NOTICES

PORT OF PITTSBURGH COMMISSION

Financial Statement

[46 Pa.B. 7234]
[Saturday, November 12, 2016]

Summary Financial Information
Derived from the Audited Financial Statements

Summary Statement of Net Position
June 30, 2016

Assets
Cash and cash equivalents	$ 2,530,402
Other assets	1,035,361
Capital assets, net of accumulated depreciation/amortization	770,429
Total Assets	$ 4,336,192 ______
Deferred Outflows of Resources	$ 167,771
Liabilities, Deferred Inflows of Resources, and Net Position
Liabilities	$ 4,195,009
Deferred Outflow of Resources	63,284
Net Position:
Net investment in capital assets	(1,242,867)
Restricted for port development	1,488,537
Total Net Position	245,670
Total Liabilities, Deferred Outflows of Resources, and Net Position	$ 4,503,963 ______

Summary Statement Activities
Year Ended June 30, 2016

				Net (Expense) Revenue and Changes
		Program Revenues		in Net Position
Functions/Programs	Expenses	Charges for Services	Operating Grants and Contributions	Governmental Activities
Governmental Activities:
Port development	$ 3,016,877 ______	$ 4,720 ______	$ 2,964,524 ______	$ (47,633)
	General revenues:
	Miscellaneous income			31,438
	Investment income			15,531
	Change in Net Position			(644)
	Net Position:
	Beginning of year			246,334
	Ending of year			$ 245,670 ______

MARY ANN BUCCI, 
Executive Director

[Pa.B. Doc. No. 16-1972. Filed for public inspection November 10, 2016, 9:00 a.m.]

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