ASSETS: Current Assets Cash and Cash Equivalents Investments: $4,913,592 Accounts Receivable: $359,608 Inventories: $30,452 Other Current Assets: $58,107 Total Current Assets: $5,361,759 Noncurrent Assets: Capital Assets:Water System: $7,934,405 Capital Assets:Sewer System:$733,518 Debt Issue Costs, $0 Total Noncurrent Assets $8,667,923 TOTAL ASSETS: $14,029,682 LIABILITIES:Current Liabilities: Accounts Payable: $70,073 Accrued Salaries and Benefits $9,608 Accrued Compensated Absences $41,948 Insurance Payable $31,687 Funds Held in Escrow $69,395 Notes Payable- Current Portion $107,298 Total Current Liabilities $330,009 Noncurrent Liababilites: Notes Payable - Noncurrent Portion $2,856,496 Other Post Employment Benefits $47,569 Total Noncurrent Liabilities $2,904,065 TOTAL LIABILITIES $3,234,074 NET POSITION: Invested in Capital Assets, Net of Related Debt: $5,704,129 Restricted for Debt Service $715,679 Unrestricted $4,375,800 TOTAL NET POSITION $10,795,608 TOTAL LIABILITIES AND NET POSITION $14,029,682 A complete copy of the 2024 Annual Audit and Financial Report is available for public review at the Authority Office December 30 2025 LSOM0430440