Welcome to Jersey WaterCheck’s evaluation center — the Benchmark Hub.

The Benchmark Hub helps utility managers and state leaders dive into the factors that contribute to the need for water infrastructure investment. Here you will find the details, measures, reports, results, and data that we’ve gathered for every water and wastewater system in the state.

Scroll down to view details and data for the selected measure.
Goal
Subgoal
Measures

Financial resilience measured as days cash on hand (system-level)

At an individual system level, this metric provides an estimated number of days a utility/system can pay for its average daily expenditures (including operation and maintenance expenses and taxes) with no revenue coming in. While it is highly unlikely that a utility would have no revenue, this metric helps utilities assess how well they can handle a sudden and dramatic reduction in revenue, such as the loss of a large customer or a moratorium on shutoffs in response to a global pandemic.

The formula used to calculate this value is: total unrestricted cash the utility has on hand divided by the average daily operating expense (not including depreciation).

Note: Government utilities, privately-owned utilities, and non-profit utilities may use different accounting standards when preparing their annual financial reports. As a result, comparisons of financial metrics between utilities should be made with caution.

Data Source: Survey