At the beginning of this year, our WIWSA Board of Directors decided to do more than encourage our members to complete their Small Water Systems Management Programs (SWSMPs). We dedicated our June and September Quarterly Members’ Meetings to focus on the first two of the three components of the SWSMP: Chapter One, Managerial Capacity, and Chapter Two, Technical Capacity and we provided copies of the 82-page Guide for completing a SWSMP (DOH Document #331-134), along with suitable loose-leaf binders. The enthusiastic response from our members showed that we were on the right track.
Now, we are dedicating our December Quarterly Members’ Meeting (5:00 to 7:00 pm on December 12th at the Sno-Isle Library in Coupeville) to explaining the third component of the SWSMP, Chapter Three, Financial Capacity. Fortunately, we will enjoy the benefit of a presentation by a skilled practitioner in the business of financial services, Ms. Katy Isaksen. Katy Isaksen & Associates has been operating in the financial services sector in Seattle for 24 years and she has agreed to speak on the topics of asset replacement, budgets and rate setting as they are called out in Chapter Three and as they apply to the ownership and management of small water systems.
Also, if time permits, I will briefly discuss the State Law, RCW 64.38.065, as it applies to the Reserve Study and Account required by WAC 246-290-105 and described in the SWSMP Chapter 3.1 and 3.2.
We know that some of our members do not yet have copies of the Guide (or the binders) so we will have more to distribute at this meeting. We look forward to seeing you then!
Warm regards, Jim Patton, President WIWSA