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PUBLIC NOTICE CONNEAUT LAKE ...

PUBLIC NOTICE CONNEAUT LAKE JOINT MUNICIPAL AUTHORITY JUNE 30, 2013 AND 2012 AUDIT SUMMARY 2013 2012 TOTAL CURRENT AND OTHER ASSETS $1,505,171 $1,132,216 NET CAPITAL ASSETS 2,354,136 2,575,227 TOTAL ASSETS $3,859,307 $3,707,443 LIABILITIES AND NET ASSETS TOTAL CURRENT LIABILITIES $137,133 $130,854 TOTAL LONG TERM LIABILITIES 255,667 279,753 Invested in capital assets, net of related debt 2,099,364 2,286,330 Unrestricted 1,367,143 1,010,506 TOTAL LIABILITIES AND NET ASSETS $3,859,307 $3,707,443 TOTAL OPERATING REVENUE $1,008,042 $1,049,999 TOTAL OPERATING EXPENSES (852,481) (884,416) TOTAL OTHER INCOME 14,110 13,243 INCREASE IN NET ASSETS $169,671 $178,826 The audit of Conneaut Lake Joint Municipal Authority is available upon request at the office. 03/11/14

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