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East Brunswick audit: township earns unmodified opinion; $5 million fund increase, one procurement exception noted
Summary
Auditor John Fina reported an unmodified opinion on East Brunswick's 2024 municipal audit, a roughly $5 million increase in the current fund balance and a single procurement exception (one of 10 purchases lacked required written quotations); a corrective-action plan was attached to the agenda.
John Fina, the auditor who led the township's 2024 municipal audit, told the East Brunswick Township Council on July 28 that the township received an unmodified opinion, the highest level of audit assurance. "The township earned an unmodified opinion on the audit which is the highest level of opinion that we are allowed to give," Fina said.
Fina said the township's current fund balance rose by about $5 million in 2024. He reported that five utility funds operated at a profit this year; the parking utility, he said, broke even after contributions from the current fund and American Rescue Plan (ARPA) dollars.
Because federal and state spending each exceeded $750,000, the auditors performed single-audit procedures on both federal and state awards, including tests of ARPA funds and DCA funding. Fina said those tests found no instances of noncompliance.
The audit team flagged one procurement exception: "one of 10 purchases tested that required competitive quotations ... the township did not obtain the minimum written quotations," Fina said. Council members pointed to Resolution 25-255 on the agenda, a corrective-action plan intended to address the procurement finding. Council President Makavoy said staff had already begun remediation steps prior to the report.
Fina also recommended continued attention to cyber-security risk assessment and periodic reporting to the governing body. He described the cyber-security language in the report as a standard advisory and noted the township participates in statewide cyber-security programs and periodic vendor testing.
The council did not take separate action on the audit presentation; the audit will be entered into the municipal record and associated corrective steps will be tracked by staff.
