LANSDALE LIBRARY ASSOCIATION
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Lansdale Library Association is a component unit of the Borough of Lansdale presenting audited financial statements for the year ended December 31, 2021. A compilation engagement was performed in accordance with Statements on Standards for Accounting and Review Services, with no opinion or assurance expressed by the accountants. The Association restated its beginning fund balance as of January 1, 2021, to recognize an irrevocable charitable trust per Note F. The financial statements comprise a governmental fund balance sheet/statement of net position and a governmental fund statement of revenues, expenses and changes in fund balances/statement of activities, with supporting notes to the basic financial statements.
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