Water Finance

Report: Closing investment gap would create jobs, spur economy

Report: Closing investment gap would create jobs, spur economy

Water Finance March 22, 2017 at 5:08 pm

In a new report released Wednesday by the Value of Water Campaign, an economic impact analysis examines how investments in the nation’s water infrastructure affect economic growth and employment. The report, “The Economic Benefits of Investing in Water Infrastructure” was shared for the first timeRead More

Michigan: An Example for Trump’s Infrastructure Plan?

Michigan: An Example for Trump’s Infrastructure Plan?

The State of Michigan is Getting Very Serious about Water Infrastructure, Restoring Public Trust & Protecting Ratepayers –By Gregory M. Baird– A shockwave occurred in the U.S. water industry as the toxic lead findings sent a media mushroom cloud over Flint, Michigan. Every water utilityRead More

EPA makes $100 million grant for Flint official

EPA makes $100 million grant for Flint official

Water Finance, Water Management March 21, 2017 at 11:00 am

Last week, the U.S. Environmental Protection Agency (EPA) awarded a $100 million grant to the City of Flint, Mich., to help the community continue to improve the quality of its drinking water system after it was contaminated with excessive lead levels in 2014 resulting aRead More

White House proposes EPA cuts in FY18 budget; SRF to increase

White House proposes EPA cuts in FY18 budget; SRF to increase

Financial Report, Washington Report, Water Finance March 20, 2017 at 11:44 am

Last week, the White House released its proposed budget for Fiscal Year 2018. As expected, the proposal includes severe cuts to government agencies but also expands support for some programs related to critical infrastructure. As proposed, the budget would lead to a 31 percent reductionRead More

Water sector testifies in Congress in support of water investment

Water sector testifies in Congress in support of water investment

Washington Report, Water Finance March 20, 2017 at 11:18 am

Water sector representatives testified in Congress last week in support of investment in water infrastructure and the importance of programs like the Drinking Water State Revolving Fund (DWSRF), the Water Infrastructure Finance and Innovation Act (WIFIA) and effective steps Congress can take to facilitate further cost-effectiveRead More

Raftelis announces Brandt as new president, CEO

Raftelis announces Brandt as new president, CEO

Water Finance March 20, 2017 at 10:57 am

Raftelis Financial Consultants, Inc. (RFC) has announced a change in leadership, as Peiffer Brandt has been appointed president and chief executive officer of the firm, which became effective Jan. 1, 2017. Brandt succeeds William (Bill) Stannard, P.E., who has served as president and CEO sinceRead More

U.S. infrastructure gets D+ on ASCE’s 2017 report card

U.S. infrastructure gets D+ on ASCE’s 2017 report card

Water Finance, Water Management March 13, 2017 at 9:48 am

The American Society of Civil Engineers (ASCE) released its 2017 Infrastructure Report Card last week, giving overall infrastructure in the United States a cumulative grade of D+. On the water side, wastewater scored a D+ while drinking water received a D. Released every four years, ASCE’sRead More

Water sector reacts to report card grades

Water sector reacts to report card grades

Water Finance, Water Management March 13, 2017 at 9:47 am

Last week, the American Society of Civil Engineers released its 2017 Infrastructure Report Card, with many segments and sectors of the nation’s infrastructure received near-failing grades, including drinking water and wastewater systems. The 2017 report card graded drinking water a D and wastewater a D+.Read More

AEM report highlights manufacturing’s impact on U.S. economy

AEM report highlights manufacturing’s impact on U.S. economy

Water Finance March 13, 2017 at 9:46 am

A report released in March found that the equipment manufacturing industry supported about 1.3 million jobs and contributed more than $159 billion to the Gross Domestic Product (GDP) of the United States in 2016. The Association of Equipment Manufacturers (AEM) unveiled the report as over 130,000Read More

Does Trump’s infrastructure plan conflict with budget proposal?

Does Trump’s infrastructure plan conflict with budget proposal?

President Donald Trump vowed to follow through on another key campaign promise when he announced during a recent address to Congress that he would ask for approval of a $1 trillion infrastructure spending plan. However, Trump’s comments on increased infrastructure investment came just days after theRead More