The financial analysis determines how the project can be financed, and whether operating revenues can cover operating and debt service costs. Most water reuse projects have been helped by subsidies and grants; few projects recover costs in full. Three pricing strategies often encountered (Young, 1996) where water resources management is combined with wastewater reclamation, recycling and reuse: (1) market prices may be applied; (2) where no market price exists, surrogate market prices are identified; (3) market prices or surrogate prices are not meaningful; in such cases the prices applied are called shadow prices (or sometimes accounting prices).