Financial Information

Fiscal Year:

The Immokalee Water and Sewer District's Fiscal Year begins on October 1, and ends on September 30 of each year.


DFS Website

Please click here for the Department of Financial Services website for viewing Financial Information


Audits in pdf format:

Audited Financial Statements for 2015-2016
Audited Financial Statements for 2014-2015
Audited Financial Statements for 2013-2014

Audited Financial Statements for 2012-2013

Audited Financial Statements for 2011-2012

Audited Financial Statements for 2010-2011

Audited Financial Statements for 2009-2010

Audited Financial Statements for 2008-2009

Rate Resolutions:

Resolution 16-06 Amending Customer Security Deposits

Rate Resolution 17-01 Adopted October 19, 2016

Resolution 17-02 - Miscellaneous Charges - Effective November 1, 2016

Resolution 10-05 Cross Connection Control Program

November 2016 Water & Sewer Rates

Download Rates in Html format

Pension Plans:

The District historically offers all its employees the opportunity to participate in an individual government employer-sponsored defined contribution 414(h) Money Purchase Pick-Up Retirement Plan and Trust (the "Plan"). Effective January 1, 2009, the District restated its retirement plan. As such, the restated plan qualifies as a 401(a) Money Purchase defined contribution plan. The Plan is administered by a third party administrator. The employer funds substantially all the administrative costs of the Plan.
The Plan allows all employees to participate after three (3) months creditable employment. Employees who elect to participate must contribute three (3%) percent of their gross wages excluding overtime compensation up to $3,000. If the employee desires to defer more than $3,000 they can defer those amounts into the Section 457 Plan. The employer is required to contribute six (6%) percent of the respective participating employee's gross wages excluding overtime compensation. Employer contributions are only required for those participating employees who contribute three (3%) of their gross wages, as defined.

Benefits available are limited to the value of the respective employee's individual account. Individuals direct the investment of their individual account. Benefits vest at a rate of twenty (20%) percent per year of creditable service and vest in full after five years of creditable service. A creditable year of service is defined as a year in which an eligible participant completes 1000 hours of service. Employees immediately vest in their contributions. Normal retirement shall be considered to be attainment of age 55 and completion of five (5) creditable years of service. Employees who fail to complete five (5) years creditable service vest in their respective accounts at twenty (20%) percent per completed year of creditable service. 

Effective November 1, 2012, the District approved a resolution to establish a Deferred Compensation Plan to be made available to all eligible District employees pursuant to Section 457 of the Internal Revenue Code. The Plan is administered by a third party administrator. The employer funds substantially all administrative costs of the plan. All contributions made to the plan are voluntary deductions from employees' wages, with no contributions to the plan made by the District. Employees are eligible to participate after 3 months employment and attainment of age 18. Deferral amounts are limited per IRS Code Section 457(e)(15). 

Audits in html format:

Audited Financial Statements for 2015-2016

Audited Financial Statements for 2014-2015

Audited Financial Statements for 2013-2014

Audited Financial Statements for 2012-2013

Audited Financial Statements for 2011-2012

Audited Financial Statements for 2010-2011

Audited Financial Statements for 2009-2010

Audited Financial Statements for 2008-2009

Rate Resolutions in html format:

Resolution 16-06 Amending Customer Security Deposits

Rate Resolution 17-01 Adopted October 19, 2016

Resolution 17-02 - Miscellaneous Charges - Effective November 1, 2016