Event Profile

Budget Basics for Utilities

Date(s):
October 23, 2018
Venue:
The Centennial Hotel
Description:

Note:

Online registration is currently closed, but spaces are still available. If you would like to attend this event, please call NWPPA at 360-254-0109, and our staff will be happy to help you.

Who Should Attend:

Entry-level and intermediate-level accounting staff, or anyone who is new to the budgeting process.

Related Event:

Evaluating Capital Projects, October 24, 2018

Course Overview:

In this one-day program, attendees will tackle common budgeting issues to see how each decision impacts the 1) Operating Statement, 2) Balance Sheet, and 3) Statement of Cash Flows. Given the organization’s work plan, we will decide if it is an investment or an expense when money is spent. We will discuss budgeting in nominal and real terms, as well as the impact of inflation. At the conclusion, we will examine the effects of the decisions made on key financial ratios and the utility’s margin or rate impact.

Course Objectives:

  • Understand the links between the financial statements
  • Recognize the difference between expenses and capitalization
  • Examine the benefits and drawbacks of budgeting

Course Instructor:

John Penry, Penry Consulting, LLC

Course Schedule:

Registration will begin at 8 a.m., and the class will run from 8:30 a.m. to 4:30 p.m. Lunch, as well as morning and afternoon breaks, will be provided.

Course Location and Hotel Information:

The Centennial (formerly Hotel RL at the Park – Spokane)
303 W. North River Drive
Spokane, WA  99201
636-736-4071

Room rate: $105 for a standard one bed

Please book your room as soon as possible, but no later than September 21, 2018, to secure this rate. Mention that you are with Northwest Public Power Association (group code NWPP1022) when booking your reservation.

Note: The Hotel RL is undergoing a transition to The Centennial. If you have any difficulty making your hotel reservation as they undergo this transition, please contact Janet Denman directly for assistance at 360-816-1443, or janet@nwppa.org.

Course Fees:

Utility Member Early Bird (extended through 10/23/2018): $410
Utility Member Standard: $485

Associate Member Early Bird (extended through 10/23/2018): $615
Associate Member Standard: $690

Non-member Early Bird (extended through 10/23/2018): $1,230
Non-member Standard: $1,305

Cancellation Policy:

Cancellations are accepted, with full refund, if request is made at least 30 days prior to the course. Within 30 days, fees are as follows: 15-29 days, $100; 1-14 days or "no show," 100 percent of registration fee. When possible, please send a substitute instead of canceling. NWPPA does not charge a fee for substitutions.

Continuing Hours:

This course qualifies for six continuing hours. Certificates are issued upon full completion of the course.

For More Information:

To find out more about this event, or to learn about other events, view the Training and Event Catalog.