07113                                                                                                                                                                                                                                                                                                                                                                                                                                     

BOROUGH OF HILLSDALE

 

 

RESOLUTION

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Title:   Certification of the Annual Audit

 

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 2006 has been filed by a Registered Municipal Accountant with the Municipal Clerk as per the requirements of N.J.S. 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-34; 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:

 

General Comments

 

Recommendations

 

as evidenced by the group affidavit form of the governing body; and

 

            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

Motion

Second

Yes

No

Absent

Abstain

Arnowitz, Max

 

 

 

 

 

 

Prospero, Frank

 

 

 

 

 

 

Rush, Ken     

 

 

 

 

 

 

Sapanara, John

 

 

 

 

 

 

Schiavone, Donna

 

 

 

 

 

 

Weinstein, Andrew

 

 

 

 

 

 

 

 

Adopted: August 7, 2007                                                    

 

                                                                      

Attest: ________________________             ____________________________________

Robert P. Sandt, RMC                        Dennis S. Deutsch, Mayor   

            Municipal Clerk

 

 

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