College Township Water Authority Statement of Summary Financial Information Year Ended December 31, 2024 The following Statement of Summary Financial Information as of and for the year ended December 31, 2024 sets forth the information required by Section 5612 of the PA Municipality Authorities Act. The complete 2024 College Township Water Authority Audit is available to view online at www.collegetownship.org or you can review a print copy at the Township Office at 1481 E College Avenue, State College, PA 16801 during regular business hours Mon – Fri, 8 AM to 5 PM. Current Assets $760,092 Capital Assets $12,956,247 Total Assets $13,716,339 Current Liabilities $864,657 Long-Term Debt, net $5,349,167 Total Liabilities $6,213,824 Net Position $7,502,515 Operating Revenues $1,888,388 Operating Expense $1,745,707 Operating Income $142,681 Non-Operating Revenue And Expense, net ($125,020) Net Income $17,661 Net Position, Beginning of Year $7,484,854 Net Position, End of Year $7,502,515 IPL0265410 Aug 20 2025