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85
Rating
Risk Rank
Yellow Risk
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Executive Summary
The Township of Mannington's audit report for the year ended December 31, 2018, provides a comprehensive overview of the Township's financial position and operations. The audit, conducted by Bowman & Company LLP, includes an independent auditor's report, statements of assets, liabilities, reserves, and fund balances for various funds, statements of operations and changes in fund balance, and statements of revenues and expenditures. It also includes a report on internal controls and compliance, ensuring adherence to government auditing standards and regulations set by the New Jersey Division of Local Government Services. The report indicates that the Township's financial statements were prepared on a regulatory basis of accounting prescribed by the Division of Local Government Services, Department of Community Affairs, State of New Jersey.
Detailed Risk Breakdown
local preference
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performance bond
Evidence Detected
"...7 254,522.85 Foreclosed Property A 985,300.00 985,300.00 Due from Trust -- Other Funds - Escrow Deposits/ Performance Bonds A 308.25 308.25 Due from Trust -- Other Funds - Payroll Withholdings A 4,500.00 4,500.00 1,549,893.79 1,506,928.99 Total Regular Fun..."
liquidated damages
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Timeline
First Discovered
Apr 2, 2026
Last Info Update
Jun 1, 2026
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