The Herald, Sharon, PA Published Friday, Feb. 1, 2002

JACKSON TOWNSHIP

Auditors release annual report of financial condition

Jackson Township has released its audit report for 2001.

Assessed valuation for 2001 was $4,976,900, according to Shirley Oakes, secretary of auditors.

General fund numbers are as follows:

  • Bank balance: beginning of year, $9,011; general high fidelity account, $140,224; total, $149,235

  • Revenues received: tax collection, $146,877; general revenues, $87,414; total, $234,291

  • Expenditures: general government, $251,867; deficit, $17,576 for the year.

  • Bank balance: Dec. 31, $12,609; high fidelity account, $103,909; total, $116,518.

    Special revenues numbers are as follows:

  • Bank balance: beginning of year; state fund $32; fire and rescue, $1

  • Revenues received, $65,282; deficit, $31

  • Bank balance Dec. 31, $272



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