Current Financial Statements
Aloha! Welcome to the Board of Water Supply's Department Financial Statements online section.
Documents posted in this section are for reference or research purposes and are intended to provide customers with a better understanding of the BWS and to demonstrate the Department's commitment to transparency. This will include documents for the operating budget, capital improvement program budget, monthly balance sheet or statement of revenue documents, and bond rating information. Current fiscal year documents such as budgets, balance sheets and statements of revenues, expenses and change in net assets will be posted to this page. Previous year budgets, balance sheets, and statements of revenues, expenses and change in net assets may be found in the Department Financial Statements archive.
We hope that you find the information helpful and beneficial for your needs.
Reference Documents
Balance Sheets
- 2026 - not yet available
Statements of Revenues, Expenses And Change In Net Assets
- 2026 - not yet available
Operating Budgets & Capital Improvement Program Budgets
6-Year Capital Improvement Program
Department Financial Statements Archive
Bond Ratings
| Year | Type of Debt | Fitch | Moody's | S&P |
|---|---|---|---|---|
| 2024 | Water System Revenue Bonds | AAA Stable |
-- -- |
AAA Stable |
| 2023 | Water System Revenue Bonds | AAA Stable |
-- -- |
AAA Stable |
| 2022 | Water System Revenue Bonds | AA Positive |
-- -- |
AAA Stable |
| 2021 | Water System Revenue Bonds | AA Positive |
-- -- |
AAA Stable |
| 2020 | Water System Revenue Bonds | AA+ Stable |
-- -- |
AAA Stable |
| 2014 | Water System Revenue Bonds | AA+ Stable |
Aa2 Stable |
-- -- |
| 2012 | Water System Revenue Bonds | AA+ Stable |
Aa2 Stable |
-- -- |
Nāʻālehu Anthony
Board Chair
Board of Water Supply
Ernest Y.W. Lau, P.E.
Manager & Chief Engineer
Board of Water Supply
Leanne Matsumoto
Waterworks Controller
Board of Water Supply
BWS Communications Office
Phone: (808) 748-5041 | Email: contactus@hbws.org
Disclaimer
As a reminder, this Department Financial Statements section of the Board of Water Supply of the City and County of Honolulu website provides access to general information about BWS, as well as its bond program. Your access and use of this website is subject to the terms and conditions and all applicable laws noted in the disclaimer window. See the full terms and conditions.
Updated: 01/13/2026