AWWA JAW69825

These days, utility managers face tougher financialdecisions than ever. Faced with the need to moveforward with capital programs in a period whererevenues are less certain because of reduced developmentand declining use by customers, utility managerscan turn to proactive financial management toidentify a sound financial path forward. Using thestrategies of enhanced prioritization, strategic financialplanning, cost of service and rate studies, optimizationof operation and maintenance expenses,and exploring outside funding, managers can reducetheir financial uncertainties and manage risk.This article helps utility managers figure outwhat their most critical activities are and presentsstrategies that help identify reliable funding streamsso those endeavors can proceed. In this article utilitymanagers will find help coping with the morecomplex financial climate most find themselves inas well as case studies that show the benefits of thestrategies that are presented. Includes 4 references, tables, figures.

Product Details

Edition:

Vol. 101 - No. 4

Published:

04/01/2009

Number of Pages:

7

File Size:

1 file , 780 KB