40A:4-55) | Deferred Charges | 46-875 | $22,081,562 |
| ▸Tax Appeal Settlements and Judgements | Deferred Charges | 46-889 | $13,000,000 |
| ▸State Emergency Overtime | Deferred Charges | 55-558 | $2,379,746 |
| ▸McC-181: Reconstruction Henderson Street | Deferred Charges | 46-872 | $667,497 |
| ▸McC-129: Various City Improvements | Deferred Charges | 46-872 | $538,172 |
| ▸McC-398: Neighborhood Preservation Bal. Housing | Deferred Charges | 46-872 | $529,179 |
| ▸Overexpenditure Appropriation Reserves | Deferred Charges | 55-550 | $487,133 |
| ▸Unfunded Capital Ordinances: C-211, J-575m, McC-6 | Deferred Charges | 46-872 | $485,197 |
| ▸Federal and State Grants Fund: Grant Reserves | Deferred Charges | 55-566 | $296,778 |
| ▸92-029: Reconstruct Intersections / Traffic Signals | Deferred Charges | 46-872 | $229,363 |
| ▸McC-996: Improvements to Various Traffic Signals | Deferred Charges | 46-872 | $92,745 |
| ▸92-014: Reconstruction Grand Street | Deferred Charges | 46-872 | $64,506 |
| ▸McC-127: Fiscal Year Adjustment Bonds | Deferred Charges | 46-872 | $1,557 |
| ▸Deficit in Operations | Deferred Charges | 55-560 | $0 |
| ▸Overexpenditure Improvement Authorizations | Deferred Charges | 55-552 | $0 |