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locally owned since 1854

Notice of Audit

1499 Spring Garden Drive
Middletown, PA 1499 Spring
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NOTICE OF AUDIT

The accompanying concise financial statements are here presented in accordance with Section 8 of the Pennsylvania Municipality Authority Act.

MUNICIPAL AUTHORITY OF LOWER SWATARA TOWNSHIP

BALANCE SHEET

DECEMBER 31, 2016

ASSETS

Cash $355,118

Total assets $355,118

LIABILITIES AND FUND BALANCES

LIABILITIES None

FUND BALANCES

Committed-construction $355,118

Total liabilities and fund balances $355,118

MUNICIPAL AUTHORITY OF LOWER SWATARA TOWNSHIP

STATEMENTS OF REVENUES, EXPENDITURES AND

CHANGES IN FUND BALANCES

YEAR ENDED DECEMBER 31, 2016

REVENUES

Investment income $1,060

Tapping and connection fees 37,200

Total revenues 38,260

EXPENDITURES

None -0-

Excess revenues over expenditures 38,260

OTHER FINANCING USES

Capital contributed to Township’s

Sewer Revenue Fund (37,200)

Net change in fund balance 1,060

FUND BALANCE, BEGINNING OF YEAR 354,058

FUND BALANCE, END OF YEAR $355,188

We, the duly appointed auditors of the Municipal Authority of Lower Swatara Township, for the year ended December 31, 2016, do hereby certify that the above statements are a true and correct statement from our Auditor’s Report filed with the Pennsylvania Department of Community and Economic Development on June 29, 2017.

#199 0712-1T

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Posted 12/31/1969