1. Department of Environmental Conservation
Drinking Water Program
Municipal Grants and Loans Asset Management Investing in your Drinking Water System
Vanessa Wike, P.E.
Statewide Engineering Coordinator
(907)
555 Cordova St.
Anchorage, AK

2. Asset Management
A planning process that ensures that you get the most value from each of your assets and have the financial ability to repair and replace them when necessary.

4. Asset Management Process
Conducting a thorough asset inventory.
Prioritizing the rehabilitation and replacement of your assets.
Developing an annual estimate of needed reserves and an annual budget.
Implementing an asset management plan.
Reviewing and revising the asset management plan.

5. Page 9 Asset Management Handbook
System Inventory
Page 9 Asset Management Handbook
Identify system assets and age.
Record the condition of each asset.
Record service history – how long an asset typically lasts.
Adjust your asset’s useful life based on site conditions and experience.
Estimate the remaining useful life.

6. Prioritization Worksheet
Page 15 Asset Management Handbook
Prioritize your assets based on their remaining useful life, redundancy, and importance.

7. Required Reserve Worksheet
Page 21 Asset Management Handbook
The estimated cost of repair/replacement.
Doesn’t include standard costs for O&M.
Provide a 5 year forecast.

8. Page 27 Asset Management Handbook
Budgeting Worksheet
Page 27 Asset Management Handbook
Annual Revenues (fees, loans, grants, interest…)
Annual Costs (maintenance, utilities, salaries, benefits, supplies, taxes, payments …)
Net Income

9. Next Steps An asset management plan will help you
Plan for community needs
Prepare funding applications
Maintain a sustainable water system
EPA’s Strategic Planning Tools: Simple Tools for Effective Performance (STEP) Guides

10. References EPA Small Systems and Capacity Development:
EPA Asset Management:
CUPPS (Check Up Program for Small Systems):
Boise State Environmental Finance Center:

11. Contacts Vanessa Wike DEC Drinking Water Program Engineering Group
555 Cordova St.
Anchorage, AK
DEC Drinking Water Program Engineering Group