Description: In this 1-hour webinar, experts from the Great Lakes Environmental Infrastructure Center (GLEIC) will discuss how to conduct a financial analysis of your utility in developing budgets and rates.

Learning Objectives: 

• Analyze revenue and expenses for budget development
• How to effectively develop water and wastewater rates
• Calculate affordability metrics
• Develop annual reserve fund contributions toward future projects and asset management replacement
• Use financial ratios to track financial viability
• Consider workforce and maintenance needs for budget development
• Predict future financial factors that can impact utility costs through provided resources and methods

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

Certificate: This webinar has NOT been submitted for approval of continuing education credit. We can provide a certificate of attendance to eligible attendees, but cannot guarantee it will meet your PDH or CEU requirements.

• Managers, owners, and operators of water systems serving less than 10,000 people, or wastewater systems with an average daily flow of less than 1 million gallons
• Decision-makers for water and wastewater 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 and wastewater systems

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