Audit 357348

FY End
2024-12-31
Total Expended
$889,774
Findings
0
Programs
2
Organization: Borough of Franklin Lakes (NJ)
Year: 2024 Accepted: 2025-05-28

Organization Exclusion Status:

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Findings

No findings recorded

Programs

ALN Program Spent Major Findings
21.027 American Rescue Plan Act $762,677 Yes 0
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $127,097 - 0

Contacts

Name Title Type
E58KKGDMPCN7 Gregory Hart Auditee
2018914000 Dieter Lerch Auditor
No contacts on file

Notes to SEFA

Accounting Policies: The Schedules are prepared and presented using the regulatory basis of accounting. The information in these schedules is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards (U.S. Uniform Guidance). De Minimis Rate Used: N Rate Explanation: The auditee has not elected to use the 10 percent de minimis indirect cost rate allowed under the U.S. Uniform Guidance.