Monetization is the process of converting an asset into economic value. For municipalities and public sector entities, the process has historically involved the ownership and operation of public utilities like water and sewer systems. But the delivery of utility services is becoming increasingly complex and subject to greater regulation each year. And many public sector operators have experienced a decline in financial returns.

Looking for options to generate more revenue, many municipalities have considered the transfer of such assets to private operators, or the creation of public-private partnerships. Public sector entities have also been harnessing new technologies and ideas to transform underutilized or dormant assets into economic value.