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The Importance of Utility Fiscal Policies

Thursday, May 14, 2020
11 AM - 12 PM
Cost: $35
Credits Available: 1.0 CPE - see below
 

REGISTER  

Registration closes Wednesday, May 13 at 12 PM. This webinar will be recorded, and all preregistered attendees will receive a link to view the recording. Read about scholarship opportunities.


Webinar Overview

The basic framework for evaluating utility revenue needs includes sound fiscal policies. Some policies that are important for utility rate-making have to do with operating reserves, capital reserves, planned rate-funded capital replacement, and debt management. In addition to reviewing theory and practical applications, this webinar will provide examples to help utility staff practically apply and evaluate fiscal policy achievement.


Educational Objectives

This webinar will provide practical examples to give participants an understanding of how to form their own utility financial policies. Participants will learn what data is needed to calculate reserve policies, what policies they should consider for their utilities, and what templates are available for calculation.


Who Should Attend?

Accountants, finance directors, financial/budget/rate analysts, utility board/councilmembers and management, and any other stakeholder interested in the utility's overall financial sustainability.


Presenters

  • Tage Aaker, Project Manager, FCS Group. Tage has 10 years of consulting experience in utility rate studies, rate modeling, utility valuations, government fee development, cost recovery programs, and economic analysis for clients in Washington, Oregon, Nevada, Alaska, California and Canada. Tage specializes in developing sophisticated yet practical Excel-based rate modeling tools to calculate full cost-of-service, determine cost-benefit of alternatives and improve user experience through dashboards and calculators.
  • Toni Nelson, Finance Consultant, MRSC. Toni will be the moderator for this webinar. She began working for MRSC in 2014. Her background in governmental accounting is extensive, with over 24 years in the public sector, including time at the Washington State Auditor’s Office and service as the Clerk/Treasurer for the Town of Twisp. She established a focus for "Cash Basis" accounting and reporting while with the State Auditor’s Office that carried into educational classes and on-site training.

Credits

Refund policy: Refunds of the webinar fee will be provided minus a $5.00 administrative fee if registration is canceled by 12 PM on Wednesday, May 13. If you are registered for the webinar and unable to attend, you will still be able to view the recorded webinar afterwards. However, if you cancel your registration, you will not receive a link to the recording.


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