FY23 Audit Report

The City of Union City's audit report for the fiscal years ended June 30, 2023 and 2022, provides an overview of the city's financial position and operations. The audit includes comparative balance sheets, statements of operations and changes in fund balance, statements of revenues, statements of appropriations, and notes to the financial statements, prepared on a regulatory basis as prescribed by the New Jersey Division of Local Government Services. The report also includes supplementary information, statistical data (unaudited), and auditor's reports on internal control, compliance, and major federal and state programs. The City is transitioning to a calendar fiscal year with a six-month transition year from July 1, 2023, to December 31, 2023.