Public Notice: 06/18/2025 [6d1eb313ef0e1edcccf4a254c4323212]

PUBLIC NOTICE STROUD TOWNSHIP SEWER AUTHORITY FINANCIAL REPORT AS OF DECEMBER 31 2024 ASSETSCash and Cash Equivalents 483 573 Restricted Cash and Cash Equivalents 10 981 646 Accounts Receivable 784 072 Prepaid Expenses 1 959 Fixed Assets 12 751 001 TOTAL ASSETS 25 002 251 LIABILITIESAccounts Payable 31 235 Customer Deposits 63 189 Accrued Interest 3 158 Bonds Payable 2 701 280 TOTAL LIABILITIES 2 798 862 NET POSITIONInvested in Capital Assets Net of Related Debt 10 049 721 Restricted 10 981 646 Unrestricted 1 172 022 TOTAL NET POSITION 22 203 389 TOTAL LIABILITIES AND NET POSITION 25 002 251 REVENUESewer User and Connection Charges 3 410 217 Interest Income 591 180 Other Income 25 440 TOTAL REVENUE 4 026 837 EXPENSEOperating 1 727 683 Depreciation and Amortization 503 655 Interest 55 656 TOTAL EXPENSE 2 286 994 CHANGE IN NET POSITION 1 739 843 NET POSITION BEGINNING OF YEAR 20 463 546 NET POSITION END OF YEAR 22 203 389 The books and accounts have been audited by the Authority s appointed Auditors for the year ended December 31 2024 The above statements have been compiled from the audit reports for the year A detailed report is available for inspection at the Stroud Township Sewer Authority office during normal business hours