Modeling The Financial Health Of Public Water Systems
Jordan, Jeffrey L.
Witt, Harvey J.
Wilson, James R.
MetadataShow full item record
The purpose of this paper is to present a theory and a model for assessing the financial health of public water systems. Using financial information from 25 water utilities in Georgia, the paper seeks to identify the causal relationships between the financial performance of a water utility and its fiscal position. The need for a theoretical understanding of water utility financial health is the result of the increasingly stringent performance requirements under the Safe Drinking Water Act (SDWA). The issue has become particularly important for small water systems which will be exposed to significant financial demands. A set of fmancial ratios was developed and tested in a model that was based on liquid asset theory. The model contained five variables designed to account for liquid assets, current debt, cash-flow, and level of expenses. The variables fit the need of water utilities to provide an adequate level of operation and maintenance to meet current and future system needs as well as SDWA standards.
Showing items related by title, author, creator and subject.
Dellapenna, Joseph W. (Georgia Institute of TechnologyInstitute of Ecology, 2001-03)Markets are much in vogue as ideal institutions for managing water both nationally and internationally. Markets are presented as functioning automatically and nearly painlessly. True markets, however, have seldom existed ...
The Chattahoochee-Flint Regional Development Center's Role in Local and Regional Water Supply Issues Hollingsworth, Lisa J. (Georgia Institute of TechnologyInstitute of Ecology, 1997-03)Chattahoochee-Flint Regional Development Center (CFRDC) is a technical assistance and advisory agency serving member local governments. CFRDC's purview includes assistance to local governments in addressing the ...
Lawrence, Stephen J. (Georgia Institute of Technology, 2013-04)The U.S. Geological Survey’s site-specific water use database (SWUDS) is designed to store permitted and non-permitted surface and groundwater withdrawals from source waters, water deliveries among water suppliers, and ...