American Water Works Association AWWA Financial Management for Water Utilities Book

Effective financial oversight is essential for the success of both private and governmental water utilities. This comprehensive resource from the American Water Works Association provides the necessary guidance on sound financial and accounting practices required to maintain stable operations. Designed specifically for the professionals responsible for the fiscal health of water systems, this book serves as a complete information source for financial staff, managers, and executives. It covers the fundamental principles of water utility management, including standardized methods for accounting and reporting to ensure accuracy and transparency. Readers will find detailed information on developing projections, budgeting, and managing rates and revenues. The text also addresses operational and maintenance (O&M) expenses, assets, liabilities, and taxes. Furthermore, the book provides guidance on capital improvement planning and financing, helping utility leaders make informed decisions for long-term stability and growth.