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AWWA JTMGT64450
- Removing Politics from Rate-Setting: Birmingham Water Works Board's Rate Stabilization and Equalization Process
- Conference Proceeding by American Water Works Association, 02/01/2007
- Publisher: AWWA
$12.00$24.00
This slide presentation outlines Birmingham, Alabama, Water Works Board's rate stabilization and equalization process. The presentation begins with a general overview of the rate stabilization and equalization (RSE) approach, and outlines the benefits of an RSE and the differences affecting RSE approach. Under the topic of Financial Drivers forRSE Approach, specific topics outlined include: RSE rate adjustment drivers; revenue surplus/deficit; parity debt coverage; total debt coverage; and, maximum annual debt service coverage (MADS). The topic of Rate Change Triggersunder RSE Approach outlines RSE rate decreases and increases, and application of rate changes. RSE Issues andChallenges include: conservatism of Board on budget development; "inflated" capital program will cause arate increase; and, capital financing plan. Includes figures.
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