All water systems should work towards long-term financial sustainability. That means you should think about both the financial aspects of month-to-month operation and the need to renew infrastructure over the long term. This page provides an overview of this topic. Follow the directions under Enquire about Services to find out about services that can help you to achieve financial sustainability. To learn more about the process look under About Achieving Financial Sustainability below. Look at More Resources for further information. You may find it helpful to look at the sections below before making an enquiry.
To enquire about support services follow this link, and provide brief details about you water system. This information will be passed to service providers who are Industry Partner of SIS and who have wide experience in helping water systems. The information you provide helps these folks to get an initial picture of your water system and kick-starts the conversation between you and the service provider. You incur no obligation in making this enquiry.
A water system is financially sustainable when its revenues cover both the costs of year-to-year operation and maintenance, and the costs of renewing its assets like pipes and pumps before they reach the end of useful life. The system operates in a way that does not compromise the safety, security or sustainability of water supplies, and its customers are informed and willing and able to support the water system.
To achieve financial sustainability, you have to consider several things: the financial condition, the way the water system is managed, operated and maintained, and the condition of the physical and financial assets. Charging enough for your water to recover the costs of operation and renewal of infrastructure is very important. Financial sustainability can be reached by following a series of systematic steps. The process can work smoothly when experienced people are involved, and they work as a team.
There are many components involved in the management of a water system. We have depicted these in the graphic below: Your water system and financial sustainability. (Enlarge the graphic using buttons at bottom right). When you set out to achieve financial sustainability it’s important to know which components to include in the process. And it’s important to know which components to exclude. If you try to do too many things at once, it’s easy to lose direction and to not achieve the outcome you want.
With this in mind, a project that examines financial sustainability may involve primarily the components highlighted in the graphic. At the same time you should be aware of the other components of management and operations: if other components are not in place this may enlarge the scope of work required to achieve financial sustainability.