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AWWA ACE68575

AWWA ACE68575 Sustainability through Sound Financial Foundations

Conference Proceeding by American Water Works Association, 11/01/2008

Stannard, William

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This powerpoint presentation states that, in light of the fact of infrastructure rehabilitation costs, a strong and strategic financial plan isthe cornerstone of a utility's long termsustainability. It presents a Financial Planning Framework, statistics from a National RateSurvey, and Residential Charge Trends. Presentation conclusions indicate the following: municipal water utilities are businesses ownedby the citizens of that municipality - managersmust create shareholder value;water utilities require significant investment incapital assets to generate revenue; and,coordinated strategic business planning, assetmanagement, and financial planning will providethe foundation for success. Includes table, figures.

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