Public Notice: 01/09/2025 [45e6ee277b81320081294c1540673e0d]

AUDIT NOTICE MONROE COUNTY TRANSPORTATION AUTHORITY STATEMENT OF NET POSITION June 30 2024 ASSETS Cash including cash restricted for capital projects Accounts receivable Grants receivable Inventories Prepaid expenses Capital assets net of accumulated depreciation Total Current and Capital Assets 4 908 296 137 344 535 490 132 231 196 723 9 849 653 15 759 737 529 467 4 358 754 4 888 221 NET POSITION Invested in capital assets Restricted disposition proceeds Unrestricted Total Net Position 9 849 653 353 216 668 647 10 871 516 OPERATING REVENUES 2 331 991 OPERATING EXPENSES 8 072 217 LIABILITIES Accounts payable and accrued expenses Unearned revenue Total Current Liabilities LOSS FROM OPERATIONS 5 740 226 NONOPERATING REVENUES EXPENSES Operating Grants Federal government Commonwealth of Pennsylvania Act 44 funds Monroe County Gain on disposal of equipmet Interest income Total Nonoperating Revenues 1 833 011 2 338 472 218 661 72 481 6 154 4 468 779 Loss Before Capital Grant Funding 1 271 447 Capital grants Federal government Commonwealth of Pennsylvania Monroe County Total Capital Grant Funding 156 888 356 162 15 449 528 499 Increase Decrease in Net Position 742 948 NET POSITION JUNE 30 2022 11 614 464 NET POSITION JUNE 30 2023 10 871 516 Published in accordance with Section 5612 of the Municipality Authorities Act The audited financial statements for the Authority are available for public inspection at the Authority offices located at 134 MCTA Drive Swiftwater PA during business hours PH 41004669