Premium
Strategic financial planning
Author(s) -
Nolan Robert B.,
Foran Robert E.
Publication year - 1983
Publication title -
journal ‐ american water works association
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.466
H-Index - 74
eISSN - 1551-8833
pISSN - 0003-150X
DOI - 10.1002/j.1551-8833.1983.tb05190.x
Subject(s) - business , finance , flexibility (engineering) , financial capital , debt , capital market , capital (architecture) , strategic financial management , strategic planning , economics , marketing , profit (economics) , microeconomics , management , archaeology , history
Water utilities cannot rely on traditional methods of financing debt for capital projects in today's volatile financial markets. Capital improvement plans should incorporate the flexibility needed to take advantage of opportunities in changing markets, thus allowing publicly owned water utilities to maximize their financial resources.