Annual Financial Report & Budget
Board members, management and staff are committed to good fiscal stewardship. CCWA charges rates and fees based on what is needed to cover the cost of the services it provides its customer base and for maintenance of its assets. Its two enterprise funds operate like a typical business without receiving any tax dollars. The Water and Sewer Fund has an annual budget of $ $107.0 million and utilizes $$537 million of infrastructure to provide water and sewer services. Staff maintains approximately 1,500 miles of water distribution pipes and 1,100 miles of sewer conveyance pipes. CCWA is focusing on replacing or rehabilitating this critical underground infrastructure as pipe reaches the end of its life span. The Stormwater Fund has an annual budget of $ $10 million and maintains 500 miles of stormwater pipe with a value of $49 million. CCWA has a bond rating from Standard & Poor’s of AA+ and from Moody’s of Aa2. The Authority currently has outstanding revenue bonds totaling $56.2 million. Our Finance staff consistently receives national recognition from The Government Finance Officers Association of the United States and Canada (GFOA) for its Comprehensive Annual Report and Adopted Budget.
Comprehensive Annual Financial Report
CCWA is required by law to issue an annual report on its financial position and activity and to have its annual report audited by an independent auditing firm that is to be selected by the Clayton County Board of Commissioners.
Click on the link below to see the Authority’s latest Comprehensive Annual Financial Report.