Course Details
Course Details
Course ID
9683
Course Name
Management and Finance for Small Systems Virtual
Contact Hours
4.0
Approved Industry
Drinking Water and Wastewater
Partner Name
RCAP Solutions
Primary Contact
Amy Forsha
aforsha@rcapsolutions.org
724-840-8761 Ext.
Website
Description
Small water and wastewater systems are vital to public health and the environment, yet many struggle with financial sustainability and effective management. Limited resources, regulatory complexities, and a lack of financial expertise among decision-makers can lead to funding shortfalls, deferred maintenance, and service disruptions.
The Management and Finance for Small Water and Wastewater Systems course equips board members and managers with essential financial and managerial skills. Through presentations, discussions, and hands-on exercises, participants will learn to interpret financial reports, develop budgets, set appropriate rates, and plan for long-term sustainability.
By enhancing financial literacy and governance, this training empowers decision-makers to make informed choices, ensuring their systems remain resilient, compliant, and capable of delivering safe, reliable service to their communities.
Course Level
Basic thru Intermediate
Course Content
Management Overview -Leadership, decision-making, and system oversight.
Asset & Project Management - Infrastructure lifespan, capital planning, and funding.
Communication -Stakeholder engagement and crisis communication.
Financial - Revenue Expenses, Product/Service, Customers
Budgets- Budgeting basics and development.
Reserves - Types of reserves and strategies for sustainability.
Financial Monitoring- Tracking performance and decision-making.
Rate Setting - Cost recovery and fair rates.
Target Audience
Board members, Operators, and managers
Training Format
Virtual Synchronous