West Sacramento, Calif. — RCAC received a $5,000 grant from the Tahoe Truckee Community Foundation, which will be used to build the City of Loyalton’s financial management capacity for its water and wastewater systems.
Located in Sierra County, Loyalton has 695 residents. The local sawmill, the main employer for residents, shut down in 2001. In early 2017, the State Water Resources Control Board asked RCAC to perform a rate study for the City’s water and wastewater utility to determine reasonable fees for services.
In addition to rate studies, RCAC provides training in accounting and bookkeeping for small water and wastewater systems and nonprofit organizations. RCAC staff is assisting Loyalton to create cash flow projections so that financial statements can be generated for its water and sewer enterprises.
Founded in 1978, RCAC provides training, technical and financial resources, and advocacy so rural communities can achieve their goals and visions. RCAC serves rural communities in 13 western states and the western Pacific islands. Services are available to communities with populations of fewer than 50,000, other nonprofit groups, Tribal organizations, Native communities, farmworkers, colonias and other specific populations. RCAC staff provides direct services in collaboration with local and community partnerships in three program areas: affordable housing, environmental services and lending. RCAC also offers leadership and economic development assistance to rural communities and nonprofit organizations in its service region. To find out more about RCAC’s Loan Fund products, visit https://www.rcac.org/programs-services/