Water Utility Pro Forma
Public Finance Excel Template (Free Download)
Project a water utility from usage and tariffs through infrastructure investment, debt coverage, rate adequacy, and valuation.
professionals from Deloitte
About this pro forma
This pro forma links customers, usage, tariffs, operating costs, infrastructure capex, and debt service to a projected regulated plan. The underlying Excel model is the engine and the pro forma is the projected decision output.
Use it to test rate cases, conservation, customer growth, capital programs, financing, and covenant headroom.
What every model includes
Live formulas, no hardcoded values
Outputs are driven by live formulas, so the workbook updates from its assumptions instead of relying on hardcoded results.
All assumptions in one tab
Inputs are clearly marked in the Assumptions tab and separated from calculations, making it clear what to change and what to leave intact.
Statements always balancing
For integrated-statement models, the balance sheet, cash flow, and supporting schedules tie through properly.
Distinct schedules for clarity
Debt, working capital, taxes, and cash flow can get messy quickly. We group calculations in clear schedules, not across disconnected tabs.
No hidden macros or external links
There are no unexplained external workbook links or macros to undermine auditability or portability.
Changes flow through the model
Update a key driver and see the impact carry through the forecast, financing, and return outputs. We never use hardcoded numbers in formulas.
What's inside the Water Utility Pro Forma
- Customers, consumption, and tariff revenue
- Rate cases and bill impacts
- Treatment and distribution costs
- Infrastructure capex and depreciation
- Debt service and coverage
- Cash flow and rate adequacy
Formatted to IB standards
Named theme colors repaint the whole workbook in one click, on top of an investment-banking structure with clear input, output, and cross-sheet reference styling - brand-ready, institutional-grade, and fully auditable.
Created by ex-finance professionals
Hey, I’m Alex and I created Finamodel.
Over my years in the finance industry I kept building the same models over and over again. Same structure, same assumptions, different logo. So I started building frameworks to turn them into clean, reusable templates.
Every model here is one I’d actually use for a client, and I personally vet each one before it goes up.
I’m not an expert in every industry, but I’ve built enough models to know what belongs in one. And when something is completely foreign to me, I reach out to my network for experts to work on our models with us.
Having a template library on hand cuts a first build from hours to minutes.
Need help finding your model? You’ll find me in the Finamodel app!
Frequently asked
What does it model?+
Usage, tariffs, costs, capex, debt service, coverage, and rate adequacy.
Can it support a rate case?+
Yes. Test proposed rates and projected revenue and coverage.
Are covenants included?+
Yes. Debt service and coverage are reflected.
What powers it?+
The Excel model calculates utility and financing mechanics.
Have more financial modelling questions? Contact us
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