2022 Synopsis of Audit

This is a summary of the 2022 audit report for the Borough of Rockaway, as required by N.J.S. 40A:5-7. The audit report includes a combined comparative balance sheet as of December 31, 2022, and 2021, detailing assets, liabilities, reserves, and fund balances. It also contains a comparative statement of operations and change in fund balance for the Current Fund and Water Utility Operating Fund for the years ended December 31, 2022, and 2021.