by Glenn Barnes | Jun 24, 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) and debt service coverage ratio (a measure of a system’s ability to pay its...
by UNCEFC | Mar 6, 2015 | Financial Management
In previous posts, we have discussed where to find data to help water and wastewater systems make smart financial and managerial decisions. Another vital data source for any water and wastewater system is its own financial statements, from which systems can...
by Stacey Berahzer | Dec 10, 2014 | Financial Management, Rates
The call came in on a December morning several years ago. When I saw the caller ID said “Santa Claus” I decided not to answer the phone. My thought was “seriously, what will these telemarketers think of next?!?” Later that morning, I noticed that caller had left a...
by Lexi Kay | Oct 16, 2014 | Financial Management, Rates, Utility Management
Water utility governing boards serve a critical role in ensuring the provision of clean, safe drinking water. Governing boards are tasked with making important and complex decisions in line with the utility’s mission, and they ultimately serve to keep water utilities...
by UNCEFC | Sep 10, 2014 | Affordability, Financial Management, Rates
When the five small water systems in Hampton County, South Carolina decided to band together to create the Lowcountry Regional Water System (LRWS), they, like many other small water systems across the country, faced a number of managerial and financial obstacles....