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Name: Fillable Online Annual Financial Report for the Fiscal Year Ended June 30, 2020 Fax Email Print - pdfFiller
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This document presents the annual financial report of the Water Utility Enterprise Funds of the Santa Clara Valley Water District for the fiscal year ending June 30, 2020. It includes independent auditor\'s reports, management discussion, analysis, basic financial statements like the statement of net position, revenues and expenses, cash flows, and notes to the financial statements. The report addresses the financial health of the funds which manage the supply of water within the district.

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What is water utility enterprise funds?

Water utility enterprise funds are specialized financial management accounts used by local governments to account for the revenues and expenses associated with water supply and distribution services.

Who is required to file water utility enterprise funds?

Local governments and municipalities that operate water supply systems and are required by law to report their financial activities regarding water utilities must file water utility enterprise funds.

How to fill out water utility enterprise funds?

To fill out water utility enterprise funds, a governmental entity must gather financial data related to water operations, including income from water sales, operating expenses, capital expenses, and debt service, and complete the designated forms provided by the regulatory authority.

What is the purpose of water utility enterprise funds?

The purpose of water utility enterprise funds is to ensure that revenues generated from water services are used exclusively for the operation, maintenance, and improvements of the water supply system.

What information must be reported on water utility enterprise funds?

Reported information must include financial statements, operating revenues, expenses, net assets, liabilities, capital expenditures, and specific metrics related to the water service performance.

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