18-10 Contract

TOWNSHIP OF WEST ORANGE Bonded Officials The following officials were bonded during the year ended December 31, 2008 through policies issued by Western Surety Company: Name Title Amount Edrie A. Daniels Municipal Court Adm. $ 75,000 Joseph Antonucci Tax Collector 550,000 Edward J. Coleman. Chief Financial Officer 50,000 Harry L. Starrett Municipal Judge 75,000 Margaret E. Padovano Municipal Judge 75,000 Anita Lanfrank Sr. Data Entry 15,000 JoAnn Behar Township Clerk 5,000 The Public Employees’ Blanket Bond is carried to cover all other officials not specifically covered by a separate bond. Collection of Interest on Delinquent Taxes and Assessments The statute provides the method for authorizing interest and the maximum rate to be charged for the nonpayment of taxes or assessments on or before the date when they would become delinquent. The governing body adopted the following resolution authorizing interest to be charged on delinquent taxes: “Not to exceed 8% per annum on the first $1,500 of the delinquency and 18% on any amount in excess of $1,500.” “The Township Council by resolution instructed the Tax Collector to permit a ten (10) day grace period in the collection of taxes before a charge of interest is made.” “Be it further resolved that an additional 6% penalty be charged for delinquencies in excess of $10,000 remaining unpaid at the end of the calendar year in accordance with the amended provisions of N.J.S.A. 54:4-67.” ° It appears from the examination of the Collector’s records that interest was collected in accordance with the foregoing resolution. Delinquent Taxes and Tax Title Liens The delinquent taxes at December 31, 2008 consist of unpaid taxes for the year 2008. It is quite evident, that a determined effort has been made to enforce the payment of delinquent taxes. The last tax sale was held on January 21, 2009 and was completed. Inspection of tax sale certificates on file revealed that all tax sale certificates were available for audit. -34-