This workshop will help ensure the financial stability of your water system while providing safe, quality drinking water at fair rates. Topics include all aspects of financial management and planning of a water system fund including rates and rate setting, controlling costs, planning for capital expenses, accessing external funding, tracking and benchmarking financial performance, and other Enterprise Fund issues that small water systems face.
You will learn how to:
1. Assess and monitor financial performance
2. Design appropriate rate structures and set fair rates that cover costs
3. Plan to fund future capital costs
4. Locate external funding sources (loans and grants)
This workshop is designed for local government drinking water system managers, clerks, treasurers, elected officials, and others who budget and/or set rates as well as staff at privately owned water systems who are responsible for finance and management.