Details for LOWER ALLEN TOWNSHIP AUTHORITY - Ad from 2019-06-12

NOTICE
LOWER ALLEN TOWNSHIP AUTHORITY
SUMMARY FINANCIAL INFORMATION
As of and for the Year Ended December 31, 2018
ASSETS
Current Assets
Cash and equivalents
Sanitary sewer rents receivable
Other receivables
Investments
Total current assets

$

Property, plant and equipmentnet of accumulated depreciation
Total assets

30,799,693
36,281,817

DEFERRED OUTFLOWS OF RESOURCES $

Operating Revenues
Operating Expenses
Operating loss
Nonoperating revenues
Capital contributions
Change in net position
Net Position
January 1, 2018
December 31, 2017

2,302,306
102,381
84,211
2,993,226
5,482,124

$

$

391,252

4,649,526
5,876,829
(1,227,303)
193,892
374,481
(658,930)

27,343,850
26,684,920

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

$

Guaranteed sewer revenue bonds
Net pension liability
Total liabilities

9,364,000
243,091
9,792,867

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 investing activities
Net cash used in capital and
related financing activities
Net cash provided by investing activities
Net decrease in cash and cash equivalents
Cash and cash equivalents
January 1, 2018
December 31, 2018

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 the
Lower Allen Township Authority, New Cumberland, Pennsylvania.

46,151
137,675
1,950
185,776

195,282

$
$

21,435,693
5,249,227
26,684,920
4,608,860
(1,269,683)
(2,985,036)
354,141
(1,809,824)
92,154
(1,363,529)

$

3,665,835
2,302,306

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