LEGAL ADVERTISEMENT PORT OF PITTSBURGH COMMISSION (A COMPONENT UNIT OF THE COMMONWEALTH OF PENNSYLVANIA) STATEMENTS OF NET POSITION JUNE 30, 2024 AND 2023 Government Activities Assets Current assets: Temporary Investments - Operating Temporary Investments - Revolving loan funds, uncommitted Due to Commonwealth of Pennsylvania Other receivable Total current assets Noncurrent assets: Capital assets, net of accumulated depreciation Total noncurrent assets Total Assets Deferred Outflows of Resources Pension 2024 2023 $ (574,182) 956,000 2,162,456 1,881 $ 1,397,349 956,000 47,768 2,546,155 10,503 2,411,620 9,931 55,144 9,931 55,144 2,556,086 2,466,764 288,247 378,651 OPEB 463,000 103,000 Total Deferred Outflows of Resources 751,247 481,651 Liabilities Current liabilities: Account payable 87,952 20,826 Leases 44,148 Due to the Commonwealth of Pennsylvania 12,571 8,287 Total current liabilities 100,523 73,261 Noncurrent liabilities: Other postemployment benefits obligation 426,000 220,000 Net pension liability 1,253,007 1,291,030 Amount to be provided for compensated absences 160,514 145,613 Total noncurrent liabilities 1,839,521 1,656,643 Total Liabilities 1,940,044 1,729,904 Deferred Inflows of Resources Pension OPEB Net Position Net Investment in capital assets Restricted for economic development Total Net Position 55,443 17,477 270,000 158,000 Total Deferred Inflows of Resources 325,443 175,477 9,931 1,031,915 $ 1,041,846 $ 10,996 1,032,038 1,043,034 adno=360728 LEGAL ADVERTISEMENT PORT OF PITTSBURGH COMMISSION ( A COMPONENT UNIT OF THE COMMONWEALTH OF PENNSYLVANIA ) STATEMENTS OF NET POSITION JUNE 30 , 2024 AND 2023 Government Activities Assets Current assets : Temporary Investments - Operating Temporary Investments - Revolving loan funds , uncommitted Due to Commonwealth of Pennsylvania Other receivable Total current assets Noncurrent assets : Capital assets , net of accumulated depreciation Total noncurrent assets Total Assets Deferred Outflows of Resources Pension 2024 2023 $ ( 574,182 ) 956,000 2,162,456 1,881 $ 1,397,349 956,000 47,768 2,546,155 10,503 2,411,620 9,931 55,144 9,931 55,144 2,556,086 2,466,764 288,247 378,651 OPEB 463,000 103,000 Total Deferred Outflows of Resources 751,247 481,651 Liabilities Current liabilities : Account payable 87,952 20,826 Leases 44,148 Due to the Commonwealth of Pennsylvania 12,571 8,287 Total current liabilities 100,523 73,261 Noncurrent liabilities : Other postemployment benefits obligation 426,000 220,000 Net pension liability 1,253,007 1,291,030 Amount to be provided for compensated absences 160,514 145,613 Total noncurrent liabilities 1,839,521 1,656,643 Total Liabilities 1,940,044 1,729,904 Deferred Inflows of Resources Pension OPEB Net Position Net Investment in capital assets Restricted for economic development Total Net Position 55,443 17,477 270,000 158,000 Total Deferred Inflows of Resources 325,443 175,477 9,931 1,031,915 $ 1,041,846 $ 10,996 1,032,038 1,043,034 adno = 360728