2024 Synopsis of Audit

This document is a summary or synopsis of the 2024 audit report for the Borough of Rockaway, as required by N.J.S. 40A:5-7. It includes a Combined Comparative Balance Sheet as of December 31, 2024, and 2023, detailing assets and liabilities, reserves, and fund balances. Comparative Schedules of Operations and Change in Fund Balance for both the Current Fund and the Water Utility are also presented, showing revenue, expenditures, and fund balance changes. The audit report, prepared by Kathryn L. Mantell, is available for public inspection at the Borough Clerk's office.