View original fileLEGAL 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.