Financing Your Small Water System: Budgeting & Rates Setting Date & Time: August 3, 2022 | 8:30 AM - 3:30 PM Location: Red Lion Hotel Redding (1830 Hilltop Drive Redding, California 96002) Description: If you are a board member, manager or operator, it is important to understand the budgeting process and what it means for you. Budgets impact our daily work and understand how to build them, analyze them and use them to plan can shape our systems. Understanding the budget allows us to maximize resources and justify our rates, especially when an increase in rates is necessary. From the budget, rates can be calculated that satisfy the utility's revenue needs. This is a free training. Participants will learn: Evaluate budget and financial indicators Develop a prioritized capital improvement plan Create a budget to sustain that CIP Use these tools to determine revenue needs Set rates in California Prop. 218 processes Who Should Attend?: The recommended audience includes board members, managers and operators.  Accreditation: 6 California Drinking Water Contact Hours awarded. Contact hours have been approved for the Registered Environmental Health Specialist Program. Certificate will be awarded.