Hutchinson and Bloodgood LLP understands the demands and complex issues facing the water and sewer agencies (Special Districts). Special Districts are faced with tailoring services to meet customer demand, they provide a nexus between costs and benefits for the services they provide, and they tend to be responsive to the needs of their customers. The relationship between a district and its customers must be protected; otherwise, issues of accountability and accessibility will arise.

For over 20 years, Hutchinson and Bloodgood LLP has been tailoring its services to meet the variety of needs facing Special Districts and also provide a nexus between costs and benefits for the service we provide. Our Special Districts have benefited from these following services over the past 20 years:

• Financial Statement Audits
• Federal Compliance Audits (OMB A-133)
• Review of Investment Policies
• Review of Internal Controls
• Comfort Letters Issued to Bond Underwriters
• Annual State Controllers Report
• Information Technology Audits
• Information Technology Consulting
• Human Resources Services
• Forecast and Projections

Commercial water and sewer utilities are tightly regulated by state public utility commissions, which set prices for water and sewer services. Prices are often set to achieve a 10 to 12 percent return on equity. Our team members ask the important questions:

Is the Special District's cash flow seasonal?
Water use is often higher in the summer.

What is the Special District's target return on equity?
Ten to twelve percent is often the target set by public utility commissions.

How much capital investment will the Special District have to make in the future?
Nationally, the EPA estimates that more than $300 billion must be spent over the next 20 years.

For more information on services for Special Districts contact us today.