Deferred Charges
This section budgets $62,815,612 for deferred charges: specified obligations carried in the budget under items such as emergency authorizations, a five-year special emergency authorization, tax-appeal settlements and judgments, unfunded capital ordinances, and state emergency overtime. The largest entries are $22,500,000 for Emergency Authorizations, $22,081,562 for the five-year Special Emergency Authorization, and $13,000,000 for Tax Appeal Settlements and Judgements.
Deferred Charges rise by $37,463,989, or 147.8%, from last year, reaching $62,815,612. The increase is concentrated in the three largest lines, which together total $57,581,562: Emergency Authorizations, the five-year Special Emergency Authorization, and Tax Appeal Settlements and Judgements. Smaller charges include $2,608,216 for Unfunded Capital Ordinances, $2,379,746 for State Emergency Overtime, and $246,088 for Overexpenditure 2024 Appropriation Reserves; the three remaining listed lines are 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 |
| ▸Unfunded Capital Ordinances | Deferred Charges | 46-872 | $2,608,216 |
| ▸State Emergency Overtime | Deferred Charges | 55-558 | $2,379,746 |
| ▸Overexpenditure 2024 Appropriation Reserves | Deferred Charges | 55-550 | $246,088 |
| ▸Deficit in Operations | Deferred Charges | 55-560 | $0 |
| ▸Overexpenditure Improvement Authorizations | Deferred Charges | 55-552 | $0 |