Water Finance Forum - Florence, Alabama
Water Rate Setting and Long-Term Fiscal Planning Focusing on Small Water and Wastewater Systems
The Finance Forum was held in Florence, Alabama at the Marriot Shoals Hotel, on July 7, 2017.
The forum was hosted by the Water Infrastructure and Resiliency Finance Center, EPA Region 4, and the Environmental Finance Center at University of North Carolina Chapel Hill (EFC at UNC).
Forum welcome and introductions by Jeff Hughes and Stacey Isaac Berahzer, EFC at UNC; John Covington, U.S. EPA Water Infrastructure and Resiliency Finance Center.
Small Water Utility Finance 101
Benchmarking and Assessing the Financial Condition of the Water System
Session examines the key financial indicators that allow water systems to make informed decisions in planning and investment. In a hands-on exercise, participants learned how to calculate and interpret a water system’s operating ratio, debt service coverage ratio, current ratio, and days of cash on hand. Discusses how funders use these numbers in deciding whether or not to loan systems money needed for capital improvements.