Causes: Public Utilities
Mission: North lauderdale water association, inc. Is a rural water association providing water to customers in a rural area in north central 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 expense - all employees of the association work for the betterment of the association to keep the wells running and serving all customers.
interest expense - north lauderdale water association, inc. Completed a large redesign and upgrade of the water system. A large portion of the revenue is used to service the debt to this project.