Annual Comprehensive Financial Report (ACFR)

Annual Comprehensive Financial Report (ACFR)

The Finance Department is responsible for the collection, recording and investment of all revenues due to the Township, from all sources, and for the disbursement of Township funds in compliance with the annual budget as approved by the Board of Supervisors.

Finance Tracking

The Township utilizes a modified accrual basis of accounting and maintains financial records in strict conformance with generally accepted accounting principles. Financial records are audited annually by Maillie, Falconiero and Co., LLP, Certified Public Accountants, which issues audited financial statements that are available for public review. The Auditor General’s Office of the Commonwealth of Pennsylvania also conducts audits of specific Township records, relating to the Township’s use of State funds.

Other Responsibilities

The Department is also responsible for preparing the Township’s annual budget, the monthly Treasurer’s report, quarterly sewer billings, sewer connection permits and sewer certifications, maintenance of fixed asset inventory, payroll processing and pension plan administration.