2017 MUNICIPAL ANNUAL AUDIT AND FINANCIAL REPORT

Transcription

1 Received by DCED: Approved by DCED: Department of Community & Economic Development Governor's Center for Local Government s Commonwealth Keystone Building 400 North Street, 4th Floor Harrisburg, PA Ph: fax: MUNICIPAL ANNUAL AUDIT AND FINANCIAL REPORT LIGONIER TWP, WESTMORELAND COUNTY

2 BALANCE SHEET DCED-CLGS-30 (09-09) BALANCE SHEET Governmental Funds Proprietary Funds Fid. Fund Account Groups Total General Fund General Fixed Assets General Long Term Debt Assets and Other Debits Cash and Investments 1,107,898 51,470 39,620 1,908,799 3,107, Tax Receivable , Accounts Receivable (excluding taxes) Due From Other Funds , Other Current Assets Fixed Assets Other Debits Total Assets and Other Debits 1,107,898 51,470 39,620 1,908,799 3,107, , Liabilities and Other Credits Payroll Taxes and Other Payroll Withholdings All Other Current Liabilities 12,544 12, Due To Other Funds

3 DCED-CLGS-30 (09-09) BALANCE SHEET Governmental Funds Proprietary Funds Fid. Fund Account Groups Total General Fund General Fixed Assets General Long Term Debt Liabilities and Other Credits Long-Term-Liabilities Current Portion of Long-Term Debt and Other Credits Total Liabilities and Other Credits 12,544 12,544 Fund and Account Group Equity Contributed Investment in General Fixed Assets Fund Balance / Retained Earnings on 12/31 1,107,898 51,470 39,620 1,896,255 3,095, Other Equity Total Fund and Account Group Equity 1,107,898 51,470 39,620 1,896,255 3,095,243 TOTAL LIABILITIES AND FUND AND ACCOUNT GROUP EQUITY 3,107,787

4 REVENUES Taxes Real Estate Taxes 404, , Occupation Taxes (levied under municipal code) Residence Taxes (levied by cities of the 3rd Class) Regional Asset District Sales Tax (Allegheny County municipalities only) Per Capita Taxes 13,506 13, Real Estate Transfer Taxes 107, , Earned Income Taxes / Wage Taxes 831, , Business Gross Receipts Taxes Occupation Taxes (levied under Act 511) Local s Tax ** 89,595 89, Amusement / Admission Taxes 100, , Mechanical Device Taxes Other: Other: Total Taxes 1,546,816 1,546,816 Licenses and Permits All Other Licenses and Permits 1,250 1, Cable Television Franchise Fees 106, ,779 Total Licenses and Permits 108, ,029 Fines and Forfeits Fines and Forfeits 27,155 27,155 Total Fines and Forfeits 27,155 27,155

5 REVENUES Interest, Rents and Royalties Interest Earnings 3,492 1,721 5, Rents and Royalties 6,679 6,679 Total Interest, Rents and Royalties 10,171 1,721 11,892 Federal Highways and Streets Community Development All Other Federal and Operating Grants National Forest All Other Federal Shared and Entitlements 17,296 17, Federal Payments in Lieu of Taxes Total Federal 17,296 17,296 State Highways and Streets 15,654 15, Community Development Recycling / Act All Other State and Operating Grants Public Utility Realty Tax (PURTA) 1,729 1, Motor Vehicle Fuel Tax (Liquid Fuels Tax) and State Road Turnback 391, , Alcoholic Beverage Licenses 3,600 3, General Municipal Pension System State Aid 71,660 71, Foreign Fire Insurance Tax Distribution 47,584 47, Local Share Assessment/Gaming Proceeds Marcellus Shale Impact Fee Distribution 15,155 15,155

6 REVENUES State All Other State Shared s and Entitlements 17,629 17, State Payments in Lieu of Taxes 6,571 6,571 Total State 164, ,361 15, ,943 Local Government Units Highways and Streets All Other Local Governmental Units and Operating Grants Local Government Unit Shared Payments for Contracted Intergovernmental s Local Governmental Units and Authorities Payments in Lieu of Taxes 2,448 2,448 Total Local Government Units 2,497 2,497 Charges for General Government 48,270 48, Public Safety 39,018 39, Parking All Other Charges for Highway & Street s 12,811 12, Wastewater / Sewage (including connection / tapping fees, sewer usage charges, reserve capacity fee, etc.) Solid Waste Collection and Disposal Charge (trash) 6,670 6, Host Municipality Benefit Fee for Solid Waste Facility All Other Charges for Sanitation s Health Human s Culture and Recreation 6,261 6, Airports

7 REVENUES Charges for Bars Cemeteries Electric System Gas System Housing System Markets Transit Systems Water System All Other Charges for Total Charges for 113, ,030 Unclassified Operating s Assessments Escheats (sale of personal property) Contributions and Donations from Private Sectors 88,547 15, , Fiduciary Fund Pension Contributions 57,150 57, All Other Unclassified Operating s 1, , ,091 Total Unclassified Operating s 90,392 15, , ,224 Other Financing Sources Proceeds of General Fixed Asset Disposition 62,986 2,750 65, Interfund Operating Transfers 5,357 5, Proceeds of General Long-Term Debt Proceeds of Short Term-Debt

8 REVENUES Other Financing Sources Refunds of Prior Year Expenditures Total Other Financing Sources 68,586 2,750 71,336 TOTAL REVENUES 2,148, ,518 17, ,396 2,823,218 EXPENDITURES General Government Legislative (Governing) Body 18,111 18, Executive (Manager or Mayor) 75,194 75, Auditing s / Financial Administration 72, , Tax Collection 22,417 22, Solicitor / Legal s 80,152 80, Secretary / Clerk 17,875 17, Other General Government Administration IT-Networking s-data Processing 12,415 12, Engineering s 23,567 53,382 76, General Government Buildings and Plant 78,228 68, ,379 Total General Government 399, , ,728 Public Safety Police 588,518 17,529 44, , Fire 118, , Ambulance / Rescue UCC and Code Enforcement 44,792 44,792

9 EXPENDITURES Public Safety Planning and Zoning 68,547 68, Emergency Management and Communications Militia and Armories Examination of Licensed Occupations Public Scales (weights and measures) Other Public Safety Total Public Safety 820,380 17,529 44, , Health and Human s Health and Human s Total Health and Human s Public Works - Sanitation Recycling Collection and Disposal 1,430 1, Solid Waste Collection and Disposal (garbage) Weed Control Wastewater / Sewage Treatment and Collection 11,734 11,734 Total Public Works - Sanitation 13,164 13,164 Public Works - Highways and Streets General s - Administration 516, , Cleaning of Streets and Gutters Winter Maintenance Snow Removal 31,915 31, Traffic Control Devices 1,273 1, Street Lighting 9,266 9,266

10 EXPENDITURES Public Works - Highways and Streets Sidewalks and Crosswalks Storm Sewers and Drains Repairs of Tools and Machinery 34,372 34, Maintenance and Repairs of Roads and Bridges 55, , , Highway Construction and Rebuilding Total Public Works - Highways and Streets 616, , ,168 Other Public Works s Airports Cemeteries Electric System Gas System Markets Parking Storm Water and Flood Control Transit System Water System Water Transport and Terminals Total Other Public Works s Culture and Recreation Culture-Recreation Administration Participant Recreation 6,863 6, Spectator Recreation Parks

11 EXPENDITURES Culture and Recreation Shade Trees Libraries 1,500 1, Civil and Military Celebrations Senior Citizens Centers All Other Culture and Recreation Total Culture and Recreation 8,363 8,363 Community Development Conservation of Natural Resources Community Development and Housing Economic Development Economic Opportunity All Other Community Development Total Community Development Debt Principal (short-term and long-term) Debt Interest (short-term and long-term) Fiscal Agent Fees Total Employer Paid Benefits and Withholding Items Employer Paid Withholding Taxes and Unemployment Compensation 71,524 71, Judgments and Losses Pension / Retirement Fund Contributions 56,400 56,400

12 EXPENDITURES Employer Paid Benefits and Withholding Items Worker Compensation Insurance 48,704 48, Other Group Insurance Benefits Total Employer Paid Benefits and Withholding Items 176, ,628 Insurance Insurance, Casualty, and Surety 45,917 45,917 Total Insurance 45,917 45,917 Unclassified Operating Expenditures Fiduciary Fund Benefits and Refunds Paid 54,989 54, All Other Unclassified Expenditures 2,374 2,374 Total Unclassified Operating Expenditures 2,374 54,989 57,363 Other Financing Uses Refund of Prior Year s Interfund Operating Transfers 5,357 5, All Other Financing Uses Total Other Financing Uses 5,357 5,357 TOTAL EXPENDITURES 2,083, ,177 50,219 54,989 2,662,309 EXCESS/DEFICIT OF REVENUES OVER EXPENDITURES 64,475-64,659-32, , ,909

13 DCED-CLGS-30 (9-06) LIGONIER TWP DEBT STATEMENT OUTSTANDING BONDS AND NOTES Listed below are all currently outstanding bond and note issues according to our files, excluding bond issues redeemed or refunded and defeased. Please show the principal payments and make any other necessary corrections and additions. Purpose General Obligation Bonds and Notes Bond (B) Lease (C) Lease Rental (L) Note (N) Issue Year (yyyy) Maturity Year (yyyy) Original Amount of Issue Outstanding Beginning of Year (1) Principal Incurred This Year Principal Paid This Year Current Year Accretion on Compound Interest Bonds Outstanding at Year End (1) Plus (less) Unamortized Premium (Discount) Total Balance Bonds and Notes Lease Rental Debt Other (1) - excludes unamortized premium/discount Total bonds and notes outstanding 0 ized lease obligations 0 Net debt 0

14 STATEMENT OF CAPITAL EXPENDITURES Category Purchases Construction Total Community Development Electric Fire Gas System General Government 91,991 23, ,558 Health Housing Libraries Mass Transit Parks Police 35,102 35,102 Recreation Sewer Solid Waste Streets / Highways 68, , ,612 Water Other: TOTAL CAPITAL EXPENDITURES 195, , ,272 EMPLOYEE COMPENSATION Total salaries, wages, commissions, etc. paid this year (including all employees and elected officials) 934,627

15 ELECTED CONTROLLER'S/AUDITOR'S CERTIFIED OPINION To the: Governing Body of the Municipality President Judge of the Court of Common Pleas Secretary of the Department of Community & Economic Development I/We, the undersigned, the duly elected (or appointed replacement), qualified, and Acting Controller/Auditors of the LIGONIER TWP have audited, adjusted and settled the various funds and account groups of the LIGONIER TWP for the year ended. My/Our audit, adjustment and settlement was made in accordance with law rather than with generally accepted auditing standards (PLEASE CROSS OUT ONLY IF ON MODIFIED ACCRUAL/ACCRUAL BASIS) This municipality s policy is to prepare its financial statements on the basis of cash receipts and disbursements; consequently, certain revenues and the related assets are recognized when received rather than when earned, and certain expenditures or expenses are recognized when paid rather than when a liability is incurred. Accordingly, the accompanying financial statements are not intended to present the financial position and results of operations of this municipality in conformity with generally accepted accounting principles. These financial statements do not include all of the disclosures required by generally accepted accounting principles. In my/our opinion, the aforementioned financial statements present the financial position of the various funds and account groups of the municipality of LIGONIER TWP for the year ended, and the results of operations of such funds in accordance with the law. SIGNATURE AND VERIFICATION Signed: Subscribed and sworn to before me this 1 day of January, 1. Signed: Witness (Controller)/Auditor (Auditors)

16 NOTES / COMMENTS