Unspent misstated

FY2024 report reserves 53,999.15 more than it received

$53,999.15

Amount in this finding

Records pendingElmwood Park

Unspent misstated · Verified · Updated 10/03/2026 · 2 documents

The FY2024 report certifies 108,709.49 received since 2022 and 0.00 expended between 07/01/2023 and 06/30/2024. At Q7 it certifies 81,354.62 appropriated or encumbered but not yet spent. At Q9 it certifies 81,354.02 unspent and uncommitted on hand. The two figures total 162,708.64, which is 53,999.15 more than everything the Borough says it received. After the 15,210.00 the FY2023 report certifies as spent, 93,499.49 remained. Money cannot be both committed and uncommitted. The Q9 figure is the year's receipts to the cent, and the Q7 figure is 0.60 above them. The same report answers No when asked whether it funded any programs in the year. The Borough has produced no ledger.