-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NNSE1qNlYrrmFHmDFOHbc1J7Kazz0jL+C7Fbu3bq2cmoj9AJxEffUYBd2d21arYO RQHs8EF/axSYA0vkYXcb2A== 0000932471-03-000030.txt : 20030123 0000932471-03-000030.hdr.sgml : 20030123 20030123100555 ACCESSION NUMBER: 0000932471-03-000030 CONFORMED SUBMISSION TYPE: NSAR-B PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20021130 FILED AS OF DATE: 20030123 EFFECTIVENESS DATE: 20030123 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD NEW JERSEY TAX-FREE FUNDS CENTRAL INDEX KEY: 0000821404 STATE OF INCORPORATION: DE FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: NSAR-B SEC ACT: 1940 Act SEC FILE NUMBER: 811-05340 FILM NUMBER: 03521650 BUSINESS ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 BUSINESS PHONE: 6106696295 MAIL ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD NEW JERSEY TAX FREE FUND DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD NEW JERSEY TAX FREE FUNDS DATE OF NAME CHANGE: 20011121 NSAR-B 1 answer.fil NJ NSAR PAGE 1 000 B000000 11/30/2002 000 C000000 0000821404 000 D000000 N 000 E000000 NF 000 F000000 Y 000 G000000 N 000 H000000 N 000 I000000 6.1 000 J000000 U 001 A000000 VANGUARD NEW JERSEY TAX-FREE FUNDS 001 B000000 811-5340 001 C000000 6106691000 002 A000000 100 VANGUARD BOULEVARD 002 B000000 MALVERN 002 C000000 PA 002 D010000 19355 003 000000 N 004 000000 N 005 000000 N 006 000000 N 007 A000000 Y 007 B000000 2 018 00AA00 Y 019 A00AA00 Y 019 B00AA00 109 019 C00AA00 VANGUARDGR 022 A000001 CHASE INVESTMENT SECURITIES CORP. 022 B000001 13-3112953 022 C000001 451748 022 D000001 154711 022 A000002 VANGUARD INTERMEDIATE-TERM TAX-EXEMPT FUND 022 B000002 23-2471389 022 C000002 324075 022 D000002 239800 022 A000003 GOLDMAN, SACHS & CO. 022 B000003 13-5108880 022 C000003 932852 022 D000003 33550 022 A000004 LEHMAN BROTHERS INC. 022 B000004 13-2518466 022 C000004 271047 022 D000004 50500 022 A000005 SALOMON SMITH BARNEY INC. 022 B000005 11-2418191 022 C000005 180959 022 D000005 91345 022 A000006 MORGAN STANLEY DEAN WITTER & CO. 022 B000006 13-2655998 022 C000006 157899 022 D000006 64491 022 A000007 VANGUARD NEW JERSEY LONG-TERM FUND PAGE 2 022 B000007 23-2488282 022 C000007 118860 022 D000007 73400 022 A000008 VANGUARD NEW JERSEY MONEY MARKET FUND 022 B000008 23-2449299 022 C000008 73400 022 D000008 118860 022 A000009 A.H. WILLIAMS & CO., INC. 022 C000009 162935 022 D000009 12889 022 A000010 UBS PAINEWEBBER INC. 022 B000010 13-2638166 022 C000010 89969 022 D000010 48359 023 C000000 3801312 023 D000000 1354826 024 00AA00 N 026 A000000 N 026 B000000 Y 026 C000000 N 026 D000000 Y 026 E000000 N 026 F000000 N 026 G010000 N 026 G020000 Y 026 H000000 N 027 000000 Y 029 00AA00 N 030 A00AA00 0 030 B00AA00 0.00 030 C00AA00 0.00 058 A00AA00 N 059 00AA00 Y 060 A00AA00 N 060 B00AA00 N 061 00AA00 3000 066 A00AA00 N 067 00AA00 N 068 A00AA00 N 068 B00AA00 N 069 00AA00 N 077 A000000 Y 077 B000000 Y 077 C000000 Y 077 D000000 Y 077 E000000 N 077 F000000 N 077 G000000 N 077 H000000 N 077 I000000 N 077 J000000 N PAGE 3 077 K000000 N 077 L000000 N 077 M000000 N 077 N000000 N 077 O000000 N 077 P000000 N 077 Q010000 N 077 Q020000 N 077 Q030000 Y 078 000000 N 080 A00AA00 ICI MUTUAL INSURANCE COMPANY 080 C00AA00 400000 081 A00AA00 Y 081 B00AA00 132 082 A00AA00 N 082 B00AA00 0 083 A00AA00 N 083 B00AA00 0 084 A00AA00 N 084 B00AA00 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O010100 Y 070 O020100 N 070 P010100 Y 070 P020100 Y 070 Q010100 N 070 Q020100 N 070 R010100 N 070 R020100 N 071 A000100 277714 071 B000100 220733 071 C000100 1454541 071 D000100 15 072 A000100 12 072 B000100 74331 PAGE 5 072 C000100 0 072 D000100 0 072 E000100 0 072 F000100 180 072 G000100 233 072 H000100 0 072 Y000100 124 072 Z000100 72103 072AA000100 12128 072BB000100 5245 072CC010100 14455 072CC020100 0 072DD010100 45566 072DD020100 26537 072EE000100 2839 073 A010100 0.5750 073 A020100 0.5820 073 B000100 0.0240 073 C000100 0.0000 074 A000100 164 074 B000100 0 074 C000100 59611 074 D000100 1470049 074 E000100 0 074 F000100 0 074 G000100 0 074 H000100 0 074 I000100 302 074 J000100 0 074 K000100 0 074 L000100 28565 074 M000100 0 074 N000100 1558691 074 O000100 0 074 P000100 1394 074 Q000100 0 074 R010100 0 074 R020100 0 074 R030100 0 074 R040100 2647 074 S000100 0 074 T000100 1554650 074 U010100 79395 074 U020100 49495 074 V010100 12.06 074 V020100 12.06 074 W000100 0.0000 074 X000100 16355 074 Y000100 2496 075 A000100 0 075 B000100 1504162 PAGE 6 076 000100 0.00 028 A010200 79729 028 A020200 1616 028 A030200 0 028 A040200 102509 028 B010200 124728 028 B020200 1547 028 B030200 0 028 B040200 98520 028 C010200 83454 028 C020200 1544 028 C030200 0 028 C040200 92565 028 D010200 96713 028 D020200 1656 028 D030200 0 028 D040200 83158 028 E010200 139589 028 E020200 1876 028 E030200 0 028 E040200 84447 028 F010200 87268 028 F020200 1640 028 F030200 0 028 F040200 84440 028 G010200 611481 028 G020200 9879 028 G030200 0 028 G040200 545639 028 H000200 0 055 A000200 N 055 B000200 N 056 000200 Y 057 000200 N 062 A000200 Y 062 B000200 0.0 062 C000200 0.0 062 D000200 0.0 062 E000200 99.6 062 F000200 0.0 062 G000200 0.0 062 H000200 0.0 062 I000200 0.0 062 J000200 0.0 062 K000200 0.0 062 L000200 0.0 062 M000200 0.0 062 N000200 0.0 062 O000200 0.0 062 P000200 0.0 062 Q000200 0.0 PAGE 7 062 R000200 0.0 063 A000200 48 063 B000200 0.0 064 A000200 Y 064 B000200 N 070 A010200 Y 070 A020200 N 070 B010200 N 070 B020200 N 070 C010200 N 070 C020200 N 070 D010200 N 070 D020200 N 070 E010200 N 070 E020200 N 070 F010200 N 070 F020200 N 070 G010200 N 070 G020200 N 070 H010200 N 070 H020200 N 070 I010200 N 070 I020200 N 070 J010200 Y 070 J020200 Y 070 K010200 Y 070 K020200 N 070 L010200 N 070 L020200 N 070 M010200 N 070 M020200 N 070 N010200 Y 070 N020200 N 070 O010200 Y 070 O020200 N 070 P010200 Y 070 P020200 Y 070 Q010200 N 070 Q020200 N 070 R010200 N 070 R020200 N 071 A000200 0 071 B000200 0 071 C000200 0 071 D000200 0 072 A000200 12 072 B000200 24101 072 C000200 0 072 D000200 0 072 E000200 0 072 F000200 199 PAGE 8 072 G000200 759 072 H000200 0 072 I000200 1418 072 J000200 10 072 K000200 0 072 L000200 96 072 M000200 2 072 N000200 0 072 O000200 0 072 P000200 0 072 Q000200 0 072 R000200 8 072 S000200 0 072 T000200 327 072 U000200 0 072 V000200 0 072 W000200 0 072 X000200 2819 072 Y000200 0 072 Z000200 21282 072AA000200 300 072BB000200 0 072CC010200 0 072CC020200 0 072DD010200 21282 072DD020200 0 072EE000200 0 073 A010200 0.0130 073 A020200 0.0000 073 B000200 0.0000 073 C000200 0.0000 074 A000200 105 074 B000200 0 074 C000200 1749861 074 D000200 0 074 E000200 0 074 F000200 0 074 G000200 0 074 H000200 0 074 I000200 339 074 J000200 200 074 K000200 0 074 L000200 12384 074 M000200 0 074 N000200 1762889 074 O000200 0 074 P000200 1410 074 Q000200 0 074 R010200 0 074 R020200 0 074 R030200 0 PAGE 9 074 R040200 3948 074 S000200 0 074 T000200 1757531 074 U010200 1757212 074 U020200 0 074 V010200 1.00 074 V020200 0.00 074 W000200 1.0004 074 X000200 15591 074 Y000200 0 075 A000200 1663562 075 B000200 0 076 000200 0.00 SIGNATURE SUSAN A. TRONEL TITLE MANAGER EX-99.77B ACCT LTTR 3 b77.txt PWC LETTER Report of Independent Accountants To the Shareholders and Trustees of Vanguard New Jersey Tax-Exempt Funds In planning and performing our audit of the financial statements of Vanguard New Jersey Tax-Exempt Funds (the "Funds") for the year ended November 30, 2002, we considered their internal control, including control activities for safeguarding securities, in order to determine our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-SAR, not to provide assurance on internal control. The management of the Funds is responsible for establishing and maintaining internal control. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. Generally, controls that are relevant to an audit pertain to the entity's objective of preparing financial statements for external purposes that are fairly presented in conformity with generally accepted accounting principles. Those controls include the safeguarding of assets against unauthorized acquisition, use or disposition. Because of inherent limitations in internal control, errors or fraud may occur and not be detected. Also, projection of any evaluation of internal control to future periods is subject to the risk that controls may become inadequate because of changes in conditions or that the effectiveness of their design and operation may deteriorate. Our consideration of internal control would not necessarily disclose all matters in internal control that might be material weaknesses under standards established by the American Institute of Certified Public Accountants. A material weakness is a condition in which the design or operation of one or more of the internal control components does not reduce to a relatively low level the risk that misstatements caused by error or fraud in amounts that would be material in relation to the financial statements being audited may occur and not be detected within a timely period by employees in the normal course of performing their assigned functions. However, we noted no matters involving internal control and its operation, including controls for safeguarding securities, that we consider to be material weaknesses as defined above as of November 30, 2002. This report is intended solely for the information and use of the Board of Trustees, management and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties. PricewaterhouseCoopers LLP January 8, 2003 2 2 EX-99.77Q3 4 q773c.txt PROXY ATTACHMENT NOTICE TO SHAREHOLDERS At a special meeting of shareholders on December 3, 2002, fund shareholders approved the following proposals: o ELECT TRUSTEES FOR EACH FUND.* The individuals listed in the table below were elected as trustees for each fund. All trustees except Mr. Gupta served as trustees to the funds prior to the shareholder meeting.
-------------------------------- ------------------- ---------------- ----------------- TRUSTEE FOR WITHHELD PERCENTAGE FOR -------------------------------- ------------------- ---------------- ----------------- -------------------------------- ------------------- ---------------- ----------------- John J. Brennan 1,723,806,052.60 70,439,030.63 96.1% -------------------------------- ------------------- ---------------- ----------------- -------------------------------- ------------------- ---------------- ----------------- Charles D. Ellis 1,725,263,153.73 68,981,929.50 96.2 -------------------------------- ------------------- ---------------- ----------------- -------------------------------- ------------------- ---------------- ----------------- Rajiv L. Gupta 1,718,389,931.39 75,855,151.84 95.8 -------------------------------- ------------------- ---------------- ----------------- -------------------------------- ------------------- ---------------- ----------------- JoAnn Heffernan Heisen 1,721,304,105.29 72,940,977.94 95.9 -------------------------------- ------------------- ---------------- ----------------- -------------------------------- ------------------- ---------------- ----------------- Burton G. Malkiel 1,714,897,486.89 79,347,596.34 95.6 -------------------------------- ------------------- ---------------- ----------------- -------------------------------- ------------------- ---------------- ----------------- Alfred M. Rankin, Jr. 1,727,137,978.01 67,107,105.22 96.3 -------------------------------- ------------------- ---------------- ----------------- -------------------------------- ------------------- ---------------- ----------------- J. Lawrence Wilson 1,718,567,673.57 75,677,409.66 95.8 -------------------------------- ------------------- ---------------- ----------------- *Results are for all funds within the same trust.
o CHANGE EACH FUND'S POLICY ON INVESTING IN OTHER MUTUAL FUNDS. This change enables each fund to invest its cash reserves in specially created money market and short-term bond funds. This new cash management program, which is similar to those of other large mutual fund complexes, should help the funds to achieve greater diversification and to earn modestly higher returns on their cash reserves. The funds will need Securities and Exchange Commission approval before implementing this new cash management program.
--------------------------- ---------------- -------------- ------------- -------------- --------------- BROKER VANGUARD FUND FOR AGAINST ABSTAIN NON-VOTES PERCENTAGE FOR --------------------------- ---------------- -------------- ------------- -------------- --------------- --------------------------- ---------------- -------------- ------------- -------------- --------------- New Jersey Tax-Exempt Money Market 783,549,028.13 86,036,777.36 24,404,307.16 2,972,001.00 87.4% --------------------------- ---------------- -------------- ------------- -------------- --------------- --------------------------- ---------------- -------------- ------------- -------------- --------------- New Jersey Long-Term Tax-Exempt 712,081,836.28 90,994,376.87 32,862,086.47 61,344,669.96 79.4 --------------------------- ---------------- -------------- ------------- -------------- --------------- o CHANGE EACH FUND'S POLICY ON BORROWING MONEY. This change enables each fund to manage cash flows more efficiently and minimize administrative expenses. --------------------------- ---------------- -------------- ------------- -------------- --------------- BROKER VANGUARD FUND FOR AGAINST ABSTAIN NON-VOTES PERCENTAGE FOR --------------------------- ---------------- -------------- ------------- -------------- --------------- --------------------------- ---------------- -------------- ------------- -------------- --------------- New Jersey Tax-Exempt Money Market 751,794,044.67 87,935,227.26 54,260,840.72 2,972,001.00 83.8% --------------------------- ---------------- -------------- ------------- -------------- --------------- --------------------------- ---------------- -------------- ------------- -------------- --------------- New Jersey Long-Term Tax-Exempt 698,126,508.59 94,143,141.55 43,668,649.48 61,344,669.96 77.8 --------------------------- ---------------- -------------- ------------- -------------- ---------------
EX-99.77Q 5 q773.txt CERT. LETTER EXHIBIT 77Q3 TO FORM N-SAR Registrant Name: Vanguard New Jersey Tax-Free Funds File Number: 811-5340 Registrant CIK Number: 0000821404 Sub-Item 77Q3 (a)(i) The Principal Executive and Financial Officers concluded that the Registrant's Disclosure Controls and Procedures are effective based on their evaluation of the Disclosure Controls and Procedures as of a date within 90 days of the filing date of this report. (a)(ii) There were no significant changes in Registrant's internal controls or in other factors that could significantly affect these controls subsequent to the date of their evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses. (a)(iii) Certifications: CERTIFICATIONS I, JOHN J. BRENNAN, certify that: 1. I have reviewed this report on Form N-SAR of Vanguard New Jersey Tax-Free Funds; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the financial information included in this report, and the financial statements on which the financial information is based, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report; 4. The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in rule 30a-2(c) under the Investment Company Act) for the registrant and have: a) designed such disclosure controls and procedures to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; b) evaluated the effectiveness of the registrant's disclosure controls and procedures as of a date within 90 days prior to the filing date of this report (the "Evaluation Date"); and c) presented in this report our conclusions about the effectiveness of the disclosure controls and procedures based on our evaluation as of the Evaluation Date; 5. The registrant's other certifying officers and I have disclosed, based on our most recent evaluation, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): a) all significant deficiencies in the design or operation of internal controls which could adversely affect the registrant's ability to record, process, summarize, and report financial data and have identified for the registrant's auditors any material weaknesses in internal controls; and b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal controls; and 6. The registrant's other certifying officers and I have indicated in this report whether or not there were significant changes in internal controls or in other factors that could significantly affect internal controls subsequent to the date of our most recent evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses. Date: January 21, 2003 /S/ JOHN J. BRENNAN ------------------- CHIEF EXECUTIVE OFFICER Exhibit 77Q3-2 CERTIFICATIONS I, THOMAS J. HIGGINS, certify that: 1. I have reviewed this report on Form N-SAR of Vanguard New Jersey Tax-Free Funds; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the financial information included in this report, and the financial statements on which the financial information is based, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report; 4. The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in rule 30a-2(c) under the Investment Company Act) for the registrant and have: a) designed such disclosure controls and procedures to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; b) evaluated the effectiveness of the registrant's disclosure controls and procedures as of a date within 90 days prior to the filing date of this report (the "Evaluation Date"); and c) presented in this report our conclusions about the effectiveness of the disclosure controls and procedures based on our evaluation as of the Evaluation Date; 5. The registrant's other certifying officers and I have disclosed, based on our most recent evaluation, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): a) all significant deficiencies in the design or operation of internal controls which could adversely affect the registrant's ability to record, process, summarize, and report financial data and have identified for the registrant's auditors any material weaknesses in internal controls; b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal controls; and 6. The registrant's other certifying officers and I have indicated in this report whether or not there were significant changes in internal controls or in other factors that could significantly affect internal controls subsequent to the date of our most recent evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses. Date: January 21, 2003 /S/ THOMAS J. HIGGINS --------------------- TREASURER -----END PRIVACY-ENHANCED MESSAGE-----