MILLCREEK TOWNSHIP SEWER AUTHORITY
2015 ANNUAL STATISTICAL REPORT
The sewer system valuation as of December 31, 2015 is $76,372,090 of which $1,241,299 is the value of the original system, $50,391,748 is the value added by Authority projects, and $24,142,262 is the appraised value added by Developers. In 2015 the additions to the sewer system were $1,010,375 by Authority projects and $44,575 by Sewer Revenue Projects.
The Millcreek Township Supervisors also pay the Authority an annual amount equal to 1% of the valuation of the sewer system under a Sewer System Management Agreement. The monies are used for costs related to repairs and improvements to the sewer system. The amount paid in 2015 was $747,649. The amount to be paid to the Authority in 2016 is $757,753.
This Statistical Report covers annual operating experience of the Authority’s sewer system and combines information of the Township (for operation) and the Authority (for financing and construction). The Sewer Authority office staff consists of 6 full time personnel. The Township sewer crew of 15 men and equipment operate the sewer system including 374 miles of sewers and 43 lift stations.
MILLCREEK TOWNSHIP SEWER AUTHORITY
|
BUDGET COMPARISON
|
|
|
|
|
|
|
|
|
REVENUES
|
|
|
|
|
2015
|
2016
|
2017
|
Management Fee
|
|
|
$747,649
|
Investment Income
|
|
|
58,011
|
Deferred Refunding
|
|
|
0
|
Tapping Fees
|
|
|
39,036
|
Other Township Reimbursements
|
|
|
228,924
|
Grant Rvenue |
50,000
|
0
|
50,000
|
Developer Fees & Reimbursements
|
|
|
13,934
|
Other Income
|
|
|
5,995
|
|
|
|
|
|
|
$2,360,894
|
$1,143,549
|
|
|
|
|
|
|
|
|
EXPENSES
|
|
|
|
|
2015
|
2016
|
2017
|
Personnel Expenses
|
|
|
$789,871
|
Administrative
|
|
|
97,083
|
Bond Issue Costs |
0 |
74,690 |
0 |
Professional Fees
|
|
|
20,507
|
Engineering
|
|
|
1,034
|
System Improvements
|
|
|
1,176,298
|
Maintenance & Repairs
|
|
|
53,533
|
Depreciation
|
|
|
63,512
|
Other Operating Costs
|
|
|
3,855
|
|
|
|
|
|
|
|
$2,234,136
|
|
|
|
|
|
|
|
|
Income / (Loss)
|
|
|
($1,062,144)
|
Download full Report with Charts (pdf)
|