AUDIT - 2010

BOROUGH OF MILFORD, N.J. TABLE OF CONTENTS

YEAR ENDED DECEMBER 31, 2010

PART I

Page

Exhibit

1 - 2

Independent Auditor's Report

CURRENT FUND A

3 - 4

Comparative Balance Sheet - Current Fund

A-1 Comparative Statement of Operations and Changes in Fund Balance - Regulatory Basis - Current Fund A-2 Statement of Revenues - Regulatory Basis A-3 Statement of Expenditures - Regulatory Basis

5

6 - 7

8 - 12

TRUST FUND B

13

Comparative Balance Sheet - Regulatory Basis

GENERAL CAPITAL FUND C Comparative Balance Sheet - Regulatory Basis C-1 Schedule of Fund Balance - Regulatory Basis

14 15

WATER UTILITY FUND D

16 - 17

Comparative Balance Sheet - Regulatory Basis

D-1 Comparative Statement of Operations and Changes in Fund Balance Regulatory Basis

18 19 19 20

D-2 Statement of Fund Balance - Regulatory Basis D-3 Statement of Revenues - Regulatory Basis D-4 Statement of Expenditures - Regulatory Basis

SEWER UTILITY FUND E

21 - 22

Comparative Balance Sheet - Regulatory Basis

E-1 Comparative Statement of Operations and Changes in Fund Balance - Regulatory Basis E-2 Statement of Fund Balance - Regulatory Basis E-3 Statement of Revenues - Regulatory Basis E-4 Statement of Expenditures - Regulatory Basis

23 24 24 25

PUBLIC ASSISTANCE FUND F

26

Comparative Balance Sheet - Regulatory Basis

FIXED ASSETS G Comparative Statement of General Fixed Assets - Regulatory Basis

27

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