Unspent misstated

Reported every dollar ever received as still on hand

$6,044.89

Amount in this finding

Records pendingPalisades Park

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

The FY2026 report certifies 1,883.71 received in the year, 0.00 of interest, 43,139.71 received since the distribution began in 2022 and 0.00 spent (p1). It certifies 1,883.71 appropriated or encumbered and not yet spent, and 43,139.71 of unspent and uncommitted money the Borough currently has on hand (p2). The on hand figure equals every dollar the report says the Borough has received. The FY2024 report certifies 4,161.18 spent between 07/01/2023 and 06/30/2024 (p1). On the reports' own figures, 43,139.71 received less 4,161.18 spent and 1,883.71 encumbered leaves 37,094.82 unspent and uncommitted. The certified figure is 6,044.89 more. The encumbered and on hand figures together come to 45,023.42, which is 1,883.71 more than everything received. The report answers No to funding any program in the year (p4). The Borough has not produced a ledger.