As an advanced study on the method of calculating the target revenue water ratio of local waterworks through the leakage component analysis method proposed by Kim et al. (2022), this study developed a model to calculate the achievable revenue water ratio within the specified project cost, the required project cost to achieve the specified target revenue water ratio, and the economically appropriate target revenue water ratio level by considering the leakage reduction cost and leakage reduction benefit for each revenue water ratio improvement strategy, and conducted an applicability evaluation of the developed model using actual field data. The procedure for calculating the target revenue water ratio of local waterworks considering economics proposed in this study consists of three stages: physical data linkage model construction, leakage component analysis, and economic analysis, and the applicability was evaluated for Zone H with branch type and the Zone M network type. As a result of the application, it was calculated that approximately 32.5 billion won would be required to achieve the target revenue water ratio of 70% in the Zone H, and approximately KRW 10.5 billion would be required to achieve the target revenue water ratio of 75% in the Zone M. If the business scale of Zones H and M was corrected to 10,000 ㎥/day of water usage, the required project cost for a 1% improvement in the revenue water ratio of Zone H was calculated to be 0.7642 billion won and 0.4715 billion won for Zone M.

This study set up the revenue water ratio that could be achieved within the range of the expenses of the water distribution network maintenance project, developed an analysis methodology that could estimate the additional project quantity to achieve the target revenue water ratio of 85% and applied and verified that to S. City. This methodology allowed the distribution of the leakage quantity for each leakage component by the pipeline through the total revenue water account balance analysis and BABE approach and the redistribution into the calculated leakage quantity more accurately through a step test. In addition, the level of reduction in leakage and the quantity of the project were estimated before and after the application of four strategies for the promotion of the revenue water ratio presented by IWA, according to the leakage components by the pipeline. As a result of the application of this analysis method to S. City, it would be possible to achieve up to the revenue water ratio of 81.0%, which was 74.7% in the beginning, if the water distribution network maintenance project was promoted within the range of the project expenses, and to achieve the revenue water ratio of 85.0%, the goal of the project, it would be necessary to replace the pipeline of 22.2% of the entire pipelines in the target area. As a result of the re-estimation of the revenue water ratio achievable, applying the actual water distribution network maintenance quantity in the scope of the business with the results of this analysis, the revenue water ratio was 81.7% while the actually measured revenue water ratio was 82.3%. Thus, the reliability of this analysis method could be secured to some extent.