The council has not yet resumed in-person meetings; Wednesday’s session will again be held via Zoom. (Photo by John T. Ward. Click to enlarge.)
“Corrective actions” to address deficiencies identified in an audit are on the Red Bank council’s agenda for Wednesday night.
Red Bank auditor David Kaplan, seen here in 2014, said the borough’s financial strength improved last year. (Photo by John T. Ward. Click to enlarge)
By JOHN T. WARD
Debt is down, cash is up, and the outlook for Red Bank’s finances is much improved, the borough auditor told town officials Wednesday.
Delivering the results of his 2014 audit in the form of a 139-page report [see link below], auditor David Kaplan said the current-account balance, from which the town pays most of its bills, was $1.62 million at year-end, up, $164,500 from a year earlier, and that bonded debt dropped to $17.3 million, down from $19.6 million.
“Obviously, that doesn’t happen by magic,” Kaplan said, referring to the current account surplus.
A former State Trooper from Little Silver who was criminally prosecuted for falsifying audit reports has had his pension reduced, NJ.com reports.
Glenn Mannino, 52, a former sergeant and assistant unit head of the Criminal Justice Information System Control Unit, was sentenced last May to one year of probation, conditioned upon 50 hours of community service, three months after he pleaded guilty to tampering with records regarding audits of the computer system, which provides crime records to law enforcement agencies throughout New Jersey.
A former State Trooper from Little Silver was sentenced Thursday for falsifying audit reports.
Glenn Mannino, 52, a former sergeant and assistant unit head of the Criminal Justice Information System Control Unit, was sentenced by a Superior Court judge in Mercer County to one year of probation, conditioned upon 50 hours of community service, according to an announcement by state acting Attorney General John J. Hoffman.