Much of the existing utility system assets have reached the end or are nearing the end of their useful lives. Utilities across the country are facing the need to replace hundreds of millions of dollars of infrastructure assets in the coming decades. The SRF loan program which funds utility projects with low interest loans across the state of Indiana recognizes the importance of Asset Management Plans (AMP) and have implemented new requirements for those utilities participating in the loan programs. Presenters will discuss the importance of having a long-term funding strategy to help keep user rates affordable and best practices in developing funding plans.
Moderator:
Andre Riley, Director, Baker Tilly Municipal Advisors, LLC
Panel:
Doug Baldessari, CPA, Partner, Baker Tilly Municipal Advisors, LLC
Jenny Collins, Utility Chief Financial Office, City of Evansville
William Harkins, Jr., SRF Program Director, Indiana Finance Authority
Michael Labitzke, Deputy Director of Utilities-PMO, City of Evansville
Allen Mounts, Director of Utilities, City of Evansville