AWWA ACE70936

This powerpoint presentation begins by providing a brief overview of the Louisville Water Company (LWC) and execution issues with the LWC Capital Improvement Plan (CIP), including a lack of accountability and empowerment by utility management. System expansion and growing capital program from 1999-2008 is outlined, along with key drivers for capital projects, identified needs, implemented actions, an excerpt from the Board Resolution, CPAC Policy and Procedure, key procedure elements, revised Capital Program Budget vs. Expenditures: 1999 - 2008, improved financial ratios - liquidity/capitalization/coverage, and audit results . Includes tables.