WATER & SEWER
Links:
Bylaw 02-2022 Management and Administration of Water and Sewer Utilities
Bylaw 01-2023 Rates to be Charged for Water Use and Sewer Service
WATERWORKS CAPITAL INVESTMENT STRATEGY
On June 14, 2017, Council passed a resolution regarding the implementation of a 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. The strategy uses the 2015 waterworks system assessment that was required by Saskatchewan Environment for infrastructure planning.
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, and attempt to cover the waterworks operating costs, and long-term borrowing.
The Capital investment strategy will ensure that safe drinking water can be provided to the residents and businesses in the community presently and in the future.
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Capital plans have been established to address the waterworks infrastructure deficiencies and replacements as identified and prioritized in the 2015 waterworks assessment to ensure safe drinking water. The current waterworks capital plans and planned sources of funding are as follows:
| Project | Planned year of Completion | Original Estimate | Future Cost* (5 Years) | Actual Cost | Source of Funding |
| Expand the lagoon at the Greenstreet location | 2024 | $600,000 | $662,448 | Reserves, Gas Tax Funding, Municipal Taxes | |
| Install Water Meters at Greenstreet and Hillmond | Completed 2023 | $70,000 | $59,425.91 | Municipal Taxes | |
| Install Reverse Osmosis at Greenstreet | Completed 2023 | $500,000 | $525,706.25 | Municipal Taxes, Reserves, Grant | |
| Replace sewer line at Hillmond | unknown | $150,000 | $165,512 | Municipal Taxes |
*Assuming a 2% rate of inflation per year
For future waterworks capital plans, projects will be prioritized based on what is needed to ensure safe drinking water.
ANNUAL FINANCIAL OVERVIEW (OF PREVIOUS CALENDAR YEAR) - UPDATED AUGUST 31, 2023
Total 2022 Waterworks Revenues (R) - $69,904.74
Total 2022 Waterworks Expenditures (E) - $473,148.32
Total debt payments on waterworks infrastructure loans (D) – zero (no waterworks debt)
Comparison of waterworks revenue to expenditures plus debt payments, expressed as a ratio - $69,904.74 / $473,148.32 + (0) = .15
For 2022, waterworks revenue covered 15% of the waterworks expenditures.
Amount of 2022 waterworks revenue transferred out of the utility, specifying where the revenue was transferred – Zero.
Amount of 2022 supplementary funding required to cover the expenditures, specifying the source of the supplementary funding - $80,154 from Government SCF Grant and $323,089.50 from the general revenue fund.
RESERVES
Reserves available for waterworks capital infrastructure as of December 31, 2022: Greenstreet = $52,472.67 Hillmond = $12,737.25
Water/Sewer General Reserve = $855,783.13
ATTACHMENTS
Attached is the 2015 waterworks system assessment, as required under section 35 of The Water Regulations, 2002.
| GREENSTREET ANNUAL INFORMATION PROVIDED DIRECTLY TO THE PUBLIC THROUGH THE MUNICIPAL WEBSITE. The following is information on the Rural Municipality of Britannia No. 502 waterworks, as required under The Municipalities Regulations. 2022 Waterworks Financial Overview Greenstreet
Comparison of waterworks revenue to expenditures plus debt payments, expressed as a ratio - $47,508.74 / $414,208.91 + (0) = .11 For 2022, waterworks revenue covered 11% of the waterworks expenditures. The following additional information is available at the municipal office on the waterworks:
| HILLMOND ANNUAL INFORMATION PROVIDED DIRECTLY TO THE PUBLIC THROUGH THE MUNICIPAL WEBSITE. The following is information on the Rural Municipality of Britannia No. 502 waterworks, as required under The Municipalities Regulations. 2022 Waterworks Financial Overview Hillmond
Comparison of waterworks revenue to expenditures plus debt payments, expressed as a ratio - $22,396.00 / $58,939.41 + (0) = .38 For 2022, waterworks revenue covered 38% of the waterworks expenditures. The following additional information is available at the municipal office on the waterworks:
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