Project #707

Meeting Future Financing Needs of Water Utilities

$125,345
Completed
Principal Investigator
Charles
Bangert
Research Manager
Joy Shapiro
Contractor
Miller Management Group, Inc.
Utility Management
Finance
Risk Assessment
Rates & Revenue

Abstract

Provides water utilities with a framework for effective financial planning in view of the need for new facility investments or improvements to existing supply systems. Covers strategies for reducing financial risk, enhancing the reliability of revenue streams and cash flow, using innovative rate-making practices to meet financial objectives, and maximizing access to low-cost capital. Also discusses the principal factors used by the investment community to evaluate a utility's credit-worthiness and a template model for utility managers to use to assess their credit-worthiness. Includes small system financing strategies. Published in 1993.

Resources