Florida Rural Water - 2020-2021 Membership Directory - 72

FRWA Membership Drinking Water Services
8. ~ WATER SYSTEM
FINANCIAL REQUIREMENTS
Effective Water System Financial Capacity ~
FRWA Water Circuit Riders can assist your
system with effective financial capacity.
Financial Capacity refers specifically to
having appropriate accounting practices and
financial planning to ensure current and future
compliance. For many utilities, this emphasis
on financial capacity will require additional
management training. FRWA can provide
training to develop and improve FRWA can
provide training for effective utility leadership
and recommend ways to develop and improve
financial capacity.
	 ■	Budgeting
	 ■	Financial Planning & Reserves/Contingencies
	 ■	Capital Improvement Plans & Fiscal
Sustainability
	 ■	Rates, Impact Fees & Revenue Needs
	 ■	Water System Funding & Sources
	 ■	Financial Capacity
	 ■	Revenue Sufficiency
	 ■	Full life-cycle cost recovery
	 ■	Capital financing
	 ■	Affordability & Customer diversity
	 ■	Credit Worthiness
	 ■	Financial health
	 ■	Ability to service debt
	 ■	Fiscal Management & Controls

72	

	
	
	

	Budget
	Accounting system
■	Cash management
■
■

Rate Studies ~ FRWA Financial/Management
Circuit Riders prepare system specific utility
rate studies based on full cost pricing
and the rational nexus approach. FRWA
uses contemporary industry standards for
recommending and establishing utility
rates, these include: American Water Works
Association (AWWA) Manuals of Practice,
Generally Accepted Accounting Principles
(GAAP), Governmental Accounting Standards
Board (GASB34), and Florida Public Service
Commission guidelines. FRWA presents the rate
study findings and recommendations to the
decision-makers (Council/Board/Commission)
and will defend our findings as necessary. FRWA
advocates for syncing water rates to annual
verifiable cost-of-living adjustments (example:
the Florida Public Service Commission Price
Index1 to automatically adjust rates annually).
We recommend that water systems reinvest
in vital infrastructure and strongly discourage
transfers out of the enterprise fund.
Impact Fee Studies ~ FRWA Financial/
Management Circuit Riders assist systems
with Impact/Capacity Fees studies
presents the impact fee study findings and
recommendations to the decision-makers
(Council/Board/Commission. Impact Fees
are one-time charges assessed to the new
development or connections to reimburse
utility systems for costs to supply water, collect,
treat, and dispose of wastewater. Impact Fees
are proportional to the capacity set aside for
the new development or connection. In some
systems these charges are sometimes called
Capacity Fees while others may be
called Benefit Assessments, User Fees,
Contributions In Aid of Construction (CIAC),
or Connection Charges.
Florida Rural Water Association



Florida Rural Water - 2020-2021 Membership Directory

Table of Contents for the Digital Edition of Florida Rural Water - 2020-2021 Membership Directory

About FRWA
FRWA Videos
FRWA Board of Directors & Staff
FRWA Staff Contacts
Products & Services Showcase
FRWA Personnel by Region
Emergency Response Equipment
Engineering Services for FRWA Members
FRWA Engineering Sub-Consultants
FRWA Financial & Management Services
FRWA Source Water and Wellhead Protection Plans
FRWA Mapping
Careers in Water and Wastewater
Curtis E. Lloyd Scholarship Endowment
Utility Management Certification
FRWA’s Policy on CEUs and PDHs
Online Operator Training
FRWA Membership Drinking Water Services
FRWA Membership Wastewater Services
FRWA Source Water/Groundwater Services
Active Members
Florida Financing Programs
Active Membership Application
2020 FRWA Annual Training and Technical Conference
Associate Members
Associate Members by Category
Associate Membership Application
Phone Numbers of Interest
Federal Legislative Phone Numbers
Index to Advertisers
Florida Rural Water - 2020-2021 Membership Directory - intro
Florida Rural Water - 2020-2021 Membership Directory - ebelly1
Florida Rural Water - 2020-2021 Membership Directory - ebelly2
Florida Rural Water - 2020-2021 Membership Directory - cover1
Florida Rural Water - 2020-2021 Membership Directory - cover2
Florida Rural Water - 2020-2021 Membership Directory - 3
Florida Rural Water - 2020-2021 Membership Directory - 4
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Florida Rural Water - 2020-2021 Membership Directory - 7
Florida Rural Water - 2020-2021 Membership Directory - 8
Florida Rural Water - 2020-2021 Membership Directory - About FRWA
Florida Rural Water - 2020-2021 Membership Directory - 10
Florida Rural Water - 2020-2021 Membership Directory - 11
Florida Rural Water - 2020-2021 Membership Directory - 12
Florida Rural Water - 2020-2021 Membership Directory - 13
Florida Rural Water - 2020-2021 Membership Directory - 14
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Florida Rural Water - 2020-2021 Membership Directory - 16
Florida Rural Water - 2020-2021 Membership Directory - 17
Florida Rural Water - 2020-2021 Membership Directory - FRWA Videos
Florida Rural Water - 2020-2021 Membership Directory - 19
Florida Rural Water - 2020-2021 Membership Directory - 20
Florida Rural Water - 2020-2021 Membership Directory - FRWA Board of Directors & Staff
Florida Rural Water - 2020-2021 Membership Directory - 22
Florida Rural Water - 2020-2021 Membership Directory - FRWA Staff Contacts
Florida Rural Water - 2020-2021 Membership Directory - Products & Services Showcase
Florida Rural Water - 2020-2021 Membership Directory - 25
Florida Rural Water - 2020-2021 Membership Directory - 26
Florida Rural Water - 2020-2021 Membership Directory - FRWA Personnel by Region
Florida Rural Water - 2020-2021 Membership Directory - 28
Florida Rural Water - 2020-2021 Membership Directory - 29
Florida Rural Water - 2020-2021 Membership Directory - 30
Florida Rural Water - 2020-2021 Membership Directory - Emergency Response Equipment
Florida Rural Water - 2020-2021 Membership Directory - 32
Florida Rural Water - 2020-2021 Membership Directory - Engineering Services for FRWA Members
Florida Rural Water - 2020-2021 Membership Directory - 34
Florida Rural Water - 2020-2021 Membership Directory - 35
Florida Rural Water - 2020-2021 Membership Directory - FRWA Engineering Sub-Consultants
Florida Rural Water - 2020-2021 Membership Directory - 37
Florida Rural Water - 2020-2021 Membership Directory - 38
Florida Rural Water - 2020-2021 Membership Directory - 39
Florida Rural Water - 2020-2021 Membership Directory - FRWA Financial & Management Services
Florida Rural Water - 2020-2021 Membership Directory - FRWA Source Water and Wellhead Protection Plans
Florida Rural Water - 2020-2021 Membership Directory - 42
Florida Rural Water - 2020-2021 Membership Directory - 43
Florida Rural Water - 2020-2021 Membership Directory - 44
Florida Rural Water - 2020-2021 Membership Directory - FRWA Mapping
Florida Rural Water - 2020-2021 Membership Directory - Careers in Water and Wastewater
Florida Rural Water - 2020-2021 Membership Directory - Curtis E. Lloyd Scholarship Endowment
Florida Rural Water - 2020-2021 Membership Directory - 48
Florida Rural Water - 2020-2021 Membership Directory - Utility Management Certification
Florida Rural Water - 2020-2021 Membership Directory - 50
Florida Rural Water - 2020-2021 Membership Directory - FRWA’s Policy on CEUs and PDHs
Florida Rural Water - 2020-2021 Membership Directory - Online Operator Training
Florida Rural Water - 2020-2021 Membership Directory - 53
Florida Rural Water - 2020-2021 Membership Directory - 54
Florida Rural Water - 2020-2021 Membership Directory - FRWA Membership Drinking Water Services
Florida Rural Water - 2020-2021 Membership Directory - 56
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Florida Rural Water - 2020-2021 Membership Directory - FRWA Membership Wastewater Services
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Florida Rural Water - 2020-2021 Membership Directory - 85
Florida Rural Water - 2020-2021 Membership Directory - FRWA Source Water/Groundwater Services
Florida Rural Water - 2020-2021 Membership Directory - 87
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Florida Rural Water - 2020-2021 Membership Directory - Active Members
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Florida Rural Water - 2020-2021 Membership Directory - 124
Florida Rural Water - 2020-2021 Membership Directory - Florida Financing Programs
Florida Rural Water - 2020-2021 Membership Directory - 126
Florida Rural Water - 2020-2021 Membership Directory - 127
Florida Rural Water - 2020-2021 Membership Directory - Active Membership Application
Florida Rural Water - 2020-2021 Membership Directory - Associate Members
Florida Rural Water - 2020-2021 Membership Directory - 132
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Florida Rural Water - 2020-2021 Membership Directory - Associate Members by Category
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Florida Rural Water - 2020-2021 Membership Directory - Associate Membership Application
Florida Rural Water - 2020-2021 Membership Directory - Phone Numbers of Interest
Florida Rural Water - 2020-2021 Membership Directory - Index to Advertisers
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Florida Rural Water - 2020-2021 Membership Directory - divider1
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