Unconventional Gas Well Fund Usage Report
Act 13 Impact Fees
How Nottingham Township used the Impact Fees Fund monies
| Act 13 Impact Fees Fund | ||||||||
| Interest | Amount | End of year | ||||||
| Year | Received | Earned | Available | Expended* | Balance | |||
| 2012 | $56,953.90 | $16.38 | $56,970.28 | $0.00 | $56,970.28 | |||
| 2013 | $57,662.22 | $74.19 | $114,706.69 | $57,000.00 | $57,706.69 | |||
| 2014 | $73,292.46 | $102.96 | $131,102.11 | $82,700.00 | $48,402.11 | |||
| 2015 | $77,290.34 | $95.14 | $125,787.59 | $40,000.00 | $85,787.59 | |||
| 2016 | $130,573.60 | $280.28 | $216,641.47 | $112,000.00 | $104,641.47 | |||
| 2017 | $139,340.01 | $488.09 | $244,469.57 | $101,164.75 | $143,304.82 | as of 12/31/17 | ||
| * Funds were used to: | ||||||||
| 2013 | $57,000.00 | Help pay for Kenworth Dump Truck ($95,000+) | ||||||
| 2014 | $82,700.00 | Help pay for 2014 Dodge Truck ($83,950) & Youngblood Paving ($54,771) | ||||||
| 2015 | $40,000.00 | Help pay for Backhoe ($67,613) | ||||||
| 2016 | $112,000.00 | Help pay for Massey Tractor & Mower ($104,929) and Public Works Bldg. Expansion | ||||||
| 2017 | $101,164.75 | Help pay for P.W. Expansion ($82,264.48) and Loan Payments ($68,400) | ||||||