The responsibilities of the Finance Department include the supervision, coordination, and administration of major financial affairs including accounting, budgeting, financial reporting, fixed assets, internal audits and the Commission's payroll function.
Annual Comprehensive Financial Report (ACFR)
The Government Financial Officers Association of the United States and Canada (GFOA) has awarded to the Joint Municipal Water and Sewer Commission the "Certificate of Achievement for Excellence in Financial Reporting" for the Commission's Comprehensive Annual Financial Report for the 2022 (10th consecutive) fiscal year.
Secondary Market Disclosures
The Joint Municipal Water and Sewer Commission has engaged Digital Assurance Certification, LLC (DAC) as its Disclosure Disseminating Agent, and its secondary market disclosure information is available online.
To view the Commission's secondary market disclosure information:
- Visit www.dacbond.com
- At the top right of the screen, click on "Register" if you do not have log in credentials or “Log In” if you do have log in credentials.
- Type your username and password in the fields provided on the Home page or Log In page.
- You may type Joint Municipal in the search field (or click on the letter “J” then browse through the listing) which will open a screen that takes you to our 5-Year Filing History.
- Click on the 5-Year Filing History link to be re-directed to the Commission’s historical financial and operating data.
If you have any questions, please call DAC toll free at (888) 824-2663 to speak with a customer service representative.
Financial Ratings
The ratings from credit agencies reflect the Commission’s conservative management of its financial position while effectively managing its assets and operations while providing excellent service to an increasing customer base due to the continued growth of Lexington’s economy. These ratings should allow the Commission to obtain lower interest rates on future borrowings.
