Long Term Capital & Financial Planning for Municipal/Public Water and Wastewater Utilities
September 22-23, 2016 | Phoenix, AZ
In today’s dynamic utility environment, managers face a greater need for capital funding than ever before to pay for new infrastructure, system expansions, renewal and replacement of existing facilities, as well as to meet increasingly stringent environmental regulations and compliance requirements. As federal and state grant funding programs continue to be reduced and/or eliminated, utility managers must focus more attention on planning for the funding of future capital needs and finding alternative sources for capital funding. In addition, they must get creative in developing and securing funding mechanisms that will meet the capital needs of the system while mitigating the rate impact on customers.
This course will address the benefits of effective long-term financial planning, the factors that drive capital expenditure needs (e.g. new customer growth, regulatory compliance, etc), and the common funding sources (both internal and external sources) available for capital projects. In addition, since the utilization of debt has become increasingly prevalent in the public utility industry, it is imperative for managers and directors to become informed and knowledgeable of the process and requirements for issuing bonds. As such, special attention is focused on the types of bonds and how they are incorporated into an effective financial plan. The general intent is to provide utility managers with a clear overview of how to utilize available funding sources to maintain the operational and financial health of the utility system.
- Discuss the evolution of the water and wastewater industry
- Review different types of utility ownership
- Discuss the basic financial elements for a water and wastewater utility (IOU/Muni)
- Explain the basic elements of financial reports for a water and wastewater utility
- Review the need for long term financial and capital planning
- Discuss capital improvement programs and their financial impacts
- Identify common capital funding sources
- Discuss debt funding and rating agencies
- Define basic cost of service approaches
- Identify rate structure types and relative impact on customers
- Review important key performance indicators
- Review the rate design process
EUCI has been accredited as an Authorized Provider by the International Association for Continuing Education and Training (IACET). In obtaining this accreditation, EUCI has demonstrated that it complies with the ANSI/IACET Standard which is recognized internationally as a standard of good practice. As a result of their Authorized Provider status, EUCI is authorized to offer IACET CEUs for its programs that qualify under the ANSI/IACET Standard.
EUCI is authorized by IACET to offer 1.0 CEUs for this Course
Requirements for a Successful Completion of Program
Participants must sign in/out each day and be in attendance for the entirety of the course to be eligible for continuing education credit.
This program will use PowerPoint Presentations, group discussions, as well as active participation.
Thursday, September 22, 2016
8:00 – 8:30 a.m. :: Registration and Continental Breakfast
8:30 a.m. – 4:30 p.m. :: Course timing
12:00 – 1:00 p.m. :: Group Luncheon
Friday, September 23, 2016
8:00 – 8:30 a.m. :: Continental Breakfast
8:30 a.m. – 12:30 p.m. :: Course Timing
Wrap Up and Adjourn
Daryll Parker, Principal Consultant, Willdan Financial Services
As a lifelong Floridian, Mr. Parker resides in Winter Garden, FL, a small city just outside of Orlando. He is a graduate of the University of Florida (Go Gators) where he earned an undergraduate degree in Marketing and an MBA. For more than 22 years, Mr. Parker has been providing consulting services associated with the financial, strategic planning, management, and administrative aspects of water and wastewater utility systems. His professional experience encompasses a wide range of financial and management related issues within the utility industry. He has assisted both private and public utility systems throughout the United States with projects such as:
- Utility Rate Studies (Water, Sewer, Reuse and Stormwater)
- Impact/Capacity Fee Studies
- Financial Feasibility Analyses
- Revenue Bond Issues
- Long Term Capital Funding Plans
- Utility Valuations
- Mergers and Acquisitions
- Cost-of-Service Allocations
- Wholesale Customer Rates
- Water Conservation Structures and Elasticity Effect
Mr. Parker has also made presentations associated with the financial feasibility of capital funding programs to local government commissions, rating agencies such as Moody’s and Standard & Poor’s to assist public utility systems in issuing bonds, improving their credit ratings and lowering their issuance costs. In addition to standard capital funding sources such as revenue bonds and bank loans, Mr. Parker has assisted utility systems in obtaining grants and low-interest loans from such government funding programs as:
- USDA Rural Development, and
- State Revolving Funds
Over the years, Mr. Parker has worked for such nationally recognized consulting firms as Tetra Tech and Black & Veatch, as well as smaller regional firms such as SVBK and Hartman & Associates. In 2005, he decided to utilize his experience at both the national and regional levels to venture into a partnership with 2 long-time colleagues and started Utility Advisors Network, a “boutique” consulting firm specializing in the Southeast region. As the President of the firm, Mr. Parker enjoyed the entrepreneurship and autonomy of business ownership, while learning the challenges that go along with such aspects as marketing, management and cash flow. After more than 9 years of successful operations, the partnership was merged into Willdan, where Mr. Parker and his partners remain as integral members of the management consulting team.
Hyatt Regency Phoenix
111 N 2nd Street
Phoenix, AZ 85004
To reserve your room, please call 1-602-252-1234
Please indicate that you are with the EUCI group to receive the group rate.
The room rate is $199.00 single or double plus applicable taxes.
Room Block Dates:
A room block has been reserved for the nights of September 21 – 22, 2016.
Rate Available Until:
Make your reservations prior to September 7, 2016. There are a limited number of rooms available at the conference rate. Please make your reservations early.