Annual Financial Statement (Unaudited)

This document is the Annual Financial Statement (Unaudited) for the City of Union City, County of Hudson, for the year 2025. It includes a comprehensive overview of the city's financial position as of December 31, 2025, covering various funds including the Current Fund, Public Assistance Fund, Trust Funds, and the General Capital Fund. The statement includes certifications by the Chief Financial Officer and potentially a Registered Municipal Accountant, affirming the accuracy and compliance of the report with New Jersey statutes. Important certifications regarding local examination qualifications are also included. Key components of the financial statement include a trial balance for each fund, reconciliation of cash balances, schedules of federal and state grants receivable and appropriated reserves, and detailed information regarding debt obligations. The document also includes statements of general budget revenues and appropriations, results of operations, and analyses of surplus. Penalties of five dollars per day may apply for late filings, with counties due January 26, 2026, and municipalities due February 10, 2026. The document also details municipal certification of taxable property as of October 1, 2025. Further, the document includes certification regarding utility operation; specifying instructions for municipalities with/without a utility fund.