This document is a comprehensive annual financial report for Abington Township for fiscal year 2010. It includes statements on net assets, changes in net assets, governmental funds, proprietary funds, and intangibles. Grants accounted for 15% of governmental revenue at $5,739,991, while fines were less than 1% of total governmental revenue at $297,507. Public safety, roads, and recreation made up 70% of Abington's governmental expenses.

1. COMPREHENSIVE ANNUAL
FINANCIAL REPORT PROJECT
FISCAL YEAR 2010
Jason Vineis
Drexel University
ACCT 498 Professor Jones

2. SHOULD WE MOVE TO ABINGTON?

3. Character
 Abington Township is located in
Montgomery County,
Pennsylvania
 Purchased from the native
Lenape by William Penn during
the 1680s
 Population 55,310 in 2010
 Governed by a Board of
Commissioners
 Largest employers Abington
hospital/Willow Grove Park Mall
 Michael Buffer - ring announcer

4. REPORTS IN SCOPE
 STATEMENT OF NET ASSET
 CHANGE IN NET ASSESTS
 GOVERNMENTAL FUNDS
 GENERAL FUND
 PROPRIETARY FUNDS
 FIDUCIARY FUNDS
 INTANGEBLES

5. STATEMENT OF NET ASSET

7. CHANGE IN NET ASSETS

8. GOVERNMENTAL
FUNDS

9. GRANTS ACCOUNT FOR
15% GOV. REVENUE
$5,739,991
FINES ARE LESS THAN 1%
OF TOTAL GOV.REVENUE
$297,507
PUBLIC SAFETY, ROADS
AND RECREATION ARE
70% OF THE ABIGNTONS
GOVERNMENT EXPENSES

12. PROPRIETARY FUNDS

15. ABIGNTON’S INTANGEBLES
PARKS AND REC