utility sinking fund

简明释义

公用事业偿债基金

英英释义

例句

1.The financial report highlighted the growth of the utility sinking fund over the past year.

财务报告强调了过去一年中公用事业沉没基金的增长。

2.The city council allocated money to the utility sinking fund to ensure future infrastructure improvements.

市议会拨款到公用事业沉没基金以确保未来基础设施的改善。

3.Using the utility sinking fund, the municipality was able to replace old power lines.

通过使用公用事业沉没基金，市政当局能够更换旧电力线路。

4.The utility sinking fund is essential for maintaining aging water treatment facilities.

公用事业沉没基金对于维护老化的水处理设施至关重要。

5.Residents were informed about the increase in the utility sinking fund contributions for upcoming projects.

居民们被告知即将进行的项目中，公用事业沉没基金的捐款将增加。

作文

In the realm of finance and investment, understanding various terms is crucial for making informed decisions. One such term that often comes up in discussions about municipal finance and public utilities is utility sinking fund. A utility sinking fund is essentially a reserve fund established by a utility company to set aside money for the repayment of debt or the replacement of aging infrastructure. This concept is particularly important for public utilities, as they are responsible for providing essential services such as water, electricity, and gas to the community. By creating a utility sinking fund, these companies can ensure that they have the necessary resources to maintain their operations without placing an undue burden on their customers.The rationale behind establishing a utility sinking fund lies in the unpredictability of expenses associated with maintaining utility services. Over time, infrastructure can degrade, and unexpected repairs can arise. If a utility company does not have a financial plan in place, it may have to raise rates suddenly to cover these costs, which can lead to customer dissatisfaction and financial strain. By contributing to a utility sinking fund, the company can smooth out these expenses over time, allowing for gradual rate increases rather than abrupt spikes.Moreover, a utility sinking fund can also play a vital role in enhancing the creditworthiness of a utility company. Investors and rating agencies often look favorably upon companies that demonstrate fiscal responsibility and prudence in their financial planning. When a utility has a well-funded sinking fund, it signals to potential investors that the company is prepared for future obligations, thereby potentially lowering borrowing costs and improving access to capital.On a broader scale, the establishment of a utility sinking fund contributes to the overall stability of public utilities and the communities they serve. Reliable utility services are fundamental to economic growth and quality of life. When a utility can effectively manage its finances through mechanisms like a sinking fund, it can invest in infrastructure improvements and innovations that enhance service delivery. For instance, funds accumulated in a utility sinking fund could be used to upgrade aging pipelines or install new technology that improves energy efficiency, ultimately benefiting both the utility and its customers.In conclusion, the concept of a utility sinking fund is integral to the financial health of utility companies and, by extension, the communities they serve. It allows for prudent financial management, helps mitigate the impact of unforeseen expenses, and enhances the overall reliability of utility services. As such, understanding the importance of a utility sinking fund can empower stakeholders—from utility managers to community members—to advocate for sound financial practices that ensure sustainable utility operations for years to come.

在金融和投资领域，理解各种术语对于做出明智的决策至关重要。一个在市政融资和公共事业讨论中经常出现的术语是公用事业偿债基金。公用事业偿债基金本质上是由公用事业公司设立的储备基金，用于为偿还债务或更换老化基础设施而储备资金。这个概念对于公共事业尤其重要，因为它们负责向社区提供水、电和气等基本服务。通过创建公用事业偿债基金，这些公司可以确保拥有必要的资源来维持运营，而不会给客户带来过大的负担。建立公用事业偿债基金的理由在于与维护公用事业服务相关的费用的不确定性。随着时间的推移，基础设施可能会退化，并且可能会出现意外的修理。如果公用事业公司没有财务计划，它可能不得不突然提高费率以覆盖这些费用，这可能导致客户的不满和财务压力。通过向公用事业偿债基金供款，公司可以平滑这些费用，从而允许逐步提高费率，而不是急剧上涨。此外，公用事业偿债基金还可以在增强公用事业公司的信用worthiness方面发挥重要作用。投资者和评级机构通常对那些在财务规划中表现出财政责任和谨慎的公司持积极态度。当一家公用事业公司有充足的偿债基金时，它向潜在投资者发出了公司为未来义务做好准备的信号，从而可能降低借款成本并改善获得资本的机会。从更广泛的角度来看，建立公用事业偿债基金有助于公共事业及其服务的社区的整体稳定。可靠的公用事业服务是经济增长和生活质量的基础。当公用事业能够通过像偿债基金这样的机制有效管理其财务时，它可以投资于基础设施改进和增强服务交付的创新。例如，累积在公用事业偿债基金中的资金可用于升级老化的管道或安装提高能源效率的新技术，最终使公用事业和其客户受益。总之，公用事业偿债基金的概念对公用事业公司的财务健康及其所服务的社区至关重要。它允许审慎的财务管理，有助于减轻不可预见费用的影响，并增强公用事业服务的整体可靠性。因此，理解公用事业偿债基金的重要性可以使利益相关者——从公用事业管理者到社区成员——能够倡导健全的财务实践，以确保公用事业运营的可持续性。