Financial Information

At the Lewes Board of Public Works, we believe in transparency and fiscal responsibility. Our financial practices ensure reliable service delivery while planning for long-term infrastructure investment and environmental stewardship.

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Quick Links

• Rate Schedules
• Investment Policy
• Cash Reserve Policy

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Financial Overview

Each year, BPW prepares a balanced budget that supports utility operations, infrastructure maintenance, capital improvements, and community programs. Our financial decisions are guided by industry best practices, regulatory requirements, and long-term sustainability.

Budget Highlights:

• Operating Budget: Approved 2025-2026 Operating/Maintenance Budget
• Capital Projects: Approved 5- year Capital Improvement Budget

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Accountability & Audits

Lewes BPW undergoes an independent financial audit annually. These audits ensure our practices meet government accounting standards and provide public confidence in our stewardship of ratepayer funds.

Latest Audit Report

2022-2023 Audit and Financial Statements

2021-2022 Audit and Financial Statements

2020-2021 Audit and Financial Statements

2019-2020 Audit and Financial Statements

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Financial Advisory Committee

Established on October 28, 2021, via Resolution 21-005, the Finance Committee serves in an advisory capacity to the BPW Board. The committee’s primary focus is to periodically review the charter and policies related to BPW finances, providing summaries and recommendations to the Board. While the committee does not possess decision-making authority, its insights are invaluable in guiding the Board’s financial strategies.

Committee Composition

The committee comprises a minimum of seven members and no more than nine. The structure includes:

• Co-Chairs:
  • Richard Nichols, BPW Treasurer
  • Bob Heffernan, BPW Assistant Treasurer
• Members:
  • Robin Davis, BPW General Manager
  • Kimberly Bellere, BPW Finance Director
  • Amy Marasco, City Council Representative
  • Carolyn Jones, Citizen Volunteer
  • Michael Hogan, Citizen Volunteer
  • Calvin Jaber, Citizen Volunteer

Responsibilities

• Review and advise on BPW’s financial policies and documents.
• Assess financial risks and provide recommendations.
• Undertake tasks as specifically requested by the BPW Board.

Interested in joining? Contact info@lewesbpwde.gov

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Questions?

We welcome questions from the public. If you’d like to learn more about our budget, rates, or financial policies:

kbellere@lewesbpwde.gov
(302) 645-6228