Annual financial report for the Borough of Meyersdale for 2025.
Official Courthouse Record · AI-summarized for clarity
- Published
- Category
- Other
- City
- Meyersdale
What You Should Do Next
- 1
Review the financial report
Visit the Borough of Meyersdale Municipal Building to access the report.
- 2
Contact local officials
Reach out to borough officials for any questions regarding the financial report.
- 3
Attend borough meetings
Participate in upcoming borough meetings to discuss financial matters and community development.
Frequently Asked Questions
- What is the purpose of the annual financial report?
- The report provides a summary of the borough's financial status for the year.
- Where can I find the financial report?
- A copy of the report is available at the Borough of Meyersdale Municipal Building.
- What are the total revenues for Meyersdale in 2025?
- Total revenues received for 2025 were $1,017,111.
- What were the total expenditures for the year?
- Total expenditures paid for 2025 were $1,151,493.
The above suggestions and answers are AI-generated for informational purposes only. They may contain errors. NoticeRegistry assumes no responsibility for their accuracy. Consult a qualified professional before taking action.
Full Notice Text
BOROUGH OF MEYERSDALE SOMERSET COUNTY, PA STATEMENT OF ASSETS, LIABILITIES AND FUND BALANCE DECEMBER 31, 2025 ASSETS Cash and investments $ 667,859 Tax receivable 6,710 Accounts receivable 103,476 Other current assets 44,728 TOTAL ASSETS $ 822,773 LIABILITIES Payroll taxes and Other Payroll Withholdings $ 7,305 Other current liabilties 15,281 TOTAL LIABILTIES 22,586 FUND BALANCE 800,187 TOTAL LIABILITIES & FUND BALANCE $ 822,773 STATEMENT OF REVENUES AND EXPENDITURES FOR THE YEAR ENDED DECEMBER 31, 2025 REVENUES RECEIVED AND OTHER FINANCING SOURCES Taxes (all sources) $ 615,396 Licenses and permits 28,046 Fines and forfeits 5,797 Interest, rents and royalties 19,320 Intergovernmental revenues 106,055 Charges for service 205,920 Miscellaneous revenues 23,577 Other financing sources 13,000 TOTAL REVENUES RECEIVED 1,017,111 AND OTHER FINANCING SOURCES EXPENDITURES PAID AND OTHER FINANCING USES General government 530,857 Public safety 100,724 Public works – sanitation 223,778 Public works – highway, roads and streets 198,479 Public works – other 6,421 Culture – recreation 30,264 Community Development 3,221 Debt service 25,397 Employee paid benefits 18,972 Miscellaneous expenditures 380 Other financing uses 13,000 TOTAL EXPENDITURES PAID 1,151,493 AND OTHER FINANCING USES NET REVENUES OVER/ (134,382) (UNDER) EXPENDITURES BEGINNING FUND BALANCES 934,569 ENDING FUND BALANCES $ 800,187 The above information is contained in the Annual Audit and Financial Report for the year ended December 31, 2025, as reported to the Commonwealth of Pennsylvania Department of Community and Economic Development. A copy of this report is on file at the Borough of Meyersdale Municipal Building. The above report excludes Pension funds.