Financial Report

Extend WIFIA’s Maximum Term…As a First Step

Extend WIFIA’s Maximum Term…As a First Step

August 8, 2022 at 9:17 am 0 comments

By John Ryan U.S. public infrastructure renewal was never going to be easy, but several current trends suggest that it will soon be even more challenging. Federal infrastructure loan programs are a proven policy tool, and their capabilities should be expanded in specific and practical ways to prepare for theRead More

Digital Asset Management: Dynamic Use of Relative Re-Investment Budgets

Digital Asset Management: Dynamic Use of Relative Re-Investment Budgets

June 20, 2022 at 8:09 am 0 comments

Over the past 25 years, Nordic water experts have taken a proactive approach to digital asset management and data-driven decision making that U.S. utilities can learn from to optimize CAPEX spending, reduce OPEX, and ensure efficient and resilient service. By Ulrich Borup Hansen & Andreas Julskjær Pedersen In a digitalRead More

Water sector: EPA’s proposed Financial Capability Guidance “falls well short” on affordability, environmental justice

Water sector: EPA’s proposed Financial Capability Guidance “falls well short” on affordability, environmental justice

May 2, 2022 at 2:14 pm 0 comments

In April, associations representing the U.S. water utility sector submitted comments to EPA in response to its draft of the proposed Financial Capability Assessment Guidance, in which several groups said the agency’s proposal “falls well short” of meeting the purpose of the revision of the guidance. The proposed guidance outlinesRead More

Realistically Planning to Spend Federal Infrastructure Money

Realistically Planning to Spend Federal Infrastructure Money

April 18, 2022 at 8:00 am 0 comments

By Joe Crea The bipartisan Infrastructure Investment and Jobs Act of 2021 (Bipartisan Infrastructure Law or Infrastructure Bill) promises to inject $1.5 trillion across the country to “rebuild America’s roads, bridges and rails, expand access to clean drinking water, ensure every American has access to high-speed internet, tackle the climateRead More

Innovations in Stormwater Funding: Trip-Generation Rates

Innovations in Stormwater Funding: Trip-Generation Rates

July 19, 2021 at 9:15 am 0 comments

By Kyle Stevens Climate change is a pressing issue for local governments. The unpredictable nature of storm events and sea level rise has put a strain on already aging stormwater infrastructure, requiring huge investments to address the problem. Paying for these investments should not rely upon the methods of theRead More

Data Visualization for WIFIA Loan Benefits

Data Visualization for WIFIA Loan Benefits

April 27, 2021 at 11:00 am 0 comments

The U.S. EPA’s Water Infrastructure Financing and Innovative Act (WIFIA) loan program delivers a lot of financial value to qualified water infrastructure projects. Could some of that value be used beyond the project itself for innovative initiatives that address local water-related issues — water equity and affordability, climate and environmentalRead More

Fitch Ratings: Cyber events could pose ‘material risk’ to water, sewer utility credit

Fitch Ratings: Cyber events could pose ‘material risk’ to water, sewer utility credit

April 8, 2021 at 1:42 pm 0 comments

  Water and sewer credit ratings incorporate an assessment of an entity’s resiliency to manage unexpected events, including cyberattacks, which could pose financial and operating risks that ultimately affect utility credit quality, Fitch Ratings says. Event risks like cyberattacks are considered asymmetric risks per Fitch’s criteria, and are viewed throughRead More

WIFIA: Examining Synergies with the Muni Bond Market

WIFIA: Examining Synergies with the Muni Bond Market

September 25, 2020 at 3:37 pm 0 comments

Economic gains are possible when investors with different strengths and preferences are combined in a single financing. It’s happening at the WIFIA loan program. By John Ryan The WIFIA loan program makes long-term loans for qualified projects at the U.S. Treasury’s interest rate. Since debt capital markets start with thisRead More

Financial Report: Addressing Water Equity in a Time of Rising Costs

Financial Report: Addressing Water Equity in a Time of Rising Costs

August 24, 2020 at 9:50 am 0 comments

By Josh Ellis & Dan Cooper Even before COVID-19 hit our country, water affordability has been a growing concern. From 2010 to 2019, the price of water service increased by 57 percent in 30 major U.S. cities. Meanwhile, millions of Americans have their water shutoff every year due to an inabilityRead More

Rates and Affordability: A Ratings Agency Perspective

Rates and Affordability: A Ratings Agency Perspective

April 13, 2020 at 8:58 am 0 comments

By Erin Boeke Burke What Does “Affordable” Mean? There are a wide range of opinions on what it means for water and sewer service to be “affordable.” To some, water is a human right, others a property right, and still others a commodity. One thing is certain: Access to potableRead More