Technical Memoranda address narrowly defined analytical questions arising from broader WHMIC research projects. Each memorandum documents the methodology, supporting evidence, and conclusions for a single issue.
TM-001 — Reconciling the Audited Financial Statements to Monthly Water & Sewer Rate Operations
Publication scheduled for July 7, 2026.
Examines whether the audited financial statements, by themselves, can determine whether recurring monthly Water & Sewer rates historically generated excess funds beyond operating and reserve requirements.