Waterworks Financial Information
The Cities Regulations Part V.1 were amended in 2006 to require municipalities to provide specific financial information related to City-owned and operated waterworks.
2019 Waterworks Financial Overview:
- Total Waterworks Revenues - $16,282,886
- Total Waterworks Expenditures - $20,314,441
- Total Debt Payments on Waterworks Infrastructure Loans - $2,583,070
- Comparison of Waterworks Revenues to Expenditures plus Debt Payments, expressed as a ratio:
$16,282,886 ÷ ($20,314,441 + $2,583,070) = 0.71
For 2019, Waterworks Revenues covered 71% of Waterworks Expenditures (2018 - 33%).
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