The Authority's Financial Picture

Treasury Account:
Assessments$5,250,009.00
Interest Earned $197,965.00
 Total Revenue$5,447,974.00
Balance carried over from previous year$1,479,532.00
 Total Funds Available$6,927,506.00
Grants Paid($3,294,725.00)
Public Relations($1,006,898.00)
Operating Account Transferred($258,250.00)
Balance in Treasury Account
(to be applied to future grants)
$2,367,633.00
Operating Account:
Beginning Balance$141,749.00
Funds Received from Treasury$258,250.00
 Total Funds Available$399,999.00
Interest Earned$7,238.00
Personnel Expenses($74,660.00)
Operating Expenses($148,909.00)
Program Expenses($47,253.00)
Office Equipment Expenses($8,186.00)
 Total Operating Account Expenses($279,008.00)
Balance in Operating Account
(to be carried over for next year's operating expenses)
$128,229.00

Note: The Authority uses no tax dollars. It is funded solely through annual assessments paid by more than 400 auto insurance companies in Pennsylvania. The assessed funds are held in an account maintained by the state Treasury Department and transferred as required for grant awards, public education activities and operating expenses. The Authority's operating budget is $400,000; 4.4 percent of the total assessment collected in FY99-00 went to operating costs, not including program expenses.

To the Honorable Governor Tom Ridge and members of the Pennsylvania Legislature

Executive Summary: the year in review

The Strategy - Pennsylvania still is "the forbidden zone" for car thieves

Special Reports

Fighting Theft on the Streets

Fiscal Impact of the Grantees' Combined Efforts

Board of Directors

Some of the "50 Ways to Help Stop Auto Theft"