Description: In this 1-hour webinar, experts from the Great Lakes Environmental Infrastructure Center (GLEIC) will discuss how to conduct a financial analysis of your utility in developing budgets and rates.
Learning Objectives:
- Analyze revenue and expenses for budget development
- How to effectively develop water and wastewater rates
- Calculate affordability metrics
- Develop annual reserve fund contributions toward future projects and asset management replacement
- Use financial ratios to track financial viability
- Consider workforce and maintenance needs for budget development
- Predict future financial factors that can impact utility costs through provided resources and methods
Presenter: John Sullivan, Senior Research Engineer, Great Lakes Environmental Infrastructure Center at Michigan Technological University
Certificate: This webinar has NOT been submitted for approval of continuing education credit. We can provide a certificate of attendance to eligible attendees, but cannot guarantee it will meet your PDH or CEU requirements.
- Managers, owners, and operators of water systems serving less than 10,000 people, or wastewater systems with an average daily flow of less than 1 million gallons
- Decision-makers for water and wastewater utilities, including mayors, finance officers, utility managers, public works directors, city councilors, board members, tribal council members, and clerks
- Consultants and technical assistance providers serving water and wastewater systems
