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This Asset Management workshop is designed to introduce board members and waste/water operators to the topic of asset management planning and how it can help small utilities make the most of limited resources. Asset management is a planning process to enable utilities to get the most value from assets such as pumps, tanks, treatment equipment and more, while budgeting financial resources to repair and replace assets when needed. In this workshop, participants are introduced to Asset Management using the EPA STEP Guide, a 5-step process for the development of an asset management plan: inventory, prioritize, develop, implement, and revise. Examples and worksheets for inventories, prioritizing, and budgeting are introduced for participants to use in their own communities.