Course Description:
Having the ability to calculate utility rates accurately is an important consideration for municipalities. Learn the fundamentals of the development of utility rates and how to utilize the utility rate methodology.
Learn about the business model associated with utilities. This webinar will cover advanced theory related to utility rate modeling, providing the viewer with the knowledge required to build an accurate utility rate model for a municipality.
Learning Outcomes:
- Learn the basic concept of a utility and the criteria used to determine a service is a utility.
- Learn about the business model associated with utilities.
- Learn the fundamentals of the development of utility rates and how to utilize the utility rate methodology.
- Learn what utility regulations cover and how they protect the consumer.
- Learn how capital assets impact utility rates.
- Learn how to develop a model that can be updated annually to ensure rates cover costs and future capital requirements.
Who Should Attend?
A unique professional development experience that has benefit for all municipal staff, including small, medium and large municipalities!
Elected officials, CAOs, planners, and finance officers will benefit from having a fundamental understanding of all financial processes.
Currently available ON DEMAND
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