90 Victoria Lane
Aptos, CA
95003

(831) 662-3204
x1... Operations
x2... Billing & Office
x3... General & Board Members

_________________________________________________________________________________________________________________________

Trout Gulch Mutual Water Mission Statement:


Trout Gulch Mutual Water (TGW), a nonprofit mutual benefit corporation, that is member owned and managed. TGW is dedicated to managing water, a precious resource, through production, storage, and distribution in the safest and most cost effective manner possible. Our Board of Directors shall assure good stewardship of company operations entrusted to them by its members and remain transparent with each and every action and activity undertaken. Decisions shall reflect integrity and fairness to all members served.

Friday, January 14, 2011

TGW Financial Reserves

Trout Gulch Water is required to have financial reserves by our lender Santa Cruz County Bank. The following is a breakdown of all reserves:
  • Santa Cruz County Bank Required Reserve................................................ $23,107.30
  • Operations and Maintenance Reserve (SC County Bank)........................ $21,421.83
  • Emergency Reserve (SC County Bank)........................................................ $25,000.00
  • Emergency Reserve (SC County Credit Union).......................................... $1,226.40
  • Total of all reserve accounts..................................................... $70,755.53

No comments:

Post a Comment