Financial Report

Small Systems Tackle Financial Challenges through Technical Assistance

Small Systems Tackle Financial Challenges through Technical Assistance

May 30, 2023 at 6:30 am 0 comments

| By Dr. Ahmed Rachid El-Khattabi For years, thousands of small drinking water systems in the United States have been facing big financial challenges that undermine their ability to provide their customers with safe and affordable drinking water. As a result of these challenges, manyRead More

Fitch Ratings: EPA’s cyber rules will add financial burden for utilities

Fitch Ratings: EPA’s cyber rules will add financial burden for utilities

May 15, 2023 at 8:36 am 0 comments

According to a release from credit rating firm Fitch Ratings, the U.S. Environmental Protection Agency’s (EPA) requirement that all public water systems incorporate cyber risk and resiliency in their periodic reviews will add an increased regulatory and financial burden that could be even greater forRead More

EPA to invest $41 million in wastewater technical assistance

EPA to invest $41 million in wastewater technical assistance

May 1, 2023 at 9:49 am 0 comments

In April, the U.S. Environmental Protection Agency (EPA) announced $41 million in new technical assistance funding under America’s Water Infrastructure Act to help communities address urgent wastewater challenges. The new funding, awarded to nine technical assistance providers across the country, will primarily help rural, small,Read More

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 practicalRead 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 & AndreasRead 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 theRead 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 toRead 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 relyRead 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 equityRead 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’sRead More