2020 Riverton Borough Audit Report

This document presents the Borough of Riverton's audit report for the fiscal year ending December 31, 2020. The audit, conducted by Inverso & Stewart, LLC, includes an independent auditor's report, reports on internal control over financial reporting and compliance, and financial statements for various funds, including the Current Fund, Trust Fund, General Capital Fund, and Public Assistance Fund. The audit expresses an adverse opinion on the Borough's financial statements when prepared in accordance with U.S. Generally Accepted Accounting Principles, but a fair presentation in accordance with the regulatory basis of accounting prescribed by the Division of Local Government Services, Department of Community Affairs, State of New Jersey. The auditor's report is dated July 30, 2021.