Seminar
Rate-Setting Essentials Seminar: Connecting Financial Planning, Cost-of-Service and Rate-Design
November 18, 2024 - November 20, 2024
Renaissance Schaumburg Convention Hotel, 1551 Thoreau Drive North
This three-day in-person seminar provides an updated lens on how to evaluate and develop financial policies and proposed rates that are cost-based and equitable.
November 18-20, 2024
Monday-Wednesday
Objectives
- Evaluate financial policies and rate impacts
- Develop defendable policies that are fair, equitable, and objective
- Get the rate your utility needs to be successful and still promote community objectives
- Avoid rate shock by using proven techniques for capital budgeting and analysis
- Establish cost-of-service rates by applying fundamental methodologies
- Set fair revenue requirements classify and allocate costs equitably
Expert Panel
Shawn Koorn, Associate Vice President with HDR Engineering Inc
Todd Cristiano, Manager at Raftelis Financial Consulting
Description
Learn how to effectively communicate financial policies and rate impacts to customers in these current times. This program combines time honored strategies with modern approaches to get the rate levels your utility needs to be successful, while still promoting community objectives.
Schedule at a glance*:
Day 1 | (6.5 Education Hours) |
8:00 - 8:30 a.m. | Registration Open |
8:30 - 10:00 a.m. | Financial Management, Policies, and Rates |
10:00 - 10:15 | Break |
10:15 a.m. - noon | Budgeting and Financing, Key Issues |
noon - 1:00 p.m. | Lunch (Included on Day 1) |
1:00 - 3:00 p.m. | Consideration in Setting Utility Revenue Requirements |
3:15 - 4:30 p.m. | Introduction to Cost of Service |
Day 2 | (6.5 Education Hours) |
8:30 - 10:30 a.m. | Water Cost of Service Case Study |
10:30 - 10:45 a.m. | Break |
10:45 a.m. - noon | Water Allocation Procedures |
noon - 1:00 p.m. | Lunch (on your own) |
1:00 - 4:30 p.m. | Water Distribution Procedures |
3:00 - 3:15 p.m. | Break |
4:30 - 6:00 p.m. | Optional Session: Fundamentals of System Development Charges |
Day 3 | (4 Education Hours) |
8:30 - 10:30 a.m. | Wastewater Allocation and Distribution |
10:30 - 10:45 a.m. | Break (Note: we will work through the lunch hour today) |
10:45 a.m. - 1:00 p.m. | Water and Wastewater Rate Design |
*Subject to change
$1,125.00 Non-member price
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