2021 Issued Financial Statements

The Township of Little Egg Harbor's audit report for the year ending December 31, 2021, reveals the financial standing of various funds and account groups. Key components include statements of assets, liabilities, reserves, fund balances, and changes therein, all presented on a regulatory basis. The audit expresses an unmodified opinion on the regulatory basis financial statements, indicating they fairly present the Township's financial position in accordance with New Jersey's Division of Local Government Services requirements. However, it also expresses an adverse opinion regarding U.S. Generally Accepted Accounting Principles (GAAP) due to material variances. The report also includes a schedule of financial statement findings.