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This document is an annual report required by state law for water utilities, detailing financial and operational aspects for the calendar or fiscal year ending 2024. It includes schedules for balance sheets, income statements, operating expenses, definitions, general instructions, and significant changes during the year.
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A water utility annual report is a document that provides a comprehensive overview of the operations, financial performance, and service delivery of a water utility provider over the course of a year.
Water utility companies that provide water services to customers, typically regulated by state or local authorities, are required to file annual reports.
To fill out a water utility annual report, utilities should collect necessary data regarding their operations, financials, customer service metrics, and regulatory compliance. They then fill the report template provided by the governing body, ensuring all sections are accurately completed.
The purpose of the water utility annual report is to inform stakeholders, including regulators, consumers, and investors, about the utility's performance, challenges, and future plans, ensuring transparency and accountability.
The information that must be reported includes financial statements, operational metrics, service quality indicators, capital projects, compliance with regulations, and future outlook.
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