Addressing water quality issues continues to emerge as a challenge to be faced by agricultural interests across the Cornbelt. Agricultural Extension has a role to play in assisting farmers in complying with water quality regulations and adoption of Best Management Practices (BMP) to address water quality impacts. Despite the clear importance of financial information in BMP decision-making, often, published cost assessments are rare and lack transparency. This article provides a framework for Extension personnel who provide water quality BMP cost assessments while also highlighting financial information necessary for creating Extension publications that have transparent and dynamic financial assessments.