Rate Setting for Small Water Systems (California) 120821-10
Event Date & Time12/8/2021 10:00 AM - 12/8/2021 12:00 PM
Times listed are Pacific Time
Rate Setting for Small Water Systems
2 California Drinking Water Contact Hours awarded
Contact Hours have been approved for the Registered Environmental Health Specialist Program.
Certificates will be available through your profile.
Date & Time:
The Rate Setting for Small Water Systems training will be held on the following date:
December 8 | 10:00AM-12:00PM
Do you really need to increase rates? Improved understanding of financial reports will help you answer this question. The goal of good financial management is to ensure that the utility is operated as a financially sustainable enterprise, while providing safe and reliable water, both in the short- and long-term.
To remain viable, all public water systems need to acquire and manage sufficient financial resources to achieve and maintain compliance with regulatory requirements. One primary tool to become and remain viable is developing and maintaining a comprehensive budget. This workshop will show board members, managers and operators how to develop a budget, identify revenues and expenses, methods to balance the budget, and how to review a budget comparison report on a regular basis.
Participants will learn:
· How to prepare for a budget
· How to identify revenue and expenses
· How to identify fiscal policies to assist with balancing the budget
· How to review the budget comparison report on a regular basis
· How to establish a rate structure based on the true cost of producing and delivering water
· Who must adhere to Prop. 218 and how to adhere to it
The recommended audience includes utility general managers, board members, operators, financial consultants and financial analysts for small water systems.
This training will be hosted online on GoToTraining.
Scholarship & Fees:
The Rate Setting for Small Water Systems training is a free training.
Are you attending this training as a group and not watching from your own computer? If so, your group leader will need to inform RCAC (email@example.com) about attendees who will view sessions as a group prior to session start. You do not need to participate from your own computer/device, but will need to complete an evaluation to receive credit and contact hours. Please note that sign-in sheets NO LONGER validate attendance at online workshops.
For registration questions, contact:
(916) 447-9832 ext. 1429
Funding for this project has been provided in full or in part under the Safe and Affordable Funding for Equity and Resiliency (SAFER) Drinking Water Program through an agreement with the State Water Resources Control Board. The contents of this document do not necessarily reflect the views and policies of the foregoing, nor does mention of trade names or commercial products constitute endorsement or recommendation for use.