Puerto Rico | Financial Management Workshop for Small Water Systems

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Date/Time
Date(s) - 06/16/2015 - 06/18/2015
All Day
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Location
Universidad de Puerto Rico

Categories

Funding CoordinationCayey: Universidad de Puerto Rico,
205 Avenida Antonio R. Barceló,
Cayey, PR 00736 – June 16

Ponce: Pontificia Universidad
Católica, 2250 Boulevard Luis A. Ferré
Aguayo Ponce, Puerto Rico – June 17

Arecibo: Universidad de Puerto
Rico, Carr. 653 Km. 0.8 Sector
Las Dunas, Arecibo PR 00614 – June 18

Participants received a certificate of completion at the end of the workshop.

Attendees Learned:

  • The cost to the water system to maintain compliance with regulations, repair, and maintain the system;
  • Ways to share resources with systems in the same area to reduce costs;
  • How to create a balanced budget, and creating the revenue needed to balance the budget, including the need to -charge water rates and how to adjust those rates over time;
  • Information on how to build community support and communicate to water customers that they should pay for this service;
  • Programs to address affordability concerns for customers;
  • Methods of raising revenue, such as connection fees; and
  • Financing options such as loans, grants, and private donations.

This workshop was designed for water systems serving 10,000 or fewer customers, though systems of any size may attend.