Financial Information

TMWA staff is dedicated to being fiscally responsible and committed to continually assessing all operational costs. As a result, expenses, and thus our customer rates, are kept as low as possible.

Annual Comprehensive Financial Report

The Purpose of the Annual Comprehensive Financial Report (ACFR) is to provide the Board of Directors, our customers, and bondholders as well as other interested parties with reliable financial information about TMWA. TMWA's Finance Department prepared the ACFR in accordance with Generally Accepted Accounting Principles (GAAP). These reports are reviewed by an external auditor on a yearly basis.

Popular Annual Financial Report (Summary Format)

The Popular Annual Financial Report (PAFR) is an optional, high-level overview to compliment the ACFR without the intensive audited detail required in an ACFR. It is specifically for customers who want to know more about TMWA’s finances but would rather read a summary. Much of the financial information found in the PAFR can be found in more extensive detail in the corresponding year’s ACFR.

Water Facility Plan 2015-2035

To view our current Water Facility Plan please visit our Water Facility Plan page.

Five-Year Capital Improvement Plan

Investment Policy

TMWA's Investment Policy is followed to manage the issuance of TMWA's debt obligations and maintain the ability to incur debt and other long-term obligations at favorable interest rates for capital improvements, facilities, and equipment that are beneficial to the residents of TMWA's service territory. The resolution includes the staff report and the Schedule of Investments as of that date. A future schedule of investments is provided in each year's Debt Management Policies provided below. The Investment Policy applies to all restricted and unrestricted monies held by TMWA and complies with NRS 350. The Investment Policy was approved unanimously by the Board of Directors on February 19, 2009. Subsequently, in September 2017, amendments to the Investment Policy were unanimously approved by the Board of Directors.

Annual Operating and Maintenance Budget

TMWA Final FY 2025 Budget

TMWA Final FY 2024 Budget

TMWA Final FY 2023 Budget

TMWA Final FY 2022 Budget

TMWA Final FY 2021 Budget

TMWA Final FY 2020 Budget

Debt Management Policy for June 30, 2024

The purpose of the TMWA's Debt Management Policy is to manage the issuance of TMWA's debt obligations and maintain the ability to incur debt and other long term obligations at favorable interest rates for capital improvements, facilities, and equipment that are beneficial to the residents of TMWA's service territory.

Interest Rate Swap Policy, June 30, 2024

The purpose of the Interest Rate Swap Policy is to establish guidelines for the execution and management of TMWA's use of interest rate swaps or similar products and related transactions to meet the financial and management objectives as outlined in this policy.