MARLBORO – The accounting firm, Wiss & Company, LLP has released its independent audit report for Marlboro for the year ending Dec. 31, 2017 and for the sixth consecutive year, the auditors reported that there were no findings or recommendations.
Each year, Marlboro is subject to an independent audit of its financial statements, according to a press release from the mayor’s office.
The core purpose of the independent audit is to report on the condition of the financial
information annually compiled by the Finance Department and to reflect upon the
integrity of the procedures and controls implemented by the township, according to the press release.
The auditors scrutinized Marlboro’s financial statements and processes extensively and found no issues or concerns, according to the press release.
“Receiving a perfect audit for six consecutive years is an endorsement of the work of our business administrator, Jon Capp, and CFO Lori Russo, and I commend these employees for their hard work,” Mayor Jon Hornik said.
“At the same time, it serves as testimony to an organization-wide effort to adhere to the procedures and guidelines established in both state statute and township policy concerning purchasing and the safeguarding of township assets.
“This could not be done without the assistance of township employees, department
heads and supervisors, when one considers the increased demands placed upon
municipal employees and today’s more stringent auditing standards,” Hornik said.
“I especially want to thank Township Council President Randi Marder, Vice President
Scott Metzger, Councilwoman Carol Mazzola, Councilman Jeff Cantor and Councilman
Michael Scalea for their support and dedication. The audit results coupled with
Marlboro’s S&P AAA rating is verification of our work together throughout the year to
maintain Marlboro’s financial and managerial high standards,” he said.