In this issue:

“If we had to do it again …” — Water operators share lessons learned from major disaster recovery

After a community lifts fire evacuation orders and it is safe to return home, the real work begins. When a disaster affects a water system, it could be weeks or months before potable water is widely available. The water system’s long to-do list includes public relations, engineering, finances and even relocating meters. Read more

REPORT—Customer Debt and Lost Revenue: The Financial Impacts of COVID-19 on Small Community Water Systems

More than 45,000 small community water systems defined as those serving fewer than 10,000 people exist in the United States. The report investigates how the COVID-19 pandemic exacerbated pre-existing challenges for these water systems and for underserved communities faced with rapidly rising water bills, financial and cyber insecurity, and the rising costs of treating new contaminants in their water and wastewater. The report is a project of The Pacific Institute, Rural Community Assistance Partnership, and Rural Community Assistance Corporation. Access report here

Looking for a new and exciting career path?

Join our passionate team and make a difference in rural communities throughout the West! We work in diverse and low-income communities to increase access to affordable housing and safe drinking water, promote economic opportunity and job creation, and provide financing for community and economic development projects. Apply here!

Celebrating 30 plus years of lending

RCAC provides financing for affordable housing, environmental infrastructure, community facilities or small businesses. Our rates are competitive, our staff is easy to work with and they provide quick turnaround on applications. Give us a call to discuss your project in detail and download our programs and rates at-a-glance flyer. RCAC is a certified Community Development Financial Institution (CDFI). Learn more about RCAC’s Loan Fund here!

Training Highlights

Financial Management & Accounting with QuickBooks Part 1 & 2

June 8 | Part 1: 10:00 am – 12:00 pm (Pacific Time) – Registration

June 8 | Part 2: 2:00 – 4:00 pm (Pacific Time) – Registration

Location: ONLINE

Accurate, meaningful and comprehensible financial information is critical to the decision making and continuity of every utility. In this class you will learn how to maximize Quickbooks.