LAFAYETTE TOWNSHIP ANNUAL AUDIT

General State Fund Total Component Unit

Sewer Authority

Revenue

Taxes $316,432 $ – $316,432 $ –

Licenses and permits 3,528 – 3,528 –

Fines and forfeitures 1,443 – 1,443 –

Interest, rents & royalties 8,967 18,523 27,490 42,918

Federal sources 45,227 – 45,227 –

State sources 224,678 89,958 314,636 –

Local government units 28,935 – 28,935 –

Charges for service 83,474 – 83,474 837,923

Miscellaneous 135 – 135 651

Other financing sources

Refund of prior year expenses 943 – 943 379

Sale of fixed assets 40 – 40 –

Total revenue 713,802 108,481 822,283 881,871

Expenditures

General governmental support 145,403 – 145,403 –

Public safety 28,391 – 28,391 –

Health and human services – – – –

Public works – sanitation 33,834 – 33,834 940,775

Public works-

highways & streets 575,400 47,794 623,194 –

Public works – other 1,953 – 1,953 –

Culture and recreation 5,621 – 5,621 –

Community development 100 – 100 –

Miscellaneous –

employee benefits 141,032 – 141,032 –

Debt service – – – 24,202

Other financing uses

Refund of prior year revenue – – – –

Total expenditures 931,734 47,794 979,528 964,977

Excess (deficiency) of revenue received

over expenditures paid (217,932) 60,687 (157,245) (83,106)

Cash and investments balance,

beginning of year 433,212 394,340 827,552 1,569,027

Cash and investments balance,

end of year $215,280 $455,027 $670,307 $1,485,921

Total assessed value of real

estate as of 12/31/25: $40,091,280

Long-term debt

outstanding at 12/31/25: $152,880

Certified Public Accountants: Buffamante Whipple Buttafaro, PC

Treasurer: Kimberly Cole

Supervisors: John Ryan, John Knox, Michael Angello