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Revenue Enhancement

Revenue Enhancement. Ways to Increase the Pie. Ensure Rates Cover Full Cost of Service-Operation But how to generate additional revenue. Ensure approval from Governing Body Compliance with Applicable Laws/Statutes.

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Revenue Enhancement

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  1. Revenue Enhancement Ways to Increase the Pie

  2. Ensure Rates Cover Full Cost of Service-OperationBut how to generate additional revenue

  3. Ensure approval from Governing BodyCompliance with Applicable Laws/Statutes

  4. Ensure Fees are collected and Ensure policies are in placeExample: require customers to have shut-off valves on their plumbing/charge if called-out after regular hours

  5. Rent/Lease water tanks and/or sites to cell phone providersRent/Lease water tanks and/or sitesto cable providers

  6. Sell Bulk WaterEnter into Operation and Maintenance Contracts with other water/wastewater utility companies

  7. Rent/Leaseproperties for storage to Contractors, Farmers, GovernmentEnter into Private/Public Partnerships for projects

  8. Perform work for other utilities (one time shots)Examples:Meter installationsLine ExtensionsEmergency RepairsMaintenance & Repairs

  9. Perform work for other utilities/organizations (routine)Example: Maintenance of HOA ponding/drainage area

  10. Copies: Inspection of Public Records and general copiesFaxes (Local and Long Distance)Agency Letters

  11. Notary ServicesActivation/Deactivation of ServicesCredit Inquiries

  12. Apply for Grants/Funding from Non-Typical SourcesSell IceSell soft drinks (soda machine)

  13. Ensure all activities are covered by Liability Insurance-listed as an additional insurer on their policy and they on yours Ensure there is a profit

  14. Revenue Enhancement Martin Lopez Lower Rio Grande Public Water Works Authority

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