| Total waterworks revenue (R) | $226,501 |
| Total waterworks expenditures (E) | $142,306 |
| Total debt payments on waterworks infrastructure loans (D) | $44,032 |
Comparison of waterworks revenues to expenditures plus debt payments, expressed as a ratio: R/(E+D)
$226,501/$186,338 = 1.22
For 2023, waterworks revenues covered 100% of the waterworks expenditures, with excess revenue put into a premium investment to be used for future repairs, replacement or expansion of our water system. The new well that was drilled was paid from the waterworks reserves.
As of December 31, 2023, the Town of Yellow Grass’s waterworks reserve is $115,282.49.
The following additional information is available at the municipal office:
- 2023 Waterworks Rate Policy and Capital Investment Strategy
- 2023 Financial Overview of the Waterworks
- 2023 Waterworks Reserves