CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
ASSETS
Utility plant, at original cost (less accumulated depreciation - 2024 - $192,253; 2023 - $185,170)	$ 747,186	$ 714,284
Current assets
Cash and cash equivalents	1,147	2,505
Accounts and other receivables (less provision for expected credit loss 2024 - $343; 2023 - $328)	11,339	12,830
Income tax receivable	624	1,799
Unbilled operating revenues	1,861	1,934
Materials and supplies	4,278	5,983
Prepaid property taxes	2,188	2,269
Prepaid expenses and other	3,091	3,297
Total current assets	24,528	30,617
Other assets
Non-utility property (less accumulated depreciation - 2024 - $1,116; 2023 - $1,052)	3,603	3,693
Other deferred assets	6,525	8,504
Goodwill	1,939	1,939
Operating lease right of use assets	414	506
Total other assets	12,481	14,642
Regulatory assets, net	14,428	7,289
Total assets	798,623	766,832
Stockholders' equity
Common stock	10,300	10,285
Preferred stock	0	0
Additional paid-in capital	143,920	143,369
Retained earnings	84,969	76,743
Total stockholders' equity	239,189	230,397
Long-term debt, net of current portion	176,509	178,307
Total stockholders' equity and long-term debt	415,698	408,704
Current liabilities
Lines of credit	0	0
Current portion of long-term debt	2,167	2,235
Accounts payable	11,228	9,697
Accrued expenses	5,336	3,519
Overdraft payable	31	9
Accrued interest	930	2,275
Income taxes payable	500	2
Customer and other deposits	3,347	2,983
Other	2,054	1,694
Total current liabilities	25,593	22,414
Commitments and contingencies
Deferred credits and other liabilities
Net advances for construction	1,582	2,797
Operating lease liabilities	404	503
Regulatory liabilities	30,267	25,676
Deferred investment tax credits	409	423
Deferred income taxes	52,265	58,381
Total deferred credits and other liabilities	84,927	87,780
Net contributions in aid of construction	272,405	247,934
Total Liabilities and Stockholders' Equity	$ 798,623	$ 766,832