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Borough receives clean audit; ends 2014 in the black


Assembly members received a report on the Borough’s annual audit performed by BDO at last week’s regular meeting. BDO partner Michelle Drew informed the Assembly of the ins and outs of the fiscal year 2014 audit.

“The audit received a clean audit opinion, an unmodified opinion, and that’s kind of the highest report card you can get from an external auditor,” Drew said.

The Borough ended the fiscal year with $10.4 million in total revenues for the general fund, while total expenditures amounted to $8.9 million. Drew said that total revenues came in about $1 million higher than 2013...

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