Lancaster Area Sewer Authority Audited Financial Statements
The financial discussion included an overview of the Authority's financial activities for the fiscal years ending March 31, 2018 and 2017. Key topics encompassed the Authority's net position, revenue from sewer treatment and capacity charges, operating and nonoperating expenses, and capital assets. The discussion also covered budgetary highlights, capital assets and debt administration, a review of operations, and the business outlook, including revenue and operating expense projections, the Five Year Capital Improvements Plan, and fund allocations for various projects.