Water Finance

P3GreatLakes seeks green infrastructure funding via Environmental Impact Bonds

P3GreatLakes seeks green infrastructure funding via Environmental Impact Bonds

Water Finance May 20, 2019 at 9:15 am

The P3Great Lakes Initiative is seeking municipalities from the Great Lakes basin states — Minnesota, Wisconsin, Illinois, Indiana, Michigan, Ohio Pennsylvania and New York — to finance green stormwater infrastructure via an Environmental Impact Bond (EIB). According to P3Great Lakes, the EIB is a financing tool that uses a “PayRead More

AWWA: Rate survey shows increasing utility costs still driving up rates

AWWA: Rate survey shows increasing utility costs still driving up rates

Rates & Affordability, Water Finance May 13, 2019 at 8:00 am

The American Water Works Association’s most recent Water and Wastewater Rate Survey reveals that average increases in drinking water and wastewater charges continue to outpace the rise in the U.S. Consumer Price Index. The 2019 rate survey is now available here. Between the 2016 and 2018 surveys,Read More

WEF releases first-ever stormwater needs analysis revealing major funding gap

WEF releases first-ever stormwater needs analysis revealing major funding gap

The first-ever analysis of needs of the U.S. stormwater sector shows an estimated $7.5 billion annual funding gap and revealed top priorities and challenges across the country. The inaugural MS4 Needs Assessment Survey led by the Water Environment Federation’s (WEF) Stormwater Institute, reflects an effort toRead More

At a cost of nearly $200 million, the Riverside Regional Water Quality Control Plant Phase 1 Expansion is the largest public works project the city has ever completed.

Congressional Democrats, Trump meet on $2 trillion infrastructure outline

Washington Report, Water Finance May 6, 2019 at 11:56 am

President Donald J. Trump, along with House Speaker Nancy Pelosi (D-Calif.) and Senate Minority Leader Chuck Schumer (D-N.Y.), met last week to discuss the possibility of a bipartisan infrastructure deal. The two sides reportedly reached an agreement on the outline of a $2 trillion infrastructureRead More

AMWA: Trump, Congressional leaders expected to regroup on infrastructure talks

AMWA: Trump, Congressional leaders expected to regroup on infrastructure talks

Washington Report, Water Finance April 29, 2019 at 11:22 am

President Donald Trump and Congressional leaders are expected to circle back on talks this week regarding comprehensive infrastructure legislation and the likelihood of passing such a bill in the near future, according to the Association of Metropolitan Water Agencies (AMWA). Trump is expected to hostRead More

Poll shows widespread voter support for bipartisan investment in water

Poll shows widespread voter support for bipartisan investment in water

Water Finance, Water Management April 22, 2019 at 8:45 am

Earlier this month the Value of Water Campaign released the results from its fourth annual national poll to gauge U.S. voter opinions on water infrastructure. The poll found continual, significant bipartisan support for water infrastructure investments: 85 percent of American voters support increasing federal water infrastructure investment.Read More

NACWA: Now Is the Time to Advance Clean Water Infrastructure

NACWA: Now Is the Time to Advance Clean Water Infrastructure

By Jason Isakovic Public clean water sewer and stormwater services are an aspect of everyday life that often goes unnoticed by the hundreds of millions of Americans that depend on them. These essential services provide communities throughout the country, both small and large, the ability toRead More

EPA’s new round of WIFIA loans totals $6 billion

EPA’s new round of WIFIA loans totals $6 billion

In March, U.S. Environmental Protection Agency (EPA) Administrator Andrew Wheeler announced the availability of funding to provide an estimated $6 billion in Water Infrastructure Finance and Innovation Act (WIFIA) loans in 2019. “Through WIFIA, we are addressing several of President Trump’s top priorities simultaneously: modernizingRead More

National Water Policy Fly-In sets attendance record as Water Week 2019 anchor event

National Water Policy Fly-In sets attendance record as Water Week 2019 anchor event

Washington Report, Water Finance, Water Management April 12, 2019 at 2:10 pm

The 2019 National Water Policy Fly-In set a record for attendance and participation in April as more than 320 participants traveled to Washington, D.C. to conduct hundreds of face-to-face meetings with lawmakers and staffers in Congressional offices. The National Water Policy Fly-In was held April 3-4 atRead More

Cash Reserves Pt. 2: Capital Reserves, Debt Service & Rate Stabilization Reserves

Cash Reserves Pt. 2: Capital Reserves, Debt Service & Rate Stabilization Reserves

By Andy McCartney Editor’s Note: This is the second article in a two-part series on cash reserves for water utilities. As mentioned in the first article on operating reserves, cash reserves are required to meet the operational, maintenance and capital needs of the utility whileRead More