Township Council Meeting — Agenda

195-22 July 19, 2022 RESOLUTION FOR THE TOWNSHIP OF WEST ORANGE TO AUTHORIZE A THREE-YEAR AVERAGE IN THE 2022 MUNICIPAL BUDGET WHEREAS, N.J.S.A. 40A:4-26 has been amended to authorize the Director of the Division of Local Government Services to promulgate new standards for the anticipation of COVID-19 affected revenues in the FY2022 budget, and, if necessary, in future years; and WHEREAS, for FY2022, the Director authorizes use of a three-year average for calculation of affected revenues, which shall be calculated in a manner consistent with the Reserve for Uncollected Taxes (RUT) calculation used for anomalous years; and WHEREAS, the revenues for various funds identified below were negatively impacted by COVID-19; and WHEREAS, the actual cash collections for the above-named revenues and the average cash collection over 2019, 2020 and 2021 are as follows: Realized Revenues GENERAL REVENUES 2022 Budgeted 3-Year Average 2019 2020 2021 CURRENT FUND Municipal Court 448,271.26 169,411.76 172,659.66 263,447.56 263,447.56 CURRENT FUND Parking Meters 7,962.24 - 1,452.47 3,138.24 3,138.24 CURRENT FUND Interest on Investments and Deposits 82,146.14 63,651.49 28,954.23

Interest on Investments and Deposits 82,146.14 63,651.49 28,954.23 55,856.99 55,856.99 CURRENT FUND Sewer User Charges 7,253,517.60 7,150,605.52 7,247,042.80 7,217,055.31 7,251,359.33 CURRENT FUND Comcast Cable TV 642,168.76 629,761.43 600,287.62 624,072.60 628,208.38 CURRENT FUND Hotel Tax 565,262.49 326,589.56 375,956.51 386,739.67 386,739.67 CURRENT FUND Rental-Environmental Center 86,700.00 45,837.00 50,004.00 59,215.06 59,215.06 CURRENT FUND Supplemental Sewer Fees 139,325.20 17,200.00 23,300.00 59,941.73 62,302.52 CURRENT FUND Uniform Fire Safety Act 88,692.20 83,596.10 79,146.63 83,811.64

88,692.20 83,596.10 79,146.63 83,811.64 85,510.34