Harlan Utilities Annual Audit Reveals Financial Trends
Harlan Municipal Utilities' annual audit unveils significant financial shifts, including an 18.9% revenue spike in the Gas Fund and mixed trends in other areas. Discover how these changes impact local services and find the full report available for public review.
The annual audit report for Harlan Municipal Utilities has been released by Gronewold, Bell, Kyhnn & Co. P.C. CPAs, revealing key financial updates for local utilities.
The Electric Fund reported revenues of $8,426,200 for the year ending June 30, 2025, marking a 2.6% increase from the previous year. Expenses in this fund rose to $6,646,300, primarily due to increased costs in plant and transmission services.
In the Gas Fund, revenues surged by 18.9% to $4,475,100, with expenses also increasing to $3,710,800. Meanwhile, the Water Fund saw a slight revenue decline of 6.6% to $3,647,000, though expenses rose to $2,873,400.
The Telecommunications Fund experienced a revenue drop of 3.7% to $2,020,300 and expenses climbed to $2,442,600.
A complete audit report will be available for public review at the Auditor of State's office and the Utility office. For more detailed financial insights, visit the original article.