WAVERLY UTILITIES RECEIVED HIGHEST AUDIT OPINION POSSIBLE

posted on Wednesday, May 16, 2018 in Company News

WAVERLY, Iowa (May 16, 2018) – Waverly Utilities received the highest opinion possible on the annual audit report for the year ended December 31, 2017.

Waverly Utilities’ 2018 operating revenues were $19,064,884. Operating expenses were $18,090,779, and transfers to the City of $861,864. Operating expenses include $2,030,899 in depreciation expenses.

A copy of the audit report is available for review at Waverly Utilities’ Department of Finance. It is also available at the Office of Auditor of State and on the Auditor of State’s website at http://auditor.iowa.gov/reports/index.html.