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Financial Information – The System as an Enterprise Fund
The Commission operates as an enterprise fund of The City of Morristown. This being the case, the Commission funds its expenditures through its rates and charges and receives no income from City taxes. The Commission recommends rates annually to provide for anticipated cash outlays for operating expenses and capital improvement requirements.
Independent Audit
The System has an annual audit performed by independent certified public accountants. The firm of Coulter & Justus, P.C., was selected by the Board.
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