Campbell Water
What Campbell Water filed with PSC about the water it produced and the water it billed for, 2016–2025 — and what the filing does and does not let anyone verify.
- Non-revenue water, FY2025
- — Not reported in the filing.
- Recoverable annually
- — Not estimable from what PSC publishes. A loss percentage cannot be priced without the volume it is a share of.
- Balance check
- insufficient The filing does not publish enough components to decompose system input.
What the record shows
- 10 of 10 years carry no figure — which by PSC's own note means it had insufficient data to calculate one.
Debt outstanding, and what covers the interest
No bonds outstanding at the end of 2025. This is principal outstanding on the water utility's own balance sheet, on the Commission's own test: it files no electric operating report.
No bond balance is not the same as no debt. 2,310 of the 5,921 utility-years in this extract file no bonds, and many of those utilities pay interest anyway on an advance from their own municipality, which the Commission files under account 430 rather than as a bond.
| Year | Debt outstanding | Issues |
|---|---|---|
| 2025 | $0 | 0 |
| 2024 | $0 | 0 |
| 2023 | $0 | 0 |
| 2022 | $0 | 0 |
| 2021 | $0 | 0 |
| 2020 | $0 | 0 |
| 2019 | $0 | 0 |
| 2018 | $0 | 0 |
| 2017 | $0 | 0 |
| 2016 | $0 | 0 |
A coverage ratio is stated for 1 of the 10 years on this filing, so the table does not carry a column for it. This utility filed no interest expense for the year, so there is nothing for a coverage ratio to cover.
-0.05 — what Campbell Water's net revenue was against its interest in 2025, and it is negative: the utility's operating revenue did not cover its own operation and maintenance that year. That is what the filing says, and it publishes as filed.
Net revenue over interest: the Commission's account 400 (operating revenue), less 401–402 (operation and maintenance), less 408 (taxes), divided by 427 plus 430 plus 431 (interest on long-term debt, on municipal advances, and other). Depreciation is filed under 403 and is not deducted, because what pays interest is cash.
This is not a debt service coverage ratio and must not be read as one. Debt service is principal repaid plus interest, and the principal repaid in a year is not filed anywhere in this source. A covenant ratio is defined in the bond documents, which set out their own revenues, their own operating expenses and their own exclusions. Two utilities with identical filed figures can have different covenant ratios.
Figures are as filed with the Commission under Wis. Admin. Code ch. PSC 185 and are not audited as presented. Nothing here is a credit opinion, an implied rating, or a judgement that any figure is sufficient. Source: Public Service Commission of Wisconsin, annual report financial schedules, 2016–2025, retrieved 2026-09-12.
This filing reports totals but not the components a balance is made of, so the identity input = billed + unbilled authorized + apparent loss + real loss has nothing to be tested against. Absent: .
insufficient · not checkable
This is recorded as unverifiable and not reported as a pass. The difference is the one between a disclosure gap and a clean bill of health.
| Year | Input (MG) |
|---|---|
| 2025 | 0 |
| 2024 | 0 |
| 2023 | 0 |
| 2022 | 0 |
| 2021 | 0 |
| 2020 | 0 |
| 2019 | 0 |
| 2018 | 0 |
| 2017 | 0 |
| 2016 | 0 |
Other Wisconsin systems
PSC publishes no county or connection count for these systems, so they cannot be ranked against this one. These are other filers, not comparables.
- Sextonville Waterworks San Dist
- Seymour Municipal Water
- Sharon Waterworks And
- Shawano Lake Sanitary District #1
- Shawano Water And Sewer
- Sheboygan Water
- Sheboygan Tn Of Sanitary Dist #3
- Sheboygan Falls
Where is it going?
This page says how much. It cannot say which accounts, which zones, or which meters. That takes your billing history, your meter reads, and your production data reconciled against each other.
Our Water Loss Recovery Snapshot is three weeks, one flat fee, and the deliverable is a ranked list of specific accounts and zones with dollars and a confidence on each.
See what the Snapshot delivers Email us about Campbell WaterSources and corrections. Every figure above is either filed by the utility or computed from filed figures, and each one says which. If a number here is wrong, it is either wrong in the filing or wrong in our reading of it — tell us which and we will correct the page and say what changed.
- Public Service Commission of Wisconsin, municipal annual report Schedule W-15. Retrieved 2026-09-08 from data/archive/wi-psc-water-audit/2026-09-08-5ef7d6e2fdbd.csv. https://apps.psc.wi.gov/ARS/WEGSqueries/default.aspx