Water Finance

City of Buffalo renews water O&M contract with Veolia

City of Buffalo renews water O&M contract with Veolia

Private Financing / P3s, Water Management August 10, 2020 at 8:39 am

Continuing a partnership that has led to greater efficiency, cost-effectiveness and sustainability, the City of Buffalo has decided to renew its operations and maintenance contract with Veolia North America to provide drinking water services to a population of more than 250,000 people. Buffalo’s contract withRead More

Eastern Municipal Water District gets GFOA honor for financial reporting

Eastern Municipal Water District gets GFOA honor for financial reporting

Public Utility Finance, Water Finance August 6, 2020 at 9:41 am

Eastern Municipal Water District (EMWD) was recently recognized for Excellence in Financial Reporting by the Government Finance Officers Association, marking the 17th consecutive year that EMWD has earned the distinction. EMWD received the Certificate of Achievement for its Comprehensive Annual Financial Report for the fiscalRead More

Rate Reviews & Long-Term Financial Planning: Lessons from COVID-19

Rate Reviews & Long-Term Financial Planning: Lessons from COVID-19

By JP Joly With the multitude of challenges the world has faced in 2020, primarily due to the COVID-19 pandemic and its economic impact, many water utilities are rethinking their approach to rate reviews and long-term financial planning. As both residential and CII customers lookRead More

Virtual Water Finance Conference to cover utility rates, affordability, revenue recovery

Virtual Water Finance Conference to cover utility rates, affordability, revenue recovery

September 8, 10, 15 & 17 The 2020 Water Finance Conference, which will be presented in a virtual format this September, will touch on a range of topics in the water utility finance space including rate setting, customer affordability short- and long-term financial planning, revenue recoveryRead More

EPA announces $6 billion in WIFIA funds for water projects

EPA announces $6 billion in WIFIA funds for water projects

The U.S. Environmental Protection Agency (EPA) recently announced the 2020 notice of funding availability under its Water Infrastructure Finance and Innovation Act (WIFIA) program, including funding for WIFIA’s new state infrastructure financing authority, known as the SWIFIA program. These funding programs accelerate investment in criticalRead More

House FY21 spending bill includes no new direct WIFIA appropriations

House FY21 spending bill includes no new direct WIFIA appropriations

As the start of the federal Fiscal Year 2021 (FY21) rapidly approaches on October 1st, the U.S. House has begun working to advance its annual Appropriations (funding) bills through their committee process. Last week, the House Appropriations Committee passed its Interior and Environment bill to fund theRead More

San Francisco gets $513 million WIFIA loan for wastewater

San Francisco gets $513 million WIFIA loan for wastewater

Public Utility Finance, Water Finance July 10, 2020 at 11:00 am

The U.S. Environmental Protection Agency (EPA) recently announced a $513 million Water Infrastructure Finance and Innovation Act (WIFIA) loan to the San Francisco Public Utilities Commission (SFPUC) in California to help finance needed pretreatment and other related improvements to its Southeast Treatment Plant, which treatsRead More

EPA releases financial impact tool for water utilities

EPA releases financial impact tool for water utilities

The U.S. Environmental Protection Agency (EPA) has released a new tool to help water utilities assess the financial impact of COVID-19 on operations. Throughout the COVID-19 national health emergency — and as communities across the country reopen — water utilities have reliably provided safe drinkingRead More

AWWA cites distancing, declining revenue as biggest concerns

AWWA cites distancing, declining revenue as biggest concerns

Public Utility Finance, Water Management July 1, 2020 at 3:23 pm

According to a recent survey conducted by the American Water Works Association (AWWA), most water utilities are returning to normal operations as they reopen their offices and relax some of the measures they put in place during the first months of the COVID-19 pandemic. ConductedRead More

NACWA’s Cost of Clean Water Index indicates increase in 2019

NACWA’s Cost of Clean Water Index indicates increase in 2019

The National Association of Clean Water Agencies’ (NACWA) 2019 Cost of Clean Water Index, released May 29, indicates that the average cost of wastewater services rose 3.8 percent in 2019, more than doubling the rate of inflation over the same period. The national average cost forRead More