Unspent misstated

On hand is 31,886.83 short with nothing ever spent

$31,886.83

Amount in this finding

Records pendingTotowa

Unspent misstated · Verified · Updated 10/03/2026 · 4 documents

The FY2026 report certifies 84,670.47 received since 2022, 0.00 of interest, 0.00 spent and 0.00 appropriated or encumbered between 07/01/2025 and 06/30/2026 (p1, p2). It answers No to whether the Borough funded any program (p3). The three earlier reports certify 0.00 expended in every year, and the FY2024 and FY2025 reports certify 0.00 encumbered. On the Borough's own reports, nothing has left the fund, so 84,670.47 should be on hand. The FY2026 report certifies 52,783.64 of unspent or uncommitted funds on hand (p2). That is 31,886.83 less than everything received. The FY2025 report certifies 69,129.04 on hand. Add the 15,546.43 received in FY2026 and 84,675.47 results. The FY2026 figure is 31,891.83 lower than that, in a year the report says nothing was spent or committed. The Borough has produced no ledger of its settlement account.