3. Finances and Rates Objectives
1. Explain the executive team’s role in managing expenses, capital improvement plans, and long-term financial planning.
2. Discuss utility rate-setting, additional revenue sources, and grants and loans for capital expenditures.
3. Explain the benefits of partnerships with other utilities, private contractors, and vendors in financial management.
4. Describe various reports, ratios, and other measurements for monitoring the financial health of the utility.
5. Discuss the importance of financial controls such as budgets and financial policies.
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