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Revenue Enhancement

Explore innovative ways to increase revenue, ensure service rates cover costs, and secure approval from governing bodies. Enhance revenue through lease agreements, partnerships, service expansions, and strategic alliances.

christopherjshaw
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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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