The Coaster
Thursday, February 2, 2023
No Result
View All Result
  • Browse News by Town
    • Allenhurst
    • Asbury Park
    • Avon
    • Bradley Beach
    • Deal
    • Interlaken
    • Loch Arbour
    • Long Branch
    • Neptune
    • Neptune City
    • Ocean Grove
    • Ocean Township
    • Tinton Falls
  • About Us
  • Advertise
  • Contact Us
Subscribe / Renew
  • Browse News by Town
    • Allenhurst
    • Asbury Park
    • Avon
    • Bradley Beach
    • Deal
    • Interlaken
    • Loch Arbour
    • Long Branch
    • Neptune
    • Neptune City
    • Ocean Grove
    • Ocean Township
    • Tinton Falls
  • About Us
  • Advertise
  • Contact Us
No Result
View All Result
The Coaster
No Result
View All Result
Home Asbury Park

City Audit Gets High Marks

by The Coaster Editorial Staff
August 4, 2016
in Asbury Park
0
VIEWS
Share on FacebookShare via EmailShare on Twitter

 

coaster-news-200-newBy JOANNE L. PAPAIANNI

Auditor David Kaplan gave Asbury Park good marks in his annual audit report saying this year’s total general fund balance is the highest ever at $4.7 million. In 2014 the fund balance was $3.4 million.
“You have complied,” he said. “ You have an unmodified report; that’s what you want.”
He also said there was a record surplus and record increases in revenues.
One section that did not receive good marks was the sewer collection totals.
“There has been a deficit the past two years,” Kaplan said.
Kaplan cited inaccuracies in the bills along with the billing in general.
He said the third quarter bills in 2015 from New Jersey American Water were not downloaded properly with only two months of usage billed instead of three.
The third month was then collected in 2016 and will be reflected in this year’s audit.
Kaplan reported that the city has Bond Anticipation Notes of $25.8 million with the percentage of debt at 1.602.
On a good note Kaplan said there are no deferred charges in the audit.
“You did not over expend your budget,” he said.
He also said property tax collection is the highest it’s been at 99.2 percent.
The audit does, however, include 13 recommendations and a corrective action plan to implement them.
Mayor John Moor said the city is getting old debts off the rolls and not adding new debts.
Moor said this year’s audit was the best of the past three years and Kaplan agreed.
City Manager Michael Capabianco said the billing issue was “an internal processing deficit, which he is working to improve.
In other business council approved plans for the renovations to the Fifth Avenue Pavilion and the rooftop bandshell. One of the conditions is that its name, the Arthur Pryor Bandshell, will remain.
During public comments Board of Education member Felicia Simmons questioned council about increasing affordable housing the city.
Mayor Moor said the city has reached out to the school board several times regarding housing grants that are available through boards of education.
“We sent it (grant information) four weeks ago,” Moor said.
Simmons said she would bring it to the board’s attention at the July 28 meeting.
Council also issued a proclamation to Gary White on behalf of Firbrodysplasia Ossicifcans Progressiv, or FOP, awareness. FOP is a rare disease in which a victim’s ligaments turn to bone.
White said he is trying to have FOP recognized by every mayor and council in the state to help fund research for a cure, especially because scientists found the gene responsible for the disease on April 23.

Related Posts

Asbury Park’s New Athletic Director

City School Chief Urges ‘Respectful and Open Dialogue’

February 1, 2023
Police Seeking Potential Entrepreneurs  Among Asbury Park Youth

Possible Bias-Motivated Event Investigated by Law Enforcement

January 31, 2023
In Asbury Park Steps Taken to Create Citizen Review Board

County Prosecutor Partners With City Court for Recovery Program

January 30, 2023
‘Concert for George’ at ShowRoom

Critically Aclaimed Movies Now At ShowRoom in Asbury Park

January 30, 2023

St. Patrick’s Day Committee Names Sammy Boyd Grand Marshal

January 30, 2023
Disussions Continue to Preserve Asbury Park Historic Sites

Disussions Continue to Preserve Asbury Park Historic Sites

January 25, 2023

Trending This Week

neptune police car

Neptune Police Make Burglary, Robbery Arrest

February 1, 2023
Developer ‘Cares Deeply About Boardwalk’ As Iconic Asbury Park Buildings Deteriorate

Developer ‘Cares Deeply About Boardwalk’ As Iconic Asbury Park Buildings Deteriorate

January 25, 2023

St. Patrick’s Day Committee Names Sammy Boyd Grand Marshal

January 30, 2023
Husband Indicted for Killing Wife, Leaving Body on Roadside in Ocean

Husband Indicted for Killing Wife, Leaving Body on Roadside in Ocean

January 31, 2023

Advertise Online with The Coaster

Advertise on The Coaster to reach countless new customers for your local business.

START ADVERTISING TODAY

E-mail Newsletter

Sign up to get a free weekly newsletter to your inbox.

Subscribe

Contact Us

The Coaster
1011 Main St
Asbury Park, NJ 07712
Phone: 732-775-3010
FAX: 732-775-8345
editor@thecoaster.net

Email Newsletter »

All Articles

Search Our Site

No Result
View All Result

© 2023 The New Coaster, LLC. All rights reserved.

No Result
View All Result
  • Browse News by Town
    • Allenhurst
    • Asbury Park
    • Avon
    • Bradley Beach
    • Deal
    • Interlaken
    • Loch Arbour
    • Long Branch
    • Neptune
    • Neptune City
    • Ocean Grove
    • Ocean Township
    • Tinton Falls
  • About Us
  • Advertise
  • Contact Us
Subscribe / Renew

© 2023 The New Coaster, LLC. All rights reserved.