FAC Explorer

Audit 48641

FY End
2022-12-31
Total Expended
$1.06M
Findings
0
Programs
4
Organization: Township of Verona (NJ)
Year: 2022 Accepted: 2023-09-28
Auditor: Pkf O'Connor Davies LLP

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $546,275 - 0
21.027 Coronavirus State and Local Fiscal Recovery Funds $396,000 Yes 0
97.039 Hazard Mitigation Grant $100,000 Yes 0
20.616 National Priority Safety Programs $14,000 - 0

Contacts

Name Title Type
FFE8MJT7PZR3 Jennifer Muscara Auditee
9738575731 David J Gannon Auditor
No contacts on file

Notes to SEFA

Accounting Policies: Note 1 - General:The accompanying schedules of expenditures of federal awards present the activity of all federal award programs of the Township of Verona. The Township is defined in Note 1 to the financial statements. To the extent identified, the federal awards that passed through other governmental agencies are included on the schedules of expenditures of federal awards.Note 2 - Basis of Accounting:The accompanying schedules are presented using the regulatory basis of accounting as prescribed or permitted for municipalities by the Division of Local Government Services, Department of Community Affairs, State of New Jersey which differ in certain respects from accounting principles generally accepted in the United States of America (GAAP) applicable to local government units. This basis of accounting is described in Note 2 to the Townships financial statements De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.