Mission: Clarkdale water association, inc. Is a rural water association providing water to customers (approx. 1,685) in a rural area in lauderdale county, mississippi.
Programs: Depreciation expense - depreciation is claimed on the water distribution system and all equipment required to maintain and service the well, distribution system, and treatment facility. Depreciation is claimed utilizing the straight line method of depreciation.
salaries & wages - all employees of the association work for the betterment of the association to keep the wells running and service all customers.
interest expense - clarkdale water association, inc. Recently completed a large expansion and upgrade of the water system. A large portion of the revenue is used to service the debt to this project.