Public Notice: 07/15/2024 [d079157318b22f3903c3b25854fbc596]

PUBLIC NOTICE STROUD TOWNSHIP SEWER AUTHORITY FINANCIAL REPORT AS OF DECEMBER 31 2023 ASSETSCash and Cash Equivalents Restricted Cash and Cash Equivalents Accounts Receivable Prepaid Expenses Fixed Assets 621 262 10 790 478 733 816 1 989 12 900 568 TOTAL ASSETS 25 048 113 105 460 58 956 5 161 4 414 990 LIABILITIESAccounts Payable Customer Deposits Accrued Interest Bonds Payable TOTAL LIABILITIES 4 584 567 NET POSITIONInvested in Capital Assets Net of Related Debt Restricted Unrestricted 8 485 578 10 790 478 1 187 490 TOTAL NET POSITION 20 463 546 TOTAL LIABILITIES AND NET POSITION 25 048 113 3 244 568 516 210 1 599 REVENUESewer User and Connection Charges Interest Income Other Income TOTAL REVENUE 3 762 377 EXPENSEOperating Depreciation and Amortization Interest Loss on Disposal of Assets 1 494 602 945 062 72 956 5 386 TOTAL EXPENSE 2 518 006 CHANGE IN NET POSITION 1 244 371 NET POSITION BEGINNING OF YEAR 19 219 175 NET POSITION END OF YEAR 20 463 546 The books and accounts have been audited by the Authority s appointed Auditors for the year ended December 31 2023 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 PH 39849005