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Hands-On Rate Study, Asset Management, Feb 6-7, Lansing

Hands-On-Rate Study Workshop, Including Asset Management

February 6 - 7, 2019
Lansing Community College
West Campus/MTEC
5708 Cornerstone Drive
Lansing MI 48917

In this class we walk you through the rate making process from A – Z, using MRWA’s Microsoft Excel Based Program, teaching and coaching you on the rate making process and the development of accurate water or sewage rates. 

Your rate evaluation includes
Equipment Replacement Account 
Capital Improvement Plan (CIP)
New – Detailed Five-Year Budget and Rate Projection requested by the MDEQ
Water System asset management / inventory template
A lead service line inventory template, that can be incorporated into your CIP
After attending this class, you can re-evaluate, and update, your rates every year hereafter on your own.
Need help after the class, just contact one of MRWA’s staff member for free assistance.  

Here is how the class works.  
Prior to class we email you a list of information you will bring with you to the class  
Using your own lap top or one of the provided computers you will enter your data into our Microsoft Excel based program.  Depending on your rate structure, and the accuracy or your data, it is possible to go home with a completed rate evaluation!  Lastly and Most Importantly we will give you the ability to educate your council members on the rate making process and the importance of maintaining and updating your water rates

 

February 6, 2019
8:30am – 9:00am       Registration
9:00am – 11:30aa      Requirements of a Water System Asset Management Program (AMP); Overview of Developing Water Rates
11:30am – 12:30pm  Lunch (Provided)
12:30pm – 4:30pm    Pitfalls in the rate making process; Budging, Water Sales, Equipment Replacement & Capital Improvement; Educating and involving council members in the rate making process

February 7, 2019
9:00am – 11:30am   Developing an Asset Management Program; Explanation of Computer Programs & Data Entry
11:30am – 12:30pm Lunch (Provided)
12:30pm – 4:30pm   Data Entry: Questions & Individual Assistance

IMPORTANT: You will need to bring some very specific information with you to class to complete your rate study such as budgets, number of customers etc.  WHEN YOU PRE-REGISTER, MAKE SURE YOU PROVIDE A VALID EMAIL ADDRESS SO WE CAN SEND YOU AN INSTRUCTION PACKET.  This packet will contain a list of the items that you must bring to class to complete the rate study. Will these items be easily assembled? Probably Not!  The most difficult and time-consuming part of any rate analysis is gathering the correct information in advance.

Members:
$795 First Attendee
$395 per Additional Attendee, employed by the same system

Non-members:
$995 First Attendee
$495 per Additional Attendee, employed by the same system

Payment/Cancellation Policy: Payment is expected prior to class. Cancellations must be requested at least 3 business days prior to the start of the class or your registration fee will be forfeited. If you cancel least 3 business days prior to the start of class, the full amount may be used as credit toward a future class. You may send a substitute attendee.

When
2/6/2019 8:30 AM - 2/7/2019 4:40 PM
Where
Lansing Community College West Campus/MTEC 5708 Cornerstone Drive Lansing 48917
Online registration not available.

If you do not have an account or do not remember your login information, please call the MRWA office at 517-657-2601 for assistance.

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