Borough of Hightstown 2023 Annual Audit (PDF)

The Borough of Hightstown's Annual Comprehensive Financial Report for the year ended December 31, 2023, includes an independent auditor's report, financial statements for various funds (Current Fund, Trust Fund, General Capital Fund, Water-Sewer Utility Fund), and supplementary schedules. The audit was conducted in accordance with government auditing standards and standards prescribed by the Division of Local Government Services, Department of Community Affairs, State of New Jersey. The report provides an overview of the Borough's financial position and the results of its operations. Key areas covered in the report include financial statements on a regulatory basis, details on fund balances, revenues, expenditures, and debt. The report also touches upon internal control matters, compliance with laws and regulations, and recommendations for improvement. An Independent Auditors' Report on Internal Control Over Financial Reporting and on Compliance is included. This report highlights the scope of testing and compliance results. Roster of Officials are also noted in this document.