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The original item was published from 6/19/2019 4:54:00 PM to 6/19/2019 4:54:32 PM.

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Posted on: June 19, 2019

[ARCHIVED] Supervisors Complete Annual Financial Review

The Board of Supervisors held a joint meeting with the Board of Auditors to review a draft of the Township’s 2018 Comprehensive Annual Financial Report, or CAFR, earlier this week.

“I am pleased to report that the Comprehensive Annual Financial Report was once again free of findings and shows that the Township is in a strong financial position” said Supervisor Chairman Fred Conner. “The Township’s continued Aaa bond rating, a designation which only 12 other municipalities in the Commonwealth have received, offers yet another positive check on our financial health.”

The CAFR is available for review and can be found on the Township’s website. Additionally, a brief summary from the annual audit presentation can be found here.

Later this month the Township will issue its first ever Popular Annual Financial Report or PAFR. This report offers a glimpse into our financial report and is laid out in a more reader friendly manner than the full comprehensive report.

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