Water Finance

Commissioners for the Washington Suburban Sanitary Commission recently approved three contracts totaling $149.5 million to repair and replace aging infrastructure and meet future water supply demands for Montgomery and Prince George’s County residents. The largest contract, valued at $135 million, involves paving, roadway and sidewalkRead More

The National Association of Water Companies (NAWC) joined more than 150 organizations supporting Infrastructure Week 2017, May 15-19, to elevate infrastructure as a critical issue impacting all Americans. Much of America’s water infrastructure is outdated, overused and underserviced. Many of our water pipes are moreRead More

The Value of Water Campaign recently released the results to a new poll that reveals Americans’ level of satisfaction with infrastructure systems and emphasis being placed on prioritizing critical projects by the federal government. The poll, commissioned by the Value of Water Campaign, found that moreRead More

The U.S. Environmental Protection Agency (EPA) recently awarded $855,0000 to the Oklahoma Office of the Secretary of Energy to support management of nonpoint-source water pollution. The funding will be used for a variety of projects designed to improve water quality in several priority watersheds. “ImprovingRead More

The American Water Works Association applauded Congress for appropriating an additional $10 million for the Water Infrastructure Finance and Innovation Act (WIFIA). The additional $10 million brings WIFIA funding in 2017 to $30 million, which can leverage an estimated $1.5 billion in federal loans. Because WIFIA canRead More

The $1.017 trillion omnibus appropriations bill signed in early May by President Donald Trump finalizes federal agency budgets for the remainder of the 2017 fiscal year and removes the immediate threat of a government shutdown. The bill slightly reduces overall EPA appropriations, but also delivers fresh newRead More

Raftelis Financial Consultants, Inc. (RFC) has announced the hiring of John Mastracchio as a vice president. Mastracchio, who lives in the Albany area, will head up the new RFC office in Albany, N.Y. Mastracchio has more than 22 years of experience as a financial and managementRead More

The American Water Works Association (AWWA) celebrated news that 43 entities have expressed interest in loans through the Water Infrastructure Finance and Innovation Act (WIFIA) and urged increased funding to confront the U.S. water infrastructure challenge. AWWA, the chief architect of the WIFIA program, continuesRead More

According to a new report from Fitch Ratings, water and sewer utilities throughout the country are faced with aging infrastructure and a rather large price tag to rectify it, which could pave the way for substantially more investment in the space. The California drought, theRead More

In April, the Trump Administration released a one-page outline of a tax code overhaul that it says will grow the economy, simplify tax filing and lower rates for businesses and middle-income families.  The outline does not definitively indicate whether or not municipal bond interest income would beRead More