2023 Synopsis of Audit

The Borough of Rockaway's 2023 audit report summary is presented according to N.J.S. 40A:5-7, offering a comparative analysis of the Borough's financial standing between 2023 and 2022. Key components include the Combined Comparative Balance Sheet, Comparative Statement of Operations and Change in Fund Balance for both the Current Fund and Water Utility Operating Fund. The report details assets, liabilities, fund balances, revenues, and expenditures, providing insights into the Borough's financial activities.