HIGHEST AUDIT OPINION POSSIBLE 2020

posted on Tuesday, May 11, 2021 in Company News

WAVERLY UTILITIES RECEIVED HIGHEST AUDIT OPINION POSSIBLE

WAVERLY, Iowa (May 12, 2021) – Waverly Utilities received the highest opinion possible on the annual audit report for the year ended December 31, 2020.

Waverly Utilities’ 2020 electric operating revenues were $18,001,146. Electric operating expenses were $16,715,472 (includes $2,265,910 in depreciation expenses), and transfers to the City of $860,508.

A copy of the audit report is available for review at Waverly Utilities’ as well as www.waverlyutilities.com. It will also be available at the Office of Auditor of State and on the Auditor of State’s website.