This course Asset Management and Capital Improvement Planning for Small Water Systems Workshop is now offered as an online two-part series, and is recommended to take both parts on the same day. Part 1 will take place from 10:00am to 12:00pm and Part 2 will take place from 2:00pm to 4:00pm. Please follow the link below to register. Please click here if you would like to register for part 2.
For any water utility, even a very small water system, asset management (e.g. water tanks, pumps, computers, buildings, etc.) plays a significant role in the overall financial performance and sustainability of the water system. With proper planning, the useful life of equipment can be extended, emergencies can be avoided, and overall costs will be reduced. A capital improvement plan (CIP) prioritizes the replacement or installation of infrastructure assets. It includes the forecasting and budgeting of capital outlay and is an integral part of the budgeting and rate-setting process for even very small water systems.
Participants will learn how to:
• Inventory assets
• Prioritize projects
• Analyze funding options
• Develop a CIP Reserve Fund
• Budget to support the CIP/Asset Management Plan
For registration questions, contact us at: registration@rcac.org• (916) 447-9832 ext. 1429