2024 Audit

This document is an audit report of the Borough of Englishtown's financial statements for the year ended December 31, 2024. The report includes an independent auditor's report, financial statements on a regulatory basis for various funds (Current Fund, Trust Fund, General Capital Fund, Water Utility Fund, Sewer Utility Fund, and Solid Waste Utility Fund), notes to the financial statements, and supplementary schedules. The audit was conducted by Suplee, Clooney & Company LLC and includes an assessment of internal controls and compliance with government auditing standards. The report expresses an adverse opinion on the financial statements' adherence to U.S. Generally Accepted Accounting Principles (GAAP) but an unmodified opinion on their compliance with regulatory accounting practices prescribed by the Division of Local Government Services, Department of Community Affairs, State of New Jersey.