2019 Audit

The Township of Little Egg Harbor's audit report for the year ending December 31, 2019, includes an independent auditor's report on the financial statements, compliance, and internal controls. The report covers various funds including the Current Fund, Trust Fund, General Capital Fund, Payroll Fund, and Fixed Assets. Key financial statements include assets, liabilities, reserves, fund balances, statements of operations, changes in fund balance, revenues, and expenditures. The audit also addresses compliance for major federal and state programs, as well as findings and questioned costs. Management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles and practices prescribed by the Division of Local Government Services, Department of Community Affairs, State of New Jersey. The auditor's responsibility is to express opinions on these financial statements based on their audit, which was conducted in accordance with auditing standards generally accepted in the United States of America.