Annual Financial Statement (Unaudited)

The document presented is the Annual Financial Statement (Unaudited) for the Township of West Caldwell, Essex County, New Jersey, for the year 2024. This statement is required to be filed under New Jersey Statutes Annotated 40A:5-12, as amended, and includes information needed prior to the certification of budgets by the Director of the Division of Local Government Services. The document contains various financial schedules, trial balances, and certifications related to the township's financial status as of December 31, 2024. The report includes sections detailing the Current Fund, Public Assistance Fund, Federal and State Grants, Trust Funds, General Capital Fund, and various utility funds (such as Water and Swimming Pool). It covers assets, liabilities, fund balances, revenues, expenditures, and debt service schedules. Specific schedules address delinquent taxes, foreclosed properties, emergency authorizations, and school taxes. The report requires certification by the Chief Financial Officer, and potentially a Registered Municipal Accountant, ensuring accuracy and compliance with state regulations. Municipalities are subject to a five dollar per day penalty if the statement is not filed by February 10, 2025. Counties must file by January 26, 2025.