Issues in Financing Municipal Water and Wastewater Servicing
Issues in Financing Municipal Water and Wastewater Servicing
As small and medium-sized Ontario municipalities continue to grow, the water and wastewater servicing needs of existing and new populations are changing. In recent years, emerging challenges with water quality and failing communal privately owned infrastructure has identified a need to upgrade from private water wells and septic beds to municipal-owned systems. Financing these costly infrastructure extensions and upgrades can be burdensome to both private land owners and municipalities. Municipalities may struggle to arrive at a cost-sharing agreement that is within a reasonable range of debt issuance and in which the individual cost to benefitting property owners is not overly onerous. The session will include a discussion with municipal staff and Hemson Consulting to examine how these costs impact affordability and how they can be shared.

Learning Outcomes:
  • A greater understanding of how costs can be allocated between residents and the municipality;
  • The effective use of local improvement charges and debt and how these tools can be used to fund new infrastructure;
  • The best way in which to determine measures of affordability for residents and municipalities; and
  • Challenges that have been/are perceived by municipalities when undertaking these projects and how they can be overcome.

Who Should Attend?
The workshop is designed for all finance staff infrastructure funding and planning.

Take-Aways
  • Exploring various ways water and sewer servicing infrastructure is funded in small and medium sized Ontario municipalities
  • Understanding how best to engage the public in establishing funding arrangements
  • Potential benefits from formalizing policy in determining affordability for property owners

About Your Speaker:

Craig Binning—Partner, Hemson Consulting Ltd.

Craig Binning is a Partner with Hemson Consulting Ltd. His particular areas of expertise include economic and financial impact modeling and analysis, cost benefit assessment, user fee calculation, rate setting, local government policy, land use economics and development charges and municipal asset management. He is a lecturer in municipal finance at Ryerson University.

CPE CREDITS:
This course is eligible for continuing professional education credits. Please check with your professional association to confirm that this qualifies for your personal CPD record.
Discounted member price: 89.00
129.00
You could save: 31.0%
 

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