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LEGAL ADVERTISEMENT UNIVERSITY AREA JOINT AUTHORITY SUMMARY FINANCIAL INFORMATION DERIVED FROM THE 2025 ANNUAL REPORT OF MUNICIPAL AUTHORITIES AND NON-PROFITS (DCED-CLGS-04) Published in accordance with Section 8 of the Pennsylvania Municipality Authorities Act of 1945, as amended. SUMMARY STATEMENT OF NET POSITION SUMMARY STATEMENT OF REVENUES, DECEMBER 31, 2025 EXPENSES, AND CHANGES IN NET POSITION YEAR ENDED DECEMBER 31, 2025 Current Assets $ 14,018,28 Operating Revenues $ 19,391,850 Non-Current Assets 189,024,273 Operating Expenses 15,843,849 Total Asset 203,042,555 Operating Income (Loss) 3,548,001 Deferred Outflows of Resources 1,058,618 Nonoperating Revenues (Expenses) (3,868,663) Total Assets and Deferred Outflows of Resources $ 204,101,173 Capital Contributions 1.405.761 Current Liabilities $ 12,652,672 Change in Net Position 1,085,099 Non-Current Liabilities 143,789,675 Net Position: Beginning of year 6,573,727 Total Liabilities and Deferred Inflows of Resources 156,442,347 End of year $ 47,658,826 Net Position: Net investment in capital assets 25,060,136 Restricted 10.540.46 Uprestricted 12,058,221 Total Net Position 47,658,826 Total Liabilities and Deferred Inflows of Resources and Net Position $ 204,101,173 Complete coples of the annual audited financial statements of the Authority are available for examination at the Authority Office.
Post Date: 06/03 12:00 AM
Refcode: #IPL0345569 
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