Details for LOWER ALLEN TOWNSHIP AUTHORITY - Ad from 2018-06-13

LOWER ALLEN TOWNSHIP AUTHORITY
SUMMARY FINANCIAL INFORMATION
As of and for the Year Ended December 31, 2017

ASSETS
Current Assets
Cash and equivalents
Sanitary sewer rents receivable
Other receivables
Investments
Total current assets

$

3,665,835
127,063
18,863
2,999,582
6,811,343

Property, plant and equipmentnet of accumulated depreciation

30,654,256

Net pension asset
Total assets

425,196
37,890,795

DEFERRED OUTFLOWS OF RESOURCES

Operating Revenues
Operating Expenses
Operating loss
Nonoperating revenues
Capital contributions
Change in net position
Net Position
January 1, 2017
December 31, 2017

$

$

$

4,979

4,972,541
5,505,408
(532,867)
886,855
39,816
393,804

26,950,046
27,343,850

LIABILITIES
Current Liabilities
Accounts payable
Accrued expenses
Escrow deposits
Total current liabilities

$

9,886,000
10,102,353

Guaranteed sewer revenue bonds
Total liabilities

449,571

DEFERRED INFLOWS OF RESOURCES
NET POSITION
Net investment in capital assets
Unrestricted
Total net position
Cash Flows from Operating Activities
Cash received from customers
Cash payments for goods and services
Cash payments to employee related expenses
Net cash provided by operating activities
Net cash used in capital and
related financing activities
Net cash provided by investing activities
Net increase in cash and cash equivalents
Cash and cash equivalents
January 1, 2017
December 31, 2017

67,339
147,064
1,950
216,353

$

$

20,768,255
6,575,595
27,343,850

4,953,780
(1,213,438)
(2,865,414)
874,928
(416,563)
53,438
511,803

$

3,154,032
3,665,835

Note 1. Summary Financial Information
The Summary Financial Information was prepared pursuant to Act 22 of 2001, statute on Title 53. The financial statements from which the Summary Financial
Information was derived are on file at Lower Allen Township Authority, New Cumberland, Pennsylvania.

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