As a requirement of the Government of Saskatchewan, all municipalities are required to make available for public viewing its waterworks provisions.
The purpose of this information is to help water consumers understand the financial situation of their municipal waterworks and the need for municipalities to work towards waterworks rates that cover costs, including capital costs.
| Waterworks Rate Policy |
| Water Works Capital Investment Strategy |
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The objective of the waterworks (water utility) capital investment strategy is to ensure existing water distribution systems are maintained or replaced and new systems are added, when appropriate, to provide safe drinking water to the users of the Lloydminster water utility. A comprehensive financial forecast specifically designed for all utilities is being developed to support Council’s decision-making. Specifically, the forecast will support the City to maximize available federal and provincial grants, leverage debt strategically, optimize investments, and minimize the impact on rate payers. A 10-year capital plan is also being developed to support the City of Lloydminster’s long-term financial strategy and future capital investments. Further to this, an asset management roadmap followed by a first draft of an asset management plan are anticipated in 2020. |
| Annual Finance Overview |
| Reserves |
| Engineering Waterworks Service Agreements |
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| Capital Infrastructure Plans |
| Current Waterworks Service Agreements |