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38 search results for: asset management

34

Act 73 Compliance: Calculating Fair Annual Rental Value for Water Systems

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by: Russ McIntosh   This article was published by Pennsylvania Municipal Authorities Association in the August 2015 issue of their magazine, The Authority. Does your authority lease facilities from its incorporating municipality? If so, your lease payments should be carefully documented and calculated to ensure you are in compliance with Act 73, or a potential legal challenge […]

35

Overcoming Concerns About Forming a Stormwater Authority

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by: Adrienne Vicari, P.E. Act 68 gave municipal authorities the ability to finance, own, operate and lease stormwater facilities, but, two years later, many municipalities still have questions about whether an authority is right for their community. Aging infrastructure and increasing regulatory obligations from the state and federal government have put a heavy burden on […]