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Accounting & Administrative Services

FINANCIAL CLARITY AND ADMINISTRATIVE SUPPORT FOR WATER AND WASTEWATER UTILITIES

A water or wastewater utility’s financial records track money — they also support governance, demonstrate regulatory compliance, build customer trust, and inform every major decision a board makes. That’s a far heavier lift than standard bookkeeping, and it requires the kind of specialized utility accounting services that most general accountants simply don’t have. WWSVC provides complete accounting and water and wastewater administrative services for public and private systems across Western Washington — so your finances are accurate, your board is prepared, and your organization is ready for whatever comes next.

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NUMBERS THAT ARE ALWAYS RIGHT - BECAUSE THEY HAVE TO BE

AUDIT-READY FINANCIALS

No one wants to deal with the aftermath of a failed audit: fines, regulatory scrutiny, a board scrambling to explain what went wrong. Utility accounting connects billing, reserves, and reporting into one process — missing any piece of that process affects customers, regulators, and board members responsible for the system. WWSVC has the specialized knowledge and the 40-year track record to keep every piece accurate, so when an audit comes, you’re ready.

We get it right the first time, every time.

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ORGANIZED, ACCURATE, AND AUDIT-READY

WHAT YOU GET WITH WWSVC ACCOUNTING & ADMINISTRATIVE SERVICES

When WWSVC handles your utility’s accounting and administration, the immediate benefit is clarity. Clean, organized financial records that accurately reflect how funds are collected, spent, reserved, and planned. Board meetings supported by accurate, well-prepared documentation. Communications to customers and regulators handled professionally and on time.

Over time, that clarity becomes a competitive asset. Boards make better decisions when they have accurate information. Regulators ask fewer questions when records are organized and consistent. Ratepayers have greater confidence in their utility when they can see it’s being run with transparency and care. And when an audit comes — scheduled or otherwise — WWSVC-managed utilities are ready.

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FINANCES THAT REFLECT REALITY

Accurate utility accounting tracks everything that matters — rates, fees, deposits, capital improvements, reserves, and reporting requirements — giving your board and management the true financial picture they need to plan confidently.

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AUDIT-READY, ALWAYS

Whether it’s a state-mandated audit for a public district or an internal financial review for a private utility, WWSVC maintains the organized, consistent records that make audits straightforward rather than stressful.

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BOARDS THAT WALK IN PREPARED

WWSVC handles board meeting preparation from start to finish — reports, financials, documentation, and follow-through on action items — so board members can focus on governance rather than paperwork.

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COMMUNICATIONS THAT PROTECT YOUR UTILITY

From routine billing notices to certified compliance letters, door-hanger notifications, and public water quality communications, WWSVC ensures every required communication goes out accurately, on time, and in the right format.

COMPLETE COVERAGE, ONE KNOWLEDGEABLE TEAM

ACCOUNTING & ADMINISTRATIVE SERVICES FEATURES

WWSVC’s accounting and administrative services cover the full financial and operational support needs of water and wastewater utilities, from daily bookkeeping to board room to community communications.

PUBLIC SECTOR ACCOUNTING (BARS)

WWSVC provides BARS-compliant public sector accounting for water and wastewater districts across Washington, keeping financial records organized, audit-ready, and fully aligned with Washington State Auditor requirements. Revenue, expenditures, reserves, and capital funds are tracked and classified to BARS standards year-round, so there are no scrambles at audit time. WWSVC also handles budget development, account reconciliation, and the supporting schedules auditors expect to see, giving your board the financial clarity it needs to make sound decisions.

PRIVATELY OWNED UTILITY ACCOUNTING

Private water and wastewater utilities have their own accounting requirements: bookkeeping, rate analysis, financial reporting, and documentation that supports sound business decisions and regulatory obligations. WWSVC provides the same level of specialized utility accounting expertise to private utilities that it brings to public districts, adapted to the different reporting structures and requirements that apply.

BOARD MEETING SUPPORT

Board meetings require weeks of preparation, careful documentation, and thorough follow-through. WWSVC handles it all: preparing reports and financial documentation ahead of meetings, attending as a knowledgeable representative prepared to address questions from board members and the public, and managing action items and minutes afterward. Decisions made in board meetings can affect thousands of people — WWSVC takes that responsibility seriously.

MAILINGS AND COMMUNICATIONS

Utilities have a wide range of communication obligations: billing statements, late notices, compliance letters, public health notifications, capital improvement announcements, and more. WWSVC handles all of it: preparing, processing, and sending required mailings in the correct format and on the required timeline, including certified letters and physical door-hanger notices when needed. Clear, timely communication builds trust between utilities and the communities they serve.

FINANCIAL REPORTING AND CLIENT TRANSPARENCY

WWSVC produces regular financial reports that give utility boards and administrators an accurate, up-to-date view of their system’s financial health: collections, expenses, reserves, outstanding balances, and budget performance. That transparency supports good governance, informed board decisions, and confident long-term planning.

GRANT AND PROCUREMENT COMPLIANCE

Public utilities receiving state or federal grants face additional accounting requirements, including strict rules about how funds are applied, tracked, and reported. WWSVC navigates grant accounting and public procurement laws on behalf of clients, ensuring compliance with ever-changing regulations and protecting utilities from the costly consequences of missteps.

Accounting & Administrative Services FAQs

How are utility accounting services different from standard business bookkeeping?

Utility accounting must track rate revenues, connection fees, reserves, capital projects, and grant funds in ways that meet public-sector rules and regulatory reporting standards, which go beyond typical small-business bookkeeping.

What is BARS accounting and why does it matter for Washington water and sewer districts?

BARS stands for Budgeting, Accounting, and Reporting System — the standardized accounting framework required for Washington State public utilities. It governs how revenues, expenditures, reserves, and capital funds must be classified and reported. Non-compliance can result in audit findings and increased regulatory scrutiny. WWSVC handles BARS accounting for water and wastewater districts across Western Washington.

Can WWSVC handle BARS accounting for our Washington water or sewer district?

Yes, WWSVC provides BARS-compliant public sector accounting for water and wastewater districts, ensuring financial records are organized according to Washington State guidelines and ready for review or audit.

Do you also provide accounting for privately owned water or wastewater utilities?

WWSVC supports privately owned utilities with specialized accounting, financial reporting, and documentation that aligns with their regulatory obligations and business goals, adapted to their specific ownership structure.

How does WWSVC help utilities prepare for financial audits?

The team keeps records organized throughout the year, reconciles accounts, documents transactions, and prepares the reports and supporting schedules auditors expect to see, reducing surprises during formal reviews.

What administrative support can WWSVC provide for our board meetings?

WWSVC prepares financial reports and packets, attends board meetings as a knowledgeable resource, documents minutes and decisions, and tracks follow-up items so boards can focus on governance rather than administrative details.

Can WWSVC manage required mailings and compliance letters to customers?

Yes, WWSVC drafts, processes, and sends billing statements, late notices, certified compliance letters, door-hanger notifications, and public water-quality communications in the correct format and on the required timeline.

Do you assist with grant accounting and procurement compliance for capital projects?

WWSVC helps utilities track how grant funds are used, document eligible expenses, and follow public procurement rules so projects stay in compliance with state and federal funding requirements.

How does WWSVC help water utilities set or adjust their rates?

WWSVC helps utility clients identify when rate adjustments are warranted based on cost trends, regulatory requirements, and long-term financial planning needs. We provide the data and analysis boards need to make defensible rate decisions — and we help communicate rate changes to ratepayers in a clear, compliant way.

Can WWSVC help our water district with annual budget development?

Yes. WWSVC supports utility clients with budget development by organizing financial history, projecting operating costs and revenue, and preparing the documentation boards need to adopt an informed annual budget. Accurate, well-prepared budgets also reduce the risk of mid-year financial surprises.

Does WWSVC help water utilities track and manage infrastructure reserve funds?

Yes. Properly funded reserves are essential for long-term system health — and a common area where utilities fall short without specialized guidance. WWSVC helps districts track reserve fund balances, plan for future capital needs, and ensure reserve accounting meets Washington State requirements for public water systems.

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YOUR UTILITY’S FINANCES require THE SAME EXPERTISE AS ITS OPERATIONS

Tell us about your system and we’ll show you what specialized utility accounting and administrative services look like in practice.

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