​​​​Total waterworks (not including sewer) revenues (R) – $873,381.00 + ($44,983.50 X 50% = $22,491.50) = $895,872.50

​

Total waterworks (not including sewer) expenditures (E) – ($1,189,189.00 X 50% water/50% sewer) = $594,594.50

​

Comparison of waterworks revenues to expenditures plus debt payments, expressed as a ratio – 1.506695

​

For 2023, waterworks revenues covered 150.6695% percent of the waterworks expenditures.

​

The following additional information is available at the Municipal Office on the waterworks:

• the September 23rd, 2015 waterworks rate policy and capital investment strategy - capital plans in place and related sources of funding for the projects

• 2023 financial overview of the waterworks

• waterworks (and sewer) reserves

• a copy of the 2015 waterworks assessment