Doing more with less is the reality for today's water and waste
water utilities. Amid increasing regulations, increasing public expectations, and an ever-increasing list of emerging contaminants, public utilities are working to maintain their affordable services while protecting pub
lic health and the environment with very little financial wiggle room. To meet these challenges, t
he Florida Rural Water Association has partnered with Raftelis to offer the systems of Florida a free online tool called RevP
RevPan that is designed to enhance the asset and financial
management for small water utilities.
The idea behind RevPlan is to provide an online tool for small water utilities to achieve financial resiliency and to maintain their utility assets for longterm sustainability. RevPlan will assist users in identifying the various utility funding requirements over a five-year planning window. These funding requirements include capital funding, operating costs, and debt repayment. RevPlan allows the user
to identify any rate adjustments necessary to meet the utility
funding requirements and the impact rate increases may have
on ratepayers. Numerous Florida Rural Water Association
members have used RevPlan for their utility financial planning
and asset management integration.
RevPlan is e
asy to use, i
ntegrates with Diamond Maps,
"feels" like Turbo Tax, and is financially feasible. RevPlan will help your system to:
- Replace aging asset management financial planning software supplied by the EPA
- Strengthen usage of web-based asset management mapping tool (Diamond Maps)
- Increase engagement with member communities
- Provide a reality check on the resources needed to maintain these small systems
- Help communities to qualify for state revolving fund no interest loans
We hope that you will take advantage of this no cost opportunity to enahnce the financial mangement for your utility.