Public Utility Finance

Trump, Democrats signal interest in infrastructure for “Phase 4” stimulus

Trump, Democrats signal interest in infrastructure for “Phase 4” stimulus

April 1, 2020 at 1:26 pm 0 comments

On Tuesday, President Donald Trump tweeted about a possible federal infrastructure bill worth $2 trillion that would presumably serve as, or as part of, a “Phase 4” stimulus package amid the COVID-19 pandemic. Then on Wednesday, House Speaker Nancy Pelosi (D-Calif.) was joined by U.S. Reps. Frank Pallone (D-N.J.), JamesRead More

Stimulus package excludes financial relief for water sector

Stimulus package excludes financial relief for water sector

March 30, 2020 at 10:09 am 0 comments

Congress released a massive stimulus package last week that was signed by President Donald Trump amid the COVID-19 pandemic that could have serious economic ramifications both in the United States and around the globe. The bill included significant funding for a variety of private industries, but direct financial relief for theRead More

Deane returns to EPA to head up Clean Water SRF program

Deane returns to EPA to head up Clean Water SRF program

March 30, 2020 at 9:51 am 0 comments

Michael Deane, former associate assistant administrator for the U.S. Environmental Protection Agency’s (EPA) Office of Water, has announced he has returned to the agency to lead the Clean Water State Revolving Fund (CWSRF) program, effective March 16. Deane most recently served as the executive director of the National Association ofRead More

COMMENTARY: Yes, Finance and Engineering Can Be BFFs

COMMENTARY: Yes, Finance and Engineering Can Be BFFs

March 9, 2020 at 9:40 am 0 comments

By Kristy Neckowicz Recently one of our clients, an engineering director of a major water utility, made a bold claim when she stated, “Against the will of every engineer, their job needs them to also be an accountant.” I’d argue that the same applies for every accountant, that is, their jobsRead More

City of Buffalo to launch nation’s largest Environmental Impact Bond

City of Buffalo to launch nation’s largest Environmental Impact Bond

March 2, 2020 at 12:03 pm 0 comments

Mayor Byron W. Brown of Buffalo, N.Y. announced during his 14th State of the City address that Buffalo will launch the largest Environmental Impact Bond (EIB) in the country at $30 million. The funds from this investment will allow the City of Buffalo and Buffalo Sewer Authority to capitalize onRead More

WaterWorksFund.com launches to advance investment opportunities

WaterWorksFund.com launches to advance investment opportunities

February 24, 2020 at 10:10 am 0 comments

WaterWorksFund.com, an online investing platform focused on advancing water solutions, has officially launched. WaterWorks, the Detroit-based organization behind the site, says WaterWorksFund.com is aimed at introducing people to investment opportunities in technology companies and projects seeking investment capital. “Many innovative technologies and projects exist to help solve our water problems,”Read More

Financial Report: Serving the Community through Data-Driven Decisions

Financial Report: Serving the Community through Data-Driven Decisions

February 18, 2020 at 9:27 am 0 comments

By Glenn Barnes Water systems exist to serve their communities. But do the water system’s rate structure, prices, and policies align with community values? The annual rate process is an opportunity to measure this. Every year, water systems should calculate the annual cost of providing water service today and intoRead More

NACWA honors 2020 National Environmental Achievement Award winners

NACWA honors 2020 National Environmental Achievement Award winners

February 10, 2020 at 5:00 am 0 comments

The winners of the 2020 National Environmental Achievement Awards (NEAA) were announced last week as part of the National Association of Clean Water Agencies’ (NACWA) Winter Conference, held at the JW Marriott Buckhead in Atlanta, Georgia. The NEAA Program recognizes individuals and NACWA member public clean water utilities that haveRead More

Water Utilities, Climate Change, Bond Ratings and Insurance: Connections and Implications

Water Utilities, Climate Change, Bond Ratings and Insurance: Connections and Implications

February 7, 2020 at 1:30 pm 0 comments

By Erica Brown The managers of two large utilities recently remarked to me that in recent discussions with bond rating agencies, the questions that arose about climate change dove much deeper than in recent memory. In both cases, rating agencies wanted to know specifically about what climate related risks theRead More

Raftelis acquires Novak Consulting Group

Raftelis acquires Novak Consulting Group

January 27, 2020 at 11:27 am 0 comments

Raftelis has announced it has acquired The Novak Consulting Group (TNCG), expanding Raftelis’ financial and management consulting offerings into local government functions, including police, fire, recreation and transportation. “Over the past several years, our two firms have developed a strong relationship and we have great respect for TNCG’s work inRead More