Managing Finances & Cost of Service

By JP Joly

1. Every water and sewer utility needs a financial plan.

Every water and sewer utility are unique with their operational costs, maintenance routines, timing of repairs and prioritization of asset replacements.

2. Remote work and access to financial planning are here to stay.

Remote access to water and sewer financial models and web-based platforms to optimize rates, with the ability to demonstrate visually the costs to customers of infrastructure upgrades to remain financially sustainable, is a fundamental fiscal duty.