PRINTER'S NO. 484
THE GENERAL ASSEMBLY OF PENNSYLVANIA
SENATE BILL
No.
526
Session of
2015
INTRODUCED BY GORDNER, SCAVELLO, SCARNATI, WARD, ALLOWAY, BAKER,
RAFFERTY AND YUDICHAK, FEBRUARY 20, 2015
REFERRED TO LOCAL GOVERNMENT, FEBRUARY 20, 2015
AN ACT
Amending the act of May 1, 1933 (P.L.103, No.69), entitled, as
reenacted and amended, "An act concerning townships of the
second class; and amending, revising, consolidating and
changing the law relating thereto," in auditors and
accountants, further providing for completion, filing and
publication of annual township report and financial
statement.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Section 904(a) and (e) of the act of May 1, 1933
(P.L.103, No.69), known as The Second Class Township Code,
reenacted and amended November 9, 1995 (P.L.350, No.60), are
amended to read:
Section 904. Completion, Filing and Publication of Annual
Township Report and Financial Statement.--(a) The board of
auditors shall complete their audit, settlement and adjustment
before the first day of [March] April of each year.
* * *
(e) On or before the [tenth day of March] fifteenth day of
April of each year, the board of auditors shall publish once in
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one newspaper of general circulation in the township or, in lieu
of publication in a newspaper of general circulation,
electronically publish on the township's Internet website a
concise financial statement setting forth the balance in the
treasury at the beginning of the fiscal year, all revenues
received during the fiscal year by major classifications, all
expenses paid during the fiscal year by major functions and the
current resources and liabilities of the township at the end of
the fiscal year, the gross liability and net debt of the
township, the amount of the assessed valuation of the township,
the assets of the township with the character and value thereof,
the date of the last maturity of the respective forms of funded
debt and the assets in the sinking fund.
* * *
Section 2. This act shall take effect in 60 days.
20150SB0526PN0484 - 2 -
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