Rate Setting (California) 040825-2

Rate Setting

Accreditation:

2 California Drinking Water Contact Hours awarded

Contact hours have been approved for the Registered Environmental Health Specialist Program

Certificates will be available through your profile.

Date & Time:

The Rate Setting training will be held on the following date and time:

April 8 | 2:00PM-4:00PM 

This training is being held in Pacific Time.

Description:

Often, many small water systems recover their operating costs but are not able to fund reserves and other balance sheet obligations through their customer rates. Water rates should recover the “true costs” of providing the service. Many systems’ governing bodies and management lack basic understanding of how much money needs to be collected from customer rates to recover operating costs and fully fund debt service and reserve account funding. This training will be presented to provide attendees with working knowledge and emphasize tools/resources available to understand how to develop an adequate rate structure to provide the ability to meet short-term and long-term financial obligations. Finally, the workshop will cover the latest interpretations of Prop. 218 procedures and limitations in setting customer rates in California.

Participants will learn:

·        How to determine if a rate adjustment is necessary

·        The four basic types of rate structures

·        How to calculate base and flow rates

·        To calculate base rates according to meter size

·        How to set rates that are compliant with Proposition 218

Financial Basics Series: The recommended audience includes board members, general managers, financial managers and operators.

Location:

This training will be hosted online on GoToTraining.

Scholarship & Fees:

Rate Setting is a free training to attend.

Registration:

To receive contact hours for online workshops, each person must be registered with their own email address. An evaluation at the end of the training is also required.

Are you attending as a group, but not watching from your own computer?

Attendees do not need to participate from their own computer/device for the online trainings. Each attendee will be required to register and complete an evaluation to verify their participation. Prior to session start, a Group Leader will need to inform RCAC (registration@rcac.org) which attendees will view the sessions together. Following the training an evaluation is sent to the Group Lead who will be responsible for sharing it with each attendee in the group.

For registration questions, contact:

RCAC Events
registration@rcac.org
(916) 447-9832 ext. 1429

By registering for an RCAC event, you acknowledge and agree to abide by the code of conduct set forth by RCAC for training participants, which is available here RCAC Training Code of Conduct.  Please read the code of conduct carefully before proceeding with the registration process.  

Funding for this project has been provided in full or in part under the Safe and Affordable Funding for Equity and Resiliency (SAFER) Drinking Water Program through an agreement with the State Water Resources Control Board. The contents of this document do not necessarily reflect the views and policies of the foregoing, nor does mention of trade names or commercial products constitute endorsement or recommendation for use.

RCAC is an equal opportunity provider, employer, and lender.