Water Finance

The U.S. Environmental Protection Agency (EPA) has announced the expansion of its successful Closing America’s Wastewater Access Gap Community Initiative to 150 additional communities as part of President Biden’s Investing in America agenda. Originally launched in partnership with the U.S. Department of Agriculture (USDA), the initiative partnersRead More

| By Audra Dickinson U.S. water utilities are entering a calmer environment in 2024 as the rate of inflation continues to level off, so much so that Fitch Ratings has moved its sector outlook to neutral from deteriorating. Much of the improved picture is drivenRead More

In recent public comments submitted on the proposed Lead and Copper Rule Improvements (LCRI) rule, the American Water Works Association (AWWA) reiterated its support for removing lead service lines across the country, but recommended “critical revisions” to make the rule feasible and affordable. “Over the last several decades, theRead More

The Water Tower Global Innovation Hub in Buford, Georgia, will host 10th annual event for CFOs, finance professionals Aug. 6-7 The Water Finance Conference, a two-day educational seminar for water utility finance executives, will host its 2024 event Aug. 6-7 at The Water Tower Global InnovationRead More

The Pittsburgh Water and Sewer Authority was awarded a $32.1 million funding package from the Pennsylvania Infrastructure Investment Authority (PENNVEST) to continue the aggressive removal of lead service lines throughout its drinking water system. The funding, provided by the Bipartisan Infrastructure Law (BIL), is splitRead More

This month, the Government Finance Officers Association spearheaded a letter to Congress noting the value of maintaining access to tax-preferred infrastructure financing options. Water sector associations, the Association of Metropolitan Water Agencies (AMWA) and the National Association of Clean Water Agencies (NACWA), which represent utilityRead More

As utilities think about deploying large-scale ad­vanced metering, considering the long-term costs associated with managing and main­taining the system are paramount to a successful project. Implementing an advanced metering program in-house can involve significant up-front capital, ongo­ing maintenance expenses and unexpected budget overruns. A metering-as-a-serviceRead More

In December, Carolina Water Service of North Carolina (CWSNC) and Carteret County, located on the North Carolina’s East Coast, closed on CWSNC’s acquisition of the Carteret County water system. CWSNC began its partnership with Carteret County in 2020 when CWSNC was the successful bidder forRead More

Despite the significant infusion of funds from the American Rescue Plan Act (ARPA) and the Bipartisan Infrastructure Law (BIL), Fitch Ratings said it estimates a funding gap in excess of $85 billion over the next five years for water and sewer utilities that will needRead More

Utility Finance Executives Weigh In On Resilience, Affordability, Digital Transformation & More Editor’s Note: Following the conclusion of our 2023 Water Finance Conference in Cleveland, our longtime contributor and colleague Greg Baird, a former water utility CFO and now principal consultant with Black & VeatchRead More