Voters in Stone County Approve Sale of Water System to Missouri American Water

Rhea-AI Summary

Missouri American Water (AWK) received voter approval on November 3 to acquire Stone County Public Water Supply District No. 1's water system. Nearly 78% of district voters supported the sale, exceeding the two-thirds majority required under Missouri law.

The acquisition remains subject to Missouri Public Service Commission approval and financial closing. The company plans to apply before year-end. If approved, approximately 840 water customers would join Missouri American Water. The company committed to invest at least $5 million during the first five years of ownership, with planned work addressing leaks, undersized mains, fire flow capacity and water quality monitoring.

3 points · 0 major

PositiveiHow this balance works

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0 major · 1 point

Hollow bars mark forward-looking points. How the balance works

Positive

• Moderate pointNearly 78% voter approval advances the acquisition, exceeding the two-thirds majority required under Missouri law.
• Minor point. Forward-looking: it has not happened yet and may not happen.Approximately 840 water customers would join Missouri American Water if the acquisition receives regulatory approval.
• Minor point. Forward-looking: it has not happened yet and may not happen.At least $5 million in planned investment during the first five years of ownership would fund water-system improvements.

Negative

• Minor pointMissouri Public Service Commission approval and financial closing remain pending before priority improvements begin.

News Explained

After regulatory approval and financial closing, customers would also gain access to 24/7 emergency support, online account management, and bill-payment assistance programs.

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BRANSON, Mo., Nov. 12, 2026 /PRNewswire/ -- On November 3, customers of Stone County Public Water Supply District No. 1 (PWSD #1) voted to approve the sale of the water system to Missouri American Water. Nearly 78% of voters in the district approved the system sale subject to regulatory approval, well above the two-thirds majority required under Missouri law, according to official election results.

"We are grateful to the customers of PWSD #1 of Stone County for their vote of confidence in Missouri American Water and their support for a stronger water future for their community," said Rebecca Losli, president of Missouri American Water. "This strong show of support allows us to move forward with the investments and expertise needed to improve reliability, strengthen fire protection and address critical infrastructure needs. We look forward to welcoming these customers and delivering the safe, reliable water service they deserve for generations to come."

Following approval by the Missouri Public Service Commission (MoPSC) and the financial closing of the sale, Missouri American Water will begin advancing priority improvements to the PWSD #1 water system, with a commitment to invest at least $5 million during the first five years of ownership. Planned improvements include addressing significant system leaks and water loss, upgrading undersized water mains, improving fire flow capacity, and enhancing water quality monitoring and testing. Customers will also gain access to 24/7 emergency support, online account management and bill payment assistance programs.

"This vote was ultimately about securing the best possible future for the customers we serve," said Jesse Deets, board president or PWSD #1 of Stone County. "Our water system faces significant infrastructure needs that would have been difficult for a district of our size to address. By approving this acquisition, voters opened the door to the expertise and resources needed to improve fire protection, reliability, and provide a more sustainable water system for years to come. I appreciate everyone who took the time to learn about the proposal and make their voice heard."

Missouri American Water plans to submit an application for review and approval of the acquisition to the MoPSC before the end of the year. If the MoPSC approves the acquisition, approximately 840 water customers in Stone County will become customers of Missouri American Water.

About American Water  
American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886 and celebrating 140 years in 2026, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to approximately 14 million people with regulated operations in 14 states and on 19 military installations. American Water's approximately 7,000 talented professionals leverage their significant expertise and the company's national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders.  

For more information, visit amwater.com and join American Water on LinkedIn, Facebook, X and Instagram. 

About Missouri American Water
Missouri American Water, a subsidiary of American Water, is the largest regulated water utility in the state with over 700 dedicated employees working to provide safe, clean, reliable and affordable water and wastewater services to approximately 1.7 million people.

For more, visit missouriamwater.com and follow Missouri American Water on X, Facebook, Instagram, YouTube and LinkedIn.  

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SOURCE American Water

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Has Missouri American Water received approval to acquire the Stone County water system?

District voters approved the sale on November 3, but Missouri Public Service Commission approval remains pending. Nearly 78% voted in favor, above the two-thirds majority required under Missouri law. Missouri American Water plans to submit its application before the end of the year.

How much will Missouri American Water invest in the Stone County water system?

Missouri American Water committed to invest at least $5 million during the first five years of ownership. Following regulatory approval and financial closing, planned improvements include addressing leaks and water loss, upgrading undersized water mains, improving fire flow capacity and enhancing water quality monitoring and testing.