Water & Sewer

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.

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 2020 Cost Future Cost*
(5 Years)
Source of Funding
Expand the lagoon at the Greenstreet location unknown $600,000 $662,448 Reserves, Gas Tax Funding, Municipal Taxes
Install Water Meters at Greenstreet and Hillmond 2021 $  70,000 $77,286 Municipal Taxes
Install Reverse Osmosis at Greenstreet unknown $500,000 $510,000
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)

Total 2021 Waterworks Revenues (R) – $68,656.00

Total 2021 Waterworks Expenditures (E) – $174,801.46

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 – $68,656.00 / $174,801.46 + (0) = .39

For 2021, waterworks revenue covered 39% of the waterworks expenditures.

Amount of 2021 waterworks revenue transferred out of the utility, specifying where the revenue was transferred – Zero

Amount of 2021 supplementary funding required to cover the expenditures, specifying the source of the supplementary funding – $106,145.46 from the general revenue fund.

RESERVES

Reserves available for waterworks capital infrastructure as of December 31, 2021: Greenstreet = $41,660.67 Hillmond = $10,117.25

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.

2021 Waterworks Financial Overview Greenstreet

  • Total waterworks Revenue (R) – $46,598.50
  • Total waterworks Expenditures (E) – $133,934.21
  • Total debt payments on waterworks infrastructure loans (D) – $0

Comparison of waterworks revenue to expenditures plus debt payments, expressed as a ratio – $46,598.50 / $133,934.21 + (0) = .35

For 2021, waterworks revenue covered 35% of the waterworks expenditures.

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

  • The Bylaw 24-2022, A Bylaw of the Rural Municipality of Britannia No. 502 to fix the Rates to be charged for Water and Sewer Services.
  • 2021 financial overview of waterworks
  • Waterworks reserves

 

 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.

2021 Waterworks Financial Overview Hillmond

  • Total waterworks Revenue (R) – $22,057.50
  • Total waterworks Expenditures (E) – $40,867.25
  • Total debt payments on waterworks infrastructure loans (D) – $0

Comparison of waterworks revenue to expenditures plus debt payments, expressed as a ratio – $22,057.50 / $40,867.25 + (0) = .54

For 2021, waterworks revenue covered 54% of the waterworks expenditures.

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

  • The Bylaw 24-2022, A Bylaw of the Rural Municipality of Britannia No. 502 to fix the Rates to be charged for Water and Sewer Services.
  • 2021 financial overview of waterworks
  • Waterworks reserves