2021 Synopsis of Audit

This document is a summary or synopsis of the 2021 audit report for the Borough of Rockaway, as required by N.J.S. 40A:5-7. It includes comparative balance sheets, statements of operations, and changes in fund balance for the Current Fund and Water Utility Operating Fund. The report recommends maintaining an adequate segregation of duties with respect to recording and treasury functions. A Corrective Action Plan outlining actions to correct findings will be prepared and available for public inspection in the office of the Municipal Clerk within 45 days of the notice.