Webinar | Budgeting and Capital Improvement Planning for Mutual Water Companies Part 1 of 2 (California)
Webinar OnlyTwo primary tools for a small water system to become and remain viable are developing and maintaining comprehensive budgets and capital improvement plans (CIPs). This workshop will show board members, managers and operators how to develop a budget, including necessary capital improvement needs, methods to balance the budget, and how to review a budget comparison report on a regular basis. It will also show you how to develop a realistic CIP and achieve the goals of the plan through your budget. Participants will learn: How to prepare a budget How to identify revenue and expenses How to develop a CIP How to review the budget comparison report on a regular basis What types of corrective action can be implemented when you have unexpected expenses or falling revenues