Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Jun. 30, 2025	Sep. 30, 2024
CURRENT ASSETS:
Cash and cash equivalents	$ 2,126,889	$ 894,185
Accounts receivable (less allowance for credit losses of $500,410 and $153,347, respectively)	6,170,064	4,483,739
Inventories	1,923,963	1,799,631
Gas in storage	6,084,281	8,491,490
Prepaid income taxes	1,176,005	2,362,069
Regulatory assets	1,609,701	5,103,910
Interest rate swaps	958,779	871,026
Other	1,546,030	1,066,251
Total current assets	21,595,712	25,072,301
UTILITY PROPERTY:
In service	359,169,601	345,864,008
Accumulated depreciation and amortization	(98,284,856)	(92,462,376)
In service, net	260,884,745	253,401,632
Construction work in progress	9,653,720	8,639,822
Utility property, net	270,538,465	262,041,454
OTHER NON-CURRENT ASSETS:
Regulatory assets	4,327,281	4,445,044
Investment in unconsolidated affiliates	20,876,930	21,057,222
Benefit plan assets	5,359,518	5,416,536
Deferred income taxes	841,163	771,746
Interest rate swaps	576,289	1,191,526
Other	642,635	703,394
Total other non-current assets	32,623,816	33,585,468
TOTAL ASSETS	324,757,993	320,699,223
CURRENT LIABILITIES:
Current maturities of long-term debt	2,534,514	800,000
Line-of-credit	0	11,166,181
Dividends payable	2,142,544	2,050,286
Accounts payable	6,659,129	5,429,703
Customer credit balances	1,013,910	1,915,859
Income taxes payable	76,453	0
Customer deposits	1,492,550	1,488,113
Accrued expenses	3,813,325	4,988,281
Regulatory liabilities	2,941,359	834,278
Other	21,989	25,729
Total current liabilities	20,695,773	28,698,430
LONG-TERM DEBT:
Line-of-credit	4,991,528	0
Notes payable	134,965,486	136,955,000
Unamortized debt issuance costs	(213,624)	(282,092)
Long-term debt, net	139,743,390	136,672,908
DEFERRED CREDITS AND OTHER NON-CURRENT LIABILITIES:
Asset retirement obligations	11,504,134	11,142,095
Regulatory cost of retirement obligations	15,486,948	14,409,847
Benefit plan liabilities	131,568	113,600
Deferred income taxes	1,723,191	1,890,562
Regulatory liabilities	18,882,744	19,326,567
Other	328,927	308,439
Total deferred credits and other non-current liabilities	48,057,512	47,191,110
STOCKHOLDERS’ EQUITY:
Common stock, $5 par; authorized 20,000,000 shares; issued and outstanding 10,323,956 and 10,249,899 shares, respectively	51,619,780	51,249,495
Preferred stock, no par, authorized 5,000,000 shares; no shares issued and outstanding	0	0
Capital in excess of par value	49,091,868	47,988,270
Retained earnings	14,637,929	7,572,439
Accumulated other comprehensive income	911,741	1,326,571
Total stockholders’ equity	116,261,318	108,136,775
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 324,757,993	$ 320,699,223