DELRAN TWP FIRE DISTRICT #1 BALANCE SHEET

DELRAN TWP FIRE DISTRICT #1 BALANCE SHEET As required by N.J.S.A. 40A:5A-15, the following is a synopsis of the audit of the financial statement and supplementary data for the year ended December 31, 2024. Assets: Cash:$1,764,672 Investments:$1,002,769 Other Receivables:$585,730 Prepaid Expense:$10,404 Total Assets:$3,363,575 Liabilities & Fund Balances: Liabilities: Accounts Payable:$118,383 Payroll Lability:$209 Total Liabilities: $118,592 Fund Balances: Restricted for Capital Reserve: $637,989 Restricted for Capital Projects: $92,045 Unassigned: $2,514,949 Total Fund Balances: $ 3,244,983 Total Liabilities & Fund Balances:$3,363,575 STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES GOVERNMENTAL FUNDS FOR THE YEAR ENDED DECEMBER 31, 2024 Miscellaneous Revenues: Interest on Investments:$4,645 Operating Grant Revenue:$46,041 Uniform Fire Safety Act:$132,771 Other:$1,070 Total Miscellaneous Revenues:$184,527 Total Revenues:$184,527 Amount to be Raised by Taxation to Support the District Budget:$2,342,922 Total Anticipated Revenues:$2,527,449 Expenditures: Administration:$449,538 Cost of Operations:$1,168,121 Uniform Fire Safety Act:$331,525 Aid to Emergency Squad:$50,000 Debt Service:$325,500 Total Expenditures:$ 2,324,684 Excess/(Deficiency) of Revenues Over/(Under) Expenditures:$202,765 Fund Balance, January 1:$3,042,218 Fund Balance, December 31:$3,244,983 For the year ended December 31, 2024 there were the following recommendations: NONE The above synopsis was prepared from the report of the audit of Delran Township Fire District No. 1 as of December 31, 2024. This report of audit, submitted by Holt McNally & Associates, Inc., Certified Public Accountants, is on file at the office of Delran Township Fire District No. 1, 900 Chester Avenue, Delran, New Jersey and may be inspected by any interested person. November 19 2025 LNYS0408202 $55.38