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	$757,569	$747,649
Investment Income	58,011	45,145	58,011
Deferred Refunding	0	146,574	0
Tapping Fees	39,036	6,004	39,036
Other Township Reimbursements	228,924	1,382,173	228,924
Grant Rvenue	50,000	0	50,000
Developer Fees & Reimbursements	13,934	8,534	13,934
Other Income	5,995	14,895	5,995
	$1,143,549	$2,360,894	$1,143,549
EXPENSES
	2015	2016	2017
Personnel Expenses	$789,871	$478,287	$789,871
Administrative	97,083	78,699	97,083
Bond Issue Costs	0	74,690	0
Professional Fees	20,507	42,354	20,507
Engineering	1,034	2,506	1,034
System Improvements	1,176,298	1,521,684	1,176,298
Maintenance & Repairs	53,533	20,757	53,533
Depreciation	63,512	69,344	63,512
Other Operating Costs	3,855	4,656	3,855
	$2,205,693	$2,292,977	$2,234,136
Income / (Loss)	($1,062,144)	$67,917	($1,062,144)