Capital Reserve Planning for Mutual Water Companies: The True Cost of Water (California) 022223-10
This event is now closed.


Event Date & Time

2/22/2023 10:00 AM - 2/22/2023 12:00 PM


Times listed are Pacific Time

Thank you for your interest in this training. Unfortunately, we have closed registration because either the deadline has passed or there are capacity limitations.  Please see our trainings list for other available trainings.


Capital Reserve Planning for Mutual Water Companies: The True Cost of Water



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 Capital Reserve Planning for Mutual Water Companies: The True Cost of Water will be held on the following date:

February 22 | 10:00AM-12:00PM



It is becoming all too common for water systems to experience system failures resulting in outages or non-compliance issues caused by the underfunding of reserves. One method to avoid these issues is to plan for the future and to fund reserves. This workshop will educate mutual water company directors, board members, managers and operators about the reserves required by AB54. Attendees will learn how to plan for the true cost of water by understanding how to develop a capital improvement plan (CIP) to replace water system components prior to failure.


Participants will learn:

·        AB54 requirements for financial reserve funds

·        What a CIP is

·        Resources for planning and developing a CIP

·         How to prioritize projects

·        What is needed to update a CIP

·        How a CIP ties into other important documents, policies and budgets


Board Basics Series: The recommended audience includes mutual water company directors, board members, managers, financial managers and operators.


This training will be hosted online on GoToTraining.


Scholarship & Fees:

The Capital Reserve Planning for Mutual Water Companies: The True Cost of Water is a free training. 



In order to receive contact hours for online workshops, each person must be registered with their own email address & complete an online survey at the end of the training.


Are you attending as a group, but not watching from your own computer?

Attendees do not need to participate from their own computer/device for the online trainings, but will need to complete an evaluation to receive credit. Your group leader will need to inform RCAC ( about attendees who will view sessions as a group prior to session start. Please note that sign-in sheets NO LONGER validate attendance at online workshops.


For event content questions, contact:
Kimberley Bennett

(916) 508-3031


For registration questions, contact:
RCAC Events
(916) 447-9832 ext. 1429

Funding for this project has been provided in full or in part under the Safe & Affordable Funding for Equity & 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 & policies of the foregoing, nor does mention of trade names or commercial products constitute endorsement or recommendation for use.