Examples of Water Enterprise Fund in a sentence
The Water Enterprise Fund also reimburses the general fund for costs incurred and paid by general fund budgets, e.g., employee benefits, property and casualty insurance, financial and billing expenses, and other administrative and operational support costs.
The principal operating revenues of the Water Enterprise Fund, and of the City’s Internal Service Funds are charges to customers for sales and services.
Fund Financial Statements The Water Enterprise Fund and the State Water Project Fund (the Funds) financial statements are prepared in conformity with the generally accepted accounting principles (GAAP) in the United States of America.
The principal operating revenues of the Water Enterprise Fund, the Municipal Sewer Fund, and the Internal Service Funds are charges to customers for sales and services.
All cash of the Water Enterprise Fund, the Municipal Sewer Enterprise Fund, the Facilities Operations and the Insurance and Benefits Internal Service Funds are held in a City pool.
The City also reports the following major proprietary funds: Water Enterprise Fund - This fund accounts for the operation and maintenance of the City's water distribution system.
The South Service Water Enterprise Fund accounts for the purchase and delivery of water to the citizens of a specific portion of the Town, South of the Fraser River.
These obligations are secured and funded with the revenues and resources of the Water Enterprise Fund.
The enterprise funds previously established by vote of the town pursuant to section 53F1/2 of chapter 44 of the General Laws and referred to as the Siasconset Water Enterprise Fund and the Wannacomet Water Enterprise Fund, to the extent they are in existence as of the effective date of this act, shall hereby be consolidated into a single enterprise fund to be known as the Nantucket Water Department Enterprise Fund, which consolidated fund shall be subject to said section 53F1/2 in every respect.
Water Enterprise Fund – is used to account for the operation of the Town’s water activities.