Money Management: A Planned Approach to Rate Setting

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Do you really need to increase rates? Good financial management at your water system will provide the information 
needed to answer this question, as well as ensure that the 
utility is operated as a financially sustainable enterprise while 
providing safe and reliable water to your utility’s customers. 
Decision makers have many important financial responsibilities, including establishing financial policies, planning for the 
system’s financial future, preparation and adoption of budgets, 
monitoring and over-sight of financial performance, and ensuring accountability and integrity of the financial system. This 
workshop will show board members, managers and operators 
how good financial management leads to fair user rates with 
budgets based on true costs.

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Credit Hours