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Using examples throughout, this invaluable technical guide and management tool explains and illustrates the complete picture of capital financing and how to keep a utility operating on a viable basis. Also shown is how to design appropriate pricing structures to ensure equity and self-sufficiency, thus meeting major nationwide challenges faced by water and wastewater utilities. Water and wastewater plant supervisors and managers, professional engineers, U.S. government officials, local government planners, investment bankers, utility entrepreneurs, directors of water and wastewater utilities, finance managers, state planners, utility and environmental attorneys, and financial and rate consultants will value this landmark book.