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2012 Waterworks Financial Overview

Town of Carnduff

2012 Waterworks Financial Overview

• Total waterworks revenues (R) - $335,990
• Total waterworks expenditures (E) - $287,113
• Total debt payments on waterworks infrastructure loans (D) - $68,283
• Comparison of waterworks revenues to expenditures plus debt payments, expressed as a ratio –
  ($335,990)                             = 94.5%
  ($287,113) + $68,283
  
  - For 2012, waterworks revenues covered 94.5% of the waterworks expenditures

The following additional information is available at the municipal office on the waterworks:

• The June 1, 2006 waterworks rate policy and capital investment strategy
• Capital plans in place and related sources of funding for the projects as set forth in the Five Year Capital Plan of the municipality.
• 2012 financial overview of the waterworks
• Waterworks reserves
• A copy of the 2011 waterworks assessment

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