Report from the Gray Water District
Citizens and District Customers:
The Gray Water District is pleased to provide this report for our fiscal year ending December 31, 2004. Our Auditors, Clark, Friel and Nickerson PA have again provided an unqualified statement as to our financials for this period. The District is pleased that the 2004 audit was conducted under the provisions of the GASB Statement No. 34. According our audit, long-term debt decreased by $136,211 and that no new debt was issued during 2004.
During the year the District was involved in various ongoing preventative maintenance to the District supply and transmission lines. We continued the search for a secondary water supply by looking at various sections of the community. The Board of Trustees will continue this effort and narrow their search during the next year. This allows the District to project and meet future needs of the community.
The Board of Trustees looks forward to continuing its services to its customers and invites your comments and suggestions.
Respectfully Submitted
The Board of Trustees
Gray Water District
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