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I I I I I I I I I I I I I I I FINANCIAL STATUS The town of Starkville has limited finance capabilities. The town has water revenue of 5416 per month from its oper- ation of a water system. Additional funds come from Revenue Sharing and Highway Users' Fund. There is no local sales tax. There is a 77.47 mill levy for school District 1. The town assessed valuation has never been made by the County Assessor, however, an estimate would be about $50,000 similar to Cokedale. The average family income is $5,270 for 42 families of which 23 are Spanish--American. The average income of the minority families is $4,218. This data is for Starkville only and ac- cording to the 1970 census data. PHYSICAL ASSETS The main physical assets of the Town involve the water system consisting of about six miles of 4 inch C.I.P., three storage tanks of 225,000 gallons, 196,000 gallon and 140,000 gallons respectively; one well and a valve house. Operation equipment consists of a WWII jeep. Town site received from County for City Meeting Place. The water lines are in reasonably good condition, being installed in the early 1900's. Valves, fittings, fire hydrants and meters are in very bad condition excepting those at storage tanks and valve house. All storage tanks need cleaning and paint- ing. The two 24' diameter tanks need roofs or other type top enclosures. .. Most of the collection line up Clear Creek is buried less than one foot in depth. On the steep reaches, the shallow depth has not been a problem of either operation or maintenance. One reach near the upper storage tank is a problem because of its sha110wness due to freezing the pipe in extreme cold periods. To fill the storage tank requires closing valves at the valve house, forcing pressure in the line sufficient to put water in 11