By The Numbers: 5 Financial Facts From Cecil's Audit

Cypher & Cypher presented the annual 2012 audit to supervisors at the board's August meeting - one that showed no findings.

Here were five financial facts of note that came out of the audit report covering 2012. 

1. The total amount of revenues for 2012 equalled $8.46 million.

2. The total amount of expenditures for 2012 was listed as $7.58 million.

3. The township's fund balance increased by $873,302 in 2012.

4. Operating revenues were over budgeted revenues by $1.44 million.

5. Operating expenditures were over budgeted expenditures by $804,535.

Brought up after the audit report was a discrepancy with an account associated with the federal forfeiture program associated with the  resignation of the township's former police chief.

Supervisor Elizabeth Cowden asked why the discrepancy was not discovered by the firm.

Cypher & Cypher declined to answer the question.

Township Board President Tom Casciola said the board was not permitted to discuss the subject because it is a legal issue.

Casciola then asked the solicitor to advise Cowden that making any remarks made publicly about the account was 'inappropriate' until a court said it was permitted.

That was met by jeers from audience members who said the public has a right to know the information.