2020 Annual Financial Statement

The document is the 2020 Annual Financial Statement (AFS) workbook for the Borough of Rockaway, Morris County, New Jersey. It outlines the general instructions and requirements for completing and submitting the AFS to the Division via the FAST portal. The AFS includes various financial schedules, trial balances, and certifications related to the municipality's financial activities for the year ending December 31, 2020. The document also specifies the file naming convention and submission deadlines for counties and municipalities. It provides instructions for CFOs on how to properly complete the AFS, and also contains certifications and procedures performed by the Registered Municipal Accountant. The workbook is composed of several individual worksheets designed to automatically calculate linked schedules from data entry points. The individual spreadsheets containing formulas are locked to protect the formulas, and users are instructed to fill in only the gray sections of the worksheet. Users can click the 'Convert to Standard Template' button to reduce the number of unused pages throughout the document, and then can revert back to the full-size version of the workbook by clicking the 'Revert to Expanded Template' button. The document also provides deadlines for submission, with counties required to submit by January 26, 2021, and municipalities by February 10, 2021. It mentions a penalty of five dollars per day if the AFS is not filed by the respective deadline. The CFO is required to review the contents of the AFS, even if prepared by someone else.