Water & Sewer

ANNUAL WATERWORKS INFORMATION – Hamlet of Greenstreet

ANNUAL INFORMATION TO BE MADE AVAILABLE AT THE MUNICIPAL OFFICE BY SEPTEMBER 1 OF EACH YEAR.

WATERWORKS RATE POLICY

Bylaw 06-2017 was passed regarding the setting of rates for any property to which the service is being provided.

Under the resolution, the water and sewer rate of $35.00 each/month was established.

The objective of the Waterworks rate policy is that we are finding most of our Waterworks infrastructure is getting past its life expectancy. We are currently replacing our Waterworks infrastructure.

 

Please Visit our Bylaw page for more information on Water and Sewer rates and management  http://www.rmbritannia.com/bylaws/

WATERWORKS CAPITAL INVESTMENT STRATEGY

The objective of the waterworks capital investment strategy is to address anticipated waterworks infrastructure maintenance, the immediate drinking water infrastructure problems and future infrastructure replacements in a timely fashion so as to ensure the municipal waterworks provides safe drinking water to residents and businesses.

To cover the costs of future waterworks infrastructure maintenance and replacements, Council will likely need to undertake in the future a combination of increasing water rates to build the waterworks reserves. The capital investment strategy will ensure that safe drinking water can be provided to the residents, businesses, and surrounding rural community in the present and future.

2015 Greenstreet Waterworks/Sewage Financial Overview:

 

  • Total waterworks/sewage revenues                                                                       (R)          $ 29,526.60
  • Total waterworks/sewage expenditures                                                               (E)          $ 68,978.11
  • Total debt payments on waterworks/sewage infrastructure loans            (D)          $         00.00
  • Comparison of waterworks revenues to expenditures plus debt payments, expressed as a ratio:

 

               R                             =             29,526.60             =             0.43

(         E + D           )                             68,978.11

 

Waterworks/Sewage revenues covered 43% of the Waterworks/Sewage expenditures in 2015.

 

RESERVES

Reserves available for waterworks capital infrastructure – $0
The following additional information is available at the Municipal Office on the waterworks:
-The June 30th, 2011, waterworks rate policy and capital investment strategy.
-Capital plans in place and related sources of funding for the projects.
-2013 financial overview of the waterworks.
-Waterworks reserves.
-A copy of the waterworks assessment.

 

 


ANNUAL WATERWORKS INFORMATION – Hamlet of Hillmond

ANNUAL INFORMATION TO BE MADE AVAILABLE AT THE MUNICIPAL OFFICE BY SEPTEMBER 1 OF EACH YEAR.

 

WATERWORKS RATE POLICY

Bylaw 06-2016 was passed regarding the setting of rates for any property to which the service is being provided.

Under the resolution, the water and sewer rate of $35.00 each/month was established.

The objective of the Waterworks rate policy is that we are finding most of our Waterworks infrastructure is getting past its life expectancy. We are currently replacing our Waterworks infrastructure.

 

Please Visit our Bylaw page for more information on Water and Sewer rates and management  http://www.rmbritannia.com/bylaws/

WATERWORKS CAPITAL INVESTMENT STRATEGY

The objective of the waterworks capital investment strategy is to address anticipated waterworks infrastructure maintenance, the immediate drinking water infrastructure problems and future infrastructure replacements in a timely fashion so as to ensure the municipal waterworks provides safe drinking water to residents and businesses.

To cover the costs of future waterworks infrastructure maintenance and replacements, Council will likely need to undertake in the future a combination of increasing water rates to build the waterworks reserves. The capital investment strategy will ensure that safe drinking water can be provided to the residents, businesses, and surrounding rural community in the present and future.

ANNUAL WATERWORKS FINANCIAL OVERVIEW

2015 Hillmond Waterworks/Sewage Financial Overview:

 

  • Total waterworks/sewage revenues                                                                       (R)          $ 18,300.00
  • Total waterworks/sewage expenditures                                                               (E)          $ 58,783.38
  • Total debt payments on waterworks/sewage infrastructure loans            (D)          $         00.00
  • Comparison of waterworks revenues to expenditures plus debt payments, expressed as a ratio:

               R                             =             18,300.00             =             0.31

(         E + D           )                              58,783.38

 

Waterworks/Sewage revenues covered 31% of the Waterworks/Sewage expenditures in 2015.

RESERVES

Reserves available for waterworks capital infrastructure – $0
The following additional information is available at the Municipal Office on the waterworks:
-The June 30th, 2011, waterworks rate policy and capital investment strategy.
-Capital plans in place and related sources of funding for the projects.
-2013 financial overview of the waterworks.
-Waterworks reserves.
-A copy of the waterworks assessment.