Full Cost Accounting for Municipal Drinking Water Facilities

Alberta Environment and Parks has developed a Full Cost Accounting Program to promote fiscal planning amongst municipal waterworks systems.

One of the factors contributing to the sustainability of a waterworks system is a sound financial plan that addresses the system's assets and operations. This in turn requires the costs associated with the provision of safe, secure supplies of drinking water to be readily available and determined in a consistent manner across the province. Municipalities are encouraged to participate in this voluntary program that provides waterworks owners with the tools necessary to report and track infrastructure, operational and administrative costs.

Click on the links below to access Full Cost Accounting presentations delivered to municipalities over the last two years through a workshop format. Additional detail is also provided on the two generally accepted full cost accounting methods, the "utility approach" and "cash needs approach". These documents were developed by the department specifically for the use of municipal water systems owners in the reporting of all costs related to providing safe drinking water.


If your municipality would like to register and participate in this voluntary program, please click on the website below:


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Updated: Sep 2, 2015