[{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":122,"line":34,"text":"Dec. 31, 2025 at Dec. 31, 2025 Recommended        2026 Budget      Budgets Worker's Compensation                 $ 12,649,594.38 $   9,131,486.00 $   3,518,108.38 $   50,000.00 $ (3,568,108.38) Self-Insurance Police Professionals      1,023,348.39        60,695.00       962,653.39      1,000.00     (963,653.39) Self-Insurance Public Officials          1,532,629.51              -       1,532,629.51      1,000.00   (1,533,629.51)","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":122,"line":35,"text":"Worker's Compensation                 $ 12,649,594.38 $   9,131,486.00 $   3,518,108.38 $   50,000.00 $ (3,568,108.38) Self-Insurance Police Professionals      1,023,348.39        60,695.00       962,653.39      1,000.00     (963,653.39) Self-Insurance Public Officials          1,532,629.51              -       1,532,629.51      1,000.00   (1,533,629.51) General Liability                        1,198,632.76       108,150.00     1,090,482.76      1,000.00   (1,091,482.76)","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":122,"line":36,"text":"Self-Insurance Police Professionals      1,023,348.39        60,695.00       962,653.39      1,000.00     (963,653.39) Self-Insurance Public Officials          1,532,629.51              -       1,532,629.51      1,000.00   (1,533,629.51) General Liability                        1,198,632.76       108,150.00     1,090,482.76      1,000.00   (1,091,482.76) Automobile Liability                       560,366.55              -         560,366.55      1,000.00     (561,366.55)","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":122,"line":42,"text":" Note 18. Contracts Payable  The County has committed design and construction contracts outstanding at December 31, 2025. These","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":122,"line":44,"text":" The County has committed design and construction contracts outstanding at December 31, 2025. These contracts are not accounted for separately. Contracts are encumbered at the time the bids are awarded. Outstanding contracts at year-end are reflected as encumbrances on the balance sheets of the respective","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":122,"line":45,"text":"The County has committed design and construction contracts outstanding at December 31, 2025. These contracts are not accounted for separately. Contracts are encumbered at the time the bids are awarded. Outstanding contracts at year-end are reflected as encumbrances on the balance sheets of the respective funds of the County.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":122,"line":46,"text":"contracts are not accounted for separately. Contracts are encumbered at the time the bids are awarded. Outstanding contracts at year-end are reflected as encumbrances on the balance sheets of the respective funds of the County.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":123,"line":3,"text":" NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED DECEMBER 31, 2025 ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":123,"line":10,"text":" The County receives financial assistance from the State of New Jersey and the U. S. Government in the form of grants. Entitlement to the funds is generally conditional upon compliance with terms and conditions of the financial assistance agreements and applicable regulations, including the expenditure of","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":123,"line":11,"text":"The County receives financial assistance from the State of New Jersey and the U. S. Government in the form of grants. Entitlement to the funds is generally conditional upon compliance with terms and conditions of the financial assistance agreements and applicable regulations, including the expenditure of the funds for eligible purposes. Substantially all grants, entitlements and cost reimbursements are subject","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":123,"line":12,"text":"form of grants. Entitlement to the funds is generally conditional upon compliance with terms and conditions of the financial assistance agreements and applicable regulations, including the expenditure of the funds for eligible purposes. Substantially all grants, entitlements and cost reimbursements are subject to financial and compliance audits by grantors.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":123,"line":13,"text":"conditions of the financial assistance agreements and applicable regulations, including the expenditure of the funds for eligible purposes. Substantially all grants, entitlements and cost reimbursements are subject to financial and compliance audits by grantors. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":123,"line":14,"text":"the funds for eligible purposes. Substantially all grants, entitlements and cost reimbursements are subject to financial and compliance audits by grantors.  As a result of these audits, costs previously reimbursed could be disallowed and require repayment to the","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":123,"line":16,"text":" As a result of these audits, costs previously reimbursed could be disallowed and require repayment to the grantor agency. As of December 31, 2025, the County estimates that no material liabilities will result from such audits.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":123,"line":17,"text":"As a result of these audits, costs previously reimbursed could be disallowed and require repayment to the grantor agency. As of December 31, 2025, the County estimates that no material liabilities will result from such audits. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":123,"line":22,"text":" The Board of School Estimates approved an Appropriation of $25,346,751.00 for the Ocean County Vocational Technical School Year July 1, 2025 to June 30, 2026. The County funded this amount by appropriating $25,346,751.00 in the County\u2019s 2025 budget.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":123,"line":24,"text":"Vocational Technical School Year July 1, 2025 to June 30, 2026. The County funded this amount by appropriating $25,346,751.00 in the County\u2019s 2025 budget.  The Board of School Estimates approved an Appropriation of $18,623,958.00 for the Ocean County","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":123,"line":26,"text":" The Board of School Estimates approved an Appropriation of $18,623,958.00 for the Ocean County College Year July 1, 2025 to June 30, 2026. The County funded this amount by appropriating $18,623,958.00 in the County\u2019s 2025 budget.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":123,"line":27,"text":"The Board of School Estimates approved an Appropriation of $18,623,958.00 for the Ocean County College Year July 1, 2025 to June 30, 2026. The County funded this amount by appropriating $18,623,958.00 in the County\u2019s 2025 budget. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":123,"line":28,"text":"College Year July 1, 2025 to June 30, 2026. The County funded this amount by appropriating $18,623,958.00 in the County\u2019s 2025 budget.  Note 21. Litigation","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":123,"line":34,"text":"believed that the outcome, or exposure to the County, from such litigation is either unknown or potential losses, if any, would not be material to the financial statements.  Note 22. Subsequent Events","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":123,"line":38,"text":" The County has evaluated subsequent events through June 30, 2026, the date the financial statements were available to be issued. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":123,"line":42,"text":"On March 4, 2026, an Ordinance authorizing the Rehabilitation and Repair of Various Bridges, in the County of Ocean, State of New Jersey, appropriating $5,500,000 therefor an authorizing the issuance of $5,225,000 in Bonds or Bond Anticipation Notes of the County of Ocean to finance the same. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":123,"line":46,"text":"On March 4, 2026, an Ordinance authorizing the Installation of New and Upgraded Traffic Control Devices at Various Locations, all in the County of Ocean, State of New Jersey, appropriating $5,500,000 therefor an authorizing the issuance of $5,225,000 in Bonds or Bond Anticipation Notes of the County of Ocean to finance the same.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":123,"line":50,"text":" On March 4, 2026, an Ordinance appropriating the sum of $5,000,000 from the Capital Improvement Fund authorizing the Development and Construction of Manchester Park, located in Manchester Township, County of Ocean, State of New Jersey.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":124,"line":3,"text":" NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED DECEMBER 31, 2025 ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":124,"line":8,"text":" On March 4, 2026, an Ordinance appropriating the sum of $1,200,000 from the Capital Improvement Fund authorizing the Purchase of Prosecutor\u2019s Body Camera, Software and Related Equipment for the County of Ocean, State of New Jersey","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":124,"line":9,"text":"On March 4, 2026, an Ordinance appropriating the sum of $1,200,000 from the Capital Improvement Fund authorizing the Purchase of Prosecutor\u2019s Body Camera, Software and Related Equipment for the County of Ocean, State of New Jersey ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":124,"line":13,"text":"On May 27, 2026, An Ordinance authorizing Various Engineering, Road, and Bridge Improvements, at Various Locations, all in the County of Ocean, State of New Jersey, and appropriation $8,500,000 therefor and authorizing the issuance of $8,000,000 in Bonds or Bond Anticipation Notes of the County of Ocean to finance the same.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":124,"line":17,"text":" On May 27, 2026, An Ordinance appropriating the sum of $5,500,000 from the Capital Improvement Fund for the Construction of Stormwater Management Facilities at Various Locations, all in the County of Ocean, State of New Jersey.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":124,"line":21,"text":" On May 27, 2026, An Ordinance appropriating the sum of $5,500,000 from the Capital Improvement Fund for the Design and Reconstruction and Resurfacing of Certain County Roads, at Various Locations, all in the County of Ocean, State of New Jersey.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":124,"line":25,"text":" On May 27, 2026, An Ordinance appropriating the sum of $5,500,000 from the Capital Improvement Fund for the Reconstruction and Resurfacing of Certain County Roads, all located in the County of Ocean, State of New Jersey.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":124,"line":31,"text":"1518-003), Located in the Township of Manchester, in the County of Ocean, State of New Jersey, and appropriating $4,000,000 therefor and authorizing the issuance of $3,800,000 in Bonds or Bond Anticipation Notes of the County of Ocean to finance the same. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":124,"line":35,"text":"On May 27, 2026, An Ordinance authorizing the Reconstruction and Resurfacing of Certain County Roads, all located in the County of Ocean, State of New Jersey, and appropriating $11,941,115 therefor and authorizing the issuance of $11,941,115 in Bonds of Bond Anticipation Notes of the County of Ocean to finance the same.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":124,"line":40,"text":"On May 27, 2026, An Ordinance authorizing the Construction of the CR 539 Overpass, located in Plumsted Township, in the County of Ocean, State of New Jersey, and appropriating $14,000,000 therefor and authorizing the issuance of $13,300,000 in Bonds or Bond Anticipation Notes of the County of Ocean to finance the same.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":124,"line":46,"text":"Improvements, located in Jackson and Toms River Townships, in the County of Ocean, State of New Jersey, and Appropriating $5,000,000 therefor and authorizing the issuance of $4,750,000 in Bonds or Bond Anticipation Notes of the County of Ocean to finance the same. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":125,"line":3,"text":" NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED DECEMBER 31, 2025 ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":125,"line":9,"text":"On May 27, 2026, An Ordinance authorizing the Construction of Intersection Improvements, located in Various Townships, in the County of Ocean, State of New Jersey, and appropriating $2,500,000 therefor and authorizing the issuance of $2,375,000 in Bonds or Bond Anticipation Notes of the County of Ocean to finance the same.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":125,"line":13,"text":" On May 27, 2026, An Ordinance appropriating the sum of $5,000,000 from the Capital Improvement Fund for the Municipal Sidewalk Program in Various Townships, all located in the County of Ocean, State of New Jersey.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":125,"line":17,"text":" On May 27, 2026, An Ordinance appropriating the sum of $1,500,000 from the Capital Improvement Fund for the Board of Elections Facility Upgrades, located in Toms River Township, in the County of Ocean, State of New Jersey.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":125,"line":21,"text":" On June 17, 2026, An Ordinance appropriating the sum of $1,400,000 from the Capital Improvement Fund for the Juvenile Detention Facility Renovations and Improvements, located in Toms River Township, in the County of Ocean, State of New Jersey.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":125,"line":26,"text":"On June 17, 2026, An Ordinance authorizing the Capital Renewal and Replacement Facilities FY 2026 Project at Ocean County College located in the County of Ocean, State of New Jersey, and appropriating the aggregate amount of $6,713,917, therefor, including support from the State of New Jersey in the amount of $3,356,958.50 Pursuance to the Provisions of Chapter 12 P.L. 1971 and authorizing the","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":125,"line":31,"text":" On June 17, 2026, An Ordinance appropriating the sum of $750,000 from the Capital Improvement Fund to Upgrade Chemical Tank Systems at Various Road Garages, all located in the County of Ocean, State of New Jersey.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":125,"line":35,"text":" On June 17, 2026, An Ordinance appropriating the sum of $1,700,000 from the Capital Improvement Fund for the Cost of Renovations, Improvements and Upgrades at the Northern Recycling Center located in Lakewood Township, in the County of Ocean, State of New Jersey.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":125,"line":39,"text":" On June 17, 2026, An Ordinance appropriating the sum of $1,800,000 from the Capital Improvement Fund for the Cost of Berkeley Island Bulkhead Repair and Living Shoreline Protection, Berkeley Township, in the County of Ocean, State of New Jersey.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":125,"line":45,"text":"Ocean County Airport, Located in Berkeley Township, in the County of Ocean, State of New Jersey, and appropriating $10,750,000 therefor and authorizing the issuance of $10,150,000 in Bonds or Bond Anticipation Notes of the County of Ocean to finance the same. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":125,"line":50,"text":"the Ocean County Airport, Located in Berkeley Township, in the County of Ocean, State of New Jersey, and appropriating $9,500,00 therefor and authorizing the issuance of $9,000,000 in Bonds or Bond Anticipation Notes of the County of Ocean to finance the same.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":126,"line":3,"text":" NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED DECEMBER 31, 2025 ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":126,"line":8,"text":" On June 17, 2026, An Ordinance appropriating the sum of $2,500,000 from the Capital Improvement Fund for the Design of Various Construction Projects, all in the County of Ocean, State of New Jersey. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":126,"line":11,"text":" On June 17, 2026, An Ordinance appropriating the sum of $5,000,000 form the Capital Improvement Fund for the Cost of Renovations, Improvements and Upgrades to the Vocational Technical School Facilities at Ocean County College, located in Toms River Township, in the County of Ocean, State of","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":126,"line":16,"text":" On June 17, 2026, An Ordinance appropriating the sum of $2,000,000 from the Capital Improvement Fund for the Cost of Renovations, Improvements and Upgrades at the Brick Township Location of the County Vocational Technical School, in the County of Ocean, State of New Jersey.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":126,"line":20,"text":" On June 17, 2026, An Ordinance appropriating the sum of $3,000,000 from the Capital Improvement Fund for the Cost of Building Access Controls, Various Locations, all in the County of Ocean, State of New Jersey.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":129,"line":24,"text":"PRINCIPAL         INTEREST                     PRINCIPAL       INTEREST YEAR          AMOUNT             RATE           YEAR         AMOUNT           RATE  2027         $3,035,000          5.000%         2034       $3,900,000         5.000%","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":130,"line":10,"text":"participants. Such participants shall be responsible for maintaining records regarding the beneficial ownership interests in the Bonds on behalf of individual purchasers. Individual purchases may be made in the principal amount of $1,000 or more through book-entries on the books and records of DTC and its participants.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":130,"line":11,"text":"beneficial ownership interests in the Bonds on behalf of individual purchasers. Individual purchases may be made in the principal amount of $1,000 or more through book-entries on the books and records of DTC and its participants. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":130,"line":32,"text":"copies of the Ordinances and the Resolution; (b) such matters of law including, inter alia, the Act and the Internal Revenue Code of 1986, as amended (the \"Code\"); and (c) such other agreements, proceedings, certificates, records, approvals, resolutions and documents as to various matters with respect to the issuance of the Bonds as we have deemed necessary. We have further assumed and","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":131,"line":14,"text":"is not treated as a preference item in calculating the alternative minimum tax imposed by the Code, however, interest on the Bonds is included in the \"adjusted financial statement income\" of certain corporations that are subject to the alternative minimum tax under Section 55 of the Code. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":131,"line":22,"text":"5.    The power and obligation of the County to pay the Bonds is unlimited, and the County shall be required to levy ad valorem taxes upon all taxable real property within the County for the payment of the principal of and interest on the Bonds without limitation as to rate or amount. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":131,"line":23,"text":"County shall be required to levy ad valorem taxes upon all taxable real property within the County for the payment of the principal of and interest on the Bonds without limitation as to rate or amount.  For purposes of this opinion, the enforceability (but not the validity) of the documents","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":131,"line":36,"text":"We express no opinion herein as to the adequacy or accuracy of any official statement, private placement memorandum or other offering material pertaining to the offering of the Bonds.  DILWORTH PAXSON LLP","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":132,"line":23,"text":" Year                     Principal Amount                 Interest Rate 2027                         $655,000                         5.000% 2028                          650,000                         5.000","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":132,"line":40,"text":"participants. Such participants shall be responsible for maintaining records regarding the beneficial ownership interests in the Bonds on behalf of individual purchasers. Individual purchases may be made in the principal amount of $1,000 or more thereof through book-entries on the books and records of DTC and its participants.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":132,"line":41,"text":"beneficial ownership interests in the Bonds on behalf of individual purchasers. Individual purchases may be made in the principal amount of $1,000 or more thereof through book-entries on the books and records of DTC and its participants. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":133,"line":17,"text":"copies of the Resolution and the Ordinance; (b) such matters of law, including, inter alia, the Act, the County College Bond Act and the Internal Revenue Code of 1986, as amended (the \"Code\"); and (c) such other agreements, proceedings, certificates, records, approvals, resolutions and documents as to various matters with respect to the issuance of the Bonds as we have deemed","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":133,"line":18,"text":"the County College Bond Act and the Internal Revenue Code of 1986, as amended (the \"Code\"); and (c) such other agreements, proceedings, certificates, records, approvals, resolutions and documents as to various matters with respect to the issuance of the Bonds as we have deemed necessary. We have further assumed and relied upon the genuineness, accuracy and completeness","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":133,"line":44,"text":"minimum tax imposed by the Code, however, interest on the Bonds is included in the \"adjusted financial statement income\" of certain corporations that are subject to the alternative minimum tax under Section 55 of the Code. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":134,"line":12,"text":"5.    The power and obligation of the County to pay the Bonds is unlimited, and the County shall be required to levy ad valorem taxes upon all taxable real property within the County for the payment of the principal of and interest on the Bonds without limitation as to rate or amount. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":134,"line":13,"text":"County shall be required to levy ad valorem taxes upon all taxable real property within the County for the payment of the principal of and interest on the Bonds without limitation as to rate or amount.  For purposes of this opinion, the enforceability (but not the validity) of the documents","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":134,"line":26,"text":"We express no opinion herein as to the adequacy or accuracy of any official statement, private placement memorandum or other offering material pertaining to the offering of the Bonds.  DILWORTH PAXSON LLP","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":137,"line":13,"text":"Section 1.        Purpose of the Disclosure Certificate. This Disclosure Certificate is being executed and delivered by the Issuer for the benefit of the Bondholders and Beneficial Owners of the Bonds and in order to assist the Participating Underwriter in complying with the provisions of Rule 15c2-12(b)(5) promulgated by the Securities and Exchange Commission (\"SEC\") under the Securities Exchange Act of 1934, as the same may be amended from","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":137,"line":45,"text":" \"Financial Obligation\" means a (i) debt obligation; (ii) derivative instrument entered into in connection with, or pledged as security or a source of payment for, an existing or planned debt obligation; or (iii) guarantee of (i) or (ii). The term \"Financial Obligation\" shall not include municipal securities as to which a final official statement has","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":137,"line":46,"text":"\"Financial Obligation\" means a (i) debt obligation; (ii) derivative instrument entered into in connection with, or pledged as security or a source of payment for, an existing or planned debt obligation; or (iii) guarantee of (i) or (ii). The term \"Financial Obligation\" shall not include municipal securities as to which a final official statement has been provided to the MSRB consistent with the Rule.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":137,"line":47,"text":"or pledged as security or a source of payment for, an existing or planned debt obligation; or (iii) guarantee of (i) or (ii). The term \"Financial Obligation\" shall not include municipal securities as to which a final official statement has been provided to the MSRB consistent with the Rule. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":138,"line":27,"text":"submitted as a single document or as separate documents comprising a package, and may cross-reference other information as provided in Section 4 of this Disclosure Certificate; provided that the audited financial statements of the Issuer may be submitted separately from the balance of the Annual Report and later than the date required above for the filing of the Annual Report if they are not available by that date. If the","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":138,"line":43,"text":"(c)     The Dissemination Agent shall file a report with the Issuer certifying that the Annual Report has been provided to the MSRB pursuant to this Disclosure Agreement, stating the date it was provided. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":138,"line":49,"text":" 1.       The audited financial statements of the Issuer for the prior fiscal year, prepared in accordance with generally accepted accounting standards (GAAS) as from time to time in effect, and as prescribed by the Division of Local Government Services in the Department of Community","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":138,"line":53,"text":"Affairs of the State pursuant to Chapter 5 of Title 40A of the New Jersey Statutes. If the Issuer's audited financial statements are not available by the time the Annual Report is required to be filed pursuant to Section 3(a), the Annual Report shall contain unaudited financial statements and the audited financial statements shall be filed in the same manner as the Annual Report when they","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":138,"line":54,"text":"audited financial statements are not available by the time the Annual Report is required to be filed pursuant to Section 3(a), the Annual Report shall contain unaudited financial statements and the audited financial statements shall be filed in the same manner as the Annual Report when they become available.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":138,"line":55,"text":"pursuant to Section 3(a), the Annual Report shall contain unaudited financial statements and the audited financial statements shall be filed in the same manner as the Annual Report when they become available. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":139,"line":1,"text":"2.       The financial information and operating data set forth in the Official Statement (including Appendix A thereto) dated September 29, 2026 prepared in connection with the sale of the Bonds, under the captions: \u201cSchedule of Bond and Note Maturities\u201d, \u201cTax Information\u201d, \u201cOcean County","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":139,"line":4,"text":"under the captions: \u201cSchedule of Bond and Note Maturities\u201d, \u201cTax Information\u201d, \u201cOcean County Leading Tax Ratables - 2026\u201d, \u201cStatement of Statutory Debt Condition as of June 17, 2026\", \u201cList of Authorized Debt as of June 17, 2026\" and \u201cDebt Ratios\u201d. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":139,"line":5,"text":"Leading Tax Ratables - 2026\u201d, \u201cStatement of Statutory Debt Condition as of June 17, 2026\", \u201cList of Authorized Debt as of June 17, 2026\" and \u201cDebt Ratios\u201d.  Section 5.        Reporting of Significant Events.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":139,"line":12,"text":" 1.       principal and interest payment delinquencies;  2.       non-payment related defaults, if material;","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":139,"line":14,"text":" 2.       non-payment related defaults, if material;  3.       unscheduled draws on debt service reserves reflecting financial difficulties;","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":139,"line":16,"text":" 3.       unscheduled draws on debt service reserves reflecting financial difficulties;  4.       unscheduled draws on credit enhancements reflecting financial difficulties;","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":139,"line":18,"text":" 4.       unscheduled draws on credit enhancements reflecting financial difficulties;  5.       substitution of credit or liquidity providers, or their failure to perform;","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":139,"line":22,"text":" 6.       adverse tax opinions, the issuance by the Internal Revenue Service of proposed or final determinations of taxability. Notices of Proposed Issue (IRS Form 5701-TEB) or other material notices or determinations with respect to the tax status of the security, or other","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":139,"line":32,"text":" 10.      release, substitution, or sale of property securing repayment of the Bonds, if material;  11.      rating changes.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":139,"line":49,"text":"of all or substantially all of the assets of the Issuer, other than in the ordinary course of business, the entry into a definitive agreement to undertake such an action or the termination of a definitive agreement relating to any such actions, other than pursuant to its terms, if material;","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":139,"line":50,"text":"business, the entry into a definitive agreement to undertake such an action or the termination of a definitive agreement relating to any such actions, other than pursuant to its terms, if material; ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":140,"line":1,"text":"15.       incurrence of a Financial Obligation of the Issuer, if material, or agreement to covenants, events of default, remedies, priority rights, or other similar terms of a Financial Obligation of the Issuer, any of which affect Bondholders, if material; and","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":140,"line":2,"text":"15.       incurrence of a Financial Obligation of the Issuer, if material, or agreement to covenants, events of default, remedies, priority rights, or other similar terms of a Financial Obligation of the Issuer, any of which affect Bondholders, if material; and ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":140,"line":6,"text":"16.       default, event of acceleration, termination event, modification of terms, or other similar events under the terms of a Financial Obligation of the Issuer, any of which reflect financial difficulties. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":140,"line":19,"text":"Section 6.         Termination of Reporting Obligation. The Issuer's obligations under this Disclosure Certificate shall terminate upon the legal defeasance, prior redemption or payment in full of all of the Bonds. If such termination occurs prior to the final maturity of the Bonds, the Issuer shall give notice of such termination in the same manner as for a Listed Event under Section 5(c).","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":140,"line":49,"text":"the amendment or waiver and its impact on the type (or in the case of a change of accounting principles, on the presentation) of financial information or operating data being presented by the Issuer. In addition, if the amendment relates to the accounting principles to be followed in preparing financial statements, (i) notice of such change shall be given in the same manner as for a Listed Event under Section 5(c), and (ii) the Annual Report for the year in which","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":140,"line":50,"text":"presentation) of financial information or operating data being presented by the Issuer. In addition, if the amendment relates to the accounting principles to be followed in preparing financial statements, (i) notice of such change shall be given in the same manner as for a Listed Event under Section 5(c), and (ii) the Annual Report for the year in which the change is made should present a comparison (in narrative form and also, if feasible, in quantitative form) between","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":140,"line":53,"text":"the change is made should present a comparison (in narrative form and also, if feasible, in quantitative form) between the financial statements as prepared on the basis of the new accounting principles and those prepared on the basis of the former accounting principles. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":141,"line":9,"text":"Disclosure Certificate any Bondholder or Beneficial Owner of the Bonds may take such actions as may be necessary and appropriate, including seeking mandamus or specific performance by court order, to cause the Issuer to comply with its obligations under this Disclosure Certificate. A default under this Disclosure Certificate shall not be deemed an Event of Default on the Bonds, and the sole remedy under this Disclosure Certificate in the event of any failure of","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":141,"line":20,"text":"excluding liabilities due to the Dissemination Agent's gross negligence or willful misconduct. The obligations of the Issuer under this Section 11 shall survive resignation or removal of the Dissemination Agent and payment of the Bonds. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":141,"line":23,"text":" Section 12.       Beneficiaries. This Disclosure Certificate shall inure solely to the benefit of the Issuer, the Dissemination Agent, the Participating Underwriters and the Bondholders and Beneficial Owners from time to time of the Bonds, and shall create no rights in any other person or entity.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":143,"line":14,"text":"Section 1.        Purpose of the Disclosure Certificate. This Disclosure Certificate is being executed and delivered by the Issuer for the benefit of the Bondholders and Beneficial Owners of the Bonds and in order to assist the Participating Underwriter in complying with the provisions of Rule 15c2-12(b)(5) promulgated by the Securities and Exchange Commission (\"SEC\") under the Securities Exchange Act of 1934, as the same may be amended from","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":143,"line":46,"text":" \"Financial Obligation\" means a (i) debt obligation; (ii) derivative instrument entered into in connection with, or pledged as security or a source of payment for, an existing or planned debt obligation; or (iii) guarantee of (i) or (ii). The term \"Financial Obligation\" shall not include municipal securities as to which a final official statement has","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":143,"line":47,"text":"\"Financial Obligation\" means a (i) debt obligation; (ii) derivative instrument entered into in connection with, or pledged as security or a source of payment for, an existing or planned debt obligation; or (iii) guarantee of (i) or (ii). The term \"Financial Obligation\" shall not include municipal securities as to which a final official statement has been provided to the MSRB consistent with the Rule.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":143,"line":48,"text":"or pledged as security or a source of payment for, an existing or planned debt obligation; or (iii) guarantee of (i) or (ii). The term \"Financial Obligation\" shall not include municipal securities as to which a final official statement has been provided to the MSRB consistent with the Rule. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":144,"line":26,"text":"submitted as a single document or as separate documents comprising a package, and may cross-reference other information as provided in Section 4 of this Disclosure Certificate; provided that the audited financial statements of the Issuer may be submitted separately from the balance of the Annual Report and later than the date required above for the filing of the Annual Report if they are not available by that date. If the","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":144,"line":42,"text":"(c)     The Dissemination Agent shall file a report with the Issuer certifying that the Annual Report has been provided to the MSRB pursuant to this Disclosure Agreement, stating the date it was provided. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":144,"line":48,"text":" 1.      The audited financial statements of the Issuer for the prior fiscal year, prepared in accordance with generally accepted accounting standards (GAAS) as from time to time in effect, and as prescribed by the Division of Local Government Services in the Department of Community Affairs of the","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":144,"line":51,"text":"prescribed by the Division of Local Government Services in the Department of Community Affairs of the State pursuant to Chapter 5 of Title 40A of the New Jersey Statutes. If the Issuer's audited financial statements are not available by the time the Annual Report is required to be filed pursuant to Section 3(a), the Annual Report shall contain unaudited financial statements and the audited financial statements shall be","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":144,"line":53,"text":"statements are not available by the time the Annual Report is required to be filed pursuant to Section 3(a), the Annual Report shall contain unaudited financial statements and the audited financial statements shall be filed in the same manner as the Annual Report when they become available. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":144,"line":56,"text":" 2.       The financial information and operating data set forth in the Official Statement (including Appendix A thereto) dated September 29, 2026 prepared in connection with the sale of the Bonds, under the 2","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":145,"line":2,"text":"captions: \u201cSchedule of Bond and Note Maturities\u201d, \u201cTax Information\u201d, \u201cOcean County Leading Tax Ratables - 2026\u201d, \u201cStatement of Statutory Debt Condition as of June 17, 2026\", \u201cList of Authorized Debt as of June 17, 2026\" and \u201cDebt Ratios\u201d. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":145,"line":3,"text":"- 2026\u201d, \u201cStatement of Statutory Debt Condition as of June 17, 2026\", \u201cList of Authorized Debt as of June 17, 2026\" and \u201cDebt Ratios\u201d.  Section 5.        Reporting of Significant Events.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":145,"line":9,"text":"notice of the occurrence of any of the following events with respect to the Bonds: 1.       principal and interest payment delinquencies;  2.       non-payment related defaults, if material;","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":145,"line":11,"text":" 2.       non-payment related defaults, if material;  3.       unscheduled draws on debt service reserves reflecting financial difficulties;","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":145,"line":13,"text":" 3.       unscheduled draws on debt service reserves reflecting financial difficulties;  4.       unscheduled draws on credit enhancements reflecting financial difficulties;","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":145,"line":15,"text":" 4.       unscheduled draws on credit enhancements reflecting financial difficulties;  5.       substitution of credit or liquidity providers, or their failure to perform;","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":145,"line":19,"text":" 6.       adverse tax opinions, the issuance by the Internal Revenue Service of proposed or final determinations of taxability. Notices of Proposed Issue (IRS Form 5701-TEB) or other material notices or determinations with respect to the tax status of the security, or others","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":145,"line":30,"text":" 10.      release, substitution, or sale of property securing repayment of the Bonds, if material;  11.      rating changes.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":145,"line":47,"text":"of all or substantially all of the assets of the Issuer, other than in the ordinary course of business, the entry into a definitive agreement to undertake such an action or the termination of a definitive agreement relating to any such actions, other than pursuant to its terms, if material;","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":145,"line":48,"text":"business, the entry into a definitive agreement to undertake such an action or the termination of a definitive agreement relating to any such actions, other than pursuant to its terms, if material; ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":145,"line":54,"text":" 15.      incurrence of a Financial Obligation of the Issuer, if material, or agreement to covenants, events of default, remedies, priority rights, or other similar terms of a Financial Obligation of the Issuer, any of which affect Bondholders, if material; and","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":145,"line":55,"text":"15.      incurrence of a Financial Obligation of the Issuer, if material, or agreement to covenants, events of default, remedies, priority rights, or other similar terms of a Financial Obligation of the Issuer, any of which affect Bondholders, if material; and ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":146,"line":2,"text":"16.       default, event of acceleration, termination event, modification of terms, or other similar events under the terms of a Financial Obligation of the Issuer, any of which reflect financial difficulties. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":146,"line":15,"text":"Section 6.         Termination of Reporting Obligation. The Issuer's obligations under this Disclosure Certificate shall terminate upon the legal defeasance, prior redemption or payment in full of all of the Bonds. If such termination occurs prior to the final maturity of the Bonds, the Issuer shall give notice of such termination in the same manner as for a Listed Event under Section 5(c).","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":146,"line":45,"text":"the amendment or waiver and its impact on the type (or in the case of a change of accounting principles, on the presentation) of financial information or operating data being presented by the Issuer. In addition, if the amendment relates to the accounting principles to be followed in preparing financial statements, (i) notice of such change shall be given in the same manner as for a Listed Event under Section 5(c), and (ii) the Annual Report for the year in which","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":146,"line":46,"text":"presentation) of financial information or operating data being presented by the Issuer. In addition, if the amendment relates to the accounting principles to be followed in preparing financial statements, (i) notice of such change shall be given in the same manner as for a Listed Event under Section 5(c), and (ii) the Annual Report for the year in which the change is made should present a comparison (in narrative form and also, if feasible, in quantitative form) between","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":146,"line":49,"text":"the change is made should present a comparison (in narrative form and also, if feasible, in quantitative form) between the financial statements as prepared on the basis of the new accounting principles and those prepared on the basis of the former accounting principles. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":147,"line":6,"text":"Disclosure Certificate any Bondholder or Beneficial Owner of the Bonds may take such actions as may be necessary and appropriate, including seeking mandamus or specific performance by court order, to cause the Issuer to comply with its obligations under this Disclosure Certificate. A default under this Disclosure Certificate shall not be deemed an Event of Default on the Bonds, and the sole remedy under this Disclosure Certificate in the event of any failure of","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":147,"line":17,"text":"excluding liabilities due to the Dissemination Agent's gross negligence or willful misconduct. The obligations of the Issuer under this Section 11 shall survive resignation or removal of the Dissemination Agent and payment of the Bonds. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//b0d34325-364a-4f02-af29-866ef016c6eb.pdf","source_label":"county-budgets-2026-ocean-county-os.pdf","page":147,"line":20,"text":" Section 12.          Beneficiaries. This Disclosure Certificate shall inure solely to the benefit of the Issuer, the Dissemination Agent, the Participating Underwriters and the Bondholders and Beneficial Owners from time to time of the Bonds, and shall create no rights in any other person or entity.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":1,"line":3,"text":" In the opinion of Bond Counsel (as herein defined), assuming continuing compliance with the provisions of the Internal Revenue Code of 1986, as amended (the \u201cCode\u201d) applicable to the Bonds (as herein defined) and subject to certain provisions of the Code which are described herein, under laws, regulations, rulings and judicial decisions existing on the date of the original delivery of the Bonds, interest on the Bonds is excluded from gross income of","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":1,"line":8,"text":"treated as a preference item in calculating the alternative minimum tax imposed by the Code, however, interest on the Bonds is included in the \u201cadjusted financial statement income\u201d of certain corporations that are subject to the alternative minimum tax under Section 55 of the Code. Under the laws of the State of New Jersey, as enacted and construed on the date of the original delivery of the Bonds, interest on the Bonds and gain from the sale thereof are not included in gross income under the New Jersey Gross Income Tax Act. See \u201cTAX MATTERS\u201d herein.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":1,"line":30,"text":"of its participants or the transfers of the interest among its participants. The participants will be responsible for maintaining records regarding the beneficial ownership interest in the Bonds on behalf of the individual purchasers. Individual purchases may be made in the principal amount of $1,000 or more through book entries made on the books and records of DTC and its participants. Individual purchasers of the Bonds will not receive certificates representing their beneficial ownership interest in the Bonds, but each book-entry Bond owner will receive a credit balance on the books of its nominee, and this credit balance","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":1,"line":31,"text":"ownership interest in the Bonds on behalf of the individual purchasers. Individual purchases may be made in the principal amount of $1,000 or more through book entries made on the books and records of DTC and its participants. Individual purchasers of the Bonds will not receive certificates representing their beneficial ownership interest in the Bonds, but each book-entry Bond owner will receive a credit balance on the books of its nominee, and this credit balance will be confirmed by an initial transaction statement stating the details of the Bonds purchased (See \u201cBOOK-ENTRY-ONLY TRANSFER SYSTEM FOR","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":1,"line":33,"text":"beneficial ownership interest in the Bonds, but each book-entry Bond owner will receive a credit balance on the books of its nominee, and this credit balance will be confirmed by an initial transaction statement stating the details of the Bonds purchased (See \u201cBOOK-ENTRY-ONLY TRANSFER SYSTEM FOR THE BONDS\u201d herein). The General Improvement Bonds and Vocational Bonds maturing on or after October 1, 2036 are subject to redemption prior to maturity as more fully","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":1,"line":46,"text":"Interest on the General Improvement Bonds, the Chapter 12 Bonds and the Vocational Bonds will be credited to the participants of DTC as listed in the records of DTC as of each preceding March 15 and September 15 (the \u201cNon-Refunding Bond Record Dates\u201d) for the payment and interest. Interest on the Refunding Bonds will be credited to the participants of DTC as listed in the records of DTC as of each preceding January 15 and July 15 (the \u201cRefunding Bond Record Dates\u201d and together with the Non-Refunding Bond Record Dates, the \u201cRecord Dates\u201d).","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":1,"line":49,"text":"Bond Record Dates\u201d and together with the Non-Refunding Bond Record Dates, the \u201cRecord Dates\u201d). The Bonds are general obligations of the County. The County is authorized and required by law to levy ad valorem taxes upon all taxable real property within the County for the payment of the Bonds and the interest thereon without limitation as to rate or amount. The Chapter 12 Bonds are further entitled to the benefits of the County College Bond Act, Chapter 12 of the Laws of New Jersey of 1971, as amended","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":1,"line":50,"text":"The Bonds are general obligations of the County. The County is authorized and required by law to levy ad valorem taxes upon all taxable real property within the County for the payment of the Bonds and the interest thereon without limitation as to rate or amount. The Chapter 12 Bonds are further entitled to the benefits of the County College Bond Act, Chapter 12 of the Laws of New Jersey of 1971, as amended and supplemented (the \u201cCounty College Bond Act\u201d), which provides that the principal of and interest on the Chapter 12 Bonds will, subject to appropriation,","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":1,"line":51,"text":"within the County for the payment of the Bonds and the interest thereon without limitation as to rate or amount. The Chapter 12 Bonds are further entitled to the benefits of the County College Bond Act, Chapter 12 of the Laws of New Jersey of 1971, as amended and supplemented (the \u201cCounty College Bond Act\u201d), which provides that the principal of and interest on the Chapter 12 Bonds will, subject to appropriation, be paid by the State of New Jersey. However, bonds issued under the County College Bond Act shall not be deemed obligations of the State of New Jersey","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":1,"line":52,"text":"The Chapter 12 Bonds are further entitled to the benefits of the County College Bond Act, Chapter 12 of the Laws of New Jersey of 1971, as amended and supplemented (the \u201cCounty College Bond Act\u201d), which provides that the principal of and interest on the Chapter 12 Bonds will, subject to appropriation, be paid by the State of New Jersey. However, bonds issued under the County College Bond Act shall not be deemed obligations of the State of New Jersey (See \u201cSECURITY FOR THE BONDS\u201d herein).","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":2,"line":4,"text":"Maturity                      Principal October 1                      Amount                      Interest Rate             Yield                CUSIP** 2026                       $1,630,000                       5.000%                 2.200%             674736NM1 2027                        1,550,000                       5.000                  2.130              674736NN9","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":2,"line":29,"text":"Maturity                     Principal August 1                      Amount                       Interest Rate              Yield                CUSIP** 2027                       $6,365,000                        5.000%                  2.190%             674736PJ6 2028                        3,885,000                       5.000                    2.150              674736PK3","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":2,"line":38,"text":"Maturity                       Principal October 1                      Amount                       Interest Rate              Yield                CUSIP** 2026                         $300,000                        5.000%                  2.250%             674736PL1 2027                          300,000                       5.000                    2.180              674736PM9","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":2,"line":53,"text":"after the issuance of the Bonds as a result of various subsequent actions including, but not limited to, a refunding in whole or in part of such maturity or a result of the procurement of secondary market portfolio insurance or other similar enhancements by investors that is applicable to all or a portion of certain maturities of the Bonds.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":3,"line":4,"text":"Maturity                      Principal October 1                      Amount                      Interest Rate             Yield                CUSIP** 2026                       $1,210,000                       5.000%                 2.200%             674736PR8 2027                        1,145,000                       5.000                  2.130              674736PS6","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":3,"line":34,"text":"after the issuance of the Bonds as a result of various subsequent actions including, but not limited to, a refunding in whole or in part of such maturity or a result of the procurement of secondary market portfolio insurance or other similar enhancements by investors that is applicable to all or a portion of certain maturities of the Bonds.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":4,"line":28,"text":"Julie N. Tarrant Comptroller & Chief Financial Officer  Tristin J. Collins","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":4,"line":52,"text":" PFM Financial Advisors LLC Municipal Advisor","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":6,"line":2,"text":"TABLE OF CONTENTS INTRODUCTION ...................................................................... 1                  County Budget \u201cCAPs\" (N.J.S.A. 40A:4-45.1 et DESCRIPTION OF BONDS.................................................... 1                                seq.) ................................................................................... 29 Optional Redemption Provision ............................................ 2                        Miscellaneous Revenues ...................................................... 29","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":6,"line":4,"text":"DESCRIPTION OF BONDS.................................................... 1                                seq.) ................................................................................... 29 Optional Redemption Provision ............................................ 2                        Miscellaneous Revenues ...................................................... 29 PURPOSE OF THE BONDS ................................................... 3                             Deferral of Current Expenses .............................................. 29 VERIFICATION ......................................................................... 4             MUNICIPAL BANKRUPTCY ............................................. 29","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":6,"line":29,"text":"PROVISIONS FOR THE PROTECTION OF                                                                     UNDERWRITING ................................................................... 34 GENERAL OBLIGATION DEBT ................................... 25                                     RATINGS.................................................................................... 34 Local Bond Law (N.J.S.A. 40A:2-1 et seq.) ..................... 25                                MISCELLANEOUS ................................................................. 35 Debt Limits............................................................................. 25       APPENDIX A","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":6,"line":31,"text":"Local Bond Law (N.J.S.A. 40A:2-1 et seq.) ..................... 25                                MISCELLANEOUS ................................................................. 35 Debt Limits............................................................................. 25       APPENDIX A Exceptions to Debt Limits - Extensions of Credit............ 25                                     Assessed Valuation and Tax Rate ................................ A-1 Short-term Financing ............................................................ 25                Tax Collection Record ................................................. A-1","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":6,"line":32,"text":"Debt Limits............................................................................. 25       APPENDIX A Exceptions to Debt Limits - Extensions of Credit............ 25                                     Assessed Valuation and Tax Rate ................................ A-1 Short-term Financing ............................................................ 25                Tax Collection Record ................................................. A-1 Debt Statements ..................................................................... 25            Added Tax Levies ........................................................ A-1","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":6,"line":34,"text":"Short-term Financing ............................................................ 25                Tax Collection Record ................................................. A-1 Debt Statements ..................................................................... 25            Added Tax Levies ........................................................ A-1 Statement of Statutory Debt Condition .............................. 26                             Percentage of Assessed Valuation of Real List of Authorized Debt........................................................ 26                     Property By Category ............................................. A-1","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":6,"line":35,"text":"Debt Statements ..................................................................... 25            Added Tax Levies ........................................................ A-1 Statement of Statutory Debt Condition .............................. 26                             Percentage of Assessed Valuation of Real List of Authorized Debt........................................................ 26                     Property By Category ............................................. A-1 Debt Ratios ............................................................................. 27        Labor Force, Employment and Unemployment","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":6,"line":36,"text":"Statement of Statutory Debt Condition .............................. 26                             Percentage of Assessed Valuation of Real List of Authorized Debt........................................................ 26                     Property By Category ............................................. A-1 Debt Ratios ............................................................................. 27        Labor Force, Employment and Unemployment OCEAN COUNTY UTILITIES AUTHORITY ................ 27                                                      Data ........................................................................ A-2","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":6,"line":37,"text":"List of Authorized Debt........................................................ 26                     Property By Category ............................................. A-1 Debt Ratios ............................................................................. 27        Labor Force, Employment and Unemployment OCEAN COUNTY UTILITIES AUTHORITY ................ 27                                                      Data ........................................................................ A-2 OTHER AUTHORITY AND FIRE DISTRICT                                                                      Schedule of Bond and Note Maturities ........................ A-3","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":6,"line":40,"text":"OTHER AUTHORITY AND FIRE DISTRICT                                                                      Schedule of Bond and Note Maturities ........................ A-3 DEBT ........................................................................................ 28   APPENDIX B TAX COLLECTION PROCESS .......................................... 28                                   Audited Financial Statements ..................................... B-1 COUNTY BUDGET AND SUMMARY OF                                                                         APPENDIX C","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":6,"line":41,"text":"DEBT ........................................................................................ 28   APPENDIX B TAX COLLECTION PROCESS .......................................... 28                                   Audited Financial Statements ..................................... B-1 COUNTY BUDGET AND SUMMARY OF                                                                         APPENDIX C REVENUES AND APPROPRIATIONS ......................... 28                                             Forms of Legal Opinions ............................................. C-1","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":6,"line":42,"text":"TAX COLLECTION PROCESS .......................................... 28                                   Audited Financial Statements ..................................... B-1 COUNTY BUDGET AND SUMMARY OF                                                                         APPENDIX C REVENUES AND APPROPRIATIONS ......................... 28                                             Forms of Legal Opinions ............................................. C-1 Local Budget Law (N.J.S.A. 40A:4-1 et seq.) .................. 28                                 APPENDIX D","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":6,"line":43,"text":"COUNTY BUDGET AND SUMMARY OF                                                                         APPENDIX C REVENUES AND APPROPRIATIONS ......................... 28                                             Forms of Legal Opinions ............................................. C-1 Local Budget Law (N.J.S.A. 40A:4-1 et seq.) .................. 28                                 APPENDIX D Forms of Continuing Disclosure Certificates ............... D-1","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":6,"line":44,"text":"REVENUES AND APPROPRIATIONS ......................... 28                                             Forms of Legal Opinions ............................................. C-1 Local Budget Law (N.J.S.A. 40A:4-1 et seq.) .................. 28                                 APPENDIX D Forms of Continuing Disclosure Certificates ............... D-1","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":7,"line":16,"text":"This Official Statement which includes the cover page and the appendices has been prepared by the County of Ocean (the \u201cCounty\u201d), in the State of New Jersey (the \u201cState\u201d) and provides certain information regarding the financial and economic condition of the County in connection with the sale of $42,055,000 General Improvement Bonds, Series 2025 (the \u201cGeneral Improvement Bonds\u201d), $10,250,000 General Obligation Refunding Bonds, Series 2025 (the","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":7,"line":32,"text":"participants or the transfers of the interest among its participants. The participants will be responsible for maintaining records regarding the beneficial ownership interests in the Bonds on behalf of the individual purchasers. Individual purchases may be made in the principal amount of $1,000 or more through book entries made on the book and records of DTC and its participants. Individual purchasers of the Bonds will not receive certificates representing their","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":7,"line":33,"text":"records regarding the beneficial ownership interests in the Bonds on behalf of the individual purchasers. Individual purchases may be made in the principal amount of $1,000 or more through book entries made on the book and records of DTC and its participants. Individual purchasers of the Bonds will not receive certificates representing their beneficial ownership interests in the Bonds, but each book-entry Bond owner will receive a credit balance on the","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":7,"line":34,"text":"purchases may be made in the principal amount of $1,000 or more through book entries made on the book and records of DTC and its participants. Individual purchasers of the Bonds will not receive certificates representing their beneficial ownership interests in the Bonds, but each book-entry Bond owner will receive a credit balance on the books of its nominee, and this credit balance will be confirmed by an initial transaction statement stating the details","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":7,"line":37,"text":"books of its nominee, and this credit balance will be confirmed by an initial transaction statement stating the details of the Bonds purchased. (See \u201cBOOK-ENTRY-ONLY SYSTEM\u201d herein).  Interest on the General Improvement Bonds, Chapter 12 Bonds, and Vocational Bonds will be payable semi-","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":7,"line":51,"text":"credited to the participants of DTC as listed in the records of DTC as of each preceding March 15 and September 15 (the \u201cNon-Refunding Bond Record Dates\u201d) for the payment and interest. Interest on the Refunding Bonds will be credited to the participants of DTC as listed in the records of DTC as of each preceding January 15 and July 15 (the \u201cRefunding Bond Record Dates\u201d and together with the Non-","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":10,"line":28,"text":"Bonds, Series 2015A maturing August 1, 2027 through August 1, 2028. The Prior Bonds are being current refunded to achieve debt savings.  VERIFICATION","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":10,"line":33,"text":"A portion of the proceeds of the Refunding Bonds and any uninvested cash will be deposited into an escrow fund in accordance with the terms of an escrow agreement (the \u201cEscrow Agreement\u201d) to be dated the date of issuance of the Refunding Bonds between the County and TD Bank. National Association, Mount Laurel, New Jersey, as escrow agent (the \u201cEscrow Agent\u201d). Pursuant to the Escrow Agreement, the Escrow Agent will apply such proceeds to the","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":10,"line":35,"text":"Refunding Bonds between the County and TD Bank. National Association, Mount Laurel, New Jersey, as escrow agent (the \u201cEscrow Agent\u201d). Pursuant to the Escrow Agreement, the Escrow Agent will apply such proceeds to the purchase of United States Treasury Securities \u2013 State and Local Government Series (commonly known as \u201cSLGS\u201d), the maturing principal of which along with interest thereon shall be sufficient to provide for the principal and","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":10,"line":36,"text":"agent (the \u201cEscrow Agent\u201d). Pursuant to the Escrow Agreement, the Escrow Agent will apply such proceeds to the purchase of United States Treasury Securities \u2013 State and Local Government Series (commonly known as \u201cSLGS\u201d), the maturing principal of which along with interest thereon shall be sufficient to provide for the principal and redemption price of and interest on the Prior Bonds when due through their respective redemption dates. Holman","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":10,"line":41,"text":"adequacy of the maturing principal amount of government securities, together with the interest thereon, to be deposited with the Escrow Agent for the Prior Bonds in order to provide for payment when due of the principal and redemption price of and interest on such Prior Bonds through their respective redemption dates. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":10,"line":47,"text":"SECURITY FOR THE BONDS In the opinion of Bond Counsel, the full faith and credit of the County is irrevocably pledged for the payment of the principal of the Bonds and the interest thereon. The Bonds and the interest thereon will be valid and binding obligations of the County and, unless paid from other sources, are payable from ad valorem taxes levied upon all the","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":10,"line":50,"text":"obligations of the County and, unless paid from other sources, are payable from ad valorem taxes levied upon all the taxable real property within the County without limitation as to rate or amount. The enforceability of rights or remedies with respect to the Bonds may be limited by bankruptcy, insolvency or other laws affecting creditors\u2019 rights or remedies now existing or hereafter enacted.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":10,"line":54,"text":" The Chapter 12 Bonds are further entitled to the benefits of Chapter 12 of the Laws of New Jersey of 1971, as amended and supplemented (N.J.S.A. 18A:64A-22.1 et seq.) (the \u201cCounty College Bond Act\u201d), which provides that the principal of and interest on the Chapter 12 Bonds will, subject to appropriation, be paid by the State. The amounts","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":10,"line":56,"text":"and supplemented (N.J.S.A. 18A:64A-22.1 et seq.) (the \u201cCounty College Bond Act\u201d), which provides that the principal of and interest on the Chapter 12 Bonds will, subject to appropriation, be paid by the State. The amounts paid by the State pursuant to the County College Bond Act are paid directly to the Paying Agent for the Chapter 12 Bonds and must be used for the payment of the principal of and interest on the Chapter 12 Bonds. The Chapter 12","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":10,"line":58,"text":"paid by the State pursuant to the County College Bond Act are paid directly to the Paying Agent for the Chapter 12 Bonds and must be used for the payment of the principal of and interest on the Chapter 12 Bonds. The Chapter 12 4","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":11,"line":1,"text":"Bonds are not debts or liabilities of the State. In the event that State appropriations for the payment of the principal of and interest on the Chapter 12 Bonds are not made, the County will be responsible for appropriating amounts to pay such principal and interest.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":11,"line":2,"text":"Bonds are not debts or liabilities of the State. In the event that State appropriations for the payment of the principal of and interest on the Chapter 12 Bonds are not made, the County will be responsible for appropriating amounts to pay such principal and interest. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":11,"line":24,"text":"The following description of the procedures and record keeping with respect to beneficial ownership interests in the Bonds, payment of principal and interest, and other payments on the Bonds to DTC Participants or Beneficial Owners defined below, confirmation and transfer of beneficial ownership interests in the Bonds and other related transactions by and between DTC, DTC Participants and Beneficial Owners, is based on certain information furnished by DTC to","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":11,"line":39,"text":"holds and provides asset servicing for over 3.5 million issues of U.S. and non-U.S. equity issues, corporate and municipal debt issues, and money market instruments (from over 100 countries) that DTC\u2019s participants (\u201cDirect Participants\u201d) deposit with DTC. DTC also facilitates the post-trade settlement among Direct Participants of sales and other securities transactions in deposited securities, through electronic computerized book-entry transfers and","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":11,"line":53,"text":" Purchases of the Bonds under the DTC system must be made by or through Direct Participants, which will receive a credit for the Bonds on DTC\u2019s records. The ownership interest of each actual purchaser of each Bond (\u201cBeneficial 5","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":11,"line":54,"text":"Purchases of the Bonds under the DTC system must be made by or through Direct Participants, which will receive a credit for the Bonds on DTC\u2019s records. The ownership interest of each actual purchaser of each Bond (\u201cBeneficial 5","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":12,"line":2,"text":"Owner\u201d) is in turn to be recorded on the Direct and Indirect Participants\u2019 records. Beneficial Owners will not receive written confirmation from DTC of their purchase. Beneficial Owners are, however, expected to receive written confirmations providing details of the transaction, as well as periodic statements of their holdings, from the Direct or Indirect Participant through which the Beneficial Owner entered into the transaction. Transfers of ownership interests","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":12,"line":23,"text":"Bond documents. For example, Beneficial Owners of Bonds may wish to ascertain that the nominee holding the Bonds for their benefit has agreed to obtain and transmit notices to Beneficial Owners. In the alternative, Beneficial Owners may wish to provide their names and addresses to the registrar and request that copies of notices be provided directly to them.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":12,"line":33,"text":" So long as the Bonds of a series are held by DTC under a book-entry system, payments of principal, premium, if any, and interest on the Bonds of such series will be made to Cede & Co., or such other nominee as may be requested by an authorized representative of DTC. DTC\u2019s practice is to credit Direct Participants\u2019 accounts upon DTC\u2019s receipt of","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":12,"line":37,"text":"funds and corresponding detail information from the Authority or the Trustee, on payable date in accordance with their respective holdings shown on DTC\u2019s records. Payments by Participants to Beneficial Owners will be governed by standing instructions and customary practices, as is the case with Bonds held for the accounts of customers in bearer form or registered in \u201cstreet name,\u201d and will be the responsibility of such Participant and not of DTC, Authority","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":12,"line":40,"text":"bearer form or registered in \u201cstreet name,\u201d and will be the responsibility of such Participant and not of DTC, Authority or the Trustee, subject to any statutory or regulatory requirements as may be in effect from time to time. Payments of principal, premium, if any, and interest on the Bonds to Cede & Co. (or such other nominee as may be requested by an authorized representative of DTC) is the responsibility of Authority or the Trustee, disbursement of such payments","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":12,"line":42,"text":"principal, premium, if any, and interest on the Bonds to Cede & Co. (or such other nominee as may be requested by an authorized representative of DTC) is the responsibility of Authority or the Trustee, disbursement of such payments to Direct Participants will be the responsibility of DTC, and disbursement of such payments to the Beneficial Owners will be the responsibility of Direct and Indirect Participants.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":12,"line":43,"text":"an authorized representative of DTC) is the responsibility of Authority or the Trustee, disbursement of such payments to Direct Participants will be the responsibility of DTC, and disbursement of such payments to the Beneficial Owners will be the responsibility of Direct and Indirect Participants. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":13,"line":8,"text":"ANY NOTICE (INCLUDING ANY NOTICE OF REDEMPTION) THAT IS PERMITTED OR REQUIRED TO BE GIVEN TO BOND OWNERS; (III) THE PAYMENT BY DTC OR ANY DTC PARTICIPANT OF ANY AMOUNT WITH RESPECT TO THE PRINCIPAL, PREMIUM (IF ANY) OR INTEREST DUE ON THE BONDS; (IV) THE SELECTION BY DTC OR DTC PARTICIPANTS OF ANY PERSON TO RECEIVE A PAYMENT IN THE EVENT","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":13,"line":10,"text":"WITH RESPECT TO THE PRINCIPAL, PREMIUM (IF ANY) OR INTEREST DUE ON THE BONDS; (IV) THE SELECTION BY DTC OR DTC PARTICIPANTS OF ANY PERSON TO RECEIVE A PAYMENT IN THE EVENT OF A PARTIAL REDEMPTION OF THE BONDS; OR (V) ANY CONSENT GIVEN OR OTHER ACTION TAKEN BY CEDE & CO., AS NOMINEE OF DTC, AND THE REGISTERED OWNER OF THE BONDS. THE","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":13,"line":40,"text":"County employees are enrolled in one of three State retirement systems. Contributions are made to the systems by both employer and employees. The pension rate for the Public Employees Retirement System remained at 7.50 percent. County employees are also enrolled in the Social Security system and covered by the New Jersey State Health Benefits Plan, prescription drug plans, dental, vision care plans, workers\u2019 compensation, disability insurance and an","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":13,"line":42,"text":"percent. County employees are also enrolled in the Social Security system and covered by the New Jersey State Health Benefits Plan, prescription drug plans, dental, vision care plans, workers\u2019 compensation, disability insurance and an optional deferred compensation plan. Each year, with the assistance of a professional labor negotiator, the Board decides average salary increases for County employees. There is a total of 21 bargaining units within the County, and","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":13,"line":43,"text":"Benefits Plan, prescription drug plans, dental, vision care plans, workers\u2019 compensation, disability insurance and an optional deferred compensation plan. Each year, with the assistance of a professional labor negotiator, the Board decides average salary increases for County employees. There is a total of 21 bargaining units within the County, and as of May 31, 2025 there are two (2) bargaining units in negotiations for agreements that expired on March 31, 2025","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":13,"line":44,"text":"optional deferred compensation plan. Each year, with the assistance of a professional labor negotiator, the Board decides average salary increases for County employees. There is a total of 21 bargaining units within the County, and as of May 31, 2025 there are two (2) bargaining units in negotiations for agreements that expired on March 31, 2025 and June 30, 2025, respectively.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":13,"line":45,"text":"decides average salary increases for County employees. There is a total of 21 bargaining units within the County, and as of May 31, 2025 there are two (2) bargaining units in negotiations for agreements that expired on March 31, 2025 and June 30, 2025, respectively. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":14,"line":1,"text":"Ocean County led the State with dramatic population growth from 1950 to 2000. While the growth rate continues to slow down, the County still had the second highest growth rate in 2010 and 2020, at 12.8% and 10.5% respectively. According to Census 2020, Ocean County\u2019s population reached 637,229, making it the sixth most populous County","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":14,"line":2,"text":"Ocean County led the State with dramatic population growth from 1950 to 2000. While the growth rate continues to slow down, the County still had the second highest growth rate in 2010 and 2020, at 12.8% and 10.5% respectively. According to Census 2020, Ocean County\u2019s population reached 637,229, making it the sixth most populous County in the State. The North Jersey Transportation Planning Authority\u2019s (NJTPA) adopted municipal forecasts (2021)","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":14,"line":7,"text":" From Census 2020 to 2024, Ocean County had the highest population increase and growth rate in the state, increasing at 4.6% to a population estimate of 666,434, adding 29,205 more residents. The growth was driven by population increases in Lakewood and Toms River Townships of 4,713 and 3,659 respectively, while the smaller municipality of","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":14,"line":10,"text":"increases in Lakewood and Toms River Townships of 4,713 and 3,659 respectively, while the smaller municipality of Plumsted Township had the highest growth rate during that period of 10.2%.  The rapid population growth has transformed the economic base of the County from primarily seasonal to a diversified","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":16,"line":40,"text":"The 2024 Annual Average Labor Force Estimate for the County was 289,643. The Annual Average Ocean County residents employed in 2024 was 276,609; resulting in an unemployment rate of 4.5%, This represents a slight increase from the 2023 unemployment rate of 4.2%, but is a notable improvement compared to the 6.3% rate in 2021. Ocean County\u2019s strong growth and residential construction sector continue to be a driving force in the economy. Labor and","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":16,"line":41,"text":"residents employed in 2024 was 276,609; resulting in an unemployment rate of 4.5%, This represents a slight increase from the 2023 unemployment rate of 4.2%, but is a notable improvement compared to the 6.3% rate in 2021. Ocean County\u2019s strong growth and residential construction sector continue to be a driving force in the economy. Labor and employment estimates are as reported by the New Jersey Department of Labor\u2019s Annual Averages dataset (April","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":17,"line":58,"text":"T otals have been rounded. 3   T his figure represents civil servants and contractors employed at Navy Lakehurst and CERDEC Flight Activity only. T otal Joint Base employment is approximately 46,740. Prepared by: Ocean County Dept of Planning, June 2025.               11","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":19,"line":12,"text":"transportation system and serves as the paratransit provider operated by the Ocean County Department of Transportation Services. The County transportation system is funded through a variety of state and federal grants as well as County funds. As of May 2025, the system fleet totals 77 wheelchair accessible vehicles, which includes transit buses, mini-buses, mini-vans and SUVs.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":19,"line":43,"text":"operation within the State. The Ocean County Transportation Advisory Committee for Senior Citizens and Persons with Disabilities was created to review and recommend appropriate strategies and policies to address the growing demand for specialized transportation service. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":20,"line":16,"text":" Ocean County College also has an on-campus agreement with Kean University. This allows Ocean County College students to complete their four-year degree, as well as a master\u2019s program, from Kean without leaving the Toms River campus. Additionally, Ocean County College has a dual admission and transfer partnership with Stockton University","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":20,"line":25,"text":"a library card may access eBooks and online resources; access to resources is further expanded by reciprocal borrowing agreements with the Burlington County Library and the Monmouth County Library systems. The library also provides many educational, arts and community programs throughout the year for all ages. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":22,"line":2,"text":"In 1998, Ocean County established a Natural Lands Trust Fund Program to acquire and maintain natural areas in the County. The benefits of the program include protecting critical environmental resources, maintaining the rural character of the County and buffering areas not compatible with development. To date, 358 properties totaling over 30,117.86 acres have been acquired. The program also has a farmland preservation component, which seeks to protect","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":22,"line":8,"text":" In 2019, the County completed the purchase of a nearly 8,000 acre tract known as the Forked River Mountains. This area shelters the headwaters of the Forked River and its tributaries, forming high quality habitat for threatened and endangered plant & wildlife species. This area also offers some of the nicest views in the County, spanning tens of","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":23,"line":16,"text":"owned composting equipment travels to additional municipal compost sites to process their composting materials. The benefits of this program are passed on to the community, as residents and landscapers are encouraged to bring yard waste to recycling centers or pick up compost and mulch for personal use. These services are offered free of charge to residents.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":23,"line":28,"text":"Introduced in 1995, Ocean County\u2019s Recycling Reserve Sharing Program distributes profits from recycling operations with its participating municipalities. Revenue share is based upon profits received from recyclable commodities sales and is calculated twice annually, with towns paid a \u201cper ton\u201d rate based upon tonnages delivered to the recycling centers. Since this program\u2019s inception, the County has paid its municipalities over $18 million for their recycling","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":23,"line":29,"text":"with its participating municipalities. Revenue share is based upon profits received from recyclable commodities sales and is calculated twice annually, with towns paid a \u201cper ton\u201d rate based upon tonnages delivered to the recycling centers. Since this program\u2019s inception, the County has paid its municipalities over $18 million for their recycling efforts, despite recent years in which the recycling industry as a whole struggled to generate revenue. Encouragingly,","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":23,"line":31,"text":"centers. Since this program\u2019s inception, the County has paid its municipalities over $18 million for their recycling efforts, despite recent years in which the recycling industry as a whole struggled to generate revenue. Encouragingly, improved global markets and the County\u2019s commitment to maintaining its facilities have Ocean County poised to maximize recycling profits moving forward.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":23,"line":35,"text":" Unlike many other New Jersey counties, Ocean County has no outstanding debt issues relating to solid waste disposal facilities. As such, the deregulation of waste flow that occurred in New Jersey in 1997 has not had any impact upon the finances of the County.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":23,"line":43,"text":"County\u2019s Master Composter Training Program. The Backyard Composting Demonstration Site helps increase public awareness on the benefits of home composting and offers \u201chow to\u201d compost classes for County residents each spring and fall, taught by Ocean County Master Composter volunteers. Each of these outreach initiatives aim to educate Ocean County residents on the importance and benefits of recycling and composting, with an overall goal of diverting","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":23,"line":45,"text":"and fall, taught by Ocean County Master Composter volunteers. Each of these outreach initiatives aim to educate Ocean County residents on the importance and benefits of recycling and composting, with an overall goal of diverting as much material from the typical waste stream (i.e. from the landfill) as possible. Efforts to do so can have tremendous environmental, as well as economical benefits.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":23,"line":47,"text":"as much material from the typical waste stream (i.e. from the landfill) as possible. Efforts to do so can have tremendous environmental, as well as economical benefits.  Recreational Facilities","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":24,"line":38,"text":" Since 1984, the County has been involved with the federal Community Development Block Grant Program (CDBG), which funds projects in 29 municipalities. With the implementation of the HOME Program in 1992 the County funds projects in all 33 municipalities, including the entitlement communities of Brick, Toms River, Lakewood and Jackson","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":24,"line":41,"text":"projects in all 33 municipalities, including the entitlement communities of Brick, Toms River, Lakewood and Jackson Townships. The County has been awarded approximately $1.35 million in CDBG grant funds and approximately $1.31 million in HOME grant funds for the program year 2024. Acting on the recommendations of the CDBG Committee, the Board of Commissioners allocates CDBG funding for projects submitted by the 29 participating","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":24,"line":42,"text":"Townships. The County has been awarded approximately $1.35 million in CDBG grant funds and approximately $1.31 million in HOME grant funds for the program year 2024. Acting on the recommendations of the CDBG Committee, the Board of Commissioners allocates CDBG funding for projects submitted by the 29 participating municipalities (applications are submitted on an every-other-year schedule), public services and non-profit","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":25,"line":7,"text":"The County's First-Time Home Buyer Program, through a cooperative effort with local non-profit organizations and area financial institutions, is designed to assist eligible low and moderate-income County residents in the purchase of a home. The program provides reduced bank fees and closing costs, as well as down payment/closing cost assistance to pre-approved homebuyers. In September 2021, the deferred loan amount was increased from $10,000 to $15,000","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":25,"line":8,"text":"area financial institutions, is designed to assist eligible low and moderate-income County residents in the purchase of a home. The program provides reduced bank fees and closing costs, as well as down payment/closing cost assistance to pre-approved homebuyers. In September 2021, the deferred loan amount was increased from $10,000 to $15,000 in response to housing market trends and lender feedback. The assistance is in the form of a deferred loan in the","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":25,"line":12,"text":"amount of $15,000, and is secured by a second mortgage, which is forgiven and canceled after a period of six years. Since 1992, about $5.5 million dollars have been provided to over 594 households to assist in the purchase of their first home. The program also provides educational and mortgage counseling to eligible homebuyers. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":25,"line":28,"text":"In 2020, the County received CDBG-CV (CARES Act) funds directly from HUD in the amount of $2,918,956 to prevent, prepare for and respond to COVID-19 to benefit low and moderate income households affected by the pandemic. This funding has been fully allocated to several non-profits as well as a rental assistance program. The County continues to work with the non-profits and programs to effectively administer these funds.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":25,"line":35,"text":"In the period from 2016-2025, the County\u2019s total assessed valuations of land and improvements increased from $87,426,771,009 to $123,596,871,650. The County\u2019s tax rate for 2025 is $.2804 per $100 of assessed valuation.  County Tax Rate - 10 Year History","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":25,"line":37,"text":" County Tax Rate - 10 Year History Year                   Rate/$100 2016                     .3539","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":25,"line":38,"text":"County Tax Rate - 10 Year History Year                   Rate/$100 2016                     .3539 2017                     .3522","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":27,"line":29,"text":" Tax Rate per $100............................................... $.2804 Tax Levy, 2025 ........................................ $497,909,182 ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":27,"line":30,"text":"Tax Rate per $100............................................... $.2804 Tax Levy, 2025 ........................................ $497,909,182  ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":30,"line":2,"text":"Ocean County Gross and Net Debt of Constituent Municipalities December 31, 2024 Gross Debt                                               Statutory Deductions","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":30,"line":4,"text":"December 31, 2024 Gross Debt                                               Statutory Deductions Equalized Vaulation Municipality               School         Self-Liquidating        Other                School            Self-Liquidating        Other         Net Capital Debt            Basis","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":30,"line":6,"text":"Equalized Vaulation Municipality               School         Self-Liquidating        Other                School            Self-Liquidating        Other         Net Capital Debt            Basis Barnegat               $ 19,705,000.00     $ 6,364,092.16      $ 16,152,000.00     $ 19,705,000.00        $ 6,364,092.16             $ 0.00      $ 16,152,000.00     $ 4,015,840,609.67 Barnegat Light                     0.00       1,585,000.00           697,105.00                0.00          1,585,000.00               0.00           697,105.00       1,675,796,862.33","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":31,"line":1,"text":"PROVISIONS FOR THE PROTECTION OF GENERAL OBLIGATION DEBT  Local Bond Law (N.J.S.A. 40A:2-1 et seq.)","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":31,"line":7,"text":"Among its provisions are requirements that bonds must mature within the statutory period of usefulness of the projects which are being bonded, that bonds be retired in serial installments and that a 5% cash down payment be generally provided. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":31,"line":10,"text":" Debt Limits  The net debt of the County is limited by the Local Bond Law to an amount equal to 2% of its equalized valuation","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":31,"line":12,"text":" The net debt of the County is limited by the Local Bond Law to an amount equal to 2% of its equalized valuation basis. The equalized valuation basis of the County is set by statute as the average value of all taxable real property within its boundaries as annually determined by the State Board of Taxation for each of the three most recent years.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":31,"line":15,"text":"within its boundaries as annually determined by the State Board of Taxation for each of the three most recent years. Certain categories of debt are permitted by statute to be deducted for purposes of computing the statutory debt limit.  Exceptions to Debt Limits - Extensions of Credit","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":31,"line":17,"text":" Exceptions to Debt Limits - Extensions of Credit  The debt limit of the County may be exceeded to the extent of two-thirds of the amount of obligations for which an","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":31,"line":19,"text":" The debt limit of the County may be exceeded to the extent of two-thirds of the amount of obligations for which an appropriation for payment was made in the annual budget for the current fiscal year and in certain other circumstances and otherwise only with the approval of the Local Finance Board (the \u201cLFB\u201d) in the Division of Local Government","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":31,"line":20,"text":"The debt limit of the County may be exceeded to the extent of two-thirds of the amount of obligations for which an appropriation for payment was made in the annual budget for the current fiscal year and in certain other circumstances and otherwise only with the approval of the Local Finance Board (the \u201cLFB\u201d) in the Division of Local Government Services in the New Jersey Department of Community Affairs (the \u201cDivision\u201d). If all or any part of a proposed debt","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":31,"line":22,"text":"and otherwise only with the approval of the Local Finance Board (the \u201cLFB\u201d) in the Division of Local Government Services in the New Jersey Department of Community Affairs (the \u201cDivision\u201d). If all or any part of a proposed debt authorization would exceed its debt limit, the County must apply to the LFB for an extension of credit. In considering the request, the LFB focuses its review on the effect of the proposed authorization on outstanding obligations of the","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":31,"line":23,"text":"Services in the New Jersey Department of Community Affairs (the \u201cDivision\u201d). If all or any part of a proposed debt authorization would exceed its debt limit, the County must apply to the LFB for an extension of credit. In considering the request, the LFB focuses its review on the effect of the proposed authorization on outstanding obligations of the County, operating expenses of the County and the potential ability of the County to meet the proposed obligations. If","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":31,"line":26,"text":"County, operating expenses of the County and the potential ability of the County to meet the proposed obligations. If the LFB determines, pursuant to statute and regulation, that a proposed debt authorization would materially impair the ability of the County to meet its obligations or to provide essential services, approval is denied. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":31,"line":29,"text":" The County is within its statutory debt limit at 0.40%.  Short-Term Financing","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":31,"line":33,"text":" The County is authorized to issue various types of short-term debt obligations, including bond anticipation notes, tax anticipation notes and emergency notes. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":31,"line":45,"text":" Debt Statements  The County must report all new authorizations of debt or changes in previously authorized debt to the Division. The","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":31,"line":47,"text":" The County must report all new authorizations of debt or changes in previously authorized debt to the Division. The Supplemental Debt Statement, as this report is known, must be submitted to the Division before final passage of any debt authorization. Before January 31 of each year the County must file an Annual Debt Statement with the Division.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":31,"line":48,"text":"The County must report all new authorizations of debt or changes in previously authorized debt to the Division. The Supplemental Debt Statement, as this report is known, must be submitted to the Division before final passage of any debt authorization. Before January 31 of each year the County must file an Annual Debt Statement with the Division. This report is made under oath and states the authorized, issued and unissued debt of the County as of the previous","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":31,"line":49,"text":"Supplemental Debt Statement, as this report is known, must be submitted to the Division before final passage of any debt authorization. Before January 31 of each year the County must file an Annual Debt Statement with the Division. This report is made under oath and states the authorized, issued and unissued debt of the County as of the previous December 31. Through the Annual and Supplemental Debt Statements, the Division monitors all local borrowings.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":31,"line":50,"text":"debt authorization. Before January 31 of each year the County must file an Annual Debt Statement with the Division. This report is made under oath and states the authorized, issued and unissued debt of the County as of the previous December 31. Through the Annual and Supplemental Debt Statements, the Division monitors all local borrowings. Even though the County\u2019s authorizations are within its debt limits, the Division is able to enforce state regulations as","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":31,"line":51,"text":"This report is made under oath and states the authorized, issued and unissued debt of the County as of the previous December 31. Through the Annual and Supplemental Debt Statements, the Division monitors all local borrowings. Even though the County\u2019s authorizations are within its debt limits, the Division is able to enforce state regulations as to the amounts and purposes of local borrowings.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":31,"line":52,"text":"December 31. Through the Annual and Supplemental Debt Statements, the Division monitors all local borrowings. Even though the County\u2019s authorizations are within its debt limits, the Division is able to enforce state regulations as to the amounts and purposes of local borrowings. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":32,"line":1,"text":"Statement of Statutory Debt Condition (as of June 4, 2025) * General Debt                                       Gross Debt                  Deductions              Net Debt","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":32,"line":3,"text":"(as of June 4, 2025) * General Debt                                       Gross Debt                  Deductions              Net Debt  Issued and Outstanding","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":32,"line":20,"text":" Net Debt (including authorized and unissued) expressed as a percentage of said Average","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":32,"line":28,"text":" List of Authorized Debt * As of June 4, 2025 ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":32,"line":37,"text":"Construction, Repairs and Additions to County Facilities                        76,205,550.00 Purchase of Various Equipment                                                            0.00 Total Bonds and Notes Authorized but Unissued                                                        165,858,969.77 $ 640,640,791.74","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":32,"line":41,"text":" *The ratios and the total debt figures listed above do not reflect the outstanding debt of the Ocean County Utilities Authority or other authority debt or debt of local fire districts. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":32,"line":42,"text":"*The ratios and the total debt figures listed above do not reflect the outstanding debt of the Ocean County Utilities Authority or other authority debt or debt of local fire districts.  ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":33,"line":1,"text":"Debt Ratios  Total Gross Debt Authorized, Issued and Outstanding","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":33,"line":3,"text":" Total Gross Debt Authorized, Issued and Outstanding as of June 4, 2025                              $    474,781,821.97 ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":33,"line":6,"text":" Total Gross Debt Issued and Outstanding per Capita (2020 Pop. -- 637,229)                                                              745.07 ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":33,"line":9,"text":" Total Gross Debt Issued and Outstanding Net (True) (Value 2024) =174,565,245,449.00                                                    0.27% ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":33,"line":12,"text":" Overlapping Gross Debt (as of December 31, 2024) School Debt                                        422,864,320.97 Self Liquidating Debt                              338,734,646.34","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":33,"line":13,"text":"Overlapping Gross Debt (as of December 31, 2024) School Debt                                        422,864,320.97 Self Liquidating Debt                              338,734,646.34 Other Overlapping Debt                           1,032,577,956.91","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":33,"line":14,"text":"School Debt                                        422,864,320.97 Self Liquidating Debt                              338,734,646.34 Other Overlapping Debt                           1,032,577,956.91 Total Overlapping Gross Debt (as of December 31, 2024)                        $ 1,794,176,924.22","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":33,"line":15,"text":"Self Liquidating Debt                              338,734,646.34 Other Overlapping Debt                           1,032,577,956.91 Total Overlapping Gross Debt (as of December 31, 2024)                        $ 1,794,176,924.22 ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":33,"line":16,"text":"Other Overlapping Debt                           1,032,577,956.91 Total Overlapping Gross Debt (as of December 31, 2024)                        $ 1,794,176,924.22  Total Overlapping Gross Debt per Capita","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":33,"line":18,"text":" Total Overlapping Gross Debt per Capita (2020 Pop. -- 637,229)                                                           2,815.59 ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":33,"line":21,"text":" Total Overlapping Gross Debt to Net (True) Value                                                                  1.03% (Value 2024) =174,565,245,449.00 ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":33,"line":24,"text":" *The ratios and the total debt figures listed above do not reflect the outstanding debt of the Ocean County Utilities Authority or other authority debt or debt of local fire districts. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":33,"line":25,"text":"*The ratios and the total debt figures listed above do not reflect the outstanding debt of the Ocean County Utilities Authority or other authority debt or debt of local fire districts.  OCEAN COUNTY UTILITIES AUTHORITY","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":33,"line":39,"text":"funded by an interest-free \u201cFund\u201d loan and the remaining balance of the cost by an \u201cI-Bank\u201d loan, which bears market- rate interest. Interest is credited to the Authority\u2019s account on funds temporarily held by the I-Bank.  A deficiency advance contract between the Authority and the County has been executed and provisions of the contract","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":33,"line":41,"text":" A deficiency advance contract between the Authority and the County has been executed and provisions of the contract obligate the County to provide for the payment of the principal and interest which may become due on any outstanding project bonds or permanent bonds of the Authority, including the bonds referred to above. Although the County's","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":33,"line":42,"text":"A deficiency advance contract between the Authority and the County has been executed and provisions of the contract obligate the County to provide for the payment of the principal and interest which may become due on any outstanding project bonds or permanent bonds of the Authority, including the bonds referred to above. Although the County's obligation pursuant to the provisions of the deficiency advance contract is a direct and general obligation, the Authority","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":33,"line":44,"text":"project bonds or permanent bonds of the Authority, including the bonds referred to above. Although the County's obligation pursuant to the provisions of the deficiency advance contract is a direct and general obligation, the Authority anticipates that its operating costs and the principal, interest and reserve requirements on its obligations will be paid from the revenues derived from service charges to the communities and municipal utility authorities and private utility","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":33,"line":46,"text":"anticipates that its operating costs and the principal, interest and reserve requirements on its obligations will be paid from the revenues derived from service charges to the communities and municipal utility authorities and private utility companies using the Authority's System. The provisions of the deficiency advance contract have never been utilized. As of July 1, 2025, the Authority has $87,732,000 of principal outstanding that is subject to the deficiency contract.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":33,"line":47,"text":"from the revenues derived from service charges to the communities and municipal utility authorities and private utility companies using the Authority's System. The provisions of the deficiency advance contract have never been utilized. As of July 1, 2025, the Authority has $87,732,000 of principal outstanding that is subject to the deficiency contract. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":33,"line":48,"text":"companies using the Authority's System. The provisions of the deficiency advance contract have never been utilized. As of July 1, 2025, the Authority has $87,732,000 of principal outstanding that is subject to the deficiency contract.  ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":34,"line":1,"text":"OTHER AUTHORITY AND FIRE DISTRICT DEBT  There are municipally created utilities authorities operating within the County, which are developing or have","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":34,"line":4,"text":"There are municipally created utilities authorities operating within the County, which are developing or have developed sewerage facilities for the benefit of local government units within the County. The authorities with temporary or permanent debt outstanding (which debt in some cases is additionally secured by the ad valorem taxing power of an underlying township) are Beachwood Sewerage Authority, Berkeley Township Municipal Utilities","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":34,"line":5,"text":"developed sewerage facilities for the benefit of local government units within the County. The authorities with temporary or permanent debt outstanding (which debt in some cases is additionally secured by the ad valorem taxing power of an underlying township) are Beachwood Sewerage Authority, Berkeley Township Municipal Utilities Authority and Berkeley Township Sewerage Authority, Brick Township Municipal Utilities Authority, Toms River","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":34,"line":19,"text":" County taxes are collected by the municipalities and paid to the County Treasurer. The municipal levy includes all County, library, health, school, fire district, and municipal taxes. Each municipality is required by law to pay to the County Treasurer 100% of its share of the County Purpose Tax on the fifteenth day of February, May, August and","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":34,"line":25,"text":" The County has received 100% of its tax levy during the levy year for each of the last five (5) years.  COUNTY BUDGET AND SUMMARY OF REVENUES AND APPROPRIATIONS","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":34,"line":27,"text":" COUNTY BUDGET AND SUMMARY OF REVENUES AND APPROPRIATIONS  Local Budget Law (N.J.S.A. 40A:4-1 et seq.)","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":34,"line":29,"text":" Local Budget Law (N.J.S.A. 40A:4-1 et seq.)  The foundation of the county local finance system is the annual cash basis budget. Every county must adopt an","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":34,"line":31,"text":" The foundation of the county local finance system is the annual cash basis budget. Every county must adopt an operating budget in the form required by the Division. Items of revenue and appropriation are regulated by law and must be certified by the Director of the Division of Local Government Services (the \u201cDirector\u201d) prior to final adoption","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":34,"line":32,"text":"The foundation of the county local finance system is the annual cash basis budget. Every county must adopt an operating budget in the form required by the Division. Items of revenue and appropriation are regulated by law and must be certified by the Director of the Division of Local Government Services (the \u201cDirector\u201d) prior to final adoption of the budget. The budget law requires each county to prepare its budget on a cash basis appropriating sufficient funds","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":34,"line":34,"text":"must be certified by the Director of the Division of Local Government Services (the \u201cDirector\u201d) prior to final adoption of the budget. The budget law requires each county to prepare its budget on a cash basis appropriating sufficient funds to meet all debt service and operating requirements including provision for mandatory payments. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":34,"line":35,"text":"of the budget. The budget law requires each county to prepare its budget on a cash basis appropriating sufficient funds to meet all debt service and operating requirements including provision for mandatory payments.  The Director, who reviews and certifies the adequacy of such appropriations, is assisted in this duty by the Bureau of","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":34,"line":37,"text":" The Director, who reviews and certifies the adequacy of such appropriations, is assisted in this duty by the Bureau of Financial Regulation and Assistance. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":34,"line":38,"text":"The Director, who reviews and certifies the adequacy of such appropriations, is assisted in this duty by the Bureau of Financial Regulation and Assistance.  The budget law permits counties to raise revenue through taxation for county purposes. The county is restricted in the","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":34,"line":40,"text":" The budget law permits counties to raise revenue through taxation for county purposes. The county is restricted in the amount of increase it may raise through taxation from year to year. Counties receive 100% of their tax levies, which are collected and paid to them by municipalities.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":34,"line":44,"text":" Anticipated non-tax revenues are limited to the amount realized in the previous year unless the Director authorizes a higher figure based on assured sources. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":34,"line":50,"text":" The Director has no authority over individual operating appropriations, unless a specific amount is required by law, but the review functions focusing on anticipated revenues serve to protect the solvency of all counties. By law and regulation, local budgets, as adopted, must be in balance on a \u201ccash basis\u201d.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":34,"line":51,"text":"The Director has no authority over individual operating appropriations, unless a specific amount is required by law, but the review functions focusing on anticipated revenues serve to protect the solvency of all counties. By law and regulation, local budgets, as adopted, must be in balance on a \u201ccash basis\u201d. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":34,"line":52,"text":"but the review functions focusing on anticipated revenues serve to protect the solvency of all counties. By law and regulation, local budgets, as adopted, must be in balance on a \u201ccash basis\u201d.  ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":35,"line":1,"text":"County Budget \u201cCAPs\" (N.J.S.A. 40A:4-45.1 et seq.)  The annual budgets of counties must conform to the provisions of the \u201cLocal Government CAP Law\" as amended","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":35,"line":3,"text":" The annual budgets of counties must conform to the provisions of the \u201cLocal Government CAP Law\" as amended from time to time. These provisions limit the increase in the County tax levy to the lesser of 2.5% or the cost of living adjustment, defined as the Implicit Price Deflator for State and Local Government Purchases of Goods and Services,","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":35,"line":4,"text":"The annual budgets of counties must conform to the provisions of the \u201cLocal Government CAP Law\" as amended from time to time. These provisions limit the increase in the County tax levy to the lesser of 2.5% or the cost of living adjustment, defined as the Implicit Price Deflator for State and Local Government Purchases of Goods and Services, computed by the U.S. Department of Commerce. Certain CAP exemptions allow for modification to the ceiling for","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":35,"line":5,"text":"from time to time. These provisions limit the increase in the County tax levy to the lesser of 2.5% or the cost of living adjustment, defined as the Implicit Price Deflator for State and Local Government Purchases of Goods and Services, computed by the U.S. Department of Commerce. Certain CAP exemptions allow for modification to the ceiling for such items as: expenditures necessary to comply with court orders or certain federal or state mandates, added revenue","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":35,"line":7,"text":"computed by the U.S. Department of Commerce. Certain CAP exemptions allow for modification to the ceiling for such items as: expenditures necessary to comply with court orders or certain federal or state mandates, added revenue generated by new construction, contracts or agreements between local governments and authorities, debt service, capital expenditures, programs funded in cooperation with federal and state agencies, and certain funding to the","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":35,"line":8,"text":"such items as: expenditures necessary to comply with court orders or certain federal or state mandates, added revenue generated by new construction, contracts or agreements between local governments and authorities, debt service, capital expenditures, programs funded in cooperation with federal and state agencies, and certain funding to the County College.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":35,"line":9,"text":"generated by new construction, contracts or agreements between local governments and authorities, debt service, capital expenditures, programs funded in cooperation with federal and state agencies, and certain funding to the County College. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":35,"line":13,"text":"On July 13, 2010 the Governor approved legislation which, in addition to the \u201cLocal Government CAP Law\u201d described above, amends the property tax levy cap that was initially enacted in 2007. This law puts a limitation of 2% on the property tax levy set in the annual budget. The law allows for exclusions for capital expenditures, debt service, increases in pension contributions and accrued liability for pension contributions in excess of 2%, and increases in","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":35,"line":14,"text":"above, amends the property tax levy cap that was initially enacted in 2007. This law puts a limitation of 2% on the property tax levy set in the annual budget. The law allows for exclusions for capital expenditures, debt service, increases in pension contributions and accrued liability for pension contributions in excess of 2%, and increases in health care costs in excess 2%. This limitation may be exceeded by approval of an affirmative vote in excess of 50%","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":35,"line":15,"text":"property tax levy set in the annual budget. The law allows for exclusions for capital expenditures, debt service, increases in pension contributions and accrued liability for pension contributions in excess of 2%, and increases in health care costs in excess 2%. This limitation may be exceeded by approval of an affirmative vote in excess of 50% of the people voting at a special referendum for such purposes.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":35,"line":23,"text":" Miscellaneous Revenues  Miscellaneous revenues generally consist of operating surplus from prior years, State and federal aid, interest on","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":35,"line":25,"text":" Miscellaneous revenues generally consist of operating surplus from prior years, State and federal aid, interest on investments, permit fees, motor vehicle fines, real estate transfer fees, and the reimbursement costs of patients and prisoners in county and State institutions.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":35,"line":29,"text":" \u201cNo miscellaneous revenues from any source shall be included as an anticipated revenue in the budget in an amount in excess of the amount actually realized in cash from the same source during the next preceding fiscal year, unless the director shall determine upon application by the governing body that the facts clearly warrant the expectation that","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":35,"line":35,"text":" \u201cNo budget or amendment thereof shall be adopted unless the director shall have previously certified his approval thereof.\u201d N.J.S.A. 40A:4-10. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":35,"line":38,"text":" The exception to this is the inclusion of categorical grants-in-aid contracts for their face amount with an offsetting appropriation. The fiscal years for such grants rarely coincide with the County's calendar fiscal year. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":35,"line":39,"text":"The exception to this is the inclusion of categorical grants-in-aid contracts for their face amount with an offsetting appropriation. The fiscal years for such grants rarely coincide with the County's calendar fiscal year.  Deferral of Current Expenses","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":35,"line":43,"text":" Emergency appropriations made after the adoption of the budget and determination of the tax rate may be authorized by the Board of Commissioners. However, with minor exceptions, such appropriations must be included in full in the following year's budget. When such appropriations amend the adopted operating budget, consent of the Director must","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":35,"line":44,"text":"Emergency appropriations made after the adoption of the budget and determination of the tax rate may be authorized by the Board of Commissioners. However, with minor exceptions, such appropriations must be included in full in the following year's budget. When such appropriations amend the adopted operating budget, consent of the Director must be obtained. (N.J.S.A. 40A:4-46 et seq.).","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":35,"line":45,"text":"by the Board of Commissioners. However, with minor exceptions, such appropriations must be included in full in the following year's budget. When such appropriations amend the adopted operating budget, consent of the Director must be obtained. (N.J.S.A. 40A:4-46 et seq.). ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":35,"line":52,"text":"Section 901, et seq., as amended by Public Law 95-598, approved November 6, 1978, and as further amended on November 3, 1988, by an Act to Amend the Bankruptcy Law to Provide for Special Revenue Bonds, and for Other Purposes, and on October 22, 1994, by the Bankruptcy Reform Act of 1994, and by other bankruptcy laws affecting creditors' rights and municipalities in general. Chapter IX permits a state or any political subdivision, public agency,","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":35,"line":55,"text":"creditors' rights and municipalities in general. Chapter IX permits a state or any political subdivision, public agency, or instrumentality that is insolvent or unable to meet its debts to file a petition in a bankruptcy court for the ultimate  ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":36,"line":1,"text":"purpose of effecting a plan to adjust its debts. Chapter IX directs such a petitioner to file with the Bankruptcy Court a list of the petitioner's creditors; provides that a petition filed under this chapter shall operate as a stay of the commencement or continuation of any judicial or other proceeding against the petitioner, with the exception that such","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":36,"line":4,"text":"commencement or continuation of any judicial or other proceeding against the petitioner, with the exception that such petition does not operate as a stay of application of pledged special revenues to the payment of indebtedness secured by such revenues; grants priority to administrative and operational expenses and to debts owed for services or material, up to $4,000 per individual or corporation, actually provided within ninety (90) days of the filing of the petition;","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":36,"line":5,"text":"petition does not operate as a stay of application of pledged special revenues to the payment of indebtedness secured by such revenues; grants priority to administrative and operational expenses and to debts owed for services or material, up to $4,000 per individual or corporation, actually provided within ninety (90) days of the filing of the petition; directs a petitioner to file a plan for the adjustment of its debts; provides that any securities issued under a","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":36,"line":7,"text":"up to $4,000 per individual or corporation, actually provided within ninety (90) days of the filing of the petition; directs a petitioner to file a plan for the adjustment of its debts; provides that any securities issued under a reorganization plan will be exempt from the securities laws and, therefore, exempt from registration requirements; permits the petitioner, during bankruptcy proceedings, to continue to pay pre-petition debt without prior court","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":36,"line":9,"text":"reorganization plan will be exempt from the securities laws and, therefore, exempt from registration requirements; permits the petitioner, during bankruptcy proceedings, to continue to pay pre-petition debt without prior court approval; and provides that the plan must be accepted by a class of creditors, in writing, by or on behalf of creditors holding at least two-thirds in amount and more than one-half in number of the allowed claims of such class held by","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":36,"line":29,"text":"the pending litigation shall not be finally determined so as to result individually, or in the aggregate, in a final judgment against the County which would substantially and materially affect the financial status of the County.  DOCUMENTS ACCOMPANYING DELIVERY OF THE BONDS","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":36,"line":38,"text":"issuance, sale, execution or delivery of the Bonds, or in any way contesting or affecting the validity of the Bonds or any of the proceedings taken with respect to the issuance and sale thereof or the application of moneys to the payment of the Bonds. In addition, such certificate shall state that there is no litigation of any nature now pending or threatened by or against the County wherein an adverse judgment or ruling could have a material adverse impact on the financial","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":36,"line":40,"text":"of the Bonds. In addition, such certificate shall state that there is no litigation of any nature now pending or threatened by or against the County wherein an adverse judgment or ruling could have a material adverse impact on the financial condition of the County or adversely affect the power of the County to levy, collect and enforce the collection of taxes or other revenues for the payment of the Bonds, which has not been disclosed in this Official Statement.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":36,"line":41,"text":"by or against the County wherein an adverse judgment or ruling could have a material adverse impact on the financial condition of the County or adversely affect the power of the County to levy, collect and enforce the collection of taxes or other revenues for the payment of the Bonds, which has not been disclosed in this Official Statement. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":36,"line":42,"text":"condition of the County or adversely affect the power of the County to levy, collect and enforce the collection of taxes or other revenues for the payment of the Bonds, which has not been disclosed in this Official Statement.  Legal Matters","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":36,"line":49,"text":"that the Bonds are valid and legally binding obligations of the County and, unless paid from other sources, the County is authorized and required by law to levy ad valorem taxes upon all taxable real property within the County for the payment of the Bonds and the interest thereon without limitation as to rate or amount. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":36,"line":50,"text":"is authorized and required by law to levy ad valorem taxes upon all taxable real property within the County for the payment of the Bonds and the interest thereon without limitation as to rate or amount.  ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":37,"line":3,"text":" The original purchasers of the Bonds shall receive a certificate signed by the County officials: (a) certifying that this Official Statement, as of the date of this Official Statement, does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made herein, in the light of the circumstances under","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":37,"line":7,"text":"which they were made, not misleading; and (b) certifying that there has been no material adverse change in the condition, financial or otherwise, of the County from that set forth in or contemplated by this Official Statement to the date of delivery of the Bonds. In addition, the original purchaser of the Bonds shall also receive certificates in form satisfactory to Bond Counsel evidencing the proper execution and delivery of the Bonds and receipt of payment","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":37,"line":8,"text":"condition, financial or otherwise, of the County from that set forth in or contemplated by this Official Statement to the date of delivery of the Bonds. In addition, the original purchaser of the Bonds shall also receive certificates in form satisfactory to Bond Counsel evidencing the proper execution and delivery of the Bonds and receipt of payment therefore, and a certificate dated as of the date of the delivery of the Bonds, and signed by the officers who signed the","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":37,"line":9,"text":"date of delivery of the Bonds. In addition, the original purchaser of the Bonds shall also receive certificates in form satisfactory to Bond Counsel evidencing the proper execution and delivery of the Bonds and receipt of payment therefore, and a certificate dated as of the date of the delivery of the Bonds, and signed by the officers who signed the Bonds, stating that no litigation is then pending or, to the knowledge of such officers, threatened to restrain or enjoin","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":37,"line":12,"text":"Bonds, stating that no litigation is then pending or, to the knowledge of such officers, threatened to restrain or enjoin the issuance or delivery of the Bonds or the levy or collection of taxes to pay the Bonds or the interest thereon, or questioning the validity of the statutes or the proceedings under which the Bonds are issued, and that neither the corporate existence or boundaries of the County, nor the title of any of the said officers to their respective offices, is","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":37,"line":21,"text":" The Internal Revenue Code of 1986, as amended (the \u201cCode\u201d) imposes certain requirements that must be met at and subsequent to the issuance and delivery of the Bonds for interest thereon to be and remain excluded from gross income of the owners thereof for federal income tax purposes. Noncompliance with such requirements could cause the interest","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":37,"line":37,"text":"that interest on the Bonds is not treated as a preference item in calculating the alternative minimum tax imposed by the Code, however, interest on the Bonds is included in the \u201cadjusted financial statement income\u201d of certain corporations that are subject to the alternative minimum tax under Section 55 of the Code. See \u201cCertain Federal Tax Considerations\u201d below.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":38,"line":1,"text":"loss. Purchasers of the Bonds should consult their tax advisors for an explanation of the accrual rules for original issue premium and any other federal, state or local tax consequences of the purchase of any Premium Bonds. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":38,"line":2,"text":"loss. Purchasers of the Bonds should consult their tax advisors for an explanation of the accrual rules for original issue premium and any other federal, state or local tax consequences of the purchase of any Premium Bonds.  Original Issue Discount","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":38,"line":13,"text":"Discount Bond for determining taxable gain or loss on the maturity, redemption, prior sale or other disposition of a Discount Bond. Purchasers of the Bonds should consult their tax advisors for an explanation of the accrual rules for original issue discount and any other federal, state or local tax consequences of the purchase of Bonds with original issue discount.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":38,"line":14,"text":"Discount Bond. Purchasers of the Bonds should consult their tax advisors for an explanation of the accrual rules for original issue discount and any other federal, state or local tax consequences of the purchase of Bonds with original issue discount. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":38,"line":20,"text":"Ownership of the Bonds may result in collateral federal tax consequences to certain taxpayers, including, without limitation, financial institutions, S corporations with excess net passive income, property and casualty companies, individual recipients of social security or railroad retirement benefits, individuals otherwise eligible for the earned income tax credit, foreign corporations that may be subject to the foreign branch profits tax, and taxpayers who may be deemed","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":38,"line":21,"text":"limitation, financial institutions, S corporations with excess net passive income, property and casualty companies, individual recipients of social security or railroad retirement benefits, individuals otherwise eligible for the earned income tax credit, foreign corporations that may be subject to the foreign branch profits tax, and taxpayers who may be deemed to have incurred indebtedness to purchase or carry the Bonds. Bond Counsel will express no opinion with respect to","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":38,"line":23,"text":"tax credit, foreign corporations that may be subject to the foreign branch profits tax, and taxpayers who may be deemed to have incurred indebtedness to purchase or carry the Bonds. Bond Counsel will express no opinion with respect to these or any other collateral tax consequences of the ownership of the Bonds. The nature and extent of the tax benefit to a taxpayer of ownership of the Bonds will generally depend upon the particular nature of such taxpayer or such taxpayer\u2019s","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":38,"line":24,"text":"to have incurred indebtedness to purchase or carry the Bonds. Bond Counsel will express no opinion with respect to these or any other collateral tax consequences of the ownership of the Bonds. The nature and extent of the tax benefit to a taxpayer of ownership of the Bonds will generally depend upon the particular nature of such taxpayer or such taxpayer\u2019s own particular circumstances, including other items of income or deduction. Accordingly, prospective purchasers of the","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":38,"line":26,"text":"a taxpayer of ownership of the Bonds will generally depend upon the particular nature of such taxpayer or such taxpayer\u2019s own particular circumstances, including other items of income or deduction. Accordingly, prospective purchasers of the Bonds should consult their own tax advisors with respect to these and other collateral federal tax consequences resulting from ownership of the Bonds.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":38,"line":38,"text":"Commencing with interest paid in 2006, interest paid on tax-exempt obligations such as the Bonds is subject to information reporting to the Internal Revenue Service (the \u201cIRS\u201d) in a manner similar to interest paid on taxable obligations. In addition, interest on the Bonds may be subject to backup withholding if such interest is paid to a registered owner that (a) fails to provide certain identifying information (such as the registered owner\u2019s taxpayer identification","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":38,"line":46,"text":"Legislative or administrative actions and court decisions, at either the federal or state level, could have an adverse impact on the potential benefits of the exclusion from gross income of the interest on the Bonds for federal or state income tax purposes, and thus on the value or marketability of the Bonds. This impact could result from changes to federal or state income tax rates, changes in the structure of federal or state income taxes (including replacement with","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":38,"line":52,"text":"actions or court decisions having an adverse impact on the federal or state income tax treatment of holders of the Bonds may occur. Prospective purchasers of the Bonds should consult their own tax advisors regarding such matters.  Bond Counsel has not undertaken to advise in the future whether any events after the date of issuance and delivery of","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":39,"line":4,"text":" ALL POTENTIAL PURCHASERS OF THE BONDS SHOULD CONSULT WITH THEIR TAX ADVISORS IN ORDER TO UNDERSTAND THE IMPLICATIONS OF THE CODE. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":39,"line":12,"text":"Pandemics, epidemics and other public health emergencies (such as COVID-19), may adversely impact the County and its revenues, expenses and financial condition. The County cannot predict the duration and extent of such pandemics, epidemics and other health emergencies, or quantify the magnitude of their ultimate impact on the State and regional economy, or on the revenues and expenses of the County. Pandemics, epidemics and other health","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":39,"line":14,"text":"pandemics, epidemics and other health emergencies, or quantify the magnitude of their ultimate impact on the State and regional economy, or on the revenues and expenses of the County. Pandemics, epidemics and other health emergencies may be ongoing, and their dynamic nature may lead to many uncertainties, including (i) the geographic spread as they evolve; (ii) the severity as they mutate; (iii) the duration of the outbreak; (iv) actions that may be taken","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":39,"line":20,"text":"whether and to what extent the State Governor may order additional public health measures; and (ix) the impact of the outbreak and actions taken in response to the outbreak on County revenues, expenses and financial condition. Prospective investors should assume that restrictions and limitations related to COVID-19 and any future variants or pandemics may be instituted by the State or federal government.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":39,"line":39,"text":"infrastructure that provides essential services to the County, as well as resulting in economic impacts such as loss of ad valorem tax revenue, interruption of municipal services, and escalated recovery costs. No assurance can be given as to whether future extreme weather events will occur that could materially adversely affect the financial condition of the County.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":39,"line":40,"text":"ad valorem tax revenue, interruption of municipal services, and escalated recovery costs. No assurance can be given as to whether future extreme weather events will occur that could materially adversely affect the financial condition of the County. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":39,"line":47,"text":"12, as amended (the \u201cRule\u201d), as it relates to the Bonds. The County will agree in separate Certificates, substantially in the forms set forth in APPENDIX D hereto, to provide certain annual financial information to the Municipal Securities Rulemaking Board (the \u201cMSRB\u201d), and to provide, in a timely manner, to the MSRB, notice of occurrence of certain enumerated events with respect to the Bonds, if such event is applicable and material. The specific nature","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":39,"line":50,"text":"of certain enumerated events with respect to the Bonds, if such event is applicable and material. The specific nature of the annual financial information and the information to be contained in the notice of material events is specified in \u201cAPPENDIX D \u2013 Forms of Continuing Disclosure Certificates\u201d. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":40,"line":18,"text":" Morgan Stanley & Co. LLC, the underwriter of the Refunding Bonds, has entered into a distribution agreement with its affiliate, Morgan Stanley Smith Barney LLC. As part of the distribution arrangement, Morgan Stanley & Co. LLC may distribute municipal securities to retail investors through the financial advisor network of Morgan","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":40,"line":20,"text":"with its affiliate, Morgan Stanley Smith Barney LLC. As part of the distribution arrangement, Morgan Stanley & Co. LLC may distribute municipal securities to retail investors through the financial advisor network of Morgan Stanley Smith Barney LLC. As part of this arrangement, Morgan Stanley & Co. LLC may compensate Morgan Stanley Smith Barney LLC for its selling efforts with respect to the Bonds.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":41,"line":5,"text":"expressly stated, they are set forth as such and not as representations of fact. Neither this Official Statement nor any statement which may have been made verbally or in writing is to be construed as a contract with the holders of the Bonds. Any additional information may be obtained from Julie N. Tarrant, County Comptroller and Chief Financial Officer.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":41,"line":6,"text":"statement which may have been made verbally or in writing is to be construed as a contract with the holders of the Bonds. Any additional information may be obtained from Julie N. Tarrant, County Comptroller and Chief Financial Officer. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":41,"line":11,"text":"of the County of Ocean, and has been executed by the Director of the Board of Commissioners, the County Administrator, the County Comptroller and Chief Financial Officer, and the Clerk of the Board of Commissioners.  ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":41,"line":28,"text":"Julie N. Tarrant Comptroller and Chief Financial Officer  ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":45,"line":2,"text":"County of Ocean -- General Information Assessed Valuation and Tax Rate: 2025-2020 (Abstract of Ratables) Tax Rate per","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":45,"line":4,"text":"(Abstract of Ratables) Tax Rate per Year          Assessed Valuation              Net (True) Valuation $100 Valuation","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":45,"line":16,"text":" Collected Year of Levy Year                Levy                         Amount                     Percent 2024                  $455,897,751                      $455,897,751           100%","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":45,"line":17,"text":"Collected Year of Levy Year                Levy                         Amount                     Percent 2024                  $455,897,751                      $455,897,751           100% 2023                  $428,681,650                      $428,681,650           100%","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":46,"line":3,"text":"Labor Force Employment and Unemployment Data (2024-2019) Year         Labor Force         Employment Unemployment Unemployment Rate (%) 2024            289,643             276,609             13,034    4.5% 2023            302,654             289,839             12,815    4.2%","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":47,"line":6,"text":"Improvement            Improvement               Outstanding         NJIB        NJIB           Fiscal Year Year        Total Principal        Total Principal               Debt             Trust       Fund          Debt Service  2025             36,175,000               2,165,000               9,208,457        90,000      81,273         47,719,729","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":53,"line":9,"text":"INDEPENDENT AUDITOR'S REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2024 ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":55,"line":17,"text":" We have audited the accompanying financial statements of the various funds and account group of the County of Ocean, which comprise the statements of assets, liabilities, reserves and fund balance \u2013 regulatory basis as of December 31, 2024 and 2023, and the related statements of operations and changes in fund balance \u2013 regulatory","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":55,"line":18,"text":"We have audited the accompanying financial statements of the various funds and account group of the County of Ocean, which comprise the statements of assets, liabilities, reserves and fund balance \u2013 regulatory basis as of December 31, 2024 and 2023, and the related statements of operations and changes in fund balance \u2013 regulatory basis for the years then ended and the statement of revenues \u2013 regulatory basis and statement of expenditures \u2013","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":55,"line":19,"text":"Ocean, which comprise the statements of assets, liabilities, reserves and fund balance \u2013 regulatory basis as of December 31, 2024 and 2023, and the related statements of operations and changes in fund balance \u2013 regulatory basis for the years then ended and the statement of revenues \u2013 regulatory basis and statement of expenditures \u2013 regulatory basis for the year ended December 31, 2024, and the related notes to the financial statements, as listed","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":55,"line":20,"text":"December 31, 2024 and 2023, and the related statements of operations and changes in fund balance \u2013 regulatory basis for the years then ended and the statement of revenues \u2013 regulatory basis and statement of expenditures \u2013 regulatory basis for the year ended December 31, 2024, and the related notes to the financial statements, as listed in the table of contents.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":55,"line":21,"text":"basis for the years then ended and the statement of revenues \u2013 regulatory basis and statement of expenditures \u2013 regulatory basis for the year ended December 31, 2024, and the related notes to the financial statements, as listed in the table of contents. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":55,"line":26,"text":" In our opinion, the financial statements referred to above present fairly, in all material respects, the assets, liabilities, reserves and fund balance \u2013 regulatory basis of the County of Ocean, as of December 31, 2024 and 2023, and the results of its operations and changes in fund balance \u2013 regulatory basis for the years then ended and the statements","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":55,"line":27,"text":"In our opinion, the financial statements referred to above present fairly, in all material respects, the assets, liabilities, reserves and fund balance \u2013 regulatory basis of the County of Ocean, as of December 31, 2024 and 2023, and the results of its operations and changes in fund balance \u2013 regulatory basis for the years then ended and the statements of revenues \u2013 regulatory basis, statements of expenditures \u2013 regulatory basis for the year ended December 31, 2024,","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":55,"line":28,"text":"reserves and fund balance \u2013 regulatory basis of the County of Ocean, as of December 31, 2024 and 2023, and the results of its operations and changes in fund balance \u2013 regulatory basis for the years then ended and the statements of revenues \u2013 regulatory basis, statements of expenditures \u2013 regulatory basis for the year ended December 31, 2024, in accordance with the financial reporting provisions of the Division of Local Government Services, Department of","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":55,"line":29,"text":"results of its operations and changes in fund balance \u2013 regulatory basis for the years then ended and the statements of revenues \u2013 regulatory basis, statements of expenditures \u2013 regulatory basis for the year ended December 31, 2024, in accordance with the financial reporting provisions of the Division of Local Government Services, Department of Community Affairs, State of New Jersey as described in Note 1.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":55,"line":30,"text":"of revenues \u2013 regulatory basis, statements of expenditures \u2013 regulatory basis for the year ended December 31, 2024, in accordance with the financial reporting provisions of the Division of Local Government Services, Department of Community Affairs, State of New Jersey as described in Note 1. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":55,"line":36,"text":"In our opinion, because of the significance of the matter discussed in the Basis for Adverse Opinion on U.S. Generally Accepted Accounting Principles section of our report, 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 the County of Ocean, as of December 31, 2024 and 2023, or the results of its operations and","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":55,"line":38,"text":"present fairly, in accordance with accounting principles generally accepted in the United States of America, the financial position of the County of Ocean, as of December 31, 2024 and 2023, or the results of its operations and changes in fund balance for the years then ended. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":55,"line":39,"text":"financial position of the County of Ocean, as of December 31, 2024 and 2023, or the results of its operations and changes in fund balance for the years then ended.  Basis for Opinions","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":55,"line":44,"text":"We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and in compliance with audit requirements prescribed by the Division of Local Government Services, Department of Community Affairs, State of New Jersey. Our responsibilities under","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":55,"line":47,"text":"Local Government Services, Department of Community Affairs, State of New Jersey. Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of the County of Ocean and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audit. We believe that the audit","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":55,"line":50,"text":"responsibilities, in accordance with the relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":56,"line":3,"text":" As described in Note 1 of the financial statements, the financial statements are prepared by the County of Ocean, on the basis of the financial reporting provisions of 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","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":56,"line":4,"text":"As described in Note 1 of the financial statements, the financial statements are prepared by the County of Ocean, on the basis of the financial reporting provisions of 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 the Division of Local Government Services,","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":56,"line":7,"text":"accepted in the United States of America, to meet the requirements of the Division of Local Government Services, Department of Community Affairs, State 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 and pervasive.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":56,"line":11,"text":" Responsibilities of Management for the Financial Statements  Management is responsible for the preparation and fair presentation of these financial statements in accordance with","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":56,"line":13,"text":" Management is responsible for the preparation and fair presentation of these financial statements in accordance with the financial reporting provisions of the Division of Local Government Services, Department of Community Affairs, State of New Jersey. Management is also responsible for the design, implementation, and maintenance of internal","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":56,"line":14,"text":"Management is responsible for the preparation and fair presentation of these financial statements in accordance with the financial reporting provisions of the Division of Local Government Services, Department of Community Affairs, State of New 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","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":56,"line":16,"text":"State of New 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 misstatement, whether due to fraud or error. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":56,"line":19,"text":" Auditor\u2019s Responsibilities for the Audit of the Financial Statements  Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":56,"line":21,"text":" Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":56,"line":30,"text":"if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment made by a reasonable user based on the financial statements.  In performing an audit in accordance with generally accepted auditing standards, Government Auditing Standards,","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":56,"line":36,"text":"\uf0b7 Exercise professional judgment and maintain professional skepticism throughout the audit. \uf0b7 Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":56,"line":38,"text":"error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. \uf0b7 Obtain an understanding of internal control(s) relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":56,"line":40,"text":"\uf0b7 Obtain an understanding of internal control(s) relevant to the audit 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 County of Ocean's internal control. Accordingly, no such opinion is expressed. \uf0b7 Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":56,"line":42,"text":"of the County of Ocean's internal control. Accordingly, no such opinion is expressed. \uf0b7 Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements. \uf0b7 Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":56,"line":43,"text":"\uf0b7 Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements. \uf0b7 Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the County of Ocean's ability to continue as a going concern for a reasonable period","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":57,"line":4,"text":"In accordance with Government Auditing Standards, we have also issued our report dated June 25, 2025, on our consideration of the County of Ocean\u0092s 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 solely to describe the scope of our testing of internal control over financial reporting and compliance and","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":57,"line":5,"text":"consideration of the County of Ocean\u0092s 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 solely 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 the effectiveness of the County of Ocean\u0092s internal","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":57,"line":6,"text":"with certain provisions of laws, regulations, contracts, and grant agreements and other matters. The purpose of that report is solely 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 the effectiveness of the County of Ocean\u0092s internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":57,"line":8,"text":"the results of that testing, and not to provide an opinion on the effectiveness of the County of Ocean\u0092s 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 County of Ocean\u0092s internal control over financial reporting and compliance.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":57,"line":9,"text":"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 County of Ocean\u0092s internal control over financial reporting and compliance. ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":59,"line":7,"text":" INDEPENDENT AUDITOR\u2019S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":59,"line":9,"text":"REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":59,"line":19,"text":"We have audited, in accordance with the auditing standards generally accepted in the United States of America, the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States and audit requirements as prescribed by the Division of Local Government Services, Department of Community Affairs, State of New Jersey, the financial","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":59,"line":21,"text":"by the Comptroller General of the United States and audit requirements as prescribed by the Division of Local Government Services, Department of Community Affairs, State of New Jersey, the financial statements - regulatory basis of the County of Ocean, as of and for the year ended December 31, 2024, and the related notes to the financial statements, which collectively comprise the County's basic financial","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":59,"line":23,"text":"statements - regulatory basis of the County of Ocean, as of and for the year ended December 31, 2024, and the related notes to the financial statements, which collectively comprise the County's basic financial statements, and have issued our report thereon dated June 25, 2025. Our report indicated that the County\u2019s financial statements were not prepared in accordance with accounting principles generally accepted in the","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":59,"line":25,"text":"statements, and have issued our report thereon dated June 25, 2025. Our report indicated that the County\u2019s financial statements were not prepared in accordance with accounting principles generally accepted in the United States of America but rather prepared in accordance with the regulatory basis of accounting prescribed by the Division of Local Government Services, Department of Community Affairs, State of","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":59,"line":30,"text":" Report On Internal Control Over Financial Reporting  In planning and performing our audit of the financial statements, we considered the County's internal","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":59,"line":32,"text":" In planning and performing our audit of the financial statements, we considered the County's internal control over financial reporting (internal control) as a basis for designing audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements,","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":59,"line":33,"text":"In planning and performing our audit of the financial statements, we considered the County's internal control over financial reporting (internal control) as a basis for designing audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the County\u2019s internal control.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":59,"line":34,"text":"control over financial reporting (internal control) as a basis for designing audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the County\u2019s internal control. Accordingly, we do not express an opinion on the effectiveness of the County\u2019s internal control.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":59,"line":42,"text":"of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity\u2019s 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","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":60,"line":3,"text":" As part of obtaining reasonable assurance about whether the County's financial statements are free from 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","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":60,"line":5,"text":"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","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":60,"line":6,"text":"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","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":61,"line":1,"text":"BASIC FINANCIAL STATEMENTS","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":63,"line":6,"text":"CURRENT FUND STATEMENTS OF ASSETS, LIABILITIES, RESERVES AND FUND BALANCE REGULATORY BASIS DECEMBER 31, 2024 AND 2023","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":63,"line":23,"text":"County Share of Added and Omitted Taxes                                                  3,626,970.19           3,607,634.82 Revenue Accounts Receivable                                                              2,060,634.62           1,805,643.40 Inventory: Central Supply Warehouse                                                                     478,741.60          397,350.58","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":63,"line":29,"text":"General Capital Fund                                                                       240,088.07             216,215.66 Grant Fund                                                                               3,414,197.53           2,639,100.99  Total Receivables & Other Assets With Full Reserves                                     9,954,371.74           8,814,650.49","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":63,"line":36,"text":" State & Federal Grants: Cash and Cash Equivalents                                                               94,005,736.96         112,290,216.65 Mortgage Receivable                                                                      5,082,579.03           4,727,101.04","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":63,"line":39,"text":"Mortgage Receivable                                                                      5,082,579.03           4,727,101.04 Grants Receivable                                                                       64,124,558.45          57,711,238.79  Total State & Federal Grants                                                          163,212,874.44         174,728,556.48","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":63,"line":41,"text":" Total State & Federal Grants                                                          163,212,874.44         174,728,556.48  Total Assets                                                               $        344,139,212.87     $   359,583,687.38","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":63,"line":48,"text":" The accompanying Notes to the Financial Statement are an integral part of this Statement.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":64,"line":6,"text":"CURRENT FUND STATEMENTS OF ASSETS, LIABILITIES, RESERVES AND FUND BALANCE REGULATORY BASIS DECEMBER 31, 2024 AND 2023","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":64,"line":13,"text":" LIABILITIES RESERVES & FUND BALANCE  Regular Fund:","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":64,"line":17,"text":"Liabilities: Appropriation Reserves                                                       $         24,783,711.87   $    33,042,376.18 Reserve for Encumbrances                                                               41,530,161.46        37,966,344.93 Accounts Payable                                                                        6,657,559.27         8,332,358.86","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":64,"line":20,"text":"Accounts Payable                                                                        6,657,559.27         8,332,358.86 Reserve for Payroll Liabilities                                                         2,884,261.62         5,229,537.67 Sales Tax Payable - Parks                                                                      48.29                15.84 Parks - Due to Cuisine on the Green                                                           201.00                72.00","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":64,"line":31,"text":"Reserve for Receivables & Other Assets                                                     9,954,371.74         8,814,650.49 Fund Balance                                                                              78,261,142.06        74,977,947.44  Total Regular Fund                                                                    180,926,338.43       184,855,130.90","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":64,"line":35,"text":" State & Federal Grants: Interfund - Current Fund                                                                 3,414,197.53         2,639,100.99 Reserve for Mortgage Receivable                                                          5,082,579.03         4,727,101.04","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":64,"line":43,"text":"Reserve for Encumbrances                                                                92,194,442.26        29,996,372.34 Due to Grantor                                                                              53,336.61                  - Appropriated Reserves                                                                   52,513,598.95        57,610,633.01 Unappropriated Reserves                                                                     54,013.43        74,815,982.09","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":64,"line":44,"text":"Due to Grantor                                                                              53,336.61                  - Appropriated Reserves                                                                   52,513,598.95        57,610,633.01 Unappropriated Reserves                                                                     54,013.43        74,815,982.09 ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":64,"line":45,"text":"Appropriated Reserves                                                                   52,513,598.95        57,610,633.01 Unappropriated Reserves                                                                     54,013.43        74,815,982.09  Total State & Federal Grants                                                          163,212,874.44       174,728,556.48","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":64,"line":47,"text":" Total State & Federal Grants                                                          163,212,874.44       174,728,556.48  Total Liabilities, Reserves & Fund Balance                                 $        344,139,212.87   $   359,583,687.38","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":64,"line":49,"text":" Total Liabilities, Reserves & Fund Balance                                 $        344,139,212.87   $   359,583,687.38  ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":64,"line":54,"text":" The accompanying Notes to the Financial Statement are an integral part of this Statement.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":65,"line":6,"text":"CURRENT FUND STATEMENTS OF OPERATIONS AND CHANGES IN FUND BALANCE REGULATORY BASIS FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":65,"line":12,"text":"2024                 2023 Revenue & Other Income Realized: Fund Balance Utilized                                                             $         37,500,000.00   $    38,500,000.00 Miscellaneous Revenue Anticipated                                                          187,504,249.63       130,985,465.79","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":65,"line":13,"text":"Revenue & Other Income Realized: Fund Balance Utilized                                                             $         37,500,000.00   $    38,500,000.00 Miscellaneous Revenue Anticipated                                                          187,504,249.63       130,985,465.79 Receipts From Current Taxes                                                                455,897,751.00       428,681,650.00","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":65,"line":14,"text":"Fund Balance Utilized                                                             $         37,500,000.00   $    38,500,000.00 Miscellaneous Revenue Anticipated                                                          187,504,249.63       130,985,465.79 Receipts From Current Taxes                                                                455,897,751.00       428,681,650.00 Nonbudget Revenue                                                                            8,306,809.24         9,378,179.56","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":65,"line":16,"text":"Receipts From Current Taxes                                                                455,897,751.00       428,681,650.00 Nonbudget Revenue                                                                            8,306,809.24         9,378,179.56 Other Credits to Income: Prior Year Interfunds Returned                                                                      -              17,939.32","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":65,"line":19,"text":"Prior Year Interfunds Returned                                                                      -              17,939.32 Unexpended Balance of Appropriation Reserves                                              21,957,397.15        17,893,890.15 Cancelled Accounts Payable                                                                   184,973.80            48,735.65 Cancelled Federal and State Grant Appropriated Reserves                                    7,291,021.12         2,631,340.17","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":65,"line":21,"text":"Cancelled Accounts Payable                                                                   184,973.80            48,735.65 Cancelled Federal and State Grant Appropriated Reserves                                    7,291,021.12         2,631,340.17  Total Revenues                                                                              718,642,201.94       628,137,200.64","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":65,"line":23,"text":" Total Revenues                                                                              718,642,201.94       628,137,200.64  Expenditures:","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":65,"line":25,"text":" Expenditures: Budget Appropriations Operations:","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":65,"line":26,"text":"Expenditures: Budget Appropriations Operations: Salaries & Wages                                                                       154,389,769.00       142,491,547.00","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":65,"line":28,"text":"Operations: Salaries & Wages                                                                       154,389,769.00       142,491,547.00 Other Expenses                                                                         329,119,563.00       273,950,367.00 Capital Improvement Fund                                                                  71,247,689.00        59,971,277.00","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":65,"line":31,"text":"Capital Improvement Fund                                                                  71,247,689.00        59,971,277.00 Debt Service                                                                              57,049,301.89        58,158,762.86 Deferred Charges and Statutory Expenditures                                               57,864,147.90        53,512,406.88 Other Expenditures and Adjustments:","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":65,"line":32,"text":"Debt Service                                                                              57,049,301.89        58,158,762.86 Deferred Charges and Statutory Expenditures                                               57,864,147.90        53,512,406.88 Other Expenditures and Adjustments: Refund of Prior Year Revenue                                                                  68,316.82             3,402.00","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":65,"line":33,"text":"Deferred Charges and Statutory Expenditures                                               57,864,147.90        53,512,406.88 Other Expenditures and Adjustments: Refund of Prior Year Revenue                                                                  68,316.82             3,402.00 Interfunds Advanced                                                                          860,424.06                  -","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":65,"line":34,"text":"Other Expenditures and Adjustments: Refund of Prior Year Revenue                                                                  68,316.82             3,402.00 Interfunds Advanced                                                                          860,424.06                  - Cancelled Federal and State Grant Receivables                                              7,259,795.65         2,563,797.07","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":65,"line":36,"text":"Interfunds Advanced                                                                          860,424.06                  - Cancelled Federal and State Grant Receivables                                              7,259,795.65         2,563,797.07  Total Expenditures                                                                          677,859,007.32       590,651,559.81","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":65,"line":38,"text":" Total Expenditures                                                                          677,859,007.32       590,651,559.81  Statutory Excess to Fund Balance                                                             40,783,194.62        37,485,640.83","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":65,"line":40,"text":" Statutory Excess to Fund Balance                                                             40,783,194.62        37,485,640.83 Fund Balance, January 1                                                                      74,977,947.44        75,992,306.61 115,761,142.06       113,477,947.44","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":65,"line":41,"text":"Statutory Excess to Fund Balance                                                             40,783,194.62        37,485,640.83 Fund Balance, January 1                                                                      74,977,947.44        75,992,306.61 115,761,142.06       113,477,947.44 Decreased by:","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":65,"line":44,"text":"Decreased by: Utilization as Anticipated Revenue                                                           37,500,000.00        38,500,000.00  Fund Balance, December 31                                                          $         78,261,142.06   $    74,977,947.44","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":65,"line":46,"text":" Fund Balance, December 31                                                          $         78,261,142.06   $    74,977,947.44  ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":65,"line":51,"text":" The accompanying Notes to the Financial Statement are an integral part of this Statement.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":66,"line":7,"text":"CURRENT FUND STATEMENT OF REVENUES - REGULATORY BASIS FOR THE YEAR ENDED DECEMBER 31, 2024 ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":66,"line":12,"text":"Special N.J.S.                        Excess or Budget           40A:4-87           Realized         (Deficit)  Fund Balance Anticipated                                                         $ 37,500,000.00 $                -     $ 37,500,000.00 $               -","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":66,"line":14,"text":" Fund Balance Anticipated                                                         $ 37,500,000.00 $                -     $ 37,500,000.00 $               -  Miscellaneous Revenues Anticipated:","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":66,"line":16,"text":" Miscellaneous Revenues Anticipated: Recording Fees - County Clerk Fees                                                  9,800,000.00                -        9,366,485.20      (433,514.80) Surrogate Fees                                                                        530,000.00                -          593,470.85        63,470.85","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":66,"line":25,"text":"Passport Fees - County Clerk                                                          700,000.00                -          956,685.00       256,685.00 Federal and State Contract - Indirect Cost Allocation                                 950,000.00                -        1,592,973.79       642,973.79 College Debt Service Reimbursement                                                  1,770,111.00                -        1,770,111.56             0.56 Rent - Ocean County Air Park                                                           80,000.00                -          174,747.94        94,747.94","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":66,"line":26,"text":"Federal and State Contract - Indirect Cost Allocation                                 950,000.00                -        1,592,973.79       642,973.79 College Debt Service Reimbursement                                                  1,770,111.00                -        1,770,111.56             0.56 Rent - Ocean County Air Park                                                           80,000.00                -          174,747.94        94,747.94 Rent - Parks - Picnic Areas                                                            20,000.00                -           39,755.00        19,755.00","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":66,"line":31,"text":"County Parks - Non-Profit Program                                                      40,000.00                -           99,404.63        59,404.63 Shared Services Agreements - Vehicle Services                                         454,500.00                -          288,521.50      (165,978.50) Shared Services Agreements - Planning                                                        -            70,000.00         60,000.00       (10,000.00) Shared Services Agreements - Engineering                                                     -             9,000.00         30,593.08        21,593.08","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":66,"line":32,"text":"Shared Services Agreements - Vehicle Services                                         454,500.00                -          288,521.50      (165,978.50) Shared Services Agreements - Planning                                                        -            70,000.00         60,000.00       (10,000.00) Shared Services Agreements - Engineering                                                     -             9,000.00         30,593.08        21,593.08 Shared Services Agreements - Roads                                                           -           760,311.00      1,817,735.61     1,057,424.61","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":66,"line":33,"text":"Shared Services Agreements - Planning                                                        -            70,000.00         60,000.00       (10,000.00) Shared Services Agreements - Engineering                                                     -             9,000.00         30,593.08        21,593.08 Shared Services Agreements - Roads                                                           -           760,311.00      1,817,735.61     1,057,424.61 Shared Services Agreements - School Board Election                                           -                  -          210,084.13       210,084.13","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":66,"line":34,"text":"Shared Services Agreements - Engineering                                                     -             9,000.00         30,593.08        21,593.08 Shared Services Agreements - Roads                                                           -           760,311.00      1,817,735.61     1,057,424.61 Shared Services Agreements - School Board Election                                           -                  -          210,084.13       210,084.13 Atlantis Complex Revenues                                                             900,000.00                -        1,359,349.56       459,349.56","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":66,"line":35,"text":"Shared Services Agreements - Roads                                                           -           760,311.00      1,817,735.61     1,057,424.61 Shared Services Agreements - School Board Election                                           -                  -          210,084.13       210,084.13 Atlantis Complex Revenues                                                             900,000.00                -        1,359,349.56       459,349.56 Forge Pond Golf Course Fees                                                           600,000.00                -        1,009,977.17       409,977.17","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":66,"line":36,"text":"Shared Services Agreements - School Board Election                                           -                  -          210,084.13       210,084.13 Atlantis Complex Revenues                                                             900,000.00                -        1,359,349.56       459,349.56 Forge Pond Golf Course Fees                                                           600,000.00                -        1,009,977.17       409,977.17 Atlantis Pro Shop                                                                      40,000.00                -           84,453.50        44,453.50","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":66,"line":40,"text":"Forge Pond Pro Shop                                                                    40,000.00                -           93,246.20        53,246.20 Reimbursement for Salary and Wages of Mental Health Coordinator                        12,000.00                -           12,000.00              - State Aid - County College Bonds (N. J. S. 18A:64A-22-6)                            2,693,134.00                -        2,693,134.72             0.72 State Aid - County Vocational School Bonds (N.J.S.A. 44:7-38 et. Seq.)                591,974.00                -          591,974.00              -","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":66,"line":43,"text":"State Aid - County Vocational School Bonds (N.J.S.A. 44:7-38 et. Seq.)                591,974.00                -          591,974.00              - Prosecutor's Salary Reimbursement                                                     104,167.00                -          204,329.74       100,162.74 State and Federal Reimbursement School Nutrition                                       30,000.00                -           32,061.74         2,061.74 Library Pension Payment                                                             2,739,902.00                -        2,739,902.00              -","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":66,"line":45,"text":"State and Federal Reimbursement School Nutrition                                       30,000.00                -           32,061.74         2,061.74 Library Pension Payment                                                             2,739,902.00                -        2,739,902.00              - HUD Pension Payment                                                                    10,009.00                -                 -         (10,009.00) County Clerk Salary Reimbursement                                                      17,368.00                -           32,134.34        14,766.34","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":66,"line":46,"text":"Library Pension Payment                                                             2,739,902.00                -        2,739,902.00              - HUD Pension Payment                                                                    10,009.00                -                 -         (10,009.00) County Clerk Salary Reimbursement                                                      17,368.00                -           32,134.34        14,766.34 Sheriff Salary Reimbursement                                                           10,039.00                -           17,476.34         7,437.34","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":66,"line":47,"text":"HUD Pension Payment                                                                    10,009.00                -                 -         (10,009.00) County Clerk Salary Reimbursement                                                      17,368.00                -           32,134.34        14,766.34 Sheriff Salary Reimbursement                                                           10,039.00                -           17,476.34         7,437.34 Surrogate Salary Reimbursement                                                         22,484.00                -           42,366.34        19,882.34","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":66,"line":48,"text":"County Clerk Salary Reimbursement                                                      17,368.00                -           32,134.34        14,766.34 Sheriff Salary Reimbursement                                                           10,039.00                -           17,476.34         7,437.34 Surrogate Salary Reimbursement                                                         22,484.00                -           42,366.34        19,882.34 Supplemental Security Income                                                        1,393,235.00                -        1,233,323.00      (159,912.00)","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":66,"line":49,"text":"Sheriff Salary Reimbursement                                                           10,039.00                -           17,476.34         7,437.34 Surrogate Salary Reimbursement                                                         22,484.00                -           42,366.34        19,882.34 Supplemental Security Income                                                        1,393,235.00                -        1,233,323.00      (159,912.00) Special Items:","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":66,"line":52,"text":"Special Items: State and Federal Revenues Offset with Appropriations: Adult Literacy Innovations                                                                 -           300,000.00        300,000.00                 - Adult Protective Services                                                           451,670.00                -          451,670.00                 -","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":66,"line":56,"text":"AKC Reunite Adopt a K-9 FY24                                                               -             7,500.00          7,500.00                 - Allergan Payment 1                                                                         -           196,635.00        196,635.00                 - Allergan Payment 2                                                                         -           196,771.00        196,771.00                 - American Rescue Plan - Redistribution                                                      -           432,500.00        432,500.00                 -","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":66,"line":57,"text":"Allergan Payment 1                                                                         -           196,635.00        196,635.00                 - Allergan Payment 2                                                                         -           196,771.00        196,771.00                 - American Rescue Plan - Redistribution                                                      -           432,500.00        432,500.00                 - Area Plan III E State FY24                                                          106,727.00           5,695.00        112,422.00                 -","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":66,"line":71,"text":"Council of the Arts                                                                 264,500.00                -          264,500.00                 - CVS Payment 1                                                                              -           211,800.00        211,800.00                 - CVS Payment 2                                                                              -           167,204.00        167,204.00                 - CMQA                                                                                 23,810.00                -           23,810.00                 -","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":66,"line":72,"text":"CVS Payment 1                                                                              -           211,800.00        211,800.00                 - CVS Payment 2                                                                              -           167,204.00        167,204.00                 - CMQA                                                                                 23,810.00                -           23,810.00                 - ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":66,"line":77,"text":" The accompanying Notes to the Financial Statement are an integral part of this Statement.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":67,"line":7,"text":"CURRENT FUND STATEMENT OF REVENUES - REGULATORY BASIS FOR THE YEAR ENDED DECEMBER 31, 2024 ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":67,"line":12,"text":"Special N.J.S.                   Excess or Budget           40A:4-87        Realized       (Deficit)  Special Items (continued):","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":67,"line":15,"text":"Special Items (continued): State and Federal Revenues Offset with Appropriations (continued): DCA - Home Delivered Meals                                                           71,979.00                -        71,979.00               - DHS - Emergency Food and Shelter                                                    999,780.00                -       999,780.00               -","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":67,"line":18,"text":"DHS - Emergency Food and Shelter                                                    999,780.00                -       999,780.00               - Distributor Payment 4                                                                      -           652,493.00     652,493.00               - Distributor Payment 7                                                                      -           277,384.00     277,384.00               - DRE Callout Program FY23                                                             84,000.00                -        84,000.00               -","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":67,"line":19,"text":"Distributor Payment 4                                                                      -           652,493.00     652,493.00               - Distributor Payment 7                                                                      -           277,384.00     277,384.00               - DRE Callout Program FY23                                                             84,000.00                -        84,000.00               - DRE Callout Program FY24                                                                   -            55,000.00      55,000.00               -","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":67,"line":30,"text":"Human Services Advisory Council FY25                                                       -            68,904.00      68,904.00               - Insurance Fraud Program FY24                                                               -           300,000.00     300,000.00               - Janssen Payment 4                                                                          -           538,225.00     538,225.00               - ARPA- Housing & Homelessness                                                               -         5,268,742.00   5,268,742.00               -","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":67,"line":31,"text":"Insurance Fraud Program FY24                                                               -           300,000.00     300,000.00               - Janssen Payment 4                                                                          -           538,225.00     538,225.00               - ARPA- Housing & Homelessness                                                               -         5,268,742.00   5,268,742.00               - ARPA- Benefits Navigator                                                                   -           750,000.00     750,000.00               -","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":67,"line":33,"text":"ARPA- Housing & Homelessness                                                               -         5,268,742.00   5,268,742.00               - ARPA- Benefits Navigator                                                                   -           750,000.00     750,000.00               - ARPA-Aging & Disability Prog                                                               -           421,680.00     421,680.00               - ARPA-On Point Expansion                                                                    -           200,000.00     200,000.00               -","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":67,"line":56,"text":"ARPA-Manchester T&D                                                                        -         2,094,763.00   2,094,763.00               - ARPA-Nonprofit Grant Writing Program                                                       -            30,000.00      30,000.00               - ARPA-OCUA Clarifier Rehab                                                                  -         3,983,853.00   3,983,853.00               - ARPA-Berkeley Stormwater                                                                   -         2,892,223.00   2,892,223.00               -","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":67,"line":71,"text":" The accompanying Notes to the Financial Statement are an integral part of this Statement.","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."},{"entity":"Public body identified by the source","fund":"not_assigned","period_kind":"source_context_not_normalized","budget_status":"source_context","accounting_basis":"not_assigned","definition":"Source excerpt or table row; not a canonical measurement. OCR requires visual verification before a new numerical claim.","record_type":"financial_source_context","source_url":"https://www.co.ocean.nj.us//WebContentFiles//3e33c96b-7e08-4d51-a713-a897cb5f6c15.pdf","source_label":"county-budgets-2025-ocean-county-os.pdf","page":68,"line":7,"text":"CURRENT FUND STATEMENT OF REVENUES - REGULATORY BASIS FOR THE YEAR ENDED DECEMBER 31, 2024 ","text_method":"existing_text","interpretation":"Source context, not a normalized financial measure; OCR may require visual confirmation."}]