Annual Audit and Financial Report YE December 31, 2017

TOWNSHIP OF DELAWARE
PIKE COUNTY, PENNSYLVANIA
ANNUAL AUDIT AND FINANCIAL REPORT NEWSPAPER REPORT
YEAR ENDED DECEMBER 31, 2017

ASSETS
Cash & investments                      $ 2,996,025
Other debits                                                 90
TOTAL ASSETS                             $ 2,996,11


LIABILITIES AND FUND EQUITY
LIABILITIES                                      $ 44,048
FUND EQUITY                                2,952,067
TOTAL LIABILITIES AND FUND EQUITY $ 2,996,115


REVENUES
Taxes                                              $ 1,391,586
Licenses & permits                                 42,045
Fines & forfeits                                         5,959
Interest & rents                                       12,535
Intergovernmental                                 297,670
Charges for services                             107,041
Other                                                     198,634
Total Revenues                                  2,055,470


EXPENDITURES
General government                                429,652
Public safety                                            302,059
Health & Sanitation                                   19,147
Highways, roads, streets                         430,955
Culture & recreation                                 172,462
Community development                            4,000
Debt service                                             87,407
Other                                                      434,095
Total Expenditures                                  1,879,777


Revenues and Other Financing Sources
Over Expenditures and
Other Financing Uses                                $ 175,693


Above is a concise financial statement of the Township of Delaware for the year ended December 31, 2017
The audit of the accounts is performed by Certified Public Accountants. The full report, including
various schedules and notes, will be available at the Township's offices upon completion of audit.