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PRINTER'S NO. 970
THE GENERAL ASSEMBLY OF PENNSYLVANIA
SENATE BILL
No.
772
Session of
2017
INTRODUCED BY McGARRIGLE, EICHELBERGER, HUTCHINSON, BLAKE AND
SCHWANK, JUNE 16, 2017
REFERRED TO LOCAL GOVERNMENT, JUNE 16, 2017
AN ACT
Amending the act of June 24, 1931 (P.L.1206, No.331), entitled
"An act concerning townships of the first class; amending,
revising, consolidating, and changing the law relating
thereto," in auditors, further providing for surcharges,
auditors' report and publication of financial statements.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Section 1003 of the act of June 24, 1931
(P.L.1206, No.331), known as The First Class Township Code, is
amended to read:
Section 1003. Surcharges; Auditors' Report; Publication of
Financial Statements.--The auditors shall complete their audit,
settlement, and adjustment within as short a time as possible,
and shall file copies thereof with the secretary of the
township, the clerk of the court or the prothonotary, as may be
provided by local rules of court, the Department of Community
Affairs and the Department of Highways not later than ninety
days after the close of the fiscal year. Any officer or person
whose act or neglect has contributed to the financial loss of
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the township shall be surcharged by the auditors with the amount
of such loss. They shall, within ten days after the completion
of their report, publish, by advertisement in at least one
newspaper of general circulation published in the township, or
if no newspaper is published therein, then in one newspaper
circulating generally in the township [a], concise financial
[statement setting forth the balance in the treasury at the
beginning of the preceding fiscal year; all revenues received
during the fiscal year by major classifications; all
expenditures made 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.] information prepared
or approved by the auditors and consistent with the audited
financial statements for total assets, total liabilities and
total net position at the end of the fiscal year and total
revenue, total expenses and changes in total net position for
that fiscal year and a reference to a place within the township
where copies of the financial statements and accompanying
auditors' report may be examined. If the full financial
statements and accompanying auditors' report are not published,
copies shall be supplied to the publishing newspaper when the
request for publication is submitted. The auditors' report and
financial statement shall be made on uniform forms prepared and
furnished, as provided in section 1701a of this act. The
auditors' report and financial statement shall be signed by all
of the auditors and the auditors' report shall be duly verified
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by the oath of one of the auditors. Any auditor refusing or
wilfully neglecting to file an auditors' report shall, upon
conviction thereof, in a summary proceeding be sentenced to pay
a fine of five dollars for each day's delay beyond the time
fixed herein for the filing of such report and costs. All fines
recovered shall be for the use of the Commonwealth.
Section 2. This act shall take effect in 60 days.
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