Event Calendar

Thursday, January 19, 2023

Director Finance Webinar Series

Start Date: 1/19/2023 8:30 AM CST
End Date: 1/19/2023 9:45 AM CST

Venue Name: Webinar

WI  United States 

Organization Name: Wisconsin Electric Cooperative Association

Wendy Fassbind
Email: wendy@weca.coop
Phone: (608) 467-4589

Director Finance Webinar Series
1 Skill Builder Credit/attendee to attend all 5 webinars
Please contact Wendy (wendy@weca.coop) for GROUP discounts (for full board)

Who Should Attend: Board Members

Webinar 1 (January 19)

Electric Coop Financial Orientation – Balance Sheet
  • Our assets are different – long term and debt financed – why?
  • Capital credits – why, what, and how
  • Debt – Why do we have so much debt?  Are we ever getting out of debt?
Webinar 2 (April 12)
Electric Coop Financial Orientation – Operating Statement
  • Revenue – What is the purpose of revenue. 
  • Financial perspective on rate increases
  • The role of the board in expense management
  • Margin philosophies – how much and why
Webinar 3 (July 18)
Electric Finance Philosophies
  • Debt Management
  • What do we need for operating margins?
  • Financial Health – What does that look like for an electric co-op
Webinar 4 (October 12)
Financial Responsibilities as an Electric Cooperative Board Member
  • Audit
  • Budget
  • Financial Plans
  • Debt
  • Oversight
Webinar 5 (December 7)
Financial Status Correlation to Cooperative Culture and Teamwork
  • The vibe from the financial position and decisions
  • Teamwork and coordination of efforts
  • Resolving and building a strong future

Associate Membership

Associate membership in the Wisconsin Electric Cooperative Association provides a continuing opportunity for providers of goods, services, materials, and equipment to build and maintain networking contacts with Wisconsin's electric co-ops and others with interests and needs related to all aspects of the electric power industry.

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