Details for LITTLE EHT FIRE DIST #3 - LEGAL

Updated

SYNOPSIS OF THE ANNUAL AUDIT OF FIRE DISTRICT NO. 3
TOWNSHIP OF LITTLE EGG HARBOR
STATEMENT OF NET POSITION
DECEMBER 31, 2019
AS REQUIRED BY N.J.S.A. 40 A: 5A-16
ASSETS
Cash and cash equivalents
Accounts receivable
Prepaid expenses
Capital assets, net
Right-of-use lease asset, net
Contribution receivable - length of service award program
Cash and investments - length of service award program
Total assets
LIABILITIES
Current liabilities
Accounts payable and accrued expenses
Capital lease obligation payable
Lease liability
Total current liabilities
Noncurrent liabilities
Capital lease obligation payable
Lease liability
Net assets available for program benefits length of service award program
Total noncurrent liabilities
Total liabilities
NET POSITION
Net investment in capital assets
Restricted for capital projects
Unrestricted
Total net position

$

2019

280,444
2,395
7,747
434,653
21,104
35,200
148,402
929,945
33,171
71,071
6,244
110,486
147,061
9,365
183,602
340,028
450,514

$

222,016
75,000
182,415
479,431

SYNOPSIS OF THE ANNUAL AUDIT OF FIRE DISTRICT NO. 3
TOWNSHIP OF LITTLE EGG HARBOR
STATEMENT OF ACTIVITIES
YEAR ENDED DECEMBER 31, 2019

2019
Expenses:
Operating appropriations:
Administration
$
71,219
Cost of operations and maintenance
302,701
Length of service award program (LOSAP) Contribution P.L. 1997, c.388)
17,600
Interest expense
6,586
Total program expenses
398,106
General revenues:
Amount raised by taxation
454,000
Interest on investments and deposits
363
Miscellaneous revenue
26,695
Total general revenues
481,058
Change in net position
82,952
Net position - beginning of year
396,479
Net position - end of year
$
479,431
The above synopsis was prepared from the financial statements with
independent auditor’s report of Fire District No. 3, Township of Little Egg
Harbor, County of Ocean, for the year ended December 31, 2019. The financial
statements with independent auditor’s report , submitted by Mohel Elliott Bauer
& Gass, Certified Public Accountants, is on file at the clerk’s office, Little Egg
Harbor Township and may be inspected by any interested person.
Printers Fee: $109.26
Order No. 0000152649-01
Pub. Date: September 28 & 29, 2020

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