The Arch Cape Water & Sanitary Districts' finances are budgeted and reported on a fiscal year basis from July 1st through June 30th of the following year with the modified cash basis of accounting.

 Long range financial plans are reviewed at least annually to revise operating assumptions, project future revenues and expenditures and plan for significant capital and maintenance expenses.

Where possible, debt and its accompanying interest expense, is avoided in favor of financing district operations from system development charges (SDC's), quarterly rates and excess water usage fees.

Shared Expenses

Monthly reports reflect the sharing of staff expenses and other designated expenses.  The allocation of these expenses are  guided by the Intergovernmental Agreement (IGA) 

Fiscal Budgets & Long Range Plans

FY 2024-2025 Budgets for the Water & Sanitary Districts and Long Range Financial Plans  (LRFP's) 

Audits

Audits and reviews are typically filed with the Oregon Secretary of State by December 31st of the year following closure of the prior fiscal period.