Despite the economic downturn, IRWD finds itself in a strong financial position. This did not happen by accident, but through careful fiscal planning over the course of many years. IRWD uses a long-range planning approach that is similar to a family who regularly puts money aside over time to pay for the eventual cost of their children’s college education. By planning for the future, it's not necessary to dramatically increase customer rates to pay for new infrastructure (pipes, pumps, reservoirs, etc.) or for the inevitable repair and the replacement of these types of facilities as they begin to age.
Public Input and Review |
Rates and charges at IRWD are reviewed and set annually by the IRWD Board of Directors at an open public meeting. After projecting the expected revenues and expenses for the upcoming fiscal year, staff prepares a draft budget for review and comment by the IRWD Board of Directors. Over a three month period, this budget is discussed and revised in a series of public meetings with the IRWD Board of Directors. These meetings are open to the public and participation is encouraged. As the budget is being developed, staff will also develop recommendations for changes in rates and charges for services provided to our customers.Any changes in the rates and charges are typically adopted by the Board in late June and become effective July 1.
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Comprensive Annual Financial Report - CAFR |
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2017 CAFR 2016 CAFR 2015 CAFR 2014 CAFR 2013 CAFR 2012 CAFR 2011 CAFR 2010 CAFR 2009 CAFR 2008 CAFR |
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Operating Budget |
Capital Budget |
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Other Financial Reports - Affliated Entities, Studies & Reports
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Bardeen Partners, Inc: FY 2015/16 Form 990 FY 2014/15 Form 990 FY 2013/14 Form 990 FY 2012/13 Form 990 FY 2011/12 Form 990 IRWD LLC: FY 2015/2016 Form 990 FY 2014/2015 Form 990 FY 2013/14 Form 1065 FY 2012/13 Form 1065 FY 2011/12 Form 1065 IRWD Water Service Company II LLC: FY 2015/2016 Form 1065 FY 2014/2015 Form 1065 FY 2013/14 Form 990 FY 2012/13 Form 990 FY 2011/12 Form 990 IRWD Improvement Corporation: FY 2015/2016 Form 990 FY 2014/2015 Form 990 FY 2013/14 Form 990 FY 2012/13 Form 990 FY 2011/12 Form 990 IRWD Cost of Service Study - June 2015 Escheated Funds - 2016 Independent Auditor's Report on Internal Controls over Financial Reporting: 2017 |
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Finance Contacts |
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