Independent Auditor's Report on Summary Financial Statement To the Board of Directors Westmoreland County Industrial Development Authority Greensburg, Pennsylvania 15601 The accompanying summary statement of cash receipts and disbursements of Westmoreland County Industrial Development Authority (Authority) for the year ended December 31, 2018 is derived from the audited cash-basis financial statement of the Authority for the year ended December 31, 2018 We expressed an unmodified audit opinion on the audited cash-basis financial statement in our report dated June 17, 2019. The summary financial statement does not contain all the disclosures required by the cash-basis of accounting. Reading the summary cash-basis financial statement, therefore, is not a substitute for reading the audited cash-basis financial statement of the Authority. Management's Responsibility for the Summary Financial Statement Management is responsible for the preparation of the summary financial statement on the cash basis of accounting. Auditor's Responsibility Our responsibility is to express an opinion about whether the summary cash-basis financial statement is consistent, in all material respects, with the audited cash-basis financial statement based on our procedures, which were conducted in accordance with auditing standards generally accepted in the United States of America. The procedures consisted principally of comparing the summary cash-basis financial statement with the related information in the audited cash-basis financial statement from which the summary cash- basis financial statement has been derived, and evaluating whether the summary financial statement is prepared in accordance with the cash basis of accounting. Opinion In our opinion, the summary cash-basis financial statement of the Authority for the year ended December 31, 2018 referred to above is consistent, in all material respects, with the audited cash-basis financial statement from which it has been derived, on the cash basis of accounting. Homer, Wible & Terek, PC June 17, 2019 WESTMORELAND COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY PUBLISHED IN COMPLIANCE WITH THE ECONOMIC DEVELOPMENT FINANCING LAW DERIVED FROM THE AUDITED FINANCIAL STATEMENTS SUMMARY STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS For the Year Ended December 31, 2018 Cash Receipts 7,750 Cash Disbursements 5,179 Increase in Cash 2,571 2,944 Cash Balance January 1, 2018 Cash Balance - December 31, 2018 5,515 adn-6700678 Independent Auditor's Report on Summary Financial Statement To the Board of Directors Westmoreland County Industrial Development Authority Greensburg, Pennsylvania 15601 The accompanying summary statement of cash receipts and disbursements of Westmoreland County Industrial Development Authority (Authority) for the year ended December 31, 2018 is derived from the audited cash-basis financial statement of the Authority for the year ended December 31, 2018 We expressed an unmodified audit opinion on the audited cash-basis financial statement in our report dated June 17, 2019. The summary financial statement does not contain all the disclosures required by the cash-basis of accounting. Reading the summary cash-basis financial statement, therefore, is not a substitute for reading the audited cash-basis financial statement of the Authority. Management's Responsibility for the Summary Financial Statement Management is responsible for the preparation of the summary financial statement on the cash basis of accounting. Auditor's Responsibility Our responsibility is to express an opinion about whether the summary cash-basis financial statement is consistent, in all material respects, with the audited cash-basis financial statement based on our procedures, which were conducted in accordance with auditing standards generally accepted in the United States of America. The procedures consisted principally of comparing the summary cash-basis financial statement with the related information in the audited cash-basis financial statement from which the summary cash- basis financial statement has been derived, and evaluating whether the summary financial statement is prepared in accordance with the cash basis of accounting. Opinion In our opinion, the summary cash-basis financial statement of the Authority for the year ended December 31, 2018 referred to above is consistent, in all material respects, with the audited cash-basis financial statement from which it has been derived, on the cash basis of accounting. Homer, Wible & Terek, PC June 17, 2019 WESTMORELAND COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY PUBLISHED IN COMPLIANCE WITH THE ECONOMIC DEVELOPMENT FINANCING LAW DERIVED FROM THE AUDITED FINANCIAL STATEMENTS SUMMARY STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS For the Year Ended December 31, 2018 Cash Receipts 7,750 Cash Disbursements 5,179 Increase in Cash 2,571 2,944 Cash Balance January 1, 2018 Cash Balance - December 31, 2018 5,515 adn-6700678