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Council receives 2024 audit and adopts amendment to bond ordinance
Summary
Michael Cesaro of Bowman & Company presented the 2024 annual audit. Council adopted R.25.234 to receive and file the audit pursuant to N.J.S.A. 40A:5-4 and also adopted O.25.25 amending Bond Ordinance 24.24 to revise appropriation amounts and related obligations.
The meeting included a presentation of the 2024 annual audit by Michael Cesaro of Bowman & Company, LLP; the council adopted R.25.234 to receive and file the audit under N.J.S.A. 40A:5-4. Council also adopted Ordinance O.25.25, which amends Bond Ordinance 24.24 to revise the amounts appropriated and corresponding down payments and obligations as outlined in the amendment.
The audit presentation and bond amendment were received and adopted in the same meeting session; council members voted unanimously to adopt R.25.234 and O.25.25 on second reading and final adoption. No detailed budgetary figures beyond the ordinance text were discussed in the minutes.
