The Division of Local Government Services (DLGS) issued Local Finance Notice 2022-12 announcing a calendar year 2021 audit deadline extension and GASB 68 and 75 for municipal and county audits. All local units with a calendar year budget must complete and file their 2021 audits by the extended deadline of August 31, 2022. To ensure timely filing of county and municipal audits, the DLGS has authorized counties and calendar year municipalities to include in their annual audits the most recent available audited GASB 68 and GASB 75 financial information published by the Division of Pensions and Benefits.
Contact: Lori Buckelew, Deputy Executive Director & Director of Government Affairs, lbuckelew@njlm.org, 609-695-3481, x112.