Rate Setting (California) 053024-10
Event Date & Time5/30/2024 10:00 AM - 5/30/2024 12:00 PM
Times listed are Pacific Time
2 California Drinking Water Continuing Education Units 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:
May 30 | 10:00AM-12:00PM
This training is being held in Pacific Time.
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 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
· How to set rates that are compliant with Proposition 218
Financial Basics Series: The recommended audience includes board members, general managers, financial managers, and operators.
This training will be hosted online on GoToTraining.
Scholarship & Fees:
Rate Setting is a free training to attend.
To receive contact hours for online workshops, each person must be registered with their own email address. An evaluation at the end of the training is also required.
Attendees do not need to participate from their own computer/device for the online trainings. Each attendee will be required to register and complete an evaluation to verify their participation. Prior to session start, a Group Leader will need to inform RCAC (firstname.lastname@example.org
For registration questions, contact:
(916) 447-9832 ext. 1429