Battleford sees consistent surplus in yearly waterworks financial review
The town of Battleford has released its Waterworks financial review for the 2020 calendar year, which shows the community sits in good standing when it comes to utility expenses.
Utility revenues, such as connection fees, sale of water, sewer service charges, and infrastructure fees, among other things, totalled $1,520,875.
Utility expenses, which include electricity, telephone, gas and water costs, staffing and supplies expenses, and maintenance costs, to name a few, came out to $1,333,470; revealing an overall $187,395 utility surplus.
However, that doesn’t mean the town is going to spend the surplus right away. Mayor Ames Leslie said waterworks/utilities are handled as a stand-alone, neutral entity within the municipality, to ensure finances are available should the town need them in an emergency or pressing circumstance down the road.