Rate Setting (California) 122023-10

Rate Setting

Accreditation:

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 training will be held on the following date and time:

December 20 | 10:00AM-12:00PM 

This training is being held in Pacific Time. 

Description: 

Often, many small water systems recover their operating costs but are not able to fund reserves and other balance sheet obligations through their customer rates. Water rates should recover the “true costs” of providing the service. Many systems’ governing bodies and management lack basic understanding of how much money needs to be collected from customer rates to recover operating costs and fully fund debt service and reserve account funding.

This training will be presented to provide attendees with working knowledge and emphasize tools/resources available to understand how to develop an adequate rate structure to provide the ability to meet short-term and long-term financial obligations. Finally, the workshop will cover the latest interpretations of Prop. 218 procedures and limitations in setting customer rates in California.

Participants will learn:

·        How to determine if a rate adjustment is necessary

·        The four basic types of rate structures 

·        How to calculate base and flow rates

·        To calculate base rates according to meter size

·        Setting rates that are compliant with Proposition 218

Financial Basics Series: The recommended audience includes board members, general managers, financial managers, and operators.

Location:

This training will be hosted online on GoToTraining. 

Scholarship & Fees:

Rate Setting is a free training to attend. 

Registration:

You must be registered prior to the date of the close of registration to receive credit. 

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 (registration@rcac.org) about attendees who will view sessions as a group prior to session start. The group leader will forward the evaluation to each person who is watching in the group to their email address. Each person must email the evaluation back to RCAC. Each attendee must be registered with their own email. Please note that sign-in sheets NO LONGER validate attendance at online workshops.

For event content questions, contact:
Mary Fleming
mfleming@rcac.org
(916) 549-6338

For registration questions, contact:
RCAC Events
registration@rcac.org
(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.

RCAC is an equal opportunity provider, employer , and lender.