The full record

Everything above is a visual summary. What follows is the verbatim audit text: the executive summary, with the full report, methods, monitoring plan, records requests, and records pages linked under Documents.

Boonton Town, NJ — Public-Records Financial Review: Executive Summary

Independent, evidence-based review of the Town of Boonton (municipality) and the Town of Boonton School District, Morris County, New Jersey — NOT Boonton Township. Research date: September 17–18, 2026. School fiscal year: July 1–June 30. Municipal calendar year: January 1–December 31.

What this is. A public-records financial review — not a certified audit, not a forensic examination, and not an investigation designed to prove wrongdoing. Every Boonton-specific figure inherited from an earlier research session was treated as an unverified lead and independently re-checked against original documents. Findings are labeled by confidence; open questions are kept separate from facts. Full detail, citations, and reconciliation schedules are in full-report.md and schedules/.

The Oct 15, 2026 school OPRA production (122 PDFs plus a tracking file) and the Sep 23, 2026 library production (4 PDFs) are integrated throughout this summary and the full report, with historical comparisons where the new data extends a series. Eleven files are image-only scans whose contents await OCR. Full file list: public records page. Changes to this audit are recorded in changelog.json.

1. Where the money goes (verified)

School district (FY2026–27 FINAL adopted budget, 4/27/2026 — supersedes the advertised version). General Fund $38,629,369 (NJDOE UFB shows $38,629,370 — $1 rounding difference), +$231,571 (+0.6%) vs. the advertised $38,397,799. Documented causes in the adoption resolution: Energy/Natural Gas +$25,785, Energy/Electricity +$25,786, Construction Services +$180,000 (flooring upgrades); the resolution also includes a $984,178 adjustment for increased health-care costs — new evidence partially explaining the benefits increase. All-funds adopted expenditures $43,978,501 (GF $38,629,369 + Special Revenue $3,923,632 + Debt Service $1,425,500); total tax levy $25,616,067 (GF $24,604,443 + debt service $1,011,624). Confidence: high (adopted document + UFB).

Adopted detail confirmed by the account totals (A-03, run 10/13/2026). Fund 10 (charter) $145,468.00; Fund 11 adjusted $37,837,279.96 (original $37,814,375.64, transfers $22,904.32); Fund 12 adjusted $716,291.35 (original $669,525.00, transfers $46,766.35); Fund 20 adjusted $3,883,220.00 (original $3,936,997.08); Fund 40 debt service $1,425,500.00 (interest $390,500.00 + principal $1,035,000.00). General Fund original: $145,468.00 + $37,814,375.64 + $669,525.00 = $38,629,368.64, rounding to the adopted $38,629,369 ($0.36 rounding). Fund 12 original $669,525.00 = Construction Services $663,792.00 + Assessment for Debt Service on SDA Funding $5,733.00; Equipment $0.00. Special Revenue discrepancy flagged, not hidden: A-03 Fund 20 original $3,936,997.08 vs. C-13 proposed $3,981,998 vs. UFB adopted $3,923,632. Do not reconcile Special Revenue across sources without further records.

Advertised budget detail (C-13, 96 pp, generated July 24, 2026; proposed, not the adopted UFB). General Fund revenues: Local Tax Levy $24,604,443 (up $1,447,320, +6.25% vs. revised 2025-26 $23,157,123); Tuition from Other LEAs $6,205,885 (up $132,032, +2.17%); Total Local Sources $30,940,328; State Sources $7,266,247 (Equalization Aid $4,211,785, Special-Ed Categorical $1,784,849, Extraordinary Aid $800,000, Transportation Aid $132,377, Security Aid $337,236); Federal Medicaid $57,064; Budgeted Fund Balance $356,939; Withdraw from Capital Reserve $8,792; Total Operating Budget $38,629,370. Total Revenues/Sources (all funds) $44,036,868. Adequacy: District Adequacy Budget $27,012,255; Total Budgeted Adequacy Spending $28,816,228; Excess $1,803,973. The district's stated explanation for exceeding adequacy: "Healthcare premiums rose by 26.5% in 25-26 and are anticipated to rise by 15.5% in 26-27." That is the district's stated explanation, not an independently verified premium history. Per-pupil (Advertised Per Pupil Cost Calculations): Total Budgetary Comparative Per Pupil Cost: Proposed 2026-27 $23,071; Revised 2025-26 $22,616; Original 2025-26 $21,340; Actual 2024-25 $21,246; Actual 2023-24 $20,298. Confidence: high on the figures as printed in C-13.

Municipality (CY2026 adopted budget). Total $17,769,364, +6.24% (+$1,042,926) vs. the adopted 2025 budget ($16,726,438). Correction history: the review first stated +6.01% vs. $16,761,438 (the budget presentation's 2025 comparative column — not an adopted basis); a revision pass then "corrected" this to +3.41% vs. $17,182,605 — but $17,182,605 was the 2024 adopted total, misassigned by a year-inconsistent column defect in the town's budget workbooks — prior-year figures entered in the first data column on the revenue sheets of the 2024–2026 budgets (but not 2021's or 2023's, which follow their headings), opposite the printed headings — documented as an audit contribution in full-report.md §6.3). The 2025 adopted total is $16,726,438. Categories: salaries & wages $6,024,560; pensions/statutory $1,426,694; insurance incl. employee coverage $2,300,200; other operating $4,800,568; debt service $1,295,146 (adopted; the budget advertisement showed $1,274,702 = $920,000 principal + $354,702 interest); reserve for uncollected taxes $1,500,000 (a non-cash appropriation — not spendable money); capital improvement $200,000; grants $242,640. Confidence: high (recomputed exactly).

Property-tax allocation (CY2025 actual, from the town's 2026 budget — verified). Of each tax dollar: school district 62.31%, municipal purposes 26.06%, Morris County 9.95%, municipal library 1.41%, county open space 0.27%. The town keeps only the 26.06% municipal slice; the rest is collected as agent and remitted in full (school and county at 100% by law). Separately: property taxes are 62.35% of school General Fund revenue — a different ratio answering a different question. Illustrative $10,000 bill: $6,231 / $2,606 / $995 / $141 / $27 — illustrative only, not any resident's actual bill. Confidence: high on the shares; the Morris Plains 51.51% comparison is now verified (see §5 benchmarks).

2. Are controls working? (findings register)

No auditor reported a material weakness for either entity. The municipal audit opinion is qualified only as to the unaudited General Fixed Assets Account Group ($25,202,385) and unaudited LOSAP trust activity — not the Current Fund, utilities, or other funds. None of the findings reviewed constitutes evidence of missing money.

3. What drives costs and tax increases?

• School benefits are the sharpest pressure point. FY2026 benefits jumped ~22.9% in the proposed budget; FY2027 advertised benefits are $7,889,294, up 12.4% on a revised basis (+13.6% on an original basis). The adoption resolution includes a $984,178 adjustment for increased health-care costs — new evidence partially explaining the increase. Horizon renewal (C-10, 7/1/2026 to 6/30/2027): every medical and prescription page shows a 15.50% percentage change. Broker commission: 2.63% of medical premium (text states slightly less than 2.71% including taxes) and 3.32% of prescription premium (slightly less than 3.42% including taxes). Do not state a single 2.63% commission; state both. Benefits actuals for the Ch. 44 state report (medical plans DA, OMNIA, EHP, by tier): 2023-24 total for selected coverage $5,093,317.88, employee contributions $915,415.11, net cost $4,177,902.77; 2024-25 total $5,315,684.00, employee contributions $714,477.00, net cost $4,601,207.00. Label these as medical-plan actuals per the Ch. 44 state report, not all benefits. Employee contributions fell from $915,415.11 to $714,477.00 while the total rose; state the figures only, do not interpret the cause. Benefits-slice account totals (objects 220, 241, 249, 260, 270 only): FY27 Fund 11 $7,507,096.40 + Fund 20 $1,025,751.00 = $8,532,847.40; FY26 adjusted $7,595,071.37 (original $7,162,963.87). The C-13 FY2026-27 General Fund subset ($7,507,097) matches the C-10 FY27 Fund 11 figure within $0.60 rounding. C-13 Employee Benefits Summary (General Fund): totals $5,692,260 (2024-25 actual) / $7,018,213 (2025-26 appropriations) / $7,889,294 (2026-27 appropriations); 2026-27 health benefits: district share $6,338,244, employee share $1,041,263, total $7,379,507. Employee benefits as a percentage of salaries: 38.33% proposed; 34.26% revised 2025-26; 33.56% original 2025-26; 28.37% actual 2024-25; 27.70% actual 2023-24 (excludes pension and Social Security paid by the State on behalf of the district). Enrollment-by-tier decomposition still missing. Confidence: high on figures; drivers partially open.
• School capital outlay falls sharply: revised $1,562,908 → proposed $489,525 (−68.7%). Adopted capital outlay is $669,525 (Construction Services $663,792 + Assessment for Debt Service on SDA Funding $5,733; Equipment $0.00). Capital Project Detail: Project 1 $8,792 Construction Services; Project 2 $475,000 Construction Services; Project 3 $180,000 Construction Services (sum $663,792). No project-completion explanation was found; the $475,000 BHS roof replacement is budgeted from operating revenue, not reserves (only $8,792 of capital outlay comes from capital reserve). Capital POs (C-12): FY26 orders over $2,000: Amount $1,266,575.98, Payments $1,219,809.63, Open $46,766.35. The only open FY26 capital PO is Flooring JHS (Hannon, PO 601284), $46,766.35, $0 paid. FY27 orders: Amount $225,859.34, Payments $206,354.14, Open $19,505.20. Boonton High School re-roofing, $884,751.64, is paid in full per C-12/D-16 (PO 600001, Waterproofing Technologies). JHS flooring 2026-27 (Hannon, PO 700001), $182,745.10, paid in full. Minutes vs. PO discrepancy, flagged not resolved: the Apr 28, 2025 minutes award the BHS roofing at $973,776.75 vs. the PO $884,751.64, a difference of $89,025.11. Possible explanations (ceiling vs. partial PO, change order) are speculation. Debt-service reconciliation item, flagged not resolved: D-16 Depository Trust FY26 $1,425,300 (Interest $430,300 / Principal $995,000) vs. budget/A-03 $1,425,500 (Interest $390,500 / Principal $1,035,000), a $200 difference with a $40,000 interest/principal shift. Confidence: high on figures; explanation open.
• In real terms, school spending is essentially flat. FY2021–FY2025 audited actuals: total spending +1.8% after +20.7% cumulative inflation; the tax levy shrank 8.9% in real terms (the 2% cap at work). Real growth concentrates in special education (+12.5%) and transportation (+51%). State-source revenue rose 27.2% real (largely on-behalf pension accounting plus aid-formula gains). Confidence: high.
• Town group insurance — framing corrected. Like-for-like inside-cap appropriation: $1,650,000 → $1,747,200 (+5.9%). The 2026 budget adds a new outside-cap line of $287,800 (2026 total $2,035,000). Correction: the previously stated +23.3% mixed the 2025 inside-cap figure with the 2026 combined figure. The presentation's broader $2,300,200 "Health Insurance" line bundles liability, workers' comp, and waivers — do not double-count the two measures. Town explanation: "market driven." Drivers unverified. Confidence: high on verified figures.
• Police salaries: 2025 original $3,660,960 verified (audited); the 2026 figure $3,895,255 is now verified from the adopted budget (+6.4% vs. 2025). Decomposition (base/overtime/other) unavailable. Confidence: high on both.
• Municipal fund balance is stable but surplus use is rising. Current Fund balance: $5,259,308 (1/1/2025) → $5,413,253 (12/31/2025); 2025 operations fully replenished the amended $2,653,000 used and added $153,945. The 2026 budget uses $3,058,000 (+$405,000 vs. the 2025 amended utilization; 2025 original adopted was $2,372,000) — the figure is confirmed (revenue reconciliation + the budget-workbook column evidence; an earlier competing read of $2,653,000 was the 2025 comparative column). Regulatory-basis balance is not unrestricted cash — a $480,000 deferred charge (tax reassessment) sits on the balance sheet. Confidence: high.
• The 2025 debt-service spike is explained. The 2025 adopted debt service of $2,139,668 was a one-time BAN payoff ($1,270,000 BAN/capital-notes line funding the retirement of a $1,171,000 General Capital BAN matured 6/5/2025 plus a $133,000 Sewer BAN), not a refunding — open question: $1,270,000 appropriated vs. $1,171,000 retired leaves $99,000 unexplained. Confidence: high on the mechanism; the $99k gap is open.
• Revenue risks: Lincoln Park tuition — now under a verified five-year agreement (2025-26 through 2029-30) at agreed annual totals of $5.73M → $6.40M; FY2026-27's $5,812,847 is ~15% of the adopted General Fund. The signed agreement (Dec 16, 2024) and the 1999 predecessor agreement were received in the Oct 15, 2026 production (both image-only scans; the tuition schedule is stated from the Lincoln Park 12/17/2024 Finance resolution, not from the unextracted agreement file). Verified tuition schedule: 2025-26 $5,728,305; 2026-27 $5,812,847; 2027-28 $5,942,493; 2028-29 $6,176,550; 2029-30 $6,399,971. The rate methodology is denied as confidential (item 15); the denial cites no legal basis. The renewal-risk window is closed through 2030, but BHS is at 132% of stated capacity on the back of ~289–301 Lincoln Park students. District FY2025-26 tuition rates approved Apr 28, 2025: Kindergarten $16,581; Grades 1-5 $17,713; Grades 6-8 $18,133; Grades 9-12 $18,985; Multiple Disabilities $52,016; Learning Language Disabilities $48,890; Preschool Disabled $69,794 (highest listed). FY2025-26 adopted budget (same minutes): General Fund $37,140,532; Special Revenue $3,533,769; Debt Service $1,425,300; Total $42,099,601; Tax Levy $24,230,476. Tentative-to-final change total $282,664, with line changes that foot (including a total health increase of $796,751). Also: Adjustment for Enrollment $351,671; Adjustment for Health Care Costs $93,658 (FY2025-26, distinct from the FY2026-27 $984,178 adjustment). Preschool aid carryover nearly exhausted ($8,222); COVID-era federal grants fully expired.
• Small contracts verified from the June 8, 2026 minutes excerpt (A-02): Medical Services Contract with Dr. Arnold Pallay, MD, Changebridge Medical Associates PA, Montville, for 2026-27, $18,720.00 (D-17 FY27 PO 700031 matches exactly: $18,720.00, Paid $3,744.00, Open $14,976.00). Waste and Recycling Services Contract renewal with Waste Management of Ewing for 2026-27 at a 3.5% increase for $33,383.40. Discrepancy flagged, not resolved: minutes renewal $33,383.40 vs. D-17 FY27 PO 700030 $34,030.24 (Payments $11,774.60, Open $22,255.64), a difference of $646.84. ESC Professional Support / Non-Public Services Agreement for 2026-27. Auditor appointment Lerch, Vinci and Bliss $34,700. Reserve deposits: the SBA may transfer up to $1,500,000 EACH into Capital Reserve, Tuition Reserve and/or Maintenance Reserve in June.

4. Presentation problems found (not missing money)

• School FY2025–26 presentation double-counts capital. Five custom categories sum to $38,369,465 vs. the stated General Fund $37,140,532; the $1,228,933 excess equals the official capital-outlay total to the dollar — a presentation classification error, not a ledger misstatement. Confidence: high on arithmetic; mechanism needs district explanation.
• FY2027 capital table: the $5,733 is resolved. It is the Assessment for Debt Service on SDA Funding (line 76210), not unitemized. Total Capital Outlay adopted $669,525 = Construction Services $663,792 + SDA assessment $5,733 (A-03; C-13, pp. 22-24). Watch item W-14 closed on this basis.
• The $820,111 "capital reserve" is a June-2027 projection, not cash. It assumes no deposits and no further withdrawals. The reserve is restricted to LRFP projects; the district's own LRFP cost estimate ($50.9M uncompleted) dwarfs it — a planning estimate, not an obligation.
• No cooling inventory exists in public records. No building/room-level AC data, equipment condition, or cost estimates were found. No "no AC" claim is made here. Roof–cooling design coordination is recommended as a contingent question, not an established plan.
• Unreconciled differences, flagged not findings. Roofing: minutes award $973,776.75 vs. PO $884,751.64, difference $89,025.11. Waste Management: minutes renewal $33,383.40 vs. PO $34,030.24, difference $646.84. Debt service: D-16 Depository Trust $1,425,300 vs. budget/A-03 $1,425,500, a $200 difference with a $40,000 interest/principal shift. Charter appropriation: Unity $119,983 + LEAD $24,875 = $144,858 vs. Fund 10 original budget $145,468, an unreconciled $610 difference. Special Revenue totals differ across sources (A-03 $3,936,997.08 vs. C-13 $3,981,998 vs. UFB $3,923,632); do not reconcile without further records. Delta Dental July 2026 invoice shows two different balance-forward figures ($21,000.69 and $21,291.29); neither is used as an arrears figure, and the single invoice does not resolve which is correct.
• Sensitive content in as-received files: handled by redaction (W-41, resolved). The Gardberg employment contract contains a private home address for the official; the Sept 9, 2024 minutes contain one student date of birth and one student state ID in a home-instruction item. The values are NOT reproduced anywhere in this audit, the website, the schedules, or any PR, and must not be published. Both files are published in redacted form on the records page and labeled as redacted; the as-received originals are retained untouched in the evidence store.

5. Benchmarks

• NJDOE 2025–26 comparative per-pupil (one consistent definition): Boonton $21,340; Butler $21,140; Chathams $20,772; Mountain Lakes $30,760. Boonton is the lowest of the four in administration ($1,867) and operations/maintenance ($1,583) — the two components this review isolated — and within $568 of Butler/Chathams on the total. Butler is the closest structural peer (same county, K–12, receiving district). This is relative position on one definition, not a finding of efficiency. Confidence: high.
• Municipal: Boonton's 2026 budget exceeds Butler's by 19.2% unadjusted, ~6.0% after the researcher-defined exclusion of debt service and the reserve for uncollected taxes (debt and collection risk remain real costs). Confidence: medium (adjustment is illustrative).
• Interstate: Census FY2024 current spending per pupil — NJ $27,234 vs. US $17,619 (54.6% above). Context only; not comparable to NJDOE's $21,340 measure.
• Outcomes (2023–24): ELA proficiency 67.9% (state 52.2%), math 45.0% (state 40.2%), 4-yr graduation 91.2% (state 87.7%), chronic absenteeism 17.0% (target 14.9%, not met). No causal claims made.
• Advertised per-pupil cost series (C-13, one definition): Total Budgetary Comparative Per Pupil Cost: Proposed 2026-27 $23,071; Revised 2025-26 $22,616; Original 2025-26 $21,340; Actual 2024-25 $21,246; Actual 2023-24 $20,298. Proposed 2026-27 components: Classroom Instruction $13,519; Support Services $5,047; Administrative Costs $1,953; Operations and Maintenance $1,767; Extracurricular $761; Equipment $0; Legal $71. The C-13 O&M per-pupil figure of $1,767 supersedes the earlier $1,734 figure. Employee benefits as a percentage of salaries: 38.33% proposed; 34.26% revised 2025-26; 33.56% original 2025-26; 28.37% actual 2024-25; 27.70% actual 2023-24.
• Enrollment projection (NJDOE LRFP cohort-survival, district 0450): K-12 total 1,397 (2024-25) / 1,398 (2025-26) / 1,386 (2026-27) / 1,418 (2027-28) / 1,427 (2028-29). Average survival rates run from Kindergarten 0.703 through 9th grade 1.851 (a rate above 1.0 means the grade grows year to year; 1.851 is consistent with receiving-district inflow in 9th grade, an interpretation, the table does not state the cause) through 12th grade 0.977. PK projections are asterisks in the table (district-determined); no PK projections are quoted. J-19 (Exhibit J-19, Schedule of Required Maintenance, Last Ten Fiscal Years, Unaudited): extraction is garbled, including the 2025 column. NO J-19 figures are quoted. Figures are not quotable until the PDF is read visually or re-extracted. Advertised enrollment (C-13): Onroll Full 1,241.0 (10/15/2024) / 1,241.0 (10/15/2025) / 1,235.0 (10/15/2026 estimated); Onroll Shared 12.0 / 22.0 / 26.0; SpEd Full 273.0 / 256.0 / 305.0.
• BHS attendance as of 10/14/2026 (C-15): Residence 0450 TOTAL: Total 356, Active 332, Days Possible 60,973, Days Present 60,551, Days Absent 422, Days Tardy 734. Residence 2650 TOTAL: Total 253, Active 249, Days Possible 45,837, Days Present 45,550, Days Absent 287, Days Tardy 181. Residence 2380: 1 student, Grade 12, 184 days possible and present, 0 absent, 0 tardy (single-student row, not a cohort). The % ATT and % NOT Tardy columns are NOT quoted (header mapping ambiguous in extraction). Residence codes are as printed; the report does not label 2650 or 2380 with district names, so no district name is assigned to them.

6. Practical improvements (no invented savings)

The 24 options in schedules/improvement-options.csv separate what is control hygiene (payment-deadline ownership, documentation retention, deposit rules, PO cleanup, timesheet approvals, public corrective-action tracking — mostly low cost, recurring benefit) from what needs evidence first (benefits and insurance decompositions, ESIP feasibility, shared-service inventory). No dollar savings are estimated where the records don't support one — most options are marked "not quantifiable from public records," which is itself the finding: the cost drivers cannot be managed until they are measured. The highest-priority asks are records, not cuts:

1. ~~The district's FY2025 corrective-action plan and~~ the FY2026 audit (~Oct 2026) as the first independent check on whether the CAP was implemented. CAP received Oct 15, 2026 (board meeting 1/5/2026; implementation date 12/31/2025); implementation still to be verified.
2. Benefit/insurance rate, enrollment, and contribution records for both entities. Partially received: Horizon renewal rates and Ch. 44 medical-plan actuals tabulated; enrollment-by-tier decomposition still missing.
3. ~~Final-adopted FY2026–27 school budget and adoption record.~~ Retrieved 2026-09-18 (adopted $38,629,369; +$231,571 vs advertised; $984,178 health-care adjustment documented).
4. Fixed-asset appraisal evidence (municipal) — follow-up 2026-09-18: CAP confirmed adopted 7/20/2026 (Res. 26-207, two audit recommendations noted); no implementation evidence through 9/21/2026 (checked 7/20, 8/17 minutes; 9/8, 9/21 agendas).
5. ~~Lincoln Park send/receive agreement terms.~~ Agreement received Oct 15, 2026 (signed Dec 16, 2024; 1999 predecessor also received); tuition schedule verified. Remaining: the rate methodology, denied as confidential.
6. Facilities condition assessment and room-level cooling inventory.
7. OCR of the 11 UNEXTRACTED image-only scans (7 school, 4 library), including the CAP, both Lincoln Park agreements, principal contracts, June 2026 Board Secretary/Treasurer reports, and the library PDFs.
8. A LEAD Charter School payment record (NJDOE schedule shows $24,875; no payment record found in the produced files searched); reconciliations for the roofing $89,025.11, Waste Management $646.84, debt-service $200, charter $610, and Special Revenue differences; a vendor register that foots to a reliable grand total or a native data export.

7. What this review could not do

A 170-row public-records contracts register (schedules/contracts-register.csv) now supports a real procurement screen: no finding of favoritism, bid-splitting, or wrongdoing — competitively bid capital work (up to 14 bidders), a stable professional-services roster lawfully exempt from bidding, and two no-bid paths handled statutorily. Open procurement leads: the solid-waste award (Res. 23-271) with vendor/amount unverified; no bid tabs, proposals, or executed contracts posted publicly; BED certifications seen only for 2026. Vendor-payment registers FY24–FY27 and PO journals FY25–FY27 were received Oct 15, 2026 as PDFs of system reports (D-16, 695 pp; D-17, 236 pp), so the "no vendor-payment data obtainable" limitation is lifted. The columnar PDF text does not foot to a reliable grand total, so no duplicate-payment or PO-validity screen was run; per-vendor block examples that foot internally are tabulated in schedules/vendor-examples.csv (Horizon FY26 $7,198,254.01; Delta Dental FY26 $250,656.98; ESC FY26 $1,108,179.32; Depository Trust FY26 $1,425,300.00; Weatherproofing Technologies FY26 $884,751.64; Unity FY26 $119,983.00; Waste Management FY26 $33,775.94; Lerch Vinci Higgins FY26 $35,500.00; Celebrate the Children FY26 $668,564.00; Pomptonian FY26 $630,000.00 orders, $623,262.26 checks). D-17 report totals foot internally (Payments plus Open equals Amount): FY25 $52,995,899.77 / $52,831,796.82 / $164,102.95; FY26 $53,886,796.72 / $53,806,204.17 / $80,592.55; FY27 YTD $38,242,782.18 / $10,733,413.20 / $27,509,368.98. D-17 totals are NOT vendor-payment totals and NOT comparable to the budget (they include payroll POs and contra/negative entries). D-19 Account Code Listing: 73 pp, 1,640 distinct account-code rows, no dollar figures; it maps account codes to descriptions and budget line numbers. An executable test plan plus expanded draft records requests are in records-requests.md (drafts only; nothing was submitted). Board minutes 2023–2026 (81 individual files plus a compiled 2025 volume that duplicates the individual 2025 minutes) were mined for 20 additional contract-award rows; minutes record board affirmations of the Superintendent findings on numbered HIB complaints by building, but the minutes do NOT state whether each numbered complaint was substantiated, so no HIB counts are presented as substantiated incidents and no annual HIB total is stated. Donations are summarized without private donor family names. Public-comment questions and claims were not treated as findings. Personnel actions are summarized by category only. Employment contract terms (E-23): Gardberg (BA/Board Secretary), contract July 1, 2026 through June 30, 2027: salary $180,522 plus longevity $2,100; health waiver lesser of 25% or $5,000; vacation 21 days, payout capped by 30 accumulated days; sick payout capped at $15,000; tuition reimbursement max $5,500; phone up to $125.00/month. Valle (Superintendent), contract July 1, 2026 through June 30, 2031: salary schedule $230,000 / $236,900 / $244,007 / $251,327 / $258,867; longevity $2,100/year; total annual salary including longevity $232,100 / $239,000 / $246,107 / $253,427 / $260,967; auto-renewal for 5 years expiring June 30, 2036 unless the Board notifies by July 1, 2030; sick payout max $15,000; health waiver $5,000 flat; tuition max $6,500/year; cell phone max $130.00/month; contract cost sheet totals $322,743 / $331,344 / $340,203 / $349,328 / $358,727. Principal contracts file is UNEXTRACTED; principal terms beyond salary and longevity are not stated. Principals (salaries in official capacity): Klebez $171,169 + $2,100 longevity; Nosal $143,639 + $3,675; Schessler $166,950 + $1,575. Library (README-sourced; the four library PDFs are UNEXTRACTED): FY2026 adopted budget $588,800, balanced, net $0 (Town Appropriation $584,300, 99.2%; State Aid $4,500); expenses Personnel $358,450 (61%), Library Operations $136,250, Property $81,900, Administration $12,200. Cash: Dec 2025 $426,502.18; May 2026 $355,041.96, of which $220,000 moved into CDs at 3.75%. FY2025 close: operating surplus $26,773.37; other income $21,835.59. The $650 Provident Bank reconciliation discrepancy is a LEAD, not a finding (Mar 2026 treasurer report describes it as an "as yet unresolved fraud situation with Provident Bank"); current status unknown. The ELEC donor cross-check is now COMPLETE for 2023–2025 (2026-09-18: 60 entities; 2025 all $0 except Mazzei $350; 2024 Disalvo $605, Weisman General $7,200, Weisman Primary $4,000, rest $0; 2023 Holly $500, Lynch Primary $7,100, Lynch General $22,231.70, rest $0; 56 itemized donors vs 2026 vendor list — no exact matches, one name-similarity lead "WARMINGTON, JACK" $100 vs vendor Robert Warmington, different first name, NOT a match; new lead: Boswell Engineering Inc $500 to Lynch's 2023 mayoral campaign — Boswell not on the 2026 vendor list, check via records whether Boswell appears in town vendor payments/contracts before drawing any inference) — still no donor finding. Financial-disclosure sweep now COMPLETE (2026-09-18): 2025: 23/23 fully read; 2024: 23/23 fully read; 2023: 25 statements fully read (every key-official statement across all three years). Documented official↔vendor relationships, all expected appointed-professional alignments: town attorneys disclosing "Dorsey & Semrau" income/business interest (2023–2025); municipal prosecutor Chris DiLorenzo disclosing "DiLorenzo & Rush" income and business interest (2023–2024; the firm holds the prosecutor appointment itself). All other disclosed entities (Coldstream Properties, Balan architecture LLC, Lynch CPA, CAPPS LLC, Bell Shivas & Bell PC, Carlson Law LLC, Schenck Price Smith & King, Progressive Casualty, Homecare Therapies, Yeshiva University, etc.) are screening leads only — zero matches against the contracts register or 2026 vendor list beyond the two expected relationships. No substantiated favoritism, conflict, or wrongdoing finding. Long-term: monitoring-plan.md holds the 30-item discrepancy watchlist, the release calendar, and a quarterly check procedure. Who holds spending authority is mapped in people-and-oversight.md (roster in schedules/people-roster.csv). Municipal five-year department trends are rebuilt (2026-09-18 rev pass 3: each year's own adopted budget used with transposition awareness; the 2022 and 2024 adopted budgets were located on boonton.org DocumentCenter > Finance); the FY2024 school ACFR and several older audits were not retrievable. "Not found online" is never treated as "withheld." See methods-and-limits.md.