by Dawn Nall | Mar 16, 2017 | Energy Management
For many water systems, the electric (or energy) bill is one of the largest expenses regularly incurred by the water utility. It is also one of the most controllable expenses a water utility will have. Most energy providers charge different rates for different types...
by Jeff Hughes | Jan 11, 2017 | Access to Wastewater Funding Sources, Access to Water Funding Sources
What is WIFIA? WIFIA stands for the Water Infrastructure Finance and Innovation Act, the name of the federal act that authorized an interesting new federally managed water and wastewater infrastructure funding mechanism. WIFIA includes both direct loans and a new...
by Stacey Berahzer | Jun 20, 2016 | Financial Management
Water and Wastewater utilities receive “credit ratings” just as a private individual has a FICO® score. While organizations like the Fair Isaac Corporation calculate personal credit scores, for entities like local government utilities, the three groups that generate...
by Nicholas Willis | Mar 14, 2016 | Asset Management, Utility Management
Most of the time water and sewer professionals focus on the day-to-day tasks of operating a utility. But how involved should utilities be in advancing the growth of their community? How does community development fit within the utility’s role to provide critical...
by Glenn Barnes | Oct 1, 2015 | Financial Management
In previous posts, we outlined how to use the financial statements of a water or wastewater system to calculate the key financial indicators of operating ratio (a measure of self-sufficiency), debt service coverage ratio (a measure of a system’s ability to pay its...