The utility is self-supporting with revenue obtained through the sale of water and payment for services. State law establishes the Board and provides that the rates are adequate to cover the costs of operation and maintenance, and to retire all bonds. No taxes are used to support the utility.
As of December 31, 2015, net position for the utility totaled approximately $259 million; operating revenues for the fiscal year were $57 million. The utility currently has approximately 253 budgeted full-time equivalent employees. To ensure the highest quality water, the utility continuously upgrades its operations and facilities to the most efficient and up-to-date methods and equipment available. Utility employees are expected to be conscientious, dedicated public servants, and ready to render helpful and courteous service to all customers.
Financial Reports and Annual Reports
Both publications can be found on our Publications Page.