NEW SEWICKLEY TOWNSHIP BEAVER COUNTY, PENNSYLVANIA COMBINED BALANCE SHEET - ALL FUND TYPES DECEMBER 31, 2024

NEW SEWICKLEY TOWNSHIP BEAVER COUNTY, PENNSYLVANIA COMBINED BALANCE SHEET - ALL FUND TYPES DECEMBER 31, 2024 ASSETS Cash and Investments $ 2,463,740 Cash and Investments Restricted for Pension 5,129,124 Other Current Assets 17,732 Provisions for Debt Service 306,921 Total Assets $ 7,917,517 LIABILITIES AND FUND EQUITY Liabilities: Current Liabilities $ 280,299 Long-Term Liabilities 219,963 Total Liabilities $ 500,262 Fund Equity: Fund Balance $ 2,288,131 Net Position Restricted for Pension 5,129,124 Total Fund Balace $ 7,417,255 Total Liabilities and Fund Equity $ 7,917,517 COMBINED STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - ALL FUND TYPES FOR THE YEAR ENDED DECEMBER 31, 2024 Revenue and Other Financing Sources Taxes $ 2,898,140 Licenses and Permits 155,935 Fines and Forfeitures 35,689 Interest and Rents 766,332 Intergovernmental 1,122,318 Charges for Services 471,920 Miscellaneous 603,095 Other Financing Sources 797,087 Total Revenue and Other Financing Sources $ 6,850,516 Expenditures and Other Financing Uses General Government $ 568,557 Public Safety 2,830,209 Public Works 1,548,369 Culture and Recreation 93,196 Community Development 127,184 Debt Service 93,595 Employee Paid Benefits 100,706 Insurance 105,539 Pension Expenses 181,762 Miscellaneous and Other Financing Uses 758,836 Total Expenditures and Other Financing Uses $ 6,407,953 Excess Revenue & Other Financing Sources Over (Under) Expenditures and Other Financing Uses $ 442,563 FUND BALANCE - JANUARY 1, 2024 6,974,692 FUND BALANCE - DECEMBER 31, 2024 $ 7,417,255 GENERAL OBLIGATION NOTES AND LEASES OUTSTANDING 12/31/2024 $ 306,921 ASSESSED VALUATION The assessed valuation of the taxable property in New Sewickley Township for the year ended December 31, 2024 was $886,093,380. NOTICE OF AUDITOR'S REPORT OF NEW SEWICKLEY TOWNSHIP 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 2024 Annual Audit and Financial Report is available for public review at the Township office. Turnley Robertson & Associates LLC New Brighton, Pa. 15066 KW 10/7/2025 October 14 2025 LSOM0385922