HomeMy Public PortalAboutr 96:127No. 96-127 Date of Adoption May 2, 1996
REVIEW OF 1995 AUDIT
WHEREAS, N.J.S.A. 40A:5-4 requires the Governing Body ofeve[y local unit to
have made an annual audit of its books, accounts and financial transactions; and
WHEREAS, The Annual Report of Audit for the year 1995 has been filed by a
Registered Municipal Accountant with the Municipal Clerk as per the requirements
of N.J.S. 40A:5-6, and a copy has been received by each member of the Governing
Body; and
WHEREAS, the Local Finance Board of the State of New Jersey is authorized to
prescribe reports pertaining to the local fiscal affairs, as per R.S. 52:27BB-34; and
WHEREAS, the Local Finance Board has promulgated a regulation requiring that
the Governing Body of each municipality shall by resolution certify to the Local
Finance Board of the State of New Jersey that all members of the Governing Body
have reviewed, as a minimum, the sections of the annual audit entitled:
GENERAL COMMENTS
RECOMMENDATIONS
and
WltEREAS, the members of the Governing Body have personally reviewed as a
minimum the Annual Report of Audit, and specifically the sections of the Annual
Audit entitled:
GENERAL COMMENTS
RECOMMENDATIONS
as evidenced by the group affidavit form of the Governing Body; and
WHEREAS, such resolution of certification shall be adopted by the Governing
Body no later than forty-five days after the receipt of the annual audit, as per the
regulations of the Local Finance Board; and
WHEREAS, all members of the Governing Body have received and have
familiarized themselves with, at least, the minimum requirements of the Local Finance
Board of the State of New Jersey, as stated aforesaid and have subscribed to the
affidavit, as provided by the Local Finance Board; and
NO. 96-127 PAGE_ 2
WHEREAS, failure to comply with the promulgations of the Local Finance Board
of the State of New Jersey may subject the members of the local Governing Body to
the penalty provisions of RS. 52:27BB-52 - to wit:
R.S. 52:27BB-52 - "A local officer or member of a local
Governing Body who, after a date fixed for compliance,
fails or refuses to obey an order of the Director (Director
of Local Government Services), under the provisions
oftNs PaXicle, shall be guilty of a misdemeanor and,
upon conviction, may be fined not more than one
thousand dollars ($1,000.00) or imprisoned for not
more than one year, or both, in addition shall forfeit
his office."
NOW, THEREFORE, BE IT RESOLVED, that the Governing Body of the
Borough of Carteret, hereby states that it has complied with the promulgation of the
Local Finance Board of the State of New Jersey dated July 30, 1968 and does hereby
submit a certified coy of this resolution and the required affidavit to said Board to
show evidence of said compliance.
Adopted this 2nd day of May, 1996
and certified as a true copy of the
original on May 3, 1996.
KATHLEEN M. BARNEY,
Municipal Clerk
RECORD OF COUNCIL VOTE
COUNCILMAN YES NO NV A.B. COUNCILMAN YES NO NV A.B.
B IALOS/ARCZUK x FEINGOLD x
FATI ACE x O' BRII~ X
FAZFKAS x
X - Indicate Vote AB - Absent NV - Not Voting XOR - Indicates Vote to Overrule Vel()
Adopted at a meeting of the Municipal Council
.¢~...~. ~_. Nay 2~1996