2021 Audit

This document is an audit report for the Borough of Stockton in Hunterdon County, New Jersey, for the year ended December 31, 2021. The audit includes an examination of the financial statements of various funds, including the Current Fund, Trust Fund, General Capital Fund, Water Utility Fund, and Sewer Utility Fund. The report contains independent auditor's reports on the financial statements and internal control over financial reporting and compliance. It provides both adverse and unmodified opinions, with an adverse opinion regarding U.S. Generally Accepted Accounting Principles (GAAP) and an unmodified opinion on the regulatory basis of accounting. Supplementary schedules are also included for all funds.