The Macon Water Authority

790 Second Street • Macon, GA 31202-0108 • (478) 464-5600

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PAFR presents 2014 financials, milestones

Apr 9, 2015 by Chris Wood, Ph.D.

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Macon Water Authority (MWA) customers are welcome to review the current Popular Annual Financial Report (PAFR), which provides easy-to-read highlights of the utility’s fiscal performance this past year and financial condition to date.

The annual PAFR is a condensed, user friendly version of the content presented in the Authority’s Comprehensive Annual Financial Report (CAFR). The information included in both the CAFR and PAFR is compiled from the Authority’s recently audited set of financial statements, which are prepared in accordance with generally accepted accounting principles.

The independent auditors from Mauldin & Jenkins, CPA presented the annual Audit of the MWA and its subsidiary Macon Soils during the Authority’s February Finance Committee Meeting. At that time, the auditors noted the Authority received a clean audit opinion, which means the financial statements of the MWA present fairly, in all material respects, the financial position of the Authority for the fiscal year (FY) ending Sept. 30, 2014.

As a result, the MWA Board of Directors adopted the FY 2014 CAFR and Audit during its March Meeting, prior to the utility publishing the PAFR for the benefit of customers and other stakeholders.

“It was another solid financial and operating year at the Macon Water Authority, and we take great pride in being able to report those results to our customers,” says Guy Boyle, Executive Vice President of Business Operations and Chief Financial Officer of the MWA.

The newly published PAFR is accessible through the “Learn More” link below. Or, a limited number of hard copies also are available at the Authority’s Second Street Headquarters.

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