CANTON TOWNSHIP STATE OF NET POSITION - CASH BASIS DECEMBER 31, 2020 PRIMARY GOVERNMENT: GOVERNMENTAL ACTIVITIES BUSINESS-TYPE ACTIVITIES PENSION TRUST FUND TOTAL ASSETS Cash and cash equivalents Investment with PMRS Restricted cash - escrow accounts $5,566,376 $964,889 $6,531,265 $1,199,908 $67,557 $1,199,908 $67,557 TOTAL ASSETS $5,633,933 $964,889 $1,199,908 $7,798,730 LIABILITIES Liability for payroll withholdings Liability for escrow accounts $ 10,872 $67,557 $ 10,872 $67,557 TOTAL LIABILITIES $78,429 $78,429 NET POSITION Restricted for: Road projects Water projects Public works projects Pension benefits Unrestricted $454,780 $12,451 $952,438 $1,199,908 $5,100,724 $454,780 $12,451 $952,438 $1,199,908 $5.100.724 TOTAL NET POSITION $5,555,504 $5,633,933 $7,720,301 $7,798,730 $964.889 $1.199,908 $1,199,908 TOTAL LIABILITIES AND NET POSITION $964,889 CANTON TOWNSHIP STATE OF ACTIVITIES - CASH BASIS FOR THE YEAR ENDED DECEMBER 31, 2020 GOVERNMENTAL ACTIVITIES BUSINESS-TYPE TIVITIES PENSION TRUST FUND TOTAL EXPENSES General government Tax collection General government - building and plant Protection to persons and property Health and sanitation Highways Parks, recreation and library Community development Debt service - principal Debt service - interest Miscellaneous Benefit payments $334,220 $31,139 $44,162 $390,043 $15,228 $1,126,392 $50,271 $100,563 $6,816 $341.036 $31,139 $44,162 $390,043 $15,228 $1,126,392 $50,271 $100,563 $30,850 $24,136 $476,342 $22,001 $2,652,163 $30,850 $24,136 $3,061 $22,001 $473,281 TOTAL PROGRAM EXPENSES $2,565,299 $61,802 $25,062 GENERAL REVENUES Tax revenues Licenses and permits Fines and forfeits Interest income Net investment income Intergovernmental revenues Departmental earnings Contributions Employer Plan members Miscellaneous $1,513,594 $180,119 $24,574 $33,935 $1,513,594 $180,119 $24,574 $42,789 (S68,435) $827,791 $136,217 $8,834 (S68,435) $827,791 $5,243 $80,974 $46,464 $15,900 $46,464 $15,900 $60,831 $60,831 TOTAL GENERAL REVENUES $89,808 $28,006 $2,696,087 ($6,071) $2,779,824 $127,661 INCREASE (DECREASE) IN NET POSITION OTHER FINANCING SOURCES: ($31,133) $130,788 Interfund transfers INCREASE (DECREASE) IN NET ASSETS NET POSITION - beginning of the year NET POSITION - end of the year (S31,133) $1,231,041 $1,199,908 $130,788 $28,006 $5,424,716 $5,555,504 $936,883 $964,889 $127,661 $7,592,640 $7,720,301 LONG-TERM DEBT AT DECEMBER 31, 2020 Final Maturity 2040 The above concise, financial statements are prepared to comply only with the Commonwealth of Pennsylvania, Second Class Township Code and do not conform to generally accepted accounting principles. A complete copy of the 2020 Audit Report is available at the Township's offices Description 2016 General Obligation Nole Total $817,525 CANTON TOWNSHIP STATE OF NET POSITION - CASH BASIS DECEMBER 31, 2020 PRIMARY GOVERNMENT: GOVERNMENTAL ACTIVITIES BUSINESS-TYPE ACTIVITIES PENSION TRUST FUND TOTAL ASSETS Cash and cash equivalents Investment with PMRS Restricted cash - escrow accounts $5,566,376 $964,889 $6,531,265 $1,199,908 $67,557 $1,199,908 $67,557 TOTAL ASSETS $5,633,933 $964,889 $1,199,908 $7,798,730 LIABILITIES Liability for payroll withholdings Liability for escrow accounts $ 10,872 $67,557 $ 10,872 $67,557 TOTAL LIABILITIES $78,429 $78,429 NET POSITION Restricted for: Road projects Water projects Public works projects Pension benefits Unrestricted $454,780 $12,451 $952,438 $1,199,908 $5,100,724 $454,780 $12,451 $952,438 $1,199,908 $5.100.724 TOTAL NET POSITION $5,555,504 $5,633,933 $7,720,301 $7,798,730 $964.889 $1.199,908 $1,199,908 TOTAL LIABILITIES AND NET POSITION $964,889 CANTON TOWNSHIP STATE OF ACTIVITIES - CASH BASIS FOR THE YEAR ENDED DECEMBER 31, 2020 GOVERNMENTAL ACTIVITIES BUSINESS-TYPE TIVITIES PENSION TRUST FUND TOTAL EXPENSES General government Tax collection General government - building and plant Protection to persons and property Health and sanitation Highways Parks, recreation and library Community development Debt service - principal Debt service - interest Miscellaneous Benefit payments $334,220 $31,139 $44,162 $390,043 $15,228 $1,126,392 $50,271 $100,563 $6,816 $341.036 $31,139 $44,162 $390,043 $15,228 $1,126,392 $50,271 $100,563 $30,850 $24,136 $476,342 $22,001 $2,652,163 $30,850 $24,136 $3,061 $22,001 $473,281 TOTAL PROGRAM EXPENSES $2,565,299 $61,802 $25,062 GENERAL REVENUES Tax revenues Licenses and permits Fines and forfeits Interest income Net investment income Intergovernmental revenues Departmental earnings Contributions Employer Plan members Miscellaneous $1,513,594 $180,119 $24,574 $33,935 $1,513,594 $180,119 $24,574 $42,789 (S68,435) $827,791 $136,217 $8,834 (S68,435) $827,791 $5,243 $80,974 $46,464 $15,900 $46,464 $15,900 $60,831 $60,831 TOTAL GENERAL REVENUES $89,808 $28,006 $2,696,087 ($6,071) $2,779,824 $127,661 INCREASE (DECREASE) IN NET POSITION OTHER FINANCING SOURCES: ($31,133) $130,788 Interfund transfers INCREASE (DECREASE) IN NET ASSETS NET POSITION - beginning of the year NET POSITION - end of the year (S31,133) $1,231,041 $1,199,908 $130,788 $28,006 $5,424,716 $5,555,504 $936,883 $964,889 $127,661 $7,592,640 $7,720,301 LONG-TERM DEBT AT DECEMBER 31, 2020 Final Maturity 2040 The above concise, financial statements are prepared to comply only with the Commonwealth of Pennsylvania, Second Class Township Code and do not conform to generally accepted accounting principles. A complete copy of the 2020 Audit Report is available at the Township's offices Description 2016 General Obligation Nole Total $817,525