Get Financial Information Form - Owda.org

Filling out the Financial Information Form is a critical task for reporting financial data accurately and efficiently. This guide will help you through each section of the form, ensuring that you complete it online with ease.

Follow the steps to complete the Financial Information Form accurately.

1. Press the ‘Get Form’ button to obtain the form and open it in your preferred online editor.
2. Begin by entering the LGA Name in the designated field to identify your organization.
3. Input the year of information reported, ensuring it reflects the most recent data, which is 2015 in this instance.
4. Report your financial data on a cash basis, and categorize the information under the Water Fund and Sewer Fund as needed.
5. Fill in the cumulative surplus prior to the reporting year, which helps gauge your financial health.
6. Enter the gross revenue for the reporting year in the respective field.
7. List the operation and maintenance expenses for the reporting year to assess financial expenditures.
8. Document the annual debt service for the reporting year, which reflects the financial obligations your organization must meet.
9. Calculate total expenses by summing the operation and maintenance expenses with the annual debt service.
10. Determine the net revenue for the reporting year by subtracting total expenses from gross revenue.
11. Record the total number of customers and break that down into residential customers to better understand your client base.
12. Indicate the percentage of revenue generated from residential customers to analyze your revenue sources.
13. List the percentage of users who have outstanding accounts exceeding three months to monitor financial risk.
14. Document the date of the last rate increase and the average increase amount in both percentage and in monetary terms for transparency.
15. Attach the rate ordinance enacted in the reporting year, ensuring compliance with legal requirements.
16. Provide information on any large users that have significantly decreased their usage in the past year, including an explanation of the decrease.
17. Confirm whether your facilities are insured for loss and liability and list the insurer's name.
18. Check if there is more information that needs to be written in the form.
19. Finally, list any additional funds that support the debt service paid to OWDA.
20. Once you have completed all required sections, make sure to save your changes, download, print, or share the form as necessary.

Ready to complete your Financial Information Form? Start the process online today!