Common use of Auditor’s Report Clause in Contracts

Auditor’s Report. Within ninety (90) days after the close of each fiscal or calendar year, depending on the Entity’s accounting basis, for the duration of this Agreement, the Entity shall submit to the Mayor and Borough Council, who shall advise those municipal officials required to be advised, and the Division of Local Government Services in the Department of Community Affairs, its Auditor’s Report for the preceding fiscal or calendar year pursuant to N.J.S.A. 40A:20-3(c). The Report shall clearly identify and calculate all items comprising the Annual Gross Revenue and the Net Profit for the Entity during the previous year. The Entity assumes all costs associated with preparation of the periodic reports.

Auditor’s Report. Within ninety (90) days after the close of each fiscal or calendar year, depending on the Entity’s accounting basis, for the duration of this Agreement, the Entity shall submit to the Mayor Mayor, City Council, the Tax Collector and Borough Councilthe City Clerk, who shall advise those municipal officials required to be advised, and the Division of Local Government Services in the Department of Community Affairs, its Auditor’s Report for the preceding fiscal or calendar year pursuant to N.J.S.A. 40A:20-3(c). The Report shall clearly identify and calculate all items comprising the Annual Gross Revenue and the Net Profit for the Entity during the previous year. The Entity assumes all costs associated with preparation of the periodic reports.

Auditor’s Report. Within ninety (90) days after the close of each fiscal or calendar year, depending on the Entity’s accounting basis, for the duration of this Agreement, the Entity shall submit to the Mayor Mayor, Municipal Council, the Tax Collector and Borough Councilthe City Clerk, who shall advise those municipal officials required to be advised, and the Division of Local Government Services in the Department of Community Affairs, its Auditor’s Report for the preceding fiscal or calendar year pursuant to N.J.S.A. 40A:20-3(c). The Report shall clearly identify and calculate all items comprising the Annual Gross Revenue and the Net Profit for the Entity during the previous year. The Entity assumes all costs associated with preparation of the periodic reports.