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.
2020 Waterworks Financial Overview:
- Total Waterworks Revenues - $16,279,462
- Total Waterworks Expenditures - $24,604,152
- Total Debt Payments on Waterworks Infrastructure Loans - $2,554,192
- Comparison of Waterworks Revenues to Expenditures plus Debt Payments, expressed as a ratio:
$16,279,462 ÷ ($24,604,152 + $2,554,192) = 0.60
For 2020, Waterworks Revenues covered 76% of Waterworks Expenditures (2019 – 71%).