Course Details
Course Details
Course ID
6585
Course Name
Understanding the Budget Process
Contact Hours
2.0
Approved Industry
Drinking Water and Wastewater
Partner Name
Pennsylvania Rural Water Association
Primary Contact
Joel Jordan
jjordan@prwa.com
8143539302 Ext. 201
Website
Description
General goal of the budgeting process is to insure stable and predictable rates for both the long and short-term. This is accomplished by understanding fixed and variable costs. Learn the terminology, revenue, costs, short and long term budgets, and the role of the operator in the budget process.
Course Level
Intermediate
Course Content
Overview; Revenue; Costs; Building Annual Budget; Scenario 1- exercise; Initial Budget Considerations; Challenges to the Budget Process; Group Exercise; Case Studies; Scenario 2 - exercise; Summary / Q&A.
Target Audience
water and wastewater operators, supervisors/managers of water/wastewater systems
Training Format
Classroom