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North Carolina | Financial Viability for Water Systems: Dealing with Declining Customers or Demands
750 750 people viewed this event.
Date and Time:
10-29-2018
@ 09:00 AM (EDT)
to
@ 04:30 PM (EDT)
Location:
-
Many small water systems in the state are operating in communities with decreasing average customer water use, declining service populations, or have lost or are at risk of losing large commercial/industrial customers that generate much-needed revenues. As the number or the average use of customers decrease over time, revenues for these small systems decline faster than expenses. This workshop will focus on helping water systems determine whether they face some of these financial difficulties, and strategies on how to mitigate them for a long-term financial viability.
Topics will include:
Resources:
Financial Resiliency Against Declining Demands- All Slides
LGC Fiscal Health
Water Sewer Example
- Trends in service populations and customer demands in NC
- Financial impacts of declining populations and demands on utilities
- How to determine your community’s trends and revenue risk
- Strategies for long-term financial viability in communities with declining populations and demands
