PUBLIC NOTICE INDEPENDENT AUDITOR'S PUBLICATION OF THE BOROUGH OF COCHRANTON CONCISE FINANCIAL STATEMENTS Assessed valuation of taxable real estate as of December 31, 2012 $13,833,429 Millage 13.25 mills STATEMENT OF SUPPORT AND REVENUE, EXPENDITURES AND CHANGE IN FUND BALANCE - CASH BASIS YEAR ENDED DECEMBER 31, 2012 Net Support Interfund Increase and Revenue Expenditures Transfers (Decrease) GOVERNMENTAL FUND General Fund (includes taxes of $309,127) $ 471,260 $ 432,042 $ - $ 39,218 SPECIAL REVENUE FUND Liquid Fuels Fund 26,479 26,304 - 175 PROPRIETARY FUNDS Enterprise (Water) 260,013 246,802 (26,970) (13,759) Enterprise (Sewer) 468,039 489,398 26,970 5,611 31,245 BEGINNING FUND BALANCE, January 1, 2012 764,069 ENDING FUND BALANCE, December 31, 2012 $ 795,314 Statement Of Assets, Liabilities And Fund Balance - Cash Basis As Of December 31, 2012 ASSETS Cash $ 797,925 LIABILITIES Current liabilities 2,611 FUND BALANCE $ 795,314 These concise financial statements are presented to comply with the provisions of Section 1196 (e)(2) of the Borough Code. The complete financial statements, together with the audit opinion of the independent certified public accountants, have been filed with the Clerk of Courts of Crawford County and are on file at the Borough's office. 04/12/13
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