05079
RESOLUTION
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Title: Annual
Audit Review Certification
WHEREAS, N.J.S.A. 40A:5-4 requires
the governing body of every local unit to have made an annual audit of its
books, accounts and financial transactions; and
WHEREAS, The Annual Report of Audit
for the year 2004 has been filed by a Registered Municipal Accountant with the
Municipal Clerk as per the requirements of
N.J.S.A.40A:5-6, and a copy has been received by each member of the
governing body; and
WHEREAS, The Local Finance Board of
the State of New Jersey is authorized to prescribe reports pertaining to the
local fiscal affairs, as per R.S: 52:27BB-345; and
WHEREAS, The Local Finance Board has
promulgated a regulation requiring that the governing body of each municipality
shall by resolution certify to the Local Finance Board of the State of New
Jersey that all members of the governing body have reviewed, as a minimum, the
sections of the annual audit entitled "General Comments -
Recommendations"; and
WHEREAS,
The members of the governing body have personally reviewed as a minimum the
annual Report of Audit, and specifically the sections of the Annual Audit
entitled
WHEREAS,
Such resolution of certification shall be adopted by the Governing Body no
later than forty-five days after the receipt of the annual audit, as per the
regulations of the Local Finance Board; and
WHEREAS,
All members of the governing body have received and have familiarized
themselves with, at least, the minimum requirements of the Local Finance Board
of the State of New Jersey, as stated aforesaid and have subscribed to the
affidavit, as provided by the Local Finance Board; and
WHEREAS,
Failure to comply with the promulgations of the Local Finance Board of the
State of New Jersey may subject the members of the local governing body to the
penalty provisions of R.S. 52:27BB-52 – to wit:
R.S. 52:27BB – “A local officer or
member of a local Governing Body who.
after a date fixed for compliance,
fails or refuses to obey an order of the
Director of Local Government
Services, under the provisions of this Article,
shall be guilty of a misdemeanor
and, upon conviction, may be fined not more
than one thousand dollars
($1,000.00) or imprisoned for not more than one
year, or both, in addition shall
forfeit his office.
NOW,
THEREFORE, BE IT RESOLVED, that the Borough Council of the Borough of Hillsdale hereby states that
it has complied with the promulgation of the Local Finance Board of the State
of New Jersey dated July 30, 1968, and does hereby submit a certified copy of
this resolution and the required affidavit to said Board to show evidence of
said compliance.
Council member
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Motion
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Second
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Yes
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No
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Absent
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Abstain
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Bogle, Jim |
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Chapman, Donna |
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Hanlon, Marie |
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Prospero, Frank |
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Rush, Ken |
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Sapanara, John |
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Adopted: May
10, 2005
Attest: ________________________ ____________________________________
Robert P. Sandt, RMC Dennis S. Deutsch, Mayor
Municipal Clerk