WAVERLY UTILITIES RECEIVED HIGHEST AUDIT OPINION POSSIBLE FOR 2021
on Friday, May 20, 2022
WAVERLY, Iowa (May 20, 2022) – Waverly Utilities received the highest opinion possible on the annual audit report for the year ended December 31, 2021.
Waverly Utilities 2021 electric operating revenues were $18,672,608. Electric operating expenses were $17,285,775 (includes $2,337,535 in depreciation expenses), and transfers to the City of Waverly of $836,644.
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 at https://auditor.iowa.gov/audit-reports.