Raftelis’ Townsend Collins will present with Michael Johnson, the Assistant General Manager for Finance and Administration of Birmingham Water Works Board, at the Alabama-Mississippi AWWA 70th Annual Conference on October 17th in Point Clear, AL.
The presentation is on the BWWB’s annual Rate Stabilization and Equalization process.
Overview: In an ever-changing social and economic environment, responsible fiscal management of operational and capital resources is paramount. Each year Birmingham Water Works Board (the Board) performs a comprehensive evaluation of the Board’s planned costs, and uses those costs in conjunction with a defined set of financial policies to approve water rates for the following fiscal year. This intentional focus is integral to a successful and equitable annual budget and rate update.
For more information visit the Alabama-Mississippi AWWA website.