Current Public Notices
In accordance with New Jersey Public Law 2025, Chapter 72 (S-4654/A-5878), the Avalon Free Public Library now publishes all required public notices on this dedicated webpage.
Effective March 1, 2026, public notices that are legally required to be published will be posted here and accessible free of charge to the public.
Notices will remain publicly accessible for at least one year after posting, available in the archive linked below.
- Beginning March 1, 2026:
- Public entities must publish their legal notices on their website rather than in newspapers.
- Notices must appear on the public entities' websites for at least one week and then must be archived for one year.
- Public entities are required to send their website link to the Secretary of State for inclusion on the Secretary of State's website.
- Public entities must advertise twice per month in an online news publication that provides information about where their legal notices can be obtained on the public entity's website.
June 12, 2026
SUMMARY OR SYNOPSIS OF AUDIT REPORT FOR PUBLICATION
Attention is directed to the fact that a summary or synopsis of the audit report, together with the recommendations, is the minimum required to be published by N.J.S. 40A:5-7. Summary or Synopsis of the 2025 Audit Report of the Borough of Avalon Free Public Library as required by N.J.S. 40A:5-7.
COMPARATIVE BALANCE SHEET - REGULATORY BASIS
| Balance | Balance | |
| Dec. 31, 2025 | Dec. 31, 2024 | |
| Assets | ||
| Cash in Bank and Investments | 2,662,270.87 | 2,216,086.98 |
| Petty Cash and Change Funds | 100.00 | 100.00 |
| 2,662,370.87 | 2,216,186.98 | |
| Liabilities and Fund Balance | ||
| Liabilities: | ||
| Accounts Payable | 44,920.62 | 80,639.19 |
| Accrued Salaries and Wages | 97,120.22 | 105,549.06 |
| Total Liabilities | 142,040.84 | 186,188.25 |
| Fund Balances: | ||
| Designated for Capital Outlay | 1,373,000.00 | 1,176,000.00 |
| Unrestricted | 1,147,330.03 | 853,998.73 |
| Total Fund Balances | 2,520,330.03 | 2,029,998.73 |
| 2,662,370.87 | 2,216,186.98 |
STATEMENT OF REVENUES, EXPENSES AND CHANGES IN FUND BALANCE - REGULATORY BASIS
| Year 2025 | Year 2024 |
Revenues and Other Income Realized | ||
Borough of Avalon - Appropriation | $ 5,774,688.21 | $5,315,079.93 |
Interest Income | 23,100.32 | 1,956.56 |
Donations | 5,183.06 | 1,975.06 |
Miscellaneous Revenues | 305.93 | 265.00 |
State Aid for Libraries | 673.00 | 671.00 |
Total Revenues | 5,803,950.52 | 5,319,947.55 |
Expenditures | ||
Salaries and Benefits | 1,437,315.18 | 1,401,058.97 |
Library Operations | 878,702.12 | 829,326.48 |
Building and Utilities | 366,386.00 | 353,987.55 |
Library Board Expenditures | 125,430.36 | 122,840.28 |
Capital Outlay | 167,450.56 | 133,940.39 |
Total Expenditures | 2,975,284.22 | 2,841,153.67 |
Excess of Revenues Over Expenditures | 2,828,666.30 | 2,478,793.88 |
Fund Balance January 1 | 2,029,998.73 | 2,036,753.85 |
Transfers in/(Out) |
|
|
| Transfer of Excess Library Surplus (NJSA 40:54-15a) | (2,338,335.00) | (2,485,549.00) |
Fund Balance December 31 | $2,520,330.03 | $2,029,998.73 |
RECOMMENDATIONS:
1. None
The above summary or synopsis was prepared from the report of the audit of the Borough of Avalon Free Public Library, County of Cape May, for the year 2025. This report, submitted by Michael S. Garcia, Registered Municipal Accountant, of Ford, Scott & Associates, L.L.C. is on file at the Library's office and may be inspected by any interested person.
For a scanned copy of the official synopsis, click the link below.
Pursuant to N.J.S.A. 35:3-1 et seq., commencing on March 1, 2026, the Avalon Free Public Library will publish all legal notices in full on the Avalon Free Public Library’s official internet website. The complete text of each such legal notice may be obtained or viewed by the public, free-of charge, on the Library’s official internet website at: https://www.avalonfreelibrary.org/