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County Water and Sewer Authority audit released | News, Sports, Jobs


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The Lycoming County Water and Sewer Authority shows assets of $50.8 million for the year ending 2020, according to an audit released by Baker Tilly.
“You are in good fiscal shape right now,” Adam Hartzel, of Baker Tilly, told members of the authority board during their recent monthly meeting.
He reported that the Authority had a net loss of about $120,000 during the year due to refinancing of debts and COVID-19 related issues.
In the previous year, the net loss was $105,000.
“Only losing $120,000 is good overall,” he said.
Authority Executive Director Christine Weigle said it could be considered a “break-even year.” ....

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