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The questions involved in the financial management of a municipal water-works system are often very interesting, even though they may be somewhat complicated, and it is doubtless owing to the difficulties encountered in the analysis of the prooblem that no generally accepted principles of such management have yet been formulated. Various methods of procedure have been adopted in different places, but rarely has it happened that any one of them received general approbation or was adopted elsewhere without more or less modification. In most places the exercise of sound judgment is hampered by considerations of expediency, and hence temporary or superficial plans of financial management are in vogue which must sooner or later be materially amended.
The questions involved in the financial management of a municipal water-works system are often very interesting, even though they may be somewhat complicated, and it is doubtless owing to the difficulties encountered in the analysis of the prooblem that no generally accepted principles of such management have yet been formulated. Various methods of procedure have been adopted in different places, but rarely has it happened that any one of them received general approbation or was adopted elsewhere without more or less modification. In most places the exercise of sound judgment is hampered by considerations of expediency, and hence temporary or superficial plans of financial management are in vogue which must sooner or later be materially amended.
The Financial Management of Water-Works
Kuichling, E. (author)
2021-01-01
201897-01-01 pages
Article (Journal)
Electronic Resource
Unknown
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