2019 Waterworks Financial Overview

  • Total waterworks revenue for 2019: $177,400
  • Total waterworks expenditures for 2019: $211,174
  • Total debt payments on waterworks infrastructure loans: $0
  • Comparison of waterworks revenue to expenditures plus debt payments expressed as a ration .84

In 2019 waterworks revenue covered .84 percent of the waterworks expenditures

There were no waterworks revenue transferred out of the utility. The rates were raised in 2017 to help pay for the capital expenditures and were raised again in 2018.

RESERVES
There is $68,525 in reserves available for waterworks capital infrastructure.

ATTACHMENTS
2005 Waterworks System Assessment
2011 Waterworks System Assessment
2015 Waterworks System Assessment
Capital infrastructure plans in place with sources of funding as above.

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