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COUNTY OF ADAMS, PENNSYLVANIA STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN FUND NET POSITION - PROPRIETARY FUNDS FOR THE YEAR ENDED DECEMBER 31, 2025
Business-Type ActivityGovernmental Activities
Adams CountyInternal Service
IDAFund
Operating Revenues
Charges for Services$ 10,3848,307,325
Grant Revenue
Former Gettysburg Foundry ISRP115,598-
Ag Feasibility Study3,084-
Total Grant Revenue118,682-
Other Income10,088-
Total Operating Revenues139,1548,307,325
Operating Expenses
Self Insurance Claims-11,198,721
Grant Expenses155,831-
Management Fees50,000-
Professional Services13,129592,556
Other Services and Charges91827,797
Insurance2,235-
Advertising235-
Amortization10,162-
Bank Fees150-
Office Expense--
Total Operating Expenses232,66011,819,074
Operating Income (Loss)(93,506)(3,511,749)
Nonoperating Revenues (Expenses)
Interest Income5423,201
Proceeds from Primary Government (Adams County)130,000-
Interest Expense(2,316)-
Total Nonoperating Revenues128,2263,201
Change in Net Position34,720(3,508,548)
Net Position/(Deficit) - Beginning of Year(410,449)2,656,341
Net Position/(Deficit) - End of Year$ (375,729)$ (852,207)
The accompanying notes are an integral part of the financial statements