TOWNSHIP OF NORTH HUNTINGDON WESTMORELAND COUNTY, PENNSYLVANIA COMBINED BALANCE SHEET-GOVERNMENTAL FUNDS DECEMBER 31, 2023 ASSETS Cash and Investments Other Current Assets Provision for Debt Service Total Assets $ 8,001,947 1,152,904 246,149 $ 9,401,000 LIABILITIES AND FUND BALANCE Total Liabilities $ 1,772,246 $ 7,628,754 $ 9,401,000 Total Fund Balance Total Liabilities and Fund Balance COMBINED STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - GOVERNMENTAL FUNDS FOR THE YEAR ENDED DECEMBER 31, 2022 Revenue and Other Financing Sources Taxes Licenses and Permits Fines and Forfeitures Interest and Rents Intergovernmental Charges for Services Miscellaneous Other Financing Sources Total Revenue and Other Financing Sources Expenditures and Other Financing Uses General Government Public Safety Public Works Culture and Recreation Community Development Debt Service Insurance and Employee Benefits Other Financing Uses Total Expenditures and Other Financing Uses Excess Revenue & Other Financing Sources Over (Under) Expenditures and Other Financing Uses FUND BALANCE - JANUARY 1, 2023 FUND BALANCE - DECEMBER 31, 2023 GENERAL OBLIGATION NOTES AND LEASES OUTSTANDING 12/31/2023 $ 13,309,503 753,757 71,246 358,362 2,346,526 776,051 56,889 418,765 $18,091,099 $ 1,523,636 7,884,261 4,893,490 972,818 36,257 68,093 2,389,747 61,155 $17,829,457 $ 261,642 7,367,112 $ 7,628,754 $ 246,149 The assessed valuation of the taxable property in the Township of North Huntingdon for the year ended December 31, 2023 was $408,187,160 ASSESSED VALUATION NOTICE OF AUDITOR'S REPORT OF TOWNSHIP OF NORTH HUNTINGDON The above concise financial statements were prepared to comply with the Township Code and consequently do not conform to generally accepted accounting principles. A complete copy of the 2023 Annual Audit and Financial Report is available for public review at the Township office. adno=356779 TOWNSHIP OF NORTH HUNTINGDON WESTMORELAND COUNTY , PENNSYLVANIA COMBINED BALANCE SHEET - GOVERNMENTAL FUNDS DECEMBER 31 , 2023 ASSETS Cash and Investments Other Current Assets Provision for Debt Service Total Assets $ 8,001,947 1,152,904 246,149 $ 9,401,000 LIABILITIES AND FUND BALANCE Total Liabilities $ 1,772,246 $ 7,628,754 $ 9,401,000 Total Fund Balance Total Liabilities and Fund Balance COMBINED STATEMENT OF REVENUES , EXPENDITURES AND CHANGES IN FUND BALANCE - GOVERNMENTAL FUNDS FOR THE YEAR ENDED DECEMBER 31 , 2022 Revenue and Other Financing Sources Taxes Licenses and Permits Fines and Forfeitures Interest and Rents Intergovernmental Charges for Services Miscellaneous Other Financing Sources Total Revenue and Other Financing Sources Expenditures and Other Financing Uses General Government Public Safety Public Works Culture and Recreation Community Development Debt Service Insurance and Employee Benefits Other Financing Uses Total Expenditures and Other Financing Uses Excess Revenue & Other Financing Sources Over ( Under ) Expenditures and Other Financing Uses FUND BALANCE - JANUARY 1 , 2023 FUND BALANCE - DECEMBER 31 , 2023 GENERAL OBLIGATION NOTES AND LEASES OUTSTANDING 12/31/2023 $ 13,309,503 753,757 71,246 358,362 2,346,526 776,051 56,889 418,765 $ 18,091,099 $ 1,523,636 7,884,261 4,893,490 972,818 36,257 68,093 2,389,747 61,155 $ 17,829,457 $ 261,642 7,367,112 $ 7,628,754 $ 246,149 The assessed valuation of the taxable property in the Township of North Huntingdon for the year ended December 31 , 2023 was $ 408,187,160 ASSESSED VALUATION NOTICE OF AUDITOR'S REPORT OF TOWNSHIP OF NORTH HUNTINGDON The above concise financial statements were prepared to comply with the Township Code and consequently do not conform to generally accepted accounting principles . A complete copy of the 2023 Annual Audit and Financial Report is available for public review at the Township office . adno = 356779