Get Please Report On A Cash Basis

Filling out the Please Report On A Cash Basis form is essential for accurately reporting your financial information related to water and sewer funds. This guide provides step-by-step instructions to ensure you complete the form efficiently and correctly.

Follow the steps to complete your report effectively.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Provide the Local Government Agency (LGA) name at the beginning of the form as it identifies the reporting entity.
3. Input the year of information reported, ensuring it corresponds to the period you are addressing.
4. For the Water Fund, enter the cumulative surplus prior to the reporting year, representing your starting financial position.
5. For the Sewer Fund, similarly record the cumulative surplus prior to the reporting year.
6. In the Reporting Year Gross section, list the total gross revenue for the year under review.
7. Specify the operating and maintenance expenses for the reporting year as this is crucial for financial assessment.
8. Detail the annual debt service costs incurred during the reporting year to gauge financial commitments.
9. Calculate total expenses by adding the operation and maintenance expenses to the annual debt service.
10. Determine the reporting year net revenue by subtracting the total expenses from the gross revenue.
11. Indicate the number of total customers served and the number of residential customers, as this reflects the customer base.
12. Provide the percentage of revenue derived from residential customers, which can help assess revenue dependency.
13. Report the percentage of users with accounts outstanding for more than three months to highlight collection issues.
14. State the date of the last rate increase, providing context for any financial adjustments.
15. List the amount of the average increase, checking relevant options (percentage, per thousand, per 100 cubic feet) for clarity.
16. Enclose a rate ordinance that was enacted during the reporting year, marking it appropriately.
17. Address whether any large users significantly decreased usage in the past year and explain the reasons for any decrease in usage.
18. Confirm if your facilities are insured for loss and liability, and list the insurer for verification.
19. If there is more information written on the form, ensure it is included for comprehensive reporting.
20. Finally, list any additional funds that support the debt service paid to OWDA as this can affect overall financial health.
21. Review all entries for accuracy before saving changes, downloading, printing, or sharing the completed form.

Complete your reports online for a streamlined and efficient process!