Description: Many small utilities are faced with challenges, such as limited revenue and aging infrastructure, as they strive to meet the needs of their communities. In this class, attendees will learn how to apply financial management principles to improve the capacity and sustainability of their drinking water.

The objectives of this training include:

• Exploring finance options for environmental infrastructure projects.
• Understanding how to successfully employ asset management.
• Learning how user rates are calculated.
• Analyzing financial performance of your utility using operating and debt ratios.
• Discussing municipal notes and bonds.

Trainer: John Sullivan, PE, Senior Research Engineer, Great Lakes Environmental Infrastructure Center at Michigan Technological University

Cost: Complimentary.

Continuing Education Units: This training is approved for 0.6 Managerial CECs for Water Operators by Michigan EGLE.

Who Should Attend:

• Managers, owners, and operators of water systems serving less than 10,000 people
• Decision-makers for water utilities, including mayors, finance officers, utility managers, public works directors, city councilors, board members, tribal council members, and clerks
• Consultants and technical assistance providers serving water systems

Partners: