Financial Management

Alabama Bankruptcy Offers Insight to Affordability of Water and Sewer Bills

Posted by on August 11, 2011 at 6:12 pm

We’ve said before that affordability is going to be one of the primary challenges faced by water and sewer utility managers in the coming years (Why Affordability is the New Challenge for Water and Sewer Utility Owners, July 2010).  The story that is unfolding in Jefferson County, Alabama (home to Birmingham) sheds some light on [...]

StepWise Releases Free 5-Point Checkup

Posted by on August 9, 2011 at 12:56 pm

We are glad to announce today that we’ve released a free service from our website that will allow water and sewer utility managers to receive a free 4-page report of their utility’s financial health. Our free 5-point checkup will give you a broad overview of your financial position in direct comparison to median benchmarks from [...]

Best Summary of Plight of Small Utility Systems

Posted by on August 8, 2011 at 11:03 am

Readers of this blog know by now that the financial impact of water and sewer infrastructure needs in local communities is a big one.  For moderately sized utilities, the impact is big enough, for very small utilities, the impacts can be completely unmanageable as seen in the below linked article from The News Star in [...]

The Huge Difference Between Federal and Local Government Debt

Posted by on July 31, 2011 at 8:10 pm

With all the discussion right now over the federal debt ceiling, the topic of government debt has rightfully been placed in the public square for debate.  Regardless of your position on the federal debt ceiling or on the federal budget deficit in general, it is a fallacy to equate all government debt as having been [...]

Benefits of Financial Health

Posted by on July 21, 2011 at 2:38 pm

Water and wastewater utilities in the public sector are often under fire for increasing rates, but strong financial health is becoming more and more important in today’s changing credit markets.  Access to credit for utilities is as vital as it is to any business, and maybe more so due to the capital intensive nature of [...]

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