2012 Mansfield Township Audit Report

REPORT OF AUDIT
TOWNSHIP OF MANSFIELD
COUNTY OF WARREN
DECEMBER 31, 2012
TOWNSHIP OF MANSFIELD, N.J.

DECEMBER 31, 2012
TABLE OF CONTENTS
Exhibit
Page
PART I
Independent Auditors' Report
1-3
A
A-1
A-2
A-3
CURRENT FUND
Comparative Balance Sheet - Current Fund
Comparative Statement of Operations and Change in Fund Balance
Statement of Revenues
Statement of Expenditures
4-5
6
7-8
9 - 16
TRUST FUND
Comparative Balance Sheet - Trust Fund
17
C
C-1
GENERAL CAPITAL FUND

Comparative Balance Sheet - General Capital Fund
Schedule of Fund Balance
18
19
FIXED ASSETS
Comparative Statement of General Fixed Assets
20
NOTES TO FINANCIAL STATEMENTS
21 - 43
SUPPLEMENTARY DATA
OFFICIALS IN OFFICE AND SURETY BONDS
SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS
SCHEDULE OF EXPENDITURES OF STATE FINANCIAL ASSISTANCE
COMPARATIVE STATEMENTS
44
45
46 - 47
48 - 50
CURRENT FUND
A-4
A-5
A-6
A-7
A-8
Schedule of Cash
Schedule of Cash - Change Fund - Collector
Schedule of Taxes Receivable and Analysis of Property Tax Levy
Schedule of Tax Title Liens Receivable
Schedule of Property Acquired for Tax Assessed Valuation
51
52
53
54
54
Exhibit
Page
CURRENT FUND (continued)

A-9 Schedule of Revenue Accounts Receivable
A-10 Schedule of Amount Due to State of New Jersey
for Sr. Cit. & Vet. Ded. CH. 73 P.L. 1976
A-11 Schedule of Interfunds Receivable/Payable
A-12 Schedule of Appropriation Reserves
A-13 Schedule of Deferred Charges
A-14 Schedule of Various Cash Liabilities and Reserves
A-15 Schedule of Encumbrances Payable
A-16 Schedule of Prepaid Taxes
A-17 Schedule of County Taxes Payable
A-18 Schedule of Municipal Open Space Tax
A-19 Schedule of Local District School Taxes Payable
A-20 Schedule of Regional High School Taxes Payable
A-21 Schedule of Interfunds
A-22 Schedule of Grants Receivable
A-23 Schedule of Appropriated Reserves for Grants
A-24 Schedule of Unappropriated Reserves for Grants
55
56
57
58 - 59
60
61
62
62
63
63
64
65
66
67
68
69
TRUST FUND
B-1
B-2
B-3
B-4
B-5
B-6
B-7
Schedule of Cash
Schedule of Due (To)/From Current Fund
Schedule of Due from General Capital
Schedule of Due to Current Fund
Reserve/(Deficit) - Animal Control Trust Fund Expenditures
Schedule of Other Trust Funds
Schedule of Due to State Department of Health
70
71
71
72
73
74
75
GENERAL CAPITAL. FUND

C-2
C-3
C-4
C-5
C-6
C-7
C-8
C-9
C-10
C-11
C-12
C-13
C-14
C-15
Schedule of Cash
Analysis of Cash
Schedule of Interfund Accounts Receivable (Payable) - Current Fund
Schedule of Interfund Accounts Receivable (Payable) - Other Trust Fund
Due from Hackettstown
Schedule of Deferred Charges to Future Taxation - Funded
Schedule of Deferred Charges to Future Taxation - Unfunded
Schedule of Capital Improvement Fund
Schedule of Improvement Authorizations
Schedule of Bond Anticipation Notes Payable
Schedule of Various Reserves
Schedule of General Serial Bonds Payable
Schedule of N.J. Economic Resources Loan Payable
Schedule of Bonds and Notes Authorized But Not Issued
76
77
78
79
79
80
81
82
83
84
85
86
87
88
Exhibit
Page
PART II
INDEPENDENT AUDITOR'S REPORT ON INTERNAL CONTROL OVER

FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS
BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN
ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS
89 - 90
SCHEDULE OF FINDINGS AND QUESTIONED COSTS

SUMMARY SCHEDULE OF PRIOR AUDIT FINDINGS
91
92
GENERAL COMMENTS
Cash Balances
Contracts and Agreements
Collection of Interest on Delinquent Taxes
Delinquent Taxes and Tax Title Liens
Verification of Delinquent Taxes and Other Charges
Municipal Court
Finance
Interfunds
Outside Offices
93
93
94
95
95
96
96
97
97
RECOMMENDATIONS
98
STATUS OF PRIOR YEARS AUDIT FINDINGS/RECOMMENDATIONS
99
PART I
REPORT OF AUDIT ON FINANCIAL STATEMENTS
AND SUPPLEMENTARY DATA
YEAR ENDED DECEMBER 31, 2012
Ferraioli, Wielkotz, Cerullo & Cuva, P.A.

Charles J. Ferraioli, Jr., MBA, CPA, RMA
Steven D. Wielkotz, CPA, RMA
James J. Cerullo, CPA, RMA
Paul J. Cuva, CPA, RMA
Thomas M. Ferry, CPA, RMA
Certified Public Accountants

401 Wanaque Avenue
Pompton Lakes, New Jersey 07442
973-835-7900
Fax 973-835-6631
Newton Office
100E Main Street
Newton, N.J. 07860
973-579-3212
Fax 973-579-7128
INDEPENDENT AUDITOR'S REPORT
Honorable Mayor and

Members of the Township Committee
Township of Mansfield
Port Murray, N.J. 07865
Report on the Financial Statements
We have audited the accompanying balance sheets - regulatory basis of the various funds of the Township of
Mansfield in the County of Warren, as of December 31, 2012 and 2011, the related statement of operations
and changes in fund balance - regulatory basis for the years then ended, and the related statement of revenues regulatory basis and statement of expenditures - regulatory basis of the various funds for the year ended
December 31, 2012, and the related notes to the financial statements, which collectively comprise the
Township's basic financial statements as listed in the table of contents.
Management's Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation ofthese financial statements in accordance
with the basis of accounting prescribed by the Division of Local Government Services, Department of
Community Affairs, State ofNew Jersey. Management is also responsible for the design, implementation, and
maintenance of internal control relevant to the preparation and fair presentation of financial statements that
are free from material misstatements, whether due to fraud or error.
Auditor's Responsibility
Our responsibility is to express an opinion on these financial statements based on our audit. We conducted
our audit in accordance with auditing standards generally accepted in the United States of America, the audit
requirements prescribed by the Division of Local Government Services, Department of Community Affairs,
State of New Jersey (the "Division"), and the standards applicable to financial audits contained in Government
Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we
plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of
material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the
financial statements. The procedures selected depend on the auditor's judgment, including the assessment of
the risks of material misstatement of the financial statements, whether due to fraud or error. In making those
risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation
of the financial statements in order to design audit procedures that are appropriate in the circumstances, but
not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. Accordingly,
The Honorable Mayor and

Page 2
we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used
and the reasonableness of significant accounting estimates made by management, as well as evaluating the
overall presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our
audit opinions.
Basis for Adverse Opinion on U.S. Generally Accepted Accounting Principles
As described in Note 1 of the financial statements, the financial statements are prepared by the Township of
Mansfield on the basis of the financial reporting provisions prescribed by the Division of Local Government
Services, Department of Community Affairs, State of New Jersey, which is a basis of accounting other than
accounting principles generally accepted in the United States of America, to meet the requirements of New
Jersey.
The effects on the financial statements of the variances between the regulatory basis of accounting described
in Note 1 and accounting principles generally accepted in the United States of America, although not
reasonably determinable, are presumed to be material.
Adverse Opinion on U.S. Generally Accepted Accounting Principles
In our opinion, because of the significance of the matter discussed in the "Basis for Adverse Opinion on U.S.
Generally Accepted Accounting Principles" paragraph, the financial statements referred to above do not
present fairly, in accordance with accounting principles generally accepted in the United States of America,
the financial position of each fund of the Township of Mansfield as of December 31, 2012 and 2011, or
changes in financial position for the years then ended.
Basis for Qualified Opinion on Regulatory Basis Accounting Principles
We are unable to obtain sufficient evidence to support the cost of fixed assets. As more fully describe in Note
1, due to the length of time over which these fixed assets were acquired, it is not practical to determine their
actual costs. We are, therefore, unable to express an opinion as to the general fixed assets account group at
at December 31, 2012, and 2011, stated as $7,264,877.00 and $5,804,892.17, respectively.
Qualified Opinion on Regulatory Basis of Accounting
In our opinion, except for the effects of the matter described in "Basis for Qualified Opinion on Regulatory
Basis Accounting Principles", the financial statements referred to above present fairly, in all material respects,
the regulatory basis balances sheets as of December 31, 2012 and 2011, the regulatory basis statements of
operations for the years then ended and the regulatory basis statements of revenues and expenditures for the
year ended December 31, 2012 in accordance with the basis of financial reporting prescribed by the Division
of Local Government Services, Department of Community Affairs, State of New Jersey as described in Note
1.
Honorable Mayor and

Page 3
Other Matters
Other Information
Our audit was conducted for the purpose of forming opinions on the financial statements that collectively
comprise the Township of Mansfield's basic financial statements. The supplementary information listed in
the table of contents and the letter of comments and recommendations section are presented for purposes of
additional analysis and are not a required part of the basic financial statements.
The supplemental information listed in the table of contents are the responsibility of management and were
derived from and relates directly to the underlying accounting and other records used to prepare the basic
financial statements. Such information has been subjected to the auditing procedures applied in the audit of
the basic financial statements and certain additional procedures, including comparing and reconciling such
information directly to the underlying accounting and other records used to prepare the basic financial
statements or to the basic financial statements themselves, and other additional procedures in accordance with
auditing standards generally accepted in the United States of America. In our opinion, the supplemental
information listed in the table of contents are fairly stated, in all material respects, in relation to the basic
financial statements as a whole.
The letter of comments and recommendations section has not been subject to the auditing procedures applied
in the audit of the basic financial statements, and accordingly, we do not express an opinion or provide any
assurance on it.
Other Reporting Required by Government Auditing Standards
In accordance with Government Auditing Standards, we have also issued our report dated June 27, 2013 on
our consideration of the Township of Mansfield's internal control over financial reporting and on our tests of
its compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters.
The purpose of that report is to describe the scope of our testing of internal control over financial reporting
and compliance and the results of that testing, and not to provide an opinion on internal control over financial
reporting or on compliance. That report is an integral part of an audit performed in accordance with
Government Auditing Standards in considering the Township of Mansfield's internal control over financial
reporting and compliance.
homas M. Ferry, C.P.A.

Registered Municipal Accountant
No. 497
FERRAIOLI, WIFLKOTZ, CERULLO & CUVA, P.A.

June 27, 2013
(FWC
3
A
Page 1 of 2
Township of Mansfield, N.J.
Comparative Balance Sheet - Regulatory Basis
Current Fund
December 31,
Assets
Current Fund:
Cash
Change Fund
Receivables and Other Assets with Full Reserves:
Delinquent Taxes Receivable
Tax Title Liens Receivable
Property Acquired for Taxes Assessed Valuation
Revenue Accounts Receivable
Interfund Receivables:
Animal Control Trust Fund
Deferred Charges:
Over-expenditure of Appropriation Reserves
Federal and State Grant Fund:
Interfund - Current Fund
Grants Receivable
Ref.
2012
A-4
A-5
1,713,25L79
350.00
1,713,601.79
1,234,319.17
350.00
1,234,669.17
A-6
A-7
539,349.37
594,948.45
393,544.09
506,123.27
A-8
A-9
1,447,600.00
21,326.96
1,447,600.00
5,793.78
A-11
180.40
2,603,405.18
180.40
2,353,241.54
A-13
1,053.50
4,318,060.47
44,816.30
3,632,727.01
A-21
A-22
30,738.78
130,334.81
161,073.59
4,479,134.06
15,468.20
137,393.01
152,861.21
3,785,588.22
2011
The accompanying "Notes to Financial Statements" are an integral part of these financial statements.
4
A
Page 2 of 2
Current Fund
December 31,
Ref.
Liabilities, Reserves and Fund Balance
Current Fund:
Appropriation Reserves
Due to State of New Jersey:
Senior Citizen and Veteran Deductions
Interfund Payable:
Federal & State Grant Fund
General Capital
Other Trust
Tax Overpayments
Due to State of New Jersey:
Marriage Surcharge
Reserve for:
Verizon Franchise Fee
Outside Redemption
Garden State Preservation Trust Fund
Encumbrances Payable
Prepaid Taxes
County Taxes Payable
Local District School Taxes Payable
Regional High School Taxes Payable
Reserve for Receivables
Fund Balance
Federal and State Grant Fund:
Appropriated Reserve for Grants
Unappropriated Reserve for Grants
A-3;A-12
2012
2011
287,874.34
339,947.23
A-10
739.65
1,239.65
A-11
A-11
A-11
A-14
30,738.78
353,221.21
137,861.64
18,498.15
15,468.20
165,096.65
52,659.01
250.00
A-14
775.00
150.00
A-14
A-14
A-14
A-15
A-16
A-17
A-19
A-20
20,931.61
20,931.61
1,877.00
25,077.00
48,595.37
146,884.42
1,023.78
127,519.60
22,192.22
968,911.74
2,353,241.54
310,573.73
3,632,727.01
Contra
A-1
A-23
A-24
25,077.00
47,366.44
352,593.47
2,902.08
124,089.10
43,096.78
1,445,765.25
2,603,405.18
268,890.04
4,318,060.47
161,073.59
161,073.59
4,479,134.06
141,558.77
11,302.44
152,861.21
3,785,588.22
5
A-1
Comparative Statement of Operations and Changes in Fund Balance - Regulatory Basis
Current Fund
December 31,
Ref
Revenues and Other Income:
Fund Balance Utilized
A-2
Miscellaneous Revenue Anticipated
A-2
Receipts from Delinquent Taxes
A-2
Receipts from Current Taxes
A-2
Non-Budget Revenue
A-2
Other Credits to Income:
Interfunds Returned
Encumbrances Cancelled
A-15
Unexpended Balance of Appropriation Reserves A-12
Total Revenues and Other Income
Expenditures:
Budget and Emergency Appropriations:
Operations - Within "CAPS"
Salaries and Wages
A-3
Other Expenses
A-3
Deferred Charges and Statutory Expenditures Municipal
A-3
Operations - Excluded From CAPS:
Salaries and Wages
A-3
Other Expenses
A-3
Capital Improvements
A-3
Municipal Debt Service
A-3
Deferred Charges and Statutory Expenditures
A-3
Refund of Prior Year Revenue
County Taxes including Added Taxes
A-17
Municipal Open Space Tax
A-18
Local District School Tax
A-19
Regional High School Tax
A-20
Total Expenditures
Excess (Deficit) Revenue Over Expenditures
Fund Balance, January 1,
A-1
Fund Balance Utilized as Budget Revenue
Fund Balance, December 31,
2012
2011
212,000.00
1,613,385.46
256,848.28
19,305,229.23
116,988.39
187,000.00
1,592,898.70
468,237.60
19,516,406.41
32,712.90
6,150.83
321,433.40
21,832,035.59
128,174.37
19,933.80
23,684.21
21,969,047.99
1,672,416.00
1,862,077.93
2,018,003.00
1,616,508.00
562,984.80
589,811.79
291,402.00
76,292.42
398,084.50
376,024.28
35,500.00
281,718.00
144,566.90
114,072.00
376,153.29
57,897.25
8,755.90
5,301,674.03
195,246.14
5,221,821.00
5,823,491.74
21,749,719.04
219,328.95
278,244.78
497,573.73
187,000.00
310,573.73
5,186,813.03
129,863.47
5,204,960.00
5,865,300.85
21,661,719.28
170,316.31
310,573.73
480,890.04
212,000.00
268,890.04
6
A-2
Statement of Revenues - Regulatory Basis
Current Fund
Year Ended December 31, 2012
Special N.J.S.
40A:4-87
Budget
Ref
Fund Balance Anticipated
Miscellaneous Revenues:
Licenses:
Alcoholic Beverages
Fees and Permits
Fines and Costs:
Municipal Court
Interest and Costs on Taxes
Interest on Investments
Cellular Tower Rental
Cable T.V. Franchise Fee
Energy Receipts Tax
Garden State Trust Fund
Police Administrative Fees
Planning Board Fees
DMV Fines
Uniform Construction Code Fees - Washington Township
Special Items of General Revenue Anticipated With
Prior Written Consent of Division of Local
Government Services:
Shared Service Agreement Municipal Court & Prosecutor
Other Special Items:
Hotel / Motel Occupancy Fee
Lease of Township Owned Farmland
Public and Private Revenues:
Recycling Tonnage
Clean Communities Program
Click It or Ticket
County of Warren - DARE
Drive Sober or Get Pulled Over
Drunk Driving Enforcement Fund
Municipal Alliance on Alcoholism and Drug Abuse
Body Armor
Municipal Alcohol Education Rehabilitation
Total Miscellaneous Revenues
Receipts from Delinquent Taxes
Subtotal General Revenues
Amount to be Raised by Taxes for Support of
Municipal Budget-Local Tax for Municipal Purposes
Including Reserve for Uncollected Taxes
Realized
Excess or
(Deficit)
A-1
212,000.00
212,000.00
A-9
A-9
4,877.00
6,600.00
4,877,00
11,455.00
A-9
A-9
A-9
A-9
A-9
A-9
A-14
A-9
A-9
A-9
A-9
77,200.00
96,700.00
10,400.00
39,915.00
23,100.00
864,858.00
25,077.00
800.00
750.00
3,000.00
24,481.00
90,483.45
84,563.29
6,732.62
52,210.26
22,946.26
864,858.00
25,077.00
688.00
2,650.00
1,000.00
64,860.18
13,283.45
(12,136.71)
(3,667.38)
12,295.26
(153.74)
A-9
306,295.00
293,821.03
(12,473.97)
A-9
A-9
17,000.00
3,200.00
24,961.95
3,200.00
7,961.95
A-2
30,877.40
390,000.00
2,134,377.02
30,877.40
256,848.28
2,082,233.74
(133,151.72)
(83,020.68)
3,416,326.88
(191,235.63)
5,498,560.62
(274,256.31)
116,988.39
116,988.39
5,615,549.01
(157,267.92)
4,000.00
242.08
4,400.00
1,933.41
1,550.79
3,607,562.51
5,741,939.53
30,877.40
A-1;A-2
5,741,939.53
A-3
30,877.40
A-3
(112.00)
1,900.00
(2,000.00)
40,379.18
2,000.00
7,402.00
1,522.49
377.95
1,532,377.02
16,821.58
A-1;A-2
4,855.00
18,751,12
16,821.58
4,000.00
242.08
4,400.00
3,933.41
7,402.00
3,073.28
377.95
1,613,385.46
18,751.12
A-22
A-22
A-22
A-22
A-22
A-22
A-22
A-22
A-22
A-1
Budget Totals
Non-Budget Revenue
Page 1 of 2
50,131.04
A-2
Page 2 of 2
Statement of Revenues - Regulatory Basis

Current Fund
Analysis of Realized Revenues
Ref.
Revenue from Collections
Allocated to School and County Taxes
A-1;A-6
19,305,229.23
A-6
16,386,937.35
Balance for Support of Municipal

Budget Appropriations
2,918,291.88
Add : Appropriation - Reserve for

Uncollected Taxes
A-3
498,035.00
Amount for Support of Municipal

Budget Appropriations
A-2
3,416,326.88
A-6
A-7
254,094.06
2,754.22
A-2
256,848.28
Receipts from Delinquent Taxes:

Delinquent Taxes
Taxes Receivable
Tax Title Liens
Analysis of Non-budget Revenues
1,110.00
67,625.00
117.00
170.00
1,000.00
10,122.23
33,701.91
3,142.25
Sr. Citizen and Veteran Admin. Fees

Purchase of Township Property
Clerk
Certified Lists
Payment in Lieu of Taxes
Miscellaneous
FEM A Reimbursements
Various Reimbursements & Refunds
A-2;A-4
116,988.39
N Ct 0
00 kr) 0
,f N kri
k.0 N 0
00 k.0 'r
kri rn- Cs
--.
*..,
N
N
,...,
un
N
kri
1.r,
,--,
vS
krk
N
tr)
N
4
rn
k- i
toi
0
--,
o6
rkn
d-
0 in
oo
Lr)
0 0 0
0 0
,,
N 6
N
SO N
d-.,
NN
Cs
,,
kn rr)
NN
cS N
kin
,,
N
0 0 k..0
kr)
00 ,-+ 0
rn
in N
0 0 kr) 0 --1 --1 1-. 0 N NN 0
6 kr; 6 k--1 --I
N N kr;
00
N r-:
6 00 . 7t- N 0,
cn N ,.0
-71N71uo tr) N .0 N
kn rrl in
0
N., tn.,
71= rri 00 71-0- Vf; 0.rri
1 N
N kn ,-.--1
kn
en.
0
0
tri
N Cs.
6 rri
kr;
N 't
cl- N
'l N
N
\-0
'0
O''
0 0 0 0 0
0 0 c=7; C. 0
6 tri c-f 6 4
00 00 00 6 \-0
+.0 in N kn \.0
7/-- rri N- cr-1c-,1 kr) cn
N
,-.
N
;-i
0
..1-1
%..0 N
0
NN
.q.N
C) 0 0 0 0 0 cO 0 0 0 0 0
0 0 0
6
6 6 0 o O 6
6 6
000
6 00 00 6 6 N
CZ) C> en
0 cm 0 N O 0 0 )
0) 0
0,
.71- ion
71- kr)
O
C)
00 O
00
O <1N
I71-n
.4D
00 N
N N
kr
O
az;
CO
tai)
.-.
'
a)
1 k 'e,
P.
0
,_,,
6-, , - .1=,
...-,
-..,
kn
ct]
0
C.)
OA
cn
cA
a)
c_)
P-A
(..
1-0
ct
ul .)
u)
= d CO
0 61 ct
,--I , ,
i . .
t.0
rn
cn vl to
a) a) a.) *, - a)
'F4 v) '5) cs
bn
'D
-Ci
0
C-)
---,., -,j
I ,b
11
r)
cA
1., ;=LLi)L "d

<CE a
x X X
() ,
.,_,, w w w '-, `, P r4x
2 - 1)
:,e, ...,
0 ,--, 1 i' 4,)
000.Ev]o
t -, ,J0
0
cd
CA
0
Q.)
a) '
A
0 00 00 0 VD 0 0 en 0 N 0 N 0 0 0
0 kr) N oe) N.0

-71- 0 ,--(
Cr,
N if)
71- tri
0
\o
00
,N
71-1' rri N ,
f
6'
0;
. ,,,-1- t--:."
,.,-;
in en
71" CA
N.
ir) N
oo
N
Current Fund
Statement of Expenditures - Regulatory Basis
6 6 0 0 0 0 0 0 C) 00 0 0 0 0 CO 0
0 0 0 0 0 0 .::::) 0 0 0 0 0 0 0 0
0 cD
6 kr; en kr; 4
c,
i 6 cS 6 cr; 6 00 e5 6 14 kei
+DO
1.)
0 0 -zzj v, a ,-izi
cn
<cr3
;.)
cl, a
V)
a.)
--,
O
C
t r?
'41.2 W .9. 6 W E ca3 41 c11-1 It W .E 6W
,.., --e,
.g
oo ucio ,,, cio uo go ou)o
The accompanying "Notes to FinancialStatements" are an integral part of these financial statements.
7t- (7;* kn
cl- Ch 00
N (-6 N
,
f m
N
c>
S cri
? 00
O
N
a,
f=1-1
00
kr)
6,
kr)
Ch
O
O
C;
r-1
(--1
co 4
to
kr) N
iVm")
' 71=
0 710 M
N'
+.0 47,
Cf
cr)
0 c.-)
0 0
kr)
a1
,--.1 0
4 6
oo CO
..c> kr)
N0
kr)
N
0
CD
00
0 o 0
0 00. 0
kr; --i 6
0 Cr, 0
N 0, 0
NN
Cr, ,--.
N., ,--r
Vy 00rn 00
0 0 0,
0 CD 0
kr) c5 6
0 kr) 0
N n c,
rei --I N
0 0 CD CD CD
CD CD 0 0 CD
4O
6
r C'
N 6
o kr)
Cr, %.0
co tr,
N ..0
kri N
Lf
--1 0
oo Cr,
N\ N
.71- 0
,--. N
C.
ellO
N
kr)
kn
6
,-+
oo
N
in
6
1
00
,2,,
elN
6
c.(-)
0
7i"
..0
N
kr1
v.,
00
cn
tn
0
0
6
0
\ .0
0.,
00
Cr)
6
N
N,
Cry
N
7iN
0
cn
c:,
Tr
N
C>0
Cr)
6
N
N
rn
N
CD
CD
6
0
c:,,,
-.
,...1
Year EndedDecember 31, 2012
Current Fund
+-I-
0000
0 0 0
0 0.
0 0 0 0 0
csi 6
4 6
6
(-,-; 6
co kr)
to
cn
kr)
,-I CZ)
C V;)
NN
N
ci, a,
kr)'71,---1 Cr)
000
0 (0 0
kr; 6 6
CD kr) CZ)
cvn, c)
Cr) ,r N\I
Cr) N
0
O e--1
N
kr)
6
,...1
00
,--1
Cr)
'7fC)
N
N
kr!,
00
MI
d00
N
re-1
6
6'
rri
N
0,
N.
'71Cr)
N
N
(0
0
6
0
0.
,--1
,-1
:1
OA
.1
O
a)
5
cc3
0
4
,r,-)
in
0
...
C
l-C1
.--i
O
71..,
a)
U
a)
Z) ,--:.,
E
a)
U
...
q
c..;
--L
'OvH
cl
cly
'4
OD
[4
a)
'.." -.
v)
(1) ;I-1
a.)
5:
.,
U
E
94,
0
a> U
i
,..
rn
cL)
cn
C.) c'3 Cil
T
.)
cn
i,
rn
a) -O
g
c, 8:78
I-4
(1)
cn
a)
2,-),
-7,5 a) 0 C) PO ,.), p,
()
'i Q
Oa g
0.
u
P..
-0
g
u
-c;
g
la' - g
c?
-.-1
:
-, ) $2 LI rC) 511 --'
-1
0I
ct
W
W 1 W
.- .
T., ;.., .., '-'
0
cL)
`/2) W ga)
''' LT.4
ai
ali) bi ci: cit
I)
,...-,. -....... `..-,"
a gi at.,),, fl
iat ,E
0 Ei .......,,a)
5:' Td 'S
-55, ri
al CI '9" '''..
4) -8 -5
-I
5 . IC)
.2
IC) 6u A' .7-1
.T9 cip 0 P-,
0
-5
5 c4 0 w '=-: .,-k'
4-,
w
w
w
ra-, v: 0 w
co
co
10
o v
oo
.5
.,.
c..0 .T.-, r..n 71-)' cA
O
cCS
00
rr;
00
43
a>
In4
0 '..0 kin
0 ,-1 ,1
(-,-; LO 00
,--, 0
NLe-) C) -1cn
,;
kr)
to
,--1
'-.0 O
',0 kr)
4 00
Len L.0
N 71"
N 0ce) N
N c)
710 0
C.\
N 0 0 0
N c,
0
d- kr)
12.' cr;
-.
`n
,--,
0 0
0 kr)
0 c*-c
N 1
.
'1-
kr)
kr)
--
0
U
''t
cd
4
0
(4
U9 .
-O r0 (19
0
U
Z
czt
0
T'd
CbT ci)
77) o--- CI)
'6)t4
7, cuP Tj 7, 1)
E-,
tu
0-. .-0 a) -zi "0 cu --.

7.
4I a" s-0
207.74 rg
02;4
4
a9". .6 LI; 6
.,72,
_4
- ".
eN
a) ,-.
6w
L4
=
.
o
,
CI)
1-1
1
'31. CA
Td -15
- I , bD
--' (-) . a .)
c,/,
0 4,-.
'-'
ed
ce)
0
0
0
cn 78
'-5
.
g ' ,,,,
t -5
0 ccs;
g4
0. z' cip -5
,.:i
.,.,
C/3
44 CZLC..
P-1
11
,
,rn
,c, u-,
00 kri
0 kr)
n., -71-.,
cri ,--4
a 0
a 0
rr) kr)
71- 00
Cr N
00 ,--1
0 0 0 0
(n
cf)
-0
N 0
..6 kn
N
0
0
0
kr)
00
0
0:
,,
(-,-)
N
.ds
rn
Crl ..ID
cr, kr,
S 71;
,-. N
,--1
tri
c). c)
,
6
kr)
r7)
00
N
trj
(5
M
cin Crl
q5
N kn
sso
rn
ci
01
N
-1-'
0
.
,
-71" 0
kr)
aN
(-4 ,,
,_z,
N kr)
cr) rr)
71-
,....4
0 0
0 0
er)
ct
N.,
cn
00 00 0 0 0
0 0 0 0
C:
CS CS
CS 0
kr)
.(::).
-1 0
in
n
cs, a)
a 0
\.. 0 m
\sp
N
'71,-1
VD
Board of Health
Current Fund
00 kr)
0 0 1
cri C5 exi
ci
0
174
Cl.t)
0 0 0O
0 00
0 0 0 C7:, 0
'7'. c
00 d0 vi
,--r kr)
aN 00 0 0
(r) N
in
00 N
0 kr)
kr)
re) kr)
N
oe
N ,
e
rn Cr,ci' c>
71-'
N
kr) 0 0
iris
0 -7t,, ,, rn
kr)
Fw
0 00 00
0 0 ,--+
rri a 0.6
Na a
kn., 0., 71,, --, rir)
k
0 CrT
6 c.,-
rn
,--, 00
,--1- ,--E
00 kr)
q)
00
0
kr)
kri
00 0
0 0 0 c)
6 0 6 N
00 kr)
0 0
:.., t-1 0 In
tr1(0'
%.15
,--1
oo N
cr)
0 0 0 a
0 C) 0 0
6 0
00 kr)
71- Cl
r. tn.'
C.:)
..
000
0 kr)
C:.
k.6
rn
71- 4r
en 71V') 1.--q
71"
'10t
0 .6 0
in 6 0
a;
in c3
C)
C;
M 00
kr-i
N
,--1
Cs) N a \ .71-
kr) (::
kri 0
m
4n
--,
to
cs, 0 .71- kr) N

cn
Lri ,--, 6 eci 6
00
6
kin
1 N (-0 00
71: C1
NM
0
,--i
S
00 0 14 '43 CS< N 71=
,---t ,-.1
N
N
00
rE
N
N
tri
00cr)d- 00
00 'Tr 0100 00h
0 Cr; 6 6
0>
o'N O.,
N41
d 0O
J0
00
NOS
cr 6 oi
tei
01 0 0 00 N re) 00
N
in N. 0\ ce) 00 kr) 7iI Lri
c:i
N tzlN
cS"
N
cn
0 0 0 C:b
0 0 0 0 0
00 0 0
0 0 0
0 0 0
0 6 0 0 0 0 6 6
OVl. 00 6 6 6 6 6 6 6
N cn 0 0 0 0 6 N vn c-n
kr-1 (NI
6 0., t-in kin
tr,
N
5
cU
Et)
N%.CNkind-
1+-1
0
Current Fund
CD CD 0 0
0 0 CD 0
0; 6 6 6
.0 6 6
v?
r"-- 00
0 On
0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0
N
O
N
0
6
cz)
00
6 4-1 6 6 6 6 6 6 c5 6 6 cS
cf.) 0 0 0
1-4
SO
v%
ten N
t-- .7t
000
000
tr) 0 CZ
ONNNO
N C cI kr) "I-
lon
cn
Ch
0.1
CN
71-
tf)
ye
s
-4-,
a)
ci
c.)
0
.7.
ct
v.)
0
.
CI
.,.
'-a)
"-:'
0-4
a.)
Ci]
W
N
N
sial
4
0 '7
'00711
. c,1
0 ir.,
00 .
0. U
.
a) '7
o
E
;
0
51
0 IS .4
.2 8
4E4
. E
,h 41)
..,
0
E4
cj
- p_r ,t1
,-Cm 0 ,.....,
-, 4
'2
C-.) ,,)
$.
0
0
cd
bp
r.: 5
A. 0
(.) to
=0
:4
0
t4
a)
4 r4:.14 Cil
CI
22
O
cu,
e..)
1-4
02
N .< 6 c4
cu
o o ci)
to .-.
,..
0
v)
f)
e
C/L
1)
C/)
04
''
t4
0
&
:
V] il I <
1
4 -10v-i
1 3 czt
IZLI
4,.
: : !c : 7
0
,1 1)
.L)
(.. cu
2
4 -)
0
c1 ) ;' L2
O 0
T <t.1)) .I 16
PI c) C-.)
-rd; -I , .C0
cs.)
' t .-tzt ;
l .:' -! 18
,l
P-1 .7C:
fl: I
,
7-`
-'--.
-45
1
)
'7)
NE ;Qg c) < E 4,) c)
O
t
-d. 4
,- ,, r, -o c..) g 14
0
c
,i
4.1
0 -0
cn .) ,,1 -,-,
rn .
-0 0 )4CL)
(1-.4.4 cct
o
--1
-9
0
,-,
cl
'8
'6
CL) -4, ,--,
1.0
..--,
"-'
4.1 P5- Z E-: [-.
0 ,--, 0, c/D (...)
P-1 P1 P-1
.1.1
-+ 421
-
12
M 00
4-4
bA
vi (-1
N 71M O
r-- O
N
O
71-
00
CA
+.0
CD
kr) Nz
co
CA 7r
CD
71'
71-
cn
CD
O Cr)
O 0)
'43 N
00
Cn CD
CD
CN
06
r- MCs)
c),
1,C1
CD
CT
71-
71-
00
Current Fund
N N
71:
N
00
N
00
0 0 cD 0 0 0 o
o co)
k.ri c5 cri 6 6 6
VD Cl CD M OO CD
'Tr V N N VD N CD
Cn-
N \c)
Tzt
Con
00
kr)
71-
71-
aT
0 co
kr;
N
in N
I
CT)
00
\0
CT
0 CD C:D
O C>
t^r)
ci
00
rj-
c) Cif o
4., 00 c) N
00
cr)
00
N
71:
00
CrN
N
\.6
Cr,
N
00
N
01
CD
-711'
CD CD CD O CD O CD
CD CD CD CD CD CD CD
4 kr; 6 c-,-; 6 CD 6
\lo CA CD con CD CD CD
CD
CT
CD
00
00
O
O
O
kri
0\
N
g
V
,
,, V,-,
, (5'
:'
rn 0
5:1.
O
-.1 w
0.1 0
0
f:). $at
c.) 0-'
0
'c'ip
Do
,
.."1
cl.) -i-k
2 ci)
I) ;-1 (L)
.47j 124 1)
4471' S24
I.)
0
I:4 Cn
..-.1
-41 4-'
-on al
a3
C8 'P;
a
-'
.- ,--, a.)
cd cn ,,,.)
-2 r c")
.4
,.t o
'' 6
:4)
S=1,4
H
w L) $=,.,
v '5
84, (-) 5 3.3 5
'0
4
311
Ci)
-6
cll E
''''
(I)
(I)
,..1
P.1 0
4S
' w ,-z
.2
CD
LT4
G
-21
4
E
8
..) 8
x
rP,
ri
'
f:LI 0 rz., Pi
rz- P.., ra.,
17](7) tOWC-)
ci)
.0 .2-13 4,
1
O
1. 2
13
=`
0
V
Cp
0 4.1
The accompanying "Notes to FinancialStatements" are an integral part of these financial statements.
ck;') 00
O
bA
7:1
ccS
CD
co 00 0 0 00
r Cl kr) 0
tr) rI a a c> c>
cri N 00 N 6 (-*-
0 01 71- 0 er)
0 (I)
000 47J- <,-.)
ckS
rao
kr-) r-r--
\45 rn
co 00 CD 0 co C> N
kr)
ci a a a a .
71-
cs,
6 6 6 6 4 c; c;
0 a a r-.1
a a 00
d-
r--
NCO
00 00 0 0 00 CD
M N 00 N cr)
0
n
00 7N 7- 0\ - c.r)
cr) N c\l
d M 06
111
00
kn"
ckn
Cr) C>
0,
M
tr)
6 6 6 6 4 6 6
a a 0
00
O kr) a kr) a a a
N 0 0
N
kC)
c-r)
kr;' N N kr) M 0 O 00
N d
M cf.) 0
cr
1-1
rn
71.
c7\ CN
\.0
0 0 0 0 co) 0
a a a a kr) c)
0
kr)
6 c5 6 6 4 6 6
0 a co) N
C>
CO
1-1
c-c)
O kr) a kel CZ) CD CZ) 0

(A N N kr;r-c
00
N
en rn
N
00
.71-`'
C::> kr, 0, 0 0
0 0 0 cD kr) 0 0
N N
kr). N. 0 .0 CD
. .CD. d- --I 0\ 0
00 0 0 0 0 0O
con.,
0
kr1
kri
c;
r--I
C> 0
c> a 0
0 a c) a kr) a a kr)
cn kr) no
rn
d-
00 CD M N 0\
,,c5% M N C\is
Current Fund
C;
CN C
rn
4'
c--.1 06 ri 6 k-,-;
t-- 0 eh
a 0
(In
kr!
N N
("In
C/]
a.)
va
a.)
''0 P4
'
4a-)
ra-,
.,-,
4,
a.)
rn
,o. 4
0 an
a) E
0.f)
a.)
c.)
PI-1
-71
a)
5
cd .4 a)
0
W
-,r
-
4.1 ,
k.,
a)
c..) ti} 0
0.)
,,,,,
4 5 61 4
,....0
=
cA
(L)
cl
.?..1 c
.,
I :=L-I
,,.., ,
0 ---,
12--i C...)
. a'
,.,a,
u
1.4.4
4-1
4:
.) 4, cd
,.)
-, =1
Q (2, s..,o c. ;,4
' -. 4-I a)
a) C.,
;-1 00
c. 0
a)
a 0 6"
0 ,-) -EL,-1 '

H
&in1.1
-1
'`i) 0
ci)
o
vi .1-I
C.) 1) CZ
"
;..i
.A
,--1
-'''' ,._ 6 ,4 _r:,

o o . s..4 ra.
S
-0
0 4
,--,
.
a)
52
rz-i
a.) ..d
c13 ci.,
7:i
44
v) >" Ti,
-0.'
'
"g
X
14
X
.p.,w.
0 P-1
- +.
on .5
1.1 4.4
EL'
V-1
4_, ;-) 1.) 4
0 0v 1.)
El
'5
la' 9 1-1-1 5=1., a) a) up
P-
c,)
-0 E 9 L)
Si'
0 c...) p - S3
c,1 .
4 +3 E
'.-4 15 E, 04.,0,..0 ,4_,
,._, =Ill ,--1
0 Ci..)
"ti 5
0
CI)
U.)
1)
,-... 0 p4
d P.; n'l --
(-9"
..... .--,
ci,
---, ,
a.) CU CD 0
E Zi
cfd',g
crlo
'Ie o
()
'ce
4.5 4
4
c-1
,3 ,-, 0 o 0 0 r
.,,
,
, k.-,
EifiaE-121cno
C...)cdu'L"'-'12-
RI
0 rt:J
,....,
CD
7171:
00
00
N
O
O
CD CD CD CD CD 00 00
CD CN CD CD (D rn CA
kr;
CE,
--I 00 00 r- CD N N
CA NQ Lin rn CD
(-4 00"
kn`
CA CD
r-
Modification
N
7,4
O O
cr O
00
N
N 00 rn
iri
rn
O
O
O
O
kr)
kr)
O
kr1 O
CD 01 CD CD CD rn N
Q-; triC; 6
oo 00 r- a r- N
cl CA CN
ten on O
cI'
00 kr)"
-71-tri
LO N
CA CD N
O rn O
CT O.
kr)
O 00 er)
N O
krc
00
N c- cr,
71-
en
kr)
CD CN CD CD CD on CSI
(j
O
O
O
tri kr; 6 6
00 00 N CD N
N (NI
71-4'
kr)
Le) m O
N 00
kr)
CA CD
1-1
O Cr)
(7:
k.r)
cr.)
N
N
O cr,
.6
00
N O
N
1-1
GO
00 N
N
r"-"-
kri
1--I
(-1 (-1
El)
P4
.<
4:3
-ct
a)
14
E
o
'
7
1
1 T
)I
X
3 -zi CI,
4 PI.
x ..._., .0
Cri (.3 ,-1
'
09
V- V-4
cl.)
1.) 0
U0
c) -1 (1)
FiD
g :C9 , 4-1 b.0 Cn

0 k
7:1
N
00
LT4
I
"
,--1
#
C4 CI
o
a-1
-d
a)
^0
0 .
0 cu
...
t.)
4-
E
o
,g
o
=.
..- '7;'
rA 0.
1.)
a) 17'
;.. ..) "ti
Interest on Bonds
Current Fund
1-1
C.)
.--1
''
C1
1 ,,i
1.-....,
;..., I.)
0. ,:,
. t--I
,
4.,
,, , 6-''
-,
0
71-
E-1 ,-1
CCj
'Ii4
0 - . ,-i
;A
vi
0
4
Eii al
CI,
P.
a) blq C.) '-- _..,,
8
0
(t)
to
bf ) i-1 (..) -0 E --4.
"a4
s,
-.,
z -, 1-4 CA
Cd
PLI
C
2
,i) 0
-8
"E
')
cu
C..) ,-c) C..) 7:1 - ,)
0g
-0
a.)
a)
ef-
a)
a)
c',0
v c..) c.)
, u -"7 )
c) a) -8 (... p., 7t a) CD
)
W ..'-'
" 40
i ,;
m44
7-4 c.) c) a),2,
' -ci
a
-., -8 --' 8
z u
F
cl) .....1
) 0 ( -) 0 a) 0
C
LI 121 0 t
H IC1 2
H W H - C/D 1:4 EH
13:1
up-c,
-0 -0
,.,
) g.4
gi
'-'
0 Cl.
-0 04
'.-
N
N
00
00
O
O
(z) kr) DO O d Nc:N

oo 7 ct1-t-)
cn
m
!:), ce)
O N r-- cn eN
71c7' '711'
es
<zt- 71- kr) cc
P-1 c)
Current Fund
kr)
CA
,W
O
N
;-1
(4-4
71-
rn
en
a)
-6
a)
cd
$-
11.)
C...
'4-4
cd
a.)
cl.)
a.)
8 8
c.)
g 7i -,a),
"Fil
qtA 4
R., ,__,
c+-,
0 c,,
cn (L)
-,
>
A ti.5
-.,4 a3
cil cri ;-.1
I.) -1 ,S
-)
by
un ci)
c ci.) 4_,
,4 0
,r,, 0 V
o
(..,
,- ri) -c,
.,
-0 0
121
0.)
971
E _,1.)
,.. z.) ..)
,,, ,_. ,4_, u .
41.), C73 u (1)

0
C...) C/) (:) c4 a4
C
16
B
Trust Funds
December 31,
Ref
2012
2011
Assets
Animal Control Trust Fund:
Cash- Treasurer
Deficit in Dog Fund Expenditures
Other Trust Funds:

Cash
Interfirnd Current Fund
Interfimd General Capital
B-1
B-5
B-1
B-2
B-3
140.79
40.81
181.60
1,172.53
1,320,222.61
137,861.64
36,321.57
1,494,405.82
1,306,471.28
52,659.01
36,321.57
1,395,451.86
1,494,587.42
1,396,624.39
180.40
180.40
992.13
1,172.53
Liabilities, Reserves & Fund Balance

Animal Control Trust Fund:
Interfund Current Fund
Reserve for Dog Fund Expenditures
Due to State Department of Health
Other Trust Fund:

Other Trust Funds
B-4
B-5
B-7
B-6
1.20
181.60
1,172.53
1,494,405.82
1,494,405.82
1,395,451.86
1,395,451.86
1,494,587.42
1,396,624.39
17
C
General Capital Fund
December 31,
Ref.
2012
2011
Assets
Cash
Interfund Receivable:
Current Fund
Due From Hackettstown
Deferred Charges to Future Taxation
Funded
Unfunded
C-2;C-3
226,501.88
78,431.96
C-4
C-6
353,221.21
14,867.54
165,096.65
14,867.54
C-7
C-8
2,313,500.00
285,072.35
3,193,162.98
2,611,000.00
320,572.35
3,189,968.50
C-5
C-9
36,321.57
182,292.13
36,321.57
75,292.13
138,066.75
72.35
285,000.00
237,613.19
2,291,000.00
22,500.00
296.99
3,193,162.98
29,273.08
67,796.10
285,000.00
84,988.63
2,566,000.00
45,000.00
296.99
3,189,968.50
Liabilities, Reserves and Fund Balance

Interfund -Other Trust Fund
Capital Improvement Fund
Improvement Authorizations:
Funded
Unfunded
Bond Anticipation Notes Payable
Various Reserves
General Serial Bonds
N.J. Economic Resources Loan Payable
Fund Balance
C-10
C-10
C-11
C-12
C-13
C-14
C-1
Footnote C: There were Bonds and Notes Authorized But Not Issued on December 31, 2012
in the amount of $72.35 per Exhibit C-15.
18
C4
Schedule of Fund Balance - Regulatory Basis
Ref.
Balance - December 31, 2011
296.99
296.99
19
D
Township of Mansfield, NJ
Comparative Statement of General Fixed Assets - Regulatory Basis
December 31,
(Unaudited)
2012
General Fixed Assets
Land / Land Improvements
Buildings
Machinery and Equipment
(Including Vehicles)
InVestment in General Fixed Assets
2011
5,668,100.00
3,558,280.00
1,596,777.00
2,246,612.17
7,264,877.00
5,804,892.17
7,264,877.00
5,804,892.17
20
TOWNSHIP OF MANSFIELD, N. J.
YEARS ENDED DECEMBER 31, 2012 AND 2011
NOTE 1: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The Governmental Accounting Standards Board (GASB) is the accepted standard-setting body for
establishing governmental accounting and financial reporting principles. The GASB Codification
establishes seven fund types and two account groups to be used by governmental units when reporting
financial position and results of operations in accordance with accounting principles generally accepted
in the United States of America (GAAP).
The financial statements of the Township of Mansfield have been prepared in conformity with
accounting principles and practices prescribed by the Division of Local Government Services,
Department of Community Affairs, State of New Jersey (the "Division") which is an other
comprehensive basis of accounting other than accounting principles generally accepted in the United
States of America. Such principles and practices are designed primarily for deteiniining compliance with
legal provisions and budgetary restrictions and as a means of reporting on the stewardship of public
officials with respect to public funds. Under this method of accounting, the Township accounts for it
financial transactions through the following separate funds which differ from the fund structure required
by GAAP.
A. Reporting Entity
The Township of Mansfield (the "Township") operates under a Township Committee form of
government. The Township's major operations include public safety, road repair and maintenance,
sanitation, fire protection, recreation and parks, health services, and general administrative services.
GASB has issued Statement No. 14 which requires the financial reporting entity to include both the
primary government and those component units for which the primary government is fmancially
accountable. Financial accountability is defined as appointment of a voting majority of the component
unit's board, and either a) the ability to impose will by the primary government, orb) the possibility that
the component unit will provide a financial benefit to or impose a financial burden on the primary
government.
However, the municipalities in the State o fNew Jersey do not prepare financial statements in accordance
with GAAP and thus do not comply with all of the GASB pronouncements. The financial statements
contained herein include only tho se boards, bodies, officers or commissions as required by NJS 40A:5-5.
Accordingly, the financial statements of the Township do not include the Volunteer Fire Department and
the First Aid Squad which are considered component units under GAAP. Complete financial statements
of the above components can be obtained by contacting the Treasurer of the respective entity.
21
CONTINUED
NOTE 1: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

B. Basis of Accounting
The Township uses funds, as required by the Division, to report on its financial position and the results
of its operations. Fund accounting is designed to demonstrate legal compliance and to aid financial
administration by segregating transactions related to certain Township functions or activities. An
account group, on the other hand, is designed to provide accountability for certain assets and liabilities
that are not recorded in those Funds.
The Township has the following funds and account groups:
Current Fund - This fund accounts for resources and expenditures for governmental operations of a
general nature, including Federal and State grants.
Trust Funds - Trust Funds are used to account for assets held by the government in a trustee capacity.
Funds held by the Township as an agent for individual, private organizations, or other governments are
recorded in the Trust Funds.
Other Trust Fund - This fund is established to account for the assets and resources which are also
held by the Township as a trustee or agent for individuals, private organizations, other governments
and/or other funds.
Animal Control Trust Fund - This fund is used to account for fees collected from dog licenses and
expenditures which are regulated by NJS 4:19-15.11.
General Capital Fund - This fund is used to account for the receipt and disbursement of funds used for
acquisition or improvement of general capital facilities, other than those acquired in the Current Fund.
General Fixed Assets Account Group - To account for all fixed assets of the Township. The Township's
infrastructure is not reported in the group.
A modified accrual basis of accounting is followed by the Township of Mansfield. Under this method
of accounting revenues, except State/Federal Aid, are recognized when received and expenditure are
recorded, when incurred. The accounting principles and practices prescribed for municipalities by the
Division differ in certain respects from accounting principles generally accepted in the United States of
America (GAAP) applicable to local government units. The more significant differences are as follows:
22
CONTINUED
B. Basis of Accounting (continued)
Property Tax Revenues - Real property taxes are assessed locally, based upon the assessed value of the
property. The tax bill includes a levy for Municipal, County, Open Space and School purposes. The bills
are mailed annually in June for that calendar year's levy. Taxes are payable in four quarterly installments
cm February 1, May 1, August 1, and November 1. The amounts of the first and second installments are
determined as one quarter of the total tax levied against the property for the preceding year. The installment
due the third and fourth quarters is determined by taking the current year levy less the amount previously
charged for the first and second installments, with the remainder being divided equally. If unpaid on these
dates, the amount due becomes delinquent and subject to interest at 8% per annum, or 18% on any
delinquency amount in excess of $1,500. The school levy is turned over to the Board of Education as
expenditures are incurred, and the balance, if any, must be transferred as of June 30, of each fiscal year.
County taxes are paid quarterly on February 15, May 15, August 15 and November 15, to the County by the
Township. Open Space is paid quarterly to Township Other Trust Funds, February 15, May 15, August 15
and November 15. When unpaid taxes or any municipal lien, or part thereof, on real property, remains in
arrears on November 11 in the current year, the collector in the municipality shall subject to the provisions
of the New Jersey Statutes enforce the lien by placing the property on a tax sale. Annual in rem tax
foreclosure proceedings are instituted to enforce the tax collection or acquisition of title to the property by
the Township. In accordance with the accounting principles prescribed by the State of New Jersey, current
and delinquent taxes are realized as revenue when collected. Since delinquent taxes and liens are fully
reserved, no provision has been made to estimate that portion of the taxes receivable and tax title liens that
are uncollectible. GAAP requires tax revenues to be recognized in the accounting period when they become
susceptible to accrual, reduced by an allowance for doubtful accounts.
Miscellaneous Revenues - Miscellaneous revenues are recognized on a cash basis. Receivables for the
miscellaneous items that are susceptible to accrual are recorded with offsetting reserves on the balance
sheet of the Township's Current Fund. GAAP requires such revenues to be recognized in the accounting
period when they become susceptible to accrual.
Grant Revenues - Federal and State grants, entitlements or shared revenues received for purposes
normally financed through the Current Fund are recognized when anticipated in the Township's budget.
GAAP requires such revenues to be recognized in the accounting period when they become susceptible
to accrual.
Budgets and Budgetary Accounting
An annual budget is required to be adopted and integrated into the accounting system to provide
budgetary control over revenues and expenditures for the current fund. Budget amounts presented in
the accompanying financial statements represent amounts adopted by the Township and approved by the
State Division of Local Government Services per N.J.S.A. 40-A:4 et seq.
23
CONTINUED

The Township is not required to adopt budgets for the following funds:
Trust Fund
The governing body shall introduce and approve the annual budget not later than February 10, of the
fiscal year. The budget shall be adopted not later than March 20, and prior to adoption must be certified
by the Division of Local Government Services, Department of Community Affairs, State of New Jersey.
The Director of the Division of Local Government Services, with the approval of the Local Finance
Board may extend the introduction and approval and adoption dates of the municipal budget. The
budget is prepared by fund, function, activity and line item (salary or other expense) and includes
information on the previous year. The legal level of control for appropriations is exercised at the
individual line item level for all operating budgets adopted. Emergency appropriations, those made after
the adoption of the budget and determination of the tax rate, may be authorized by the governing body
of the municipality. During the last two months of the fiscal year, the governing body may, by a 2/3 vote,
amend the budget through line item transfers. Management has no authority to amend the budget
without the approval of the Governing Body. Expenditures may not legally exceed budgeted
appropriations at the line item level. During 2012, the Township Committee increased the original
current fund budget by $30,877.40 for additional special items of revenue. In addition, several budget
transfers were approved by the governing body.
Expenditures - Are recorded on the "budgetary" basis of accounting. Generally, expenditures are
recorded when an amount is encumbered for goods or services through the issuance of a purchase order
in conjunction with an encumbrance accounting system. Outstanding encumbrances at December 31,
are reported as a cash liability in the financial statements. Unexpended or uncommitted appropriations,
at December 31, are reported as expenditures through the establishment of appropriations reserves unless
canceled by the governing body. GAAP requires expenditures to be recognized in the accounting period
in which the fund liability is incurred, if measurable, except for unmatured interest on general long-term
debt, which should be recognized when due.
Encumbrances - Contractual orders outstanding at December 31, are reported as expenditures through
the establishment of an encumbrance payable. Encumbrances do not constitute expenditures under
GAAP.
Appropriation Reserves - Are available, until lapsed at the close of the succeeding year, to meet specific
claims, commitments or contracts incurred during the preceding year. Lapsed appropriation reserves are
recorded as additions to income. Appropriation reserves do not exist under GAAP.
24
CONTINUED
Compensated Absences - Expenditures relating to obligations for unused vested accumulated vacation
and sick pay are not recorded until paid. GAAP requires that the amount that would normally be
liquidated with expendable available financial resources be recorded as an expenditure in the operating
funds and the remaining obligations be recorded as a long-term obligation.
Property Acquired for Taxes - Is recorded in the Current Fund at the assessed valuation when such
property was acquired and fully reserved. GAAP requires such property to be recorded in the General
Fixed Assets Account Group at market value on the date of acquisition.
Interfunds - Interfund receivables in the Current Fund are recorded with offsetting reserves which are
created by charges to operations. Income is recognized in the year the receivables are liquidated.
Interfund receivables in the other funds are not offset by reserves. GAAP does not require the
establishment of an offsetting reserve.
Inventories - The costs of inventories of supplies for all funds are recorded as expenditures at the time
individual items are purchased_ The costs of inventories are not included on the various balance sheets.
Deferred Charges to Future Taxation Funded and Unfunded - Upon the authorization of capital projects,
the Township establishes deferred charges for the costs of the capital projects to be raised by future
taxation. Funded deferred charges relate to permanent debt issued, whereas unfunded deferred charges
relate to temporary or non-funding of the authorized cost of capital projects. According to N.J.S.A.
40A:2-4, the Township may levy taxes on all taxable property within the local unit to repay the debt.
Annually, the Township raises the debt requirements for that particular year in the current budget. As
the funds are raised by taxation, the deferred charges are reduced.
Cash and Invests Tents - Cash includes amounts in demand deposits as well as short-term investments
with a maturity date within one year of the date acquired by the government. Investments are stated at
fair value and are limited by NJSA 40A:5-15.1(a).
General Fixed Assets - The Township of Mansfield has developed a fixed asset accounting and reporting
system, as promulgated by the Division of Local Government Services, which differs from generally
accepted accounting principles. The Township has developed a fixed asset accounting reporting system.
Fixed assets used in Governmental operations (general fixed assets) are accounted for in the General
Fixed Assets Account Group. Public domain (infrastructure) general fixed assets consisting of certain
improvements other than buildings, such as road, bridges, curbs and gutters, streets, sidewalks and
drainage systems are not capitalized.
25
CONTINUED
All fixed assets are valued at historical cost or estimated historical cost if actual historical cost is not
available.
No depreciation has been provided for in the financial statements.
Expenditures for construction in progress are recorded in the Capital funds until such time as the
construction is completed and put into operation.
Fixed assets acquired through grants in aid or contributed capital have not been accounted for separately.
GAAP requires that all fixed assets be capitalized at historical cost or estimated historical cost if actual
historical cost is not available.
Comparative Data - Comparative data for the prior year has been presented in the accompanying balance
sheets and statements of operations in order to provide an understanding of changes in the Township's
financial position and operations. However, comparative data have not been presented in all statements
because their inclusion would make certain statements unduly complex and difficult to understand.
Use of Estimates - The preparation of financial statements requires management of the Township to
make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure
of contingent assets and liabilities at the date of the financial statements and the reported amounts of
revenues and expenses during the reporting period. Accordingly, actual results could differ from those
estimates.
C. Basic Financial Statements
The GASB Codification also defines the financial statements of a governmental unit to be presented in
the general purpose financial statements of a government unit to be in accordance with GAAP. The
Township presents the financial statements listed in the table of contents which are required by the
Division and which differ from the financial statements required by GAAP. In addition, the Division
requires the financial statements listed in the table of contents to be referenced to the supplementary
schedules. This practice differs from GAAP.
26
CONTINUED
NOTE 2: BUDGETARY INFORMATION
Under New Jersey State Statues, the annual budget is required to be a balanced cash basis document.
To accomplish this, the municipality is required to establish a reserve for uncollected taxes. The 2012
statutory budget included a reserve for uncollected taxes in the amount of $498,035.00. To balance the
budget, the municipality is required to show a budgeted fund balance. The amount of fund balance
budgeted to balance the 2012 statutory budget was $212,000.00.
Inter depailment budget transfers are not permitted prior to November 1. After November 1, budget
transfers can be made in the form of a resolution and approved by the Township Committee.
N.J.S.A. 40A:4-87 permits special items of revenue and appropriations to be inserted into the annual
budget when the item has been made available by any public or private funding source and the item was
not determined at the time of budget adoption. During 2012, funding in the amount of $30,877.40 was
inserted into the budget for Recycling Tonnage, Click-it or Ticket, County of Warren - D.A.R.E., Drive
Sober or Get Pulled Over, Drunk Driving Enforcement Fund and Body Armor.
The municipality may make emergency appropriations, after the adoption of the budget, for a purpose
which was not foreseen at the time the budget was adopted or for which adequate provision was not
made therein. This type of appropriation shall be made to meet a pressing need for public expenditure
to protect or promote the public health, safety, morals or welfare or to provide temporary housing or
public assistance prior to the next succeeding fiscal year. Emergency appropriations, except those
classified as a special emergency, must be raised in the budgets of the succeeding year. Special
emergency appropriations are permitted to be raised in the budgets of the succeeding three or five years.
During 2012, there were no emergency authorizations.
NOTE 3: DEFERRED CHARGES TO BE RAISED IN SUCCEEDING BUDGETS

Certain expenditures are required to be deferred to budgets of succeeding years. At December 31, 2012
the following deferred charges are shown on the balance sheets of the various funds:
Balance
Over-expenditure of Appropriation Reserves
Deficit Animal Control Fund
2013 Budget
Balance to
Dec. 31, 2012
Appropriation
Succeeding Budgets
$1,053.50
40.81
$1,053.50
40.81
$1,094.31
$1,094.31
27
CONTINUED
NOTE 4: GENERAL FIXED ASSETS (UNAUDITED)

The following
schedule is a summarization of the changes in general fixed assets for the calendar year
ended December 31, 2012.
Land/Land Improvements
& Buildings
Equipment, Furniture
& Vehicles
Balance
as of
12/31/11
Adjustments (1)
Balance
as of
12/31/12
$3,558,280.00
$2,109,820.00
$5,668,100.00
2,246,612.17
(649,835.17)
$5,804,892.17
$1,459,984.83
1,596,777.00
$7,264,877.00
(1) Fixed Assets Inventory Company was hired in 2012
NOTE 5: MUNICIPAL DEBT

Long-term debt as of December 31, 2012 consisted of the following:
Balance
Dec. 31, 2011
Bonds Payable General Obligation Debt
New Jersey Economic Resources
Loan
Other Liabilities Compensated Absences Payable
Reductions
Balance
Dec. 31, 2012
Amounts Due
Within
One Year
$2,566,000.00
$275,000.00
$2,291,000.00
$196,000.00
45,000.00
22,500.00
22,500.00
22,500.00
406,132.35
121,626.89
284,505.46
$3,017,132.35
$419,126.89
$2,598,005.46
$218,500.00
The Local Bond Law governs the issuance of bonds and notes to finance capital expenditures. General
obligation bonds have been issued for the general capital fund. All bonds are retired in serial
installments within the statutory period of usefulness. Bonds issued by the Township are general
obligation bonds, backed by full faith and credit of the Township. Bond anticipation notes, which are
issued to temporarily finance capital projects, must be paid off within ten years and five months or
retired by the issuance of bonds.
28
CONTINUED
NOTE 5: MUNICIPAL DEBT (CONTINUED)
The Township's debt is summarized as follows:
Year 2012
Year 2011
Year 2010
$2,598,500.00
$2,896,000.00
$3,189,500.00
72.35
35,572.35
93,469.60
$2,598,572.35
$2,931,572.35
$3,282,969.60
Issued
General Capital Fund:
Bonds, Loans and Notes
Authorized But Not Issued
Bonds and Notes
Net Bonds & Notes Issued &
Authorized But Not Issued
SUMMARY OF STATUTORY DEBT CONDITION - ANNUAL DEBT STATEMENTS

The summarized statement of debt condition which follows is prepared in accordance with the required
method of setting up the Annual Debt Statement and indicates a statutory net debt of .33%.
Local School District Debt

Regional High School
General Debt
Gross Debt
Deductions
$ 1,195,000.00
7,268,327.00
2,598,572.35
$1,195,000.00
7,268,327.00
$11,061,899.35
$8,463,327.00
Net Debt
$
2,598,572.35
$2,598,572.35
Net Debt $2,598,572.35 divided by average equalized valuation basis per N.J.S.A. 40A:2-2 as amended,
776,657,830.00 = .33%.
SUMMARY OF EQUALIZED VALUATIONS
2012
2011
2010
776,657,830.00
834,213,143.00
902,727,191.00
29
CONTINUED
BORROWING POWER UNDER N.J.S.A. 40A:2-6 AS AMENDED
3 1/2% of Average Equalized Valuation Basis
Net Debt
27,183,024.05
2,598,572.35
Remaining Borrowing Power
24,584,451.70
The foregoing debt information is in agreement with the Annual Debt Statement filed by the Chief
Financial Officer.
Analysis of long-term debt as of December 31, 2012 consisted of the following:
Outstanding bonds and loans whose principal and interest are paid from the Current Fund Budget of the
Township:
$450,000.00 General Improvement Loan, State ofNew Jersey, Economic Development Authority, dated
8/15/1994 payable in annual installments through 8/15/2013. Interest is paid semi-annually at a rate of
1.50% per annum. The balance remaining as of December 31, 2012 was $22,500.00.
$1,481,000.00 General Improvement Bond dated 12/1/2001 payable in annual installments through
9/1/2021. Interest is paid semi-annually at a rate of 5.20% per annum. The balance remaining as of
December 31, 2012, was $901,000.00.
$2,284,000.00 General Improvement Bond dated 9/1/2003 payable in annual installments through
9/1/2026. Interest is paid semi-annually at a rate of 4.375% per annum. The balance remaining as of
December 31, 2012, was $1,280,000.00.
$610,000.00 General Obligation Refunding Bond dated 9/1/2003 payable in annual installments
through 9/1/2014. Interest is paid semi-annually at a rate of 3.875% per annum. The balance remaining
as of December 31, 2012, was $110,000.00.
Total General Capital Bonds and Loans listed above
30
$2,313,500.00
CONTINUED

SCHEDULE OF ANNUAL DEBT SERVICE FOR PRINCIPAL AND INTEREST FOR BONDED
DEBT AND LOANS ISSUED AND OUTSTANDING
Calendar
Year
Principal
General
Interest
Total
2013
2014
2015
2016
2017
2018-2022
2023-2026
$ 218,500.00
241,000.00
186,000.00
191,000.00
191,000.00
891,000.00
395,000.00
$107,452.00
98,270.02
87,126.76
78,114.76
68,884.00
203,134.80
42,875.04
$ 325,952.00
339,270.02
273,126.76
269,114.76
259,884.00
1,094,134.80
437,875.04
Total Debt
$2,311500.00
$685,857.38
$2,999,357.38
NOTE 6: BOND ANTICIPATION NOTES

The following activity related to bond anticipation notes occurred during the calendar year ended
December 31, 2012.
Balance
Balance
12/31/11
Additions
Reductions
12/31/12
285,000.00
285,000.00
285,000.00
285,000.00
TBGC Investment Group
The Township issues bond anticipation notes to temporarily fund various capital projects prior to the
issuance of serial bonds. The term of the notes cannot exceed one year but the notes may be renewed
from time to time for a period not exceeding one year. Generally, such notes must be paid no later than
the first day of the fifth month following the close of the tenth fiscal year following the date of the
original notes. The State of New Jersey also prescribes that on or before the third anniversary date of
the original note a payment of an amount at least equal to the first legally payable installment of the
bonds in anticipation of which such notes were issued to be paid or retired. A second and third legal
installment must be paid if the notes are to be renewed beyond the fourth and fifth anniversary date of
the original issuance. A legal installment is not required after the fifth anniversary date.
31
CONTINUED
NOTE 6: BOND ANTICIPATION NOTES (CONTINUED)
The Township has outstanding at December 31, 2012, a bond anticipation note in the amount of
$285,000.00 payable to TBGC Investment Group. This note matured on 5/23/13 and it is the intent
of the Township Committee to renew this note for another one year period. The current interest rate
on this note is 1.03%. The Township renewed this note on May 23, 2012 payable to TBGC
Investment Group with an interest rate of .99%. Principal and interest on this note is paid from the
Current Fund budget of the Township.
NOTE 7: DUE TO/FROM OTHER FUNDS

Balances due to/from other funds at December 31, 2012 consist of the following:
$30,738.78
Due to Federal and State Grant Fund from Current Fund for Federal and
State Grants received and disbursed by the Current Fund.
180.40
Due to Current Fund from Animal Control Trust Fund for various receipts
and disbursements made in Current Fund for Animal Control Trust Fund.
353,221.21
Due to General Capital Fund from Current Fund for various receipts and
disbursements made in General Capital Fund for Current Fund
137,861.64
Due to Other Trust Fund from Current Fund for various receipts and
disbursements made in Current Fund for Other Trust Fund.
36,321.57
Due to Other Trust Fund from General Capital Fund for various receipts and
disbursements made from Other Trust Fund for General Capital Fund.
$558,323.60
It is anticipated that all interfunds will be liquidated during the calendar year.
NOTE 8: FUND BALANCES APPROPRIATED

Fund balances at December 31, 2012, which were appropriated and included as anticipated revenue in
their own respective funds for the year ending December 31, 2013, per the adopted budget, was as
follows:
Current Fund
$70,000.00
32
CONTINUED
NOTE 9: PENSION PLANS
Description of Systems:
Substantially all of the Township's employees participate in one of the following contributory defined
benefit public employee retirement systems which have been established by State statute: the Police and
Firemens' Retirement System (PFRS) or the Public Employees' Retirement System (PERS). These
systems are sponsored and administered by the State ofNcw Jersey. The Public Employees' Retirement
System and the Police and Firemens' Retirement System (PFRS) are considered a cost sharing multipleemployer plans. According to the State of New Jersey Administrative Code, all obligations of the
systems will be assumed by the State of New Jersey should the systems terminate.
Public Employees' Retirement System (PERS)
The Public Employees' Retirement System was established in January, 1955 under the provisions of
N.J.S A. 43:15A to provide coverage including post-retirement health care to certain qualified members.
Membership is mandatory for substantially all full time employees of the State or any county,
municipality, school district or public agency provided the employee is not required to be a member of
another State-administered retirement system. Vesting occurs after 8-10 years of service and 25 years
for health care coverage. Members are eligible for retirement at age 60 with an annual benefit generally
determined to be 1/55th of the average annual compensation for the highest three fiscal years'
compensation for each year of membership during years of creditable service. Early retirement is
available to those under age 60 with 25 or more years of credited service. Members are always fully
vested for their own contributions and, after three years of service credit, become vested for 2% of
related interest earned on contributions. In case of death before retirement, members' beneficiaries are
entitled to full interest credited to the members' accounts.
Chapter 103, P.L. 2007 amended the early retirement reduction formula for members hired on or after
July 1, 2007 and retiring with 25 years of service to be reduced by 1% for every year between age 55 and
60, plus 3% for every year under age 55.
Chapter 89, P.L. 2008 increased the PERS eligibility age for unreduced benefits from age 60 to age 62
for members hired on or after November 1, 2008; increased the minimum annual compensation required
for membership eligibility for new members. Also, it amended the early retirement reduction formula
for members hired on or after November 1, 2008 and retiring with 25 years of service to be reduced by
1% for every year between age 55 and 62, plus 3% for every year under age 55.
Chapter 1, P.L. 2010, effective May 21, 2010, changed the membership eligibility criteria for new
members of PERS from the amount of compensation to the number of hours worked weekly. Also, it
returned the benefit multiplier for new members of PERS to 1/60 from 1/55, and it provided that new
members of PERS have the retirement allowance calculated using the average annual compensation for
the last five years of service instead of the last three years of service. New members of PERS will no
33
CONTINUED
NOTE 9: PENSION PLANS (CONTINUED)
Description of Systems, (continued)
longer receive pension service credit from more than one employer. Pension service credit will be
earned for the highest paid position only. This law also closed the Prosecutors Part of the PERS to new
members and repealed the law for new members that provided a non-forfeitable right to receive a
pension based on the laws of the retirement system in place at the time 5 years of pension service credit
is attained. The law also requires the State to make its full pension contribution, defined as 1/7th of the
required amount, beginning in fiscal year 2012.
Chapter 3, P.L. 2010, effective May 21, 2010, replaced the accidental and ordinary disability retirement
for new members of PERS with disability insurance coverage similar to that provided by the State to
individuals enrolled in the State's Defined Contribution Retirement Program.
Chapter 78, P.L. 2011, provides that new members of PERS hired on or after June 28, 2011 (Tier 5
members) will need 30 years of creditable service and age 65 for receipt of the early retirement benefit
without a reduction of 1/4 of 1% for each month that the member is under age 65. Tier 5 members will
be eligible for a service retirement benefit at age 65.
Police and Firemens' Retirement System (PFRS)
The Police and Firernens' Retirement System was established in July 1944 under the provisions of
N.J.S.A. 43:16A to provide retirement, death and disability benefits to its members. Membership is
mandatory for all full time county and municipal police and firemen, and state firemen or officer
employees with police powers appointed after June 30, 1944.
Enrolled members of the Police and Firemens' Retirement System may retire at age 55 with no minimum
service requirement. The annual allowance is equal to 2% of the members' final compensation for each
year of service up to 30 years, plus 1% of each year of creditable service over 30 years. Final
compensation equals the compensation for the final year of service prior to retirement. Special
retirement is permitted to members who have 25 or more years of creditable service in the system.
Benefits fully vest on reaching 10 years of service. Members are always fully vested for their own
contributions. In the case of death before retirement, members' beneficiaries are entitled to full payment
of members' contributions.
Chapter 1, P.L. 2010, effective May 21, 2010, (Tier 2 employees) eliminated the provision in PFRS that
would permit a member to retire, at any age after 25 years of service credit, on a special retirement
allowance of 70% of final compensation after the retirement system reaches a funded level of 104%.
34
CONTINUED

Description of Systems, (continued)
Police and Firemens ' Retirement System (PFRS) (continued)
Also, for new members of PERS, the law capped the maximum compensation that can be used to
calculate a pension from the plan at the annual wage contribution base for Social Security, and requires
the pension to be calculated using a three year average annual compensation instead of the last year's
salary.
The State of New Jersey, Department ofthe Treasury, Division of Pensions and Benefits, issues publicly
available financial reports that include the financial statements and required supplementary information
for PERS and PFRS. The financial reports may be obtained by writing to the State of New Jersey,
Della" intent of the Treasury, Divisions of Pensions and Benefits, P.O. Box 295, Trenton, NJ 08625-0295.
Contribution Requirements
The contribution policy is set by laws of the State of New Jersey and, in most retirement systems,
contributions are required by active members and contributing employers. Plan member and employer
contributions may be amended by State of New Jersey legislation. The pension funds provide for
employee contributions based on 5.5% for PERS. This amount will increase to 6.5% plus an additional
1% phased in over 7 years beginning 2012 and 8.5% for PFRS, which increased to 10% in October 2011,
of the employee's annual compensation, as defined by law. Employers are required to contribute at an
actuarially determined rate in all Funds except the SACT. The actuarially determined employer
contribution includes funding for cost-of-living adjustments and noncontributory death benefits in the
PERS and PFRS. In the PERS and PFRS, the employer contribution includes funding for postretirement medical premiums.
The Township's contribution to the various plans, equal to the required contributions for each year, were
as follows:
Year Ended
December 31,
PERS
PFRS
2012
2011
2010
$102,464.00
99,008.00
83,391.00
$253,733.00
315,754.00
257,379.00
35
CONTINUED
Defined Contribution. Retirement Program
The Defined Contribution Retirement Program (DCRP) was established on July 1, 2007 for certain
public employees under the provisions of Chapter 92, P.L. 2007 and Chapter 103, P.L. 2007. The
program provides eligible members, with a minimum base salary of $1,500.00 or more, with a taxsheltered, defined contribution retirement benefit, in addition to life insurance and disability coverage.
The DCRP is jointly administered by the Division of Pensions and Benefits and. Prudential Financial.
Ifthe eligible elected or appointed official will earn less than $5,000.00 annually, the official may choose
to waiver participation in the DCRP for that office or position. The waiver is irrevocable.
This retirement program is a new pension system where the value of the pension is based on the amount
of the contribution made by the employee, employer and through investment earnings. It is similar to
a Deferred Compensation Program where the employee has a portion of tax deferred salary placed into
an account that the employee manages through investment option provided by the employer.
The law requires that three classes of employees enroll in the DCRP detailed as follows:
All elected officials taking office on or after July 1, 2007, except that a person who is reelected to an
elected office held prior to that date without a break in service may retain in the PERS.
A Governor appointee with advice and consent of the Legislature or who serves at the pleasure of the
Governor only during that Governor's term of office.
Other employees commencing service after July 1, 2007, pursuant to an appointment by an elected
official or elected governing body which include the statutory untenured Chief Administrative Officer
such as the Business Administrator, County Administrator, or Municipal or County Manager,
Department Heads, Legal Counsel, Municipal or County Engineer, Municipal Prosecutor and the
Municipal Court Judge.
Notwithstanding the forgoing requirements, other employees who hold a professional license or
certificate or meet other exceptions are permitted to join or remain in PERS.
Contributions made by employees for DCRP are currently at 5.5% of the base wages. Member
contributions are matched by a 3.0% employer contribution.
There was 1 employee eligible to be enrolled in the DCRP as of December 31, 2012.
36
CONTINUED
NOTE 10: ACCRUED SICK AND VACATION BENEFITS
The Township has permitted employees to accrue unused sick pay, which may be taken as time off or
paid upon retirement or separation at the employee's current rate at such termination. It is estimated that
current cost of such unpaid compensation would approximate $284,505.46.
This amount is not reported either as an expenditure or a liability. The Township has reserved
$21,034.55 from previous budgets to be used to offset this liability and is reflected on the Trust Fund
balance sheet. See Exhibit B-6 for an analysis. It is expected that any remaining cost of such unpaid
compensation the would be included in the Township's budget operating expenditures in the year in
which it is used.
NOTE 11: CASH, CASH EQUIVALENTS AND INVESTMENTS

Cash
Custodial Credit Risk - Deposits
Custodial credit risk is the risk that in the event of a bank failure, the government's deposits may not be
returned to it. The Township's policy is based on New Jersey Statutes requiring cash be deposited only
in New Jersey based banking institutions that participate in New Jersey Governmental Depository
Protection Act (GUDPA) or in qualified investments established in New Jersey Statutes 40A:5-15.1(a)
that are treated as cash equivalents. As of December 31, 2012, $-0- of the Township's bank balance of
$3,289,818.82 was exposed to custodial credit risk.
Investments
Investment Rate Risk
The Township does have a formal investment policy that limits investment maturities as a means of
managing its exposure to fair value losses arising from increasing interest rates. The State of New Jersey
Statutes 40A:5-15.1(a)also limits the length of time for most investments to 397 days.
Credit Risk
New Jersey Statutes 40A:5-15.1(a) limits municipal investments to those specified in the Statutes. The
type of allowance investments are Bonds of the United States of America, bonds or other obligations of
the towns or bonds or other obligations of the local unit or units within which the Township is located:
obligations of federal agencies not exceeding 397 days; government money market mutual funds; the
State of New Jersey Cash Management Plan; local government investment pools; or repurchase of fully
collateralized securities.
37
CONTINUED
NOTE H: CASH, CASH EQUIVALENTS AND INVESTMENTS (CONTINUED)

Concentration of Credit Risk
The Township places no limit on the amount the Township may invest in any one issuer.
NOTE 12: RISK MANAGEMENT

The Township is exposed to various risks of loss related to general liability, automobile coverage,
damage and destruction of assets; errors and omissions; injuries to employees; and natural disasters. The
Township has obtained insurance coverage to guard against these events which will provide minimum
exposure to the Township should they occur. During the 2012 calendar year, the Township did not incur
claims in excess of their coverage and the amount of coverage did not significantly decrease.
The Township of Mansfield is currently a member of the Public Alliance Insurance Coverage Fund
(P.A.I.C.). P.A.I.C. provides their members with Liability, Property and Worker's Compensation and
Employer Liability Insurance. P.A.I.C. is a risk-sharing public entity pool that is both an insured and
self administered group of municipalities established for the purpose of providing low-cost insurance
coverage for its respective members in order to keep local property taxes at a minimum. Each member
appoints an official to represent their respective entity for the purpose of creating a governing body from
which officers for the P.A.I.C. are elected.
As a member of P.A.I.C., the Township could be subject to supplemental assessments in the event of
deficiencies. If the assets of the P.A.I.C. were to be exhausted, members would become responsible for
their respective shares of the P.A.I.C's. liabilities.
P.A.I.C. can declare and distribute dividends to members upon approval of the State of New Jersey
Department of Insurance. These distributions are divided among the members in the same ratio as their
individual assessment related to the total assessment of the membership body.
Financial statements for P.A.I.C. are available at the office of the P.A.LC's Administrator, Brown, &
Brown.
NOTE 13: LEASES

On March 3, 2004, the Township entered into a long-term lease for the purchase of a Hackney Rescue
Truck. The lease is for a fifteen (15) year term expiring on 7/1/2018. The interest rate is 4.10%.
38
CONTINUED
NOTE 13: LEASES (CONTINUED)

On April 29, 2004, the Township entered into a long-term lease for the purchase of a Seagrave Marauder
Rescue Truck. The lease is for a fifteen (15) year term expiring on 5/1/2019. The interest rate is 5.69%.
On March 20, 2006 the Township entered into a long-term lease for the purchase of a Seagrave Pumper
Truck. The lease is for a sixteen (16) year term expiring on 4/15/2021. The interest rate is 4.26%.
On April 26, 2007, the Township entered into a long-term lease for the purchase of a Pierce MiniPumper. The lease is for a ten (10) year term expiring on 4/26/2017. The interest rate is unavailable.
On December 25, 2009, the Township entered into a long-term lease for the purchase of an ambulance.
The lease is for a nine (9) year term expiring on 12/25/2017. The interest rate is 5.81%.
On December 16, 2009, the Township entered into a long-term lease for the purchase of an ambulance.
The lease is for a seven (7) year term expiring on 12/16/2015. The interest rate is 5.59%.
On August 4, 2011, the Township entered into a long-term lease for the purchase of a Ford Crown
Victoria, totaling $28,130.76. The lease is for a three (3) year term expiring on 8/23/2013. The interest
rate is 5.50%. A payment of $9,376.92 was made on the date of inception of the lease.
The following is a schedule of future minimum lease payments as of December 31, 2012:
Total minimum lease payment
Less: amount representing interest
$747,885.30
152396.93
Present Value of net minimum lease payments
$595,488.37
Calendar
Year
2013
2014
2015
2016
2017
2018
2019
2020
2021
Principal
$105,338.60
100,346.17
94,729.32
75,135.01
59,720.38
60,865.19
49,287.46
24,902.93
25,163.31
$595,488.37
Interest
$ 34,878.78
30,494.29
24,508.96
18,235.37
26,637.81
8,493.00
5,239.98
2,584.56
1,324.18
$152,396.93
39
Total Lease
Payments
$140,217.38
130,840.46
119,238.28
93,370.38
86,358.19
69,358.19
54,527.44
27,487.49
26,487.49
$747,885.30
CONTINUED
NOTE 14: PUBLIC ASSISTANCE

The Township of Mansfield has elected to have the County of Warren process all public assistance
granted to the residents. Therefore, the Township of Mansfield no longer has a public assistance
director.
NOTE 15: HEALTH INSPECTIONS

The Township of Mansfield has elected to have the County of Warren, Department of Health, perform
all inspections. Therefore, the Township of Mansfield does not have a health inspector.
NOTE 16: TAXES COLLECTED IN ADVANCE

Taxes collected in advance are recorded as cash liabilities in the financial statements. Following
is a comparison of the liability for the previous two years:
Balance
Dec 31, 2012
Balance
Dec 31, 2011
Prepaid Taxes
$352,593.47
$146,884.42
Cash Liability for Taxes Collected in Advance
$352,593.47
$146,884.42
NOTE 17: LOCAL AND REGIONAL SCHOOL TAXES

Regulations provide for the deferral of not more than 50% of the annual levy when school taxes are
raised for a school year and have not been requisitioned by the school district.
The Township has elected to defer school taxes as follows:
Balance of Tax
Deferred
Tax Payable
Local School District

Tax Balance
Dec. 31, 2012
Regional School District

Tax Balance
Dec. 31, 2012
2,516,498.14
2,392,409.04
2,658,220.63
2,615,123.85
124,089.10
43,096.78
40
CONTINUED
NOTE 18: OTHER POST EMPLOYMENT BENEFITS

A. PLAN OVERVIEW
Township of Mansfield ("Mansfield") provides post-employmentbenefits other than pensions ("OPEB")
to employees who meet certain criteria. As a result of offering such benefits, Mansfield will be required
to report the value of such benefits and the associated costs according to the accounting requirements
of Governmental Accounting Standards Board Statement No_ 45, Accounting and Financial Reporting
"by Employers for Postemployment Benefits Other Than Pensions ("GASB 45").
The Township of Mansfield contributes to Horizon Blue Cross Blue Shield Direct Access plan. This
plan is a stand alone Health Benefit plan.
The Township provides full-time post-employment benefits (i.e., health care and prescription plan) to
one retired employee, other than the Police, based on the retirement agreement.
The Police bargaining unit has negotiated the following benefits:
Police
Upon retirement, full time employees with twenty (20) years in the State Pension Plan will receive full
benefits (i.e., health care and prescription plan) which will cover the retiring employee.
Full time employees with twenty-five (25) years in the State Pension Plan will receive full benefits, (i.e.,
health care and prescription plan) which will cover the retiring employee, their spouse and/or
dependents.
B. FUNDING POLICY
The Township is not required to nor does it contribute the annual required contribution (ARC) per
N.J.S.A. 40A:4-1 et seq. There is currently no provision under State statute for the Township to accrue
funds, create a trust or issue debt to finance their other post employment benefit ("OPEB") liability.
The Township's portion of post-employment benefits is funded as a pay-as-you-go basis from the
Current Fund operating budget. During 2012, the Township had 10 employees who met eligibility
requirements and recognized expenses of approximately $196,887.74.
41
CONTINUED
NOTE 18: OTHER POST EMPLOYMENT BENEFITS (CONTINUED)

C. ACCOUNTING AND ACTUARIAL INFORMATION
The process of determining the liability for retiree medical benefits is based on many assumptions about
future events.
The key assumptions are:
Turnover and retirement rates: How likely is it that an employee will qualify for post-employment
benefits and when will the benefits start?
Medical inflation and claims costs assumptions: When an employee starts receiving post
employment benefits, possibly many years from now, how much will those benefits cost each year
and how rapidly will the costs grow?
Mortality assumption: How long is a retiree likely to receive benefits?
Discount rate assumption: What is the present value of those future benefit payments in terms of
today's dollar?
Since the liability is being recognized over the employee's whole career, the present value is divided in
three pieces: the part that is attributed to past years of service ( the "Actuarial Accrued Liability"), the
part that is being earned this year (the "Nounal Cost"), and the part that will be earned in future years
(the "Future Service Liability"). The actuarial accrued liability maybe reduced from any assets set aside
to pre-fund OPEB obligations to derive Unfunded Actuarial Accrued Liability or UAAL; i.e., the OPEB
liabilities attributable to prior years that have not yet been funded by designated assets.
Once the Unfunded Actuarial Accrued Liability and the Normal Cost have been calculated, the next step
is to determine an Annual Required Contribution of ARC.
The ARC consists of two pieces:
Normal Cost: cost for OPEB benefits attributable to the current year of service
Amortization Payment: a catch-up payment for past service costs to amortize the Unfunded
Actuarial Accrued Liability over the next 30 years.
42
CONTINUED
NOTE 18: OTHER POST EMPLOYMENT BENEFITS (CONTINUED)
Valuation Date: 12/31/2011
Key Results
Annual
Required
Contribution jARC)
Normal
Cost(NC)
Amortization
Payment
$1,490,064
$957,741
$532,323
Actuarial
Value of
Assets
$-0-
Actuarial
Accrued
Liability (AAL)
$20,531,480
Unfunded
Actuarial
Accrued
Liability (UAAL)
$20,531,480
NOTE 19: COMMITMENTS AND CONTINGENT LIABILITIES

We are advised by the Township's Counsel, that there is one TORT claim notice filed against the Township
and the likelihood of a possible loss cannot be determined at this time.
NOTE 20: SUBSEQUENT EVENT

The Township has evaluated subsequent events through June 27, 2013, the date which the financial
statements were available to be issued and no other items were noted for disclosure.
43
SUPPLEMENTARY DATA
TOWNSHIP OF MANSFIELD, N. J.
OFFICIALS IN OFFICE AND SURETY BONDS
The following officials were in office during the period under audit:
Name
Ted Tomaszewski
Joseph Waters
Michael Clancy
Shirley Kocher
Brad Smith
Dena Hrebenak
Joel Kobert, Esq.
Drew DiSessa
William Pandos
Steven Davis
Bernard Murdock
J. Edward Palmer
Jerilynn Harris
Title
Mayor
Deputy Mayor
Comrnitteeperson
Committeeperson
Committeeperson
Municipal Clerk; Registrar
Attorney
Engineer; Zoning Officer
Acting Chief Finance Officer from 9/24/13
Tax Collector; Tax Search Officer
Tax Assessor
Court Judge
Court Administrator
Auditor
There is in effect a Public Employee Blanket Bond in the amount of $1,000,000 per person issued by Municipal
Excess Liability Joint Insurance Fund.
All of the bonds were examined and properly executed.
44
`61
SE
1
E
OMB Circular A-133.

Note:This schedule was not subject to an audit in accordance withFederal
1/1/12- 12t31/ l2
CJ
45
to Grantor/P
Townsh ip of Mansfield
For the Year Ended December 31, 2012
hedule of Expenditures of State FinancialAssistance
.0m
m,d
.00-1
e.
88
66
88
4,47
.m
41 S4
'4' Fj
m.m
28T.
46
42
M.N.
N-10
re
'
:"'
,
or..
, ....,
os- ,
OO
17
or
e-,
.,m
" r=
O
4
71
E8.88E
Grant or State Protect Number
"'
44
Note: This schedule was
not s
n accordance with N.J.OMBCir
o
P
.; :3;
r.-.
...- ,.,
Lc c.c.
TOTAL STATE AID
Township ofMansfield
7
4.
O
.74
so a: O
47
COMPARATIVE STATEMENT OF OPERATIONS AND CHANGES IN FUND BALANCE
CURRENT FUND
Year 2011
Year 2012
Amount
Amount
212,000.00
0.97%
187,000.00
0.85%
1,613,385.44
7.39%
1,592,898.70
7.25%
256,848.28
1.18%
468,237.60
2.13%
19,305,229.23
444,572.64
88.42%
2.04%
19,516,406.41
204,505.28
88.84%
0.93%
21,832,035.59
100.00%
21,969,047.99
100.00%
5,274,781.93
11,070,260.85
5,186,813.03
129,863.47
24.35%
51.11%
23.94%
0.60%
0.00%
5,198,730.23
11,045,312.74
5,301,674.03
195,246.14
8,755.90
23.90%
50.79%
24.3 8%
0.90%
0.04%
21,661,719.28
100.00%
21,749,719.04
100.00%
Revenue and Other Income Realized

Fund Balance Utilized
Miscellaneous - From Other Than
Local Property Tax Levies
Collection of Delinquent Taxes
and Tax Title Liens
Collection of Current
Tax Levy
Other Credits to Income
Total Revenue and Other Income Realized
Expenditures
Budget Expenditures:
Municipal Purposes
Local and Regional School Taxes
County Taxes
Municipal Open Space
Other Expenditures
Total Expenditures
Excess (Deficit) in Revenue
170,316.31
219,328.95
Fund Balance, January 1,
310,573.73
278,244.78
480,890.04
497,573.73
Less:
Utilized as Anticipated Revenue
212,000.00
187,000.00
Fund Balance, December 31,
268,890.04
310,573.73
48
COMPARATIVE SCHEDULE OF TAX RATE INFORMATION
Tax Rate
2012
2011
2010
3.081
3.074
3.031
.530
.817
.802
.895
.030
.488
.841
.785
.887
.030
Apportionment of Tax Rate

.556
.799
.802
.904
.020
Municipal
County
Local School
Regional High School
Municipal Open Space
Assessed Valuation:
2012
2011
2010
648,892,423.00
650,551,704.00
651,440,597.00
COMPARISON OF TAX LEVIES AND COLLECTIONS CURRENTLY

A study of this tabulation could indicate a possible trend in future tax levies. A decrease in the percentage
of current collection could be an indication of a probable increase in future tax levies.
Currently
Year
Dec. 31
Tax Levy
Cash
Collections
Percentage of
Collections
2012
2011
2010
2009
2008
20,010,650.79
20,004,295.87
19,759,480.22
19,752,368.88
19,109,031.09
19,305,229.23
19,516,406.41
19,238,201.13
19,164,940.20
18,564,828.06
96.47%
97.56%
97.36%
97.02%
97.15%
Also, increases in future tax levies can also be warranted if revenue sources outside of those directly
generated by the municipality, such as federal or state aid, should decline without corresponding decreases
in budgeted expenditures.
DELINQUENT TAXES AND TAX TITLE LIENS
Year
Amount of
Delinquent
Taxes
Amount of
Tax Title
Liens
Total
Delinquent
2012
2011
2010
539,349.37
393,544.09
464,077.69
594,948.45
506,123.27
444,803.98
1,134,297.82
899,667.36
908,881.67
49
Percentage
of Tax Levy
5.66%
4.49%
4.59%
PROPERTY ACQUIRED BY TAX TITLE LIEN LIQUIDATION

The value of property acquired by liquidation of tax title liens on December 31, on the basis of the last
assessed valuation of such properties, was as follows:
Year
Amount
2012
2011
2010
1,447,600.00
1,447,600.00
1,447,600.00
COMPARATIVE SCHEDULE OF FUND BALANCES
Current Fund:
Year
Balance
Dec. 31,
2012
2011
2010
2009
2008
268,890.04
310,573.73
278,244.78
266,288.05
569,229.66
50
Utilized
In Budget of
Succeeding Year
70,000.00
212,000.00
187,000.00
185,000.00
445,100.00
A-4
Schedule of Cash.
Current Fund
Federal and State Grant Fund
Ref.
Increased by Receipts:
Miscellaneous Revenue Not Anticipated
Taxes Receivable
Tax Title Liens Receivable
Revenue Accounts Receivable
Due From State - Senior Citizen and
Veteran Deductions
Interfunds
Various Cash Liabilities and Reserves
Prepaid Taxes
1,234,319.17
A
A-2
A-6
A-7
A-9
116,988.39
19,360,938.87
2,75412
1,528,836.69
A-10
A-11
A-14
A-16
51,000.00
380,038.23
44,550.15
352,593.47
21,837,700.02
23,072,019.19
Decreased by Disbursements:
Current Year Budget Appropriations
Interfunds
Appropriation Reserves
Various Cash Liabilities and Reserves
Encumbrances Payable
County Taxes Payable
District School Taxes Payable
High School Taxes Payable
A-3
A-11
A-12
A-14
A-15
A-17
A-19
A-20
4,662,540.15
395,070.36
19,253.83
2,477.00
41,704.54
5,184,934.73
5,208,390.50
5,844,396.29
21,358,767.40
51
1,713,251.79
A-5
Schedule of Cash - Change Fund - Collector
Current Fund
Ref.
350.00
350.00
Analysis of Balance:
Tax Office
Clerk's Office
Court
Police Department
50.00
50.00
200.00
50.00
350.00
52
CA
kr)
kr) V')
00
N N
Crs
00
erc
N
01
kr,
Lri
00
N
O O
-4,
00
00
cp
O
O
O O
O
00
kr)
kr) N
19,100,094.81
19,360,938.87
O
N
-0a)
0.)
N
71-44 \C
oo oo
00 CO
LC" k.ww
71-
4 ok
ren 6
,, kr.
,Lr;,
--. ,, N CC fn
k.O
kr;
N ,-I
0
en 0"
7r
r- v)
cii c5
v: o, .1-' _,-Z. ' k4 5

co cl c) kc 00
N CO 0 0
cI
00 00
M
N
00 00
-1
---:,
V
ci)
li5
-
H cs g
k.o
I
4
cd '4
rn
Cr1
zn
0
'8
a)
19,992,377.21
19,992,377.21
Current Fund
Schedule of Taxes Receivable and Analysis of Property Tax Levy
Townsh ip of Mansfield, N.J.
O O
kr) kr)
O 4 c) oo M
ck-; en 6 6 r-.
oo CS 0 C)
en 0
Analysis of Tax Levy
71.
Cr1
CA
Cr1
P- in
a) ui
cn
1.)
g
E,
91
g''
X
P. Cd
' .., H (...)
Tv V. -d
.,
. 4-'' ^d
o
5.%08-zi
,-'8
., C
'a C
= -0
0 -0
E---1
N
53
a)c_) .
c.z 0 5
0
P.. 0
coo ,. re)
= vL), 00
..1 ir-)
0 ,..:
1 ,,'
-a
-4
, ,
F.; " g
u E6
0
0
EC
P.-;
-c-,:-t
-e-'.
c)
.,..
,2 kh
1X)
k. CGt
0 [..-I
4-I
H
0
Td .-ti
,..,
-0
0 -0
A-7
Schedule of Tax Title Liens Receivable
Current Fund
Ref.
A

Increased by:
Transferred from Taxes Receivable
Interest and Costs on Tax Sale
A-6
506,123.27
89,811.69
1,767.71
91,579.40
597,702.67
Decreased by:
Collections
A-2;A-4
2,754.22
594,948.45
A-8
Schedule of Property Acquired for
Taxes Assessed Valuation
Current Fund
Ref.
A
1,447,600.00
1,447,600.00
A-9
Schedule of Revenue Accounts Receivable
Current Fund
Ref.
Clerk:
Licenses:
Alcoholic Beverages
Fees and Permits
Municipal Court :
Fines and Costs
Tax Collector
Interest and Costs on Taxes
Interest on Investments and Deposits
Energy Receipts Tax
Police Administrative Fees
Planning Board Fees
DMV Fees
Uniform Construction Code:
Washington Township
Cellular Tower Rental
Shared Service Agreements:
Municipal Court& Prosecutor
Hotel / Motel Occupancy Fee
Lease of Township Owned Farmland
Cable T.V. Franchise Fee
Balance
Dec. 31, 2011
A-2
A-2
Collected
4,877.00
11,455.00
4,877.00
11,455.00
91,471.90
90,483.45
A-2
A-2
A-2
A-2
A-2
A-2
84,563.29
6,732.62
864,858.00
688.00
2,650.00
1,000.00
84,563.29
6,732.62
864,858.00
688.00
2,650.00
1,000.00
A-2
A-2
79,404.91
52,210.26
64,860.18
52,210.26
A-2
A-2
A-2
A-2
293,821.03
24,961.95
3,200.00
22,946.26
1,544,840.22
293,821.03
24,961.95
3,200.00
22,946.26
1,529,307.04
A-2
5,793.78
5,793.78
A
Cash Receipts
Interfunds
Accrued
A-4
A-11
1,528,836.69
470.35
1,529,307.04
55
Balance
Dec. 31, 2012
6,782.23
14,544.73
21,326.96
A
A-10
Schedule of Amount Due From / (To) State of New Jersey
for Senior Citizens' and Veterans' Deductions - CH. 73 P.L. 1976
Current Fund
Ref.
Increased by:
State Share of Senior Citizens' and Veterans'
Deductions Received in Cash
(1,239.65)
A-4
51,000.00
(52,239.65)
Decreased by:
Senior Citizens' Deductions Per Tax Billing
Veterans' Deductions Per Tax Billing
56,750.00
Add:
Senior Citizens' & Veterans Deductions
Allowed by Tax Collector - 2012 Taxes
Less:
Senior Citizens' & Veterans Deductions
Disallowed by Tax Collector - 2011 Taxes
1,500.00
(6,750.00)
A-6
51,500.00
(739.65)
56
Federal and State Grants

imalControlTrust
Other Trust
General CapitalFund
0
0
-1:=1
a.> 4
00
'
co
00
,-.-..
,-.-.1
N N
v3 6
..1(r)
..o
tr)
'
4)
C)
121
MI
cr)
cd1
f241
57
Interest on Investments
Dec. 31, 2011
Current Fund
Schedule of Interfunds Receivables/(Payables)
Dec. 31, 2012
cr) O
N 00
00
Crl
oc M
r71-
N
71= O
oO
VD
00
cr;
N 00
O1
VD.1
cc 71
0
cn
cn
N
N,
00
M 71- 71- 01 ,--.
<
A-12
Page 1 of 2

Schedule of Appropriation Reserves
Current Fund
Balance,
Dec. 31,
2011
Salaries and Wages Within "CAPS":
Administrative and Executive
Mayor and Committee
Clerk
Financial Administration
Assessment of Taxes
Collection of Taxes
Public Building and Grounds
Planning Board
Economic Development
Environmental Commission
Emergency Management Services
Board of Health
Recreation and Education
Fire (General)
Municipal Court
Police
Total Salaries and Wages Within "CAPS"
Other Expenses Within "CAPS":
Administrative and Executive:
General
Clerk
Governing Body
Audit
Financial Administration
Computerized Data Processing
Assessment of Taxes
Collection of Taxes
Legal Services and Costs
Engineering Services and Costs
Public Buildings and Grounds
Municipal Land Use Law (NTS. 40:55 D-1):
Planning Board
Zoning Board
Environmental Commission
Economic Development
Insurance:
General Liability Insurance
Employee Group Health
Public Safety:
Fire Hydrant Service
Fire Prevention Bureau
Police
PEOSHA Hepatitis B Shots
PEOSHA - Requirements
Garbage and Trash Removal
Emergency Management
Streets and Roads:
Road Repair and Maintenance
Snow Removal
Municipal Court
Utilities:
Fuel Oil Electricity
Water Testing
Gasoline
Telephone
Fuel- Diesel
Encumbrances
Cancelled
Balance
after
Transfers
Paid or
Charged
0.05
589.05
1.88
3.47
18.96
545.86
0.84
0.10
0.04
1.01
1.82
23,356.98
0.05
86,212.15
17,371.32
128,103.58
0.05
589.05
1.88
3.47
18.96
545.86
0.84
0.10
0.04
1.01
1.82
23,356.98
0.05
86,212.15
17,371.32
128,103.58
0.05
1.88
3.47
18.96
545.86
0.84
0.04
1.01
1.82
35,823.50
86,212.15
122,609.58
894.87
559.27
579.00
826.08
637.50
1,118.79
668.55
43,117.51
3,300.00
6,063.03
740.00
1,594.87
559.27
79.00
9,380.00
826.08
637.50
1,118.79
408.55
22,397.51
3,300.00
6,063.03
Balance
Lapsed
446.07
1,148.80
559.27
79.00
9,380.00
393.75
832.00
826.08
243.75
1,118.79
408.55
22,397.51
3,300.00
5,231.03
5.00
1,135.00
360.00
260.00
5.00
501.00
28,226.70
501.00
28,226.70
1,400.00
0.73
1,131.03
25.00
800.00
133.58
447.15
1,400.00
0.73
2,131.03
25.00
800.00
133.58
447.15
13,285.10
2,774.04
6,310.00
13,285.10
2,774.04
6,310.00
1,224.30
12,060.80
2,774.04
6,310.00
3,931.63
2,328.69
3,931.63
5,628.69
90.00
17,695.09
2,390.11
6,410.33
546.82
64.02
90.00
3,384.81
5,564.67
17,695.09
2,390.11
6,410.33
58
360.00
360.00
775.00
260.00
5.00
360.00
2,093.03
129.22
512.06
501.00
27,866.70
1,400.00
0.73
38.00
25.00
800.00
4.36
447.15
17,695.09
1,878.05
6,410.33
A-12
Page 2 of 2

Schedule of Appropriation Reserves
Current Fund
Balance,
Dec. 31,
2011
Natural Gas
Unclassified:
Prior Year Bills: State of PA
Prior Year Bills: Foley LP
Recreation and Education
Senior Citizen Activities
State Uniform Construction Code:
Sub - Code Officials
Construction Official
Total Other Expenses Within "CAPS"
420.00
151,938.54
Total Operations Within "CAPS"

Including Contingent
274,548.12
Deferred Charges and Statutory Expenditures Municipal Within "CAPS":

Statutory Expenditures:
Contribution To:
Police and Fire Retirement System Arrears
Public Employees Retirement System Arrears
Public Employees Retirement System
Unemployment Compensation Insurance
Social Security ( 0.A.S.I. )
Total Deferred Charges and Statutory
Expenditures - Municipal Within "CAPS"
Total General Appropriation Reserves Municipal Within "CAPS"
Other Expenses Excluded From "CAPS":
Municipal Court
Prosecutor
Construction Code Official - Washington Twp.
Morris County
Employee Group Health
Total Other Expenses Excluded from "CAPS"
Public and Private Programs Offset By Revenues

Matching Funds for Grants
Total Public and Private Programs Offset By Revenues
Total General Appropriation Reserves Municipal Excluded from "CAPS"
Total General Appropriation Reserves
Encumbrances
Cancelled
Balance
after
Transfers
1,478.53
1,388.53
31.86
695.62
1,592.65
2,160.10
Paid or
Charged
Balance
Lapsed
448.58
939.95
31.86
695.62
1,592.65
2,160.10
1,950.00
31.86
695.62
1,592.65
210.10
740.00
420.00
146,593.54
19,189.85
420.00
127,403.69
740.00
274,697.12
19,189.85
255,507.27
600.00
600.00
92.00
142.20
600.00
600.00
92.00
142.20
591.00
23.33
600.00
600.00
68.67
142.20
591.00
1,434.20
2,025.20
23.33
2,001.87
276,722.32
19,213.18
257,509.14
2,548.91
27,020.00
2,548.91
27,020.00
40.65
2,508.26
27,020.00
540.00
33,855.00
63,963.91
540.00
33,855.00
63,963.91
1.00
1.00
1.00
1.00
63,964.91
63,964.91
40.65
63,924.26
340,687.23
19,253.83
A-4
321,433.40
A-1
275,982.32
740.00
339,947.23
A
740.00
A-15
59
40.65
540.00
33,855.00
63,923.26
1.00
1.00
N
,--.1
(Li C''
c.) cl
0
cd
C)
CD
cn.
irl
S
cri
kt.)
0
ir)
if)
gq (-)
ci.)
Current Fund
Schedule of DeferredCharges
CI
N
N N
-zi CD N,
N
(24
00
O
00
M'
TI
er)
\C.
)
7t-
60
,I.
O n
i
1-1
CD
U N
1,...4
C) ,I
tr; 06
r-- a\
N .17
CI ''
00
7; cr)
i--1
',.0
r--I
Cr)
0'1
'
0
C)
CD
Ir.".
C)
r--1
00
N
kri
N
(:C)
ci
CD CD
CD CD
N: N:
CJ
0)
O
O
00 CD
kr)
krt
0
N
1:721
0)
cS
ce;
O
t)
1140")
71:
4-4
0
N
00
N
00
U
121
a
.1.0
a
F-+
0
.
1)
(1)
.1-1
CI
>
1
0 ID
a.) -1 ch
s-,
;I;
4-, g r)
a a)
...,
N
a.)
'70
a.)
4C-I
4
CA
-,
u
,,
,,
L.)
Reserve for:
Liabilities andReserves
Current Fund
Schedule of Various Cash Liabilities and Reserves
ir>
O
O
'cs
tll
(1)
cd
> 0 (..
ct cL)
-,7
. . . . 'a9
.9. " ' :"
'C)
,._,
1:
,..,
cd 'TA 7.71
0 cd ct
124 C....) C..)
61
A-15
Schedule of Encumbrances Payable
Current Fund
Ref.
A
Increased by:
Transfer from Current Appropriations
A-3
Decreased by:
Cancelled
Cash Disbursed
Cancelled to Appropriation Reserves
A-1
A-4
A-12
48,595.37
47,366.44
95,961.81
6,150.83
41,704.54
740.00
48,595.37
47,366.44
A-16
Schedule of Prepaid Taxes
Current Fund
Ref
A
Increased by:
Receipts - Prepaid 2013 Taxes
A-4
352,593.47
499,477.89
Decreased. by:
Applied to 2012 Taxes
A-6
146,884.42
352,593.47
146,884.42
62
A-17
Schedule of County Taxes Payable
Current Fund
Ref.
A
1,023.78
Increased by:
Levy
Added and Omitted Taxes
5,183,910.95
2,902.08
Decreased by:
Payments
A-1;A-6
5,186,813.03
5,187,836.81
A-4
5,184,934.73
2,902.08
A-18
Schedule of Municipal Open Space Tax
Current Fund
Ref.
Increased by:
Levy
Added and Omitted
Decreased by:
Interfund - Other Trust Fund
129,779.00
84.47
A-1;A-6
129,863.47
A-11
129,863.47
63
A-19
Schedule of Local District School Taxes Payable
Current Fund
Ref
School Tax Payable
School Tax Deferred
127,519.60
2,392,409.04
2,519,928.64
Increased by:
Levy School Year July 1 to June 30
A-6
5,204,960.00
7,724,888.64
Decreased by:
Payments
A-4
5,208,390.50

School Taxes Payable
School Tax Deferred
124,089.10
2,392,409.04
2,516,498.14
2012 Liability for Local District School
Tax Paid
Taxes Payable - Dec.31, 2012
5,208,390.50
124,089.10
5,332,479.60
Less: Taxes Payable - Dec. 31, 2011

Amount Charged to 2012 Operations
127,519.60
A-1
5,204,960.00
64
A-20
Schedule of Regional High School Taxes Payable
Current Fund
Ref.
School Tax Payable
School Tax Deferred
22,192.22
2,615,123.85
2,637,316.07
Increased by:
Levy School Year July 1 to June 30
A-6
5,865,300.85
8,502,616.92
Decreased by:
Payments
A-4
5,844,396.29

School Taxes Payable
School Tax Deferred
43,096.78
2,615,123.85
2,658,220.63
2012 Liability for Regional High School

Tax Paid
Taxes Payable - Dec. 31, 2012
5,844,396.29
43,096.78
5,887,493.07
Less: Taxes Payable - Dec. 31, 2011

Amount Charged to 2012 Operations
22,192.22
A-1
5,865,300.85
65
A-21
Schedule of Interfunds
Federal and State Grant Fund
Fund
Current Fund
Grants Receivable
Appropriated Grants
Matching Funds for Grants
Ref.
A
Due From/(To)
Balance
Dec. 31, 2011
15,468.20
A-22
A-23
A-23
Increased
57,155.18
Decreased
41,884.60
54,757.18
41,884.60
2,398.00
57,155.18
66
41,884.60
Due From/(To)
Balance
Dec. 31, 2012
30,738.78
N
0
N
00
00
0
0
0
0
.0o 710 00 0 0, 0,
00
o; +.6 Ns;
0; tei
eS
0 in 1 -Cr 1- 0 0
0
ao O1 VD
ct cl"
01 0
c7.,"
00
er.1
N
4I
in CR 0
ck
(-4
(-4
M
01
O
N
1-1
0 OR 0
-71er1 6 6 6 N
cs
en co
00
State Grant Fund
Schedule of Grants Receivable
kr,
p
k--1 0 0 kn Do
71- 0 0 ON (-1 0
N c..i
N r-co
en 0 0 r-oR., cs .7,, en 0
1
-
1:ko (--1 cc
0 --+ kn
.,1- v-, c-A.
e'l
,0
.0
t--- 00
ce +.6
--I
cs 71- 0
ez. 45, .ci.
co.
--,
0 vn
00
N ao OR
'711' CA"
en 4 1-
0 0 0
6 60 o
6
.71-
0
O
01
trs
OR
,--1 0 p
01' CD- Lri'
c.
0-4p4 < g
d
4
,,,
'4
5'
-c.3> 1:.c=1
E
4
I 0 rn n = c4 ,,69
=
O
0
o
0
0
..o :a
0
a) P4
0
) , . ,. c.., ) .,A- .T 9 .5 6) .2
tt .i
c i, f, 5 g:i : . LL, _) .a,,.,
-01,z 1)
1--',- .0
0oe)
bn
o ,-,,
,--. --,
M (.,.. -._ 0 :01cA
ct 4
t
,/,
3"
4,
H
,
.
E-4 ...:, ....1 c.,-, ba 1-i
t._, ,0
do o.gC,5PA-261k? Lea0-6
'g ' ;), '2 4 '11 LI' 1 '. ;I a) --:
fl i
67
l---:"
O
M
-c,
ZZZc)gu
r-i
-g0.2.
,..,
P '&-1 4 -,
Cl CD
cp
N
cr,
CN
,c, co
,r
CD
m
4.'
C
CZ
0
04
LO
,o.,
t
t
&j
"0
01
GLo
03
*4
40
"
""
w
"Cr
L_,
174
=
.4
''
c.
_2
:4
,:.
6'
ei
,-,
cz)
h4
,..-.7
en
I
c.`4)o a)
k4 4.-A -co
Ok
c
=
..., E ,....,
.-1 i0 .4
,. AD 00
CA 7. CN
CD
CD
\,,6 6 6
r-
6
co
oc,"
,.
-,
... ,, 11,I CD
ccs
c,
V": Ch A7 6
C,.,
iti cn
a)
PC' c..i
O
11J
6.'
R cl)
<
..,
0
1:1
'
In WI
C;
Cl
4
1..
.,
a.)
rn
M
o
rn
CD
o
CD
4-1 4
,H 00
N 00
kr)
CN
77
C>
CD
VD
7i
00
.r:';'
0 7.
CZ:
7 (',.. '.0"', '71- '4

cn- Oa'
WI C7 C7 14-1 keI CD CD WI CD t,CD

CD CN N. CD CD N. N CD CZ N. 7h 7h. C7
0 00 LC: 0 CD Cc: 00 0 0 0 m C) CO
71-' C) VI 7h 00 Cc/ 7/- CD 71- CT 00 V) ,--1
N r- r- ,. 0,-. ',..0... s co N r----. rn N.
--,
ca c)
o
oO
c;
0
E I
O
4 1j
-a
a,
Q
:Jo
Pa
2
'-crJ
0
0
1-1
4-'
0
,--
73
''
ti'
.7.-1
'C
c
=
-0 -co
+.,0 4. 0b.)
0
-.a ,s
-To
a0._. a) -2 ,,, t,c4

)5 ..?.-. ,:0i. P.0 -6- 41 0 .z)-., .._
c, ,,,,
. ... -I.
,
cd
; ...
.0 . -, -,
,_.
4 ,
,..
r re, .1.- '
1--1
0 . . 1--1.
c.) 0 ',' a.,
=
,_ r,
c2 cd"4)' .1
0, 6.1),,I, -4-).r,1'^ +-0' .)(...)a)c...),= '0
a.) ,CD
< IDS, 0 1)
4,
,4-,
C._
in
0
4) =
= W r-TY F.1.4 '.--' un V
0 '''
0
e)..
0
=V " 0
tt. 8 8 ct tr, .2 1_ '
o ''
.:=F-Z-it
0 .1.-,,
0 0 =
0 > 8 '" ga.
= . 1-1
_.i E
0E -,--
--:---,
''
... ,....
(..) F. w ;- 0
.- = 1 1 ro.- ...lc
.14 ,. VI ""C '''
0
cl 0 171
, , Q... 5, ,d
'V ,.... d) _, al
r,.1 = p .4,7..
v) . cd
P.1 c'/
0. CI.
"'" "6
V)
I) li '''
g
cl cd ' 0 Mt Ei 'ti
0
'-5:1
,.., 'A E C 0 0 0 ni0
a)
,;..1 cc$ -.. '4. 0 C, . E ..Li -.: .-u-g)
. ,--. 0 0
0
,5 r2 z
ci GO C,0
p4
0 ec. L)
C.) 01
..=
68
,-, 5
0
.
<
,-, VD --,
,--,
Cl
CD
V7
7i
00
71.
co CN 7h N.
N CM)
N
CD
C-:.
CN
CN
4 c-,-) oc) co
N
Vl
0-1
0 0 00 00 N
0
N
CD
c, 00 00 0
rn
0\
7f
1.
c::,
0 ei
In
CD
C37
00
00 cn r\ do
oo
II
LE
O
N
4
ten
ci
CD
c3
el r--- kr)
CD CA
OCh ''.17 CD CD N.:noo tel 7h CN
CO
6 06 06 6 c5
06 6 6 vi
4
4 c) cr,, 4 00 rn 4 CD 71- '7f 00 AD
n f N. 7-, V-1 C 0
Cl V., 7-1 Irs I-. N 0-1
cn 'Dern
,475
vfoe; -. C4
Cl
I:D1'
00 LC) CA
WI CN I-.
c.. N
$..,
7. r. 00 WI M1 CD CD kri CD N CD 60 60
CD
M NO
C1", NI V7 6
"I-1
0
4
cd
'' 6
'
8 ,2
'C
fa 43
0 :0
', = ., _
0. ,..,
''
wg r
'c
Mi
C.)
N
(it 7P1.4
-1
4-4
andState Grant Fund
Schedule of Unappropriated Reserves for Grants
O r-- O
0 en 71rn
1
O
U N
g
0",
tr)
Ch O71-
cn
N.
7171N
O N
Ir.: 1
a kr) a a.,
cs
ONNN
O C"-- O N
O c-r)
N:
a)
6-
69
'71N
B-1
Schedule of Cash
Trust Funds
Ref.
Dog License Fees - Township
Dog Late Fees
Cat Late Fees
Cat License Fees
Miscellaneous
Other Trust Funds
Dog License Fees - State Share
B-2
B-5
B-5
B-5
B-5
B-5
B-6
B-7
Total Receipts
Reserve for Dog Expenditures
Other Trust Funds
State Share - Dog Licenses
B-2
B-5
B-6
B-7
Total Disbursements
70
Animal
Control Trust
Fund
1,172.53
Other
Trust
Funds
1,306,471.28
470.35
5,292.50
430.00
45.00
1,281.00
7,546.36
3,499,402.80
1,245.00
15,839.86
3,499,873.15
17,012.39
4,806,344.43
6,498.08
15,627.80
3,479,623.74
1,243.80
16,871.60
3,486,121.82
140.79
1,320,222.61
B-2
Schedule of Due (to)1 From Current Fund
Trust Fund
Ref.
52,659.01

Increased by:
Cash Disbursements
Other Trust Funds
6,498.08
274,688.24
B-1
B-6
281,186.32
333,845.33
Decreased by:
Cash Receipts
Other Trust Funds
470.35
195,513.34
B-1
B-6
195,983.69
137,861.64
B-3
Schedule of Due From General Capital
Trust Fund
Ref.
B
36,321.57
36,321.57
71
B-4
Schedule of Due (To) Current Fund
Ref.
B
(180.40)
(180.40)
72
B-5
Reserve/(Deficit) for Animal Control Trust Fund Expenditures
Trust Funds
Ref.
Increased by:
Cat Late Fees
Dog Late Fees
Cat License Fees
Dog License Fees
Miscellaneous
992.13
B
45.00
430.00
1,281.00
5,292.50
7,546.36
B-1
B-1
B-1
B-1
B-1
14,594.86
15,586.99
Decreased by:
Expenditures R. S. 4:19-1511
B-1
15,627.80
(40.81)
Year
2011
2010
73
6,794.00
7,205.50
13,999.50
B-6
Schedule of Other Trust Funds
Trust Funds
Balance
Dec. 31, 2011
Escrow Deposits
Unemployment
Municipal Alliance
Recreation
Tax. Sale Premium
C.O.A.H. Mandatory Development
Open Space
Public Defender
COAH
Snow Removal
Outside Employment
Fire Prevention
POAA
Payroll
Accumulated Absences
Outside Liens
Recycling
Joint Insurance
237,187.36
124,034.54
8,172.39
33,318.02
74,600.00
349,708.12
267,102.71
256,929.71
31,666.87
3,661.00
4,152.67
615.58
2,544.64
1,758.25
1,395,451.86
B
Increased
Decreased
23,097.45
383.06
32,623.90
6,784.35
47,044.32
55,811.03
322,236.83
130,454.88
969.61
50,235.43
39,111.03
345,018.23
155,921.42
969.61
100,194.88
19,272.01
2,280.00
34.00
3,048,791.28
19,276.30
4,245.37
0.01
0.01
3,031,631.51
3,774,091.04
3,675,137.08
274,688.24
3,499,402.80
195,513.34
12,841.60
Ref.
Interfund Current
Cash Receipts
Cash Disbursements
B-2
B-1
B-1
3,479,623.74
3,774,091.04
74
3,675,137.08
Balance
Dec. 31, 2012
227,660.91
117,633.25
8,172.39
30,126.91
91,300.00
326,926.72
241,636.17
256,929.71
131,861.75
10,091.41
6,432.67
649.58
19,704.41
21,034.55
4,245.37
0.01
0.01
1,494,405.82
B-7
Schedule of Due to State Department of Health
Trust Funds
Ref
Increased by:
State Fees Collected
B-1
1,245.00
Decreased by:
Paid to State
B-1
1,243.80
1.20
75
C-2
Schedule of Cash
Ref.
C; C-3
78,431.96
Capital Improvement Fund
C-9
175,000.00
253,431.96
Improvement Authorizations
C-10
26,930.08
C;C-3
226,501.88
r-1
0
U
CI
i'
-a
-,
1:4 6
CN cc)
N ON
ci kr!
CN
a cS
un rn VD
N cv
CV CV Nen V7
O0
N in 00 00
O 00M
CD
O1O a ..Cy
4%
cV 00 C- 0
VD 00 00 kr)
cc of
kr
N
N
00
CD- N
trl ec) Cc.

N
OkD
a kr:,
8
kr,
ON
00. 00
\
kr)
N
V7
ken
O VD
krn
ci
0
O CA
CD
V's
co"
cc)
Miscellaneous
Disbursements
Analysis of Cash
GeneralCapitalFund
Township of Mansfield, NJ.
N
VD
N
kr)
0
CD
O
CT,
CN
kr)
vn
M
Cr,
CA cV 00
CN. VD CD
,..45
Cq rn
oc.... .rn rn"
O
O
O N
O
kfc
V%
C-
Qn C- rn
v7 111 V7
Cfs
(Ni
O
O
0
0
CN
In
CA
--00
CT, Cr% Cr, Cl 00

CI N C) cn CN
kri '.0 -711"
N V7 cc) 00
C7 - CD a ,
t 4% C4 kr,
CD Crl, CD CD kr kr1
-, 6 6 V:- +.
kr) CD v7, cN cv
C:
4-1
V1 lc- 00 rn VD rvi '0cf ON N cr%
2
c -o 4, ,..17.3
'F
.,/ 8 u - g c. 0
.N
-- g
7D
O
O
,o) ;-A-)
v ;L,-, c-,
, cA .-, 4
xi 08
,f, g rt
-8 ,...r7 )ak
e.,
*" 7. 1=4
JO
'
..t
-,,,
'"' 2 u
'o ""
o
.9 2 "'
.41
o 2 ,...., t -i
73. -8
,...
o
P
>
.--1
,._.v
L
1) [20 ,.., E 4... g _ CA
E ,
.
o
,.,,,
=
0
a.)
0".. ,Docc a.)
-a cd
s-*
> '4
e o . .
0 ti c.1
,2,z,
i. ., ., ..):)c..)ods-,
0,,,
5,). ,-5
.0
g a, .t.' 0_, U ce, LT. > 0_,
rn
00 N r.
0 0 CD CD CD CD cD
v
N C
CN D 7
D D D D CD
77
-o
rn
00
C-4
Schedule of Interfund Accounts Receivable (Payable) - Current Fund
Ref.
Increased by:
Deferred Charges to Future
Taxation - Unfunded
Various Reserves
C-8
C-12
165,096.65
35,500.00
152,624.56
188,124.56
78
353,221.21
C-5
Schedule of Interfund Accounts Receivable (Payable) -Other Trust Fund
Ref.
(36,321.57)

(36,321.57)
C-6
Due From Hackettstown
Ref.
14,867.54
14,867.54
79
C-7
Schedule of Deferred Charges to Future
Taxation - Funded
Ref.
2,611,000.00
Funded by Budget Appropriation

General Serial Bonds
C-13
N.J. Economic Resources Loan Payable C-14
275,000.00
22,500.00
297,500.00
2,313,500.00
80
Q.)
2 X 0
1-
cl)
Dec. 31, 2011
00
ement Description
December 31, 2012
GeneralCapitalFund
Schedule of DeferredCharges to Future Taxation
o
(1.., Qt.) ,
Lin
O
cz;
N
N
Q.)
0
4
O
O
CD
00
kr)
N
N
00
Lr2c'
CI)
Lri
N
N
tn
O
N
81
C-9
Schedule of Capital Improvement Fund
Ref.
C
75,292.13
Increased by:
Budget Appropriation
C-2
175,000.00
250,292.13
Decreased by:
Appropriated to Finance
Improvement Authorizations
C-10
68,000.00
182,292.13
82
kr,
N
N
U
ci
Dec. 31, 2012
Cs, CD c0
N rn
00
LJD oo
66
t.n
L.0 oo oo
m,"
O., tr>
Cr,. L.-).
ON, ,-1
.0 -C
'-c$
ci.)
.19
00
O
O
M Cfc'
ZS"
N
d- N
Cl
o
c:
c
Dec. 3 1, 20 11
01
a4
O
, 0 0 Lr>
CP: 0 0 Ln
1
Lr, 0 C N
Vl r--Lci
c,"
00
cM)
m
N
N
CP,"
0 0 CZ.) 0 0> 0 0
C> 0 0 C> 0 `..0
O
v7 O CD O N o
v:; 6 6 6 6
e LO"
m
0 +.0 m"
NN L.D
N
C's CP, 0
0 ,^ N
0 0 ,-1 .:
C> 1- 71- 0 0 In
N N
N --,
L.0L.O ',.0 m m LI-1
o 0 o c> c> c> ,
rovement Descriuti
N U
N
Schedule of Improvement Authorizations
O
Oa
,, L.6
Authorizations
N N
c:r 'C
Crs
SC4
.0
L,->
o7,
c> ck
c>
cs 6c2
o
,
, .6
83
ri
rl
O
O
O
O
O
14-)
O
ill
00
00
O
O
O
C=,
O
CS
O
O
O
O
Cl
00
00
O
O
O
O
O
O
O
O
00
trt-s'
00
a) O
N
O
O
6
O
O
kr)"
I)
O
O
00
O
O
O
O
O
kr)
00
O
O
O
O
O
DO
00
0 en
.1n4
Ii
'cu3
E
V
O
Various Improvements
(21
Schedule of BondAnticipation Notes Payable
Tt"
O
O
O
bQ
84
CD
CD C) CD
Cs CD CD CD
CD 0 on N CD CD CD lin 0 CD
6 4 (-4 4 6 rsi 6 6 6 6
N 6
6 6 6 6 --I CD O- N 0 CD
0 0 N Cs, C> rn 0
vn
kins
c4
s
M trisclcrisCr
,t
U
on
on
tr)
N
GeneralCapital Fund
Schedule of Various Reserves
vn
O
O
O
O
c,Cs CD CD
Crl 0 CD
00
I) (-9 6 6 N 4 6
CD
C1 C1 0 t"-rn.,
0 0
in
c LK' Cfc
Q
N 71U
i2I
'TS
p4
g
..fo
-,,
I
4
V
.. rzL,
EL' 'V n.; 4 b
',`-.)'
0 tDcc8h'0-,5
Z p4 9,-E p., 7)1 g LT.
,'.
8 E ,60...
00 0 . -.,--- o-o0
,= ro
cr
n.
w
;:4
u
-.c5
N
0 w +, V 0 a) ia, 0
94 .2 ..c4 7:1 "
O
-,-:') 8 f?,
8 8 E1 4 .-8 -8
v] 0 al.., a. C...) pl-, P4 a-,
124
s,
85
Cr)
'NO
00
00
CS
71:s
00
VI
CD
O
O
O
O
C
N
CD
N
N
CD
C7
7:1
cr)
act
U)
C7
CD
In
CD
CD
O
C7
CD
0
ID
ekr) e e e e e e'41- e 1f)

e tin
e e e e e e
tin If) V1 V)
a) a)
Vl 4/ V) 4) 4)
NNNNNNNNNN N N
Cr) Cr) rn rn rn rn Cr) rn en Cr) rn cn rn Cn Cr)
4 4 4 4 4 4 4 4 4 4 4 4 4 4 4
0 0 CD
CD 0 CD
6
C. 6
C7 CD CD
C7 0,0
1/46' .c:) rris
vo CD Ch
,--1
CD C7 C7 0 0 CD CD C7 C7 C7 0
00
C.C.C. 0 0 0 COO 0 0 C. C. C> C.

0 C 6 6 6
c5 6 6 6 6 6 6
ori' O 0 kris kr-r o 0 co O 0'0Q O O O kri

r- oo oo oo oo CT CT C 7 0 C C C)
,r:s.
0 CD CD CD 0 <7 C7 C7 CD 0 CD CD 0 C7
CD C7 60 000 CD CD C7 6CD CD CD CD
.,...,--,,.. ,..
00 CN
C') 7t ten ID t,
Cl CI rn
,-1
CD
C7
41
..0")
NNN
CD 0 0 0 S;0 0 0 0 0 Sa)
CD CD
CT CN
CN CT CN CT% CN Cc, CD CD Cr CT CT CT
O CD <7 C7 C7 CD CD CD 0 0 CD
Cr%
00
,o
O
o
o
O
0
6
,-...,
'47
'zi''
00
CI
N
rn
CDCSCD CDrn
O
O
O
0
Cf
O
GeneralImprovements
GeneralImprovements
Schedule of GeneralSerialBonds Payable
Lel
t,
Cl
121
CN
86
Schedule of N. J. Economic Resources Loan Payable
C.)
C
CA)
1-1
a.)
(21
N
a)
a)
J)
(=>
O
N
N
O
O
O
O
kt-)
N
N
1-1
Cr)
kr)
00
(0)
71O'N
kr)
00
O
a)
87
GeneralCapitalFund
Schedule of Bonds andNotes AuthorizedBut Not Issued
V')
a) ct
t=4
-to
co)
O
co
c)
cd
O
c;
co)
Vi
cr)
cQ
(1.)
cc:
88
U
O
O
O
kr) c'?
cc) r,..../)
PART II
LETTER ON INTERNAL CONTROL AND ON COMPLIANCE
AND OTHER MATTERS
COMMENTS AND RECOMMENDATIONS
Ferraioli, Wielkotz, Cerullo & Cuva, P.A.

Charles J. Ferraioli, Jr., MBA, CPA, RMA
Steven D. Wielkotz, CPA, RMA
James J. Cerullo, CPA, RMA
Paul J. Cuva, CPA, RMA

401 Wanaque Avenue
Pompton Lakes, New Jersey 07442
973-835-7900
Fax 973-835-6631
Newton Office
100B Main Street
Newton, N.J. 07860
973-579-3212
Fax 973-579-7128
INDEPENDENT AUDITOR'S REPORT ON INTERNAL CONTROL OVER

FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS
BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN
ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS
Honorable Mayor and

Township of Mansfield
Port Murray, N.J. 07865
We have audited, in accordance with auditing standards generally accepted in the United States of
America; audit requirements as prescribed by the Division of Local Government Services, Department of
Community Affairs, State of New Jersey; and the standards applicable to financial audits contained in
Government Auditing Standards, issued by the Comptroller General of the United States, the financial
statements-regulatory basis of the Township of Mansfield in the County of Warren as of and for the year
ended December 31, 2012 and the related notes to the financial statements, and have issued our report
thereon dated June 27, 2013, which was adverse due to being presented in accordance with New Jersey
regulatory basis of accounting and qualified that we did not audit the Fixed Asset account group.
Internal Control Over Financial Reporting
In planning and performing our audit of the financial statements-regulatory basis, we considered the
Township of Mansfield's internal control over financial reporting to determine the audit procedures that
are appropriate in the circumstances for the purpose of expressing our opinions on the financial statementsregulatory basis, but not for the purpose of expressing an opinion on the effectiveness of the Township of
Mansfield's internal control. Accordingly, we do not express an opinion on the effectiveness of the
Township of Mansfield's internal control.
A deficiency in internal control exists when the design or operation of a control does not allow
management or employees, in the normal course of performing their assigned functions, to prevent, or
detect and correct misstatements on a timely basis. A material weakness is a deficiency, or combination
of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement
of the entity's financial statements will not be prevented, or detected and corrected on a timely basis. A
significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe
than a material weakness, yet important enough to merit attention by those charged with governance.
89
Honorable Mayor and

Page 2
Our consideration of internal control was for the limited purpose described in the first paragraph of this
section and was not designed to identify all deficiencies in internal control that might be material
weaknesses or significant deficiencies. Given these limitations, during our audit we did not identify any
deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses
may exist that have not been identified.
Compliance and Other Matters

As part of obtaining reasonable assurance about whether the Township of Mansfield's financial
statements-regulatory basis are free of material misstatement, we performed tests of its compliance with
certain provisions of laws, regulations, contracts and grant agreements, noncompliance with which could
have a direct and material effect on the determination of financial statement amounts. However, providing
an opinion on compliance with those provisions was not an objective of our audit and, accordingly, we
do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other
matters that are required to be reported under Government Auditing Standards.
In addition, we noted certain immaterial instances of noncompliance that we have reported to the
management of the Township of Mansfield in the accompanying comments and recommendations section
of this report.
Purpose of this Report

The purpose of this report is solely to describe the scope of our testing of internal control and compliance
and the results of that testing, and not to provide an opinion on the effectiveness of the Township of
Mansfield internal control or on compliance. This report is an integral part of an audit performed in
accordance with Government Auditing Standards in considering the Township of Mansfield internal
controls and compliance. Accordingly, this communication is not suitable for any other purpose.
Thomas M. Ferry, CPA

No. 497
le/
re-ds.4.4-1, "TA.
FERRAIOLI, WIELKOTZ, CERULLO & CUVA, P.A.

June 27, 2013
(Fwc
90
SCHEDULE OF FINDINGS AND QUESTIONED COSTS
Summary of Auditor's Results:

Not applicable
Findings Relating to the Financial Statements which are required to be Reported in Accordance
with Generally Accepted Government Auditing Standards:
Not applicable
Findings and Questioned Costs for Federal Awards:

Not applicable
Findings and Questioned Costs for State Awards:

Not applicable
91
SUMMARY SCHEDULE OF PRIOR AUDIT FINDINGS
FOR THE YEAR ENDED DECEMBER 31, 2012
Finding 2011-01:
Condition:
The Township of Mansfield did not properly update Fixed Assets for additions and deletions as required
by Technical Accounting Directive 85-2 and New Jersey Administrative Code 5:30-5.6.
Current Status:
Corrective action has been taken.
92
GENERAL COMMENTS
Cash Balances
Cash balances in all funds were verified by independent certificates obtained from the depositories as of
December 31, 2012, and at June 27, 2013, in connection with the supplemental reconciliations made for
all officials. Cash on hand was counted on that date.
Contracts and Agreements Required to be Advertised for N.J. S.A. 40A:11-4

N.J. S.A. 40A:11-3 states:
a. "When the cost or price of any contract awarded by the contracting agent in the aggregate does not
exceed in a contract year the total sum of $17,500, the contract may be awarded by a purchasing agent
when so authorized by ordinance or resolution, as appropriate to the contracting unit, of the governing
body of the contracting unit without public advertising for bids, except that the governing body of any
contracting unit may adopt an ordinance or resolution to set a lower threshold for the receipt of public bids
or the solicitation of competitive quotations. If the purchasing agent is qualified pursuant to subsection
b. of section 9 of P.L. 1971, e.198 (C.40A:11-9), the governing body of the contracting unit may establish
that the bid threshold may be up to $25,000. Such authorization may be granted for each contract or by
a general delegation of the power to negotiate and award such contracts pursuant to this section.
b. Any contracts made pursuant to this section may be awarded for a period of 24 consecutive months,
except that contracts for professional services pursuant to subparagraph (I) of paragraph (a) of subsection
(1) of section 5 of P.L. 1971, c.198 (C.40A:11-5) may be awarded for a period not exceeding 12
consecutive months. The Division of Local Government Services shall adopt and promulgate rules and
regulations concerning the methods of accounting for all contracts that do not coincide with the contracting
unit's fiscal year.
c. The Governor, in consultation with the Department of the Treasury, shall, no later than March 1 of
every fifth year beginning in the fifth year after the year in which P.L. 1999, c.440 takes effect, adjust the
threshold amount and the higher threshold amount which the governing body is permitted to establish, as
set forth in subsection a. of this section, or the threshold amount resulting from any adjustment under this
subsection, in direct proportion to the rise or fall of the index rate as that term is defined in section 2 of
P.L. 1971, c.198 (C.40A:11-2), and shall round the adjustment to the nearest $1,000. The Governor shall,
no later than June 1 of every fifth year, notify each governing body of the adjustment. That adjustment
shall become effective on July 1 of the year in which it is made."
N.J.S.A. 40A:11-4 states: "Every contract awarded by the contracting agent for the provision or
performance of any goods or services, the cost of which in the aggregate exceeds the bid threshold, shall
be awarded only by resolution of the governing body of the contracting unit to the lowest responsible
bidder after public advertising for bids and bidding therefore, except as is provided otherwise in this act
or specifically by any other law. The governing body of a contracting unit may, by resolution approved
by a majority of the governing body and subject to subsection b. and c. of this section, disqualify a bidder
who would otherwise be determined to be the lowest responsible bidder, if the governing body finds that
it has had prior negative experience with the bidder."
93
GENERAL COMMENTS (CONTINUED)

Contracts and Agreements Required to be Advertised for N.J.S.A. 40A:11-4 (continued)
Effective January 1, 2011, the bid threshold in accordance with N.J. S. 40A:11-3 and 40A:11-4 (as
amended) is $17,500.00 and with a qualified purchasing agent the threshold may be up to $36,000.00.
The Governing Body of the Township of Mansfield have the responsibility of determining whether the
expenditures in any category will exceed the bid threshold within the fiscal year and where question arises
as to whether any contract or agreement might result in violation of the statute, the Township Attorney's
opinion should be sought before a commitment is made.
The minutes indicated the bids were requested by public advertising per N.J. S .A. 40A:11-4. The minutes
also indicated that resolutions were adopted authorizing the awarding of contracts or agreements for
"Professional Services" per N.J.S.A. 40A:11-5.
Inasmuch as the system of records did not provide for the accumulation of payments for categories for the
performance of any work or the furnishing or hiring of any material or supplies, the results of such an
accumulation could not reasonably be ascertained. Disbursements were reviewed, however, to determine
whether any clear cut violation existed. None were noted.
Our review of the Township's minutes indicated that resolutions were adopted authorizing the awarding
of contracts or agreements for "Professional Services" per N.J.S.A. 40A:11-5.
Our examination of expenditures did not reveal any individual payments, contracts or agreements in excess
of the statutory threshold "for the performance of any work or the furnishing or hiring of any materials or
supplies," other than those where bids had been previously sought by public advertisement or where a
resolution had been previously adopted under the provisions of N.J.S.A. 40A:11-6.
Collection of Interest on Delinquent Taxes

The statute provides the method for authorizing interest and the maximum rates 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 resolutions on January 1, 2012 authorizing interest to be
charged on delinquent taxes.
"Establish Rate of Interest to be charged for Non-Payment of Taxes on or before the Due Date"
WHEREAS, N.J.S.A. 54:4-67 permits the Governing Body of each municipality to fix the rate of
interest to be charged for late non-payment of taxes or assessments subject to any abatement or discount
for the late payment of taxes as provided by law, and
WHEREAS, N.J.S.A. 54:4-67 has been amended to permit the fixing of said rate at eight percent
(8%) per annum for the first $1,500.00 of the delinquency and eighteen percent (18%) per annum on
amounts in excess of $1,500.00, and allows for an additional penalty of six percent (6%) to be collected
against a delinquency in excess of $10,000.00 from properties that fail to pay the delinquency prior to the
end of the calendar year;
94

Collection of Interest on Delinquent Taxes (continued)
NOW THEREFORE BE IT RESOLVED by the Mayor and Township Committee of the Township
of Mansfield, County of Warren, State of New Jersey as follows:
1)
The Tax Collector is hereby authorized and directed to charge an 8% rate of interest per annum on
the first $1,500.00 of taxes becoming delinquent after due date, and 18% per annum on any amount
of taxes in excess of $1,500.00 becoming delinquent after due date and if a delinquency is in excess
of $10,000.00 and remains in arrears beyond December 31', an additional penalty of 6% shall be
charged against the delinquency.
2)
Effective January 1, 2012 there will be a ten (10) day grace period of quarterly tax payments made
by cash, check or money order.
3)
Any payments not made in accordance with paragraph two of this resolution shall be charged interest
from the due date as set forth in paragraph one of this resolution. It appears from an examination
of the Tax Collector's records and of the Utility Collector's records that interest was collected in
accordance with the forgoing resolutions.
Delinquent Taxes and Tax Title Liens

The last tax sale was held on October 10, 2012 and was complete, except for properties in Bankruptcy
Court.
Inspection of tax sale certificates on file revealed that all tax sale certificates were available for audit.
The following comparison is made of the number of tax title liens receivable on December 31 of the last
three years:
Year
Number of Liens
2012
142
123
2011
2010
114
It is essential to good management that all means provided by statute be utilized to liquidate tax title liens
in order to get such properties back on a taxpaying basis.
Verification of Delinquent Taxes and Other Charges

A test verification of delinquent charges and current payments was made in accordance with the
regulations of the Division of Local Government Services.
The result of the test which was made as of December 31, 2012 is not yet known, but a separate report will
be rendered if any irregularities are developed.
In addition, analytical review procedures were utilized to ascertain the validity of the receivables.
95

Municipal Court
The report required by statute covering the accounts of the Municipal Court has been filed under separate
cover with the Judge, Township Clerk and Division of Local Government Services. We noted however,
that there are internal control problems that are throughout the State of New Jersey Municipal Court
System caused by the implementation of the Automated Traffic System and the Automated Complaint
System.
Finance
1. The general ledger was not properly maintained.
Management Response:
The general ledger will be properly maintained in 2013.
2.
There is a accounts receivable from Hackettstown in general capital that needs to be reviewed and
possibly cancelled.
The accounts receivable from Hackettstown will be reviewed for possible cancellation.
3.
Tax Title Liens should be investigated for possible foreclosure.

Tax title liens will be investigated and foreclosed on, if possible.
4.
There are various federal and state grant receivables that need to be investigated for possible
cancellation.
Federal and state grant receivables will be reviewed for possible cancellation.
5.
The payroll company did not obtain a report on internal controls.

The Township will look into changing payroll companies.
96

Finance (continued)
6. There are negative balances in Police Outside Services that need to be collected.
Balances owed in Police Outside Services will be collected.
Interfunds
1. Reference to various balance sheets show interfund balances remaining at year end. Transactions
invariably occur in one fund which require a corresponding entry to be made in another fund, thus
creating interfund balances. As a general rule, all interfund balances should be closed out as of the
end of year.
It is the Township's policy to review and liquidate all interfund balances on a periodic basis.
All bids will be awarded by Mayor and Council.
Outside Offices
1.
Dog reports to the State were not filed for October, November and December.
Dog reports for October, November and December will be filed.
2.
Marriage license reports for the 3r1' and 4th quarter were not filed on a quarterly basis in accordance
with N.J.S.A. 37:1-12.1 et seq.
Marriage license reports will be filed for the 3rd and 4th quarter on a quarterly basis in 2013.
3.
The Planning Board did not follow pay-to-play legislation and did not advertise when awarding
professional service contracts.
The Planning Board will adhere to pay-to-play legislation and will advertise professional service
contracts in the future.
97

Outside Offices (continued)
4.
Construction Code revenue is not being turned over to the Township within a reasonable period of
time.
The Construction Code revenue will be turned over to the Township in a timely manner.
5.
Unable to calculate the Township's share of Construction Code revenues per the contract.
The Construction Code revenue turned over to the Township will agree with the contract.
RECOMMENDATIONS
1.
2.
That a general ledger be properly maintained.

That the accounts receivable, from Hackettstown, in general capital be reviewed for possible
cancellation.
3. That Tax Title Liens are investigated for possible foreclosure.
4. That grant receivable balances in federal and state grant fund be reviewed for possible cancellation.
5. That the payroll company obtain a report on internal controls.
6. That interfunds be liquidated prior to end of year.
7. That the negative balances in Police Outside Services be collected.
8. That dog reports be filed on a monthly basis.
9. That marriage license reports be filed on a quarterly basis in accordance with N.J.S.A. 37:1-12.1 et
seq.
10. That the Planning Board adhere to pay-to-play legislation and advertise for professional service
contracts.
11. That the Construction Code revenues be turned over to the Township in a timely manner.
12. That the Township's share of Construction Code revenues be turned over per the contract.
98
Status of Prior Years Audit Findings/Recommendations

A review was performed on all prior years' recommendations and corrective action was taken on all
findings, except for the following:
1.
2.
3.
4.
That Tax Title Liens are investigated for possible foreclosure.

That grant receivable balances in federal and state grant fund be reviewed for possible cancellation.
That interfunds be liquidated prior to end of year.
That the payroll company obtain a report on internal controls.
**********
The problems and weaknesses notes in our review were not of such magnitude that they would affect our
ability to express an opinion on the financial statements taken as a whole.
Should any questions arise as to our comments or recommendations, or should you desire assistance in
implementing our recommendations, please do not hesitate to call us.
Very truly yours,
homas M. Ferry, CPA

No. 497
-7-4-1.4.14440
ea4,0a4 0,,44.42....
FERRAIOLI, WIELKOTZ, CERULLO, & CUVA, P.A.

99

2012 Mansfield Township Audit Report

Enviado por

Dados do documento

Descrição original:

Título original

Direitos autorais

Formatos disponíveis

Compartilhar este documento

Compartilhar ou incorporar documento

Opções de compartilhamento

Você considera este documento útil?

Este conteúdo é inapropriado?

Direitos autorais:

Formatos disponíveis

2012 Mansfield Township Audit Report

Enviado por

Direitos autorais:

Formatos disponíveis

REPORT OF AUDIT

TOWNSHIP OF MANSFIELD, N.J.

GENERAL CAPITAL FUND

NOTES TO FINANCIAL STATEMENTS

CURRENT FUND (continued)

GENERAL CAPITAL. FUND

INDEPENDENT AUDITOR'S REPORT ON INTERNAL CONTROL OVER

SCHEDULE OF FINDINGS AND QUESTIONED COSTS

STATUS OF PRIOR YEARS AUDIT FINDINGS/RECOMMENDATIONS

Ferraioli, Wielkotz, Cerullo & Cuva, P.A.

Certified Public Accountants

INDEPENDENT AUDITOR'S REPORT

Honorable Mayor and

The Honorable Mayor and

Honorable Mayor and

homas M. Ferry, C.P.A.

FERRAIOLI, WIFLKOTZ, CERULLO & CUVA, P.A.

Statement of Revenues - Regulatory Basis

Balance for Support of Municipal

Add : Appropriation - Reserve for

Amount for Support of Municipal

Receipts from Delinquent Taxes:

Analysis of Non-budget Revenues

Sr. Citizen and Veteran Admin. Fees

1., ;=LLi)L "d

Year Ended December 31, 2012

0 kr) N oe) N.0

Statement of Expenditures - Regulatory Basis

Township of Mansfield, N.J.

'41.2 W .9. 6 W E ca3 41 c11-1 It W .E 6W

Year EndedDecember 31, 2012

Township of Mansfield, N.J.

0-. .-0 a) -zi "0 cu --.

Year Ended December 31, 2012

Statement of Expenditures - Regulatory Basis

Township of Mansfield, N.J.

cs, 0 .71- kr) N

Year Ended December 31, 2012

Statement of Expenditures - Regulatory Basis

Township of Mansfield, N.J.

Year EndedDecember 31, 2012

Statement of Expenditures - Regulatory Basis

Township of Mansfield, N.J.

84, (-) 5 3.3 5

tr) rI a a c> c>

000 47J- <,-.)

Year Ended December 31, 2012

O kr) a kel CZ) CD CZ) 0

Statement of Expenditures - Regulatory Basis

Township of Mansfield, N.J.

0 ,-) -EL,-1 '

-'''' ,._ 6 ,4 _r:,

g :C9 , 4-1 b.0 Cn

Year Ended December 31, 2012

Statement of Expenditures - Regulatory Basis

Township of Mansfield, N.J.

(z) kr) DO O d Nc:N

Year Ended December 31, 2012

Statement of Expenditures - Regulatory Basis

Township of Mansfield, N.J.

41.), C73 u (1)

Other Trust Funds: