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Clerk-Treasurer reports audit work, parcel corrections and change to federal tax deposit schedule

Silver Creek Township Board of Supervisors · December 3, 2024
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Summary

Clerk-Treasurer Alana Paumen told supervisors the CPA audit materials are being compiled, 11 parcel corrections were made and fire assessments submitted to the county, and federal tax deposits now must be made semi-monthly after exceeding $50,000 in deposits over four quarters.

Clerk-Treasurer Alana Paumen reported to the board that the township continues to prepare materials for the CPA to complete the scheduled audit and expects it to be finished within a few weeks.

Paumen said staff made corrections to 11 parcels and submitted fire assessments to the county. She added, "Federal Taxes now need to be paid semi-monthly due to paying in over $50,000 throughout the last 4 quarters," a change that will alter the township's payroll tax deposit schedule going forward.